Shutterstock
SSTK
115 hedge funds and large institutions have $838M invested in Shutterstock in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 39 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
8% more capital invested
Capital invested by funds: $779M → $838M (+$59.1M)
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
5% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 39
4% more call options, than puts
Call options by funds: $4.32M | Put options by funds: $4.15M
1% more funds holding
Funds holding: 114 → 115 (+1)
1.8% less ownership
Funds ownership: 66.8% → 65.01% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$36.2M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$12.6M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$10.7M |
| 4 |
SC
Samlyn Capital
New York
|
+$10.1M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$8.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.8M |
| 2 |
Morgan Stanley
New York
|
-$21.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21.5M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$17.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$10.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
126
Virtu KCG Holdings
New York
| – | -$215K | -6,663 | Closed |
|
127
BNP Paribas Financial Markets
Paris,
France
| – | -$125K | -3,850 | Closed |
|
128
Citadel Advisors
Miami,
Florida
| – | -$20.2K | -625 | Closed |
|
129
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -69 | Closed |
|
130
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$2K | -61 | Closed |
|
|
LTFS
131
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$421 | +13 | New |
|
SSTK Hedge Fund Activity: Q1 2016 in Review
115 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q1 2016, worth a combined $838M — up 7.6% from $779M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SSTK positions and 19 closed out — a net gain of 1 holder — while 41 added to existing stakes and 39 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $36.2M. The largest seller was Fidelity Investments, cutting an estimated $26.8M.
- 115 institutional investors held Shutterstock (SSTK) as of Q1 2016, up from 114 in Q4 2015.
- Funds reported $838M of Shutterstock stock for Q1 2016, up 7.6% quarter-over-quarter.
- 20 funds opened new Shutterstock positions in Q1 2016 and 19 closed out, a net change of +1 holder.
- The largest Shutterstock buyer in Q1 2016 was Van Berkom & Associates, an estimated $36.2M added.
- The largest Shutterstock seller in Q1 2016 was Fidelity Investments, an estimated $26.8M sold.
Based on aggregated 13F filings for Q1 2016.