Shopify
SHOP
1,262 hedge funds and large institutions have $66.6B invested in Shopify in 2024 Q3 according to their latest regulatory filings, with 156 funds opening new positions, 473 increasing their positions, 432 reducing their positions, and 98 closing their positions.
59% more first-time investments, than exits
New positions opened: 156 | Existing positions closed: 98
32% more capital inflows, than outflows
Capital inflows: $5.31B | Capital outflows: $4.03B
27% more call options, than puts
Call options by funds: $3.02B | Put options by funds: $2.37B
13% more funds holding in top 10
Funds holding in top 10: 30 → 34 (+4)
4% more funds holding
Funds holding: 1,212 → 1,262 (+50)
1.38% more ownership
Funds ownership: 67.15% → 68.54% (+1.4%)
9% more repeat investments, than reductions
Existing positions increased: 473 | Existing positions reduced: 432
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$585M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$562M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$405M |
| 4 |
Polen Capital Management
Boca Raton,
Florida
|
+$293M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$289M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$564M |
| 2 |
Morgan Stanley
New York
|
-$497M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$209M |
| 4 |
SCGE Management
Menlo Park,
California
|
-$208M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$202M |
SHOP Hedge Fund Activity: Q3 2024 in Review
1,262 of the 6,985 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2024, worth a combined $66.6B — up 24% from $53.8B a quarter earlier.
Buyers outnumbered sellers: 156 funds opened new SHOP positions and 98 closed out — a net gain of 58 holders — while 473 added to existing stakes and 432 trimmed.
The largest buyer was Capital International Investors, adding an estimated $585M. The largest seller was JP Morgan Chase, cutting an estimated $564M.
- 1,262 institutional investors held Shopify (SHOP) as of Q3 2024, up from 1,212 in Q2 2024.
- Funds reported $66.6B of Shopify stock for Q3 2024, up 24% quarter-over-quarter.
- 156 funds opened new Shopify positions in Q3 2024 and 98 closed out, a net change of +58 holders.
- The largest Shopify buyer in Q3 2024 was Capital International Investors, an estimated $585M added.
- The largest Shopify seller in Q3 2024 was JP Morgan Chase, an estimated $564M sold.
Based on aggregated 13F filings for Q3 2024.