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218 hedge funds and large institutions have $3.27B invested in Shopify in 2017 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 51 increasing their positions, 79 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 26

52% more capital invested

Capital invested by funds: $2.16B → $3.27B (+$1.11B)

18% more funds holding

Funds holding: 184218 (+34)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

35% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 79

40.46% less ownership

Funds ownership: 662.88%622.42% (-40%)

49% less call options, than puts

Call options by funds: $53.6M | Put options by funds: $105M

Holders
218
Holders Change
+34
Holders Change %
+18.48%
% of All Funds
5.43%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.25%
New
65
Increased
51
Reduced
79
Closed
26
Calls
$53.6M
Puts
$105M
Net Calls
-$51.7M
Net Calls Change
-$38.4M
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
101
LPL Financial
California
$1.99M +$977K +169,680 +143%
State of New Jersey Common Pension Fund D
102
State of New Jersey Common Pension Fund D
New Jersey
$1.94M -$431K -74,920 -21%
Ohio Public Employees Retirement System (OPERS)
103
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.78M -$414K -71,960 -22%
RJFSA
104
Raymond James Financial Services Advisors
Florida
$1.75M -$1.32M -229,860 -47%
NEI
105
Northwest & Ethical Investments
Ontario, Canada
$1.72M +$1.53M +265,460 New
DM
106
Diker Management
New York
$1.7M -$259K -45,000 -15%
PPA
107
Parametric Portfolio Associates
Washington
$1.67M +$482K +83,610 +52%
APFBOT
108
Amica Pension Fund Board of Trustees
Rhode Island
$1.63M
Wolverine Trading
109
Wolverine Trading
Illinois
$1.6M -$718K -124,730 -35%
TI
110
Turner Investments
Pennsylvania
$1.57M -$4.77M -829,000 -78%
HNB
111
Huntington National Bank
Ohio
$1.57M
Canada Life
112
Canada Life
Manitoba, Canada
$1.54M +$898K +156,000 +223%
BCM
113
BlueCrest Capital Management
Jersey
$1.42M +$1.2M +208,500 New
Franklin Resources
114
Franklin Resources
California
$1.38M +$1.16M +202,000 New
Jane Street
115
Jane Street
New York
$1.37M -$2.28M -396,240 -66%
IGIM
116
I.G. Investment Management
Manitoba, Canada
$1.36M -$3.24M -562,000 -74%
BA
117
BKS Advisors
Michigan
$1.35M +$1.15M +199,000 New
TAM
118
Tocqueville Asset Management
New York
$1.28M
SC
119
Scotia Capital
Ontario, Canada
$1.16M +$188K +32,730 +24%
USAA
120
United Services Automobile Association
Texas
$1.13M -$392K -68,000 -29%
1CM
121
1492 Capital Management
Wisconsin
$1.13M
VKH
122
Virtu KCG Holdings
New York
$1.12M +$949K +164,820 New
BBP
123
Banco BTG Pactual
Brazil
$1.12M +$945K +164,040 New
D.E. Shaw & Co
124
D.E. Shaw & Co
New York
$1.11M +$939K +163,000 New
SEC
125
Seven Eight Capital
New York
$1.06M +$898K +156,000 New

SHOP Hedge Fund Activity: Q1 2017 in Review

218 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q1 2017, worth a combined $3.27B — up 52% from $2.16B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new SHOP positions and 26 closed out — a net gain of 39 holders — while 51 added to existing stakes and 79 trimmed.

The largest buyer was Sands Capital Management, opening a new position worth an estimated $221M. The largest seller was Abdiel Capital Advisors, cutting an estimated $61M.

  • 218 institutional investors held Shopify (SHOP) as of Q1 2017, up from 184 in Q4 2016.
  • Funds reported $3.27B of Shopify stock for Q1 2017, up 52% quarter-over-quarter.
  • 65 funds opened new Shopify positions in Q1 2017 and 26 closed out, a net change of +39 holders.
  • The largest Shopify buyer in Q1 2017 was Sands Capital Management, an estimated $221M added.
  • The largest Shopify seller in Q1 2017 was Abdiel Capital Advisors, an estimated $61M sold.

Based on aggregated 13F filings for Q1 2017.