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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
FWM
901
FFT Wealth Management
Pennsylvania
$297K
KHCM
902
Kirtland Hills Capital Management
Ohio
$296K +$19.8K +286 +8%
APP
903
Avantax Planning Partners
Iowa
$295K -$2.83K -41 -1%
PIA
904
Powell Investment Advisors
Florida
$291K
EL
905
EWA LLC
Pennsylvania
$291K +$184K +2,666 New
GAM
906
Gotham Asset Management
New York
$291K -$411K -5,946 -62%
BCMLT
907
Beacon Capital Management LLC (Tennessee)
Tennessee
$291K +$34.8K +504 +16%
TA
908
TFB Advisors
Kansas
$289K -$3.52K -51 -1%
MAM
909
Magellan Asset Management
Australia
$289K -$16.8K -243 -6%
ACM
910
Ashford Capital Management
Delaware
$289K
PFS
911
Prospect Financial Services
New York
$288K +$248K +3,591 New
PWPS
912
Pinnacle Wealth Planning Services
Ohio
$288K +$1.17K +17 +0.5%
TWM
913
TCFG Wealth Management
California
$287K +$248K +3,585 New
GT
914
Glenview Trust
Kentucky
$283K +$967 +14 +0.4%
DCM
915
DGS Capital Management
New Jersey
$283K +$31.8K +460 +15%
GIBU
916
Gulf International Bank (UK)
United Kingdom
$283K -$284K -4,109 -54%
DWT
917
Dorsey & Whitney Trust
South Dakota
$282K +$243K +3,525 New
RI
918
Ridgewood Investments
New Jersey
$281K -$93.2K -1,350 -28%
RCA
919
Resonant Capital Advisors
Wisconsin
$281K -$691 -10 -0.3%
CCWM
920
Cassaday & Co Wealth Management
Virginia
$274K -$9.81K -142 -4%
FHC
921
First Heartland Consultants
Missouri
$274K -$4.56K -66 -2%
FLPIM
922
F.L. Putnam Investment Management
Massachusetts
$274K -$33.4K -483 -12%
BBHC
923
Brown Brothers Harriman & Co
New York
$274K +$236K +3,418 New
PA
924
Pinnacle Associates
New York
$274K -$118K -1,710 -33%
BCM
925
Buckhead Capital Management
Georgia
$272K

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.