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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
DCM
1151
Donaldson Capital Management
Indiana
-$227K -3,513 Closed
IEFM
1152
IQ EQ Fund Management
Ireland
-$226K -3,493 Closed
USCWA
1153
U.S. Capital Wealth Advisors
Texas
-$224K -3,475 Closed
MA
1154
MONECO Advisors
Connecticut
-$224K -3,460 Closed
GA
1155
Greytown Advisors
Florida
-$223K -3,454 Closed
DS
1156
DRW Securities
Illinois
-$223K -3,447 Closed
CIEP
1157
Constellation Investimentos e Participacoes
Brazil
-$222K -3,435 Closed
SIA
1158
Soltis Investment Advisors
Utah
-$222K -3,430 Closed
SLWA
1159
San Luis Wealth Advisors
California
-$220K -3,411 Closed
NGA
1160
Naples Global Advisors
Florida
-$220K -3,403 Closed
NL
1161
NWAM LLC
Washington
-$216K -3,342 Closed
WAM
1162
WNY Asset Management
New York
-$216K -3,340 Closed
MWM
1163
Modera Wealth Management
New Jersey
-$215K -3,334 Closed
RBFC
1164
Roman Butler Fullerton & Co
Missouri
-$227K -3,330 Closed
CWMGP
1165
Capstone Wealth Management Group (Pennsylvania)
Pennsylvania
-$214K -3,320 Closed
KLCM
1166
KG&L Capital Management
Louisiana
-$212K -3,280 Closed
MW
1167
MBL Wealth
North Carolina
-$212K -3,280 Closed
CFG
1168
Citizens Financial Group
Rhode Island
-$211K -3,271 Closed
CPA
1169
Cardiff Park Advisors
California
-$210K -3,258 Closed
ZIM
1170
Zacks Investment Management
Illinois
-$210K -3,243 Closed
BL
1171
Balentine LLC
Georgia
-$209K -3,238 Closed
B
1172
Bridgeworth
Alabama
-$209K -3,233 Closed
BCG
1173
Breakwater Capital Group
New Jersey
-$208K -3,224 Closed
CPRC
1174
Consolidated Portfolio Review Corp
New York
-$208K -3,220 Closed
TA
1175
TFB Advisors
Kansas
-$206K -3,192 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.