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Shopify

1,076 hedge funds and large institutions have $42.6B invested in Shopify in 2023 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 391 increasing their positions, 379 reducing their positions, and 135 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 391 | Existing positions reduced: 379

1% less call options, than puts

Call options by funds: $1.95B | Put options by funds: $1.97B

0.73% less ownership

Funds ownership: 65.28%64.55% (-0.73%)

4% less funds holding

Funds holding: 1,1241,076 (-48)

16% less capital invested

Capital invested by funds: $50.6B → $42.6B (-$8.02B)

25% less funds holding in top 10

Funds holding in top 10: 4433 (-11)

29% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 135

Holders
1,076
Holders Change
-48
Holders Change %
-4.27%
% of All Funds
17.08%
Holding in Top 10
33
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-25%
% of All Funds
0.52%
New
96
Increased
391
Reduced
379
Closed
135
Calls
$1.95B
Puts
$1.97B
Net Calls
-$13.2M
Net Calls Change
+$389M
Name Holding Trade Value Shares
Change
Change in
Stake
VIA
1101
Vident Investment Advisory
Georgia
-$1.81M -27,957 Closed
WA
1102
WP Advisors
California
-$1.69M -26,108 Closed
LSA
1103
L & S Advisors
California
-$1.17M -18,070 Closed
IMC Chicago
1104
IMC Chicago
Illinois
-$953K -15,730 Closed
BFM
1105
Boothbay Fund Management
New York
-$1M -15,500 Closed
GCM
1106
Graham Capital Management
Connecticut
-$1M -15,500 Closed
FRM
1107
Fox Run Management
Connecticut
-$991K -15,343 Closed
NFAM
1108
North Fourth Asset Management
New Jersey
-$969K -15,000 Closed
E
1109
Ergoteles
New York
-$891K -13,790 Closed
WMSA
1110
Weiss Multi-Strategy Advisers
New York
-$883K -13,665 Closed
HFRG
1111
Houlihan Financial Resource Group
Virginia
-$747K -13,211 Closed
CWP
1112
CFM Wealth Partners
Texas
-$845K -13,074 Closed
JWCA
1113
J.W. Cole Advisors
Florida
-$828K -12,822 Closed
AWA
1114
Arete Wealth Advisors
Illinois
-$811K -12,554 Closed
HT
1115
Headlands Technologies
Illinois
-$759K -11,751 Closed
MAM
1116
Morse Asset Management
Connecticut
-$672K -10,399 Closed
VWA
1117
V Wealth Advisors
Kansas
-$652K -10,090 Closed
CC
1118
Cipher Capital
New York
-$617K -9,552 Closed
GP
1119
Geneva Partners
Wisconsin
-$598K -9,250 Closed
CW
1120
CreativeOne Wealth
Kansas
-$491K -7,596 Closed
JFG
1121
Jefferies Financial Group
New York
-$465K -7,200 Closed
EAM
1122
Eschler Asset Management
United Kingdom
-$463K -7,161 Closed
CIA
1123
Cladis Investment Advisory
Montana
-$404K -6,250 Closed
WAM
1124
WT Asset Management
Hong Kong
-$396K -6,125 Closed
RWP
1125
Revolve Wealth Partners
New Jersey
-$387K -5,993 Closed

SHOP Hedge Fund Activity: Q3 2023 in Review

1,076 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2023, worth a combined $42.6B — down 16% from $50.6B a quarter earlier.

Sellers outnumbered buyers: 135 funds closed out of SHOP and 96 opened new positions — a net loss of 39 holders — while 379 trimmed existing stakes and 391 added.

The largest buyer was JP Morgan Chase, adding an estimated $359M. The largest seller was Bank of Nova Scotia, cutting an estimated $367M.

  • 1,076 institutional investors held Shopify (SHOP) as of Q3 2023, down from 1,124 in Q2 2023.
  • Funds reported $42.6B of Shopify stock for Q3 2023, down 16% quarter-over-quarter.
  • 96 funds opened new Shopify positions in Q3 2023 and 135 closed out, a net change of -39 holders.
  • The largest Shopify buyer in Q3 2023 was JP Morgan Chase, an estimated $359M added.
  • The largest Shopify seller in Q3 2023 was Bank of Nova Scotia, an estimated $367M sold.

Based on aggregated 13F filings for Q3 2023.