Shutterstock
SSTK
146 hedge funds and large institutions have $652M invested in Shutterstock in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 56 increasing their positions, 48 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
17% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 48
4% more funds holding
Funds holding: 140 → 146 (+6)
9% more call options, than puts
Call options by funds: $8.89M | Put options by funds: $8.18M
3.68% less ownership
Funds ownership: 60.66% → 56.98% (-3.7%)
29% less capital invested
Capital invested by funds: $922M → $652M (-$271M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$10.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.57M |
| 3 |
Man Group
London,
United Kingdom
|
+$3.66M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$3.49M |
| 5 |
Goldman Sachs
New York
|
+$2.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$24.9M |
| 2 |
ClearBridge Investments
New York
|
-$24.2M |
| 3 |
Squarepoint
New York
|
-$6.94M |
| 4 |
Two Sigma Investments
New York
|
-$6.92M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$5.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
151
Allen Investment Management
New York
| – | -$236K | -5,500 | Closed |
|
|
JG
152
Jefferies Group
New York
| – | -$234K | -5,455 | Closed |
|
|
PP
153
Paloma Partners
Greenwich,
Connecticut
| – | -$220K | -5,128 | Closed |
|
|
ECM
154
Everence Capital Management
Goshen,
Indiana
| – | -$212K | -4,940 | Closed |
|
155
Walleye Capital
New York
| – | -$101K | -2,365 | Closed |
|
|
PI
156
PEAK6 Investments
Chicago,
Illinois
| – | -$91.6K | -2,292 | Closed |
|
|
QCG
157
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$19.2K | -481 | -95% |
|
|
EW
158
Evoke Wealth
Los Angeles,
California
| – | -$18.1K | -423 | Closed |
|
|
HGWM
159
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1.88K | -47 | -90% |
|
SSTK Hedge Fund Activity: Q1 2020 in Review
146 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q1 2020, worth a combined $652M — down 29% from $922M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SSTK positions and 15 closed out — a net gain of 8 holders — while 56 added to existing stakes and 48 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $10.8M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $24.9M.
- 146 institutional investors held Shutterstock (SSTK) as of Q1 2020, up from 140 in Q4 2019.
- Funds reported $652M of Shutterstock stock for Q1 2020, down 29% quarter-over-quarter.
- 23 funds opened new Shutterstock positions in Q1 2020 and 15 closed out, a net change of +8 holders.
- The largest Shutterstock buyer in Q1 2020 was Van Berkom & Associates, an estimated $10.8M added.
- The largest Shutterstock seller in Q1 2020 was ArrowMark Colorado Holdings, an estimated $24.9M sold.
Based on aggregated 13F filings for Q1 2020.