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Strategy Inc

MSTR
Exchange
Nasdaq
Industry
Finance Services
SEC CIK
0001050446

In the last 90 days, Strategy Inc insiders filed 0 open-market purchases and 8 sales; 852 institutions reported holding it in 13F filings for Q2 2026, worth $18.2B in total; no superinvestor holds it.

Other share classesSTRCSTRDSTRFSTRK

13F holders, Q1 2025

Institutional positions in Strategy Inc as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,013
+40 vs. Q4 2024
Shares held
125.4M
+18.6M (+17.4%) vs. Q4 2024
Total value
$36.2B
+$5.23B (+16.9%) vs. Q4 2024
New holders
157
502 more added
Sold out
117
221 more reduced

20 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MSTR on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 1,013 institutions
Q1 2021: 287 institutionsQ2 2021: 270 institutionsQ3 2021: 287 institutionsQ4 2021: 290 institutionsQ1 2022: 268 institutionsQ2 2022: 238 institutionsQ3 2022: 231 institutionsQ4 2022: 212 institutionsQ1 2023: 252 institutionsQ2 2023: 271 institutionsQ3 2023: 295 institutionsQ4 2023: 370 institutionsQ1 2024: 530 institutionsQ2 2024: 592 institutionsQ3 2024: 662 institutionsQ4 2024: 993 institutionsQ1 2025: 1,013 institutionsQ2 2025: 1,161 institutionsQ3 2025: 1,087 institutionsQ4 2025: 982 institutionsQ1 2026: 946 institutionsQ2 2026: 852 institutions
Value heldQ1 2025: $36.2B
Q1 2021: $3.86BQ2 2021: $4.24BQ3 2021: $3.30BQ4 2021: $3.26BQ1 2022: $3.00BQ2 2022: $1.05BQ3 2022: $1.25BQ4 2022: $812.8MQ1 2023: $1.92BQ2 2023: $2.39BQ3 2023: $2.29BQ4 2023: $5.14BQ1 2024: $16.4BQ2 2024: $12.5BQ3 2024: $16.0BQ4 2024: $31.1BQ1 2025: $36.2BQ2 2025: $55.5BQ3 2025: $45.1BQ4 2025: $26.6BQ1 2026: $24.7BQ2 2026: $18.2B
Institutions holding MSTR and their total value by quarter
QuarterHoldersValue
Q2 2026852$18.2B
Q1 2026946$24.7B
Q4 2025982$26.6B
Q3 20251,087$45.1B
Q2 20251,161$55.5B
Q1 20251,013$36.2B
Q4 2024993$31.1B
Q3 2024662$16.0B
Q2 2024592$12.5B
Q1 2024530$16.4B
Q4 2023370$5.14B
Q3 2023295$2.29B
Q2 2023271$2.39B
Q1 2023252$1.92B
Q4 2022212$812.8M
Q3 2022231$1.25B
Q2 2022238$1.05B
Q1 2022268$3.00B
Q4 2021290$3.26B
Q3 2021287$3.30B
Q2 2021270$4.24B
Q1 2021287$3.86B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Strategy Inc; share changes are against Q4 2024.

Institutions holding MSTR in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc20,587,011$5.93B0.11%+4,283,291+26.3%Added
Capital International Investors14,679,783$4.23B0.83%+2,036,077+16.1%Added
BlackRock, Inc.14,418,806$4.16B0.09%+3,157,005+28.0%Added
Morgan Stanley7,683,940$2.22B0.16%+2,425,799+46.1%Added
Clear Street Derivatives LLC5,283,815$1.52B26.24%+1,213,678+29.8%Added
State Street Corp4,989,291$1.44B0.06%+1,132,640+29.4%Added
Cantor Fitzgerald, L. P.4,654,251$1.34B50.21%+1,074,120+30.0%Added
Geode Capital Management, LLC4,135,889$1.19B0.09%+1,088,264+35.7%Added
Capital Research Global Investors2,741,274$790.2M0.17%+2,632,421+2,418.3%Added
Norges Bank2,656,273$765.7M0.11%+847,072+46.8%Added
UBS Group AG2,181,189$628.8M0.14%−2,288,039−51.2%Reduced
Marex Group plc1,676,798$483.4M9.26%+716,213+74.6%Added
Citadel Advisors LLC1,559,755$449.6M0.44%+1,309,022+522.1%Added
Northern Trust Corp1,392,666$401.5M0.06%+316,481+29.4%Added
Capula Management Ltd1,300,000$374.8M2.77%+1,025,000+372.7%Added
Invesco Ltd.1,226,158$353.5M0.07%+246,886+25.2%Added
Weiss Asset Management LP1,216,190$350.6M9.36%+1,104,482+988.7%Added
JPMorgan Chase & Co1,123,918$324.0M0.02%+112,900+11.2%Added
UBS Asset Management Americas Inc1,045,517$301.4M0.08%+243,053+30.3%Added
Charles Schwab Investment Management Inc1,010,394$291.3M0.05%+248,618+32.6%Added
Legal & General Group Plc981,146$282.8M0.08%+251,241+34.4%Added
Bank of New York Mellon Corp911,782$262.8M0.05%+221,446+32.1%Added
Belvedere Trading LLC896,772$258.5M22.42%+613,507+216.6%Added
Susquehanna International Group, LLP851,738$245.5M0.40%−202,775−19.2%Reduced
National Bank of Canada744,688$214.7M0.25%−1,071,305−59.0%Reduced
Hudson Bay Capital Management LP720,992$207.8M1.32%+109,498+17.9%Added
Capital World Investors652,804$188.2M0.03%+4,456+0.7%Added
Swiss National Bank639,800$184.4M0.13%+122,800+23.8%Added
LPL Financial LLC625,159$180.2M0.07%+103,745+19.9%Added
FMR LLC562,688$162.2M0.01%−14,637−2.5%Reduced
Nuveen, LLC545,969$157.4M0.05%+545,969New
Sumitomo Mitsui Trust Holdings, Inc.528,850$152.5M0.11%+113,752+27.4%Added
Deutsche Bank AG518,042$149.3M0.06%+97,590+23.2%Added
Toroso Investments, LLC480,923$138.6M1.17%+149,960+45.3%Added
First Trust Advisors LP475,429$137.1M0.12%+57,855+13.9%Added
Barclays PLC451,512$130.2M0.06%+104,836+30.2%Added
Bank of America Corp402,469$116.0M0.01%−65,953−14.1%Reduced
Wells Fargo & Company367,212$105.9M0.03%+96,923+35.9%Added
Amundi372,482$105.1M0.04%−197,735−34.7%Reduced
California Public Employees Retirement System357,183$103.0M0.07%+92,470+34.9%Added
Mirae Asset Securities (USA) Inc.351,325$101.3M4.35%+99,170+39.3%Added
Jump Financial, LLC337,623$97.3M1.46%+263,831+357.5%Added
California State Teachers Retirement System336,936$97.1M0.12%+51,151+17.9%Added
Goldman Sachs Group Inc332,594$95.9M0.02%−411,877−55.3%Reduced
Price T Rowe Associates Inc312,012$89.9M0.01%−60,247−16.2%Reduced
ProShare Advisors LLC310,763$89.6M0.20%+102,280+49.1%Added
SG Americas Securities, LLC308,682$89.0M0.30%−102,724−25.0%Reduced
National Pension Service289,735$83.5M0.08%+72,635+33.5%Added
Natixis273,783$79.8M0.47%+31,134+12.8%Added
Rhumbline Advisers268,406$77.4M0.07%+70,359+35.5%Added
Citigroup Inc259,879$74.9M0.06%−182,416−41.2%Reduced
Harvest Portfolios Group Inc.251,295$72.4M2.14%+251,295New
HSBC Holdings PLC247,861$71.7M0.05%+72,492+41.3%Added
Stifel Financial Corp246,065$70.9M0.08%+19,755+8.7%Added
Commonwealth Equity Services, LLC238,472$68.7M0.10%+11,227+4.9%Added
State Board of Administration of Florida Retirement System221,860$64.0M0.13%+61,390+38.3%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.201,052$58.0M0.05%+55,063+37.7%Added
Correct Capital Wealth Management188,463$54.3M10.78%+20,790+12.4%Added
Bank of Montreal186,189$53.7M0.03%−2,543,418−93.2%Reduced
Victory Capital Management Inc176,399$50.9M0.05%+34,216+24.1%Added
Royal Bank of Canada162,909$47.0M0.01%+47,450+41.1%Added
Horizon Kinetics Asset Management LLC161,495$46.6M0.53%−3,820−2.3%Reduced
Mirae Asset Global ETFs Holdings Ltd.159,521$46.0M0.10%+42,655+36.5%Added
Aspiring Ventures, LLC116,843$45.9M25.94%+28,355+32.0%Added
BNP Paribas Arbitrage, SA154,814$44.6M0.03%−509,560−76.7%Reduced
PEAK6 LLC154,612$44.6M1.74%−290,892−65.3%Reduced
Group One Trading, L.P.146,064$42.1M1.75%+63,198+76.3%Added
Storebrand Asset Management AS138,757$40.0M0.13%+33,805+32.2%Added
Aviva PLC129,374$37.3M0.09%+34,421+36.3%Added
Van Eck Associates Corp128,448$37.0M0.05%+9,318+7.8%Added
State of Wisconsin Investment Board127,528$36.8M0.10%+26,571+26.3%Added
Strong Tower Advisory Services135,454$36.3M8.93%−24,757−15.5%Reduced
Advisor Group Holdings, Inc.118,717$34.2M0.08%−23,013−16.2%Reduced
Cetera Investment Advisers117,569$33.9M0.07%+17,089+17.0%Added
New York State Common Retirement Fund115,950$33.4M0.05%+33,900+41.3%Added
Danske Bank A/S114,528$33.0M0.10%+28,246+32.7%Added
Cambridge Investment Research Advisors, Inc.111,835$32.2M0.11%+1,149+1.0%Added
Creative Planning110,505$31.9M0.03%+6,063+5.8%Added
Royal London Asset Management Ltd110,069$31.7M0.08%+41,322+60.1%Added
LMR Partners LLP108,128$31.2M0.63%+56,206+108.3%Added
Treasurer of the State of North Carolina107,925$31.1M0.12%+31,285+40.8%Added
Healthcare of Ontario Pension Plan Trust Fund107,345$30.9M0.07%+56,032+109.2%Added
Foundations Investment Advisors, LLC107,029$30.9M0.57%+3,931+3.8%Added
Ossiam105,187$30.3M0.42%+101,844+3,046.5%Added
Mitsubishi UFJ Trust & Banking Corp101,227$29.2M0.08%+19,994+24.6%Added
Alliancebernstein L.P.99,074$28.6M0.01%+28,026+39.4%Added
BLKBRD Asset Management, LP98,965$28.5M34.67%+98,965New
Twin Tree Management, LP97,585$28.1M0.62%+31,659+48.0%Added
Korea Investment CORP95,867$27.6M0.07%+11,451+13.6%Added
KBC Group NV94,993$27.4M0.08%+53,069+126.6%Added
Squarepoint Ops LLC93,933$27.1M0.07%−13,561−12.6%Reduced
Raymond James Financial Inc90,838$26.2M0.01%−1,942−2.1%Reduced
Asset Management One Co.,Ltd.88,428$25.5M0.09%+22,793+34.7%Added
TD Asset Management Inc88,426$25.5M0.02%+30,848+53.6%Added
Great West Life Assurance Co87,652$25.3M0.04%+11,961+15.8%Added
Shariaportfolio, Inc.87,597$25.3M13.12%−7,718−8.1%Reduced
Mariner, LLC85,563$24.7M0.04%+8,154+10.5%Added
Universal- Beteiligungs- und Servicegesellschaft mbH85,246$24.6M0.05%+27,336+47.2%Added
Accuvest Global Advisors84,822$24.5M20.81%+60,470+248.3%Added
Virtu Financial LLC84,369$24.3M1.32%+84,369New