Shutterstock
SSTK
201 hedge funds and large institutions have $1.66B invested in Shutterstock in 2020 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 80 increasing their positions, 54 reducing their positions, and 18 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
144% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 18
124% more call options, than puts
Call options by funds: $17.3M | Put options by funds: $7.68M
48% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 54
34% more capital invested
Capital invested by funds: $1.24B → $1.66B (+$421M)
15% more funds holding
Funds holding: 175 → 201 (+26)
1.74% less ownership
Funds ownership: 65.64% → 63.9% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$12.3M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$10.6M |
| 3 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$10.1M |
| 4 |
Goldman Sachs
New York
|
+$10M |
| 5 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$9.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$74.6M |
| 2 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$19.7M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$19.2M |
| 4 |
D.E. Shaw & Co
New York
|
-$11.6M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$7.47M |
SSTK Hedge Fund Activity: Q4 2020 in Review
201 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q4 2020, worth a combined $1.66B — up 34% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new SSTK positions and 18 closed out — a net gain of 26 holders — while 80 added to existing stakes and 54 trimmed.
The largest buyer was ProShare Advisors, adding an estimated $12.3M. The largest seller was Van Berkom & Associates, exiting entirely with an estimated $74.6M sold.
- 201 institutional investors held Shutterstock (SSTK) as of Q4 2020, up from 175 in Q3 2020.
- Funds reported $1.66B of Shutterstock stock for Q4 2020, up 34% quarter-over-quarter.
- 44 funds opened new Shutterstock positions in Q4 2020 and 18 closed out, a net change of +26 holders.
- The largest Shutterstock buyer in Q4 2020 was ProShare Advisors, an estimated $12.3M added.
- The largest Shutterstock seller in Q4 2020 was Van Berkom & Associates, an estimated $74.6M sold.
Based on aggregated 13F filings for Q4 2020.