Shutterstock
SSTK
120 hedge funds and large institutions have $1.37B invested in Shutterstock in 2014 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 51 increasing their positions, 33 reducing their positions, and 14 closing their positions.
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
55% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 33
7% more funds holding
Funds holding: 112 → 120 (+8)
0.11% more ownership
Funds ownership: 53.63% → 53.74% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $1.57B → $1.37B (-$201M)
44% less call options, than puts
Call options by funds: $2.3M | Put options by funds: $4.11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$85.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$67.7M |
| 3 |
O
OppenheimerFunds
New York
|
+$15.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.3M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IHG
Insight Holdings Group
New York
|
-$84.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$36.2M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$22.4M |
| 5 |
CCI
Columbus Circle Investors
|
-$22.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
126
PDT Partners
New York
| – | -$834K | -9,978 | Closed |
|
|
AA
127
ALPS Advisors
Denver,
Colorado
| – | -$671K | -8,324 | Closed |
|
|
GC
128
Guggenheim Capital
Chicago,
Illinois
| – | -$475K | -5,679 | Closed |
|
129
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$203K | -2,406 | Closed |
|
|
IRS
130
Invictus RG (Singapore)
Singapore
| – | -$151K | -1,800 | Closed |
|
|
AP
131
Advisors Preferred
Rockville,
Maryland
| – | -$30K | -364 | Closed |
|
|
BJ
132
BlackRock Japan
Tokyo,
Japan
| – | -$28K | -339 | Closed |
|
|
PG
133
PEAK6 Group
Chicago,
Illinois
| – | -$17.2K | -204 | Closed |
|
134
BNP Paribas Financial Markets
Paris,
France
| – | -$8.03K | -96 | Closed |
|
SSTK Hedge Fund Activity: Q1 2014 in Review
120 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q1 2014, worth a combined $1.37B — down 13% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SSTK positions and 14 closed out — a net gain of 10 holders — while 51 added to existing stakes and 33 trimmed.
The largest buyer was Macquarie Group, adding an estimated $85.6M. The largest seller was Insight Holdings Group, cutting an estimated $84.5M.
- 120 institutional investors held Shutterstock (SSTK) as of Q1 2014, up from 112 in Q4 2013.
- Funds reported $1.37B of Shutterstock stock for Q1 2014, down 13% quarter-over-quarter.
- 24 funds opened new Shutterstock positions in Q1 2014 and 14 closed out, a net change of +10 holders.
- The largest Shutterstock buyer in Q1 2014 was Macquarie Group, an estimated $85.6M added.
- The largest Shutterstock seller in Q1 2014 was Insight Holdings Group, an estimated $84.5M sold.
Based on aggregated 13F filings for Q1 2014.