Shutterstock
SSTK
156 hedge funds and large institutions have $936M invested in Shutterstock in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 66 increasing their positions, 41 reducing their positions, and 23 closing their positions.
155% more call options, than puts
Call options by funds: $22M | Put options by funds: $8.6M
61% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 41
0.04% more ownership
Funds ownership: 56.64% → 56.68% (+0.04%)
1% less capital invested
Capital invested by funds: $947M → $936M (-$11.3M)
5% less funds holding
Funds holding: 165 → 156 (-9)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
Norges Bank
Oslo,
Norway
|
+$18.2M |
| 2 |
Renaissance Technologies
New York
|
+$11.4M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$10.8M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$10.8M |
| 5 |
BlackRock
New York
|
+$8.18M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$30M |
| 2 |
STA
Summit Trail Advisors
New York
|
-$20.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.7M |
| 4 |
Two Sigma Investments
New York
|
-$7.37M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
-$4.9M |
SSTK Hedge Fund Activity: Q2 2018 in Review
156 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q2 2018, worth a combined $936M — down 1.2% from $947M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SSTK and 17 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 66 added.
The largest buyer was Norges Bank, adding an estimated $18.2M. The largest seller was Morgan Stanley, cutting an estimated $30M.
- 156 institutional investors held Shutterstock (SSTK) as of Q2 2018, down from 165 in Q1 2018.
- Funds reported $936M of Shutterstock stock for Q2 2018, down 1.2% quarter-over-quarter.
- 17 funds opened new Shutterstock positions in Q2 2018 and 23 closed out, a net change of -6 holders.
- The largest Shutterstock buyer in Q2 2018 was Norges Bank, an estimated $18.2M added.
- The largest Shutterstock seller in Q2 2018 was Morgan Stanley, an estimated $30M sold.
Based on aggregated 13F filings for Q2 2018.