Shopify
SHOP
1,212 hedge funds and large institutions have $53.8B invested in Shopify in 2024 Q2 according to their latest regulatory filings, with 149 funds opening new positions, 535 increasing their positions, 354 reducing their positions, and 143 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 535 | Existing positions reduced: 354
45% more call options, than puts
Call options by funds: $2.59B | Put options by funds: $1.78B
13% more capital inflows, than outflows
Capital inflows: $6.91B | Capital outflows: $6.1B
1.07% more ownership
Funds ownership: 66.08% → 67.15% (+1.1%)
4% more first-time investments, than exits
New positions opened: 149 | Existing positions closed: 143
1% less funds holding
Funds holding: 1,224 → 1,212 (-12)
6% less funds holding in top 10
Funds holding in top 10: 32 → 30 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
+$921M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$749M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$709M |
| 4 |
Janus Henderson Group
London,
|
+$271M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$178M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$1.61B |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$505M |
| 3 |
JP Morgan Chase
New York
|
-$432M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$408M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$236M |
SHOP Hedge Fund Activity: Q2 2024 in Review
1,212 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q2 2024, worth a combined $53.8B — down 13% from $61.5B a quarter earlier.
Buyers outnumbered sellers: 149 funds opened new SHOP positions and 143 closed out — a net gain of 6 holders — while 535 added to existing stakes and 354 trimmed.
The largest buyer was Polen Capital Management, adding an estimated $921M. The largest seller was GQG Partners, exiting entirely with an estimated $1.61B sold.
- 1,212 institutional investors held Shopify (SHOP) as of Q2 2024, down from 1,224 in Q1 2024.
- Funds reported $53.8B of Shopify stock for Q2 2024, down 13% quarter-over-quarter.
- 149 funds opened new Shopify positions in Q2 2024 and 143 closed out, a net change of +6 holders.
- The largest Shopify buyer in Q2 2024 was Polen Capital Management, an estimated $921M added.
- The largest Shopify seller in Q2 2024 was GQG Partners, an estimated $1.61B sold.
Based on aggregated 13F filings for Q2 2024.