Shutterstock
SSTK
225 hedge funds and large institutions have $1.08B invested in Shutterstock in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 89 increasing their positions, 98 reducing their positions, and 52 closing their positions.
56% more call options, than puts
Call options by funds: $37.4M | Put options by funds: $24M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 98
6.41% less ownership
Funds ownership: 83.59% → 77.18% (-6.4%)
11% less funds holding
Funds holding: 254 → 225 (-29)
26% less capital invested
Capital invested by funds: $1.45B → $1.08B (-$370M)
56% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$40.8M |
| 2 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$29.8M |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$14.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.5M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$8.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$39.6M |
| 2 |
Millennium Management
New York
|
-$24.3M |
| 3 |
Man Group
London,
United Kingdom
|
-$24.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$19.8M |
| 5 |
Renaissance Technologies
New York
|
-$16.9M |
SSTK Hedge Fund Activity: Q3 2023 in Review
225 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q3 2023, worth a combined $1.08B — down 26% from $1.45B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of SSTK and 23 opened new positions — a net loss of 29 holders — while 98 trimmed existing stakes and 89 added.
The largest buyer was LSV Asset Management, adding an estimated $40.8M. The largest seller was Macquarie Group, cutting an estimated $39.6M.
- 225 institutional investors held Shutterstock (SSTK) as of Q3 2023, down from 254 in Q2 2023.
- Funds reported $1.08B of Shutterstock stock for Q3 2023, down 26% quarter-over-quarter.
- 23 funds opened new Shutterstock positions in Q3 2023 and 52 closed out, a net change of -29 holders.
- The largest Shutterstock buyer in Q3 2023 was LSV Asset Management, an estimated $40.8M added.
- The largest Shutterstock seller in Q3 2023 was Macquarie Group, an estimated $39.6M sold.
Based on aggregated 13F filings for Q3 2023.