5 Best Delivery Stocks To Buy Now

3. Shopify Inc. (NYSE:SHOP)

Number of Hedge Fund Investors in Q4 2022: 66

Shopify Inc. (NYSE:SHOP) is a Canadian firm that is headquartered in Ottawa, Ontario. The firm provides an electronic commerce platform to merchants to connect with everyday consumers. At the same, it also meets its merchants’ delivery requirements and handles services such as fulfillment and shipping orders.

Insider Monkey took a look at 943 hedge fund portfolios for last year’s fourth quarter and found out that 66 had invested in Shopify Inc. (NYSE:SHOP). The firm’s largest shareholder is Catherine D. Wood’s ARK Investment Management which owns 13 million shares that are worth $460 million.

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