Shopify
SHOP
218 hedge funds and large institutions have $3.27B invested in Shopify in 2017 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 51 increasing their positions, 78 reducing their positions, and 26 closing their positions.
150% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 26
52% more capital invested
Capital invested by funds: $2.16B → $3.27B (+$1.11B)
18% more funds holding
Funds holding: 184 → 218 (+34)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
35% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 78
40.46% less ownership
Funds ownership: 662.87% → 622.42% (-40%)
48% less call options, than puts
Call options by funds: $55.7M | Put options by funds: $107M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
+$221M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$65.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.2M |
| 4 |
Morgan Stanley
New York
|
+$20.1M |
| 5 |
SCM
Steadfast Capital Management
New York
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
-$61M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$47.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$43.1M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$40.5M |
| 5 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$37.4M |
SHOP Hedge Fund Activity: Q1 2017 in Review
218 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q1 2017, worth a combined $3.27B — up 52% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new SHOP positions and 26 closed out — a net gain of 39 holders — while 51 added to existing stakes and 78 trimmed.
The largest buyer was Sands Capital Management, opening a new position worth an estimated $221M. The largest seller was Abdiel Capital Advisors, cutting an estimated $61M.
- 218 institutional investors held Shopify (SHOP) as of Q1 2017, up from 184 in Q4 2016.
- Funds reported $3.27B of Shopify stock for Q1 2017, up 52% quarter-over-quarter.
- 65 funds opened new Shopify positions in Q1 2017 and 26 closed out, a net change of +39 holders.
- The largest Shopify buyer in Q1 2017 was Sands Capital Management, an estimated $221M added.
- The largest Shopify seller in Q1 2017 was Abdiel Capital Advisors, an estimated $61M sold.
Based on aggregated 13F filings for Q1 2017.