Shutterstock
SSTK
157 hedge funds and large institutions have $963M invested in Shutterstock in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 60 increasing their positions, 48 reducing their positions, and 19 closing their positions.
66% more call options, than puts
Call options by funds: $13.7M | Put options by funds: $8.21M
35% more capital invested
Capital invested by funds: $714M → $963M (+$249M)
25% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 48
2.28% more ownership
Funds ownership: 56.61% → 58.89% (+2.3%)
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
0% more funds holding
Funds holding: 157 → 157 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$13.4M |
| 2 |
Goldman Sachs
New York
|
+$12.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.5M |
| 4 |
Renaissance Technologies
New York
|
+$4.34M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.73M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.21M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$5M |
| 4 |
State Street
Boston,
Massachusetts
|
-$4.54M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.26M |
SSTK Hedge Fund Activity: Q1 2019 in Review
157 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q1 2019, worth a combined $963M — up 35% from $714M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SSTK positions and 19 closed out — a net gain of 1 holder — while 60 added to existing stakes and 48 trimmed.
The largest buyer was Canada Pension Plan Investment Board, opening a new position worth an estimated $13.4M. The largest seller was Morgan Stanley, cutting an estimated $8.73M.
- 157 institutional investors held Shutterstock (SSTK) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $963M of Shutterstock stock for Q1 2019, up 35% quarter-over-quarter.
- 20 funds opened new Shutterstock positions in Q1 2019 and 19 closed out, a net change of +1 holder.
- The largest Shutterstock buyer in Q1 2019 was Canada Pension Plan Investment Board, an estimated $13.4M added.
- The largest Shutterstock seller in Q1 2019 was Morgan Stanley, an estimated $8.73M sold.
Based on aggregated 13F filings for Q1 2019.