diff --git a/src/runtime/store/index.ts b/src/runtime/store/index.ts
index c85163003f..c5bbb052cf 100644
--- a/src/runtime/store/index.ts
+++ b/src/runtime/store/index.ts
@@ -67,16 +67,15 @@ export function writable<T>(value: T, start: StartStopNotifier<T> = noop): Writa
 	function set(new_value: T): void {
 		if (safe_not_equal(value, new_value)) {
 			value = new_value;
-			if (!stop) {
-				return; // not ready
+			if (stop) { // store is ready
+				subscribers.forEach((s) => s[1]());
+				subscribers.forEach((s) => s[0](value));
 			}
-			subscribers.forEach((s) => s[1]());
-			subscribers.forEach((s) => s[0](value));
 		}
 	}
 
 	function update(fn: Updater<T>): void {
-		set(fn(value));
+		return set(fn(value));
 	}
 
 	function subscribe(run: Subscriber<T>, invalidate: Invalidator<T> = noop): Unsubscriber {
@@ -129,7 +128,9 @@ export function derived<T, S extends Stores>(
 
 	const auto = fn.length < 2;
 
+	const subscribers: Array<Subscriber<T>> = [];
 	const invalidators: Array<Invalidator<T>> = [];
+	let value: T = initial_value;
 
 	const store = readable(initial_value, (set) => {
 		let inited = false;
@@ -146,6 +147,11 @@ export function derived<T, S extends Stores>(
 			const result = fn(single ? values[0] : values, set);
 			if (auto) {
 				set(result as T);
+				const dirty = safe_not_equal(value, result);
+				value = result as T;
+				if (!dirty) {
+					subscribers.forEach(s => s(value));
+				}
 			} else {
 				cleanup = is_function(result) ? result as Unsubscriber : noop;
 			}
@@ -176,6 +182,7 @@ export function derived<T, S extends Stores>(
 
 	return {
 		subscribe(run: Subscriber<T>, invalidate: Invalidator<T> = noop): Unsubscriber {
+			subscribers.push(run);
 			invalidators.push(invalidate);
 
 			const unsubscribe = store.subscribe(run, invalidate);
@@ -189,4 +196,4 @@ export function derived<T, S extends Stores>(
 			};
 		}
 	};
-}
\ No newline at end of file
+}
diff --git a/test/js/samples/bind-open/expected.js b/test/js/samples/bind-open/expected.js
index 7f739aec8b..7c73c8ddac 100644
--- a/test/js/samples/bind-open/expected.js
+++ b/test/js/samples/bind-open/expected.js
@@ -66,4 +66,4 @@ class Component extends SvelteComponent {
 	}
 }
 
-export default Component;
\ No newline at end of file
+export default Component;
diff --git a/test/store/index.ts b/test/store/index.ts
index 6f5ef6abdd..a39fab86e6 100644
--- a/test/store/index.ts
+++ b/test/store/index.ts
@@ -233,6 +233,30 @@ describe('store', () => {
 			unsubscribe();
 		});
 
+		it('derived dependency does not update and shared ancestor updates', () => {
+			const root = writable({ a: 0, b:0 });
+			const values = [];
+
+			const a = derived(root, $root => {
+				return 'a' + $root.a;
+			});
+
+			const b = derived([a, root], ([$a, $root]) => {
+				return 'b' + $root.b + $a;
+			});
+
+			const unsubscribe = b.subscribe(v => {
+				values.push(v);
+			});
+
+			assert.deepEqual(values, ['b0a0']);
+
+			root.set({ a: 0, b: 1 });
+			assert.deepEqual(values, ['b0a0', 'b1a0']);
+
+			unsubscribe();
+		});
+
 		it('is updated with safe_not_equal logic', () => {
 			const arr = [0];