Shutterstock
SSTK
165 hedge funds and large institutions have $947M invested in Shutterstock in 2018 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 47 increasing their positions, 47 reducing their positions, and 8 closing their positions.
338% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 8
211% more call options, than puts
Call options by funds: $17.9M | Put options by funds: $5.74M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more funds holding
Funds holding: 140 → 165 (+25)
8% more capital invested
Capital invested by funds: $881M → $947M (+$66.5M)
0% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 47
2.37% less ownership
Funds ownership: 59.01% → 56.64% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$10.3M |
| 2 |
Two Sigma Advisers
New York
|
+$9.17M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.53M |
| 4 |
Renaissance Technologies
New York
|
+$7.83M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
+$4.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$44.7M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$24.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.4M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$18.4M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$12.2M |
SSTK Hedge Fund Activity: Q1 2018 in Review
165 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q1 2018, worth a combined $947M — up 7.5% from $881M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SSTK positions and 8 closed out — a net gain of 27 holders — while 47 added to existing stakes and 47 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $10.3M. The largest seller was Jackson Square Partners, cutting an estimated $44.7M.
- 165 institutional investors held Shutterstock (SSTK) as of Q1 2018, up from 140 in Q4 2017.
- Funds reported $947M of Shutterstock stock for Q1 2018, up 7.5% quarter-over-quarter.
- 35 funds opened new Shutterstock positions in Q1 2018 and 8 closed out, a net change of +27 holders.
- The largest Shutterstock buyer in Q1 2018 was Two Sigma Investments, an estimated $10.3M added.
- The largest Shutterstock seller in Q1 2018 was Jackson Square Partners, an estimated $44.7M sold.
Based on aggregated 13F filings for Q1 2018.