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148 hedge funds and large institutions have $815M invested in Shutterstock in 2019 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 62 increasing their positions, 40 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 40

18% more call options, than puts

Call options by funds: $13.9M | Put options by funds: $11.8M

0.18% more ownership

Funds ownership: 58.89%59.07% (+0.18%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less funds holding

Funds holding: 157148 (-9)

15% less capital invested

Capital invested by funds: $963M → $815M (-$148M)

25% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 24

Holders
148
Holders Change
-9
Holders Change %
-5.73%
% of All Funds
3.21%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
62
Reduced
40
Closed
24
Calls
$13.9M
Puts
$11.8M
Net Calls
+$2.12M
Net Calls Change
-$3.33M
Name Holding Trade Value Shares
Change
Change in
Stake
ACH
1
ArrowMark Colorado Holdings
Colorado
$133M +$4.21M +101,505 +3%
BlackRock
2
BlackRock
New York
$109M +$2.64M +63,496 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$81.8M +$2.6M +62,536 +3%
VBA
4
Van Berkom & Associates
Quebec, Canada
$52.7M -$1.54M -37,224 -3%
ClearBridge Investments
5
ClearBridge Investments
New York
$45.4M -$24.9K -601 -0.1%
BCA
6
Bernzott Capital Advisors
California
$35.2M +$167K +4,028 +0.5%
Renaissance Technologies
7
Renaissance Technologies
New York
$32.6M -$880K -21,200 -2%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$32M +$1.35M +32,414 +4%
RHJA
9
Rice Hall James & Associates
California
$28.7M -$1.15M -27,795 -4%
State Street
10
State Street
Massachusetts
$23.4M +$564K +13,577 +2%
Goldman Sachs
11
Goldman Sachs
New York
$22.4M +$2.45M +58,927 +12%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$21.1M -$2.16M -52,146 -9%
Norges Bank
13
Norges Bank
Norway
$17M
Bank of New York Mellon
14
Bank of New York Mellon
New York
$11.8M -$58.8K -1,416 -0.5%
Northern Trust
15
Northern Trust
Illinois
$10.1M +$174K +4,184 +2%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$9.92M +$652K +15,712 +7%
Morgan Stanley
17
Morgan Stanley
New York
$9.28M +$7.71M +185,703 +364%
Arrowstreet Capital
18
Arrowstreet Capital
Massachusetts
$8.38M -$1.49M -35,995 -14%
Principal Financial Group
19
Principal Financial Group
Iowa
$6.33M -$15.6K -375 -0.2%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$6.29M -$257K -6,200 -4%
Ameriprise
21
Ameriprise
Minnesota
$5.88M -$2.1M -50,572 -25%
SIM
22
Spark Investment Management
New York
$5.87M -$4.22M -101,700 -40%
Millennium Management
23
Millennium Management
New York
$5.78M -$3.08M -74,120 -33%
LCM
24
Landscape Capital Management
New Jersey
$4.54M +$4.45M +107,158 +1,229%
Nordea Investment Management
25
Nordea Investment Management
Sweden
$4.5M +$158K +3,805 +3%

SSTK Hedge Fund Activity: Q2 2019 in Review

148 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q2 2019, worth a combined $815M — down 15% from $963M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of SSTK and 18 opened new positions — a net loss of 6 holders — while 40 trimmed existing stakes and 62 added.

The largest buyer was Morgan Stanley, adding an estimated $7.71M. The largest seller was Canada Pension Plan Investment Board, exiting entirely with an estimated $14.8M sold.

  • 148 institutional investors held Shutterstock (SSTK) as of Q2 2019, down from 157 in Q1 2019.
  • Funds reported $815M of Shutterstock stock for Q2 2019, down 15% quarter-over-quarter.
  • 18 funds opened new Shutterstock positions in Q2 2019 and 24 closed out, a net change of -6 holders.
  • The largest Shutterstock buyer in Q2 2019 was Morgan Stanley, an estimated $7.71M added.
  • The largest Shutterstock seller in Q2 2019 was Canada Pension Plan Investment Board, an estimated $14.8M sold.

Based on aggregated 13F filings for Q2 2019.