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 |
|---|---|---|---|---|---|
| Royal London Asset Management Ltd | 123,789 | $18.8M | 0.04% | +1,977+1.6% | Added |
| APG Asset Management N.V. | 144,313 | $18.7M | 0.05% | +139,263+2,757.7% | Added |
| HighTower Advisors, LLC | 117,210 | $17.8M | 0.02% | +28,361+31.9% | Added |
| Virtu Financial LLC | 114,731 | $17.4M | 0.68% | +104,389+1,009.4% | Added |
| Robeco Institutional Asset Management B.V. | 112,874 | $17.2M | 0.02% | −27,374−19.5% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 110,037 | $16.7M | 0.04% | +9,483+9.4% | Added |
| TD Asset Management Inc | 108,770 | $16.5M | 0.01% | −137−0.1% | Reduced |
| Public Employees Retirement System of Ohio | 106,910 | $16.2M | 0.05% | +1,446+1.4% | Added |
| Pictet Asset Management Holding SA | 106,340 | $16.2M | 0.02% | +3,762+3.7% | Added |
| Asset Management One Co.,Ltd. | 101,951 | $15.8M | 0.04% | +946+0.9% | Added |
| NEOS Investment Management LLC | 104,044 | $15.8M | 0.09% | +27,757+36.4% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 103,763 | $15.8M | 0.04% | −11,220−9.8% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 103,076 | $15.7M | 0.02% | +103,076 | New |
| BI Asset Management Fondsmaeglerselskab A/S | 103,083 | $15.7M | 0.14% | +45,463+78.9% | Added |
| Los Angeles Capital Management LLC | 61,022 | $15.5M | 0.05% | +59,173+3,200.3% | Added |
| Mariner, LLC | 101,807 | $15.5M | 0.02% | −15,336−13.1% | Reduced |
| Massar Capital Management, LP | 101,139 | $15.4M | 3.02% | +83,162+462.6% | 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 |
| KLP Kapitalforvaltning AS | 95,160 | $14.5M | 0.06% | +460+0.5% | Added |
| Nomura Asset Management Co Ltd | 92,463 | $14.0M | 0.04% | +4,849+5.5% | Added |
| DnB Asset Management AS | 92,133 | $14.0M | 0.05% | +320.0% | Added |
| Hudson Bay Capital Management LP | 89,332 | $13.6M | 0.08% | −368,279−80.5% | Reduced |
| State of New Jersey Common Pension Fund D | 88,821 | $13.5M | 0.05% | −2,344−2.6% | Reduced |
| STRS Ohio | 87,689 | $13.3M | 0.05% | +12,453+16.6% | Added |
| Mirae Asset Global Investments Co., Ltd. | 87,531 | $13.3M | 0.04% | +15,731+21.9% | Added |
| Alliancebernstein L.P. | 86,161 | $13.1M | 0.00% | +3,361+4.1% | Added |
| Raymond James Financial Inc | 86,091 | $13.1M | 0.00% | −2,230−2.5% | Reduced |
| Walleye Trading LLC | 85,288 | $13.0M | 0.21% | −101,794−54.4% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 84,705 | $12.9M | 0.06% | +8,111+10.6% | Added |
| Walleye Capital LLC | 83,943 | $12.8M | 0.07% | +57,785+220.9% | Added |
| MML Investors Services, LLC | 83,682 | $12.7M | 0.03% | +24,528+41.5% | Added |
| Handelsbanken Fonder AB | 81,155 | $12.3M | 0.04% | −7,868−8.8% | Reduced |
| Independent Financial Group, LLC | 81,033 | $12.3M | 0.27% | +41,634+105.7% | Added |
| Teacher Retirement System of Texas | 80,844 | $12.3M | 0.04% | +7,398+10.1% | Added |
| Swedbank AB | 79,460 | $12.1M | 0.01% | +316+0.4% | Added |
| Generali Asset Management SPA SGR | 77,608 | $11.8M | 0.24% | +10,336+15.4% | Added |
| Ameriprise Financial Inc | 76,605 | $11.6M | 0.00% | +3,194+4.4% | Added |
| Resona Asset Management Co.,Ltd. | 75,650 | $11.5M | 0.06% | −2,599−3.3% | Reduced |
| Creative Planning | 75,652 | $11.5M | 0.01% | −1,155−1.5% | Reduced |
| Rafferty Asset Management, LLC | 74,433 | $11.3M | 0.04% | +38,921+109.6% | Added |
| CI Private Wealth, LLC | 72,801 | $11.1M | 0.02% | +60,997+516.7% | Added |
| Arizona State Retirement System | 72,607 | $11.0M | 0.06% | −3,631−4.8% | Reduced |
| Alpine Global Management, LLC | 72,211 | $11.0M | 2.44% | +70,641+4,499.4% | Added |
| Nissay Asset Management Corp | 72,113 | $11.0M | 0.06% | +3,943+5.8% | Added |
| Private Advisor Group, LLC | 71,997 | $10.9M | 0.05% | +14,558+25.3% | Added |
| Y-Intercept (Hong Kong) Ltd | 71,884 | $10.9M | 0.24% | +71,884 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 70,387 | $10.7M | 0.02% | +4,298+6.5% | Added |
| Pilgrim Partners Asia Pte Ltd | 70,000 | $10.6M | 5.12% | +69,900+69,900.0% | Added |
| Accuvest Global Advisors | 69,422 | $10.5M | 7.77% | −2,361−3.3% | Reduced |
| Guggenheim Capital LLC | 66,036 | $10.0M | 0.07% | +3,394+5.4% | Added |
| Mercer Global Advisors Inc | 62,024 | $9.32M | 0.01% | +3,240+5.5% | Added |
| Daiwa Securities Group Inc. | 61,118 | $9.29M | 0.03% | +17,455+40.0% | Added |
| Leonteq Securities AG | 60,710 | $9.22M | 0.49% | +11,984+24.6% | Added |
| CIBC Asset Management Inc | 60,592 | $9.21M | 0.02% | +5,013+9.0% | Added |
| Voloridge Investment Management, LLC | 60,378 | $9.17M | 0.03% | −206,172−77.3% | Reduced |
| Toronto Dominion Bank | 58,946 | $8.96M | 0.02% | −2,206−3.6% | Reduced |
| SEI Investments Co | 58,788 | $8.93M | 0.01% | +13,374+29.4% | Added |
| Russell Investments Group, Ltd. | 57,578 | $8.84M | 0.01% | +21,426+59.3% | Added |
| GF Fund Management Co. Ltd. | 56,495 | $8.58M | 0.15% | +5,925+11.7% | Added |
| Forsta Ap-Fonden | 55,820 | $8.48M | 0.05% | −480−0.9% | Reduced |
| Rockefeller Capital Management L.P. | 55,137 | $8.38M | 0.02% | −25,277−31.4% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 54,214 | $8.24M | 0.06% | +7,386+15.8% | Added |
| Kestra Advisory Services, LLC | 54,030 | $8.21M | 0.03% | −1,701−3.1% | Reduced |
| GWM Advisors LLC | 53,487 | $8.13M | 0.03% | +1,056+2.0% | Added |
| Schonfeld Strategic Advisors LLC | 53,466 | $8.12M | 0.04% | +51,601+2,766.8% | Added |
| Standard Life Aberdeen plc | 53,226 | $8.09M | 0.01% | −315−0.6% | Reduced |
| Capstone Investment Advisors, LLC | 53,208 | $8.08M | 0.07% | +39,848+298.3% | Added |
| EverSource Wealth Advisors, LLC | 52,606 | $7.99M | 0.29% | +17,270+48.9% | Added |
| DRW Securities, LLC | 52,010 | $7.90M | 0.60% | +52,010 | New |
| Skandinaviska Enskilda Banken AB (publ) | 51,720 | $7.86M | 0.03% | +2,303+4.7% | Added |
| HBK Investments L P | 51,564 | $7.84M | 0.08% | +51,564 | New |
| Franklin Resources Inc | 51,100 | $7.76M | 0.00% | +3,895+8.3% | Added |
| Summit Financial, LLC | 50,712 | $7.71M | 0.11% | +18,416+57.0% | Added |
| IFM Investors Pty Ltd | 50,595 | $7.69M | 0.06% | +549+1.1% | Added |
| Lido Advisors, LLC | 22,799 | $7.32M | 0.03% | −89−0.4% | Reduced |
| Winton Group Ltd | 47,894 | $7.28M | 0.25% | +31,340+189.3% | Added |
| Vista Investment Partners II, LLC | 47,742 | $7.25M | 3.13% | +8,210+20.8% | Added |
| Madden Securities Corp | 47,540 | $7.22M | 2.20% | −2,501−5.0% | Reduced |
| Independent Advisor Alliance | 46,793 | $7.11M | 0.17% | −5,960−11.3% | Reduced |
| Fiduciary Alliance LLC | 46,527 | $7.07M | 0.46% | +2,082+4.7% | Added |
| Capital Wealth Alliance, LLC | 50,972 | $7.06M | 3.01% | +6,272+14.0% | Added |
| Pacer Advisors, Inc. | 46,290 | $7.03M | 0.02% | +13,154+39.7% | Added |
| British Columbia Investment Management Corp | 46,251 | $7.03M | 0.04% | +8,666+23.1% | Added |
| USS Investment Management Ltd | 44,382 | $6.74M | 0.03% | +3,429+8.4% | Added |
| Compass Ion Advisors, LLC | 43,980 | $6.68M | 0.64% | −6,025−12.0% | Reduced |
| Varma Mutual Pension Insurance Co | 42,880 | $6.52M | 0.04% | +4,780+12.5% | Added |
| Kingswood Wealth Advisors, LLC | 42,750 | $6.50M | 0.31% | +1,733+4.2% | Added |
| Wealth Enhancement Advisory Services, LLC | 40,509 | $6.38M | 0.01% | −21,415−34.6% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 40,798 | $6.20M | 0.05% | −1,813−4.3% | Reduced |
| Parallax Volatility Advisers, L.P. | 39,735 | $6.04M | 0.19% | +39,735 | New |
| Capital Fund Management S.A. | 39,661 | $6.03M | 0.06% | +500+1.3% | Added |
| Mn Services Vermogensbeheer B.V. | 39,300 | $5.97M | 0.04% | −5,700−12.7% | Reduced |
| American Century Companies Inc | 39,216 | $5.96M | 0.00% | +2,763+7.6% | Added |
| Moors & Cabot, Inc. | 39,155 | $5.95M | 0.25% | −110−0.3% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 38,537 | $5.91M | 0.04% | +29,004+304.2% | Added |
| Vident Advisory, LLC | 38,665 | $5.88M | 0.06% | −89,772−69.9% | Reduced |
| Kessler Investment Group, LLC | 38,042 | $5.78M | 2.44% | +38,042 | New |
| Acorn Financial Advisory Services Inc | 37,770 | $5.74M | 0.85% | −3,103−7.6% | Reduced |
| Wealthfront Advisers LLC | 35,697 | $5.42M | 0.01% | −17,861−33.3% | Reduced |