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Shopify

878 hedge funds and large institutions have $67.4B invested in Shopify in 2020 Q2 according to their latest regulatory filings, with 240 funds opening new positions, 262 increasing their positions, 299 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

329% more first-time investments, than exits

New positions opened: 240 | Existing positions closed: 56

128% more capital invested

Capital invested by funds: $29.6B → $67.4B (+$37.8B)

103% more funds holding in top 10

Funds holding in top 10: 3163 (+32)

26% more funds holding

Funds holding: 699878 (+179)

12% less repeat investments, than reductions

Existing positions increased: 262 | Existing positions reduced: 299

22% less call options, than puts

Call options by funds: $4.95B | Put options by funds: $6.35B

25.08% less ownership

Funds ownership: 685.15%660.07% (-25%)

Holders
878
Holders Change
+179
Holders Change %
+25.61%
% of All Funds
18%
Holding in Top 10
63
Holding in Top 10 Change
+32
Holding in Top 10 Change %
+103.23%
% of All Funds
1.29%
New
240
Increased
262
Reduced
299
Closed
56
Calls
$4.95B
Puts
$6.35B
Net Calls
-$1.4B
Net Calls Change
-$436M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$7.76B -$423M -6,096,720 -7%
Capital World Investors
2
Capital World Investors
California
$5.63B +$732M +10,542,530 +22%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$5.52B -$148M -2,133,610 -4%
Morgan Stanley
4
Morgan Stanley
New York
$5.23B +$183M +2,631,810 +5%
Jennison Associates
5
Jennison Associates
New York
$3.13B +$237M +3,415,480 +12%
WCM Investment Management
6
WCM Investment Management
California
$3.11B -$6.7M -96,510 -0.3%
Vanguard Group
7
Vanguard Group
Pennsylvania
$2.93B +$54.6M +786,020 +3%
Fidelity International
8
Fidelity International
Bermuda
$2.16B -$27.5M -395,840 -2%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$1.86B +$41.1M +591,710 +3%
LPC
10
Lone Pine Capital
Connecticut
$1.59B +$2.51M +36,090 +0.2%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$981M +$265M +3,812,350 +68%
Sands Capital Management
12
Sands Capital Management
Virginia
$895M -$218M -3,147,360 -25%
Franklin Resources
13
Franklin Resources
California
$871M +$36.4M +524,450 +6%
Norges Bank
14
Norges Bank
Norway
$858M -$40.1M -577,760 -6%
SM
15
SCGE Management
California
$801M
Bank of Nova Scotia
16
Bank of Nova Scotia
Ontario, Canada
$789M +$16.9M +242,910 +3%
WRCM
17
Whale Rock Capital Management
Massachusetts
$750M +$24.8M +357,570 +5%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$720M -$34.1M -491,850 -6%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$672M +$47.3M +682,100 +11%
CIBC World Market
20
CIBC World Market
Ontario, Canada
$651M +$9.35M +134,740 +2%
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$627M +$205M +2,957,330 +81%
DVF
22
Discovery Value Fund
Singapore
$621M -$30.5M -439,180 -6%
JP Morgan Chase
23
JP Morgan Chase
New York
$616M -$243M -3,494,710 -35%
Manulife (Manufacturers Life Insurance)
24
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$599M -$78.5M -1,130,560 -15%
JFL
25
Jarislowsky, Fraser Ltd
Quebec, Canada
$545M +$74M +1,066,160 +23%

SHOP Hedge Fund Activity: Q2 2020 in Review

878 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q2 2020, worth a combined $67.4B — up 128% from $29.6B a quarter earlier.

Buyers outnumbered sellers: 240 funds opened new SHOP positions and 56 closed out — a net gain of 184 holders — while 262 added to existing stakes and 299 trimmed.

The largest buyer was Capital World Investors, adding an estimated $732M. The largest seller was Osaic Holdings, cutting an estimated $449M.

  • 878 institutional investors held Shopify (SHOP) as of Q2 2020, up from 699 in Q1 2020.
  • Funds reported $67.4B of Shopify stock for Q2 2020, up 128% quarter-over-quarter.
  • 240 funds opened new Shopify positions in Q2 2020 and 56 closed out, a net change of +184 holders.
  • The largest Shopify buyer in Q2 2020 was Capital World Investors, an estimated $732M added.
  • The largest Shopify seller in Q2 2020 was Osaic Holdings, an estimated $449M sold.

Based on aggregated 13F filings for Q2 2020.