Shutterstock
SSTK
114 hedge funds and large institutions have $779M invested in Shutterstock in 2015 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 31 reducing their positions, and 22 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 31
5% more capital invested
Capital invested by funds: $741M → $779M (+$37.7M)
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
1% more funds holding
Funds holding: 113 → 114 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.24% less ownership
Funds ownership: 68.05% → 66.8% (-1.2%)
43% less call options, than puts
Call options by funds: $3.37M | Put options by funds: $5.86M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$29.2M |
| 2 |
Morgan Stanley
New York
|
+$22.3M |
| 3 |
SC
Samlyn Capital
New York
|
+$9.41M |
| 4 |
Renaissance Technologies
New York
|
+$8.41M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$6.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$28.1M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$24.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$14.6M |
| 5 |
JP Morgan Chase
New York
|
-$14.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
126
Laurion Capital Management
New York
| – | -$296K | -9,800 | Closed |
|
|
SCM
127
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$264K | -8,728 | Closed |
|
|
AL
128
Airain Ltd
St. Peter Port,
Guernsey
| – | -$226K | -7,490 | Closed |
|
129
Nomura Holdings
Tokyo,
Japan
| – | -$238K | -7,196 | Closed |
|
130
SG Americas Securities
New York
| – | -$114K | -3,776 | Closed |
|
131
Group One Trading
Chicago,
Illinois
| – | -$62.5K | -1,900 | Closed |
|
132
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$11K | -352 | Closed |
|
|
LTFS
133
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$9.88K | -300 | Closed |
|
|
PMFA
134
Plante Moran Financial Advisors
Southfield,
Michigan
| – | +$461 | +14 | New |
|
SSTK Hedge Fund Activity: Q4 2015 in Review
114 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q4 2015, worth a combined $779M — up 5.1% from $741M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SSTK positions and 22 closed out — a net gain of 1 holder — while 43 added to existing stakes and 31 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $29.2M. The largest seller was Bank of Montreal, cutting an estimated $28.1M.
- 114 institutional investors held Shutterstock (SSTK) as of Q4 2015, up from 113 in Q3 2015.
- Funds reported $779M of Shutterstock stock for Q4 2015, up 5.1% quarter-over-quarter.
- 23 funds opened new Shutterstock positions in Q4 2015 and 22 closed out, a net change of +1 holder.
- The largest Shutterstock buyer in Q4 2015 was Kayne Anderson Rudnick Investment Management, an estimated $29.2M added.
- The largest Shutterstock seller in Q4 2015 was Bank of Montreal, an estimated $28.1M sold.
Based on aggregated 13F filings for Q4 2015.