Shopify
SHOP
1,226 hedge funds and large institutions have $104B invested in Shopify in 2021 Q3 according to their latest regulatory filings, with 122 funds opening new positions, 500 increasing their positions, 356 reducing their positions, and 92 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 500 | Existing positions reduced: 356
33% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 92
1.77% more ownership
Funds ownership: 675.01% → 676.77% (+1.8%)
1% more funds holding
Funds holding: 1,209 → 1,226 (+17)
5% less call options, than puts
Call options by funds: $10.6B | Put options by funds: $11.2B
4% less funds holding in top 10
Funds holding in top 10: 85 → 82 (-3)
7% less capital invested
Capital invested by funds: $111B → $104B (-$7.35B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$585M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$451M |
| 3 |
SG Americas Securities
New York
|
+$421M |
| 4 |
JP Morgan Chase
New York
|
+$254M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$224M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$445M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$385M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$303M |
| 4 |
D.E. Shaw & Co
New York
|
-$297M |
| 5 |
Renaissance Technologies
New York
|
-$251M |
SHOP Hedge Fund Activity: Q3 2021 in Review
1,226 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2021, worth a combined $104B — down 6.6% from $111B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new SHOP positions and 92 closed out — a net gain of 30 holders — while 500 added to existing stakes and 356 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $585M. The largest seller was ARK Investment Management, cutting an estimated $445M.
- 1,226 institutional investors held Shopify (SHOP) as of Q3 2021, up from 1,209 in Q2 2021.
- Funds reported $104B of Shopify stock for Q3 2021, down 6.6% quarter-over-quarter.
- 122 funds opened new Shopify positions in Q3 2021 and 92 closed out, a net change of +30 holders.
- The largest Shopify buyer in Q3 2021 was Fidelity Investments, an estimated $585M added.
- The largest Shopify seller in Q3 2021 was ARK Investment Management, an estimated $445M sold.
Based on aggregated 13F filings for Q3 2021.