Shopify
SHOP
53 hedge funds and large institutions have $333M invested in Shopify in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 16 closing their positions.
223.17% more ownership
Funds ownership: 823.76% → 1,046.93% (+223%)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
35% more capital invested
Capital invested by funds: $248M → $333M (+$85.7M)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2% less funds holding
Funds holding: 54 → 53 (-1)
43% less call options, than puts
Call options by funds: $4.82M | Put options by funds: $8.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$38.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$7.24M |
| 4 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$6.65M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
+$5.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$13.3M |
| 2 |
DP
DSAM Partners
London,
United Kingdom
|
-$3.06M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$2.21M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.54M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$1.46M |
SHOP Hedge Fund Activity: Q3 2015 in Review
53 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2015, worth a combined $333M — up 35% from $248M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SHOP and 15 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 15 added.
The largest buyer was Lord, Abbett & Co, adding an estimated $38.4M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $13.3M sold.
- 53 institutional investors held Shopify (SHOP) as of Q3 2015, down from 54 in Q2 2015.
- Funds reported $333M of Shopify stock for Q3 2015, up 35% quarter-over-quarter.
- 15 funds opened new Shopify positions in Q3 2015 and 16 closed out, a net change of -1 holder.
- The largest Shopify buyer in Q3 2015 was Lord, Abbett & Co, an estimated $38.4M added.
- The largest Shopify seller in Q3 2015 was Massachusetts Financial Services, an estimated $13.3M sold.
Based on aggregated 13F filings for Q3 2015.