Shutterstock
SSTK
116 hedge funds and large institutions have $1.79B invested in Shutterstock in 2014 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 32 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
78% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 32
31% more capital invested
Capital invested by funds: $1.37B → $1.79B (+$424M)
7.64% more ownership
Funds ownership: 53.74% → 61.38% (+7.6%)
3% less funds holding
Funds holding: 120 → 116 (-4)
15% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 26
30% less call options, than puts
Call options by funds: $2.44M | Put options by funds: $3.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$121M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$32.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$29.6M |
| 4 |
BAMCO Inc
New York
|
+$23.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.4M |
| 2 |
IHG
Insight Holdings Group
New York
|
-$54.4M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$14.7M |
| 4 |
O
OppenheimerFunds
New York
|
-$12.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$10.5M |
SSTK Hedge Fund Activity: Q2 2014 in Review
116 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q2 2014, worth a combined $1.79B — up 31% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SSTK and 22 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 57 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $121M. The largest seller was Fidelity Investments, cutting an estimated $57.4M.
- 116 institutional investors held Shutterstock (SSTK) as of Q2 2014, down from 120 in Q1 2014.
- Funds reported $1.79B of Shutterstock stock for Q2 2014, up 31% quarter-over-quarter.
- 22 funds opened new Shutterstock positions in Q2 2014 and 26 closed out, a net change of -4 holders.
- The largest Shutterstock buyer in Q2 2014 was T. Rowe Price Associates, an estimated $121M added.
- The largest Shutterstock seller in Q2 2014 was Fidelity Investments, an estimated $57.4M sold.
Based on aggregated 13F filings for Q2 2014.