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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
ZIG
626
Zullo Investment Group
Pennsylvania
$741K +$3.04K +44 +0.5%
KA
627
Kovack Advisors
Florida
$739K +$269K +3,889 +73%
TC
628
TwinBeech Capital
New York
$738K -$4.61M -66,801 -88%
BIM
629
Baldwin Investment Management
Pennsylvania
$738K
Parallax Volatility Advisers
630
Parallax Volatility Advisers
California
$737K -$2.57M -37,206 -80%
CAI
631
Capital Advisors Inc
Oklahoma
$733K -$6.91K -100 -1%
IFWM
632
Institute for Wealth Management
Colorado
$728K +$48.4K +701 +8%
WGC
633
Watts Gwilliam & Co
Arizona
$723K +$605K +8,760 New
WA
634
Wealth Alliance
New York
$719K +$138K +2,000 +29%
GIA
635
Gladstone Institutional Advisory
Florida
$718K -$220K -3,186 -26%
LIA
636
LBMC Investment Advisors
Tennessee
$717K
SVWAG
637
Sound View Wealth Advisors Group
Georgia
$716K -$27.4K -397 -4%
DWM
638
Dakota Wealth Management
Florida
$715K +$79.9K +1,157 +15%
AIM
639
Arcadia Investment Management
Michigan
$714K
ATS
640
Ashton Thomas Securities
New York
$710K +$57.6K +834 +10%
PTC
641
Private Trust Company
Ohio
$710K +$10.2K +147 +2%
V
642
ViaWealth
Kansas
$709K +$62.9K +910 +11%
MCM
643
Moore Capital Management
New York
$708K +$610K +8,831 New
WJWM
644
Williams Jones Wealth Management
New York
$707K +$276K +4,000 +83%
NS
645
NBC Securities
Alabama
$705K +$148K +2,146 +32%
GAM
646
Grandview Asset Management
Pennsylvania
$704K -$13.8K -200 -2%
DAS
647
Dynamic Advisor Solutions
Arizona
$703K +$40.4K +585 +7%
ODG
648
O'Dell Group
Ohio
$703K +$123K +1,786 +26%
PP
649
PDS Planning
Ohio
$703K +$7.46K +108 +1%
MFA
650
Mayflower Financial Advisors
Massachusetts
$699K -$2.07K -30 -0.3%

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.