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Shopify

1,126 hedge funds and large institutions have $81.7B invested in Shopify in 2020 Q4 according to their latest regulatory filings, with 262 funds opening new positions, 430 increasing their positions, 295 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

280% more first-time investments, than exits

New positions opened: 262 | Existing positions closed: 69

46% more repeat investments, than reductions

Existing positions increased: 430 | Existing positions reduced: 295

32% more funds holding in top 10

Funds holding in top 10: 5775 (+18)

19% more funds holding

Funds holding: 9431,126 (+183)

13% more capital invested

Capital invested by funds: $72.3B → $81.7B (+$9.34B)

12.72% more ownership

Funds ownership: 641.69%654.41% (+13%)

12% less call options, than puts

Call options by funds: $6.7B | Put options by funds: $7.63B

Holders
1,126
Holders Change
+183
Holders Change %
+19.41%
% of All Funds
19.93%
Holding in Top 10
75
Holding in Top 10 Change
+18
Holding in Top 10 Change %
+31.58%
% of All Funds
1.33%
New
262
Increased
430
Reduced
295
Closed
69
Calls
$6.7B
Puts
$7.63B
Net Calls
-$925M
Net Calls Change
+$267M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$6.84B -$780M -7,434,480 -11%
Baillie Gifford & Co
2
Baillie Gifford & Co
United Kingdom
$6.48B +$79.4M +756,420 +1%
Capital World Investors
3
Capital World Investors
California
$6.45B -$122M -1,158,920 -2%
Morgan Stanley
4
Morgan Stanley
New York
$5.5B -$247M -2,349,850 -5%
Jennison Associates
5
Jennison Associates
New York
$4.86B +$940M +8,959,400 +26%
Vanguard Group
6
Vanguard Group
Pennsylvania
$3.62B +$55.8M +531,410 +2%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$2.99B -$170M -1,616,770 -6%
WCM Investment Management
8
WCM Investment Management
California
$2.19B +$90.2M +859,030 +5%
LPC
9
Lone Pine Capital
Connecticut
$2.03B +$76.4M +727,420 +4%
Fidelity International
10
Fidelity International
Bermuda
$1.52B -$869M -8,282,380 -38%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$1.23B -$86M -819,170 -7%
Norges Bank
12
Norges Bank
Norway
$1.17B +$51M +486,220 +5%
Franklin Resources
13
Franklin Resources
California
$1.07B +$66.8M +636,090 +7%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$1.07B +$164M +1,557,840 +20%
SM
15
SCGE Management
California
$1.01B
Sands Capital Management
16
Sands Capital Management
Virginia
$1B -$9.11M -86,830 -1%
DVF
17
Discovery Value Fund
Singapore
$965M +$16.3M +155,000 +2%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$955M +$20.9M +198,970 +3%
CIBC World Market
19
CIBC World Market
Ontario, Canada
$782M +$925K +8,810 +0.1%
Bank of Nova Scotia
20
Bank of Nova Scotia
Ontario, Canada
$754M +$16.1M +153,640 +2%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$736M -$46M -437,980 -6%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$714M +$293M +2,790,300 +79%
Sumitomo Mitsui Trust Group
23
Sumitomo Mitsui Trust Group
Japan
$673M +$218M +2,079,100 +54%
JP Morgan Chase
24
JP Morgan Chase
New York
$629M -$115M -1,099,620 -17%
Brown Advisory
25
Brown Advisory
Maryland
$616M +$240M +2,285,930 +72%

SHOP Hedge Fund Activity: Q4 2020 in Review

1,126 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q4 2020, worth a combined $81.7B — up 13% from $72.3B a quarter earlier.

Buyers outnumbered sellers: 262 funds opened new SHOP positions and 69 closed out — a net gain of 193 holders — while 430 added to existing stakes and 295 trimmed.

The largest buyer was Jennison Associates, adding an estimated $940M. The largest seller was Fidelity International, cutting an estimated $869M.

  • 1,126 institutional investors held Shopify (SHOP) as of Q4 2020, up from 943 in Q3 2020.
  • Funds reported $81.7B of Shopify stock for Q4 2020, up 13% quarter-over-quarter.
  • 262 funds opened new Shopify positions in Q4 2020 and 69 closed out, a net change of +193 holders.
  • The largest Shopify buyer in Q4 2020 was Jennison Associates, an estimated $940M added.
  • The largest Shopify seller in Q4 2020 was Fidelity International, an estimated $869M sold.

Based on aggregated 13F filings for Q4 2020.