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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
BBA
601
BLB&B Advisors
Pennsylvania
$835K -$104K -1,500 -13%
AIA
602
Angeles Investment Advisors
California
$833K +$27.8K +402 +4%
Pacer Advisors
603
Pacer Advisors
Pennsylvania
$824K -$12.8K -185 -2%
KA
604
Kercheville Advisors
Texas
$822K -$15.9K -230 -2%
MS
605
Maven Securities
Jersey
$819K -$1.76M -25,459 -71%
IEFM
606
IQ EQ Fund Management
Ireland
$816K +$258K +3,737 +58%
SWM
607
StoneCrest Wealth Management
Arizona
$805K -$104K -1,512 -13%
CAM
608
Creekmur Asset Management
Illinois
$805K -$53.2K -770 -7%
CC
609
Cypress Capital
Tennessee
$801K
GAG
610
GM Advisory Group
New York
$796K -$185K -2,675 -21%
TCM
611
Triumph Capital Management
Colorado
$795K +$172K +2,495 +34%
IAM
612
Impact Asset Management
$791K +$681K +9,867 New
CWA
613
Canvas Wealth Advisors
Kansas
$790K +$66K +956 +11%
GCM
614
Gables Capital Management
Florida
$789K -$325K -4,700 -32%
CPA
615
Cardiff Park Advisors
California
$787K -$48.3K -700 -7%
BCM
616
BluePointe Capital Management
California
$782K -$35K -507 -5%
SG Americas Securities
617
SG Americas Securities
New York
$774K -$1.04M -15,084 -61%
AAS
618
Ameritas Advisory Services
Nebraska
$771K -$2.64M -38,187 -80%
XSC
619
X-Square Capital
Puerto Rico
$767K +$64K +927 +11%
NIP
620
Nicholas Investment Partners
California
$767K -$1.87M -27,142 -74%
PGFC
621
Peapack-Gladstone Financial Corp
New Jersey
$765K +$149K +2,162 +29%
KNW
622
Kesler Norman & Wride
Utah
$764K +$12.4K +180 +2%
MWA
623
Moser Wealth Advisors
Washington
$755K +$8.84K +128 +1%
AA
624
Axiom Advisory
California
$751K +$11.7K +170 +2%
HWM
625
HB Wealth Management
Georgia
$742K +$33.8K +489 +6%

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.