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Shopify

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
State of Wisconsin Investment Board
151
State of Wisconsin Investment Board
Wisconsin
$511K
BM
152
Brandywine Managers
Delaware
$486K
William Blair & Company
153
William Blair & Company
Illinois
$465K -$14.4K -2,500 -3%
Legal & General Group
154
Legal & General Group
United Kingdom
$450K +$155K +27,000 +69%
MS
155
Maven Securities
Jersey
$416K +$352K +61,080 New
Squarepoint
156
Squarepoint
New York
$364K +$308K +53,520 New
CSS
157
Cubist Systematic Strategies
Connecticut
$363K +$290K +50,300 +1,666%
LTFS
158
Ladenburg Thalmann Financial Services
Florida
$356K +$50.4K +8,760 +19%
FAM
159
Foresters Asset Management
Ontario, Canada
$345K +$40.3K +7,000 +23%
M&T Bank
160
M&T Bank
New York
$328K -$107K -18,660 -28%
Comerica Bank
161
Comerica Bank
Texas
$327K +$257K +44,690 New
CG
162
Cutler Group
California
$321K +$37.8K +6,570 +16%
MWM
163
Meridian Wealth Management
Kentucky
$311K +$263K +45,610 New
SIC
164
Sigma Investment Counselors
Michigan
$306K +$259K +45,000 New
Zurich Cantonal Bank
165
Zurich Cantonal Bank
Switzerland
$300K
PAG
166
Private Advisory Group
Washington
$288K -$106K -18,420 -30%
P8IP
167
Pier 88 Investment Partners
California
$272K -$202K -35,120 -47%
CA
168
Callahan Advisors
Texas
$270K +$228K +39,660 New
FA
169
FDx Advisors
Illinois
$262K +$222K +38,550 New
ARMT
170
Amica Retiree Medical Trust
Rhode Island
$252K
AG
171
Advisor Group
Arizona
$245K -$8.64K -1,500 -4%
HSBC Holdings
172
HSBC Holdings
United Kingdom
$238K +$202K +35,000 New
TRCT
173
Tower Research Capital (TRC)
New York
$230K +$117K +20,320 +150%
HCM
174
Hilton Capital Management
New York
$229K +$194K +33,660 New
PCM
175
Penserra Capital Management
California
$224K +$82.4K +14,300 +76%

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.