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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
Asset Management One
176
Asset Management One
Japan
$221K -$15.3K -2,660 -8%
KA
177
Kovack Advisors
Florida
$221K +$187K +32,450 New
New York State Common Retirement Fund
178
New York State Common Retirement Fund
New York
$220K -$196K -34,100 -51%
Invesco
179
Invesco
Georgia
$218K +$184K +32,020 New
GC
180
Guggenheim Capital
Illinois
$216K -$174K -30,200 -49%
NFG
181
Nadler Financial Group
Illinois
$205K +$173K +30,050 New
IPC
182
Independent Portfolio Consultants
Florida
$205K +$174K +30,150 New
SFM
183
Soros Fund Management
New York
$204K +$173K +30,000 New
FMA
184
FNY Managed Accounts
New York
$136K +$115K +20,000 New
SG Americas Securities
185
SG Americas Securities
New York
$116K +$97.9K +17,000 New
Toronto Dominion Bank
186
Toronto Dominion Bank
Ontario, Canada
$111K +$56K +9,730 +148%
FPF
187
FNY Partners Fund
New York
$102K +$86.4K +15,000 New
Envestnet Asset Management
188
Envestnet Asset Management
Illinois
$98K +$3.97K +690 +5%
PCP
189
Proficio Capital Partners
Massachusetts
$91K +$57.6K +10,000 New
DBT
190
Dubuque Bank & Trust
Iowa
$91K +$77.2K +13,400 New
IA
191
IFP Advisors
Florida
$87K -$60.6K -10,530 -45%
SA
192
SpiderRock Advisors
Delaware
$86K
BNP Paribas Financial Markets
193
BNP Paribas Financial Markets
France
$77.9K +$65.9K +11,440 New
ASN
194
Advisory Services Network
Georgia
$76K +$64.6K +11,220 New
SIAP
195
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$68K -$57.6K -10,000 -50%
AIM
196
Arcadia Investment Management
Michigan
$61K +$51.3K +8,910 New
NFG
197
Next Financial Group
Texas
$60K -$83K -14,420 -65%
RFA
198
Reilly Financial Advisors
California
$48K
LWM
199
LBA Wealth Management
Florida
$48K +$40.3K +7,000 New
DADC
200
D.A. Davidson & Co
Montana
$47K +$25.5K +4,420 +177%

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.