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 |
|---|---|---|---|---|---|
| Chicago Partners Investment Group LLC | 16,452 | $2.68M | 0.07% | +1,928+13.3% | Added |
| Louisiana State Employees Retirement System | 17,900 | $2.72M | 0.05% | −1,300−6.8% | Reduced |
| FengHe Fund Management Pte. Ltd. | 17,900 | $2.72M | 0.15% | +17,900 | New |
| Candriam Luxembourg S.C.A. | 17,912 | $2.72M | 0.01% | +1,990+12.5% | Added |
| HHM Wealth Advisors, LLC | 17,982 | $2.73M | 0.32% | 00.0% | Unchanged |
| PKO Investment Management Joint-Stock Co | 18,000 | $2.74M | 0.22% | +3,000+20.0% | Added |
| JustInvest LLC | 18,059 | $2.74M | 0.03% | −4,740−20.8% | Reduced |
| Prudential PLC | 18,109 | $2.75M | 0.02% | −3,594−16.6% | Reduced |
| Tower Research Capital LLC (TRC) | 18,475 | $2.81M | 0.07% | +13,983+311.3% | Added |
| Bank of Nova Scotia | 18,495 | $2.81M | 0.00% | +4,508+32.2% | Added |
| AQR Capital Management LLC | 18,519 | $2.81M | 0.00% | +5,999+47.9% | Added |
| Vienna Asset Management LLC | 19,047 | $2.89M | 1.64% | +562+3.0% | Added |
| Farringdon Capital, Ltd. | 19,334 | $2.94M | 0.72% | +13,515+232.3% | Added |
| Allstate Corp | 19,613 | $2.98M | 0.04% | +10,023+104.5% | Added |
| Blair William & Co | 19,662 | $2.99M | 0.01% | −313−1.6% | Reduced |
| Rakuten Securities, Inc. | 19,819 | $3.01M | 0.98% | −5,477−21.7% | Reduced |
| Harvest Fund Management Co., Ltd | 19,989 | $3.04M | 0.11% | +3,792+23.4% | Added |
| GM Advisory Group, Inc. | 20,010 | $3.04M | 0.12% | +20,010 | New |
| United Capital Management of KS, Inc. | 20,057 | $3.05M | 0.43% | −9,877−33.0% | Reduced |
| Secure Asset Management, LLC | 20,271 | $3.08M | 0.49% | +2,597+14.7% | Added |
| Oppenheimer & Co Inc | 20,745 | $3.15M | 0.04% | −191−0.9% | Reduced |
| CAP Partners, LLC | 20,833 | $3.17M | 1.79% | +6,579+46.2% | Added |
| Blue Sky Capital Consultants Group, Inc. | 20,862 | $3.17M | 1.39% | +2,265+12.2% | Added |
| Janney Montgomery Scott LLC | 20,915 | $3.18M | 0.01% | −11,933−36.3% | Reduced |
| Profund Advisors LLC | 21,084 | $3.20M | 0.10% | +2,003+10.5% | Added |
| AE Wealth Management LLC | 21,107 | $3.21M | 0.02% | +18,203+626.8% | Added |
| Apollon Wealth Management, LLC | 21,205 | $3.22M | 0.06% | +8,116+62.0% | Added |
| Mackenzie Financial Corp | 20,921 | $3.25M | 0.00% | −1,734−7.7% | Reduced |
| Titleist Asset Management, LLC | 21,453 | $3.26M | 0.26% | +1,321+6.6% | Added |
| Kestra Private Wealth Services, LLC | 21,481 | $3.26M | 0.04% | +671+3.2% | Added |
| Cavalier Investments, LLC | 21,712 | $3.30M | 1.03% | +10,085+86.7% | Added |
| Truvestments Capital LLC | 21,773 | $3.31M | 0.60% | +4,064+22.9% | Added |
| Heritage Investors Management Corp | 21,909 | $3.33M | 0.10% | 00.0% | Unchanged |
| CIBC World Markets Corp | 22,061 | $3.35M | 0.02% | +22,061 | New |
| Nations Financial Group Inc, | 22,184 | $3.37M | 0.18% | +2,419+12.2% | Added |
| Collar Capital Management, LLC | 22,245 | $3.38M | 2.26% | −511−2.2% | Reduced |
| Verition Fund Management LLC | 22,273 | $3.38M | 0.02% | +17,082+329.1% | Added |
| ASR Vermogensbeheer N.V. | 22,631 | $3.44M | 0.04% | −194−0.8% | Reduced |
| Macquarie Group Ltd | 22,670 | $3.44M | 0.02% | −3,690−14.0% | Reduced |
| Colony Group, LLC | 22,879 | $3.48M | 0.00% | +10,123+79.4% | Added |
| Investment Management Corp of Ontario | 23,197 | $3.52M | 0.05% | +10,982+89.9% | Added |
| Squarepoint Ops LLC | 23,696 | $3.60M | 0.01% | +23,696 | New |
| Advisory Services Network, LLC | 23,786 | $3.61M | 0.05% | +3,123+15.1% | Added |
| SBI Securities Co., Ltd. | 23,889 | $3.63M | 0.09% | −8,988−27.3% | Reduced |
| Golden State Wealth Management, LLC | 24,060 | $3.66M | 0.39% | −362−1.5% | Reduced |
| EagleClaw Capital Managment, LLC | 24,425 | $3.71M | 0.54% | −575−2.3% | Reduced |
| Caitong International Asset Management Co., Ltd | 24,516 | $3.73M | 0.91% | +24,516 | New |
| Man Group plc | 24,763 | $3.76M | 0.01% | −5,584−18.4% | Reduced |
| CWM, LLC | 24,864 | $3.78M | 0.01% | +5,006+25.2% | Added |
| Envestnet Asset Management Inc | 24,952 | $3.79M | 0.00% | +2,348+10.4% | Added |
| Vontobel Holding Ltd. | 25,113 | $3.82M | 0.01% | +8,507+51.2% | Added |
| Miller Value Partners, LLC | 25,250 | $3.84M | 1.35% | +10,000+65.6% | Added |
| Drive Wealth Management, LLC | 25,508 | $3.88M | 0.76% | +24,755+3,287.5% | Added |
| Rakuten Investment Management, Inc. | 25,509 | $3.96M | 0.01% | +23,387+1,102.1% | Added |
| Swiss Life Asset Management Ltd | 26,184 | $3.98M | 0.02% | −1,363−4.9% | Reduced |
| Nordea Investment Management AB | 26,347 | $4.05M | 0.00% | +1,391+5.6% | Added |
| Janus Henderson Group PLC | 26,816 | $4.07M | 0.00% | +7,894+41.7% | Added |
| Balyasny Asset Management LLC | 27,056 | $4.11M | 0.01% | +1,612+6.3% | Added |
| Tobam | 27,270 | $4.14M | 1.02% | +81+0.3% | Added |
| CIBC World Markets Inc. | 27,684 | $4.21M | 0.01% | −13,242−32.4% | Reduced |
| ARP Global Capital Ltd | 27,865 | $4.23M | 1.28% | +27,865 | New |
| Eurizon Capital SGR S.p.A. | 27,856 | $4.24M | 0.01% | +27,856 | New |
| X-Square Capital, LLC | 28,155 | $4.28M | 1.40% | +9,876+54.0% | Added |
| Longitude (Cayman) Ltd. | 28,200 | $4.28M | 3.71% | +28,200 | New |
| Utah Retirement Systems | 29,007 | $4.41M | 0.04% | +148+0.5% | Added |
| OP Asset Management Ltd | 29,037 | $4.41M | 0.05% | +1,378+5.0% | Added |
| Pacific Capital Wealth Advisors, Inc | 29,089 | $4.42M | 0.76% | −60.0% | Reduced |
| Advisor Group Holdings, Inc. | 29,399 | $4.47M | 0.01% | −81,913−73.6% | Reduced |
| Cresset Asset Management, LLC | 29,402 | $4.47M | 0.02% | −820−2.7% | Reduced |
| Elequin Capital LP | 29,957 | $4.55M | 0.59% | −837−2.7% | Reduced |
| Boundless Plain Holdings Ltd | 30,000 | $4.56M | 1.45% | +30,000 | New |
| Public Sector Pension Investment Board | 30,317 | $4.61M | 0.02% | −12,683−29.5% | Reduced |
| Shelton Capital Management | 30,727 | $4.67M | 0.09% | +3,492+12.8% | Added |
| QRG Capital Management, Inc. | 30,923 | $4.70M | 0.05% | −9,765−24.0% | Reduced |
| Xponance, Inc. | 31,476 | $4.78M | 0.04% | +723+2.4% | Added |
| Virginia Retirement Systems Et Al | 31,880 | $4.84M | 0.03% | +7,180+29.1% | Added |
| Quantinno Capital Management LP | 31,946 | $4.85M | 0.01% | +2,661+9.1% | Added |
| IHT Wealth Management, LLC | 32,357 | $4.92M | 0.12% | +1,788+5.8% | Added |
| Kovack Advisors, Inc. | 32,890 | $5.00M | 0.24% | +32,216+4,779.8% | Added |
| iA Global Asset Management Inc. | 33,278 | $5.06M | 0.06% | +2,719+8.9% | Added |
| Public Employees Retirement Association of Colorado | 33,673 | $5.12M | 0.02% | −80−0.2% | Reduced |
| Erste Asset Management GmbH | 33,740 | $5.24M | 0.04% | −3,959−10.5% | Reduced |
| Wealthfront Advisers LLC | 35,697 | $5.42M | 0.01% | −17,861−33.3% | Reduced |
| Acorn Financial Advisory Services Inc | 37,770 | $5.74M | 0.85% | −3,103−7.6% | Reduced |
| Kessler Investment Group, LLC | 38,042 | $5.78M | 2.44% | +38,042 | New |
| Vident Advisory, LLC | 38,665 | $5.88M | 0.06% | −89,772−69.9% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 38,537 | $5.91M | 0.04% | +29,004+304.2% | Added |
| Moors & Cabot, Inc. | 39,155 | $5.95M | 0.25% | −110−0.3% | Reduced |
| American Century Companies Inc | 39,216 | $5.96M | 0.00% | +2,763+7.6% | Added |
| Mn Services Vermogensbeheer B.V. | 39,300 | $5.97M | 0.04% | −5,700−12.7% | Reduced |
| Capital Fund Management S.A. | 39,661 | $6.03M | 0.06% | +500+1.3% | Added |
| Parallax Volatility Advisers, L.P. | 39,735 | $6.04M | 0.19% | +39,735 | New |
| Police & Firemen's Retirement System of New Jersey | 40,798 | $6.20M | 0.05% | −1,813−4.3% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 40,509 | $6.38M | 0.01% | −21,415−34.6% | Reduced |
| Kingswood Wealth Advisors, LLC | 42,750 | $6.50M | 0.31% | +1,733+4.2% | Added |
| Varma Mutual Pension Insurance Co | 42,880 | $6.52M | 0.04% | +4,780+12.5% | Added |
| Compass Ion Advisors, LLC | 43,980 | $6.68M | 0.64% | −6,025−12.0% | Reduced |
| USS Investment Management Ltd | 44,382 | $6.74M | 0.03% | +3,429+8.4% | Added |
| British Columbia Investment Management Corp | 46,251 | $7.03M | 0.04% | +8,666+23.1% | Added |
| Pacer Advisors, Inc. | 46,290 | $7.03M | 0.02% | +13,154+39.7% | Added |