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116 hedge funds and large institutions have $1.79B invested in Shutterstock in 2014 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 32 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

78% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 32

31% more capital invested

Capital invested by funds: $1.37B → $1.79B (+$424M)

7.64% more ownership

Funds ownership: 53.74%61.38% (+7.6%)

3% less funds holding

Funds holding: 120116 (-4)

15% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 26

30% less call options, than puts

Call options by funds: $2.44M | Put options by funds: $3.48M

Holders
116
Holders Change
-4
Holders Change %
-3.33%
% of All Funds
3.33%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
22
Increased
57
Reduced
32
Closed
26
Calls
$2.44M
Puts
$3.48M
Net Calls
-$1.05M
Net Calls Change
+$762K
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
26
Cupps Capital Management
Illinois
$13M -$9.74M -134,256 -46%
HLA
27
Hamilton Lane Advisors
Pennsylvania
$11.5M +$3.08M +42,470 +44%
CCI
28
Columbus Circle Investors
$10.9M +$2.04M +28,160 +27%
NFA
29
Nationwide Fund Advisors
Ohio
$10.4M +$1.61M +22,247 +22%
California Public Employees Retirement System
30
California Public Employees Retirement System
California
$10.2M +$1.47M +20,317 +20%
Northern Trust
31
Northern Trust
Illinois
$9.34M -$268K -3,686 -3%
American Century Companies
32
American Century Companies
Missouri
$9.04M +$3.69M +50,794 +87%
JHIU
33
Janus Henderson Investors US
Colorado
$8.17M +$2.14M +29,422 +43%
Bank of New York Mellon
34
Bank of New York Mellon
New York
$7.16M +$433K +5,968 +7%
RFC
35
Russell Frank Company
Washington
$6.22M +$1.05M +14,510 +22%
CONA
36
Capital One National Association
New York
$5.96M +$2.12M +29,154 +68%
TCIM
37
TIAA CREF Investment Management
New York
$5.2M +$2.29M +31,565 +101%
Citadel Advisors
38
Citadel Advisors
Florida
$5.06M -$10.5M -144,291 -70%
Invesco
39
Invesco
Georgia
$5.06M -$4.18M -57,527 -49%
Geode Capital Management
40
Geode Capital Management
Massachusetts
$4.72M -$379K -5,220 -8%
Balyasny Asset Management
41
Balyasny Asset Management
Illinois
$4.14M +$3.62M +49,900 New
STC
42
SEI Trust Company
Pennsylvania
$4.01M +$677K +9,325 +24%
DCM
43
Driehaus Capital Management
Illinois
$3.99M +$681K +9,380 +24%
Barclays
44
Barclays
United Kingdom
$3.77M +$661K +9,105 +25%
BIM
45
BlackRock Investment Management
Delaware
$3.45M +$1.42M +19,594 +89%
NIP
46
Nicholas Investment Partners
California
$3M +$2.63M +36,192 New
Charles Schwab
47
Charles Schwab
California
$3M +$843K +11,618 +47%
AQR Capital Management
48
AQR Capital Management
Connecticut
$2.88M +$472K +6,500 +23%
New York State Common Retirement Fund
49
New York State Common Retirement Fund
New York
$2.81M +$164K +2,254 +7%
SPM
50
Symmetry Peak Management
Pennsylvania
$2.81M +$2.46M +33,827 New

SSTK Hedge Fund Activity: Q2 2014 in Review

116 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q2 2014, worth a combined $1.79B — up 31% from $1.37B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of SSTK and 22 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 57 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $121M. The largest seller was Fidelity Investments, cutting an estimated $57.4M.

  • 116 institutional investors held Shutterstock (SSTK) as of Q2 2014, down from 120 in Q1 2014.
  • Funds reported $1.79B of Shutterstock stock for Q2 2014, up 31% quarter-over-quarter.
  • 22 funds opened new Shutterstock positions in Q2 2014 and 26 closed out, a net change of -4 holders.
  • The largest Shutterstock buyer in Q2 2014 was T. Rowe Price Associates, an estimated $121M added.
  • The largest Shutterstock seller in Q2 2014 was Fidelity Investments, an estimated $57.4M sold.

Based on aggregated 13F filings for Q2 2014.