Shutterstock
SSTK
244 hedge funds and large institutions have $1.45B invested in Shutterstock in 2023 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 84 increasing their positions, 84 reducing their positions, and 33 closing their positions.
61% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 33
56% more call options, than puts
Call options by funds: $46M | Put options by funds: $29.5M
34% more capital invested
Capital invested by funds: $1.08B → $1.45B (+$372M)
8% more funds holding
Funds holding: 225 → 244 (+19)
7.12% more ownership
Funds ownership: 77.18% → 84.3% (+7.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$31.5M |
| 2 |
Morgan Stanley
New York
|
+$31M |
| 3 |
Man Group
London,
United Kingdom
|
+$21.4M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$18.6M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$18.7M |
| 2 |
Millennium Management
New York
|
-$18.1M |
| 3 |
Renaissance Technologies
New York
|
-$12.9M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$9.96M |
| 5 |
Two Sigma Investments
New York
|
-$8.65M |
SSTK Hedge Fund Activity: Q4 2023 in Review
244 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Shutterstock (SSTK) for Q4 2023, worth a combined $1.45B — up 34% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SSTK positions and 33 closed out — a net gain of 20 holders — while 84 added to existing stakes and 84 trimmed.
The largest buyer was TD Asset Management, adding an estimated $31.5M. The largest seller was Pacer Advisors, cutting an estimated $18.7M.
- 244 institutional investors held Shutterstock (SSTK) as of Q4 2023, up from 225 in Q3 2023.
- Funds reported $1.45B of Shutterstock stock for Q4 2023, up 34% quarter-over-quarter.
- 53 funds opened new Shutterstock positions in Q4 2023 and 33 closed out, a net change of +20 holders.
- The largest Shutterstock buyer in Q4 2023 was TD Asset Management, an estimated $31.5M added.
- The largest Shutterstock seller in Q4 2023 was Pacer Advisors, an estimated $18.7M sold.
Based on aggregated 13F filings for Q4 2023.