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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, 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
BayBridge Capital Group, LLC1,660$252.2K0.16%+1,660New
Miller Capital Partners, Inc.1,696$257.7K0.13%+1,696New
Livforsakringsbolaget Skandia, Omsesidigt1,700$258.1K0.01%00.0%Unchanged
Red Door Wealth Management, LLC1,708$259.5K0.03%+123+7.8%Added
Wealthspire Advisors, LLC1,714$260.4K0.00%+450+35.6%Added
Chicago Trust Co NA1,716$260.7K0.04%−56−3.2%Reduced
Mill Creek Capital Advisors, LLC1,723$261.8K0.01%−25−1.4%Reduced
Wolverine Asset Management LLC1,740$264.4K0.00%+1,740New
McGuire Capital Advisors Inc1,746$265.3K0.17%+1,746New
Sava Infond d.o.o.1,750$265.9K0.04%+900+105.9%Added
Souders Financial Advisors1,751$266.1K0.03%−144−7.6%Reduced
Empower Advisory Group, LLC1,752$266.2K0.00%−342−16.3%Reduced
First Financial Bankshares Inc1,754$266.5K0.01%00.0%Unchanged
Strategic Blueprint, LLC1,755$266.7K0.02%+364+26.2%Added
Koshinski Asset Management, Inc.1,759$267.3K0.02%−2−0.1%Reduced
Bulltick Wealth Management, LLC1,763$267.9K0.06%−25−1.4%Reduced
Coldstream Capital Management Inc1,797$273.0K0.00%−402−18.3%Reduced
Stonehearth Capital Management, LLC1,797$273.1K0.10%00.0%Unchanged
Evanson Asset Management, LLC1,803$273.9K0.01%00.0%Unchanged
Victory Financial Group, LLC1,817$276.1K0.03%+1,817New
McAdam, LLC1,837$279.1K0.01%+112+6.5%Added
LBMC Investment Advisors, LLC1,840$279.6K0.02%−51−2.7%Reduced
ABN AMRO Bank N.V.1,851$280.2K0.00%+712+62.5%Added
Altshuler Shaham Ltd1,846$280.5K0.00%+1,838+22,975.0%Added
Valeo Financial Advisors, LLC1,850$281.1K0.01%−1,576−46.0%Reduced
Syntegra Private Wealth Group, LLC1,851$281.3K0.03%−970−34.4%Reduced
Claro Advisors LLC1,853$281.6K0.04%+45+2.5%Added
Brown Advisory Inc1,857$282.2K0.00%+93+5.3%Added
Indivisible Partners1,859$282.5K0.03%+1,859New
Moneta Group Investment Advisors LLC1,862$283.0K0.00%+272+17.1%Added
Lodestar Private Asset Management LLC1,888$286.9K0.03%00.0%Unchanged
J. Safra Sarasin Holding AG1,889$287.0K0.00%+1,889New
Clientfirst Wealth Management, LLC1,900$288.7K0.23%+1,900New
Pinnacle Financial Partners, Inc.1,905$289.5K0.00%+1,905New
Riverview Capital Advisers, LLC1,908$289.9K0.09%00.0%Unchanged
Redwood Wealth Management Group, LLC1,910$290.2K0.12%+650+51.6%Added
Veracity Capital LLC1,926$292.6K0.09%+340+21.4%Added
TL Private Wealth1,860$292.6K0.11%+1,860New
Mountain Capital Investment Advisors, Inc1,806$294.6K0.05%+21+1.2%Added
Gilman Hill Asset Management, LLC1,962$298.1K0.05%−3,016−60.6%Reduced
Lazard Asset Management LLC1,998$303.6K0.00%−5,286−72.6%Reduced
Frisch Financial Group, Inc.2,000$303.9K0.07%00.0%Unchanged
KLCM Advisors, Inc.2,010$305.4K0.03%+2,010New
Clearstead Advisors, LLC2,014$306.0K0.00%+34+1.7%Added
BCS Wealth Management2,030$308.5K0.03%+1,015+100.0%Added
Meeder Advisory Services, Inc.2,044$310.6K0.01%−1,501−42.3%Reduced
Tanager Wealth Management LLP2,048$311.2K0.03%+259+14.5%Added
Advisor OS, LLC2,054$312.1K0.03%−101−4.7%Reduced
Avanza Fonder AB2,055$312.3K0.01%+2,055New
AssuredPartners Investment Advisors, LLC2,075$315.2K0.05%+2,075New
Royal Fund Management, LLC2,077$315.6K0.03%+108+5.5%Added
Allianz SE2,078$315.8K0.00%−1,622−43.8%Reduced
Great Valley Advisor Group, Inc.2,080$316.6K0.01%−89−4.1%Reduced
Sunbelt Securities, Inc.2,094$318.2K0.02%+745+55.2%Added
Cardiff Park Advisors, LLC2,094$318.2K0.03%+1,330+174.1%Added
Avantax Planning Partners, Inc.2,107$320.2K0.01%+548+35.2%Added
LongView Wealth Management2,000$324.5K0.08%00.0%Unchanged
180 Wealth Advisors, LLC2,167$329.4K0.04%+2,167New
Unique Wealth Strategies, LLC2,170$329.7K0.13%−600−21.7%Reduced
Wick Capital Partners, LLC2,171$329.9K0.06%00.0%Unchanged
Discipline Wealth Solutions, LLC2,175$330.5K0.06%+279+14.7%Added
Guardian Wealth Advisors, LLC2,197$333.9K0.02%+443+25.3%Added
Ci Investments Inc.2,212$336.1K0.00%+426+23.9%Added
Phoenix Holdings Ltd.2,243$339.9K0.00%+797+55.1%Added
Texas Capital Bank Wealth Management Services Inc2,248$341.6K0.02%+151+7.2%Added
International Assets Investment Management, LLC2,274$345.5K0.02%+1,153+102.9%Added
Correct Capital Wealth Management2,281$346.6K0.07%−10,561−82.2%Reduced
Kera Capital Partners, Inc.2,321$347.5K0.04%+2,321New
Sierra Capital LLC2,295$349.0K0.04%+2,295New
Vise Technologies, Inc.2,299$349.4K0.01%−913−28.4%Reduced
Panagora Asset Management Inc2,300$349.5K0.00%+2,300New
EFG International AG2,307$350.5K0.01%+2,307New
Thoroughbred Financial Services, LLC2,314$351.0K0.02%+1,599+223.6%Added
Bokf, NA2,317$352.1K0.01%−6−0.3%Reduced
BridgePort Financial Solutions, LLC2,330$354.0K0.10%00.0%Unchanged
Americana Partners, LLC2,372$360.4K0.01%+2,372New
Aaron Wealth Advisors2,374$360.7K0.02%+464+24.3%Added
Signaturefd, LLC2,379$361.5K0.01%−1,400−37.0%Reduced
Greenleaf Trust2,399$364.5K0.00%+242+11.2%Added
U.S. Capital Wealth Advisors, LLC2,405$365.4K0.01%−439−15.4%Reduced
Modern Wealth Management, LLC2,423$368.2K0.01%+19+0.8%Added
Red Reef Advisors LLC2,440$370.8K0.38%+2,440New
MTM Investment Management, LLC2,448$372.0K0.12%−2,399−49.5%Reduced
Callan Family Office, LLC2,464$374.4K0.01%−1,390−36.1%Reduced
Flaharty Asset Management, LLC2,476$376.2K0.05%+1,021+70.2%Added
Rahlfs Capital, LLC2,485$377.6K0.29%−125−4.8%Reduced
Synergy Financial Management, LLC2,508$381.1K0.04%−196−7.2%Reduced
Allworth Financial LP2,512$381.7K0.00%−295−10.5%Reduced
SeaCrest Wealth Management, LLC2,362$382.2K0.04%−177−7.0%Reduced
Anchyra Partners LLC2,533$384.9K0.12%+2,533New
Cigna Investments Inc2,546$387.0K0.06%−43−1.7%Reduced
Rothschild Investment LLC2,552$387.8K0.02%−2−0.1%Reduced
T3 Companies, LLC2,553$387.9K0.50%+2,553New
Investment Partners Asset Management, Inc.2,559$388.8K0.24%00.0%Unchanged
Militia Capital Partners, LP2,560$389.0K0.15%+2,560New
Diversify Advisory Services, LLC2,244$389.8K0.01%+514+29.7%Added
Formidable Asset Management, LLC1,215$391.5K0.06%−3,445−73.9%Reduced
Belpointe Asset Management LLC2,580$392.0K0.01%−314−10.9%Reduced
Crossmark Global Holdings, Inc.2,580$392.0K0.01%+522+25.4%Added
Krilogy Financial LLC2,445$392.6K0.01%−164−6.3%Reduced