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 |
|---|---|---|---|---|---|
| Capital Wealth Alliance, LLC | 50,972 | $7.06M | 3.01% | +6,272+14.0% | Added |
| Fiduciary Alliance LLC | 46,527 | $7.07M | 0.46% | +2,082+4.7% | Added |
| Independent Advisor Alliance | 46,793 | $7.11M | 0.17% | −5,960−11.3% | Reduced |
| Madden Securities Corp | 47,540 | $7.22M | 2.20% | −2,501−5.0% | Reduced |
| Vista Investment Partners II, LLC | 47,742 | $7.25M | 3.13% | +8,210+20.8% | Added |
| Winton Group Ltd | 47,894 | $7.28M | 0.25% | +31,340+189.3% | Added |
| Lido Advisors, LLC | 22,799 | $7.32M | 0.03% | −89−0.4% | Reduced |
| IFM Investors Pty Ltd | 50,595 | $7.69M | 0.06% | +549+1.1% | Added |
| Summit Financial, LLC | 50,712 | $7.71M | 0.11% | +18,416+57.0% | Added |
| Franklin Resources Inc | 51,100 | $7.76M | 0.00% | +3,895+8.3% | Added |
| HBK Investments L P | 51,564 | $7.84M | 0.08% | +51,564 | New |
| Skandinaviska Enskilda Banken AB (publ) | 51,720 | $7.86M | 0.03% | +2,303+4.7% | Added |
| DRW Securities, LLC | 52,010 | $7.90M | 0.60% | +52,010 | New |
| EverSource Wealth Advisors, LLC | 52,606 | $7.99M | 0.29% | +17,270+48.9% | Added |
| Capstone Investment Advisors, LLC | 53,208 | $8.08M | 0.07% | +39,848+298.3% | Added |
| Standard Life Aberdeen plc | 53,226 | $8.09M | 0.01% | −315−0.6% | Reduced |
| Schonfeld Strategic Advisors LLC | 53,466 | $8.12M | 0.04% | +51,601+2,766.8% | Added |
| GWM Advisors LLC | 53,487 | $8.13M | 0.03% | +1,056+2.0% | Added |
| Kestra Advisory Services, LLC | 54,030 | $8.21M | 0.03% | −1,701−3.1% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 54,214 | $8.24M | 0.06% | +7,386+15.8% | Added |
| Rockefeller Capital Management L.P. | 55,137 | $8.38M | 0.02% | −25,277−31.4% | Reduced |
| Forsta Ap-Fonden | 55,820 | $8.48M | 0.05% | −480−0.9% | Reduced |
| GF Fund Management Co. Ltd. | 56,495 | $8.58M | 0.15% | +5,925+11.7% | Added |
| Russell Investments Group, Ltd. | 57,578 | $8.84M | 0.01% | +21,426+59.3% | Added |
| SEI Investments Co | 58,788 | $8.93M | 0.01% | +13,374+29.4% | Added |
| Toronto Dominion Bank | 58,946 | $8.96M | 0.02% | −2,206−3.6% | Reduced |
| Voloridge Investment Management, LLC | 60,378 | $9.17M | 0.03% | −206,172−77.3% | Reduced |
| CIBC Asset Management Inc | 60,592 | $9.21M | 0.02% | +5,013+9.0% | Added |
| Leonteq Securities AG | 60,710 | $9.22M | 0.49% | +11,984+24.6% | Added |
| Daiwa Securities Group Inc. | 61,118 | $9.29M | 0.03% | +17,455+40.0% | Added |
| Mercer Global Advisors Inc | 62,024 | $9.32M | 0.01% | +3,240+5.5% | Added |
| Guggenheim Capital LLC | 66,036 | $10.0M | 0.07% | +3,394+5.4% | Added |
| Accuvest Global Advisors | 69,422 | $10.5M | 7.77% | −2,361−3.3% | Reduced |
| Pilgrim Partners Asia Pte Ltd | 70,000 | $10.6M | 5.12% | +69,900+69,900.0% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 70,387 | $10.7M | 0.02% | +4,298+6.5% | Added |
| Y-Intercept (Hong Kong) Ltd | 71,884 | $10.9M | 0.24% | +71,884 | New |
| Private Advisor Group, LLC | 71,997 | $10.9M | 0.05% | +14,558+25.3% | Added |
| Nissay Asset Management Corp | 72,113 | $11.0M | 0.06% | +3,943+5.8% | Added |
| Alpine Global Management, LLC | 72,211 | $11.0M | 2.44% | +70,641+4,499.4% | Added |
| Arizona State Retirement System | 72,607 | $11.0M | 0.06% | −3,631−4.8% | Reduced |
| CI Private Wealth, LLC | 72,801 | $11.1M | 0.02% | +60,997+516.7% | Added |
| Rafferty Asset Management, LLC | 74,433 | $11.3M | 0.04% | +38,921+109.6% | Added |
| Creative Planning | 75,652 | $11.5M | 0.01% | −1,155−1.5% | Reduced |
| Resona Asset Management Co.,Ltd. | 75,650 | $11.5M | 0.06% | −2,599−3.3% | Reduced |
| Ameriprise Financial Inc | 76,605 | $11.6M | 0.00% | +3,194+4.4% | Added |
| Generali Asset Management SPA SGR | 77,608 | $11.8M | 0.24% | +10,336+15.4% | Added |
| Swedbank AB | 79,460 | $12.1M | 0.01% | +316+0.4% | Added |
| Teacher Retirement System of Texas | 80,844 | $12.3M | 0.04% | +7,398+10.1% | Added |
| Independent Financial Group, LLC | 81,033 | $12.3M | 0.27% | +41,634+105.7% | Added |
| Handelsbanken Fonder AB | 81,155 | $12.3M | 0.04% | −7,868−8.8% | Reduced |
| MML Investors Services, LLC | 83,682 | $12.7M | 0.03% | +24,528+41.5% | Added |
| Walleye Capital LLC | 83,943 | $12.8M | 0.07% | +57,785+220.9% | Added |
| Lansforsakringar Fondforvaltning AB (publ) | 84,705 | $12.9M | 0.06% | +8,111+10.6% | Added |
| Walleye Trading LLC | 85,288 | $13.0M | 0.21% | −101,794−54.4% | Reduced |
| Raymond James Financial Inc | 86,091 | $13.1M | 0.00% | −2,230−2.5% | Reduced |
| Alliancebernstein L.P. | 86,161 | $13.1M | 0.00% | +3,361+4.1% | Added |
| Mirae Asset Global Investments Co., Ltd. | 87,531 | $13.3M | 0.04% | +15,731+21.9% | Added |
| STRS Ohio | 87,689 | $13.3M | 0.05% | +12,453+16.6% | Added |
| State of New Jersey Common Pension Fund D | 88,821 | $13.5M | 0.05% | −2,344−2.6% | Reduced |
| Hudson Bay Capital Management LP | 89,332 | $13.6M | 0.08% | −368,279−80.5% | Reduced |
| DnB Asset Management AS | 92,133 | $14.0M | 0.05% | +320.0% | Added |
| Nomura Asset Management Co Ltd | 92,463 | $14.0M | 0.04% | +4,849+5.5% | Added |
| KLP Kapitalforvaltning AS | 95,160 | $14.5M | 0.06% | +460+0.5% | Added |
| Marshall Wace, LLP | 100,000 | $15.2M | 0.01% | +98,797+8,212.6% | Added |
| Lavelle Capital LP | 100,000 | $15.2M | 9.63% | +100,000 | New |
| Massar Capital Management, LP | 101,139 | $15.4M | 3.02% | +83,162+462.6% | Added |
| Mariner, LLC | 101,807 | $15.5M | 0.02% | −15,336−13.1% | Reduced |
| Los Angeles Capital Management LLC | 61,022 | $15.5M | 0.05% | +59,173+3,200.3% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 103,083 | $15.7M | 0.14% | +45,463+78.9% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 103,076 | $15.7M | 0.02% | +103,076 | New |
| Mitsubishi UFJ Trust & Banking Corp | 103,763 | $15.8M | 0.04% | −11,220−9.8% | Reduced |
| NEOS Investment Management LLC | 104,044 | $15.8M | 0.09% | +27,757+36.4% | Added |
| Asset Management One Co.,Ltd. | 101,951 | $15.8M | 0.04% | +946+0.9% | Added |
| Pictet Asset Management Holding SA | 106,340 | $16.2M | 0.02% | +3,762+3.7% | Added |
| Public Employees Retirement System of Ohio | 106,910 | $16.2M | 0.05% | +1,446+1.4% | Added |
| TD Asset Management Inc | 108,770 | $16.5M | 0.01% | −137−0.1% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 110,037 | $16.7M | 0.04% | +9,483+9.4% | Added |
| Robeco Institutional Asset Management B.V. | 112,874 | $17.2M | 0.02% | −27,374−19.5% | Reduced |
| Virtu Financial LLC | 114,731 | $17.4M | 0.68% | +104,389+1,009.4% | Added |
| HighTower Advisors, LLC | 117,210 | $17.8M | 0.02% | +28,361+31.9% | Added |
| APG Asset Management N.V. | 144,313 | $18.7M | 0.05% | +139,263+2,757.7% | Added |
| Royal London Asset Management Ltd | 123,789 | $18.8M | 0.04% | +1,977+1.6% | Added |
| Capula Management Ltd | 126,288 | $19.2M | 0.12% | −1,629,760−92.8% | Reduced |
| Schroder Investment Management Group | 127,131 | $19.3M | 0.01% | +8,653+7.3% | Added |
| Strong Tower Advisory Services | 128,733 | $19.6M | 3.50% | +38,752+43.1% | Added |
| State of Wisconsin Investment Board | 131,555 | $20.0M | 0.04% | −5,687−4.1% | Reduced |
| Danske Bank A/S | 132,746 | $20.2M | 0.05% | +13,840+11.6% | Added |
| TB Alternative Assets Ltd. | 132,801 | $20.2M | 3.30% | +6,801+5.4% | Added |
| Great West Life Assurance Co | 133,605 | $20.3M | 0.04% | −5,429−3.9% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 134,117 | $20.4M | 0.02% | +56,431+72.6% | Added |
| Korea Investment CORP | 134,263 | $20.4M | 0.04% | +15,337+12.9% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 134,967 | $20.7M | 0.03% | +4,905+3.8% | Added |
| EULAV Asset Management | 138,000 | $21.0M | 0.56% | +51,500+59.5% | Added |
| Horizon Kinetics Asset Management LLC | 139,377 | $21.2M | 0.29% | +889+0.6% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 142,403 | $21.6M | 0.03% | −2,237−1.5% | Reduced |
| Aspiring Ventures, LLC | 143,793 | $21.8M | 7.73% | +9,196+6.8% | Added |
| Storebrand Asset Management AS | 146,890 | $22.3M | 0.06% | −21,307−12.7% | Reduced |
| Shariaportfolio, Inc. | 150,325 | $22.8M | 9.62% | +43,833+41.2% | Added |
| Jefferies Financial Group Inc. | 150,498 | $22.9M | 0.19% | −12,760−7.8% | Reduced |
| Belvedere Trading LLC | 165,694 | $25.2M | 4.66% | +77,045+86.9% | Added |