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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, Q2 2025

Institutional positions in Strategy Inc as of Jun 30, 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
1,161
+156 vs. Q1 2025
Shares held
137.4M
+12.1M (+9.7%) vs. Q1 2025
Total value
$55.5B
+$19.3B (+53.4%) vs. Q1 2025
New holders
232
522 more added
Sold out
76
264 more reduced

8 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 1,161 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 heldQ2 2025: $55.5B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Strategy Inc; share changes are against Q1 2025.

Institutions holding MSTR in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc18,539,756$7.49B0.12%−2,047,255−9.9%Reduced
Capital International Investors14,631,088$5.91B1.02%−48,695−0.3%Reduced
BlackRock, Inc.14,189,688$5.74B0.11%−229,118−1.6%Reduced
Morgan Stanley9,195,257$3.72B0.24%+1,511,317+19.7%Added
Clear Street LLC5,971,971$2.41B14.24%+5,971,971New
State Street Corp5,484,569$2.22B0.08%+495,278+9.9%Added
Cantor Fitzgerald, L. P.4,415,730$1.78B43.83%−238,521−5.1%Reduced
Geode Capital Management, LLC3,521,664$1.42B0.10%−614,225−14.9%Reduced
JPMorgan Chase & Co3,148,136$1.27B0.09%+2,024,218+180.1%Added
Capital Research Global Investors3,147,454$1.27B0.25%+406,180+14.8%Added
Norges Bank2,976,182$1.20B0.15%+319,909+12.0%Added
Weiss Asset Management LP2,208,879$892.9M14.12%+992,689+81.6%Added
FMR LLC2,062,357$833.7M0.05%+1,499,669+266.5%Added
Marex Group plc1,880,145$759.9M14.45%+203,347+12.1%Added
Amundi1,783,982$717.7M0.25%+1,411,500+378.9%Added
Price T Rowe Associates Inc1,600,116$646.8M0.07%+1,288,104+412.8%Added
UBS Group AG1,534,683$620.4M0.13%−646,506−29.6%Reduced
Northern Trust Corp1,488,075$601.5M0.08%+95,409+6.9%Added
Invesco Ltd.1,398,098$565.2M0.10%+171,940+14.0%Added
UBS Asset Management Americas Inc1,336,029$540.1M0.11%+290,512+27.8%Added
Hudson Bay Capital Management LP1,191,358$481.6M3.17%+470,366+65.2%Added
Legal & General Group Plc1,168,437$472.3M0.12%+187,291+19.1%Added
Charles Schwab Investment Management Inc1,066,971$431.3M0.07%+56,577+5.6%Added
Capital World Investors1,054,359$426.2M0.06%+401,555+61.5%Added
Belvedere Trading LLC939,151$379.6M29.91%+42,379+4.7%Added
Bank of Montreal920,353$372.0M0.19%+734,164+394.3%Added
Bank of New York Mellon Corp908,442$367.2M0.07%−3,340−0.4%Reduced
Goldman Sachs Group Inc791,865$320.1M0.05%+459,271+138.1%Added
Swiss National Bank749,300$302.9M0.18%+109,500+17.1%Added
Bank of America Corp725,862$293.4M0.02%+323,393+80.4%Added
Wells Fargo & Company721,783$291.8M0.06%+354,571+96.6%Added
Natixis715,598$289.3M1.44%+441,815+161.4%Added
Harvest Portfolios Group Inc.708,040$286.2M6.66%+456,745+181.8%Added
Deutsche Bank AG658,725$266.3M0.10%+140,683+27.2%Added
LPL Financial LLC651,203$263.2M0.09%+26,044+4.2%Added
Sumitomo Mitsui Trust Holdings, Inc.588,538$237.9M0.15%+59,688+11.3%Added
National Bank of Canada567,946$229.6M0.25%−176,742−23.7%Reduced
National Pension Service507,093$205.0M0.18%+217,358+75.0%Added
Barclays PLC501,533$202.7M0.08%+50,021+11.1%Added
Nuveen, LLC455,335$184.1M0.05%−90,634−16.6%Reduced
Mirae Asset Securities (USA) Inc.436,124$176.3M7.78%+84,799+24.1%Added
CTC LLC422,546$170.8M10.90%+422,546New
Toroso Investments, LLC419,846$169.7M1.11%−61,077−12.7%Reduced
Voloridge Investment Management, LLC419,721$169.7M0.63%+402,483+2,334.9%Added
California Public Employees Retirement System410,596$166.0M0.11%+53,413+15.0%Added
California State Teachers Retirement System387,910$156.8M0.17%+50,974+15.1%Added
First Trust Advisors LP348,731$141.0M0.11%−126,698−26.6%Reduced
ProShare Advisors LLC346,462$140.1M0.28%+35,699+11.5%Added
HSBC Holdings PLC308,556$124.6M0.08%+60,695+24.5%Added
SG Americas Securities, LLC290,288$117.3M0.51%−18,394−6.0%Reduced
Citigroup Inc282,281$114.1M0.08%+22,402+8.6%Added
New York State Common Retirement Fund281,450$113.8M0.15%+165,500+142.7%Added
Rhumbline Advisers270,056$109.2M0.09%+1,650+0.6%Added
BNP Paribas Arbitrage, SA254,986$103.1M0.08%+100,172+64.7%Added
Susquehanna International Group, LLP246,720$99.7M0.15%−605,018−71.0%Reduced
Stifel Financial Corp245,498$99.2M0.10%−567−0.2%Reduced
State Board of Administration of Florida Retirement System240,026$97.0M0.17%+18,166+8.2%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.232,967$94.2M0.08%+31,915+15.9%Added
Commonwealth Equity Services, LLC207,331$83.8M0.11%−31,141−13.1%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main204,564$82.7M0.09%+133,963+189.7%Added
Royal Bank of Canada188,657$76.3M0.01%+25,748+15.8%Added
Aviva PLC185,087$74.8M0.15%+55,713+43.1%Added
Ossiam184,402$74.5M0.84%+79,215+75.3%Added
Victory Capital Management Inc184,273$74.5M0.05%+7,874+4.5%Added
Storebrand Asset Management AS163,420$66.1M0.19%+24,663+17.8%Added
Walleye Trading LLC160,859$65.0M1.59%+97,653+154.5%Added
BLKBRD Asset Management, LP159,261$64.4M36.29%+60,296+60.9%Added
Jane Street Group, LLC159,156$64.3M0.10%+134,787+553.1%Added
Group One Trading, L.P.157,346$63.6M2.08%+11,282+7.7%Added
Mirae Asset Global ETFs Holdings Ltd.155,360$62.8M0.12%−4,161−2.6%Reduced
CI Private Wealth, LLC148,054$59.8M0.09%+71,075+92.3%Added
Horizon Kinetics Asset Management LLC145,499$58.8M0.70%−15,996−9.9%Reduced
Van Eck Associates Corp140,024$56.6M0.06%+11,576+9.0%Added
Korea Investment CORP137,194$55.5M0.12%+41,327+43.1%Added
Jain Global LLC134,916$54.5M0.85%+134,916New
Strong Tower Advisory Services134,075$54.2M10.69%−1,379−1.0%Reduced
State of Wisconsin Investment Board132,202$53.4M0.13%+4,674+3.7%Added
Treasurer of the State of North Carolina129,344$52.3M0.17%+21,419+19.8%Added
Mariner, LLC127,008$51.3M0.07%+41,445+48.4%Added
Robeco Institutional Asset Management B.V.125,650$50.8M0.08%+54,144+75.7%Added
Aspiring Ventures, LLC124,634$50.4M22.62%+7,791+6.7%Added
Cetera Investment Advisers124,569$50.4M0.08%+7,000+6.0%Added
HRT Financial LP124,551$50.3M0.22%+124,551New
KBC Group NV114,376$46.2M0.12%+19,383+20.4%Added
Royal London Asset Management Ltd113,451$45.9M0.10%+3,382+3.1%Added
Danske Bank A/S110,360$44.6M0.11%−4,168−3.6%Reduced
Foundations Investment Advisors, LLC109,762$44.4M0.70%+2,733+2.6%Added
Advisor Group Holdings, Inc.109,061$44.1M0.08%−9,656−8.1%Reduced
TD Asset Management Inc107,991$43.7M0.04%+19,565+22.1%Added
Mitsubishi UFJ Trust & Banking Corp106,793$43.2M0.10%+5,566+5.5%Added
Jump Financial, LLC103,188$41.7M0.51%−234,435−69.4%Reduced
Pictet Asset Management Holding SA101,945$41.2M0.04%+18,568+22.3%Added
Public Employees Retirement System of Ohio101,880$41.2M0.14%+21,499+26.7%Added
Asset Management One Co.,Ltd.100,482$40.6M0.13%+12,054+13.6%Added
Cambridge Investment Research Advisors, Inc.100,212$40.5M0.12%−11,623−10.4%Reduced
Raymond James Financial Inc99,897$40.4M0.01%+9,059+10.0%Added
Creative Planning99,788$40.3M0.03%−10,717−9.7%Reduced
Schroder Investment Management Group97,942$39.6M0.03%+38,737+65.4%Added
Neuberger Berman Group LLC97,901$39.6M0.03%+39,036+66.3%Added
Vident Advisory, LLC97,723$39.5M0.44%+86,361+760.1%Added