Shutterstock
SSTK
171 hedge funds and large institutions have $971M invested in Shutterstock in 2016 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 81 increasing their positions, 39 reducing their positions, and 20 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 39
75% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 20
8% more funds holding
Funds holding: 158 → 171 (+13)
6% more call options, than puts
Call options by funds: $8.39M | Put options by funds: $7.92M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.02% less ownership
Funds ownership: 58.17% → 58.15% (-0.02%)
25% less capital invested
Capital invested by funds: $1.29B → $971M (-$319M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$18.9M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.42M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$6.95M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.42M |
| 5 |
Morgan Stanley
New York
|
+$5.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$52M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$41.4M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$20.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$6.99M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.37M |
SSTK Hedge Fund Activity: Q4 2016 in Review
171 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q4 2016, worth a combined $971M — down 25% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SSTK positions and 20 closed out — a net gain of 15 holders — while 81 added to existing stakes and 39 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $18.9M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $52M sold.
- 171 institutional investors held Shutterstock (SSTK) as of Q4 2016, up from 158 in Q3 2016.
- Funds reported $971M of Shutterstock stock for Q4 2016, down 25% quarter-over-quarter.
- 35 funds opened new Shutterstock positions in Q4 2016 and 20 closed out, a net change of +15 holders.
- The largest Shutterstock buyer in Q4 2016 was Van Berkom & Associates, an estimated $18.9M added.
- The largest Shutterstock seller in Q4 2016 was Lord, Abbett & Co, an estimated $52M sold.
Based on aggregated 13F filings for Q4 2016.