Shutterstock
SSTK
123 hedge funds and large institutions have $1.58B invested in Shutterstock in 2015 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 66 increasing their positions, 27 reducing their positions, and 13 closing their positions.
144% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 27
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
9.81% more ownership
Funds ownership: 65.59% → 75.4% (+9.8%)
4% more funds holding
Funds holding: 118 → 123 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $1.6B → $1.58B (-$19.4M)
78% less call options, than puts
Call options by funds: $4.95M | Put options by funds: $22.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$70.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$38.5M |
| 3 |
JP Morgan Chase
New York
|
+$28.2M |
| 4 |
Morgan Stanley
New York
|
+$25.8M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$23M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
-$11.2M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$7.43M |
| 4 |
FAM
Fred Alger Management
New York
|
-$5.28M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SO
126
STRS Ohio
Columbus,
Ohio
| – | -$947K | -13,800 | Closed |
|
|
LCM
127
Landscape Capital Management
Englewood,
New Jersey
| – | -$639K | -9,300 | Closed |
|
|
SPM
128
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$618K | -9,000 | Closed |
|
|
CSS
129
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$401K | -5,845 | Closed |
|
|
HIP
130
Hatteras Investment Partners
Raleigh,
North Carolina
| – | -$295K | -4,300 | Closed |
|
131
ProShare Advisors
Bethesda,
Maryland
| – | -$202K | -2,940 | Closed |
|
132
Walleye Trading
New York
| – | -$84.4K | -1,291 | Closed |
|
|
JIM
133
Jupiter Investment Management
London,
United Kingdom
| – | -$17K | -254 | Closed |
|
|
TDC
134
Thompson Davis & Co
Richmond,
Virginia
| – | -$17K | -250 | Closed |
|
|
SEC
135
Seven Eight Capital
New York
| – | -$14K | -200 | Closed |
|
SSTK Hedge Fund Activity: Q2 2015 in Review
123 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q2 2015, worth a combined $1.58B — down 1.2% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SSTK positions and 13 closed out — a net gain of 5 holders — while 66 added to existing stakes and 27 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $70.5M. The largest seller was Fidelity Investments, cutting an estimated $23M.
- 123 institutional investors held Shutterstock (SSTK) as of Q2 2015, up from 118 in Q1 2015.
- Funds reported $1.58B of Shutterstock stock for Q2 2015, down 1.2% quarter-over-quarter.
- 18 funds opened new Shutterstock positions in Q2 2015 and 13 closed out, a net change of +5 holders.
- The largest Shutterstock buyer in Q2 2015 was Wellington Management Group, an estimated $70.5M added.
- The largest Shutterstock seller in Q2 2015 was Fidelity Investments, an estimated $23M sold.
Based on aggregated 13F filings for Q2 2015.