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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
Two Sigma Investments
151
Two Sigma Investments
New York
$18.6M -$57.6M -951,139 -74%
Allianz Asset Management
152
Allianz Asset Management
Germany
$18.3M -$7.55M -124,596 -27%
JGC
153
J. Goldman & Co
New York
$17.9M +$89.8K +1,482 +0.5%
Public Sector Pension Investment Board (PSP Investments)
154
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$17.1M -$29.7M -489,666 -61%
BC
155
BIT Capital
Germany
$16.7M -$7.47M -123,214 -29%
NEI
156
Northwest & Ethical Investments
Ontario, Canada
$16.5M -$975K -16,089 -5%
Stifel Financial
157
Stifel Financial
Missouri
$16.4M -$1.53M -25,294 -8%
IMCOOI
158
Investment Management Corp of Ontario (IMCO)
Canada
$16.1M
Creative Planning
159
Creative Planning
Kansas
$16.1M +$6.3M +103,960 +54%
CC
160
Cornerstone Capital
California
$15.8M +$1.76M +28,973 +11%
FDCDDQ
161
Federation des caisses Desjardins du Quebec
Quebec, Canada
$15.8M -$2.38M -39,276 -13%
LWM
162
Long Walk Management
Connecticut
$15.7M +$17.4M +287,500 New
Millennium Management
163
Millennium Management
New York
$15.6M -$46.1M -761,327 -73%
TWC
164
TD Waterhouse Canada
Ontario, Canada
$15.5M -$628K -10,369 -4%
CCA
165
Cobblestone Capital Advisors
New York
$15.3M -$144K -2,382 -0.8%
LFDLE
166
La Financiere de L'Echiquier
France
$15.3M
JMPWA
167
JP Morgan Private Wealth Advisors
California
$15.2M +$16.8M +277,994 New
CGPCS
168
Capital Group Private Client Services
California
$15.2M -$44.1K -728 -0.3%
Thrivent Financial for Lutherans
169
Thrivent Financial for Lutherans
Minnesota
$15.1M +$4.22M +69,569 +34%
GLCM
170
Greenlea Lane Capital Management
Connecticut
$14.3M
Cambridge Investment Research Advisors
171
Cambridge Investment Research Advisors
Iowa
$14.2M +$258K +4,261 +2%
GIP
172
Gavilan Investment Partners
California
$14.1M +$2.12M +35,000 +16%
FFN
173
Focus Financial Network
Minnesota
$14M -$351K -5,795 -2%
ET
174
Equitable Trust
Tennessee
$13.7M -$384K -6,339 -2%
Mariner
175
Mariner
Kansas
$13.2M +$501K +8,265 +4%

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.