Shutterstock
SSTK
196 hedge funds and large institutions have $449M invested in Shutterstock in 2025 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 64 increasing their positions, 75 reducing their positions, and 57 closing their positions.
10% less funds holding
Funds holding: 218 → 196 (-22)
10.54% less ownership
Funds ownership: 79.5% → 68.96% (-11%)
15% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 75
37% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 57
47% less capital invested
Capital invested by funds: $841M → $449M (-$392M)
56% less call options, than puts
Call options by funds: $181K | Put options by funds: $412K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$15.4M |
| 2 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$11.2M |
| 3 |
Millennium Management
New York
|
+$8.38M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$7.27M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$40.6M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$25.8M |
| 3 |
RA
Royce & Associates
New York
|
-$25.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$12.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$8.43M |
SSTK Hedge Fund Activity: Q1 2025 in Review
196 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q1 2025, worth a combined $449M — down 47% from $841M a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of SSTK and 36 opened new positions — a net loss of 21 holders — while 75 trimmed existing stakes and 64 added.
The largest buyer was Alpine Associates Management, opening a new position worth an estimated $15.4M. The largest seller was Copeland Capital Management, cutting an estimated $40.6M.
- 196 institutional investors held Shutterstock (SSTK) as of Q1 2025, down from 218 in Q4 2024.
- Funds reported $449M of Shutterstock stock for Q1 2025, down 47% quarter-over-quarter.
- 36 funds opened new Shutterstock positions in Q1 2025 and 57 closed out, a net change of -21 holders.
- The largest Shutterstock buyer in Q1 2025 was Alpine Associates Management, an estimated $15.4M added.
- The largest Shutterstock seller in Q1 2025 was Copeland Capital Management, an estimated $40.6M sold.
Based on aggregated 13F filings for Q1 2025.