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136 hedge funds and large institutions have $1.11B invested in Shutterstock in 2016 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 52 increasing their positions, 31 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

177% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 13

69% more call options, than puts

Call options by funds: $7.39M | Put options by funds: $4.37M

68% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 31

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

32% more capital invested

Capital invested by funds: $838M → $1.11B (+$267M)

18% more funds holding

Funds holding: 115136 (+21)

3.96% more ownership

Funds ownership: 65.01%68.96% (+4%)

Holders
136
Holders Change
+21
Holders Change %
+18.26%
% of All Funds
3.63%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
36
Increased
52
Reduced
31
Closed
13
Calls
$7.39M
Puts
$4.37M
Net Calls
+$3.02M
Net Calls Change
+$2.85M
Name Holding Trade Value Shares
Change
Change in
Stake
Kayne Anderson Rudnick Investment Management
1
Kayne Anderson Rudnick Investment Management
California
$167M +$2.12M +51,353 +1%
Macquarie Group
2
Macquarie Group
Australia
$153M +$56M +1,355,692 +68%
JSP
3
Jackson Square Partners
California
$119M -$14.8M -357,134 -12%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$86.3M -$63.6M -1,539,880 -45%
Vanguard Group
5
Vanguard Group
Pennsylvania
$67.6M +$7.68M +185,887 +14%
BFA
6
BlackRock Fund Advisors
California
$56M +$31M +751,111 +159%
ACH
7
ArrowMark Colorado Holdings
Colorado
$45.1M +$3.03M +73,405 +8%
VBA
8
Van Berkom & Associates
Quebec, Canada
$44.1M -$7.12M -172,264 -15%
WA
9
Wasatch Advisors
Utah
$29M +$4.07M +98,553 +18%
Morgan Stanley
10
Morgan Stanley
New York
$28.2M -$3.44M -83,286 -12%
Wells Fargo
11
Wells Fargo
California
$27.9M +$3.77M +91,337 +18%
BIT
12
BlackRock Institutional Trust
California
$24.2M +$2.29M +55,390 +12%
CRCP
13
Copper Rock Capital Partners
Massachusetts
$20M +$18.1M +437,374 New
State Street
14
State Street
Massachusetts
$16.8M +$1.67M +40,412 +12%
JHIU
15
Janus Henderson Investors US
Colorado
$15.7M +$3.04M +73,485 +27%
SEI Investments
16
SEI Investments
Pennsylvania
$13.5M +$343K +8,313 +3%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$11.3M +$5.07M +122,810 +100%
ECP
18
Elk Creek Partners
Colorado
$11M +$1.54M +37,364 +18%
Northern Trust
19
Northern Trust
Illinois
$10.7M -$141K -3,419 -1%
Renaissance Technologies
20
Renaissance Technologies
New York
$10M +$913K +22,100 +11%
Fiera Capital (Canada)
21
Fiera Capital (Canada)
Quebec, Canada
$7.63M +$6.89M +166,668 New
RHJA
22
Rice Hall James & Associates
California
$7.45M +$96.8K +2,344 +1%
American Century Companies
23
American Century Companies
Missouri
$7.3M +$2.18M +52,675 +49%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$7.19M +$49.2K +1,190 +0.8%
SC
25
Samlyn Capital
New York
$6.32M -$19M -460,120 -77%

SSTK Hedge Fund Activity: Q2 2016 in Review

136 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q2 2016, worth a combined $1.11B — up 32% from $838M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new SSTK positions and 13 closed out — a net gain of 23 holders — while 52 added to existing stakes and 31 trimmed.

The largest buyer was Macquarie Group, adding an estimated $56M. The largest seller was T. Rowe Price Associates, cutting an estimated $63.6M.

  • 136 institutional investors held Shutterstock (SSTK) as of Q2 2016, up from 115 in Q1 2016.
  • Funds reported $1.11B of Shutterstock stock for Q2 2016, up 32% quarter-over-quarter.
  • 36 funds opened new Shutterstock positions in Q2 2016 and 13 closed out, a net change of +23 holders.
  • The largest Shutterstock buyer in Q2 2016 was Macquarie Group, an estimated $56M added.
  • The largest Shutterstock seller in Q2 2016 was T. Rowe Price Associates, an estimated $63.6M sold.

Based on aggregated 13F filings for Q2 2016.