Shutterstock
SSTK
175 hedge funds and large institutions have $1.24B invested in Shutterstock in 2020 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 69 increasing their positions, 40 reducing their positions, and 18 closing their positions.
156% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 18
73% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 40
72% more capital invested
Capital invested by funds: $719M → $1.24B (+$517M)
62% more call options, than puts
Call options by funds: $9.75M | Put options by funds: $6.02M
19% more funds holding
Funds holding: 147 → 175 (+28)
7.93% more ownership
Funds ownership: 57.71% → 65.64% (+7.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$71.5M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$22.7M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$17.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.46M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$7.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$20.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.49M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$5.84M |
| 4 |
Morgan Stanley
New York
|
-$5.02M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$4.12M |
SSTK Hedge Fund Activity: Q3 2020 in Review
175 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q3 2020, worth a combined $1.24B — up 72% from $719M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new SSTK positions and 18 closed out — a net gain of 28 holders — while 69 added to existing stakes and 40 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $71.5M. The largest seller was Van Berkom & Associates, cutting an estimated $20.6M.
- 175 institutional investors held Shutterstock (SSTK) as of Q3 2020, up from 147 in Q2 2020.
- Funds reported $1.24B of Shutterstock stock for Q3 2020, up 72% quarter-over-quarter.
- 46 funds opened new Shutterstock positions in Q3 2020 and 18 closed out, a net change of +28 holders.
- The largest Shutterstock buyer in Q3 2020 was Wellington Management Group, an estimated $71.5M added.
- The largest Shutterstock seller in Q3 2020 was Van Berkom & Associates, an estimated $20.6M sold.
Based on aggregated 13F filings for Q3 2020.