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.
13F holders, Q4 2025
Institutional positions in Strategy Inc as of Dec 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
- 982
- −81 vs. Q3 2025
- Shares held
- 174.6M
- +34.9M (+25.0%) vs. Q3 2025
- Total value
- $26.6B
- −$18.4B (−41.0%) vs. Q3 2025
- New holders
- 172
- 383 more added
- Sold out
- 253
- 334 more reduced
24 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 852 | $18.2B |
| Q1 2026 | 946 | $24.7B |
| Q4 2025 | 982 | $26.6B |
| Q3 2025 | 1,087 | $45.1B |
| Q2 2025 | 1,161 | $55.5B |
| Q1 2025 | 1,013 | $36.2B |
| Q4 2024 | 993 | $31.1B |
| Q3 2024 | 662 | $16.0B |
| Q2 2024 | 592 | $12.5B |
| Q1 2024 | 530 | $16.4B |
| Q4 2023 | 370 | $5.14B |
| Q3 2023 | 295 | $2.29B |
| Q2 2023 | 271 | $2.39B |
| Q1 2023 | 252 | $1.92B |
| Q4 2022 | 212 | $812.8M |
| Q3 2022 | 231 | $1.25B |
| Q2 2022 | 238 | $1.05B |
| Q1 2022 | 268 | $3.00B |
| Q4 2021 | 290 | $3.26B |
| Q3 2021 | 287 | $3.30B |
| Q2 2021 | 270 | $4.24B |
| Q1 2021 | 287 | $3.86B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Strategy Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 24,062,886 | $3.66B | 0.05% | +4,178,611+21.0% | Added |
| Capital International Investors | 20,614,868 | $3.13B | 0.49% | +5,600,573+37.3% | Added |
| BlackRock, Inc. | 14,607,280 | $2.22B | 0.04% | −48,886−0.3% | Reduced |
| Morgan Stanley | 9,380,398 | $1.43B | 0.09% | +963,416+11.4% | Added |
| Invesco Ltd. | 7,832,469 | $1.19B | 0.11% | +6,239,384+391.7% | Added |
| Capital Research Global Investors | 7,008,535 | $1.06B | 0.20% | +2,803,277+66.7% | Added |
| State Street Corp | 6,127,301 | $931.0M | 0.03% | +138,253+2.3% | Added |
| UBS Group AG | 5,760,243 | $875.3M | 0.17% | +3,237,842+128.4% | Added |
| Amundi | 4,790,702 | $727.9M | 0.20% | +3,779,340+373.7% | Added |
| Geode Capital Management, LLC | 3,911,499 | $592.8M | 0.04% | +175,343+4.7% | Added |
| Bank of America Corp | 3,848,306 | $584.8M | 0.04% | +3,355,223+680.5% | Added |
| Norges Bank | 3,528,397 | $536.1M | 0.06% | +3,528,397 | New |
| Marex Group plc | 2,934,332 | $445.9M | 4.83% | +851,483+40.9% | Added |
| Capital World Investors | 2,911,311 | $442.4M | 0.06% | +1,632,179+127.6% | Added |
| Cantor Fitzgerald, L. P. | 2,430,583 | $369.3M | 11.00% | −1,578,909−39.4% | Reduced |
| Goldman Sachs Group Inc | 2,330,142 | $354.1M | 0.05% | +237,874+11.4% | Added |
| Harvest Portfolios Group Inc. | 2,110,081 | $320.6M | 5.58% | +559,561+36.1% | Added |
| Clear Street Group Inc. | 1,971,486 | $299.6M | 1.57% | −2,806,511−58.7% | Reduced |
| Northern Trust Corp | 1,581,952 | $240.4M | 0.03% | +11,629+0.7% | Added |
| Bank of Montreal | 1,086,627 | $236.8M | 0.10% | −211,554−16.3% | Reduced |
| UBS Asset Management Americas Inc | 1,493,816 | $227.0M | 0.05% | +242,582+19.4% | Added |
| Legal & General Group Plc | 1,371,947 | $208.5M | 0.05% | +116,177+9.3% | Added |
| Charles Schwab Investment Management Inc | 1,271,015 | $193.1M | 0.03% | +91,859+7.8% | Added |
| Royal Bank of Canada | 1,155,972 | $175.7M | 0.03% | −409,509−26.2% | Reduced |
| Barclays PLC | 1,144,912 | $174.0M | 0.07% | +438,104+62.0% | Added |
| National Bank of Canada | 1,001,757 | $152.2M | 0.16% | −1,043,047−51.0% | Reduced |
| Weiss Asset Management LP | 985,720 | $149.8M | 2.12% | −402,844−29.0% | Reduced |
| Jane Street Group, LLC | 951,187 | $144.5M | 0.17% | +785,224+473.1% | Added |
| Toroso Investments, LLC | 940,827 | $143.0M | 0.60% | +169,362+22.0% | Added |
| Bank of New York Mellon Corp | 913,183 | $138.8M | 0.02% | −10,082−1.1% | Reduced |
| Renaissance Technologies LLC | 957,332 | $137.1M | 0.21% | +731,602+324.1% | Added |
| Quadrature Capital Ltd | 756,266 | $114.9M | 1.17% | +756,266 | New |
| Deutsche Bank AG | 731,704 | $111.2M | 0.04% | −106,727−12.7% | Reduced |
| SG Americas Securities, LLC | 728,727 | $110.7M | 0.15% | +507,427+229.3% | Added |
| Swiss National Bank | 715,380 | $108.7M | 0.06% | −37,120−4.9% | Reduced |
| Citadel Advisors LLC | 714,361 | $108.5M | 0.07% | +647,371+966.4% | Added |
| BNP Paribas Arbitrage, SA | 653,193 | $99.3M | 0.06% | +443,514+211.5% | Added |
| LPL Financial LLC | 615,877 | $93.6M | 0.03% | −27,681−4.3% | Reduced |
| National Pension Service | 614,409 | $93.4M | 0.07% | +102,769+20.1% | Added |
| First Trust Advisors LP | 608,328 | $92.4M | 0.07% | +195,691+47.4% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 606,629 | $92.2M | 0.05% | −17,352−2.8% | Reduced |
| Natixis | 531,101 | $80.7M | 0.32% | −59,916−10.1% | Reduced |
| Citigroup Inc | 506,827 | $77.0M | 0.05% | +162,546+47.2% | Added |
| JPMorgan Chase & Co | 498,542 | $75.8M | 0.01% | −1,877,141−79.0% | Reduced |
| Old Mission Capital LLC | 494,536 | $75.2M | 2.91% | +494,536 | New |
| Nuveen, LLC | 481,232 | $73.1M | 0.02% | +3,307+0.7% | Added |
| California Public Employees Retirement System | 470,632 | $71.5M | 0.04% | +22,475+5.0% | Added |
| Van Eck Associates Corp | 466,709 | $70.9M | 0.06% | +262,203+128.2% | Added |
| Canada Pension Plan Investment Board | 438,743 | $66.7M | 0.04% | +45,421+11.5% | Added |
| ProShare Advisors LLC | 417,790 | $63.5M | 0.11% | +131,014+45.7% | Added |
| LMR Partners LLP | 414,952 | $63.1M | 0.61% | +81,836+24.6% | Added |
| California State Teachers Retirement System | 408,369 | $62.1M | 0.06% | −3,612−0.9% | Reduced |
| Price T Rowe Associates Inc | 407,569 | $61.9M | 0.01% | −63,021−13.4% | Reduced |
| HSBC Holdings PLC | 370,057 | $56.5M | 0.03% | +105,840+40.1% | Added |
| Marathon Trading Investment Management LLC | 364,223 | $55.3M | 6.61% | +355,843+4,246.3% | Added |
| PEAK6 LLC | 361,655 | $55.0M | 1.50% | +61,201+20.4% | Added |
| D. E. Shaw & Co., Inc. | 327,047 | $49.7M | 0.04% | +273,267+508.1% | Added |
| Wells Fargo & Company | 322,681 | $49.0M | 0.01% | −23,963−6.9% | Reduced |
| Susquehanna International Group, LLP | 315,858 | $48.0M | 0.07% | −2,318−0.7% | Reduced |
| KBC Group NV | 311,624 | $47.4M | 0.11% | +88,501+39.7% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 276,627 | $43.5M | 0.03% | +14,780+5.6% | Added |
| Rhumbline Advisers | 279,818 | $42.5M | 0.03% | −33,747−10.8% | Reduced |
| New York State Common Retirement Fund | 279,650 | $42.5M | 0.06% | −2,500−0.9% | Reduced |
| Foundations Investment Advisors, LLC | 265,745 | $40.4M | 0.53% | +155,555+141.2% | Added |
| FMR LLC | 265,153 | $40.3M | 0.00% | −1,227,472−82.2% | Reduced |
| SIH Partners, LLLP | 260,230 | $39.5M | 2.30% | +260,230 | New |
| Exchange Traded Concepts, LLC | 242,170 | $36.8M | 0.31% | +123,546+104.1% | Added |
| State Board of Administration of Florida Retirement System | 236,780 | $36.0M | 0.06% | −4,435−1.8% | Reduced |
| Mirae Asset Securities (USA) Inc. | 235,571 | $35.8M | 1.42% | −1,050−0.4% | Reduced |
| CTC LLC | 231,830 | $35.2M | 3.23% | +65,034+39.0% | Added |
| Aviva PLC | 218,916 | $33.3M | 0.06% | +11,449+5.5% | Added |
| Himension Fund | 217,402 | $33.0M | 2.04% | +217,402 | New |
| Commonwealth Equity Services, LLC | 213,841 | $32.5M | 0.04% | +7,701+3.7% | Added |
| Credit Agricole S A | 201,188 | $30.6M | 0.08% | +147,306+273.4% | Added |
| Cetera Investment Advisers | 200,998 | $30.5M | 0.03% | +9,401+4.9% | Added |
| Victory Capital Management Inc | 194,828 | $29.6M | 0.02% | +6,374+3.4% | Added |
| Stifel Financial Corp | 194,050 | $29.5M | 0.03% | −3,922−2.0% | Reduced |
| Nomura Holdings Inc | 179,275 | $27.2M | 0.08% | +70,922+65.5% | Added |
| Quantitative Investment Management, LLC | 178,287 | $27.1M | 2.63% | +178,287 | New |
| Jump Financial, LLC | 176,978 | $26.9M | 0.34% | +39,629+28.9% | Added |
| Millennium Management LLC | 168,789 | $25.6M | 0.02% | +39,150+30.2% | Added |
| Treasurer of the State of North Carolina | 168,688 | $25.6M | 0.08% | +9,117+5.7% | Added |
| Belvedere Trading LLC | 165,694 | $25.2M | 4.66% | +77,045+86.9% | Added |
| Jefferies Financial Group Inc. | 150,498 | $22.9M | 0.19% | −12,760−7.8% | Reduced |
| Shariaportfolio, Inc. | 150,325 | $22.8M | 9.62% | +43,833+41.2% | Added |
| Storebrand Asset Management AS | 146,890 | $22.3M | 0.06% | −21,307−12.7% | Reduced |
| Aspiring Ventures, LLC | 143,793 | $21.8M | 7.73% | +9,196+6.8% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 142,403 | $21.6M | 0.03% | −2,237−1.5% | Reduced |
| Horizon Kinetics Asset Management LLC | 139,377 | $21.2M | 0.29% | +889+0.6% | Added |
| EULAV Asset Management | 138,000 | $21.0M | 0.56% | +51,500+59.5% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 134,967 | $20.7M | 0.03% | +4,905+3.8% | Added |
| Korea Investment CORP | 134,263 | $20.4M | 0.04% | +15,337+12.9% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 134,117 | $20.4M | 0.02% | +56,431+72.6% | Added |
| Great West Life Assurance Co | 133,605 | $20.3M | 0.04% | −5,429−3.9% | Reduced |
| TB Alternative Assets Ltd. | 132,801 | $20.2M | 3.30% | +6,801+5.4% | Added |
| Danske Bank A/S | 132,746 | $20.2M | 0.05% | +13,840+11.6% | Added |
| State of Wisconsin Investment Board | 131,555 | $20.0M | 0.04% | −5,687−4.1% | Reduced |
| Strong Tower Advisory Services | 128,733 | $19.6M | 3.50% | +38,752+43.1% | Added |
| Schroder Investment Management Group | 127,131 | $19.3M | 0.01% | +8,653+7.3% | Added |
| Capula Management Ltd | 126,288 | $19.2M | 0.12% | −1,629,760−92.8% | Reduced |