Shopify
SHOP
943 hedge funds and large institutions have $72.3B invested in Shopify in 2020 Q3 according to their latest regulatory filings, with 161 funds opening new positions, 342 increasing their positions, 322 reducing their positions, and 90 closing their positions.
79% more first-time investments, than exits
New positions opened: 161 | Existing positions closed: 90
7% more funds holding
Funds holding: 878 → 943 (+65)
7% more capital invested
Capital invested by funds: $67.4B → $72.3B (+$4.88B)
6% more repeat investments, than reductions
Existing positions increased: 342 | Existing positions reduced: 322
10% less funds holding in top 10
Funds holding in top 10: 63 → 57 (-6)
17% less call options, than puts
Call options by funds: $5.63B | Put options by funds: $6.82B
18.38% less ownership
Funds ownership: 660.07% → 641.69% (-18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$838M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$312M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$275M |
| 4 |
Coatue Management
New York
|
+$271M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$228M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$1.42B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.36B |
| 3 |
Morgan Stanley
New York
|
-$415M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$288M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$179M |
SHOP Hedge Fund Activity: Q3 2020 in Review
943 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2020, worth a combined $72.3B — up 7.2% from $67.4B a quarter earlier.
Buyers outnumbered sellers: 161 funds opened new SHOP positions and 90 closed out — a net gain of 71 holders — while 342 added to existing stakes and 322 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $838M. The largest seller was WCM Investment Management, cutting an estimated $1.42B.
- 943 institutional investors held Shopify (SHOP) as of Q3 2020, up from 878 in Q2 2020.
- Funds reported $72.3B of Shopify stock for Q3 2020, up 7.2% quarter-over-quarter.
- 161 funds opened new Shopify positions in Q3 2020 and 90 closed out, a net change of +71 holders.
- The largest Shopify buyer in Q3 2020 was T. Rowe Price Associates, an estimated $838M added.
- The largest Shopify seller in Q3 2020 was WCM Investment Management, an estimated $1.42B sold.
Based on aggregated 13F filings for Q3 2020.