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218 hedge funds and large institutions have $3.27B invested in Shopify in 2017 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 51 increasing their positions, 79 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 26

52% more capital invested

Capital invested by funds: $2.16B → $3.27B (+$1.11B)

18% more funds holding

Funds holding: 184218 (+34)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

35% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 79

40.46% less ownership

Funds ownership: 662.88%622.42% (-40%)

49% less call options, than puts

Call options by funds: $53.6M | Put options by funds: $105M

Holders
218
Holders Change
+34
Holders Change %
+18.48%
% of All Funds
5.43%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.25%
New
65
Increased
51
Reduced
79
Closed
26
Calls
$53.6M
Puts
$105M
Net Calls
-$51.7M
Net Calls Change
-$38.4M
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
76
Raymond James & Associates
Florida
$4.02M +$959K +166,470 +39%
LP
77
LMR Partners
United Kingdom
$3.88M +$3.28M +570,390 New
FDCDDQ
78
Federation des caisses Desjardins du Quebec
Quebec, Canada
$3.86M +$3.27M +567,570 New
Bank of America
79
Bank of America
North Carolina
$3.79M +$1.22M +212,050 +62%
Macquarie Group
80
Macquarie Group
Australia
$3.63M -$1.34M -232,190 -30%
NFA
81
Nationwide Fund Advisors
Ohio
$3.58M -$4.4M -764,800 -59%
CS
82
Credit Suisse
Switzerland
$3.55M +$407K +70,700 +16%
SB
83
Suntrust Banks
Georgia
$3.2M +$785K +136,390 +41%
State of Tennessee, Department of Treasury
84
State of Tennessee, Department of Treasury
Tennessee
$3.14M -$320K -55,640 -11%
TCM
85
Timpani Capital Management
Wisconsin
$3.14M +$2.66M +461,630 New
PG
86
PEAK6 Group
Illinois
$3.08M +$2.61M +453,140 New
Wells Fargo
87
Wells Fargo
California
$2.96M -$43.1M -7,478,390 -95%
T
88
TOBAM
France
$2.96M -$541K -94,000 -18%
Stifel Financial
89
Stifel Financial
Missouri
$2.81M +$274K +47,580 +13%
ICRM
90
Insight Capital Research & Management
California
$2.73M +$1.35M +234,170 +140%
ACM
91
Atika Capital Management
New York
$2.72M +$2.3M +400,000 New
SCM
92
Stevens Capital Management
Pennsylvania
$2.67M +$2.26M +391,890 New
AR
93
Advisory Research
Illinois
$2.59M -$129K -22,330 -6%
Vanguard Group
94
Vanguard Group
Pennsylvania
$2.46M +$261K +45,370 +14%
Millennium Management
95
Millennium Management
New York
$2.35M +$1.99M +344,950 New
Northern Trust
96
Northern Trust
Illinois
$2.25M +$146K +25,360 +8%
GP
97
GLG Partners
United Kingdom
$2.25M +$1.9M +330,050 New
AMI
98
Amica Mutual Insurance
Rhode Island
$2.21M
OC
99
Oppenheimer & Co
New York
$2.15M +$1.82M +315,220 New
WMSA
100
Weiss Multi-Strategy Advisers
New York
$2.04M +$1.73M +300,000 New

SHOP Hedge Fund Activity: Q1 2017 in Review

218 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q1 2017, worth a combined $3.27B — up 52% from $2.16B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new SHOP positions and 26 closed out — a net gain of 39 holders — while 51 added to existing stakes and 79 trimmed.

The largest buyer was Sands Capital Management, opening a new position worth an estimated $221M. The largest seller was Abdiel Capital Advisors, cutting an estimated $61M.

  • 218 institutional investors held Shopify (SHOP) as of Q1 2017, up from 184 in Q4 2016.
  • Funds reported $3.27B of Shopify stock for Q1 2017, up 52% quarter-over-quarter.
  • 65 funds opened new Shopify positions in Q1 2017 and 26 closed out, a net change of +39 holders.
  • The largest Shopify buyer in Q1 2017 was Sands Capital Management, an estimated $221M added.
  • The largest Shopify seller in Q1 2017 was Abdiel Capital Advisors, an estimated $61M sold.

Based on aggregated 13F filings for Q1 2017.