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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
SPC
176
Stony Point Capital
New York
$13.2M +$183K +3,027 +1%
BNP Paribas Financial Markets
177
BNP Paribas Financial Markets
France
$13.1M -$4.14M -68,295 -22%
VEPM
178
Vista Equity Partners Management
California
$12.9M -$5.74M -94,717 -29%
Kayne Anderson Rudnick Investment Management
179
Kayne Anderson Rudnick Investment Management
California
$12.9M -$733K -12,105 -5%
FAF
180
Första AP-fonden
Sweden
$12.7M +$54.5K +900 +0.4%
Principal Financial Group
181
Principal Financial Group
Iowa
$12.5M +$1.11M +18,302 +9%
IMPI
182
Ilmarinen Mutual Pension Insurance
Finland
$12.4M
FAM
183
Fred Alger Management
New York
$12.3M -$5M -82,513 -27%
PL
184
Perpetual Ltd
Australia
$12M -$1.44M -23,698 -10%
GW
185
GW & Wade
Massachusetts
$12M +$4.17M +68,873 +46%
TSW
186
Thompson Siegel & Walmsley
Virginia
$11.9M
Axa
187
Axa
France
$11.8M -$388K -6,409 -3%
AWM
188
AE Wealth Management
Kansas
$11.6M +$484K +7,996 +4%
Rockefeller Capital Management
189
Rockefeller Capital Management
New York
$11.6M -$44K -727 -0.3%
GCC
190
Guardian Capital (Canada)
Ontario, Canada
$11.4M -$6.74M -111,257 -35%
CIS
191
Capital International Sarl
California
$11.3M +$3.15M +51,973 +33%
Renaissance Technologies
192
Renaissance Technologies
New York
$11.2M +$5.88M +97,000 +91%
JCM
193
JS Capital Management
New York
$10.9M -$19.4M -320,000 -62%
Robeco Institutional Asset Management
194
Robeco Institutional Asset Management
Netherlands
$10.9M +$1.82M +30,000 +18%
TAM
195
Titleist Asset Management
Texas
$10.5M +$194K +3,194 +2%
CI
196
Capital International
California
$10.4M +$3.11M +51,314 +37%
LIP
197
Liontrust Investment Partners
United Kingdom
$10.3M +$2.45M +40,454 +27%
KPM
198
Kinetic Partners Management
Florida
$10.3M +$11.4M +188,700 New
ACM
199
Arthedge Capital Management
New York
$10.3M
UIM
200
USS Investment Management
United Kingdom
$10.2M +$1.73M +28,576 +18%

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.