Shopify
SHOP
179 hedge funds and large institutions have $2.27B invested in Shopify in 2016 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 61 increasing their positions, 30 reducing their positions, and 21 closing their positions.
262% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 21
103% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 30
66% more capital invested
Capital invested by funds: $1.37B → $2.27B (+$898M)
44% more funds holding
Funds holding: 124 → 179 (+55)
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
24.21% more ownership
Funds ownership: 695.99% → 720.2% (+24%)
54% less call options, than puts
Call options by funds: $16.3M | Put options by funds: $35.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$66.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$42M |
| 3 |
Renaissance Technologies
New York
|
+$40.9M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$37.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$35.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IHG
Insight Holdings Group
New York
|
-$75.2M |
| 2 |
DVC
Deer VII & Co
Larchmont,
New York
|
-$57.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$21.3M |
| 4 |
CAM
Contour Asset Management
New York
|
-$17.5M |
| 5 |
GPI
Georgian Partners I
Toronto,
Ontario, Canada
|
-$16.6M |
SHOP Hedge Fund Activity: Q3 2016 in Review
179 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2016, worth a combined $2.27B — up 66% from $1.37B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new SHOP positions and 21 closed out — a net gain of 55 holders — while 61 added to existing stakes and 30 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $66.4M. The largest seller was Insight Holdings Group, exiting entirely with an estimated $75.2M sold.
- 179 institutional investors held Shopify (SHOP) as of Q3 2016, up from 124 in Q2 2016.
- Funds reported $2.27B of Shopify stock for Q3 2016, up 66% quarter-over-quarter.
- 76 funds opened new Shopify positions in Q3 2016 and 21 closed out, a net change of +55 holders.
- The largest Shopify buyer in Q3 2016 was Fidelity Investments, an estimated $66.4M added.
- The largest Shopify seller in Q3 2016 was Insight Holdings Group, an estimated $75.2M sold.
Based on aggregated 13F filings for Q3 2016.