Shutterstock
SSTK
140 hedge funds and large institutions have $881M invested in Shutterstock in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 18 closing their positions.
123% more call options, than puts
Call options by funds: $12.3M | Put options by funds: $5.5M
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
27% more capital invested
Capital invested by funds: $691M → $881M (+$189M)
9% more funds holding
Funds holding: 129 → 140 (+11)
0.96% less ownership
Funds ownership: 59.97% → 59.01% (-0.96%)
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
+$26.4M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$10.8M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$8.48M |
| 4 |
D.E. Shaw & Co
New York
|
+$7.67M |
| 5 |
BlackRock
New York
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.9M |
| 2 |
Bank of New York Mellon
New York
|
-$18.8M |
| 3 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$17.4M |
| 4 |
Morgan Stanley
New York
|
-$9.65M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
151
Tower Research Capital (TRC)
New York
| – | -$114K | -2,932 | Closed |
|
|
PI
152
PineBridge Investments
New York
| – | -$75K | -2,278 | Closed |
|
153
Group One Trading
Chicago,
Illinois
| – | -$73.8K | -1,893 | Closed |
|
|
NIT
154
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$60K | -1,800 | Closed |
|
|
CG
155
Cutler Group
San Francisco,
California
| – | -$23.6K | -605 | Closed |
|
|
MAM
156
Meeder Asset Management
Dublin,
Ohio
| – | -$1K | -23 | Closed |
|
157
AssetMark Inc
Concord,
California
| – | +$234 | +6 | New |
|
|
PFBT
158
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$351 | +9 | New |
|
SSTK Hedge Fund Activity: Q4 2017 in Review
140 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q4 2017, worth a combined $881M — up 27% from $691M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SSTK positions and 18 closed out — a net gain of 11 holders — while 46 added to existing stakes and 49 trimmed.
The largest buyer was Bernzott Capital Advisors, opening a new position worth an estimated $26.4M. The largest seller was Fidelity Investments, cutting an estimated $26.9M.
- 140 institutional investors held Shutterstock (SSTK) as of Q4 2017, up from 129 in Q3 2017.
- Funds reported $881M of Shutterstock stock for Q4 2017, up 27% quarter-over-quarter.
- 29 funds opened new Shutterstock positions in Q4 2017 and 18 closed out, a net change of +11 holders.
- The largest Shutterstock buyer in Q4 2017 was Bernzott Capital Advisors, an estimated $26.4M added.
- The largest Shutterstock seller in Q4 2017 was Fidelity Investments, an estimated $26.9M sold.
Based on aggregated 13F filings for Q4 2017.