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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
Cresset Asset Management, LLC30,222$9.74M0.04%+1,284+4.4%Added
United Capital Management of KS, Inc.29,934$9.65M1.31%+665+2.3%Added
Quantinno Capital Management LP29,285$9.44M0.03%+11,518+64.8%Added
Simplex Trading, LLC29,257$9.43M0.21%+29,257New
Pacific Capital Wealth Advisors, Inc29,095$9.37M1.62%+60.0%Added
Utah Retirement Systems28,859$9.30M0.09%+2,755+10.6%Added
OP Asset Management Ltd27,659$8.91M0.12%+1,309+5.0%Added
Swiss Life Asset Management Ltd27,547$8.88M0.05%+4,009+17.0%Added
Shelton Capital Management27,235$8.78M0.19%−1,638−5.7%Reduced
Tobam27,189$8.76M3.17%+13,831+103.5%Added
Nisa Investment Advisors, LLC26,759$8.62M0.03%+6,154+29.9%Added
Macquarie Group Ltd26,360$8.49M0.01%+3,814+16.9%Added
Spahn Wealth & Retirement LLC19,223$8.47M5.02%−766−3.8%Reduced
Walleye Capital LLC26,158$8.43M0.07%+20,507+362.9%Added
Balyasny Asset Management LLC25,444$8.20M0.02%+6,544+34.6%Added
Rakuten Securities, Inc.25,296$8.15M3.01%−2,449−8.8%Reduced
EagleClaw Capital Managment, LLC25,000$8.06M1.13%−90−0.4%Reduced
Cushing Asset Management, LP25,000$8.06M0.46%+5,000+25.0%Added
Nordea Investment Management AB24,956$8.02M0.01%+3,484+16.2%Added
Virginia Retirement Systems Et Al24,700$7.96M0.05%+1,700+7.4%Added
Golden State Wealth Management, LLC24,422$7.87M0.87%+4,025+19.7%Added
Lido Advisors, LLC22,888$7.37M0.03%+17,760+346.3%Added
Capital International Sarl22,846$7.36M0.13%+643+2.9%Added
ASR Vermogensbeheer N.V.22,825$7.35M0.09%−83−0.4%Reduced
JustInvest LLC22,799$7.35M0.08%−97−0.4%Reduced
Sloy Dahl & Holst, LLC22,789$7.34M0.78%00.0%Unchanged
Collar Capital Management, LLC22,756$7.33M5.16%−419−1.8%Reduced
Mackenzie Financial Corp22,655$7.30M0.01%+2,357+11.6%Added
Envestnet Asset Management Inc22,604$7.28M0.00%+2,668+13.4%Added
Finer Wealth Management, Inc.22,248$7.17M3.57%00.0%Unchanged
Pathstone Holdings, LLC25,584$7.10M0.03%+3,915+18.1%Added
Heritage Investors Management Corp21,909$7.06M0.21%−106−0.5%Reduced
Prudential PLC21,703$6.99M0.05%+6,606+43.8%Added
Truist Financial Corp21,668$6.98M0.01%+3,507+19.3%Added
Catalyst Funds Management Pty Ltd21,600$6.96M1.06%+21,600New
Prudential Financial Inc21,168$6.82M0.01%−1,012−4.6%Reduced
O'Shaughnessy Asset Management, LLC21,023$6.77M0.04%+3,675+21.2%Added
Oppenheimer & Co Inc20,936$6.75M0.08%+2,318+12.5%Added
Kestra Private Wealth Services, LLC20,810$6.71M0.09%+3,686+21.5%Added
Advisory Services Network, LLC20,663$6.66M0.10%−5,597−21.3%Reduced
Bleakley Financial Group, LLC20,164$6.50M0.15%−1,620−7.4%Reduced
Titleist Asset Management, LLC20,132$6.49M0.57%−482−2.3%Reduced
Blair William & Co19,975$6.44M0.02%+879+4.6%Added
CWM, LLC19,858$6.40M0.02%+3,217+19.3%Added
Nations Financial Group Inc,19,765$6.37M0.40%+223+1.1%Added
CAPROCK Group, Inc.18,927$6.33M0.16%+18,927New
Louisiana State Employees Retirement System19,200$6.19M0.10%+600+3.2%Added
Profund Advisors LLC19,081$6.15M0.20%+202+1.1%Added
CIBC Bancorp USA Inc.19,023$6.13M0.04%+19,023New
Janus Henderson Group PLC18,922$6.10M0.00%+2,800+17.4%Added
Blue Sky Capital Consultants Group, Inc.18,597$5.99M2.63%+1,346+7.8%Added
Secure Asset Management, LLC17,674$5.98M0.99%+1,456+9.0%Added
Vienna Asset Management LLC18,485$5.96M3.55%+15,728+570.5%Added
X-Square Capital, LLC18,279$5.89M1.84%−6,978−27.6%Reduced
BIT Capital GmbH18,125$5.84M0.27%+8,596+90.2%Added
HHM Wealth Advisors, LLC17,982$5.79M0.67%−46−0.3%Reduced
Massar Capital Management, LP17,977$5.79M2.07%+17,977New
Park Avenue Securities LLC17,871$5.76M0.04%+6,378+55.5%Added
Truvestments Capital LLC17,709$5.71M1.03%+7,661+76.2%Added
Brookstone Capital Management17,039$5.49M0.07%+1,937+12.8%Added
Sanctuary Advisors, LLC16,862$5.43M0.03%−858−4.8%Reduced
Capstone Financial Advisors, Inc.16,698$5.38M0.29%+3,923+30.7%Added
Vontobel Holding Ltd.16,606$5.35M0.02%+8,559+106.4%Added
Kentucky Retirement Systems16,576$5.34M0.15%+1,769+11.9%Added
Winton Group Ltd16,554$5.33M0.20%+16,554New
Harvest Fund Management Co., Ltd16,197$5.22M0.22%+1,789+12.4%Added
Beaird Harris Wealth Management, LLC16,092$5.18M0.37%+320+2.0%Added
Gateway Investment Advisers LLC16,060$5.17M0.05%+16,060New
Candriam Luxembourg S.C.A.15,922$5.13M0.03%−2,196−12.1%Reduced
Coastal Investment Advisors, Inc.15,645$5.04M1.69%−2,102−11.8%Reduced
Rathbone Brothers plc15,523$5.00M0.02%+71+0.5%Added
US Bancorp15,315$4.93M0.01%−69−0.4%Reduced
Miller Value Partners, LLC15,250$4.91M1.81%00.0%Unchanged
PKO Investment Management Joint-Stock Co15,000$4.83M0.41%+5,000+50.0%Added
KPP Advisory Services LLC14,915$4.81M0.71%+20.0%Added
Global Retirement Partners, LLC14,854$4.79M0.11%+1,221+9.0%Added
Brinker Capital Investments, LLC14,769$4.76M0.04%−8,725−37.1%Reduced
Patriot Investment Management Inc.14,465$4.66M0.30%+2,356+19.5%Added
Western Wealth Management, LLC14,426$4.65M0.25%+2,971+25.9%Added
CAP Partners, LLC14,254$4.59M2.61%+3,086+27.6%Added
Bank of Nova Scotia13,987$4.51M0.01%+4,760+51.6%Added
Manufacturers Life Insurance Company, The13,986$4.51M0.00%−5,229−27.2%Reduced
Equitable Holdings, Inc.13,912$4.48M0.03%+2,726+24.4%Added
Steward Partners Investment Advisory, LLC13,850$4.46M0.03%+114+0.8%Added
Amalgamated Bank13,684$4.41M0.03%+543+4.1%Added
StoneX Group Inc.13,622$4.39M0.19%+2,955+27.7%Added
Capital International Ltd13,621$4.39M0.16%00.0%Unchanged
Capstone Investment Advisors, LLC13,360$4.30M0.04%+10,872+437.0%Added
Stevens Capital Management LP13,273$4.28M0.57%−75,704−85.1%Reduced
Gulf International Bank (UK) Ltd13,249$4.27M0.14%+475+3.7%Added
Maryland State Retirement & Pension System13,168$4.24M0.09%+1,028+8.5%Added
Apollon Wealth Management, LLC13,089$4.22M0.08%+267+2.1%Added
Engineers Gate Manager LP13,060$4.21M0.05%+8,060+161.2%Added
Sky-Mountain Capital Management, Inc.14,907$4.19M2.92%−21,522−59.1%Reduced
Correct Capital Wealth Management12,842$4.14M0.76%−55,879−81.3%Reduced
Chicago Partners Investment Group LLC14,524$4.13M0.11%+2,771+23.6%Added
Colony Group, LLC12,756$4.11M0.01%+7,625+148.6%Added
Paradigm Financial Partners, LLC12,709$4.09M0.42%−946−6.9%Reduced
Ethic Inc.12,641$4.07M0.07%+9,741+335.9%Added
Captrust Financial Advisors12,561$4.05M0.01%+2,657+26.8%Added