Shopify
SHOP
95 hedge funds and large institutions have $1.15B invested in Shopify in 2016 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 34 increasing their positions, 20 reducing their positions, and 26 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 20
23% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 26
21% more call options, than puts
Call options by funds: $6.04M | Put options by funds: $5M
7% more funds holding
Funds holding: 89 → 95 (+6)
1.5% more ownership
Funds ownership: 66.88% → 68.39% (+1.5%)
6% more capital inflows, than outflows
Capital inflows: $321M | Capital outflows: $304M
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$114M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$51.4M |
| 3 |
Abdiel Capital Advisors
New York
|
+$39.7M |
| 4 |
Putnam Investments
Boston,
Massachusetts
|
+$23.1M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FirstMark Capital I
New York
|
-$122M |
| 2 |
Deer VII & Co
Larchmont,
New York
|
-$47.9M |
| 3 |
Gilder Gagnon Howe & Co
New York
|
-$31.2M |
| 4 |
Georgian Partners I
Toronto,
Ontario, Canada
|
-$19.2M |
| 5 |
JP Morgan Chase
New York
|
-$9.7M |
SHOP Hedge Fund Activity: Q1 2016 in Review
95 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q1 2016, worth a combined $1.15B — up 12% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SHOP positions and 26 closed out — a net gain of 6 holders — while 34 added to existing stakes and 20 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $114M. The largest seller was FirstMark Capital I, cutting an estimated $122M.
- 95 institutional investors held Shopify (SHOP) as of Q1 2016, up from 89 in Q4 2015.
- Funds reported $1.15B of Shopify stock for Q1 2016, up 12% quarter-over-quarter.
- 32 funds opened new Shopify positions in Q1 2016 and 26 closed out, a net change of +6 holders.
- The largest Shopify buyer in Q1 2016 was Fidelity Investments, an estimated $114M added.
- The largest Shopify seller in Q1 2016 was FirstMark Capital I, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2016.