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, Q4 2023
Institutional positions in Shopify Inc. as of Dec 31, 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
- 1,214
- +145 vs. Q3 2023
- Shares held
- 809.8M
- +33.7M (+4.3%) vs. Q3 2023
- Total value
- $63.1B
- +$20.6B (+48.3%) vs. Q3 2023
- New holders
- 251
- 364 more added
- Sold out
- 106
- 420 more reduced
12 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,719 | $94.6B |
| Q1 2026 | 1,741 | $99.1B |
| Q4 2025 | 1,892 | $138.3B |
| Q3 2025 | 1,718 | $123.4B |
| Q2 2025 | 1,555 | $97.4B |
| Q1 2025 | 1,480 | $80.9B |
| Q4 2024 | 1,490 | $88.7B |
| Q3 2024 | 1,262 | $66.6B |
| Q2 2024 | 1,213 | $53.8B |
| Q1 2024 | 1,222 | $61.5B |
| Q4 2023 | 1,214 | $63.1B |
| Q3 2023 | 1,081 | $42.6B |
| Q2 2023 | 1,127 | $50.6B |
| Q1 2023 | 1,028 | $36.8B |
| Q4 2022 | 973 | $26.7B |
| Q3 2022 | 883 | $19.6B |
| Q2 2022 | 968 | $22.2B |
| Q1 2022 | 1,149 | $52.1B |
| Q4 2021 | 1,352 | $108.3B |
| Q3 2021 | 1,228 | $104.0B |
| Q2 2021 | 1,213 | $111.4B |
| Q1 2021 | 1,158 | $82.9B |
Institutions, Q4 2023
Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Baillie Gifford & Co | 64,164,758 | $5.00B | 3.96% | +1,419,749+2.3% | Added |
| Morgan Stanley | 52,519,805 | $4.09B | 0.36% | −7,128,046−12.0% | Reduced |
| Vanguard Group Inc | 42,168,291 | $3.28B | 0.07% | +1,242,067+3.0% | Added |
| Capital World Investors | 39,424,769 | $3.07B | 0.55% | +8,789,411+28.7% | Added |
| Capital Research Global Investors | 38,257,314 | $2.98B | 0.73% | −4,574,322−10.7% | Reduced |
| FMR LLC | 36,483,713 | $2.84B | 0.22% | +396,263+1.1% | Added |
| JPMorgan Chase & Co | 29,861,185 | $2.33B | 0.24% | +677,185+2.3% | Added |
| Price T Rowe Associates Inc | 28,257,091 | $2.20B | 0.30% | −3,739,568−11.7% | Reduced |
| Royal Bank of Canada | 27,743,345 | $2.16B | 0.54% | +3,419,098+14.1% | Added |
| Arrowstreet Capital, Limited Partnership | 20,901,806 | $1.63B | 1.71% | +19,459,451+1,349.1% | Added |
| Capital International Investors | 15,849,638 | $1.24B | 0.28% | +1,399,562+9.7% | Added |
| Sands Capital Management, LLC | 14,805,951 | $1.15B | 3.51% | −950,764−6.0% | Reduced |
| Bank of Montreal | 13,482,087 | $1.07B | 0.58% | +504,205+3.9% | Added |
| Loomis Sayles & Co L P | 13,657,384 | $1.06B | 1.63% | −163,007−1.2% | Reduced |
| Norges Bank | 13,467,565 | $1.05B | 0.18% | +472,434+3.6% | Added |
| FIL Ltd | 13,303,001 | $1.04B | 1.09% | +238,596+1.8% | Added |
| Franklin Resources Inc | 11,352,453 | $884.1M | 0.41% | −1,650,389−12.7% | Reduced |
| Wellington Management Group LLP | 10,183,065 | $793.4M | 0.15% | −732,556−6.7% | Reduced |
| Bank of America Corp | 8,886,795 | $692.3M | 0.08% | −590,667−6.2% | Reduced |
| Manufacturers Life Insurance Company, The | 8,558,248 | $667.2M | 0.40% | +692,331+8.8% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 8,369,221 | $652.6M | 0.48% | −495,430−5.6% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 7,956,442 | $619.5M | 2.89% | −380,162−4.6% | Reduced |
| TD Asset Management Inc | 7,749,238 | $606.0M | 0.60% | +645,143+9.1% | Added |
| National Bank of Canada | 7,811,676 | $576.6M | 1.05% | −26,515−0.3% | Reduced |
| Bank of Nova Scotia | 7,337,219 | $571.4M | 1.07% | +2,196,956+42.7% | Added |
| Voya Investment Management LLC | 7,321,032 | $570.4M | 0.59% | −52,415−0.7% | Reduced |
| GQG Partners LLC | 7,016,507 | $546.6M | 1.16% | +7,016,507 | New |
| CIBC World Markets Inc. | 6,974,065 | $543.3M | 1.54% | +658,783+10.4% | Added |
| Artisan Partners Limited Partnership | 6,416,115 | $499.8M | 0.78% | +1,606,482+33.4% | Added |
| Newlands Management Operations LLC | 6,325,050 | $492.7M | 4.52% | 00.0% | Unchanged |
| BlackRock Inc. | 6,149,719 | $479.1M | 0.01% | −514,349−7.7% | Reduced |
| Legal & General Group Plc | 6,095,880 | $476.9M | 0.15% | −100,405−1.6% | Reduced |
| ARK Investment Management LLCSuperinvestorARK Invest | 6,010,496 | $468.2M | 2.77% | −944,654−13.6% | Reduced |
| Coatue Management LLCSuperinvestorCoatue Management | 5,817,201 | $453.2M | 1.90% | +200,960+3.6% | Added |
| Canada Pension Plan Investment Board | 5,674,864 | $443.4M | 0.56% | +218,800+4.0% | Added |
| Goldman Sachs Group Inc | 5,660,744 | $441.0M | 0.10% | +1,529,637+37.0% | Added |
| Nuveen Asset Management, LLC | 5,530,285 | $432.7M | 0.14% | +5,530,285 | New |
| Nikko Asset Management Americas, Inc. | 5,486,816 | $427.3M | 4.11% | −487,347−8.2% | Reduced |
| Bank of New York Mellon Corp | 5,271,818 | $410.7M | 0.08% | +277,296+5.6% | Added |
| Scge Management, L.P. | 4,977,000 | $387.7M | 8.66% | −926,000−15.7% | Reduced |
| Jarislowsky, Fraser Ltd | 4,858,624 | $380.1M | 2.24% | −2,822,947−36.7% | Reduced |
| Geode Capital Management, LLC | 4,431,925 | $343.3M | 0.04% | +158,681+3.7% | Added |
| Mackenzie Financial Corp | 4,334,722 | $337.6M | 0.51% | +309,540+7.7% | Added |
| CIBC Asset Management Inc | 4,243,120 | $331.4M | 1.24% | +9,466+0.2% | Added |
| Select Equity Group, L.P. | 4,198,242 | $327.0M | 1.21% | −630,264−13.1% | Reduced |
| Swiss National Bank | 3,912,100 | $305.1M | 0.22% | −106,000−2.6% | Reduced |
| Barclays PLC | 3,838,327 | $299.0M | 0.15% | −1,016,963−20.9% | Reduced |
| Invesco Ltd. | 3,828,629 | $298.3M | 0.07% | +1,722,388+81.8% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 3,382,000 | $263.5M | 0.93% | +1,837,000+118.9% | Added |
| Ashe Capital Management, LP | 2,802,195 | $218.3M | 18.97% | −370,000−11.7% | Reduced |
| Clearbridge Investments, LLC | 2,787,112 | $217.1M | 0.19% | +935,408+50.5% | Added |
| Marshall Wace, LLP | 2,755,152 | $214.6M | 0.41% | −1,002,925−26.7% | Reduced |
| D. E. Shaw & Co., Inc. | 2,738,464 | $213.3M | 0.31% | +2,305,276+532.2% | Added |
| Zevenbergen Capital Investments LLC | 2,604,374 | $202.9M | 4.67% | −185,197−6.6% | Reduced |
| Lord, Abbett & Co. LLC | 2,593,482 | $202.0M | 0.71% | −291,248−10.1% | Reduced |
| Massachusetts Financial Services Co | 2,382,200 | $185.6M | 0.06% | +60,177+2.6% | Added |
| Bamco Inc | 2,214,958 | $172.5M | 0.46% | +68,607+3.2% | Added |
| 1832 Asset Management L.P. | 2,171,176 | $169.1M | 0.32% | −44,508−2.0% | Reduced |
| Credit Suisse AG | 2,090,286 | $162.8M | 0.16% | +26,992+1.3% | Added |
| Barton Investment Management | 2,089,533 | $162.8M | 21.34% | −8,638−0.4% | Reduced |
| Polar Capital Holdings Plc | 2,003,722 | $156.1M | 1.08% | −3,566−0.2% | Reduced |
| British Columbia Investment Management Corp | 1,798,234 | $140.0M | 1.14% | −1,604,457−47.2% | Reduced |
| Caisse de Depot Et Placement du Quebec | 1,721,085 | $134.6M | 0.34% | 00.0% | Unchanged |
| Ensign Peak Advisors, Inc | 1,672,288 | $130.1M | 0.26% | +653,793+64.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1,639,121 | $127.7M | 0.36% | −70,939−4.1% | Reduced |
| Agf Management Ltd | 1,630,314 | $127.1M | 0.75% | +332,021+25.6% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 1,622,497 | $126.9M | 0.17% | −267,732−14.2% | Reduced |
| Ameriprise Financial Inc | 1,601,248 | $126.1M | 0.04% | −555,510−25.8% | Reduced |
| Strategy Capital LLC | 1,617,859 | $126.0M | 13.70% | −109,597−6.3% | Reduced |
| Holocene Advisors, LP | 1,584,061 | $123.4M | 0.48% | +469,840+42.2% | Added |
| Russell Investments Group, Ltd. | 1,556,443 | $121.5M | 0.22% | +186,969+13.7% | Added |
| Quadrature Capital Ltd | 1,557,800 | $121.5M | 2.19% | +307,000+24.5% | Added |
| Wells Fargo & Company | 1,536,701 | $119.7M | 0.03% | +25,262+1.7% | Added |
| Federated Hermes, Inc. | 1,535,321 | $119.6M | 0.30% | +114,710+8.1% | Added |
| Deutsche Bank AG | 1,451,219 | $113.0M | 0.06% | +49,746+3.5% | Added |
| Gilder Gagnon Howe & Co LLC | 1,418,035 | $110.5M | 1.52% | +49,361+3.6% | Added |
| Hudson Bay Capital Management LP | 1,410,000 | $109.8M | 0.96% | +510,000+56.7% | Added |
| Pictet Asset Management Holding SA | 1,336,202 | $104.1M | 0.11% | +718,009+116.1% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 1,288,390 | $100.4M | 0.24% | −109,734−7.8% | Reduced |
| Public Investment Fund | 1,250,000 | $97.4M | 0.28% | 00.0% | Unchanged |
| Amundi | 1,208,463 | $96.8M | 0.04% | +41,981+3.6% | Added |
| UBS Group AG | 1,143,982 | $89.1M | 0.04% | −476,075−29.4% | Reduced |
| Bessemer Group Inc | 1,140,593 | $88.9M | 0.17% | +16,506+1.5% | Added |
| Korea Investment CORP | 1,119,653 | $87.6M | 0.23% | +574,618+105.4% | Added |
| New York State Common Retirement Fund | 1,080,941 | $84.2M | 0.12% | +83,416+8.4% | Added |
| LPL Financial LLC | 1,079,174 | $84.1M | 0.05% | +65,086+6.4% | Added |
| Man Group plc | 1,043,415 | $81.3M | 0.23% | – | – |
| SEI Investments Co | 1,011,976 | $78.8M | 0.13% | +300,088+42.2% | Added |
| Natixis Advisors, L.P. | 1,010,757 | $78.7M | 0.21% | −40,183−3.8% | Reduced |
| Raymond James & Associates | 1,008,854 | $78.6M | 0.06% | +66,967+7.1% | Added |
| Alberta Investment Management Corp | 974,337 | $76.1M | 0.72% | +50,548+5.5% | Added |
| Addenda Capital Inc. | 733,742 | $75.7M | 2.96% | +4,697+0.6% | Added |
| Great West Life Assurance Co | 941,714 | $73.2M | 0.16% | +65,363+7.5% | Added |
| Rathbone Brothers plc | 929,666 | $72.4M | 0.47% | +12,885+1.4% | Added |
| APG Asset Management N.V. | 1,021,407 | $72.3M | 0.14% | +102,436+11.1% | Added |
| Toronto Dominion Bank | 925,056 | $72.1M | 0.10% | −56,319−5.7% | Reduced |
| Jane Street Group, LLC | 918,279 | $71.5M | 0.09% | −39,923−4.2% | Reduced |
| Granite Bay Wealth Management, LLC | 1,108,196 | $70.8M | 0.63% | +12,835+1.2% | Added |
| Triasima Portfolio Management inc. | 901,420 | $70.3M | 5.81% | +675+0.1% | Added |
| Envestnet Asset Management Inc | 893,034 | $69.6M | 0.03% | +65,514+7.9% | Added |