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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
RWM
1051
Reston Wealth Management
Virginia
$128K +$110K +1,597 New
RA
1052
Rise Advisors
New York
$125K
GG
1053
Gleason Group
Kentucky
$124K -$5.32K -77 -5%
WTA
1054
Washington Trust Advisors
Massachusetts
$124K +$45.1K +653 +73%
PP
1055
PFS Partners
New Jersey
$122K
PP
1056
Pacifica Partners
Canada
$120K
1IA
1057
1620 Investment Advisors
Massachusetts
$118K +$1.24K +18 +1%
FNWA
1058
Financial Network Wealth Advisors
Utah
$117K +$29.5K +427 +42%
TFIPS
1059
Towarzystwo Funduszy Inwestycyjnych PZU SA
$116K
MME
1060
Meag Munich Ergo
Germany
$113K
TIM
1061
Tortoise Investment Management
New York
$112K
RAM
1062
Ramirez Asset Management
New York
$112K +$6.91K +100 +8%
AW
1063
Avion Wealth
Texas
$112K
PIS
1064
POM Investment Strategies
North Carolina
$111K
PCWA
1065
Pacific Capital Wealth Advisors
California
$111K -$8.91K -129 -9%
CFO
1066
CVA Family Office
Colorado
$109K +$9.88K +143 +12%
BONH
1067
Bank of New Hampshire
New Hampshire
$104K
CF
1068
Centaurus Financial
California
$104K +$89.5K +1,296 New
HWA
1069
HHM Wealth Advisors
Tennessee
$101K
FCM
1070
Fourpath Capital Management
Oklahoma
$97.9K +$84.3K +1,221 New
PMFA
1071
Plante Moran Financial Advisors
Michigan
$96.6K -$3.52K -51 -4%
POIA
1072
Pin Oak Investment Advisors
Texas
$94K +$20.4K +296 +33%
SWM
1073
Sugarloaf Wealth Management
Georgia
$89.8K
OSNBOA
1074
Old Second National Bank of Aurora
Illinois
$89K
LI
1075
LRI Investments
Florida
$88.3K -$27K -391 -33%

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.