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140 hedge funds and large institutions have $922M invested in Shutterstock in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 48 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

29% more capital invested

Capital invested by funds: $716M → $922M (+$206M)

8% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 48

6% more call options, than puts

Call options by funds: $9.01M | Put options by funds: $8.46M

1% more funds holding

Funds holding: 139140 (+1)

0.34% more ownership

Funds ownership: 60.32%60.66% (+0.34%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
140
Holders Change
+1
Holders Change %
+0.72%
% of All Funds
2.76%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
52
Reduced
48
Closed
12
Calls
$9.01M
Puts
$8.46M
Net Calls
+$541K
Net Calls Change
+$8.75M
Name Holding Trade Value Shares
Change
Change in
Stake
ACH
1
ArrowMark Colorado Holdings
Colorado
$125M -$17.1M -425,825 -13%
BlackRock
2
BlackRock
New York
$123M +$1.77M +44,157 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$92.4M +$5.58M +139,111 +7%
VBA
4
Van Berkom & Associates
Quebec, Canada
$62.5M +$110K +2,744 +0.2%
ClearBridge Investments
5
ClearBridge Investments
New York
$49.2M +$4.25K +106 +0%
BCA
6
Bernzott Capital Advisors
California
$40.3M +$1.31M +32,550 +4%
Renaissance Technologies
7
Renaissance Technologies
New York
$39.4M +$1.75M +43,500 +5%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$35.8M -$179K -4,469 -0.5%
RHJA
9
Rice Hall James & Associates
California
$30M -$799K -19,928 -3%
State Street
10
State Street
Massachusetts
$25M -$447K -11,140 -2%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$22.2M +$352K +8,779 +2%
Arrowstreet Capital
12
Arrowstreet Capital
Massachusetts
$21.4M +$17M +422,905 +558%
Goldman Sachs
13
Goldman Sachs
New York
$21M -$535K -13,347 -3%
Norges Bank
14
Norges Bank
Norway
$18.6M
Morgan Stanley
15
Morgan Stanley
New York
$14.6M -$2.83M -70,591 -17%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$12.6M +$397K +9,885 +3%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$11.9M -$725K -18,083 -6%
Northern Trust
18
Northern Trust
Illinois
$10.9M -$505K -12,590 -5%
Marshall Wace
19
Marshall Wace
United Kingdom
$8.98M -$130K -3,235 -2%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$8.21M -$614K -15,300 -7%
Two Sigma Investments
21
Two Sigma Investments
New York
$8.13M -$1.47M -36,611 -16%
Principal Financial Group
22
Principal Financial Group
Iowa
$7.18M +$174K +4,326 +3%
Squarepoint
23
Squarepoint
New York
$6.94M +$197K +4,905 +3%
PCM
24
Penserra Capital Management
California
$6.07M +$5.66M +140,987 New
Ameriprise
25
Ameriprise
Minnesota
$5.91M -$82.7K -2,061 -1%

SSTK Hedge Fund Activity: Q4 2019 in Review

140 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q4 2019, worth a combined $922M — up 29% from $716M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new SSTK positions and 12 closed out — a net gain of 6 holders — while 52 added to existing stakes and 48 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $17M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $17.1M.

  • 140 institutional investors held Shutterstock (SSTK) as of Q4 2019, up from 139 in Q3 2019.
  • Funds reported $922M of Shutterstock stock for Q4 2019, up 29% quarter-over-quarter.
  • 18 funds opened new Shutterstock positions in Q4 2019 and 12 closed out, a net change of +6 holders.
  • The largest Shutterstock buyer in Q4 2019 was Arrowstreet Capital, an estimated $17M added.
  • The largest Shutterstock seller in Q4 2019 was ArrowMark Colorado Holdings, an estimated $17.1M sold.

Based on aggregated 13F filings for Q4 2019.