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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 2024

Institutional positions in Shopify Inc. as of Dec 31, 2024. 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
1,490
+253 vs. Q3 2024
Shares held
833.2M
+4.28M (+0.5%) vs. Q3 2024
Total value
$88.7B
+$22.2B (+33.5%) vs. Q3 2024
New holders
321
429 more added
Sold out
68
529 more reduced

25 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 1,490 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 2024: $88.7B
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 2024

Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q3 2024.

Institutions holding SHOP in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Baillie Gifford & Co59,776,512$6.36B4.88%−3,589,796−5.7%Reduced
Capital World Investors53,102,707$5.65B0.86%+496,982+0.9%Added
Vanguard Group Inc47,080,112$5.01B0.09%+781,162+1.7%Added
FMR LLC43,732,077$4.65B0.28%+1,426,000+3.4%Added
Price T Rowe Associates Inc41,901,348$4.46B0.51%−5,867,693−12.3%Reduced
Capital International Investors36,516,305$3.88B0.73%+968,026+2.7%Added
Morgan Stanley29,584,753$3.15B0.22%−11,751,403−28.4%Reduced
Capital Research Global Investors23,750,466$2.53B0.52%−10,851,585−31.4%Reduced
JPMorgan Chase & Co23,513,193$2.50B0.20%+5,564,430+31.0%Added
Royal Bank of Canada20,127,908$2.14B0.46%+530,716+2.7%Added
Polen Capital Management LLC17,079,480$1.82B4.91%−1,888,358−10.0%Reduced
Arrowstreet Capital, Limited Partnership16,487,579$1.75B1.40%+7,316,862+79.8%Added
FIL Ltd15,774,148$1.68B1.57%+1,682,326+11.9%Added
Loomis Sayles & Co L P14,612,866$1.55B1.96%−470,344−3.1%Reduced
Norges Bank14,504,856$1.54B0.20%+185,246+1.3%Added
Sands Capital Management, LLC13,778,939$1.47B4.34%−1,392,858−9.2%Reduced
Bank of Montreal11,305,521$1.20B0.60%+943,979+9.1%Added
Franklin Resources Inc11,092,913$1.18B0.33%−758,185−6.4%Reduced
Bank of America Corp9,393,611$998.8M0.09%+1,230,894+15.1%Added
TD Asset Management Inc9,044,000$962.0M0.85%+19,213+0.2%Added
National Bank of Canada8,701,656$927.3M1.20%+1,292,776+17.4%Added
CIBC World Markets Inc.8,143,882$865.9M1.99%−318,991−3.8%Reduced
Artisan Partners Limited Partnership7,332,465$779.7M1.20%−2,443,006−25.0%Reduced
Mackenzie Financial Corp7,222,328$767.9M1.05%−183,522−2.5%Reduced
Manufacturers Life Insurance Company, The7,168,363$763.5M0.66%−1,043,148−12.7%Reduced
Connor, Clark & Lunn Investment Management Ltd.7,095,382$754.2M3.41%+1,647,374+30.2%Added
Geode Capital Management, LLC7,015,582$748.8M0.06%+1,627,776+30.2%Added
Nuveen Asset Management, LLC6,991,989$743.7M0.21%−574,937−7.6%Reduced
Newlands Management Operations LLC6,325,050$672.5M4.23%00.0%Unchanged
Legal & General Group Plc5,909,188$628.6M0.17%−411,577−6.5%Reduced
Clearbridge Investments, LLC5,828,705$619.8M0.50%−96,986−1.6%Reduced
BlackRock, Inc.5,782,070$614.8M0.01%+1,695,926+41.5%Added
Wellington Management Group LLP5,157,137$548.4M0.10%+430,067+9.1%Added
Sumitomo Mitsui Trust Holdings, Inc.5,055,512$537.6M0.36%−851,680−14.4%Reduced
Nikko Asset Management Americas, Inc.5,025,263$534.3M5.79%−851,729−14.5%Reduced
CIBC Asset Management Inc4,680,449$498.0M1.63%−96,499−2.0%Reduced
Massachusetts Financial Services Co4,669,564$496.5M0.16%+821,421+21.3%Added
ARK Investment Management LLCSuperinvestorARK Invest4,505,024$479.0M3.99%−165,880−3.6%Reduced
Alliancebernstein L.P.4,459,580$474.2M0.16%+3,849,796+631.3%Added
Canada Pension Plan Investment Board4,420,836$469.9M0.45%+423,000+10.6%Added
Janus Henderson Group PLC4,169,244$443.3M0.23%−48,355−1.1%Reduced
Jarislowsky, Fraser Ltd4,116,015$436.2M2.55%−1,833,209−30.8%Reduced
Durable Capital Partners LP3,950,348$420.0M3.43%+1,836,294+86.9%Added
Bank of Nova Scotia3,771,550$401.3M0.70%−2,017,540−34.9%Reduced
Scge Management, L.P.3,682,000$391.5M7.24%+2,144,000+139.4%Added
Bank of New York Mellon Corp3,672,303$390.5M0.07%−403,712−9.9%Reduced
Goldman Sachs Group Inc3,556,342$378.1M0.07%+106,545+3.1%Added
Select Equity Group, L.P.3,555,487$378.1M1.54%+723,369+25.5%Added
Swiss National Bank3,519,800$374.4M0.25%−138,000−3.8%Reduced
Ameriprise Financial Inc2,869,509$306.6M0.08%−785,831−21.5%Reduced
Wells Fargo & Company2,722,932$289.5M0.07%−6,166−0.2%Reduced
Toronto Dominion Bank2,687,238$285.6M0.55%+578,384+27.4%Added
British Columbia Investment Management Corp2,649,301$281.6M1.68%−139,461−5.0%Reduced
Zevenbergen Capital Investments LLC2,621,862$278.8M5.68%−174,304−6.2%Reduced
Bamco Inc2,581,257$274.5M0.71%−139,224−5.1%Reduced
Coatue Management LLCSuperinvestorCoatue Management2,547,675$270.9M0.91%00.0%Unchanged
SEI Investments Co2,513,567$267.3M0.34%−508,207−16.8%Reduced
Polar Capital Holdings Plc2,512,288$267.1M1.50%+640,401+34.2%Added
Charles Schwab Investment Management Inc2,493,086$265.2M0.05%+76,650+3.2%Added
Winslow Capital Management, LLC2,493,144$265.1M0.94%−1,375,729−35.6%Reduced
UBS Asset Management Americas Inc2,230,220$237.1M0.06%−144,774−6.1%Reduced
Ashe Capital Management, LP2,185,712$232.4M19.12%−616,483−22.0%Reduced
Pictet Asset Management Holding SA2,170,866$230.9M0.25%+56,296+2.7%Added
William Blair Investment Management, LLC2,150,751$228.7M0.56%+347,230+19.3%Added
Raymond James Financial Inc2,143,837$228.0M0.08%+2,143,837New
Envestnet Asset Management Inc2,063,433$219.4M0.07%−21,024−1.0%Reduced
Alberta Investment Management Corp2,039,645$217.0M1.45%+299,510+17.2%Added
Amundi1,949,669$209.9M0.07%−259,417−11.7%Reduced
Mirova US LLC1,971,701$209.7M2.51%−57,162−2.8%Reduced
Deutsche Bank AG1,928,870$205.1M0.08%+33,094+1.7%Added
1832 Asset Management L.P.1,924,519$204.6M0.37%−386,767−16.7%Reduced
Barton Investment Management1,872,997$199.2M21.12%−22,140−1.2%Reduced
Marshall Wace, LLP1,870,891$198.9M0.25%+1,870,891New
ICONIQ Capital, LLC1,857,938$197.6M3.07%−7,747−0.4%Reduced
MUFG Securities (Canada), Ltd.1,852,031$197.0M7.11%+777,696+72.4%Added
Strategy Capital LLC1,835,191$195.1M15.88%−66,680−3.5%Reduced
UBS Group AG1,826,422$194.2M0.04%+8570.0%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,768,136$188.0M0.20%−1,017,756−36.5%Reduced
Northern Trust Corp1,673,035$177.9M0.03%+261,256+18.5%Added
Lord, Abbett & Co. LLC1,651,222$175.6M0.56%+529,475+47.2%Added
Caisse de Depot Et Placement du Quebec1,606,525$170.9M0.36%+46,604+3.0%Added
Agf Management Ltd1,592,154$169.5M0.84%+39,429+2.5%Added
Renaissance Technologies LLC1,568,800$166.8M0.25%+1,568,800New
Natixis Advisors, L.P.1,563,407$166.2M0.31%+180,518+13.1%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,558,375$165.7M0.41%−777,658−33.3%Reduced
Federation des caisses Desjardins du Quebec1,558,737$165.1M0.84%+27,752+1.8%Added
Invesco Ltd.1,525,327$162.2M0.03%+627,914+70.0%Added
Gilder Gagnon Howe & Co LLC1,503,681$159.9M1.72%−85,089−5.4%Reduced
Federated Hermes, Inc.1,498,838$159.4M0.35%−52,716−3.4%Reduced
American Century Companies Inc1,463,559$155.7M0.09%+16,619+1.1%Added
Russell Investments Group, Ltd.1,438,704$153.0M0.21%+26,240+1.9%Added
Addenda Capital Inc.869,869$133.1M4.70%−33,258−3.7%Reduced
Public Investment Fund1,250,000$132.9M0.69%00.0%Unchanged
Jennison Associates LLC1,244,455$132.3M0.08%+1,244,455New
TCW Group Inc1,239,879$131.8M1.11%−68,866−5.3%Reduced
D. E. Shaw & Co., Inc.1,203,975$128.0M0.14%+755,150+168.3%Added
Voloridge Investment Management, LLC1,178,724$125.3M0.44%+1,178,724New
Qube Research & Technologies Ltd1,156,565$123.0M0.20%+1,156,565New
Millennium Management LLC1,133,780$120.6M0.10%+1,126,009+14,489.9%Added
Scotia Capital Inc.1,117,479$118.6M0.62%+42,253+3.9%Added