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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
SFCL
876
Strengthening Families & Communities LLC
Massachusetts
$319K -$11K -159 -4%
IAP
877
Indie Asset Partners
Indiana
$319K
RFC
878
Regions Financial Corp
Alabama
$318K -$69 -1 -0%
OIA
879
Optimum Investment Advisors
Illinois
$317K -$43.9K -635 -14%
VW
880
Vance Wealth
California
$317K +$273K +3,953 New
BFA
881
Bright Financial Advisors
Michigan
$315K
PCM
882
Parsons Capital Management
Rhode Island
$315K
GWANC
883
Guardian Wealth Advisors (North Carolina)
North Carolina
$314K -$18K -260 -6%
TI
884
Tidal Investments
Wisconsin
$313K -$318K -4,609 -54%
MMA
885
Miracle Mile Advisors
California
$312K
RRA
886
Round Rock Advisors
Connecticut
$311K
EAM
887
Empirical Asset Management
Massachusetts
$311K +$36.6K +530 +16%
AWE
888
Avidian Wealth Enterprises
Texas
$310K +$829 +12 +0.3%
NGA
889
Naples Global Advisors
Florida
$309K
AFP
890
Ausdal Financial Partners
Iowa
$308K -$53.3K -771 -17%
FCM
891
Fortis Capital Management
Washington
$306K -$3.73K -54 -1%
FA
892
Fountainhead AM
New Jersey
$304K -$2.76K -40 -1%
SWM
893
Sculati Wealth Management
Michigan
$303K
NRI
894
NFP Retirement Inc
California
$302K
PFPT
895
Pinnacle Financial Partners (Tennessee)
Tennessee
$301K +$187K +2,708 +258%
GT
896
Greenleaf Trust
Michigan
$301K +$259K +3,755 New
GWM
897
Geneos Wealth Management
Colorado
$301K -$334K -4,841 -56%
RFP
898
Root Financial Partners
California
$300K +$259K +3,747 New
AA
899
Alta Advisers
United Kingdom
$300K +$258K +3,741 New
LA
900
Latitude Advisors
Florida
$299K -$159K -2,300 -38%

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.