Shutterstock
SSTK
147 hedge funds and large institutions have $719M invested in Shutterstock in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 51 reducing their positions, and 18 closing their positions.
163% more call options, than puts
Call options by funds: $10M | Put options by funds: $3.82M
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
10% more capital invested
Capital invested by funds: $652M → $719M (+$67.7M)
4% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 51
0.74% more ownership
Funds ownership: 56.98% → 57.71% (+0.74%)
1% more funds holding
Funds holding: 146 → 147 (+1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$12.1M |
| 2 |
Renaissance Technologies
New York
|
+$10.3M |
| 3 |
ProShare Advisors
Bethesda,
Maryland
|
+$10.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$8.8M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$5.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$17.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.12M |
| 3 |
Man Group
London,
United Kingdom
|
-$3.3M |
| 4 |
Goldman Sachs
New York
|
-$3.29M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.26M |
SSTK Hedge Fund Activity: Q2 2020 in Review
147 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q2 2020, worth a combined $719M — up 10% from $652M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SSTK positions and 18 closed out — a net gain of 2 holders — while 53 added to existing stakes and 51 trimmed.
The largest buyer was BlackRock, adding an estimated $12.1M. The largest seller was ClearBridge Investments, exiting entirely with an estimated $17.6M sold.
- 147 institutional investors held Shutterstock (SSTK) as of Q2 2020, up from 146 in Q1 2020.
- Funds reported $719M of Shutterstock stock for Q2 2020, up 10% quarter-over-quarter.
- 20 funds opened new Shutterstock positions in Q2 2020 and 18 closed out, a net change of +2 holders.
- The largest Shutterstock buyer in Q2 2020 was BlackRock, an estimated $12.1M added.
- The largest Shutterstock seller in Q2 2020 was ClearBridge Investments, an estimated $17.6M sold.
Based on aggregated 13F filings for Q2 2020.