Shutterstock
SSTK
155 hedge funds and large institutions have $1.09B invested in Shutterstock in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 64 increasing their positions, 50 reducing their positions, and 19 closing their positions.
58% more call options, than puts
Call options by funds: $15M | Put options by funds: $9.5M
28% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 50
16% more capital invested
Capital invested by funds: $936M → $1.09B (+$152M)
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
0.43% more ownership
Funds ownership: 56.68% → 57.12% (+0.43%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 156 → 155 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$17.5M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$9.76M |
| 3 |
Renaissance Technologies
New York
|
+$9.69M |
| 4 |
State Street
Boston,
Massachusetts
|
+$8.96M |
| 5 |
Morgan Stanley
New York
|
+$8.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$39M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.2M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$7.69M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$7.19M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.96M |
SSTK Hedge Fund Activity: Q3 2018 in Review
155 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q3 2018, worth a combined $1.09B — up 16% from $936M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SSTK positions and 19 closed out — a net gain of 1 holder — while 64 added to existing stakes and 50 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $17.5M. The largest seller was Jackson Square Partners, exiting entirely with an estimated $39M sold.
- 155 institutional investors held Shutterstock (SSTK) as of Q3 2018, down from 156 in Q2 2018.
- Funds reported $1.09B of Shutterstock stock for Q3 2018, up 16% quarter-over-quarter.
- 20 funds opened new Shutterstock positions in Q3 2018 and 19 closed out, a net change of +1 holder.
- The largest Shutterstock buyer in Q3 2018 was ClearBridge Investments, an estimated $17.5M added.
- The largest Shutterstock seller in Q3 2018 was Jackson Square Partners, an estimated $39M sold.
Based on aggregated 13F filings for Q3 2018.