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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
DR
701
Davis Rea
Ontario, Canada
$574K
CC
702
Centiva Capital
New York
$572K -$470K -6,810 -49%
AWA
703
Arete Wealth Advisors
Illinois
$568K +$492K +7,123 New
NFG
704
Nadler Financial Group
Illinois
$563K
KLCM
705
KG&L Capital Management
Louisiana
$561K -$352K -5,095 -42%
ZF
706
Zhang Financial
Michigan
$559K
HCA
707
Harbour Capital Advisors
Virginia
$558K -$6.22K -90 -1%
LWA
708
Lantern Wealth Advisors
New York
$557K +$69.1K +1,000 +17%
MA
709
MONECO Advisors
Connecticut
$557K +$22.8K +330 +5%
BCM
710
Brookstone Capital Management
Illinois
$557K -$185K -2,685 -28%
Fiera Capital (Canada)
711
Fiera Capital (Canada)
Quebec, Canada
$550K -$4.56K -66 -1%
FT
712
Fiduciary Trust
Massachusetts
$548K +$473K +6,844 New
CCWM
713
Correct Capital Wealth Management
Missouri
$543K -$37.4K -541 -7%
PM
714
Pembroke Management
Quebec, Canada
$532K
CP
715
Castleview Partners
Texas
$531K +$129K +1,874 +39%
MC
716
Moors & Cabot
Massachusetts
$527K +$201K +2,905 +79%
MPPLM
717
Midwest Professional Planners Ltd (MPPL)
Wisconsin
$527K +$68.2K +987 +18%
LWM
718
Lakeridge Wealth Management
Ohio
$526K
GPA
719
Garrison Point Advisors
California
$525K +$52.5K +760 +13%
GC
720
Gilbert & Cook
Iowa
$523K -$10.8K -156 -2%
SW
721
SlateStone Wealth
Florida
$523K +$57.3K +830 +15%
LA
722
LexAurum Advisors
Kansas
$523K -$3.8K -55 -0.8%
NPA
723
Nichols & Pratt Advisers
Massachusetts
$521K +$449K +6,500 New
SC
724
Syon Capital
California
$520K +$63.3K +917 +16%
FHA
725
First Horizon Advisors
Tennessee
$520K +$45.2K +654 +11%

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.