Shutterstock
SSTK
105 hedge funds and large institutions have $1.28B invested in Shutterstock in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 44 increasing their positions, 20 reducing their positions, and 10 closing their positions.
230% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 10
120% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 20
86% more capital invested
Capital invested by funds: $689M → $1.28B (+$596M)
28% more funds holding
Funds holding: 82 → 105 (+23)
14.1% more ownership
Funds ownership: 36.82% → 50.92% (+14%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$128M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$40M |
| 3 |
O
OppenheimerFunds
New York
|
+$21M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$19.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IHG
Insight Holdings Group
New York
|
-$91.9M |
| 2 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$4.74M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$3.49M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$3.08M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.87M |
SSTK Hedge Fund Activity: Q3 2013 in Review
105 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q3 2013, worth a combined $1.28B — up 86% from $689M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SSTK positions and 10 closed out — a net gain of 23 holders — while 44 added to existing stakes and 20 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $128M. The largest seller was Insight Holdings Group, cutting an estimated $91.9M.
- 105 institutional investors held Shutterstock (SSTK) as of Q3 2013, up from 82 in Q2 2013.
- Funds reported $1.28B of Shutterstock stock for Q3 2013, up 86% quarter-over-quarter.
- 33 funds opened new Shutterstock positions in Q3 2013 and 10 closed out, a net change of +23 holders.
- The largest Shutterstock buyer in Q3 2013 was Fidelity Investments, an estimated $128M added.
- The largest Shutterstock seller in Q3 2013 was Insight Holdings Group, an estimated $91.9M sold.
Based on aggregated 13F filings for Q3 2013.