Shopify
SHOP
1,212 hedge funds and large institutions have $63.1B invested in Shopify in 2023 Q4 according to their latest regulatory filings, with 252 funds opening new positions, 363 increasing their positions, 420 reducing their positions, and 105 closing their positions.
140% more first-time investments, than exits
New positions opened: 252 | Existing positions closed: 105
48% more capital invested
Capital invested by funds: $42.5B → $63.1B (+$20.5B)
29% more call options, than puts
Call options by funds: $3.83B | Put options by funds: $2.96B
21% more funds holding in top 10
Funds holding in top 10: 33 → 40 (+7)
13% more funds holding
Funds holding: 1,076 → 1,212 (+136)
2.66% more ownership
Funds ownership: 64.46% → 67.12% (+2.7%)
14% less repeat investments, than reductions
Existing positions increased: 363 | Existing positions reduced: 420
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.24B |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$561M |
| 3 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$448M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$353M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$218M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$455M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$292M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$239M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$180M |
| 5 |
ACA
Abdiel Capital Advisors
New York
|
-$120M |
SHOP Hedge Fund Activity: Q4 2023 in Review
1,212 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q4 2023, worth a combined $63.1B — up 48% from $42.5B a quarter earlier.
Buyers outnumbered sellers: 252 funds opened new SHOP positions and 105 closed out — a net gain of 147 holders — while 363 added to existing stakes and 420 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $1.24B. The largest seller was Morgan Stanley, cutting an estimated $455M.
- 1,212 institutional investors held Shopify (SHOP) as of Q4 2023, up from 1,076 in Q3 2023.
- Funds reported $63.1B of Shopify stock for Q4 2023, up 48% quarter-over-quarter.
- 252 funds opened new Shopify positions in Q4 2023 and 105 closed out, a net change of +147 holders.
- The largest Shopify buyer in Q4 2023 was Arrowstreet Capital, an estimated $1.24B added.
- The largest Shopify seller in Q4 2023 was Morgan Stanley, an estimated $455M sold.
Based on aggregated 13F filings for Q4 2023.