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Shopify

285 hedge funds and large institutions have $5.62B invested in Shopify in 2017 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 93 increasing their positions, 94 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 27

83% more funds holding in top 10

Funds holding in top 10: 611 (+5)

39% more capital invested

Capital invested by funds: $4.04B → $5.62B (+$1.58B)

13% more funds holding

Funds holding: 253285 (+32)

1% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 94

25.72% less ownership

Funds ownership: 590.38%564.66% (-26%)

55% less call options, than puts

Call options by funds: $209M | Put options by funds: $469M

Holders
285
Holders Change
+32
Holders Change %
+12.65%
% of All Funds
7.11%
Holding in Top 10
11
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+83.33%
% of All Funds
0.27%
New
63
Increased
93
Reduced
94
Closed
27
Calls
$209M
Puts
$469M
Net Calls
-$260M
Net Calls Change
+$2.4M
Name Holding Trade Value Shares
Change
Change in
Stake
American Century Companies
51
American Century Companies
Missouri
$15.3M -$8.35M -817,910 -38%
TAM
52
Telemark Asset Management
Massachusetts
$15.1M
Two Sigma Investments
53
Two Sigma Investments
New York
$15M +$12.6M +1,233,250 +2,107%
New York State Common Retirement Fund
54
New York State Common Retirement Fund
New York
$15M +$6.66M +652,360 +102%
BCM
55
Barometer Capital Management
Ontario, Canada
$14.6M +$12.8M +1,249,500 New
CCI
56
Columbus Circle Investors
$14.3M -$1.38M -134,940 -10%
O
57
OppenheimerFunds
New York
$13.1M -$11.9M -1,166,900 -51%
State of Wisconsin Investment Board
58
State of Wisconsin Investment Board
Wisconsin
$13.1M -$694K -68,000 -6%
ACM
59
Ashford Capital Management
Delaware
$13M -$730K -71,500 -6%
Wells Fargo
60
Wells Fargo
California
$12.1M +$3.39M +331,740 +47%
PIC
61
PCJ Investment Counsel
Ontario, Canada
$11.2M -$1.58M -154,720 -14%
SIM
62
Spark Investment Management
New York
$11.2M -$1.23M -120,000 -11%
UBS Group
63
UBS Group
Switzerland
$10.9M +$1.77M +173,700 +23%
BlackRock
64
BlackRock
New York
$10.9M -$48.3K -4,730 -0.5%
Bank of America
65
Bank of America
North Carolina
$10.4M +$255K +24,960 +3%
MBI
66
Montrusco Bolton Investments
Quebec, Canada
$10.2M -$2.1M -205,390 -19%
Massachusetts Financial Services
67
Massachusetts Financial Services
Massachusetts
$10.2M -$371K -36,320 -4%
CS
68
Credit Suisse
Switzerland
$10.2M -$1.84M -180,060 -17%
RJA
69
Raymond James & Associates
Florida
$10.1M +$1.48M +145,070 +20%
AII
70
AGF Investments Inc
Ontario, Canada
$9.96M
EVM
71
Eaton Vance Management
Massachusetts
$9.93M
CIBC World Market
72
CIBC World Market
Ontario, Canada
$9.53M -$8.95M -876,460 -52%
Legal & General Group
73
Legal & General Group
United Kingdom
$8.73M +$1.07M +105,170 +16%
Tiger Global Management
74
Tiger Global Management
New York
$8.15M
NOCM
75
Night Owl Capital Management
Connecticut
$7.45M -$71.2K -6,970 -1%

SHOP Hedge Fund Activity: Q3 2017 in Review

285 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2017, worth a combined $5.62B — up 39% from $4.04B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new SHOP positions and 27 closed out — a net gain of 36 holders — while 93 added to existing stakes and 94 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $97.7M. The largest seller was Morgan Stanley, cutting an estimated $38.2M.

  • 285 institutional investors held Shopify (SHOP) as of Q3 2017, up from 253 in Q2 2017.
  • Funds reported $5.62B of Shopify stock for Q3 2017, up 39% quarter-over-quarter.
  • 63 funds opened new Shopify positions in Q3 2017 and 27 closed out, a net change of +36 holders.
  • The largest Shopify buyer in Q3 2017 was T. Rowe Price Associates, an estimated $97.7M added.
  • The largest Shopify seller in Q3 2017 was Morgan Stanley, an estimated $38.2M sold.

Based on aggregated 13F filings for Q3 2017.