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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
FANJ
201
Financial Architects (New Jersey)
New Jersey
$38K
Fifth Third Bancorp
202
Fifth Third Bancorp
Ohio
$34K
US Bancorp
203
US Bancorp
Minnesota
$33K +$27.8K +4,830 New
Carson Wealth (CWM LLC)
204
Carson Wealth (CWM LLC)
Nebraska
$25K +$2.88K +500 +16%
GT
205
Glenmede Trust
Pennsylvania
$20K
BAM
206
Barrett Asset Management
New York
$14K
WA
207
WFG Advisors
Texas
$14K +$11.5K +2,000 New
GEA
208
Glen Eagle Advisors
New Jersey
$12.9K
QT
209
Quantbot Technologies
New York
$12K +$10.7K +1,850 New
EWM
210
Evercore Wealth Management
New York
$9K +$5.18K +900 +196%
1832 Asset Management
211
1832 Asset Management
Ontario, Canada
$7K -$6.16K -1,070 -50%
AIS
212
Accurate Investment Solutions
Pennsylvania
$7K +$5.76K +1,000 New
NSIM
213
North Star Investment Management
Illinois
$7K +$6.33K +1,100 New
MWM
214
MinichMacGregor Wealth Management
New York
$3K -$17.5K -3,040 -86%
PAI
215
Pittenger & Anderson Inc
Nebraska
$3K -$1.15K -200 -31%
DAM
216
Delta Asset Management
Tennessee
$1K +$806 +140 New
PA
217
Parallel Advisors
California
$1K +$921 +160 New
SQA
218
Simon Quick Advisors
New Jersey
$1K +$1.15K +200 New
WAS
219
Winch Advisory Services
Wisconsin
$1K +$1.27K +220 New
Westfield Capital Management
220
Westfield Capital Management
Massachusetts
-$17.9M -4,183,900 Closed
EAM
221
EastBay Asset Management
New York
-$17.1M -4,000,180 Closed
Two Sigma Advisers
222
Two Sigma Advisers
New York
-$7.79M -1,817,470 Closed
N
223
Nuveen
North Carolina
-$7M -1,631,630 Closed
SRFM
224
Shannon River Fund Management
New York
-$6.02M -1,403,990 Closed
AAM
225
AO Asset Management
New York
-$4.54M -1,058,000 Closed

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.