Shutterstock
SSTK
157 hedge funds and large institutions have $714M invested in Shutterstock in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 64 increasing their positions, 49 reducing their positions, and 22 closing their positions.
214% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $3.25M
31% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 49
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
1% more funds holding
Funds holding: 155 → 157 (+2)
0.5% less ownership
Funds ownership: 57.12% → 56.61% (-0.5%)
34% less capital invested
Capital invested by funds: $1.09B → $714M (-$374M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$9.68M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$9.05M |
| 3 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
+$7.24M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.06M |
| 5 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$7.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Matarin Capital Management
New York
|
-$20.5M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$16.5M |
| 3 |
Morgan Stanley
New York
|
-$10.3M |
| 4 |
Goldman Sachs
New York
|
-$8.79M |
| 5 |
Two Sigma Investments
New York
|
-$4.61M |
SSTK Hedge Fund Activity: Q4 2018 in Review
157 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q4 2018, worth a combined $714M — down 34% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SSTK positions and 22 closed out — a net gain of 3 holders — while 64 added to existing stakes and 49 trimmed.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $9.68M. The largest seller was Matarin Capital Management, exiting entirely with an estimated $20.5M sold.
- 157 institutional investors held Shutterstock (SSTK) as of Q4 2018, up from 155 in Q3 2018.
- Funds reported $714M of Shutterstock stock for Q4 2018, down 34% quarter-over-quarter.
- 25 funds opened new Shutterstock positions in Q4 2018 and 22 closed out, a net change of +3 holders.
- The largest Shutterstock buyer in Q4 2018 was ArrowMark Colorado Holdings, an estimated $9.68M added.
- The largest Shutterstock seller in Q4 2018 was Matarin Capital Management, an estimated $20.5M sold.
Based on aggregated 13F filings for Q4 2018.