Shutterstock
SSTK
135 hedge funds and large institutions have $945M invested in Shutterstock in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 53 increasing their positions, 48 reducing their positions, and 33 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 48
9% more capital invested
Capital invested by funds: $865M → $945M (+$79.7M)
1.35% more ownership
Funds ownership: 60.68% → 62.03% (+1.3%)
4% less call options, than puts
Call options by funds: $7.31M | Put options by funds: $7.65M
12% less funds holding
Funds holding: 154 → 135 (-19)
55% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$32.5M |
| 2 |
ClearBridge Investments
New York
|
+$23.7M |
| 3 |
Bank of New York Mellon
New York
|
+$22.8M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$20.3M |
| 5 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$16.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$14.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.2M |
| 4 |
Renaissance Technologies
New York
|
-$9.01M |
| 5 |
Millennium Management
New York
|
-$7.02M |
SSTK Hedge Fund Activity: Q2 2017 in Review
135 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q2 2017, worth a combined $945M — up 9.2% from $865M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of SSTK and 15 opened new positions — a net loss of 18 holders — while 48 trimmed existing stakes and 53 added.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $32.5M. The largest seller was Macquarie Group, cutting an estimated $16.6M.
- 135 institutional investors held Shutterstock (SSTK) as of Q2 2017, down from 154 in Q1 2017.
- Funds reported $945M of Shutterstock stock for Q2 2017, up 9.2% quarter-over-quarter.
- 15 funds opened new Shutterstock positions in Q2 2017 and 33 closed out, a net change of -18 holders.
- The largest Shutterstock buyer in Q2 2017 was ArrowMark Colorado Holdings, an estimated $32.5M added.
- The largest Shutterstock seller in Q2 2017 was Macquarie Group, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2017.