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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
WAP
851
Wealthcare Advisory Partners
Pennsylvania
$342K -$45.7K -661 -13%
CI
852
Ceera Investments
Texas
$342K
PA
853
PFG Advisors
Arizona
$342K -$13.8K -200 -4%
CCA
854
Conservest Capital Advisors
Pennsylvania
$341K
AQR Capital Management
855
AQR Capital Management
Connecticut
$339K +$47.3K +685 +19%
CCM
856
Coldstream Capital Management
Washington
$339K +$35.8K +518 +14%
BFC
857
Bedel Financial Consulting
Indiana
$337K -$38.4K -556 -12%
NIWA
858
New Insight Wealth Advisors
California
$336K +$34.6K +501 +14%
CIA
859
Capital Investment Advisors
Georgia
$335K -$95.3K -1,380 -25%
FFM
860
Forum Financial Management
Illinois
$334K +$1.38K +20 +0.5%
NL
861
NWAM LLC
Washington
$333K -$28K -405 -9%
HIA
862
Harbor Investment Advisory
Maryland
$332K -$39.7K -575 -12%
FW
863
FullCircle Wealth
Texas
$332K +$287K +4,157 New
EWM
864
Evercore Wealth Management
New York
$332K
CAMG
865
CWA Asset Management Group
Florida
$331K +$286K +4,134 New
SAM
866
Secure Asset Management
Michigan
$330K +$69 +1 +0%
HGWM
867
Horst & Graben Wealth Management
Oregon
$329K
KMWM
868
Keudell/Morrison Wealth Management
Oregon
$329K +$41.6K +602 +17%
CWG
869
Cornerstone Wealth Group
North Carolina
$328K +$23.2K +336 +9%
MGIA
870
Moneta Group Investment Advisors
Missouri
$328K +$99.3K +1,438 +54%
ECM
871
EMC Capital Management
Texas
$327K +$343K +4,968 +199%
SIM
872
SRS Investment Management
New York
$326K
T
873
TOBAM
France
$325K +$19.8K +287 +11%
CMTU
874
Capital Markets Trading (UK)
United Kingdom
$321K -$392K -5,676 -59%
TIAM2
875
Tru Independence Asset Management 2
Oregon
$321K +$276K +4,000 New

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.