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Shopify

253 hedge funds and large institutions have $4.04B invested in Shopify in 2017 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 75 increasing their positions, 80 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 42

23% more capital invested

Capital invested by funds: $3.27B → $4.04B (+$761M)

16% more funds holding

Funds holding: 218253 (+35)

6% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 80

32.04% less ownership

Funds ownership: 622.42%590.38% (-32%)

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

74% less call options, than puts

Call options by funds: $92.7M | Put options by funds: $355M

Holders
253
Holders Change
+35
Holders Change %
+16.06%
% of All Funds
6.31%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.15%
New
78
Increased
75
Reduced
80
Closed
42
Calls
$92.7M
Puts
$355M
Net Calls
-$263M
Net Calls Change
-$211M
Name Holding Trade Value Shares
Change
Change in
Stake
IA
176
IFP Advisors
Florida
$400K +$282K +33,310 +261%
Barclays
177
Barclays
United Kingdom
$394K -$484K -57,200 -56%
SIC
178
Sigma Investment Counselors
Michigan
$391K
Wolverine Trading
179
Wolverine Trading
Illinois
$386K -$1.58M -186,900 -81%
PAG
180
Private Advisory Group
Washington
$382K +$13.9K +1,640 +4%
CCM
181
Cadence Capital Management
Massachusetts
$372K -$275K -32,500 -43%
Korea Investment Corp
182
Korea Investment Corp
South Korea
$364K +$355K +42,000 New
TI
183
Turner Investments
Pennsylvania
$337K -$1.62M -191,600 -83%
HFA
184
High Falls Advisors
New York
$322K +$313K +37,000 New
HighTower Advisors
185
HighTower Advisors
Illinois
$321K +$311K +36,820 New
FHA
186
Flagship Harbor Advisors
Massachusetts
$297K +$278K +32,850 New
VFA
187
Voya Financial Advisors
Connecticut
$291K +$284K +33,630 New
KeyBank National Association
188
KeyBank National Association
Ohio
$286K +$279K +32,950 New
UBS AM
189
UBS AM
Illinois
$278K +$271K +32,000 New
MML Investors Services
190
MML Investors Services
Massachusetts
$277K +$270K +31,890 New
NFG
191
Nadler Financial Group
Illinois
$264K +$2.37K +280 +0.9%
MWM
192
Meridian Wealth Management
Kentucky
$255K -$138K -16,280 -36%
P8IP
193
Pier 88 Investment Partners
California
$253K -$91.4K -10,800 -27%
AIM
194
ARK Investment Management
Florida
$242K +$236K +27,880 New
GCA
195
Gideon Capital Advisors
New York
$233K +$227K +26,790 New
JMPWA
196
JP Morgan Private Wealth Advisors
California
$223K +$217K +25,610 New
BL
197
BFSG LLC
California
$222K +$216K +25,560 New
QI
198
QS Investors
New York
$217K +$211K +25,000 New
TSS
199
Two Sigma Securities
New York
$214K +$208K +24,590 New
WS
200
Wedbush Securities
California
$212K +$207K +24,450 New

SHOP Hedge Fund Activity: Q2 2017 in Review

253 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q2 2017, worth a combined $4.04B — up 23% from $3.27B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new SHOP positions and 42 closed out — a net gain of 36 holders — while 75 added to existing stakes and 80 trimmed.

The largest buyer was Coatue Management, opening a new position worth an estimated $222M. The largest seller was Renaissance Technologies, cutting an estimated $88.9M.

  • 253 institutional investors held Shopify (SHOP) as of Q2 2017, up from 218 in Q1 2017.
  • Funds reported $4.04B of Shopify stock for Q2 2017, up 23% quarter-over-quarter.
  • 78 funds opened new Shopify positions in Q2 2017 and 42 closed out, a net change of +36 holders.
  • The largest Shopify buyer in Q2 2017 was Coatue Management, an estimated $222M added.
  • The largest Shopify seller in Q2 2017 was Renaissance Technologies, an estimated $88.9M sold.

Based on aggregated 13F filings for Q2 2017.