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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
QPBE
1026
Quintet Private Bank (Europe)
Luxembourg
$176K +$16.9K +245 +13%
AT
1027
Arlington Trust
Alabama
$174K +$2.07K +30 +1%
WPW
1028
Waldron Private Wealth
Pennsylvania
$173K +$149K +2,164 New
HNB
1029
Hilltop National Bank
Wyoming
$173K -$3.59K -52 -2%
VWM
1030
Valley Wealth Managers
New Jersey
$172K
JPWM
1031
Jamison Private Wealth Management
Georgia
$169K
FAM
1032
Flaharty Asset Management
Florida
$167K +$144K +2,090 New
CH
1033
Cromwell Holdings
Wyoming
$165K
KB
1034
Kimelman & Baird
New York
$160K
MPWT
1035
MassMutual Private Wealth & Trust
Connecticut
$159K +$8.91K +129 +7%
TFGT
1036
TS Financial Group (TSFG)
Illinois
$156K
AWM
1037
Abound Wealth Management
Tennessee
$149K +$3.31K +48 +3%
RA
1038
Ransom Advisory
Rhode Island
$148K +$41.4K +600 +48%
MA
1039
MCF Advisors
Kentucky
$147K
HCM
1040
Hollencrest Capital Management
California
$143K
EB
1041
Eastern Bank
Massachusetts
$143K +$124K +1,790 New
ME
1042
McIlrath & Eck
Washington
$140K -$177K -2,560 -59%
CA
1043
CoreCap Advisors
Michigan
$140K -$12.1K -175 -9%
IBOK
1044
Independence Bank of Kentucky
Kentucky
$140K +$121K +1,750 New
PCMC
1045
Planning Capital Management Corporation
Pennsylvania
$137K +$24K +348 +26%
BCWM
1046
Bartlett & Co Wealth Management
Ohio
$136K +$13.8K +200 +13%
AIM
1047
Acropolis Investment Management
Missouri
$136K +$117K +1,700 New
LWCFA
1048
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$135K +$2.76K +40 +2%
PP
1049
Paloma Partners
Connecticut
$133K +$115K +1,660 New
CFG
1050
CKW Financial Group
Hawaii
$128K

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.