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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
DF
1201
Dunhill Financial
United Kingdom
$6.41K -$4.14K -60 -43%
CMBA
1202
C.M. Bidwell & Associates
Hawaii
$6.41K
GWSA
1203
Global Wealth Strategies & Associates
Colorado
$6.41K +$5.53K +80 New
WT
1204
Washington Trust
Rhode Island
$6.09K
AA
1205
AlphaMark Advisors
Kentucky
$6K -$18K -260 -78%
FGA
1206
Fortis Group Advisors
New Jersey
$5.61K
CWA
1207
Carolina Wealth Advisors
South Carolina
$5.53K +$4.77K +69 New
CT
1208
Clearstead Trust
Maine
$4.97K
FC
1209
Fairscale Capital
New Hampshire
$4.81K -$6.91K -100 -63%
BGAI
1210
Bruce G. Allen Investments
Colorado
$4.25K
BMC
1211
Bear Mountain Capital
Washington
$4.1K
CFS
1212
CGC Financial Services
Oregon
$4.01K
LG
1213
LAM Group
Oregon
$4.01K
MTIC
1214
Missouri Trust & Investment Company
Missouri
$4.01K
TVWM
1215
Tower View Wealth Management
Wisconsin
$4.01K
EC
1216
Elequin Capital
New York
$3.53K +$3.04K +44 New
FFA
1217
Frazier Financial Advisors
Ohio
$3.45K -$2.07K -30 -41%
ACA
1218
American Capital Advisory
Idaho
$3.21K
AP
1219
Atwood & Palmer
Missouri
$3.21K
CSC
1220
Caldwell Sutter Capital
California
$3.21K
NB
1221
NBT Bank
New York
$3.21K
TIM
1222
Thompson Investment Management
Wisconsin
$3.21K
TC
1223
Trust Company
Kansas
$3.13K +$2.69K +39 New
VNA
1224
Valley National Advisers
Pennsylvania
$3K -$76.7K -1,111 -96%
RFS
1225
Richardson Financial Services
Massachusetts
$2.78K +$1.31K +19 +100%

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.