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 |
|---|---|---|---|---|---|
| Northwestern Mutual Wealth Management Co | 154,042 | $12.0M | 0.01% | +2,094+1.4% | Added |
| WCM Investment Management, LLC | 152,650 | $12.1M | 0.03% | 00.0% | Unchanged |
| Liontrust Investment Partners LLP | 157,283 | $12.3M | 0.18% | −31,471−16.7% | Reduced |
| Wolverine Trading, LLC | 158,818 | $12.4M | 0.09% | +27,148+20.6% | Added |
| State of Michigan Retirement System | 160,000 | $12.5M | 0.07% | 00.0% | Unchanged |
| Tredje AP-fonden | 160,000 | $12.5M | 0.16% | +160,000 | New |
| Two Sigma Investments, LP | 164,130 | $12.8M | 0.03% | −176,072−51.8% | Reduced |
| Vestmark Advisory Solutions, Inc. | 166,626 | $13.0M | 0.66% | +159,579+2,264.5% | Added |
| AXA S.A. | 168,508 | $13.1M | 0.04% | −47,897−22.1% | Reduced |
| HighTower Advisors, LLC | 171,125 | $13.3M | 0.02% | +36,895+27.5% | Added |
| USS Investment Management Ltd | 175,364 | $13.6M | 0.12% | −11,174−6.0% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 179,826 | $14.0M | 0.08% | +30,353+20.3% | Added |
| Gluskin Sheff & Assoc Inc | 183,663 | $14.3M | 1.41% | −254,868−58.1% | Reduced |
| APG Asset Management US Inc. | 183,124 | $14.3M | 0.09% | +183,124 | New |
| Allen Investment Management LLC | 185,775 | $14.5M | 0.19% | +7,751+4.4% | Added |
| Thompson Siegel & Walmsley LLC | 186,140 | $14.5M | 0.23% | −31,400−14.4% | Reduced |
| Perpetual Ltd | 187,710 | $14.6M | 0.15% | −31,476−14.4% | Reduced |
| Arthedge Capital Management, LLC | 188,000 | $14.6M | 10.83% | 00.0% | Unchanged |
| J. Goldman & Co LP | 188,675 | $14.7M | 0.82% | −138,455−42.3% | Reduced |
| Wade G W & Inc | 188,935 | $14.7M | 0.48% | −30,175−13.8% | Reduced |
| Titleist Asset Management, LLC | 191,019 | $14.9M | 2.76% | −626−0.3% | Reduced |
| Robeco Institutional Asset Management B.V. | 195,000 | $15.2M | 0.04% | −5,000−2.5% | Reduced |
| BNP Paribas Arbitrage, SA | 200,166 | $15.6M | 0.03% | −40,152−16.7% | Reduced |
| AE Wealth Management LLC | 193,097 | $15.7M | 0.08% | −19,983−9.4% | Reduced |
| Renaissance Technologies LLC | 217,100 | $17.0M | 0.03% | +13,100+6.4% | Added |
| Capital International Ltd | 222,674 | $17.3M | 0.89% | +31,917+16.7% | Added |
| Rockefeller Capital Management L.P. | 224,775 | $17.5M | 0.06% | +12,557+5.9% | Added |
| Gavilan Investment Partners LLC | 227,000 | $17.7M | 6.57% | −32,000−12.4% | Reduced |
| Forsta Ap-Fonden | 228,500 | $17.9M | 0.18% | −2,800−1.2% | Reduced |
| Cobblestone Capital Advisors LLC | 229,589 | $17.9M | 1.18% | −51,575−18.3% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 231,200 | $18.0M | 0.32% | +231,200 | New |
| Mariner, LLC | 234,584 | $18.3M | 0.04% | −7,948−3.3% | Reduced |
| Two Sigma Advisers, LP | 236,250 | $18.4M | 0.04% | +145,200+159.5% | Added |
| Creative Planning | 239,253 | $18.6M | 0.03% | −55,865−18.9% | Reduced |
| Balyasny Asset Management LLC | 240,592 | $18.7M | 0.05% | +240,592 | New |
| Equitable Trust Co | 243,272 | $19.0M | 1.42% | −7,117−2.8% | Reduced |
| Parallax Volatility Advisers, L.P. | 247,990 | $19.3M | 0.53% | +122,782+98.1% | Added |
| Cambridge Investment Research Advisors, Inc. | 252,792 | $19.7M | 0.08% | −8,221−3.1% | Reduced |
| Public Sector Pension Investment Board | 253,843 | $19.9M | 0.15% | −57,655−18.5% | Reduced |
| BIT Capital GmbH | 256,191 | $20.0M | 2.16% | −50,498−16.5% | Reduced |
| TD Waterhouse Canada Inc. | 216,746 | $20.0M | 0.19% | −7,744−3.4% | Reduced |
| Focus Financial Network Inc | 258,484 | $20.1M | 0.76% | +258,484 | New |
| Allspring Global Investments Holdings, LLC | 259,686 | $20.2M | 0.03% | +73,160+39.2% | Added |
| Greenlea Lane Capital Management, LLC | 261,490 | $20.4M | 6.31% | −1,390−0.5% | Reduced |
| Capital International Sarl | 263,403 | $20.5M | 0.77% | +55,813+26.9% | Added |
| Allianz Asset Management GmbH | 269,433 | $21.1M | 0.04% | −64,582−19.3% | Reduced |
| Capital Group Private Client Services, Inc. | 272,396 | $21.2M | 0.22% | −5,441−2.0% | Reduced |
| La Financiere de L'Echiquier | 277,100 | $21.6M | 1.00% | −3,900−1.4% | Reduced |
| Northwest & Ethical Investments L.P. | 286,284 | $22.3M | 0.69% | −16,042−5.3% | Reduced |
| Federation des caisses Desjardins du Quebec | 278,643 | $22.9M | 0.21% | +4,544+1.7% | Added |
| Marsico Capital Management LLC | 303,974 | $23.7M | 0.93% | +141,021+86.5% | Added |
| Cornerstone Capital, Inc. | 307,880 | $24.0M | 2.63% | +17,647+6.1% | Added |
| Susquehanna International Group, LLP | 321,295 | $25.0M | 0.04% | +265,641+477.3% | Added |
| Huntington National Bank | 327,419 | $25.5M | 0.23% | −17,580−5.1% | Reduced |
| Nepsis, Inc. | 332,714 | $25.9M | 7.38% | −12,109−3.5% | Reduced |
| Stifel Financial Corp | 341,529 | $26.6M | 0.03% | +40,848+13.6% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 344,021 | $26.8M | 0.07% | +107,963+45.7% | Added |
| Long Walk Management LP | 352,000 | $27.4M | 17.76% | +64,500+22.4% | Added |
| Royal London Asset Management Ltd | 359,305 | $28.0M | 0.08% | +10,306+3.0% | Added |
| Cubist Systematic Strategies, LLC | 363,099 | $28.3M | 0.35% | +210,861+138.5% | Added |
| Hillsdale Investment Management Inc. | 366,728 | $28.6M | 2.33% | −11,900−3.1% | Reduced |
| State Street Corp | 368,182 | $28.7M | 0.00% | −55,020−13.0% | Reduced |
| Intact Investment Management Inc. | 370,005 | $28.8M | 1.17% | −209,730−36.2% | Reduced |
| Ci Investments Inc. | 370,120 | $28.8M | 0.15% | +393+0.1% | Added |
| Blair William & Co | 370,379 | $28.9M | 0.10% | −1,036−0.3% | Reduced |
| Thornburg Investment Management Inc | 377,541 | $29.4M | 0.42% | +205,667+119.7% | Added |
| Commonwealth Equity Services, LLC | 378,985 | $29.5M | 0.05% | −5,183−1.3% | Reduced |
| Aquatic Capital Management LLC | 385,400 | $30.0M | 0.77% | +42,900+12.5% | Added |
| Advisors Asset Management, Inc. | 399,003 | $31.1M | 0.63% | −13,012−3.2% | Reduced |
| Investment Management Corp of Ontario | 400,490 | $31.2M | 0.76% | +104,920+35.5% | Added |
| Raymond James Financial Services Advisors, Inc. | 401,382 | $31.3M | 0.05% | +8,006+2.0% | Added |
| Privium Fund Management B.V. | 415,000 | $31.4M | 8.74% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 412,878 | $32.2M | 0.12% | +23,341+6.0% | Added |
| Atalanta Sosnoff Capital, LLC | 413,957 | $32.2M | 0.83% | +24,271+6.2% | Added |
| Teachers Retirement System of the State of Kentucky | 423,030 | $33.0M | 0.31% | −71,852−14.5% | Reduced |
| Alliancebernstein L.P. | 446,669 | $34.8M | 0.01% | −104,127−18.9% | Reduced |
| Scotia Capital Inc. | 460,797 | $35.8M | 0.23% | −10,698−2.3% | Reduced |
| Fred Alger Management, LLC | 460,272 | $35.9M | 0.19% | +235,230+104.5% | Added |
| Dimensional Fund Advisors LP | 469,529 | $36.6M | 0.01% | +41,205+9.6% | Added |
| Capital International Inc | 473,661 | $36.9M | 0.58% | +48,777+11.5% | Added |
| Citigroup Inc | 477,460 | $37.4M | 0.05% | −23,272−4.6% | Reduced |
| DekaBank Deutsche Girozentrale | 482,118 | $38.1M | 0.08% | −33,697−6.5% | Reduced |
| Thrivent Financial for Lutherans | 497,270 | $38.7M | 0.08% | +220,697+79.8% | Added |
| Qube Research & Technologies Ltd | 498,417 | $38.8M | 0.09% | −1,811,028−78.4% | Reduced |
| Advisor Group Holdings, Inc. | 499,017 | $38.9M | 0.07% | −95,770−16.1% | Reduced |
| American Century Companies Inc | 499,675 | $38.9M | 0.03% | +450,579+917.8% | Added |
| NZS Capital, LLC | 509,500 | $39.7M | 2.09% | +74,872+17.2% | Added |
| Himension Fund | 509,673 | $39.7M | 3.61% | −60,813−10.7% | Reduced |
| Truist Financial Corp | 511,607 | $39.9M | 0.06% | −21,139−4.0% | Reduced |
| Neuberger Berman Group LLC | 514,303 | $40.1M | 0.03% | −2,326,278−81.9% | Reduced |
| Brown Capital Management LLC | 516,420 | $40.2M | 0.60% | −76,585−12.9% | Reduced |
| Capital Fund Management S.A. | 524,298 | $40.8M | 0.52% | +370,937+241.9% | Added |
| Axiom Investors LLC | 527,787 | $41.1M | 0.40% | +524,897+18,162.5% | Added |
| Marcho Partners LLP | 530,028 | $41.3M | 14.14% | −57,170−9.7% | Reduced |
| Steadview Capital Management LLC | 535,904 | $41.7M | 14.31% | 00.0% | Unchanged |
| Mn Services Vermogensbeheer B.V. | 568,540 | $44.5M | 0.40% | −18,300−3.1% | Reduced |
| HSBC Holdings PLC | 573,217 | $44.7M | 0.04% | +63,262+12.4% | Added |
| Fisher Asset Management, LLC | 589,163 | $45.9M | 0.02% | +1,618+0.3% | Added |
| Northern Trust Corp | 606,341 | $47.2M | 0.01% | +67,876+12.6% | Added |
| Durable Capital Partners LP | 625,143 | $48.7M | 0.38% | +625,143 | New |