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Shopify Inc.

SHOP
Exchange
Nasdaq
Industry
Services-Prepackaged Software
SEC CIK
0001594805

No open-market purchases or sales by Shopify Inc. insiders were filed in the last 90 days; 1,719 institutions reported holding it in 13F filings for Q2 2026, worth $94.6B in total; 3 superinvestors hold it, including ARK Invest and D1 Capital Partners.

13F holders, Q3 2023

Institutional positions in Shopify Inc. as of Sep 30, 2023. 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
1,081
−37 vs. Q2 2023
Shares held
776.9M
−5.49M (−0.7%) vs. Q2 2023
Total value
$42.6B
−$7.98B (−15.8%) vs. Q2 2023
New holders
97
391 more added
Sold out
134
380 more reduced

9 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SHOP 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 holdersQ3 2023: 1,081 institutions
Q1 2021: 1,158 institutionsQ2 2021: 1,213 institutionsQ3 2021: 1,228 institutionsQ4 2021: 1,352 institutionsQ1 2022: 1,149 institutionsQ2 2022: 968 institutionsQ3 2022: 883 institutionsQ4 2022: 973 institutionsQ1 2023: 1,028 institutionsQ2 2023: 1,127 institutionsQ3 2023: 1,081 institutionsQ4 2023: 1,214 institutionsQ1 2024: 1,222 institutionsQ2 2024: 1,213 institutionsQ3 2024: 1,262 institutionsQ4 2024: 1,490 institutionsQ1 2025: 1,480 institutionsQ2 2025: 1,555 institutionsQ3 2025: 1,718 institutionsQ4 2025: 1,892 institutionsQ1 2026: 1,741 institutionsQ2 2026: 1,719 institutions
Value heldQ3 2023: $42.6B
Q1 2021: $82.9BQ2 2021: $111.4BQ3 2021: $104.0BQ4 2021: $108.3BQ1 2022: $52.1BQ2 2022: $22.2BQ3 2022: $19.6BQ4 2022: $26.7BQ1 2023: $36.8BQ2 2023: $50.6BQ3 2023: $42.6BQ4 2023: $63.1BQ1 2024: $61.5BQ2 2024: $53.8BQ3 2024: $66.6BQ4 2024: $88.7BQ1 2025: $80.9BQ2 2025: $97.4BQ3 2025: $123.4BQ4 2025: $138.3BQ1 2026: $99.1BQ2 2026: $94.6B
Institutions holding SHOP and their total value by quarter
QuarterHoldersValue
Q2 20261,719$94.6B
Q1 20261,741$99.1B
Q4 20251,892$138.3B
Q3 20251,718$123.4B
Q2 20251,555$97.4B
Q1 20251,480$80.9B
Q4 20241,490$88.7B
Q3 20241,262$66.6B
Q2 20241,213$53.8B
Q1 20241,222$61.5B
Q4 20231,214$63.1B
Q3 20231,081$42.6B
Q2 20231,127$50.6B
Q1 20231,028$36.8B
Q4 2022973$26.7B
Q3 2022883$19.6B
Q2 2022968$22.2B
Q1 20221,149$52.1B
Q4 20211,352$108.3B
Q3 20211,228$104.0B
Q2 20211,213$111.4B
Q1 20211,158$82.9B

Institutions, Q3 2023

Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q2 2023.

Institutions holding SHOP in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Baillie Gifford & Co62,745,009$3.42B3.12%−2,805,782−4.3%Reduced
Morgan Stanley59,647,851$3.25B0.33%−3,751,964−5.9%Reduced
Capital Research Global Investors42,831,636$2.34B0.64%−4,354,670−9.2%Reduced
Vanguard Group Inc40,926,224$2.23B0.05%+634,883+1.6%Added
FMR LLC36,087,450$1.97B0.17%+4,983,651+16.0%Added
Price T Rowe Associates Inc31,996,659$1.75B0.26%−1,550,208−4.6%Reduced
Capital World Investors30,635,358$1.67B0.33%+2,412,852+8.5%Added
JPMorgan Chase & Co29,184,000$1.59B0.19%+5,928,699+25.5%Added
Royal Bank of Canada24,324,247$1.33B0.39%−1,260,339−4.9%Reduced
Sands Capital Management, LLC15,756,715$859.8M2.93%−597,189−3.7%Reduced
Bank of Montreal12,977,882$811.4M0.48%−329,839−2.5%Reduced
Capital International Investors14,450,076$787.6M0.20%+808,174+5.9%Added
Loomis Sayles & Co L P13,820,391$754.2M1.30%−510,286−3.6%Reduced
FIL Ltd13,064,405$713.1M0.84%−2,172,086−14.3%Reduced
Franklin Resources Inc13,002,842$709.6M0.36%+1,819,689+16.3%Added
Norges Bank12,995,131$709.2M0.14%+331,538+2.6%Added
Wellington Management Group LLP10,915,621$595.8M0.12%+5,192,685+90.7%Added
Bank of America Corp9,477,462$517.2M0.06%+1,249,651+15.2%Added
Sumitomo Mitsui Trust Holdings, Inc.8,864,651$484.2M0.40%−593,642−6.3%Reduced
Connor, Clark & Lunn Investment Management Ltd.8,336,604$455.0M2.38%−1,050,653−11.2%Reduced
Manufacturers Life Insurance Company, The7,865,917$431.8M0.25%+1,890,342+31.6%Added
National Bank of Canada7,838,191$423.1M0.78%−734,873−8.6%Reduced
Jarislowsky, Fraser Ltd7,681,571$421.2M2.74%−1,616,662−17.4%Reduced
Voya Investment Management LLC7,373,447$402.5M0.44%+1,389,627+23.2%Added
TD Asset Management Inc7,104,095$389.1M0.47%+299,788+4.4%Added
ARK Investment Management LLCSuperinvestorARK Invest6,955,150$379.5M2.90%−1,919,646−21.6%Reduced
BlackRock Inc.6,664,068$363.7M0.01%+3,341,843+100.6%Added
Newlands Management Operations LLC6,325,050$345.2M3.69%00.0%Unchanged
CIBC World Markets Inc.6,315,282$344.6M1.24%−404,780−6.0%Reduced
Legal & General Group Plc6,196,285$339.7M0.12%+377,901+6.5%Added
Nikko Asset Management Americas, Inc.5,974,163$326.0M3.90%−919,667−13.3%Reduced
Scge Management, L.P.5,903,000$322.1M8.37%−2,583,491−30.4%Reduced
Coatue Management LLCSuperinvestorCoatue Management5,616,241$306.5M1.55%+5,616,241New
Canada Pension Plan Investment Board5,456,064$298.7M0.44%−52,236−0.9%Reduced
Bank of Nova Scotia5,140,263$280.6M0.74%−6,054,868−54.1%Reduced
Bank of New York Mellon Corp4,994,522$272.6M0.06%−421,487−7.8%Reduced
Barclays PLC4,855,290$265.0M0.17%−1,408,495−22.5%Reduced
Select Equity Group, L.P.4,828,506$263.5M1.09%+3,203,199+197.1%Added
Artisan Partners Limited Partnership4,809,633$262.5M0.45%+2,113,773+78.4%Added
Geode Capital Management, LLC4,273,244$232.3M0.03%+178,289+4.4%Added
CIBC Asset Management Inc4,233,654$231.8M0.96%−44,246−1.0%Reduced
Goldman Sachs Group Inc4,131,107$225.4M0.06%+723,803+21.2%Added
Swiss National Bank4,018,100$221.2M0.17%−486,700−10.8%Reduced
Mackenzie Financial Corp4,025,182$206.8M0.35%−220,638−5.2%Reduced
Marshall Wace, LLP3,758,077$205.1M0.44%−843,055−18.3%Reduced
British Columbia Investment Management Corp3,402,691$185.7M1.76%+311,690+10.1%Added
Ashe Capital Management, LP3,172,195$173.1M14.38%00.0%Unchanged
Lord, Abbett & Co. LLC2,884,730$157.4M0.59%−587,382−16.9%Reduced
Neuberger Berman Group LLC2,840,581$154.1M0.14%+1,336,658+88.9%Added
Zevenbergen Capital Investments LLC2,789,571$152.2M3.89%−55,390−1.9%Reduced
Massachusetts Financial Services Co2,322,023$126.7M0.04%+89,063+4.0%Added
Qube Research & Technologies Ltd2,309,445$126.0M0.37%+1,519,970+192.5%Added
1832 Asset Management L.P.2,215,684$120.9M0.25%+97,717+4.6%Added
Abdiel Capital Advisors, LP2,207,495$120.5M5.28%−71,202−3.1%Reduced
Ameriprise Financial Inc2,156,758$119.0M0.04%−38,314−1.7%Reduced
Bamco Inc2,146,351$117.1M0.34%+197,912+10.2%Added
Invesco Ltd.2,106,241$114.9M0.03%+1,042,631+98.0%Added
Barton Investment Management2,098,171$114.5M18.49%+3,658+0.2%Added
Credit Suisse AG2,063,294$112.6M0.12%+3,431+0.2%Added
Polar Capital Holdings Plc2,007,288$109.5M0.81%−173,035−7.9%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,890,229$103.7M0.15%−27,526−1.4%Reduced
Clearbridge Investments, LLC1,851,704$101.0M0.10%+202,704+12.3%Added
Caisse de Depot Et Placement du Quebec1,721,085$94.4M0.27%+391,159+29.4%Added
Strategy Capital LLC1,727,456$94.3M13.15%−205,488−10.6%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,710,060$93.3M0.29%−70,244−3.9%Reduced
UBS Group AG1,620,057$88.4M0.04%+63,365+4.1%Added
Healthcare of Ontario Pension Plan Trust Fund1,545,000$84.3M0.38%00.0%Unchanged
Wells Fargo & Company1,511,439$82.5M0.03%+65,631+4.5%Added
Arrowstreet Capital, Limited Partnership1,442,355$78.8M0.10%−1,996,546−58.1%Reduced
Federated Hermes, Inc.1,420,611$77.5M0.21%+122,606+9.4%Added
Deutsche Bank AG1,401,473$76.5M0.05%−86,763−5.8%Reduced
Mitsubishi UFJ Trust & Banking Corp1,398,124$76.3M0.19%−20,526−1.4%Reduced
Gilder Gagnon Howe & Co LLC1,368,674$74.7M1.14%−91,469−6.3%Reduced
Russell Investments Group, Ltd.1,369,474$74.6M0.15%+234,089+20.6%Added
Twin Tree Management, LP1,355,444$74.0M2.48%+1,355,444New
Agf Management Ltd1,298,293$70.9M0.50%+1,164,781+872.4%Added
Quadrature Capital Ltd1,250,800$68.7M1.41%+1,250,800New
Public Investment Fund1,250,000$68.2M0.19%00.0%Unchanged
APG Asset Management N.V.918,971$68.1M0.14%−123,989−11.9%Reduced
Granite Bay Wealth Management, LLC1,095,361$66.4M0.65%+1,077,959+6,194.5%Added
Bessemer Group Inc1,124,087$61.3M0.13%+8,828+0.8%Added
Holocene Advisors, LP1,114,221$60.8M0.27%−894,068−44.5%Reduced
Amundi1,166,482$60.1M0.03%+74,641+6.8%Added
Natixis Advisors, L.P.1,050,940$57.4M0.18%−824−0.1%Reduced
Ensign Peak Advisors, Inc1,018,495$55.6M0.12%−19,625−1.9%Reduced
LPL Financial LLC1,014,088$55.3M0.04%+22,775+2.3%Added
New York State Common Retirement Fund997,525$54.4M0.08%+70,381+7.6%Added
Addenda Capital Inc.729,045$54.1M2.35%+244,430+50.4%Added
Toronto Dominion Bank981,375$53.6M0.09%−166,798−14.5%Reduced
Jane Street Group, LLC958,202$52.3M0.08%−937,232−49.4%Reduced
Raymond James & Associates941,887$51.4M0.04%−52,193−5.3%Reduced
First Trust Advisors LP931,079$50.8M0.06%−157,283−14.5%Reduced
Alberta Investment Management Corp923,789$50.6M0.54%−1,166,813−55.8%Reduced
Rathbone Brothers plc916,781$50.0M0.36%+147,064+19.1%Added
Triasima Portfolio Management inc.900,745$49.4M4.53%−146,360−14.0%Reduced
Hudson Bay Capital Management LP900,000$49.1M0.47%+900,000New
Great West Life Assurance Co876,351$48.0M0.12%−20,701−2.3%Reduced
Cidel Asset Management Inc841,328$46.1M2.31%+7,324+0.9%Added
Envestnet Asset Management Inc827,520$45.2M0.02%+124,266+17.7%Added
Polen Capital Management LLC802,650$43.8M0.12%+16,046+2.0%Added