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Livermore
Livermore
ZHEN

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, 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.

Institutional holdersQ4 2025: 982 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 heldQ4 2025: $26.6B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Strategy Inc; share changes are against Q3 2025.

Institutions holding MSTR in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Kerr Financial Planning Corp1$1100.00%00.0%Unchanged
Quest 10 Wealth Builders, Inc.1$1150.00%00.0%Unchanged
Davis Capital Management1$1520.00%−1−50.0%Reduced
Ameriflex Group, Inc.1$1520.00%−1−50.0%Reduced
IMG Wealth Management, Inc.1$1520.00%00.0%Unchanged
Infrastructure Capital Advisors, LLC1$1520.00%+1New
Wealth Preservation Advisors, LLC1$1520.00%+1New
ROSS\JOHNSON & Associates LLC1$1520.00%+1New
NorthAvenue LLC1$1520.00%+1New
Brown, Lisle/Cummings, Inc.2$2310.00%00.0%Unchanged
ORG Wealth Partners, LLC2$3020.00%−33−94.3%Reduced
JFS Wealth Advisors, LLC2$3040.00%−2−50.0%Reduced
Valued Wealth Advisors LLC2$3040.00%00.0%Unchanged
Duncker Streett & Co Inc2$3040.00%00.0%Unchanged
United Financial Planning Group LLC2$3040.00%+2New
Sachetta, LLC3$4560.00%−39−92.9%Reduced
True Wealth Design, LLC3$4560.00%−8−72.7%Reduced
Rialto Wealth Management, LLC3$4560.00%−4−57.1%Reduced
DecisionPoint Financial, LLC3$4560.00%00.0%Unchanged
Acumen Wealth Advisors, LLC3$4560.00%+3New
Breakwater Investment Management3$4560.00%+3New
Godfrey Financial Associates, Inc.3$4560.00%+3New
Transamerica Financial Advisors, Inc.4$6080.00%+4New
Independence Bank of Kentucky5$7600.00%+5New
Essential Investment Partners LLC5$7600.00%+5New
Grove Bank & Trust6$9120.00%−184−96.8%Reduced
Fortitude Family Office, LLC6$9120.00%−9−60.0%Reduced
Bare Financial Services, Inc6$9120.00%+4+200.0%Added
Kohmann Bosshard Financial Services, LLC6$9120.00%+6New
First Command Advisory Services, Inc.6$9120.00%+6New
Kilter Group LLC7$1.06K0.00%−2−22.2%Reduced
TD Capital Management LLC7$1.06K0.00%00.0%Unchanged
Winnow Wealth LLC7$1.06K0.00%+6+600.0%Added
Optima Capital LLC7$1.06K0.00%+7New
Torren Management, LLC8$1.22K0.00%+8New
Principia Wealth Advisory, LLC9$1.37K0.00%−3−25.0%Reduced
Oakworth Capital, Inc.9$1.37K0.00%00.0%Unchanged
Tanglewood Legacy Advisors, LLC9$1.37K0.00%00.0%Unchanged
Tidemark, LLC9$1.37K0.00%00.0%Unchanged
Basepoint Wealth LLC10$1.52K0.00%+10New
Activest Wealth Management10$1.52K0.00%−162−94.2%Reduced
Berkshire Capital Holdings Inc10$1.52K0.00%00.0%Unchanged
Gordian Capital Singapore Pte Ltd10$1.52K0.00%00.0%Unchanged
Hughes Financial Services, LLC10$1.52K0.00%−3−23.1%Reduced
Elyxium Wealth, LLC10$1.56K0.00%+10New
High Note Wealth, LLC11$1.67K0.00%+9+450.0%Added
Blue Bell Private Wealth Management, LLC12$1.82K0.00%00.0%Unchanged
Cornerstone Financial Management LLC12$1.82K0.00%+12New
NVWM, LLC13$1.98K0.00%−2,523−99.5%Reduced
Johnson Financial Group, Inc.13$1.98K0.00%−5−27.8%Reduced
RMG Wealth Management LLC14$2.26K0.00%00.0%Unchanged
Caitlin John, LLC15$2.28K0.00%−419−96.5%Reduced
Measured Wealth Private Client Group, LLC16$2.43K0.00%+16New
Bank of Jackson Hole Trust16$2.43K0.00%+16New
Tradewinds Capital Management, LLC16$2.43K0.00%00.0%Unchanged
Bruce G. Allen Investments, LLC17$2.58K0.00%−2−10.5%Reduced
BankPlus Trust Department17$2.58K0.00%00.0%Unchanged
Concord Wealth Partners18$2.73K0.00%00.0%Unchanged
Zions Bancorporation, National Association18$2.73K0.00%+6+50.0%Added
Raffa Wealth Management, LLC19$2.89K0.00%+1+5.6%Added
Plante Moran Financial Advisors, LLC20$3.04K0.00%00.0%Unchanged
Pittenger & Anderson Inc20$3.04K0.00%+20New
Navalign, LLC20$3.04K0.00%+20New
IMA Wealth, Inc.21$3.19K0.00%+18+600.0%Added
South State Corp.21$3.19K0.00%−16−43.2%Reduced
PFS Partners, LLC21$3.19K0.00%00.0%Unchanged
Gunpowder Capital Management, LLC dba Oliver Wealth Management22$3.34K0.00%+22New
Whittier Trust Co22$3.48K0.00%00.0%Unchanged
CBIZ Investment Advisory Services, LLC23$3.50K0.00%−15−39.5%Reduced
Turning Point Benefit Group, Inc.25$3.80K0.00%+3+13.6%Added
Bullock Wealth Management Group25$3.80K0.00%00.0%Unchanged
Pinney & Scofield, Inc.25$3.80K0.00%00.0%Unchanged
Trust Co of Vermont25$3.80K0.00%+10+66.7%Added
Addison Advisors LLC26$3.95K0.00%+2+8.3%Added
Avion Wealth31$4.00K0.00%−20−39.2%Reduced
Roble, Belko & Company, Inc25$4.00K0.00%00.0%Unchanged
IFC & Insurance Marketing, Inc.27$4.00K0.00%+27New
Sittner & Nelson, LLC30$4.05K0.00%+15+100.0%Added
CWM Advisors, LLC28$4.20K0.00%+28New
Align Financial, LLC4,255$4.25K0.00%+4,255New
Miller Global Investments, LLC28$4.25K0.00%+28New
Strive Financial Group ,LLC30$4.56K0.00%+30New
Delta Asset Management LLC30$4.56K0.00%00.0%Unchanged
American Capital Advisory, LLC30$4.56K0.00%+1+3.4%Added
Marquette Asset Management, LLC30$4.56K0.00%+7+30.4%Added
Brown Brothers Harriman & Co32$4.86K0.00%−10−23.8%Reduced
Cape Investment Advisory, Inc.32$4.86K0.00%+2+6.7%Added
Aspect Partners, LLC33$5.01K0.00%+16+94.1%Added
Signature Equity Partners, LLC33$5.01K0.00%+33New
Highline Wealth Partners LLC34$5.17K0.00%−29−46.0%Reduced
Estate Planners Group, LLC35$5.32K0.00%+35New
Chesapeake Asset Management LLC36$5.47K0.00%00.0%Unchanged
Valley National Advisers Inc44$6.00K0.00%+44New
Manchester Capital Management LLC43$6.53K0.00%−144−77.0%Reduced
Kayne Anderson Rudnick Investment Management LLC44$6.75K0.00%+41+1,366.7%Added
Frazier Financial Advisors, LLC45$6.84K0.00%00.0%Unchanged
WealthCollab, LLC45$6.84K0.00%+45New
Cullen/Frost Bankers, Inc.46$6.99K0.00%+28+155.6%Added
Chilton Capital Management LLC48$7.29K0.00%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.48$7.29K0.00%00.0%Unchanged