Shutterstock
SSTK
205 hedge funds and large institutions have $2.14B invested in Shutterstock in 2021 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 71 increasing their positions, 79 reducing their positions, and 28 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
29% more capital invested
Capital invested by funds: $1.66B → $2.14B (+$478M)
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
11% more call options, than puts
Call options by funds: $12.8M | Put options by funds: $11.6M
2.33% more ownership
Funds ownership: 63.9% → 66.22% (+2.3%)
2% more funds holding
Funds holding: 201 → 205 (+4)
10% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$65M |
| 2 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$15.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15M |
| 5 |
BlackRock
New York
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$50.6M |
| 2 |
Renaissance Technologies
New York
|
-$8.31M |
| 3 |
Two Sigma Investments
New York
|
-$6.13M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$6M |
| 5 |
D.E. Shaw & Co
New York
|
-$5.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
226
Advisory Services Network
Atlanta,
Georgia
| – | -$39K | -546 | Closed |
|
227
Group One Trading
Chicago,
Illinois
| – | -$38.7K | -484 | Closed |
|
|
CG
228
Cutler Group
San Francisco,
California
| – | -$8K | -100 | -91% |
|
229
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6K | -81 | Closed |
|
|
CCA
230
Childress Capital Advisors
Houston,
Texas
| – | -$4K | -55 | Closed |
|
|
ADIM
231
Alpha DNA Investment Management
Columbia,
Maryland
| – | -$1K | -19 | Closed |
|
|
GWS
232
Glassman Wealth Services
Vienna,
Virginia
| – | +$400 | +5 | New |
|
SSTK Hedge Fund Activity: Q1 2021 in Review
205 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q1 2021, worth a combined $2.14B — up 29% from $1.66B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SSTK positions and 28 closed out — a net gain of 6 holders — while 71 added to existing stakes and 79 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $65M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $50.6M.
- 205 institutional investors held Shutterstock (SSTK) as of Q1 2021, up from 201 in Q4 2020.
- Funds reported $2.14B of Shutterstock stock for Q1 2021, up 29% quarter-over-quarter.
- 34 funds opened new Shutterstock positions in Q1 2021 and 28 closed out, a net change of +6 holders.
- The largest Shutterstock buyer in Q1 2021 was Wellington Management Group, an estimated $65M added.
- The largest Shutterstock seller in Q1 2021 was ArrowMark Colorado Holdings, an estimated $50.6M sold.
Based on aggregated 13F filings for Q1 2021.