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Shopify

1,259 hedge funds and large institutions have $66.6B invested in Shopify in 2024 Q3 according to their latest regulatory filings, with 155 funds opening new positions, 471 increasing their positions, 432 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 97

27% more call options, than puts

Call options by funds: $3.02B | Put options by funds: $2.37B

24% more capital invested

Capital invested by funds: $53.8B → $66.6B (+$12.8B)

10% more funds holding in top 10

Funds holding in top 10: 3134 (+3)

4% more funds holding

Funds holding: 1,2091,259 (+50)

1.46% more ownership

Funds ownership: 67.17%68.63% (+1.5%)

9% more repeat investments, than reductions

Existing positions increased: 471 | Existing positions reduced: 432

Holders
1,259
Holders Change
+50
Holders Change %
+4.14%
% of All Funds
18.08%
Holding in Top 10
34
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+9.68%
% of All Funds
0.49%
New
155
Increased
471
Reduced
432
Closed
97
Calls
$3.02B
Puts
$2.37B
Net Calls
+$651M
Net Calls Change
-$154M
Name Holding Trade Value Shares
Change
Change in
Stake
SGA
201
Sustainable Growth Advisers
Connecticut
$12.4M +$10.7M +154,301 New
HJIM
202
Henry James International Management
New York
$11.9M -$553K -8,001 -5%
WCM Investment Management
203
WCM Investment Management
California
$11.9M -$183K -2,650 -2%
HighTower Advisors
204
HighTower Advisors
Illinois
$11.9M +$425K +6,151 +4%
BCH
205
Berkshire Capital Holdings
California
$11.7M +$10.1M +145,760 +1,457,600%
GFP
206
Gryphon Financial Partners
Ohio
$11.7M +$2.52M +36,511 +33%
NTIC
207
Napean Trading & Investment Company
Singapore
$11.4M +$894K +12,951 +10%
GIP
208
Granite Investment Partners
California
$11M -$1.34M -19,411 -12%
Axa
209
Axa
France
$10.9M -$5.58M -80,772 -37%
URS
210
Utah Retirement Systems
Utah
$10.8M
TAM
211
Tocqueville Asset Management
New York
$10.6M -$106K -1,533 -1%
LI
212
Louisbourg Investments
New Brunswick, Canada
$10.2M +$437K +6,330 +5%
OSAM
213
O'Shaughnessy Asset Management
Connecticut
$10.1M -$1.88M -27,272 -18%
VAS
214
Vestmark Advisory Solutions
Massachusetts
$10M -$317K -4,584 -4%
MSRPS
215
Maryland State Retirement & Pension System
Maryland
$9.99M -$27.9K -404 -0.3%
WF
216
Welch & Forbes
Massachusetts
$9.92M -$666K -9,640 -7%
ASC
217
Atalanta Sosnoff Capital
New York
$9.81M +$2.46M +35,595 +41%
TYCC
218
Texas Yale Capital Corp
Florida
$9.52M +$10.2K +148 +0.1%
MCM
219
Marsico Capital Management
Colorado
$9.46M
O
220
Ossiam
France
$9.36M +$2.23M +32,261 +38%
MWM
221
Meridian Wealth Management
Kentucky
$9.28M +$1.55M +22,502 +24%
AWM
222
Apollon Wealth Management
South Carolina
$9.2M -$34.7K -503 -0.4%
BNP Paribas Financial Markets
223
BNP Paribas Financial Markets
France
$9.15M -$2.2M -31,847 -22%
LIP
224
Liontrust Investment Partners
United Kingdom
$9.06M
MIA
225
MMBG Investment Advisors
Florida
$9M +$928K +13,435 +14%

SHOP Hedge Fund Activity: Q3 2024 in Review

1,259 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2024, worth a combined $66.6B — up 24% from $53.8B a quarter earlier.

Buyers outnumbered sellers: 155 funds opened new SHOP positions and 97 closed out — a net gain of 58 holders — while 471 added to existing stakes and 432 trimmed.

The largest buyer was Capital International Investors, adding an estimated $585M. The largest seller was JP Morgan Chase, cutting an estimated $564M.

  • 1,259 institutional investors held Shopify (SHOP) as of Q3 2024, up from 1,209 in Q2 2024.
  • Funds reported $66.6B of Shopify stock for Q3 2024, up 24% quarter-over-quarter.
  • 155 funds opened new Shopify positions in Q3 2024 and 97 closed out, a net change of +58 holders.
  • The largest Shopify buyer in Q3 2024 was Capital International Investors, an estimated $585M added.
  • The largest Shopify seller in Q3 2024 was JP Morgan Chase, an estimated $564M sold.

Based on aggregated 13F filings for Q3 2024.