Shutterstock
SSTK
233 hedge funds and large institutions have $1.32B invested in Shutterstock in 2022 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 86 increasing their positions, 87 reducing their positions, and 29 closing their positions.
36% more call options, than puts
Call options by funds: $7.33M | Put options by funds: $5.38M
31% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 29
3% more funds holding
Funds holding: 227 → 233 (+6)
1.67% more ownership
Funds ownership: 70.42% → 72.09% (+1.7%)
4% more capital invested
Capital invested by funds: $1.26B → $1.32B (+$53.2M)
1% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$18M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$16.8M |
| 3 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$12.9M |
| 4 |
EIP
Epoch Investment Partners
New York
|
+$9.91M |
| 5 |
BlackRock
New York
|
+$8.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$20.3M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$16.6M |
| 3 |
Jane Street
New York
|
-$10.7M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$8.87M |
| 5 |
Goldman Sachs
New York
|
-$5.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMCIP
251
Ewing Morris & Co Investment Partners
Toronto,
Ontario, Canada
| – | -$251K | -5,000 | Closed |
|
|
PI
252
PEAK6 Investments
Chicago,
Illinois
| – | -$234K | -4,669 | Closed |
|
253
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$62K | -1,237 | Closed |
|
|
LCM
254
Logan Capital Management
Newtown Square,
Pennsylvania
| – | -$51K | -1,024 | Closed |
|
|
MAM
255
Meeder Asset Management
Dublin,
Ohio
| – | -$18K | -357 | Closed |
|
256
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$15K | -302 | Closed |
|
257
Rockefeller Capital Management
New York
| – | -$5K | -119 | Closed |
|
|
CFFP
258
Center for Financial Planning
Southfied,
Michigan
| – | -$2K | -35 | Closed |
|
|
CTC
259
Central Trust Company
Jefferson City,
Missouri
| – | -$1K | -26 | Closed |
|
|
NA
260
NewEdge Advisors
New Orleans,
Louisiana
| – | +$102 | +2 | New |
|
SSTK Hedge Fund Activity: Q4 2022 in Review
233 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q4 2022, worth a combined $1.32B — up 4.2% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SSTK positions and 29 closed out — a net gain of 9 holders — while 86 added to existing stakes and 87 trimmed.
The largest buyer was Mawer Investment Management, opening a new position worth an estimated $18M. The largest seller was Bernzott Capital Advisors, exiting entirely with an estimated $20.3M sold.
- 233 institutional investors held Shutterstock (SSTK) as of Q4 2022, up from 227 in Q3 2022.
- Funds reported $1.32B of Shutterstock stock for Q4 2022, up 4.2% quarter-over-quarter.
- 38 funds opened new Shutterstock positions in Q4 2022 and 29 closed out, a net change of +9 holders.
- The largest Shutterstock buyer in Q4 2022 was Mawer Investment Management, an estimated $18M added.
- The largest Shutterstock seller in Q4 2022 was Bernzott Capital Advisors, an estimated $20.3M sold.
Based on aggregated 13F filings for Q4 2022.