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Shopify

179 hedge funds and large institutions have $2.27B invested in Shopify in 2016 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 61 increasing their positions, 30 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

262% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 21

103% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 30

66% more capital invested

Capital invested by funds: $1.37B → $2.27B (+$898M)

44% more funds holding

Funds holding: 124179 (+55)

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

24.21% more ownership

Funds ownership: 695.99%720.2% (+24%)

54% less call options, than puts

Call options by funds: $16.3M | Put options by funds: $35.1M

Holders
179
Holders Change
+55
Holders Change %
+44.35%
% of All Funds
4.78%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.24%
New
76
Increased
61
Reduced
30
Closed
21
Calls
$16.3M
Puts
$35.1M
Net Calls
-$18.8M
Net Calls Change
-$21.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
126
Goldman Sachs
New York
$478K +$123K +32,150 +41%
LPL Financial
127
LPL Financial
California
$467K +$411K +107,630 New
SC
128
Scotia Capital
Ontario, Canada
$462K +$92.6K +24,250 +29%
MIM
129
Manitou Investment Management
Ontario, Canada
$442K -$221K -57,800 -36%
Jane Street
130
Jane Street
New York
$437K +$388K +101,710 New
BFM
131
Boothbay Fund Management
New York
$408K +$363K +95,030 New
BTS
132
BB&T Securities
Virginia
$384K +$342K +89,690 New
Janney Montgomery Scott
133
Janney Montgomery Scott
Pennsylvania
$380K +$338K +88,570 New
GC
134
Guggenheim Capital
Illinois
$373K +$332K +86,900 New
ClearBridge Investments
135
ClearBridge Investments
New York
$364K
VKH
136
Virtu KCG Holdings
New York
$363K +$323K +84,520 New
William Blair & Company
137
William Blair & Company
Illinois
$339K +$302K +79,000 New
Canada Life
138
Canada Life
Manitoba, Canada
$299K +$161K +42,260 +153%
SAM
139
Shell Asset Management
Netherlands
$279K +$142K +37,320 +305%
CSS
140
Cubist Systematic Strategies
Connecticut
$230K +$75.4K +19,760 +58%
Cambridge Investment Research Advisors
141
Cambridge Investment Research Advisors
Iowa
$222K +$198K +51,790 New
TI
142
Trexquant Investment
Connecticut
$218K +$195K +50,970 New
BIT
143
BlackRock Institutional Trust
California
$209K -$196K -51,450 -51%
Comerica Bank
144
Comerica Bank
Texas
$207K +$181K +47,430 New
New York State Common Retirement Fund
145
New York State Common Retirement Fund
New York
$203K +$181K +47,380 New
Citigroup
146
Citigroup
New York
$180K +$151K +39,500 +1,599%
Zurich Cantonal Bank
147
Zurich Cantonal Bank
Switzerland
$179K +$87K +22,800 +120%
Group One Trading
148
Group One Trading
Illinois
$172K +$114K +29,920 +293%
Legal & General Group
149
Legal & General Group
United Kingdom
$168K +$149K +39,060 New
Creative Planning
150
Creative Planning
Kansas
$163K +$76.8K +20,110 +112%

SHOP Hedge Fund Activity: Q3 2016 in Review

179 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2016, worth a combined $2.27B — up 66% from $1.37B a quarter earlier.

Buyers outnumbered sellers: 76 funds opened new SHOP positions and 21 closed out — a net gain of 55 holders — while 61 added to existing stakes and 30 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $66.4M. The largest seller was Insight Holdings Group, exiting entirely with an estimated $75.2M sold.

  • 179 institutional investors held Shopify (SHOP) as of Q3 2016, up from 124 in Q2 2016.
  • Funds reported $2.27B of Shopify stock for Q3 2016, up 66% quarter-over-quarter.
  • 76 funds opened new Shopify positions in Q3 2016 and 21 closed out, a net change of +55 holders.
  • The largest Shopify buyer in Q3 2016 was Fidelity Investments, an estimated $66.4M added.
  • The largest Shopify seller in Q3 2016 was Insight Holdings Group, an estimated $75.2M sold.

Based on aggregated 13F filings for Q3 2016.