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Shopify

1,259 hedge funds and large institutions have $66.6B invested in Shopify in 2024 Q3 according to their latest regulatory filings, with 155 funds opening new positions, 471 increasing their positions, 432 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 97

27% more call options, than puts

Call options by funds: $3.02B | Put options by funds: $2.37B

24% more capital invested

Capital invested by funds: $53.8B → $66.6B (+$12.8B)

10% more funds holding in top 10

Funds holding in top 10: 3134 (+3)

4% more funds holding

Funds holding: 1,2091,259 (+50)

1.46% more ownership

Funds ownership: 67.17%68.63% (+1.5%)

9% more repeat investments, than reductions

Existing positions increased: 471 | Existing positions reduced: 432

Holders
1,259
Holders Change
+50
Holders Change %
+4.14%
% of All Funds
18.08%
Holding in Top 10
34
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+9.68%
% of All Funds
0.49%
New
155
Increased
471
Reduced
432
Closed
97
Calls
$3.02B
Puts
$2.37B
Net Calls
+$651M
Net Calls Change
-$154M
Name Holding Trade Value Shares
Change
Change in
Stake
MCM
576
MAI Capital Management
Ohio
$929K -$49.9K -722 -6%
SFA
577
Souders Financial Advisors
Ohio
$928K +$4.08K +59 +0.5%
MAM
578
MWA Asset Management
Massachusetts
$927K -$89.2K -1,292 -10%
WSCM
579
Wellington Shields Capital Management
New York
$922K -$276K -4,000 -26%
RSWM
580
Robertson Stephens Wealth Management
California
$918K -$14.2K -205 -2%
PIA
581
Perennial Investment Advisors
California
$912K -$26.2K -380 -3%
AWS
582
Arkfeld Wealth Strategies
Nebraska
$884K -$207 -3 -0%
GC
583
Guggenheim Capital
Illinois
$872K -$138K -1,997 -16%
VA
584
Valmark Advisers
Ohio
$871K +$39.2K +568 +6%
IAN
585
Integrated Advisors Network
Texas
$869K -$59.5K -862 -7%
MFG
586
Menard Financial Group
Texas
$869K -$10.6K -153 -1%
UCFA
587
United Capital Financial Advisors
Texas
$865K +$181K +2,626 +32%
PS
588
Principal Securities
Iowa
$865K -$51.1K -740 -6%
CCM
589
Conway Capital Management
California
$864K
CCIA
590
Cherry Creek Investment Advisors
Colorado
$859K
MW
591
Marcum Wealth
Ohio
$855K +$1.52K +22 +0.2%
WMP
592
Wealth Management Partners
Arizona
$854K +$736K +10,654 New
GRP
593
Global Retirement Partners
California
$854K +$31K +449 +4%
MFG
594
Merit Financial Group
Georgia
$852K -$371K -5,378 -34%
CIA
595
Concurrent Investment Advisors
Florida
$852K -$55.2K -799 -7%
MTWM
596
Masso Torrence Wealth Management
New Jersey
$851K -$30.4K -440 -4%
QWM
597
Quadcap Wealth Management
Texas
$849K -$52.6K -762 -7%
CMI
598
Clare Market Investments
Texas
$847K -$114K -1,650 -14%
RWB
599
RMR Wealth Builders
New Jersey
$845K +$26.8K +388 +4%
LFA
600
Legacy Financial Advisors
Kentucky
$838K +$11.3K +163 +2%

SHOP Hedge Fund Activity: Q3 2024 in Review

1,259 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2024, worth a combined $66.6B — up 24% from $53.8B a quarter earlier.

Buyers outnumbered sellers: 155 funds opened new SHOP positions and 97 closed out — a net gain of 58 holders — while 471 added to existing stakes and 432 trimmed.

The largest buyer was Capital International Investors, adding an estimated $585M. The largest seller was JP Morgan Chase, cutting an estimated $564M.

  • 1,259 institutional investors held Shopify (SHOP) as of Q3 2024, up from 1,209 in Q2 2024.
  • Funds reported $66.6B of Shopify stock for Q3 2024, up 24% quarter-over-quarter.
  • 155 funds opened new Shopify positions in Q3 2024 and 97 closed out, a net change of +58 holders.
  • The largest Shopify buyer in Q3 2024 was Capital International Investors, an estimated $585M added.
  • The largest Shopify seller in Q3 2024 was JP Morgan Chase, an estimated $564M sold.

Based on aggregated 13F filings for Q3 2024.