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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
Public Employees Retirement System of Ohio105,464$34.0M0.11%+3,584+3.5%Added
Pictet Asset Management Holding SA102,578$33.1M0.03%+633+0.6%Added
Asset Management One Co.,Ltd.101,005$32.5M0.09%+523+0.5%Added
Cambridge Investment Research Advisors, Inc.100,554$32.4M0.09%+342+0.3%Added
KLP Kapitalforvaltning AS94,700$30.5M0.12%+5,200+5.8%Added
DnB Asset Management AS92,101$29.7M0.11%+45,927+99.5%Added
State of New Jersey Common Pension Fund D91,165$29.4M0.11%+7,714+9.2%Added
Strong Tower Advisory Services89,981$29.0M5.49%−44,094−32.9%Reduced
Handelsbanken Fonder AB89,023$28.7M0.09%+386+0.4%Added
HighTower Advisors, LLC88,849$28.6M0.03%+6,185+7.5%Added
Belvedere Trading LLC88,649$28.6M2.29%−850,502−90.6%Reduced
Raymond James Financial Inc88,321$28.5M0.01%−11,576−11.6%Reduced
Nomura Asset Management Co Ltd87,614$28.2M0.07%+3,364+4.0%Added
EULAV Asset Management86,500$27.9M0.65%+24,000+38.4%Added
Alliancebernstein L.P.82,800$26.7M0.01%+492+0.6%Added
Rockefeller Capital Management L.P.80,414$25.9M0.05%+11,166+16.1%Added
Swedbank AB79,144$25.5M0.03%−293−0.4%Reduced
Resona Asset Management Co.,Ltd.78,249$25.3M0.12%+335+0.4%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main77,686$25.0M0.02%−126,878−62.0%Reduced
Creative Planning76,807$24.7M0.02%−22,981−23.0%Reduced
Lansforsakringar Fondforvaltning AB (publ)76,594$24.7M0.13%+1,620+2.2%Added
NEOS Investment Management LLC76,287$24.6M0.18%+35,169+85.5%Added
Arizona State Retirement System76,238$24.6M0.13%+3,923+5.4%Added
STRS Ohio75,236$24.2M0.09%−1,565−2.0%Reduced
Teacher Retirement System of Texas73,446$23.7M0.10%−1,629−2.2%Reduced
Ameriprise Financial Inc73,411$23.7M0.01%+13,982+23.5%Added
Kapstone Financial Advisors LLC72,006$23.2M10.93%+1,521+2.2%Added
Mirae Asset Global Investments Co., Ltd.71,800$23.1M0.07%+10,727+17.6%Added
Accuvest Global Advisors71,783$23.1M14.42%−120.0%Reduced
Nissay Asset Management Corp68,170$22.0M0.12%+4,245+6.6%Added
Generali Asset Management SPA SGR67,272$21.7M0.46%−534−0.8%Reduced
Citadel Advisors LLC66,990$21.6M0.02%+54,301+427.9%Added
Zurcher Kantonalbank (Zurich Cantonalbank)66,089$21.3M0.05%−2,264−3.3%Reduced
Wealth Enhancement Advisory Services, LLC61,924$20.3M0.03%+11,010+21.6%Added
Guggenheim Capital LLC62,642$20.2M0.15%+2,442+4.1%Added
Brevan Howard Capital Management LP62,129$20.0M0.29%−12,987−17.3%Reduced
Group One Trading, L.P.59,180$19.1M0.57%−98,166−62.4%Reduced
MML Investors Services, LLC59,154$19.1M0.05%+10,444+21.4%Added
Mercer Global Advisors Inc58,784$18.9M0.03%+58,784New
BI Asset Management Fondsmaeglerselskab A/S57,620$18.6M0.17%+2,219+4.0%Added
Private Advisor Group, LLC57,439$18.5M0.09%+15,982+38.6%Added
Toronto Dominion Bank61,152$18.5M0.04%−2,912−4.5%Reduced
Tudor Investment Corp Et Al56,355$18.2M0.12%+18,982+50.8%Added
Cubist Systematic Strategies, LLC56,336$18.2M0.26%+47,634+547.4%Added
Forsta Ap-Fonden56,300$18.1M0.11%+5,900+11.7%Added
Kestra Advisory Services, LLC55,731$18.0M0.08%−3,436−5.8%Reduced
CIBC Asset Management Inc55,579$17.9M0.05%+2,078+3.9%Added
Optiver Holding B.V.54,834$17.7M0.29%+54,834New
Credit Agricole S A53,882$17.4M0.06%+53,882New
D. E. Shaw & Co., Inc.53,780$17.3M0.01%−26,363−32.9%Reduced
Wealthfront Advisers LLC53,558$17.3M0.04%−2,056−3.7%Reduced
Standard Life Aberdeen plc53,541$17.0M0.03%+15,765+41.7%Added
Independent Advisor Alliance52,753$17.0M0.44%−4,073−7.2%Reduced
GWM Advisors LLC52,431$16.7M0.08%+2,564+5.1%Added
GF Fund Management Co. Ltd.50,570$16.3M0.30%−190.0%Reduced
Madden Securities Corp50,041$16.1M4.93%+745+1.5%Added
Compass Ion Advisors, LLC50,005$16.1M1.55%−243−0.5%Reduced
Skandinaviska Enskilda Banken AB (publ)49,417$15.9M0.06%−1,566−3.1%Reduced
Leonteq Securities AG48,726$15.7M0.84%+23,427+92.6%Added
IFM Investors Pty Ltd50,046$15.5M0.14%+2,349+4.9%Added
Franklin Resources Inc47,205$15.2M0.00%+16,776+55.1%Added
Sumitomo Mitsui DS Asset Management Company, Ltd46,828$15.1M0.12%+8,952+23.6%Added
SEI Investments Co45,414$14.6M0.02%+5,509+13.8%Added
Mn Services Vermogensbeheer B.V.45,000$14.5M0.09%−47,500−51.4%Reduced
Daiwa Securities Group Inc.43,663$14.5M0.05%−10,773−19.8%Reduced
Capital Wealth Alliance, LLC44,700$14.4M7.16%+609+1.4%Added
Fiduciary Alliance LLC44,445$14.3M0.96%−473−1.1%Reduced
Public Sector Pension Investment Board43,000$13.9M0.05%+43,000New
Police & Firemen's Retirement System of New Jersey42,611$13.7M0.11%+4,679+12.3%Added
Ensign Peak Advisors, Inc42,509$13.7M0.02%+9,548+29.0%Added
Consolidated Portfolio Review Corp42,098$13.6M1.70%−434−1.0%Reduced
Kingswood Wealth Advisors, LLC41,017$13.2M0.80%+3,403+9.0%Added
USS Investment Management Ltd40,953$13.2M0.06%00.0%Unchanged
CIBC World Markets Inc.40,926$13.2M0.03%+6,912+20.3%Added
Acorn Financial Advisory Services Inc40,873$13.2M2.02%−1,445−3.4%Reduced
QRG Capital Management, Inc.40,688$13.1M0.16%+28,345+229.6%Added
Vista Investment Partners II, LLC39,532$12.7M5.94%+659+1.7%Added
Independent Financial Group, LLC39,399$12.7M0.30%−7,002−15.1%Reduced
Moors & Cabot, Inc.39,265$12.7M0.55%+45+0.1%Added
Capital Fund Management S.A.39,161$12.6M0.13%−1,500−3.7%Reduced
Erste Asset Management GmbH37,699$12.3M0.12%+10,699+39.6%Added
Varma Mutual Pension Insurance Co38,100$12.3M0.08%+3,000+8.5%Added
Teamwork Financial Advisors, LLC37,733$12.2M1.32%+30,865+449.4%Added
British Columbia Investment Management Corp37,585$12.1M0.07%−1,357−3.5%Reduced
AXA Investment Managers S.A.37,147$12.0M0.03%+37,147New
American Century Companies Inc36,453$11.7M0.01%+2,526+7.4%Added
Russell Investments Group, Ltd.36,152$11.7M0.01%+53+0.1%Added
Rafferty Asset Management, LLC35,512$11.4M0.04%+3,163+9.8%Added
EverSource Wealth Advisors, LLC35,336$11.4M0.45%+2,645+8.1%Added
Public Employees Retirement Association of Colorado33,753$10.9M0.04%+1,044+3.2%Added
Pacer Advisors, Inc.33,136$10.7M0.03%+9,758+41.7%Added
SBI Securities Co., Ltd.32,877$10.6M0.27%−1,184−3.5%Reduced
Janney Montgomery Scott LLC32,848$10.6M0.03%+4,387+15.4%Added
Summit Financial, LLC32,296$10.4M0.16%+28,714+801.6%Added
RFG Advisory, LLC31,809$10.2M0.21%+31,171+4,885.7%Added
Elequin Capital LP30,794$9.92M0.85%+17,683+134.9%Added
Xponance, Inc.30,753$9.91M0.08%+2,505+8.9%Added
IHT Wealth Management, LLC30,569$9.85M0.25%+1,821+6.3%Added
iA Global Asset Management Inc.30,559$9.85M0.13%+2,453+8.7%Added
Man Group plc30,347$9.78M0.02%−11,609−27.7%Reduced