Shopify
SHOP
367 hedge funds and large institutions have $9.5B invested in Shopify in 2018 Q2 according to their latest regulatory filings, with 75 funds opening new positions, 131 increasing their positions, 103 reducing their positions, and 40 closing their positions.
88% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 40
45% more capital inflows, than outflows
Capital inflows: $1.97B | Capital outflows: $1.36B
27% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 103
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
10% more funds holding
Funds holding: 335 → 367 (+32)
4.01% more ownership
Funds ownership: 66.05% → 70.06% (+4%)
57% less call options, than puts
Call options by funds: $358M | Put options by funds: $824M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$820M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$393M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$59.3M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$42M |
| 5 |
Carmignac Gestion
Paris,
France
|
+$36.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$499M |
| 2 |
Coatue Management
New York
|
-$280M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
-$59.9M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$56.8M |
| 5 |
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$56M |
SHOP Hedge Fund Activity: Q2 2018 in Review
367 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q2 2018, worth a combined $9.5B — up 26% from $7.58B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new SHOP positions and 40 closed out — a net gain of 35 holders — while 131 added to existing stakes and 103 trimmed.
The largest buyer was WCM Investment Management, adding an estimated $820M. The largest seller was Fidelity Investments, cutting an estimated $499M.
- 367 institutional investors held Shopify (SHOP) as of Q2 2018, up from 335 in Q1 2018.
- Funds reported $9.5B of Shopify stock for Q2 2018, up 26% quarter-over-quarter.
- 75 funds opened new Shopify positions in Q2 2018 and 40 closed out, a net change of +35 holders.
- The largest Shopify buyer in Q2 2018 was WCM Investment Management, an estimated $820M added.
- The largest Shopify seller in Q2 2018 was Fidelity Investments, an estimated $499M sold.
Based on aggregated 13F filings for Q2 2018.