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Shopify

1,225 hedge funds and large institutions have $104B invested in Shopify in 2021 Q3 according to their latest regulatory filings, with 122 funds opening new positions, 500 increasing their positions, 356 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 500 | Existing positions reduced: 356

33% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 92

1.77% more ownership

Funds ownership: 675.01%676.77% (+1.8%)

1% more funds holding

Funds holding: 1,2081,225 (+17)

5% less call options, than puts

Call options by funds: $10.6B | Put options by funds: $11.2B

4% less funds holding in top 10

Funds holding in top 10: 8582 (-3)

7% less capital invested

Capital invested by funds: $111B → $104B (-$7.35B)

Holders
1,225
Holders Change
+17
Holders Change %
+1.41%
% of All Funds
21.45%
Holding in Top 10
82
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-3.53%
% of All Funds
1.44%
New
122
Increased
500
Reduced
356
Closed
92
Calls
$10.6B
Puts
$11.2B
Net Calls
-$561M
Net Calls Change
-$1.78B
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$8.18B +$126M +839,440 +1%
Baillie Gifford & Co
2
Baillie Gifford & Co
United Kingdom
$7.45B -$385M -2,568,750 -4%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$6.31B +$585M +3,907,170 +9%
Jennison Associates
4
Jennison Associates
New York
$6.28B +$24.9M +166,000 +0.4%
Capital World Investors
5
Capital World Investors
California
$5.97B +$10.1M +67,190 +0.2%
Vanguard Group
6
Vanguard Group
Pennsylvania
$4.68B +$154M +1,028,550 +3%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$4.27B +$451M +3,010,630 +11%
WCM Investment Management
8
WCM Investment Management
California
$2.76B +$45.1M +300,790 +2%
LPC
9
Lone Pine Capital
Connecticut
$1.94B -$303M -2,024,150 -12%
Capital Research Global Investors
10
Capital Research Global Investors
California
$1.93B +$189M +1,262,850 +10%
Sands Capital Management
11
Sands Capital Management
Virginia
$1.83B +$30.1M +200,760 +2%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$1.81B -$170M -1,131,950 -8%
Norges Bank
13
Norges Bank
Norway
$1.5B +$33M +220,120 +2%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$1.48B +$27.3M +182,340 +2%
Fidelity International
15
Fidelity International
Bermuda
$1.41B +$68.6M +458,100 +5%
Franklin Resources
16
Franklin Resources
California
$1.31B +$17.5M +116,660 +1%
Sumitomo Mitsui Trust Group
17
Sumitomo Mitsui Trust Group
Japan
$1.28B -$96.1M -641,630 -6%
AIM
18
ARK Investment Management
Florida
$1.25B -$445M -2,967,100 -24%
Bank of Nova Scotia
19
Bank of Nova Scotia
Ontario, Canada
$1.22B -$1.5M -10,000 -0.1%
SM
20
SCGE Management
California
$1.21B
Tiger Global Management
21
Tiger Global Management
New York
$1.2B +$14.3M +95,500 +1%
JP Morgan Chase
22
JP Morgan Chase
New York
$1.18B +$254M +1,694,590 +24%
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.17B +$17.9M +119,210 +2%
CIBC World Market
24
CIBC World Market
Ontario, Canada
$930M +$15.3M +102,210 +2%
NAMA
25
Nikko Asset Management Americas
New York
$871M -$72.3M -482,210 -7%

SHOP Hedge Fund Activity: Q3 2021 in Review

1,225 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2021, worth a combined $104B — down 6.6% from $111B a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new SHOP positions and 92 closed out — a net gain of 30 holders — while 500 added to existing stakes and 356 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $585M. The largest seller was ARK Investment Management, cutting an estimated $445M.

  • 1,225 institutional investors held Shopify (SHOP) as of Q3 2021, up from 1,208 in Q2 2021.
  • Funds reported $104B of Shopify stock for Q3 2021, down 6.6% quarter-over-quarter.
  • 122 funds opened new Shopify positions in Q3 2021 and 92 closed out, a net change of +30 holders.
  • The largest Shopify buyer in Q3 2021 was Fidelity Investments, an estimated $585M added.
  • The largest Shopify seller in Q3 2021 was ARK Investment Management, an estimated $445M sold.

Based on aggregated 13F filings for Q3 2021.