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105 hedge funds and large institutions have $1.28B invested in Shutterstock in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 44 increasing their positions, 20 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

230% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 10

120% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 20

86% more capital invested

Capital invested by funds: $689M → $1.28B (+$596M)

28% more funds holding

Funds holding: 82105 (+23)

14.1% more ownership

Funds ownership: 36.82%50.92% (+14%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
105
Holders Change
+23
Holders Change %
+28.05%
% of All Funds
3.4%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
33
Increased
44
Reduced
20
Closed
10
Calls
$1.3M
Puts
Net Calls
+$1.3M
Net Calls Change
+$1.3M
Name Holding Trade Value Shares
Change
Change in
Stake
SFM
51
Soros Fund Management
New York
$1.69M +$1.32M +23,200 New
LMF
52
LMR Master Fund
Cayman Islands
$1.67M +$1.31M +23,000 New
BIM
53
BlackRock Investment Management
Delaware
$1.63M +$54.9K +961 +4%
NTCOC
54
Northern Trust Company of Connecticut
Connecticut
$1.59M -$59.1K -1,036 -5%
RA
55
Royce & Associates
New York
$1.58M
Nomura Holdings
56
Nomura Holdings
Japan
$1.45M +$1.14M +19,971 New
Charles Schwab
57
Charles Schwab
California
$1.42M +$195K +3,424 +22%
PP
58
PDT Partners
New York
$1.41M +$249K +4,366 +29%
Deutsche Bank
59
Deutsche Bank
Germany
$1.38M +$724K +12,674 +202%
Jacobs Levy Equity Management
60
Jacobs Levy Equity Management
New Jersey
$1.24M +$970K +17,000 New
FMT
61
First Mercantile Trust
Tennessee
$1.05M +$442K +7,751 +117%
DT
62
Diversified Trust
Tennessee
$985K +$110K +1,921 +17%
California State Teachers Retirement System (CalSTRS)
63
California State Teachers Retirement System (CalSTRS)
California
$961K +$17.1K +300 +2%
SO
64
STRS Ohio
Ohio
$960K +$554K +9,700 +277%
EWM
65
Evercore Wealth Management
New York
$935K +$734K +12,850 New
TA
66
Teachers Advisors
New York
$789K +$6.62K +116 +1%
Tudor Investment Corp
67
Tudor Investment Corp
Connecticut
$727K +$571K +10,000 New
Swiss National Bank
68
Swiss National Bank
Switzerland
$705K +$171K +3,000 +45%
TCM
69
Timpani Capital Management
Wisconsin
$656K +$515K +9,015 New
CS
70
Credit Suisse
Switzerland
$635K -$1.21M -21,187 -71%
State Board of Administration of Florida Retirement System
71
State Board of Administration of Florida Retirement System
Florida
$623K
PNC Financial Services Group
72
PNC Financial Services Group
Pennsylvania
$599K +$233K +4,078 +98%
GH
73
GAM Holding
Switzerland
$586K +$460K +8,060 New
RhumbLine Advisers
74
RhumbLine Advisers
Massachusetts
$564K +$12.7K +223 +3%
Susquehanna International Group
75
Susquehanna International Group
Pennsylvania
$496K +$389K +6,819 New

SSTK Hedge Fund Activity: Q3 2013 in Review

105 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q3 2013, worth a combined $1.28B — up 86% from $689M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new SSTK positions and 10 closed out — a net gain of 23 holders — while 44 added to existing stakes and 20 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $128M. The largest seller was Insight Holdings Group, cutting an estimated $91.9M.

  • 105 institutional investors held Shutterstock (SSTK) as of Q3 2013, up from 82 in Q2 2013.
  • Funds reported $1.28B of Shutterstock stock for Q3 2013, up 86% quarter-over-quarter.
  • 33 funds opened new Shutterstock positions in Q3 2013 and 10 closed out, a net change of +23 holders.
  • The largest Shutterstock buyer in Q3 2013 was Fidelity Investments, an estimated $128M added.
  • The largest Shutterstock seller in Q3 2013 was Insight Holdings Group, an estimated $91.9M sold.

Based on aggregated 13F filings for Q3 2013.