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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, Q3 2025

Institutional positions in Strategy Inc as of Sep 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
1,087
−52 vs. Q2 2025
Shares held
140.0M
+11.7M (+9.1%) vs. Q2 2025
Total value
$45.1B
−$6.65B (−12.8%) vs. Q2 2025
New holders
124
503 more added
Sold out
176
323 more reduced

22 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 1,087 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 heldQ3 2025: $45.1B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Strategy Inc; share changes are against Q2 2025.

Institutions holding MSTR in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc19,884,275$6.41B0.10%+1,344,519+7.3%Added
Capital International Investors15,014,295$4.84B0.78%+383,207+2.6%Added
BlackRock, Inc.14,656,166$4.72B0.08%+466,478+3.3%Added
Morgan Stanley8,416,982$2.71B0.16%−778,275−8.5%Reduced
State Street Corp5,989,048$1.93B0.07%+504,479+9.2%Added
Clear Street Group Inc.4,777,997$1.54B7.49%+4,777,997New
Capital Research Global Investors4,205,258$1.35B0.25%+1,057,804+33.6%Added
Cantor Fitzgerald, L. P.4,009,492$1.29B25.34%−406,238−9.2%Reduced
Geode Capital Management, LLC3,736,156$1.20B0.08%+214,492+6.1%Added
UBS Group AG2,522,401$812.7M0.16%+987,718+64.4%Added
JPMorgan Chase & Co2,375,683$765.5M0.05%−772,453−24.5%Reduced
Goldman Sachs Group Inc2,092,268$674.1M0.10%+1,300,403+164.2%Added
Marex Group plc2,082,849$671.2M8.31%+202,704+10.8%Added
National Bank of Canada2,044,804$658.9M0.74%+1,476,858+260.0%Added
Capula Management Ltd1,756,048$565.8M4.21%+1,755,481+309,608.6%Added
Invesco Ltd.1,593,085$513.3M0.08%+194,987+13.9%Added
Northern Trust Corp1,570,323$506.0M0.06%+82,248+5.5%Added
Royal Bank of Canada1,565,481$504.4M0.09%+1,376,824+729.8%Added
Harvest Portfolios Group Inc.1,550,520$499.6M9.22%+842,480+119.0%Added
FMR LLC1,492,625$480.9M0.03%−569,732−27.6%Reduced
Weiss Asset Management LP1,388,564$447.4M6.39%−820,315−37.1%Reduced
Bank of Montreal1,298,181$418.3M0.18%+377,828+41.1%Added
Capital World Investors1,279,132$412.1M0.06%+224,773+21.3%Added
Legal & General Group Plc1,255,770$404.6M0.09%+87,333+7.5%Added
UBS Asset Management Americas Inc1,251,234$403.2M0.09%−84,795−6.3%Reduced
Charles Schwab Investment Management Inc1,179,156$379.9M0.06%+112,185+10.5%Added
Amundi1,011,362$363.8M0.12%−772,620−43.3%Reduced
Bank of New York Mellon Corp923,265$297.5M0.05%+14,823+1.6%Added
Deutsche Bank AG838,431$270.2M0.09%+179,706+27.3%Added
Toroso Investments, LLC771,465$248.6M1.06%+351,619+83.7%Added
Swiss National Bank752,500$242.5M0.14%+3,200+0.4%Added
Barclays PLC706,808$227.7M0.08%+205,275+40.9%Added
LPL Financial LLC643,558$207.4M0.06%−7,645−1.2%Reduced
Sumitomo Mitsui Trust Holdings, Inc.623,981$201.1M0.12%+35,443+6.0%Added
Natixis591,017$190.4M1.02%−124,581−17.4%Reduced
National Pension Service511,640$164.9M0.13%+4,547+0.9%Added
Bank of America Corp493,083$158.9M0.01%−232,779−32.1%Reduced
Nuveen, LLC477,925$154.0M0.04%+22,590+5.0%Added
Price T Rowe Associates Inc470,590$151.6M0.02%−1,129,526−70.6%Reduced
Hudson Bay Capital Management LP457,611$147.4M0.90%−733,747−61.6%Reduced
California Public Employees Retirement System448,157$144.4M0.09%+37,561+9.1%Added
First Trust Advisors LP412,637$133.0M0.10%+63,906+18.3%Added
California State Teachers Retirement System411,981$132.7M0.14%+24,071+6.2%Added
Canada Pension Plan Investment Board393,322$126.7M0.09%+393,322New
Wells Fargo & Company346,644$111.7M0.02%−375,139−52.0%Reduced
Citigroup Inc344,281$110.9M0.08%+62,000+22.0%Added
LMR Partners LLP333,116$107.3M1.39%+241,434+263.3%Added
Susquehanna International Group, LLP318,176$102.5M0.15%+71,456+29.0%Added
Rhumbline Advisers313,565$101.0M0.08%+43,509+16.1%Added
PEAK6 LLC300,454$96.8M2.43%+300,451+10,015,033.3%Added
ProShare Advisors LLC286,776$92.4M0.19%−59,686−17.2%Reduced
New York State Common Retirement Fund282,150$90.9M0.12%+700+0.2%Added
Voloridge Investment Management, LLC266,550$85.9M0.29%−153,171−36.5%Reduced
HSBC Holdings PLC264,217$84.6M0.05%−44,339−14.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.261,847$84.4M0.06%+28,880+12.4%Added
Ossiam247,410$79.7M1.03%+63,008+34.2%Added
State Board of Administration of Florida Retirement System241,215$77.7M0.14%+1,189+0.5%Added
Mirae Asset Securities (USA) Inc.236,621$76.2M3.34%−199,503−45.7%Reduced
KBC Group NV223,123$71.9M0.17%+108,747+95.1%Added
SG Americas Securities, LLC221,300$71.3M0.26%−68,988−23.8%Reduced
BNP Paribas Arbitrage, SA209,679$67.6M0.05%−45,307−17.8%Reduced
Aviva PLC207,467$66.8M0.12%+22,380+12.1%Added
Commonwealth Equity Services, LLC206,140$66.4M0.09%−1,191−0.6%Reduced
Van Eck Associates Corp204,506$65.9M0.06%+64,482+46.1%Added
Stifel Financial Corp197,972$63.8M0.06%−47,526−19.4%Reduced
Cetera Investment Advisers191,597$61.7M0.07%+67,028+53.8%Added
Victory Capital Management Inc188,454$60.7M0.04%+4,181+2.3%Added
Walleye Trading LLC187,082$60.3M0.96%+26,223+16.3%Added
Point72 Europe (London) LLP186,602$60.1M3.27%+186,602New
Storebrand Asset Management AS168,197$54.2M0.14%+4,777+2.9%Added
CTC LLC166,796$53.7M2.19%−255,750−60.5%Reduced
Jane Street Group, LLC165,963$53.5M0.06%+6,807+4.3%Added
Jefferies Financial Group Inc.163,258$52.6M0.48%+144,906+789.6%Added
Treasurer of the State of North Carolina159,571$51.4M0.16%+30,227+23.4%Added
Mirae Asset Global ETFs Holdings Ltd.144,640$46.6M0.07%−10,720−6.9%Reduced
Great West Life Assurance Co139,034$45.4M0.06%+42,145+43.5%Added
Robeco Institutional Asset Management B.V.140,248$45.2M0.07%+14,598+11.6%Added
Horizon Kinetics Asset Management LLC138,488$44.6M0.54%−7,011−4.8%Reduced
Jump Financial, LLC137,349$44.3M0.56%+34,161+33.1%Added
State of Wisconsin Investment Board137,242$44.2M0.10%+5,040+3.8%Added
Aspiring Ventures, LLC134,597$43.4M15.35%+9,963+8.0%Added
Point72 Asset Management, L.P.133,708$43.1M0.09%+133,708New
Renaissance Technologies LLC225,730$42.1M0.06%−38,869−14.7%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH130,062$41.9M0.07%+43,752+50.7%Added
Millennium Management LLC129,639$41.8M0.03%+64,099+97.8%Added
Vident Advisory, LLC128,437$41.4M0.40%+30,714+31.4%Added
TB Alternative Assets Ltd.126,000$40.6M6.07%+126,000New
Royal London Asset Management Ltd121,812$39.2M0.08%+8,361+7.4%Added
Korea Investment CORP118,926$38.3M0.08%−18,268−13.3%Reduced
Danske Bank A/S118,906$38.3M0.10%+8,546+7.7%Added
Exchange Traded Concepts, LLC118,624$38.2M0.36%+57,185+93.1%Added
Schroder Investment Management Group118,478$38.2M0.03%+20,536+21.0%Added
Mariner, LLC117,143$37.7M0.05%−9,865−7.8%Reduced
BLKBRD Asset Management, LP115,483$37.2M10.37%−43,778−27.5%Reduced
Mitsubishi UFJ Trust & Banking Corp114,983$37.0M0.08%+8,190+7.7%Added
Advisor Group Holdings, Inc.111,312$36.4M0.05%+2,251+2.1%Added
Foundations Investment Advisors, LLC110,190$35.5M0.52%+428+0.4%Added
TD Asset Management Inc108,907$35.1M0.03%+916+0.8%Added
Nomura Holdings Inc108,353$34.9M0.16%+21,416+24.6%Added
Shariaportfolio, Inc.106,492$34.3M13.13%+16,354+18.1%Added