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972 hedge funds and large institutions have $27.1B invested in Shopify in 2022 Q4 according to their latest regulatory filings, with 202 funds opening new positions, 274 increasing their positions, 357 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more first-time investments, than exits

New positions opened: 202 | Existing positions closed: 96

41% more capital invested

Capital invested by funds: $19.2B → $27.1B (+$7.86B)

27% more funds holding in top 10

Funds holding in top 10: 2633 (+7)

12% more call options, than puts

Call options by funds: $1.93B | Put options by funds: $1.72B

10% more funds holding

Funds holding: 883972 (+89)

3.63% more ownership

Funds ownership: 61.04%64.67% (+3.6%)

23% less repeat investments, than reductions

Existing positions increased: 274 | Existing positions reduced: 357

Holders
972
Holders Change
+89
Holders Change %
+10.08%
% of All Funds
15.62%
Holding in Top 10
33
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+26.92%
% of All Funds
0.53%
New
202
Increased
274
Reduced
357
Closed
96
Calls
$1.93B
Puts
$1.72B
Net Calls
+$213M
Net Calls Change
-$4.92B
Name Holding Trade Value Shares
Change
Change in
Stake
Arrowstreet Capital
201
Arrowstreet Capital
Massachusetts
$6.19M +$6.09M +178,490 New
Axa
202
Axa
France
$6.13M +$2.03M +59,585 +51%
TC
203
Titleist Capital
Texas
$6.1M +$177K +5,178 +3%
UIM
204
USS Investment Management
United Kingdom
$5.88M +$529K +15,500 +10%
WCM Investment Management
205
WCM Investment Management
California
$5.82M +$288K +8,420 +5%
Wolverine Trading
206
Wolverine Trading
Illinois
$5.65M +$2.35M +68,877 +73%
SOMRS
207
State of Michigan Retirement System
Michigan
$5.55M
EGM
208
Engineers Gate Manager
New York
$5.5M +$3.84M +112,313 +243%
HJIM
209
Henry James International Management
New York
$5.43M +$74.5K +2,182 +1%
Aviva
210
Aviva
United Kingdom
$5.39M -$450K -13,188 -8%
HIM
211
Hillsdale Investment Management
Ontario, Canada
$5.26M +$2.23M +65,200 +75%
AF
212
Alerus Financial
North Dakota
$5.23M +$619K +18,115 +14%
CIC
213
Carnegie Investment Counsel
Ohio
$5.23M -$1.02M -29,922 -17%
FG
214
Formula Growth
Quebec, Canada
$5.21M -$3.07M -90,000 -38%
Rockefeller Capital Management
215
Rockefeller Capital Management
New York
$5.14M -$923K -27,018 -15%
BC
216
Brookfield Corp
Ontario, Canada
$5.08M +$4.26M +124,835 +582%
COPPSERS
217
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$4.93M -$3.08M -90,290 -39%
LIP
218
Liontrust Investment Partners
United Kingdom
$4.9M -$512K -15,000 -8%
TAA
219
TB Alternative Assets
Cayman Islands
$4.89M
CA
220
Cetera Advisors
Colorado
$4.85M +$1.78M +52,020 +59%
Janus Henderson Group
221
Janus Henderson Group
United Kingdom
$4.85M -$4.42M -129,450 -48%
Northwestern Mutual Wealth Management
222
Northwestern Mutual Wealth Management
Wisconsin
$4.81M -$195K -5,716 -4%
BS
223
Banco Santander
Spain
$4.71M -$1.33M -39,026 -22%
Skandinaviska Enskilda Banken (SEB)
224
Skandinaviska Enskilda Banken (SEB)
Sweden
$4.69M +$143K +4,201 +3%
Squarepoint
225
Squarepoint
New York
$4.65M +$1.38M +40,394 +43%

SHOP Hedge Fund Activity: Q4 2022 in Review

972 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q4 2022, worth a combined $27.1B — up 41% from $19.2B a quarter earlier.

Buyers outnumbered sellers: 202 funds opened new SHOP positions and 96 closed out — a net gain of 106 holders — while 274 added to existing stakes and 357 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $341M. The largest seller was SRS Investment Management, cutting an estimated $358M.

  • 972 institutional investors held Shopify (SHOP) as of Q4 2022, up from 883 in Q3 2022.
  • Funds reported $27.1B of Shopify stock for Q4 2022, up 41% quarter-over-quarter.
  • 202 funds opened new Shopify positions in Q4 2022 and 96 closed out, a net change of +106 holders.
  • The largest Shopify buyer in Q4 2022 was Capital Research Global Investors, an estimated $341M added.
  • The largest Shopify seller in Q4 2022 was SRS Investment Management, an estimated $358M sold.

Based on aggregated 13F filings for Q4 2022.