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253 hedge funds and large institutions have $4.04B invested in Shopify in 2017 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 75 increasing their positions, 80 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 42

23% more capital invested

Capital invested by funds: $3.27B → $4.04B (+$761M)

16% more funds holding

Funds holding: 218253 (+35)

6% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 80

32.04% less ownership

Funds ownership: 622.42%590.38% (-32%)

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

74% less call options, than puts

Call options by funds: $92.7M | Put options by funds: $355M

Holders
253
Holders Change
+35
Holders Change %
+16.06%
% of All Funds
6.31%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.15%
New
78
Increased
75
Reduced
80
Closed
42
Calls
$92.7M
Puts
$355M
Net Calls
-$263M
Net Calls Change
-$211M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
76
Legal & General Group
United Kingdom
$5.61M +$4.91M +580,580 +879%
New York State Common Retirement Fund
77
New York State Common Retirement Fund
New York
$5.55M +$5.13M +606,810 +1,876%
RA
78
Royce & Associates
New York
$4.87M -$1.86M -220,000 -28%
PG
79
PEAK6 Group
Illinois
$4.74M +$784K +92,740 +20%
FDCDDQ
80
Federation des caisses Desjardins du Quebec
Quebec, Canada
$4.74M -$172K -20,390 -4%
Ameriprise
81
Ameriprise
Minnesota
$4.45M -$5.04M -596,090 -54%
Susquehanna International Group
82
Susquehanna International Group
Pennsylvania
$4.2M +$4.09M +483,420 New
Canada Life
83
Canada Life
Manitoba, Canada
$4.16M +$2.15M +254,620 +113%
State of Tennessee, Department of Treasury
84
State of Tennessee, Department of Treasury
Tennessee
$4.06M +$46.5K +5,500 +1%
JCP
85
Jabre Capital Partners
Switzerland
$3.95M +$3.85M +455,000 New
SB
86
Suntrust Banks
Georgia
$3.8M -$274K -32,370 -7%
TGHSA
87
TPG Group Holdings (SBS) Advisors
Texas
$3.63M +$3.53M +417,770 New
OC
88
Oppenheimer & Co
New York
$3.47M +$714K +84,370 +27%
HNB
89
Huntington National Bank
Ohio
$3.24M +$1.2M +142,200 +62%
Jane Street
90
Jane Street
New York
$3.23M +$1.44M +170,480 +85%
CCS
91
Crosspoint Capital Strategies
California
$3.22M +$3.13M +370,210 New
SSA
92
Schonfeld Strategic Advisors
New York
$3.04M +$2.96M +350,000 New
APC
93
Alta Park Capital
California
$3.02M -$2.13M -252,000 -42%
ACM
94
Atika Capital Management
New York
$2.96M -$508K -60,000 -15%
LPL Financial
95
LPL Financial
California
$2.94M +$420K +49,690 +17%
Northern Trust
96
Northern Trust
Illinois
$2.76M -$107K -12,630 -4%
SAM
97
Shell Asset Management
Netherlands
$2.64M +$1.33M +157,120 +203%
MWVC
98
Morgens Waterfall Vintiadis & Co
New York
$2.61M +$2.54M +300,000 New
T
99
TOBAM
France
$2.44M -$1.29M -153,080 -35%
State of New Jersey Common Pension Fund D
100
State of New Jersey Common Pension Fund D
New Jersey
$2.3M -$166K -19,610 -7%

SHOP Hedge Fund Activity: Q2 2017 in Review

253 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q2 2017, worth a combined $4.04B — up 23% from $3.27B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new SHOP positions and 42 closed out — a net gain of 36 holders — while 75 added to existing stakes and 80 trimmed.

The largest buyer was Coatue Management, opening a new position worth an estimated $222M. The largest seller was Renaissance Technologies, cutting an estimated $88.9M.

  • 253 institutional investors held Shopify (SHOP) as of Q2 2017, up from 218 in Q1 2017.
  • Funds reported $4.04B of Shopify stock for Q2 2017, up 23% quarter-over-quarter.
  • 78 funds opened new Shopify positions in Q2 2017 and 42 closed out, a net change of +36 holders.
  • The largest Shopify buyer in Q2 2017 was Coatue Management, an estimated $222M added.
  • The largest Shopify seller in Q2 2017 was Renaissance Technologies, an estimated $88.9M sold.

Based on aggregated 13F filings for Q2 2017.