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 |
|---|---|---|---|---|---|
| Erste Asset Management GmbH | 33,740 | $5.24M | 0.04% | −3,959−10.5% | Reduced |
| Public Employees Retirement Association of Colorado | 33,673 | $5.12M | 0.02% | −80−0.2% | Reduced |
| iA Global Asset Management Inc. | 33,278 | $5.06M | 0.06% | +2,719+8.9% | Added |
| Kovack Advisors, Inc. | 32,890 | $5.00M | 0.24% | +32,216+4,779.8% | Added |
| IHT Wealth Management, LLC | 32,357 | $4.92M | 0.12% | +1,788+5.8% | Added |
| Quantinno Capital Management LP | 31,946 | $4.85M | 0.01% | +2,661+9.1% | Added |
| Virginia Retirement Systems Et Al | 31,880 | $4.84M | 0.03% | +7,180+29.1% | Added |
| Xponance, Inc. | 31,476 | $4.78M | 0.04% | +723+2.4% | Added |
| QRG Capital Management, Inc. | 30,923 | $4.70M | 0.05% | −9,765−24.0% | Reduced |
| Shelton Capital Management | 30,727 | $4.67M | 0.09% | +3,492+12.8% | Added |
| Public Sector Pension Investment Board | 30,317 | $4.61M | 0.02% | −12,683−29.5% | Reduced |
| Boundless Plain Holdings Ltd | 30,000 | $4.56M | 1.45% | +30,000 | New |
| Elequin Capital LP | 29,957 | $4.55M | 0.59% | −837−2.7% | Reduced |
| Cresset Asset Management, LLC | 29,402 | $4.47M | 0.02% | −820−2.7% | Reduced |
| Advisor Group Holdings, Inc. | 29,399 | $4.47M | 0.01% | −81,913−73.6% | Reduced |
| Pacific Capital Wealth Advisors, Inc | 29,089 | $4.42M | 0.76% | −60.0% | Reduced |
| OP Asset Management Ltd | 29,037 | $4.41M | 0.05% | +1,378+5.0% | Added |
| Utah Retirement Systems | 29,007 | $4.41M | 0.04% | +148+0.5% | Added |
| Longitude (Cayman) Ltd. | 28,200 | $4.28M | 3.71% | +28,200 | New |
| X-Square Capital, LLC | 28,155 | $4.28M | 1.40% | +9,876+54.0% | Added |
| Eurizon Capital SGR S.p.A. | 27,856 | $4.24M | 0.01% | +27,856 | New |
| ARP Global Capital Ltd | 27,865 | $4.23M | 1.28% | +27,865 | New |
| CIBC World Markets Inc. | 27,684 | $4.21M | 0.01% | −13,242−32.4% | Reduced |
| Tobam | 27,270 | $4.14M | 1.02% | +81+0.3% | Added |
| Balyasny Asset Management LLC | 27,056 | $4.11M | 0.01% | +1,612+6.3% | Added |
| Janus Henderson Group PLC | 26,816 | $4.07M | 0.00% | +7,894+41.7% | Added |
| Nordea Investment Management AB | 26,347 | $4.05M | 0.00% | +1,391+5.6% | Added |
| Swiss Life Asset Management Ltd | 26,184 | $3.98M | 0.02% | −1,363−4.9% | Reduced |
| Rakuten Investment Management, Inc. | 25,509 | $3.96M | 0.01% | +23,387+1,102.1% | Added |
| Drive Wealth Management, LLC | 25,508 | $3.88M | 0.76% | +24,755+3,287.5% | Added |
| Miller Value Partners, LLC | 25,250 | $3.84M | 1.35% | +10,000+65.6% | Added |
| Vontobel Holding Ltd. | 25,113 | $3.82M | 0.01% | +8,507+51.2% | Added |
| Envestnet Asset Management Inc | 24,952 | $3.79M | 0.00% | +2,348+10.4% | Added |
| CWM, LLC | 24,864 | $3.78M | 0.01% | +5,006+25.2% | Added |
| Man Group plc | 24,763 | $3.76M | 0.01% | −5,584−18.4% | Reduced |
| Caitong International Asset Management Co., Ltd | 24,516 | $3.73M | 0.91% | +24,516 | New |
| EagleClaw Capital Managment, LLC | 24,425 | $3.71M | 0.54% | −575−2.3% | Reduced |
| Golden State Wealth Management, LLC | 24,060 | $3.66M | 0.39% | −362−1.5% | Reduced |
| SBI Securities Co., Ltd. | 23,889 | $3.63M | 0.09% | −8,988−27.3% | Reduced |
| Advisory Services Network, LLC | 23,786 | $3.61M | 0.05% | +3,123+15.1% | Added |
| Squarepoint Ops LLC | 23,696 | $3.60M | 0.01% | +23,696 | New |
| Investment Management Corp of Ontario | 23,197 | $3.52M | 0.05% | +10,982+89.9% | Added |
| Colony Group, LLC | 22,879 | $3.48M | 0.00% | +10,123+79.4% | Added |
| Macquarie Group Ltd | 22,670 | $3.44M | 0.02% | −3,690−14.0% | Reduced |
| ASR Vermogensbeheer N.V. | 22,631 | $3.44M | 0.04% | −194−0.8% | Reduced |
| Verition Fund Management LLC | 22,273 | $3.38M | 0.02% | +17,082+329.1% | Added |
| Collar Capital Management, LLC | 22,245 | $3.38M | 2.26% | −511−2.2% | Reduced |
| Nations Financial Group Inc, | 22,184 | $3.37M | 0.18% | +2,419+12.2% | Added |
| CIBC World Markets Corp | 22,061 | $3.35M | 0.02% | +22,061 | New |
| Heritage Investors Management Corp | 21,909 | $3.33M | 0.10% | 00.0% | Unchanged |
| Truvestments Capital LLC | 21,773 | $3.31M | 0.60% | +4,064+22.9% | Added |
| Cavalier Investments, LLC | 21,712 | $3.30M | 1.03% | +10,085+86.7% | Added |
| Kestra Private Wealth Services, LLC | 21,481 | $3.26M | 0.04% | +671+3.2% | Added |
| Titleist Asset Management, LLC | 21,453 | $3.26M | 0.26% | +1,321+6.6% | Added |
| Mackenzie Financial Corp | 20,921 | $3.25M | 0.00% | −1,734−7.7% | Reduced |
| Apollon Wealth Management, LLC | 21,205 | $3.22M | 0.06% | +8,116+62.0% | Added |
| AE Wealth Management LLC | 21,107 | $3.21M | 0.02% | +18,203+626.8% | Added |
| Profund Advisors LLC | 21,084 | $3.20M | 0.10% | +2,003+10.5% | Added |
| Janney Montgomery Scott LLC | 20,915 | $3.18M | 0.01% | −11,933−36.3% | Reduced |
| Blue Sky Capital Consultants Group, Inc. | 20,862 | $3.17M | 1.39% | +2,265+12.2% | Added |
| CAP Partners, LLC | 20,833 | $3.17M | 1.79% | +6,579+46.2% | Added |
| Oppenheimer & Co Inc | 20,745 | $3.15M | 0.04% | −191−0.9% | Reduced |
| Secure Asset Management, LLC | 20,271 | $3.08M | 0.49% | +2,597+14.7% | Added |
| United Capital Management of KS, Inc. | 20,057 | $3.05M | 0.43% | −9,877−33.0% | Reduced |
| GM Advisory Group, Inc. | 20,010 | $3.04M | 0.12% | +20,010 | New |
| Harvest Fund Management Co., Ltd | 19,989 | $3.04M | 0.11% | +3,792+23.4% | Added |
| Rakuten Securities, Inc. | 19,819 | $3.01M | 0.98% | −5,477−21.7% | Reduced |
| Blair William & Co | 19,662 | $2.99M | 0.01% | −313−1.6% | Reduced |
| Allstate Corp | 19,613 | $2.98M | 0.04% | +10,023+104.5% | Added |
| Farringdon Capital, Ltd. | 19,334 | $2.94M | 0.72% | +13,515+232.3% | Added |
| Vienna Asset Management LLC | 19,047 | $2.89M | 1.64% | +562+3.0% | Added |
| AQR Capital Management LLC | 18,519 | $2.81M | 0.00% | +5,999+47.9% | Added |
| Bank of Nova Scotia | 18,495 | $2.81M | 0.00% | +4,508+32.2% | Added |
| Tower Research Capital LLC (TRC) | 18,475 | $2.81M | 0.07% | +13,983+311.3% | Added |
| Prudential PLC | 18,109 | $2.75M | 0.02% | −3,594−16.6% | Reduced |
| JustInvest LLC | 18,059 | $2.74M | 0.03% | −4,740−20.8% | Reduced |
| PKO Investment Management Joint-Stock Co | 18,000 | $2.74M | 0.22% | +3,000+20.0% | Added |
| HHM Wealth Advisors, LLC | 17,982 | $2.73M | 0.32% | 00.0% | Unchanged |
| Candriam Luxembourg S.C.A. | 17,912 | $2.72M | 0.01% | +1,990+12.5% | 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 |
| Chicago Partners Investment Group LLC | 16,452 | $2.68M | 0.07% | +1,928+13.3% | Added |
| Pathstone Holdings, LLC | 17,497 | $2.66M | 0.01% | −8,087−31.6% | Reduced |
| Kapstone Financial Advisors LLC | 16,934 | $2.57M | 1.28% | −55,072−76.5% | Reduced |
| Coastal Investment Advisors, Inc. | 16,600 | $2.52M | 0.83% | +955+6.1% | Added |
| Kentucky Retirement Systems | 16,576 | $2.52M | 0.07% | 00.0% | Unchanged |
| Rathbone Brothers plc | 16,434 | $2.50M | 0.01% | +911+5.9% | Added |
| Beaird Harris Wealth Management, LLC | 16,134 | $2.45M | 0.17% | +42+0.3% | Added |
| Cerity Partners LLC | 16,114 | $2.45M | 0.00% | +6,670+70.6% | Added |
| Campbell & CO Investment Adviser LLC | 16,043 | $2.44M | 0.12% | +16,043 | New |
| Finer Wealth Management, Inc. | 15,948 | $2.42M | 1.17% | −6,300−28.3% | Reduced |
| Prudential Financial Inc | 13,656 | $2.42M | 0.00% | −7,512−35.5% | Reduced |
| Gateway Investment Advisers LLC | 15,743 | $2.39M | 0.02% | −317−2.0% | Reduced |
| Sanctuary Advisors, LLC | 15,596 | $2.37M | 0.01% | −1,266−7.5% | Reduced |
| Federation des caisses Desjardins du Quebec | 15,565 | $2.37M | 0.01% | +3,293+26.8% | Added |
| CAPROCK Group, Inc. | 15,279 | $2.32M | 0.05% | −3,648−19.3% | Reduced |
| Brookstone Capital Management | 15,260 | $2.32M | 0.03% | −1,779−10.4% | Reduced |
| KPP Advisory Services LLC | 14,994 | $2.28M | 0.33% | +79+0.5% | Added |
| Flow Traders U.S. LLC | 14,912 | $2.27M | 0.07% | +14,097+1,729.7% | Added |
| Patriot Investment Management Inc. | 14,538 | $2.21M | 0.14% | +73+0.5% | Added |