Shopify
SHOP
494 hedge funds and large institutions have $20.2B invested in Shopify in 2019 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 136 increasing their positions, 191 reducing their positions, and 56 closing their positions.
70% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 56
31% more capital invested
Capital invested by funds: $15.4B → $20.2B (+$4.83B)
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
7% more funds holding
Funds holding: 460 → 494 (+34)
29% less repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 191
42% less call options, than puts
Call options by funds: $1.01B | Put options by funds: $1.75B
79.74% less ownership
Funds ownership: 761.37% → 681.63% (-80%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$381M |
| 2 |
Two Sigma Advisers
New York
|
+$149M |
| 3 |
JP Morgan Chase
New York
|
+$134M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$130M |
| 5 |
D.E. Shaw & Co
New York
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$339M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$305M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$278M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$268M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$231M |
SHOP Hedge Fund Activity: Q2 2019 in Review
494 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q2 2019, worth a combined $20.2B — up 31% from $15.4B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new SHOP positions and 56 closed out — a net gain of 39 holders — while 136 added to existing stakes and 191 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $381M. The largest seller was T. Rowe Price Associates, cutting an estimated $339M.
- 494 institutional investors held Shopify (SHOP) as of Q2 2019, up from 460 in Q1 2019.
- Funds reported $20.2B of Shopify stock for Q2 2019, up 31% quarter-over-quarter.
- 95 funds opened new Shopify positions in Q2 2019 and 56 closed out, a net change of +39 holders.
- The largest Shopify buyer in Q2 2019 was Lone Pine Capital, an estimated $381M added.
- The largest Shopify seller in Q2 2019 was T. Rowe Price Associates, an estimated $339M sold.
Based on aggregated 13F filings for Q2 2019.