We are live on ! Find out more
SHOP icon

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
DekaBank Deutsche Girozentrale
126
DekaBank Deutsche Girozentrale
Germany
$27.9M -$27.2M -448,617 -47%
HSBC Holdings
127
HSBC Holdings
United Kingdom
$27.8M +$865K +14,277 +3%
Point72 Asset Management
128
Point72 Asset Management
Connecticut
$27.6M -$62.8M -1,036,340 -67%
Citigroup
129
Citigroup
New York
$27.5M +$824K +13,595 +3%
TRSOTSOK
130
Teachers Retirement System of the State of Kentucky
Kentucky
$27M -$195K -3,218 -0.6%
SC
131
Scotia Capital
Ontario, Canada
$25.7M +$2.27M +37,474 +9%
OCAM
132
Onex Canada Asset Management
Ontario, Canada
$23.9M -$9.67M -159,631 -27%
NC
133
NZS Capital
Colorado
$23.7M -$158K -2,609 -0.6%
D.E. Shaw & Co
134
D.E. Shaw & Co
New York
$23.6M -$83.2M -1,373,390 -76%
Dimensional Fund Advisors
135
Dimensional Fund Advisors
Texas
$23.4M +$141K +2,329 +0.5%
CII
136
Capital International Inc
California
$23.2M +$3.26M +53,740 +14%
State Street
137
State Street
Massachusetts
$23.1M -$1.64M -27,146 -6%
PFM
138
Privium Fund Management
Netherlands
$22.6M
AAM
139
Advisors Asset Management
Colorado
$22.5M -$517K -8,539 -2%
RJFSA
140
Raymond James Financial Services Advisors
Florida
$21.5M -$1M -16,553 -4%
ASC
141
Atalanta Sosnoff Capital
New York
$21.3M +$16.9M +279,673 +254%
Zurich Cantonal Bank
142
Zurich Cantonal Bank
Switzerland
$21.3M +$431K +7,116 +2%
Commonwealth Equity Services
143
Commonwealth Equity Services
Massachusetts
$21M +$368K +6,066 +2%
HIM
144
Hillsdale Investment Management
Ontario, Canada
$20.7M +$7.38M +121,728 +47%
William Blair & Company
145
William Blair & Company
Illinois
$20.3M +$1.2M +19,817 +6%
CI Investments Inc
146
CI Investments Inc
Ontario, Canada
$20.2M -$10.9K -180 -0%
Royal London Asset Management
147
Royal London Asset Management
United Kingdom
$19M -$10.2M -167,762 -32%
HNB
148
Huntington National Bank
Ohio
$18.8M -$4.73K -78 -0%
NI
149
Nepsis Inc
Minnesota
$18.8M +$18.1K +299 +0.1%
ACM
150
Aquatic Capital Management
Illinois
$18.7M +$6.07M +100,200 +41%

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.