Shutterstock
SSTK
234 hedge funds and large institutions have $959M invested in Shutterstock in 2024 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 78 increasing their positions, 85 reducing their positions, and 28 closing their positions.
46% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 28
5% more funds holding
Funds holding: 222 → 234 (+12)
8% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 85
11.36% less ownership
Funds ownership: 87.93% → 76.57% (-11%)
21% less capital invested
Capital invested by funds: $1.22B → $959M (-$261M)
51% less call options, than puts
Call options by funds: $7.85M | Put options by funds: $16M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$8.85M |
| 2 |
ECM
ExodusPoint Capital Management
New York
|
+$6.61M |
| 3 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$5.65M |
| 4 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$4.6M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$4.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$69.4M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$42.7M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$42M |
| 4 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$21.5M |
| 5 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$14.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Tudor Investment Corp
Stamford,
Connecticut
| – | -$219K | -5,670 | Closed |
|
|
AIM
252
Allen Investment Management
New York
| – | -$213K | -5,500 | Closed |
|
|
COPPSERS
253
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$200K | -5,175 | Closed |
|
254
Simplex Trading
Chicago,
Illinois
| – | -$171K | -4,646 | Closed |
|
|
HT
255
Headlands Technologies
Chicago,
Illinois
| – | -$129K | -3,339 | Closed |
|
|
MPWT
256
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$1.66K | -43 | Closed |
|
|
IC
257
Innealta Capital
Austin,
Texas
| – | -$697 | -18 | Closed |
|
|
PFBT
258
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$387 | -10 | Closed |
|
|
AF
259
Allworth Financial
Folsom,
California
| – | -$366 | -9 | Closed |
|
|
RAM
260
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$271 | -7 | Closed |
|
|
GLR
261
Great Lakes Retirement
Sandusky,
Ohio
| – | -$77 | -2 | Closed |
|
SSTK Hedge Fund Activity: Q3 2024 in Review
234 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q3 2024, worth a combined $959M — down 21% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SSTK positions and 28 closed out — a net gain of 13 holders — while 78 added to existing stakes and 85 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $8.85M. The largest seller was TD Asset Management, exiting entirely with an estimated $69.4M sold.
- 234 institutional investors held Shutterstock (SSTK) as of Q3 2024, up from 222 in Q2 2024.
- Funds reported $959M of Shutterstock stock for Q3 2024, down 21% quarter-over-quarter.
- 41 funds opened new Shutterstock positions in Q3 2024 and 28 closed out, a net change of +13 holders.
- The largest Shutterstock buyer in Q3 2024 was Hotchkis & Wiley Capital Management, an estimated $8.85M added.
- The largest Shutterstock seller in Q3 2024 was TD Asset Management, an estimated $69.4M sold.
Based on aggregated 13F filings for Q3 2024.