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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
FPAS
801
Focus Partners Advisor Solutions
Missouri
$411K +$8.63K +125 +2%
CAAS
802
Capital Asset Advisory Services
Michigan
$411K +$29.2K +423 +9%
WT
803
Whittier Trust
California
$405K +$48.6K +704 +16%
OS
804
Objectivity Squared
South Carolina
$404K +$20.6K +298 +6%
IIA
805
IPG Investment Advisors
California
$402K -$5.66M -81,960 -94%
WP
806
Westmount Partners
California
$402K -$5.53K -80 -2%
JWM
807
JGP Wealth Management
Oregon
$401K +$15.1K +219 +5%
FF
808
Farnam Financial
Arizona
$401K +$345K +5,000 New
PCM
809
PAR Capital Management
Massachusetts
$401K +$345K +5,000 New
CNWM
810
Clay Northam Wealth Management
California
$400K -$760 -11 -0.2%
JCM
811
Jacobi Capital Management
Pennsylvania
$399K +$344K +4,977 New
RFN
812
Redwood Financial Network
Ohio
$399K -$8.29K -120 -2%
ECU
813
Eisler Capital (UK)
United Kingdom
$398K +$343K +4,971 New
SMA
814
Seven Mile Advisory
New Jersey
$397K +$36.6K +530 +12%
OWP
815
Obermeyer Wealth Partners
Colorado
$395K +$13.8K +200 +4%
CGL
816
Clarius Group LLC
Washington
$395K -$34.1K -494 -9%
FCAS
817
First Command Advisory Services
Texas
$394K
SHGA
818
Sand Hill Global Advisors
California
$394K +$13.1K +189 +4%
PTP
819
Platform Technology Partners
New York
$393K +$63.3K +916 +23%
HCM
820
Howland Capital Management
Massachusetts
$389K
EAM
821
Evanson Asset Management
California
$387K
MIM
822
Montgomery Investment Management
Maryland
$385K
CCA
823
Checchi Capital Advisers
California
$383K +$35.4K +513 +12%
NFG
824
Nations Financial Group
Iowa
$381K +$14.4K +209 +5%
BCA
825
Bay Colony Advisors
Massachusetts
$380K -$21.8K -315 -6%

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.