Shopify
SHOP
253 hedge funds and large institutions have $4.04B invested in Shopify in 2017 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 75 increasing their positions, 80 reducing their positions, and 42 closing their positions.
86% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 42
23% more capital invested
Capital invested by funds: $3.27B → $4.04B (+$762M)
16% more funds holding
Funds holding: 218 → 253 (+35)
6% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 80
32.04% less ownership
Funds ownership: 622.42% → 590.38% (-32%)
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
73% less call options, than puts
Call options by funds: $97.2M | Put options by funds: $363M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$222M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$83.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$66M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$39.6M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$88.9M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$76.8M |
| 3 |
ACA
Abdiel Capital Advisors
New York
|
-$50.3M |
| 4 |
CAM
Contour Asset Management
New York
|
-$47.9M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$46.3M |
SHOP Hedge Fund Activity: Q2 2017 in Review
253 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q2 2017, worth a combined $4.04B — up 23% from $3.27B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new SHOP positions and 42 closed out — a net gain of 36 holders — while 75 added to existing stakes and 80 trimmed.
The largest buyer was Coatue Management, opening a new position worth an estimated $222M. The largest seller was Renaissance Technologies, cutting an estimated $88.9M.
- 253 institutional investors held Shopify (SHOP) as of Q2 2017, up from 218 in Q1 2017.
- Funds reported $4.04B of Shopify stock for Q2 2017, up 23% quarter-over-quarter.
- 78 funds opened new Shopify positions in Q2 2017 and 42 closed out, a net change of +36 holders.
- The largest Shopify buyer in Q2 2017 was Coatue Management, an estimated $222M added.
- The largest Shopify seller in Q2 2017 was Renaissance Technologies, an estimated $88.9M sold.
Based on aggregated 13F filings for Q2 2017.