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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
FM
1001
Family Management
New York
$212K +$183K +2,651 New
KP
1002
Keel Point
Alabama
$212K +$183K +2,645 New
CA
1003
Calton & Associates
Florida
$210K +$181K +2,622 New
NWMG
1004
National Wealth Management Group
Ohio
$210K -$46.1K -668 -20%
BSTWA
1005
Blake Schutter Theil Wealth Advisors
Ohio
$209K +$180K +2,602 New
SBWIC
1006
Schaper Benz & Wise Investment Counsel
Wisconsin
$208K +$179K +2,590 New
MW
1007
MBL Wealth
North Carolina
$207K +$179K +2,586 New
WCM
1008
Washburn Capital Management
Florida
$207K -$87K -1,260 -33%
WE
1009
Wealth Effects
Massachusetts
$206K +$178K +2,575 New
AA
1010
Apriem Advisors
California
$205K +$177K +2,560 New
DFA
1011
Davies Financial Advisors
California
$204K +$176K +2,543 New
ZB
1012
Zions Bancorporation
Utah
$203K +$153K +2,211 +678%
T
1013
TrueFG
Texas
$201K +$173K +2,510 New
T
1014
Tidemark
California
$201K +$1.1K +16 +0.6%
LSAG
1015
Lake Street Advisors Group
New Hampshire
$201K +$173K +2,502 New
HFAS
1016
Hummer Financial Advisory Services
Illinois
$200K +$173K +2,500 New
MWM
1017
Mindset Wealth Management
Indiana
$200K +$173K +2,500 New
SAM
1018
SP Asset Management
California
$200K +$173K +2,500 New
UID
1019
Union Investments & Development
Israel
$200K +$173K +2,500 New
SC
1020
SouthState Corp
Florida
$192K
JFGIW
1021
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$186K -$20.7K -300 -11%
ADL
1022
Asset Dedication LLC
California
$186K -$6.22K -90 -4%
WTC
1023
WhitTier Trust Company
Nevada
$186K +$44K +637 +38%
BP
1024
BNP Paribas
France
$180K
Daiwa Securities Group
1025
Daiwa Securities Group
Japan
$180K -$1.33M -19,289 -90%

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.