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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
GFPC
926
Global Financial Private Client
Florida
$270K +$45.5K +659 +24%
WPC
927
Wedmont Private Capital
Pennsylvania
$269K +$230K +3,327 New
PFWA
928
Paces Ferry Wealth Advisors
Georgia
$267K -$8.63K -125 -4%
TWM
929
Trueblood Wealth Management
Ohio
$267K
AWM
930
Accurate Wealth Management
Florida
$267K -$2.14K -31 -0.9%
SSA
931
Schonfeld Strategic Advisors
New York
$264K -$22.9M -331,193 -99%
FAM
932
Formidable Asset Management
Ohio
$264K +$2K +29 +0.9%
FSA
933
Fort Sheridan Advisors
Illinois
$264K +$5.66K +82 +3%
WAM
934
Worth Asset Management
Texas
$263K +$1.73K +25 +0.8%
APW
935
Acima Private Wealth
Virginia
$261K -$8.08K -117 -3%
RWA
936
Redhawk Wealth Advisors
Minnesota
$261K -$2.9K -42 -1%
LCWP
937
Legacy Capital Wealth Partners
Arkansas
$260K +$224K +3,248 New
FFA
938
First Foundation Advisors
California
$260K +$155K +2,239 +224%
AAP
939
Arax Advisory Partners
Colorado
$259K +$14.4K +209 +7%
CWM
940
Compass Wealth Management
Connecticut
$256K -$92.5K -1,340 -30%
JWBC
941
J.W. Burns & Co
New York
$256K
YDMI
942
Y.D. More Investments
Israel
$256K -$94.1K -1,363 -26%
VHAM
943
Van Hulzen Asset Management
California
$255K +$6.84K +99 +3%
AWP
944
Ascent Wealth Partners
New York
$255K +$3.59K +52 +2%
TWM
945
Tradition Wealth Management
Minnesota
$254K +$3.04K +44 +1%
FC
946
Forte Capital
New York
$253K +$2K +29 +0.9%
IAMOG
947
Investors Asset Management of Georgia
Georgia
$252K
LA
948
LVW Advisors
New York
$252K -$24.2K -351 -10%
BCV
949
Banque Cantonale Vaudoise
Switzerland
$252K -$12.2K -176 -5%
FAFN
950
First Affirmative Financial Network
Colorado
$251K -$5.73K -83 -3%

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.