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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, 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.

Institutional holdersQ4 2023: 1,214 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 heldQ4 2023: $63.1B
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, Q4 2023

Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q3 2023.

Institutions holding SHOP in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
APG Asset Management US Inc.183,124$14.3M0.09%+183,124New
Gluskin Sheff & Assoc Inc183,663$14.3M1.41%−254,868−58.1%Reduced
Skandinaviska Enskilda Banken AB (publ)179,826$14.0M0.08%+30,353+20.3%Added
USS Investment Management Ltd175,364$13.6M0.12%−11,174−6.0%Reduced
HighTower Advisors, LLC171,125$13.3M0.02%+36,895+27.5%Added
AXA S.A.168,508$13.1M0.04%−47,897−22.1%Reduced
Vestmark Advisory Solutions, Inc.166,626$13.0M0.66%+159,579+2,264.5%Added
Two Sigma Investments, LP164,130$12.8M0.03%−176,072−51.8%Reduced
State of Michigan Retirement System160,000$12.5M0.07%00.0%Unchanged
Tredje AP-fonden160,000$12.5M0.16%+160,000New
Wolverine Trading, LLC158,818$12.4M0.09%+27,148+20.6%Added
Liontrust Investment Partners LLP157,283$12.3M0.18%−31,471−16.7%Reduced
WCM Investment Management, LLC152,650$12.1M0.03%00.0%Unchanged
Northwestern Mutual Wealth Management Co154,042$12.0M0.01%+2,094+1.4%Added
Cetera Advisor Networks LLC153,038$11.9M0.07%−3,501−2.2%Reduced
Putnam Investments LLC151,749$11.8M0.02%+3,598+2.4%Added
Prudential PLC150,379$11.7M0.12%+53,384+55.0%Added
Granite Investment Partners, LLC147,394$11.5M0.45%+35,399+31.6%Added
Berkshire Capital Holdings Inc141,340$11.0M4.97%−30,270−17.6%Reduced
Henry James International Management, Inc.140,495$10.9M4.11%−19,656−12.3%Reduced
O'Shaughnessy Asset Management, LLC139,978$10.9M0.14%+31,097+28.6%Added
Utah Retirement Systems136,437$10.7M0.14%+2,200+1.6%Added
Alpha Cubed Investments, LLC136,672$10.6M0.60%+10,278+8.1%Added
MML Investors Services, LLC136,106$10.6M0.05%−2,090−1.5%Reduced
Vista Equity Partners Management, LLC136,021$10.6M0.26%−100,157−42.4%Reduced
Candriam Luxembourg S.C.A.134,874$10.6M0.07%+110,030+442.9%Added
Stony Point Capital LLC134,107$10.4M3.45%−107,936−44.6%Reduced
Principal Financial Group Inc131,540$10.3M0.01%−97,637−42.6%Reduced
FORA Capital, LLC131,684$10.3M0.88%+131,684New
Point72 Asset Management, L.P.131,079$10.2M0.03%−373,985−74.0%Reduced
Tocqueville Asset Management L.P.130,649$10.2M0.18%+3,240+2.5%Added
Janus Henderson Group PLC128,564$10.1M0.01%00.0%Unchanged
Lyell Wealth Management, LP126,955$9.89M1.12%+1,950+1.6%Added
Contravisory Investment Management, Inc.125,258$9.76M2.39%−893−0.7%Reduced
Polar Asset Management Partners Inc.124,600$9.71M0.26%+124,600New
Carnegie Capital Asset Management, LLC124,145$9.67M0.33%−17,242−12.2%Reduced
AIA Group Ltd121,988$9.50M0.39%+16,163+15.3%Added
Texas Yale Capital Corp.118,862$9.26M0.44%+520.0%Added
Apollon Wealth Management, LLC115,225$8.98M0.31%+7,002+6.5%Added
Thoroughbred Financial Services, LLC113,312$8.83M0.71%+5,001+4.6%Added
Guardian Capital LP109,932$8.60M0.31%−97,131−46.9%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys109,485$8.53M0.06%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC106,530$8.30M0.02%+2,832+2.7%Added
Covenant Asset Management, LLC105,941$8.25M2.30%−2,058−1.9%Reduced
Louisbourg Investments Inc.105,451$8.25M2.49%+105,451New
Cresset Asset Management, LLC104,481$8.14M0.05%+1,460+1.4%Added
Markel Group Inc.SuperinvestorMarkel Group102,750$8.00M0.09%00.0%Unchanged
EULAV Asset Management102,000$7.95M0.25%−7,000−6.4%Reduced
Janney Montgomery Scott LLC101,395$7.90M0.03%+6,713+7.1%Added
Varma Mutual Pension Insurance Co99,100$7.75M0.09%+99,100New
TCW Group Inc99,302$7.74M0.09%+7,815+8.5%Added
Yarbrough Capital, LLC97,480$7.59M0.40%00.0%Unchanged
Banco Bilbao Vizcaya Argentaria, S.A.95,372$7.40M0.09%+80,558+543.8%Added
Baird Financial Group, Inc.93,715$7.30M0.02%−1,206−1.3%Reduced
Welch & Forbes LLC91,673$7.14M0.11%+42,581+86.7%Added
DF Dent & Co Inc91,585$7.13M0.09%−4,146−4.3%Reduced
Ossiam90,103$7.05M0.11%+25,206+38.8%Added
SG Americas Securities, LLC88,954$6.93M0.08%−71,542−44.6%Reduced
The PNC Financial Services Group, Inc.88,272$6.88M0.01%−1,631−1.8%Reduced
Leonteq Securities AG85,750$6.83M0.88%−63,559−42.6%Reduced
Employees Retirement System of Texas87,338$6.80M0.08%+87,338New
Napean Trading & Investment Co (Singapore) PTE Ltd86,961$6.77M1.83%+86,961New
MMBG Investment Advisors Co.84,725$6.60M0.78%−5,425−6.0%Reduced
Vontobel Holding Ltd.83,960$6.54M0.05%−2,447−2.8%Reduced
NorthCrest Asset Manangement, LLC83,077$6.47M0.24%−15,188−15.5%Reduced
CI Private Wealth, LLC82,347$6.41M0.01%+4,731+6.1%Added
Meridian Wealth Management, LLC81,295$6.33M0.40%+1,164+1.5%Added
Banco Santander, S.A.79,917$6.23M0.07%−11,573−12.6%Reduced
Baltimore-Washington Financial Advisors, Inc.77,297$6.02M0.42%+35,839+86.4%Added
PCJ Investment Counsel Ltd.77,150$6.01M2.32%−11,450−12.9%Reduced
Ambassador Advisors, LLC73,564$5.99M1.33%−20,374−21.7%Reduced
Gratus Capital LLC76,556$5.96M0.34%+76,556New
Two Sigma Securities, LLC75,425$5.88M0.27%+75,425New
Achmea Investment Management B.V.74,521$5.83M0.12%00.0%Unchanged
Atria Wealth Solutions, Inc.73,440$5.72M0.07%−2,321−3.1%Reduced
Gifford Fong Associates70,000$5.45M1.16%00.0%Unchanged
Advisory Services Network, LLC69,801$5.44M0.13%−6,409−8.4%Reduced
Atria Investments LLC69,404$5.41M0.08%+1,388+2.0%Added
Crossmark Global Holdings, Inc.69,305$5.40M0.11%+2,421+3.6%Added
Sierra Summit Advisors LLC68,727$5.35M1.56%+68,727New
Bellecapital International Ltd.51,571$5.32M1.21%+1,374+2.7%Added
Verition Fund Management LLC68,254$5.32M0.05%−4,635−6.4%Reduced
US Bancorp68,229$5.32M0.01%+5,985+9.6%Added
Barometer Capital Management Inc.51,520$5.31M1.51%+51,520New
Bogart Wealth, LLC66,267$5.16M0.29%+5,086+8.3%Added
Van Eck Associates Corp65,951$5.14M0.01%−10,221−13.4%Reduced
Cetera Advisors LLC65,555$5.11M0.07%−29,218−30.8%Reduced
Jaffetilchin Investment Partners, LLC65,502$5.10M0.50%−1,346−2.0%Reduced
Hantz Financial Services, Inc.65,380$5.09M0.11%−1,456−2.2%Reduced
Westerly Capital Management, LLC65,000$5.06M3.06%+25,000+62.5%Added
TownSquare Capital, LLC64,974$5.06M0.09%−17,846−21.5%Reduced
Sandler Capital Management64,715$5.04M0.65%−92,585−58.9%Reduced
Financial Counselors Inc62,928$4.90M0.09%+10,655+20.4%Added
Synergy Financial Group, LTD62,027$4.83M5.92%−1,916−3.0%Reduced
Gateway Investment Advisers LLC60,682$4.73M0.06%+12,445+25.8%Added
D.A. Davidson & Co.60,078$4.68M0.05%−1,406−2.3%Reduced
Kestra Advisory Services, LLC59,102$4.60M0.04%+6,979+13.4%Added
Symmetry Investments LP57,584$4.49M0.82%+57,584New
National Asset Management, Inc.57,278$4.46M0.12%+4,503+8.5%Added
Erste Asset Management GmbH55,000$4.36M0.06%+20,000+57.1%Added