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120 hedge funds and large institutions have $1.54B invested in Shutterstock in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 38 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

36% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 14

34% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 38

3% more funds holding

Funds holding: 116120 (+4)

0.2% less ownership

Funds ownership: 61.38%61.18% (-0.2%)

14% less capital invested

Capital invested by funds: $1.79B → $1.54B (-$250M)

21% less call options, than puts

Call options by funds: $4.29M | Put options by funds: $5.42M

Holders
120
Holders Change
+4
Holders Change %
+3.45%
% of All Funds
3.48%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
19
Increased
51
Reduced
38
Closed
14
Calls
$4.29M
Puts
$5.42M
Net Calls
-$1.13M
Net Calls Change
-$82K
Name Holding Trade Value Shares
Change
Change in
Stake
SIMG
26
Stephens Investment Management Group
Texas
$12.6M -$14.1K -186 -0.1%
BIT
27
BlackRock Institutional Trust
California
$12.1M -$936K -12,329 -7%
Ameriprise
28
Ameriprise
Minnesota
$11.2M -$1.67M -21,965 -12%
NFA
29
Nationwide Fund Advisors
Ohio
$10.2M +$1.38M +18,122 +14%
CCI
30
Columbus Circle Investors
$9.54M +$215K +2,825 +2%
Citadel Advisors
31
Citadel Advisors
Florida
$8.67M +$4.59M +60,376 +99%
American Century Companies
32
American Century Companies
Missouri
$8.08M +$328K +4,324 +4%
CCM
33
Cupps Capital Management
Illinois
$7.99M -$3.37M -44,432 -28%
Invesco
34
Invesco
Georgia
$7.7M +$3.56M +46,866 +77%
Kayne Anderson Rudnick Investment Management
35
Kayne Anderson Rudnick Investment Management
California
$7.3M +$5.45M +71,781 +236%
RFC
36
Russell Frank Company
Washington
$7.15M +$1.44M +18,974 +23%
JHIU
37
Janus Henderson Investors US
Colorado
$6.97M -$56.8K -748 -0.8%
Bank of New York Mellon
38
Bank of New York Mellon
New York
$5.97M -$203K -2,679 -3%
Millennium Management
39
Millennium Management
New York
$5.62M +$5.98M +78,726 New
Geode Capital Management
40
Geode Capital Management
Massachusetts
$5.47M +$1.5M +19,775 +35%
TCIM
41
TIAA CREF Investment Management
New York
$4.41M -$72.2K -951 -2%
Norges Bank
42
Norges Bank
Norway
$3.81M +$2.25M +29,600 +124%
ROTUOC
43
Regents of the University of California
California
$3.68M +$3.92M +51,548 New
STC
44
SEI Trust Company
Pennsylvania
$3.57M +$129K +1,703 +4%
DIA
45
Denver Investment Advisors
Colorado
$3.55M +$1.57M +20,658 +71%
Barclays
46
Barclays
United Kingdom
$3.33M +$67.5K +889 +2%
BIM
47
BlackRock Investment Management
Delaware
$2.98M +$14.6K +192 +0.5%
AQR Capital Management
48
AQR Capital Management
Connecticut
$2.94M +$486K +6,400 +18%
Charles Schwab
49
Charles Schwab
California
$2.9M +$336K +4,425 +12%
TC
50
TFS Capital
Pennsylvania
$2.7M +$2.87M +37,801 New

SSTK Hedge Fund Activity: Q3 2014 in Review

120 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q3 2014, worth a combined $1.54B — down 14% from $1.79B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new SSTK positions and 14 closed out — a net gain of 5 holders — while 51 added to existing stakes and 38 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $16.2M. The largest seller was Insight Holdings Group, cutting an estimated $98.7M.

  • 120 institutional investors held Shutterstock (SSTK) as of Q3 2014, up from 116 in Q2 2014.
  • Funds reported $1.54B of Shutterstock stock for Q3 2014, down 14% quarter-over-quarter.
  • 19 funds opened new Shutterstock positions in Q3 2014 and 14 closed out, a net change of +5 holders.
  • The largest Shutterstock buyer in Q3 2014 was T. Rowe Price Associates, an estimated $16.2M added.
  • The largest Shutterstock seller in Q3 2014 was Insight Holdings Group, an estimated $98.7M sold.

Based on aggregated 13F filings for Q3 2014.