Shutterstock
SSTK
146 hedge funds and large institutions have $650M invested in Shutterstock in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 49 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
12% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 49
4% more funds holding
Funds holding: 140 → 146 (+6)
9% more call options, than puts
Call options by funds: $8.89M | Put options by funds: $8.18M
3.8% less ownership
Funds ownership: 60.66% → 56.86% (-3.8%)
29% less capital invested
Capital invested by funds: $922M → $650M (-$272M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$10.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.57M |
| 3 |
Man Group
London,
United Kingdom
|
+$3.66M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$3.49M |
| 5 |
Goldman Sachs
New York
|
+$2.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$24.9M |
| 2 |
ClearBridge Investments
New York
|
-$24.2M |
| 3 |
Squarepoint
New York
|
-$6.94M |
| 4 |
Two Sigma Investments
New York
|
-$6.92M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$5.52M |
SSTK Hedge Fund Activity: Q1 2020 in Review
146 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q1 2020, worth a combined $650M — down 29% from $922M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SSTK positions and 15 closed out — a net gain of 8 holders — while 55 added to existing stakes and 49 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $10.8M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $24.9M.
- 146 institutional investors held Shutterstock (SSTK) as of Q1 2020, up from 140 in Q4 2019.
- Funds reported $650M of Shutterstock stock for Q1 2020, down 29% quarter-over-quarter.
- 23 funds opened new Shutterstock positions in Q1 2020 and 15 closed out, a net change of +8 holders.
- The largest Shutterstock buyer in Q1 2020 was Van Berkom & Associates, an estimated $10.8M added.
- The largest Shutterstock seller in Q1 2020 was ArrowMark Colorado Holdings, an estimated $24.9M sold.
Based on aggregated 13F filings for Q1 2020.