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Shutterstock

158 hedge funds and large institutions have $1.29B invested in Shutterstock in 2016 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 62 increasing their positions, 37 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 22

68% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 37

60% more call options, than puts

Call options by funds: $21.1M | Put options by funds: $13.2M

17% more capital invested

Capital invested by funds: $1.11B → $1.29B (+$185M)

16% more funds holding

Funds holding: 136158 (+22)

10.79% less ownership

Funds ownership: 68.96%58.17% (-11%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
158
Holders Change
+22
Holders Change %
+16.18%
% of All Funds
4.22%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
46
Increased
62
Reduced
37
Closed
22
Calls
$21.1M
Puts
$13.2M
Net Calls
+$7.9M
Net Calls Change
+$4.87M
Name Holding Trade Value Shares
Change
Change in
Stake
BA
101
BlackRock Advisors
Delaware
$632K -$1.44M -25,056 -72%
Thrivent Financial for Lutherans
102
Thrivent Financial for Lutherans
Minnesota
$620K +$47.1K +820 +9%
UBS AM
103
UBS AM
Illinois
$616K +$69K +1,200 +14%
WB
104
WesBanco Bank
West Virginia
$615K
UBS Group
105
UBS Group
Switzerland
$594K +$50.5K +878 +10%
Wolverine Trading
106
Wolverine Trading
Illinois
$575K +$526K +9,150 New
Credit Agricole
107
Credit Agricole
France
$548K +$138K +2,400 +39%
LSERS
108
Louisiana State Employees Retirement System
Louisiana
$541K +$5.75K +100 +1%
AI
109
Analytic Investors
California
$518K +$468K +8,132 New
TRSOTSOK
110
Teachers Retirement System of the State of Kentucky
Kentucky
$510K +$460K +8,000 New
GS
111
GAM Systematic
United Kingdom
$481K +$322K +5,592 +286%
VKH
112
Virtu KCG Holdings
New York
$436K +$394K +6,850 New
Bank of Montreal
113
Bank of Montreal
Ontario, Canada
$384K +$21.4K +373 +7%
KeyBank National Association
114
KeyBank National Association
Ohio
$367K
CAM
115
Capstone Asset Management
Texas
$364K +$329K +5,716 New
VRS
116
Virginia Retirement Systems
Virginia
$357K
RG
117
Renaissance Group
Kentucky
$352K -$123K -2,139 -28%
GC
118
Guggenheim Capital
Illinois
$351K +$317K +5,512 New
Cambridge Investment Research Advisors
119
Cambridge Investment Research Advisors
Iowa
$343K +$309K +5,382 New
WEC
120
Winslow Evans & Crocker
Massachusetts
$326K +$295K +5,126 New
O
121
OppenheimerFunds
New York
$273K -$1.33M -23,177 -84%
MERSOM
122
Municipal Employees' Retirement System of Michigan
Michigan
$266K +$240K +4,180 New
DADC
123
D.A. Davidson & Co
Montana
$256K +$6.33K +110 +3%
CGH
124
Crossmark Global Holdings
Texas
$256K +$442K +7,686 New
ZIM
125
Zacks Investment Management
Illinois
$255K +$230K +4,003 New

SSTK Hedge Fund Activity: Q3 2016 in Review

158 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q3 2016, worth a combined $1.29B — up 17% from $1.11B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new SSTK positions and 22 closed out — a net gain of 24 holders — while 62 added to existing stakes and 37 trimmed.

The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $47M. The largest seller was Macquarie Group, cutting an estimated $144M.

  • 158 institutional investors held Shutterstock (SSTK) as of Q3 2016, up from 136 in Q2 2016.
  • Funds reported $1.29B of Shutterstock stock for Q3 2016, up 17% quarter-over-quarter.
  • 46 funds opened new Shutterstock positions in Q3 2016 and 22 closed out, a net change of +24 holders.
  • The largest Shutterstock buyer in Q3 2016 was Lord, Abbett & Co, an estimated $47M added.
  • The largest Shutterstock seller in Q3 2016 was Macquarie Group, an estimated $144M sold.

Based on aggregated 13F filings for Q3 2016.