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Shutterstock

118 hedge funds and large institutions have $1.6B invested in Shutterstock in 2015 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 30 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 30

9% more capital invested

Capital invested by funds: $1.47B → $1.6B (+$136M)

5.54% more ownership

Funds ownership: 60.06%65.59% (+5.5%)

2% more funds holding

Funds holding: 116118 (+2)

10% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 21

15% less call options, than puts

Call options by funds: $4.45M | Put options by funds: $5.24M

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
118
Holders Change
+2
Holders Change %
+1.72%
% of All Funds
3.14%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
23
Increased
49
Reduced
30
Closed
21
Calls
$4.45M
Puts
$5.24M
Net Calls
-$786K
Net Calls Change
+$2.36M
Name Holding Trade Value Shares
Change
Change in
Stake
Walleye Trading
101
Walleye Trading
New York
$89K -$30K -494 -28%
Simplex Trading
102
Simplex Trading
Illinois
$78K +$69.4K +1,143 New
PAM
103
Panagora Asset Management
Massachusetts
$74K -$19.7K -325 -23%
Parallax Volatility Advisers
104
Parallax Volatility Advisers
California
$58K +$51.7K +851 New
TRCT
105
Tower Research Capital (TRC)
New York
$39K +$34.1K +561 New
BlackRock
106
BlackRock
New York
$31K
BNP Paribas Financial Markets
107
BNP Paribas Financial Markets
France
$24.7K +$21.9K +360 New
JIM
108
Jupiter Investment Management
United Kingdom
$17K -$2.2M -36,300 -99%
TDC
109
Thompson Davis & Co
Virginia
$17K
SEC
110
Seven Eight Capital
New York
$14K +$12.1K +200 New
Bank of America
111
Bank of America
North Carolina
$8K -$33.2K -547 -83%
LTFS
112
Ladenburg Thalmann Financial Services
Florida
$7K
GWS
113
Glassman Wealth Services
Virginia
$5K
PNC Financial Services Group
114
PNC Financial Services Group
Pennsylvania
$3K
CCM
115
Cupps Capital Management
Illinois
$2K -$2.84M -46,698 -100%
MFS
116
MSI Financial Services
Massachusetts
$1K
Manulife (Manufacturers Life Insurance)
117
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$725 +$23.5K +387 +4%
NCGI
118
Next Century Growth Investors
Minnesota
-$53M -766,613 Closed
LSCM
119
Light Street Capital Management
California
-$15.5M -225,000 Closed
Lord, Abbett & Co
120
Lord, Abbett & Co
New Jersey
-$12.2M -176,640 Closed
RFC
121
Russell Frank Company
Washington
-$7.06M -100,823 Closed
CIP
122
Chartwell Investment Partners
Pennsylvania
-$6.82M -98,675 Closed
Nomura Holdings
123
Nomura Holdings
Japan
-$4.05M -58,730 Closed
American Century Companies
124
American Century Companies
Missouri
-$2.73M -39,574 Closed
TIAAOA
125
Teachers Insurance & Annuity Association of America
New York
-$1.51M -21,807 Closed

SSTK Hedge Fund Activity: Q1 2015 in Review

118 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q1 2015, worth a combined $1.6B — up 9.3% from $1.47B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new SSTK positions and 21 closed out — a net gain of 2 holders — while 49 added to existing stakes and 30 trimmed.

The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $62.7M. The largest seller was Next Century Growth Investors, exiting entirely with an estimated $53M sold.

  • 118 institutional investors held Shutterstock (SSTK) as of Q1 2015, up from 116 in Q4 2014.
  • Funds reported $1.6B of Shutterstock stock for Q1 2015, up 9.3% quarter-over-quarter.
  • 23 funds opened new Shutterstock positions in Q1 2015 and 21 closed out, a net change of +2 holders.
  • The largest Shutterstock buyer in Q1 2015 was Kayne Anderson Rudnick Investment Management, an estimated $62.7M added.
  • The largest Shutterstock seller in Q1 2015 was Next Century Growth Investors, an estimated $53M sold.

Based on aggregated 13F filings for Q1 2015.