Shutterstock
SSTK
158 hedge funds and large institutions have $1.29B invested in Shutterstock in 2016 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 62 increasing their positions, 37 reducing their positions, and 22 closing their positions.
109% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 22
68% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 37
60% more call options, than puts
Call options by funds: $21.1M | Put options by funds: $13.2M
17% more capital invested
Capital invested by funds: $1.11B → $1.29B (+$185M)
16% more funds holding
Funds holding: 136 → 158 (+22)
10.79% less ownership
Funds ownership: 68.96% → 58.17% (-11%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$47M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.51M |
| 3 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$7.91M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$7.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$7.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$144M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$88.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$71M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$23.2M |
| 5 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Parallax Volatility Advisers
San Francisco,
California
| – | -$95.1K | -1,654 | Closed |
|
177
Envestnet Asset Management
Chicago,
Illinois
| – | -$54K | -1,171 | Closed |
|
|
BJ
178
BlackRock Japan
Tokyo,
Japan
| – | -$14K | -310 | Closed |
|
179
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$6K | -134 | Closed |
|
|
KF
180
Krilogy Financial
St. Louis,
Missouri
| – | -$2K | -50 | Closed |
|
SSTK Hedge Fund Activity: Q3 2016 in Review
158 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q3 2016, worth a combined $1.29B — up 17% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new SSTK positions and 22 closed out — a net gain of 24 holders — while 62 added to existing stakes and 37 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $47M. The largest seller was Macquarie Group, cutting an estimated $144M.
- 158 institutional investors held Shutterstock (SSTK) as of Q3 2016, up from 136 in Q2 2016.
- Funds reported $1.29B of Shutterstock stock for Q3 2016, up 17% quarter-over-quarter.
- 46 funds opened new Shutterstock positions in Q3 2016 and 22 closed out, a net change of +24 holders.
- The largest Shutterstock buyer in Q3 2016 was Lord, Abbett & Co, an estimated $47M added.
- The largest Shutterstock seller in Q3 2016 was Macquarie Group, an estimated $144M sold.
Based on aggregated 13F filings for Q3 2016.