Shutterstock
SSTK
256 hedge funds and large institutions have $1.89B invested in Shutterstock in 2023 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 87 increasing their positions, 86 reducing their positions, and 32 closing their positions.
78% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 32
44% more capital invested
Capital invested by funds: $1.32B → $1.89B (+$577M)
10% more funds holding
Funds holding: 233 → 256 (+23)
1% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 86
0.31% more ownership
Funds ownership: 72.09% → 72.4% (+0.31%)
3% less call options, than puts
Call options by funds: $2.06M | Put options by funds: $2.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$40.2M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$17.7M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$15.2M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$15.1M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$24M |
| 2 |
Millennium Management
New York
|
-$22.8M |
| 3 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$20M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$19.4M |
| 5 |
D.E. Shaw & Co
New York
|
-$17.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
AQR Capital Management
Greenwich,
Connecticut
| – | -$271K | -5,140 | Closed |
|
277
Fidelity International
Hamilton,
Bermuda
| – | -$226K | -4,293 | Closed |
|
|
DCM
278
Dupont Capital Management
Wilmington,
Delaware
| – | -$205K | -3,879 | Closed |
|
|
DT
279
Diversified Trust
Memphis,
Tennessee
| – | -$202K | -3,841 | Closed |
|
280
Group One Trading
Chicago,
Illinois
| – | -$89.6K | -1,281 | Closed |
|
|
MFG
281
Mendota Financial Group
Madison,
Wisconsin
| – | -$44K | -835 | Closed |
|
|
CS
282
Comerica Securities
Detroit,
Michigan
| – | -$16.1K | -306 | Closed |
|
|
SWA
283
Sutton Wealth Advisors
Tampa,
Florida
| – | -$12.6K | -239 | Closed |
|
|
HNWAG
284
High Net Worth Advisory Group
Naples,
Florida
| – | -$7.91K | -150 | Closed |
|
|
IA
285
IFP Advisors
Tampa,
Florida
| – | -$6K | -104 | Closed |
|
|
ACM
286
Aquatic Capital Management
Chicago,
Illinois
| – | -$5K | -100 | Closed |
|
287
Simplex Trading
Chicago,
Illinois
| – | -$1.26K | -18 | Closed |
|
288
National Bank of Canada
Montreal,
Quebec, Canada
| – | +$839 | +12 | New |
|
SSTK Hedge Fund Activity: Q1 2023 in Review
256 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q1 2023, worth a combined $1.89B — up 44% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SSTK positions and 32 closed out — a net gain of 25 holders — while 87 added to existing stakes and 86 trimmed.
The largest buyer was BlackRock, adding an estimated $40.2M. The largest seller was Norges Bank, cutting an estimated $24M.
- 256 institutional investors held Shutterstock (SSTK) as of Q1 2023, up from 233 in Q4 2022.
- Funds reported $1.89B of Shutterstock stock for Q1 2023, up 44% quarter-over-quarter.
- 57 funds opened new Shutterstock positions in Q1 2023 and 32 closed out, a net change of +25 holders.
- The largest Shutterstock buyer in Q1 2023 was BlackRock, an estimated $40.2M added.
- The largest Shutterstock seller in Q1 2023 was Norges Bank, an estimated $24M sold.
Based on aggregated 13F filings for Q1 2023.