Shopify
SHOP
368 hedge funds and large institutions have $9.52B invested in Shopify in 2018 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 130 increasing their positions, 104 reducing their positions, and 40 closing their positions.
90% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 40
39.39% more ownership
Funds ownership: 661.46% → 700.85% (+39%)
25% more capital invested
Capital invested by funds: $7.59B → $9.52B (+$1.93B)
25% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 104
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
10% more funds holding
Funds holding: 335 → 368 (+33)
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 |
CG
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 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$56M |
SHOP Hedge Fund Activity: Q2 2018 in Review
368 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q2 2018, worth a combined $9.52B — up 25% from $7.59B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new SHOP positions and 40 closed out — a net gain of 36 holders — while 130 added to existing stakes and 104 trimmed.
The largest buyer was WCM Investment Management, adding an estimated $820M. The largest seller was Fidelity Investments, cutting an estimated $499M.
- 368 institutional investors held Shopify (SHOP) as of Q2 2018, up from 335 in Q1 2018.
- Funds reported $9.52B of Shopify stock for Q2 2018, up 25% quarter-over-quarter.
- 76 funds opened new Shopify positions in Q2 2018 and 40 closed out, a net change of +36 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.