Shutterstock
SSTK
112 hedge funds and large institutions have $1.57B invested in Shutterstock in 2013 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 47 increasing their positions, 36 reducing their positions, and 17 closing their positions.
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
31% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 36
22% more capital invested
Capital invested by funds: $1.28B → $1.57B (+$285M)
7% more funds holding
Funds holding: 105 → 112 (+7)
2.7% more ownership
Funds ownership: 50.92% → 53.63% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
32% less call options, than puts
Call options by funds: $1.97M | Put options by funds: $2.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$29.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$26.5M |
| 3 |
BAMCO Inc
New York
|
+$18.3M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$13.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$14.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$12.3M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$12.1M |
| 4 |
BTP
Bloom Tree Partners
New York
|
-$10.6M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
126
Tower Research Capital (TRC)
New York
| – | -$103K | -1,413 | Closed |
|
|
SL
127
SIB LLC
New York,
New York
| – | -$73K | -1,000 | Closed |
|
128
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$37K | -507 | Closed |
|
|
SSG
129
Summit Securities Group
New York
| – | -$6K | -80 | Closed |
|
SSTK Hedge Fund Activity: Q4 2013 in Review
112 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q4 2013, worth a combined $1.57B — up 22% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SSTK positions and 17 closed out — a net gain of 7 holders — while 47 added to existing stakes and 36 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $29.1M. The largest seller was Massachusetts Financial Services, cutting an estimated $14.8M.
- 112 institutional investors held Shutterstock (SSTK) as of Q4 2013, up from 105 in Q3 2013.
- Funds reported $1.57B of Shutterstock stock for Q4 2013, up 22% quarter-over-quarter.
- 24 funds opened new Shutterstock positions in Q4 2013 and 17 closed out, a net change of +7 holders.
- The largest Shutterstock buyer in Q4 2013 was AllianceBernstein, an estimated $29.1M added.
- The largest Shutterstock seller in Q4 2013 was Massachusetts Financial Services, an estimated $14.8M sold.
Based on aggregated 13F filings for Q4 2013.