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Shutterstock

175 hedge funds and large institutions have $1.24B invested in Shutterstock in 2020 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 69 increasing their positions, 40 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 18

73% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 40

72% more capital invested

Capital invested by funds: $719M → $1.24B (+$517M)

62% more call options, than puts

Call options by funds: $9.75M | Put options by funds: $6.02M

19% more funds holding

Funds holding: 147175 (+28)

7.93% more ownership

Funds ownership: 57.71%65.64% (+7.9%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
175
Holders Change
+28
Holders Change %
+19.05%
% of All Funds
3.53%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
46
Increased
69
Reduced
40
Closed
18
Calls
$9.75M
Puts
$6.02M
Net Calls
+$3.73M
Net Calls Change
-$2.5M
Name Holding Trade Value Shares
Change
Change in
Stake
SFI
126
Susquehanna Fundamental Investments
Pennsylvania
$328K
ZCM
127
Zebra Capital Management
Connecticut
$321K +$294K +6,184 New
ASRS
128
Arizona State Retirement System
Arizona
$308K +$281K +5,913 New
AIM
129
Allen Investment Management
New York
$286K +$261K +5,500 New
CAM
130
CenterStar Asset Management
Illinois
$285K
ECM
131
ExodusPoint Capital Management
New York
$276K -$552K -11,617 -69%
Victory Capital Management
132
Victory Capital Management
Texas
$270K -$29.7K -626 -11%
ECM
133
Everence Capital Management
Indiana
$257K +$235K +4,940 New
LPL Financial
134
LPL Financial
California
$239K +$218K +4,591 New
Commonwealth Equity Services
135
Commonwealth Equity Services
Massachusetts
$224K +$205K +4,309 New
PTC
136
Petrus Trust Company
Texas
$202K +$184K +3,875 New
Rafferty Asset Management
137
Rafferty Asset Management
New York
$200K +$183K +3,852 New
Robeco Institutional Asset Management
138
Robeco Institutional Asset Management
Netherlands
$176K
OSAM
139
O'Shaughnessy Asset Management
Connecticut
$141K +$128K +2,695 New
MOACM
140
Mutual of America Capital Management
New York
$139K +$83.1K +1,749 +188%
CSS
141
Cubist Systematic Strategies
Connecticut
$115K -$585K -12,311 -85%
FMT
142
First Mercantile Trust
Tennessee
$115K +$78.5K +1,652 New
GT
143
Glenmede Trust
Pennsylvania
$103K -$570 -12 -0.6%
Zurich Cantonal Bank
144
Zurich Cantonal Bank
Switzerland
$100K
PAM
145
Paradigm Asset Management
New York
$98.9K
AIP
146
Ameritas Investment Partners
Nebraska
$98K +$8.31K +175 +10%
AS
147
Altshuler Shaham
Israel
$50K +$45.3K +953 New
Macquarie Group
148
Macquarie Group
Australia
$43K
Nisa Investment Advisors
149
Nisa Investment Advisors
Missouri
$42K +$475 +10 +1%
PCM
150
Prelude Capital Management
New York
$39K +$19.7K +415 +127%

SSTK Hedge Fund Activity: Q3 2020 in Review

175 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q3 2020, worth a combined $1.24B — up 72% from $719M a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new SSTK positions and 18 closed out — a net gain of 28 holders — while 69 added to existing stakes and 40 trimmed.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $71.5M. The largest seller was Van Berkom & Associates, cutting an estimated $20.6M.

  • 175 institutional investors held Shutterstock (SSTK) as of Q3 2020, up from 147 in Q2 2020.
  • Funds reported $1.24B of Shutterstock stock for Q3 2020, up 72% quarter-over-quarter.
  • 46 funds opened new Shutterstock positions in Q3 2020 and 18 closed out, a net change of +28 holders.
  • The largest Shutterstock buyer in Q3 2020 was Wellington Management Group, an estimated $71.5M added.
  • The largest Shutterstock seller in Q3 2020 was Van Berkom & Associates, an estimated $20.6M sold.

Based on aggregated 13F filings for Q3 2020.