Shopify Inc.

SHOP

Exchange: Nasdaq
Industry: Services-Prepackaged Software
SEC CIK: 0001594805

SEC filings (opens in a new tab)

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, Q1 2025

Institutional positions in Shopify Inc. as of Mar 31, 2025. 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: 1,480; +10 vs. Q4 2024
Shares held: 848.1M; +22.0M (+2.7%) vs. Q4 2024
Total value: $80.9B; −$7.02B (−8.0%) vs. Q4 2024
New holders: 162; 540 more added
Sold out: 152; 543 more reduced

20 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 1,480 institutions

Value heldQ1 2025: $80.9B

Institutions holding SHOP and their total value by quarter
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, Q1 2025

Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q4 2024.

Institutions holding SHOP in Q1 2025
Institution	Shares	Value	% of portfolio	Change in shares	Action
Rakuten Securities, Inc.	1	$95	0.00%	00.0%	Unchanged
Perkins Coie Trust Co	1	$95	0.00%	+1	New
Greykasell Wealth Strategies, Inc.	1	$95	0.00%	+1	New
Albion Financial Group	3	$287	0.00%	00.0%	Unchanged
TD Capital Management LLC	4	$382	0.00%	00.0%	Unchanged
High Note Wealth, LLC	4	$382	0.00%	00.0%	Unchanged
PayPay Securities Corp	6	$577	0.03%	00.0%	Unchanged
Blume Capital Management, Inc.	8	$764	0.00%	00.0%	Unchanged
Mowery & Schoenfeld Wealth Management, LLC	8	$767	0.00%	+8	New
Caitong International Asset Management Co., Ltd	9	$859	0.00%	−4,468−99.8%	Reduced
Gordian Capital Singapore Pte Ltd	10	$955	0.00%	00.0%	Unchanged
Optiver Holding B.V.	10	$955	0.00%	+10	New
Cheviot Value Management, LLC	10	$984	0.00%	+10	New
New England Capital Financial Advisors LLC	11	$1.05K	0.00%	00.0%	Unchanged
Darwin Advisors, LLC	10	$1.06K	0.00%	00.0%	Unchanged
Oakworth Capital, Inc.	13	$1.24K	0.00%	+13	New
Bare Financial Services, Inc	15	$1.43K	0.00%	+15	New
Salomon & Ludwin, LLC	16	$1.53K	0.00%	00.0%	Unchanged
Aspect Partners, LLC	17	$1.62K	0.00%	+17	New
True Wealth Design, LLC	17	$1.62K	0.00%	−1−5.6%	Reduced
Mascoma Wealth Management LLC	18	$1.72K	0.00%	00.0%	Unchanged
Pacific Center for Financial Services	18	$1.72K	0.00%	00.0%	Unchanged
Private Wealth Asset Management, LLC	18	$1.72K	0.00%	+18	New
Kiker Wealth Management, LLC	18	$1.72K	0.00%	+18	New
Winch Advisory Services, LLC	19	$1.81K	0.00%	+19	New
Richardson Financial Services Inc.	19	$1.81K	0.00%	00.0%	Unchanged
Principia Wealth Advisory, LLC	20	$1.83K	0.00%	00.0%	Unchanged
American Capital Advisory, LLC	20	$1.91K	0.00%	−20−50.0%	Reduced
Duncker Streett & Co Inc	20	$1.91K	0.00%	00.0%	Unchanged
Gen-Wealth Partners Inc	20	$1.91K	0.00%	00.0%	Unchanged
Raffa Wealth Management, LLC	24	$2.29K	0.00%	−4−14.3%	Reduced
Motco	25	$2.39K	0.00%	−66−72.5%	Reduced
Retirement Wealth Solutions LLC	25	$2.39K	0.00%	−10−28.6%	Reduced
ESL Trust Services, LLC	25	$2.39K	0.00%	00.0%	Unchanged
New Millennium Group LLC	30	$2.86K	0.00%	00.0%	Unchanged
Prestige Wealth Management Group LLC	30	$2.87K	0.00%	00.0%	Unchanged
Roble, Belko & Company, Inc	30	$3.00K	0.00%	00.0%	Unchanged
Granite FO LLC	33	$3.15K	0.00%	00.0%	Unchanged
Pandora Wealth, Inc.	35	$3.34K	0.00%	+35	New
Kestra Investment Management, LLC	35	$3.34K	0.00%	−568−94.2%	Reduced
Millstone Evans Group, LLC	36	$3.48K	0.00%	+36	New
Trust Co	39	$3.72K	0.00%	00.0%	Unchanged
Caldwell Sutter Capital, Inc.	40	$3.82K	0.00%	00.0%	Unchanged
NBT Bank N A	40	$3.82K	0.00%	00.0%	Unchanged
Thompson Investment Management, Inc.	40	$3.82K	0.00%	00.0%	Unchanged
Vision Financial Markets LLC	40	$3.82K	0.00%	+40	New
Hopwood Financial Services, Inc.	40	$3.82K	0.00%	−15−27.3%	Reduced
Atwood & Palmer Inc	40	$3.82K	0.00%	00.0%	Unchanged
Valley National Advisers Inc	50	$4.00K	0.00%	+3+6.4%	Added
TCTC Holdings, LLC	42	$4.01K	0.00%	+42	New
Bruce G. Allen Investments, LLC	44	$4.20K	0.00%	−1−2.2%	Reduced
NewSquare Capital LLC	47	$4.49K	0.00%	+21+80.8%	Added
Binnacle Investments Inc	47	$4.49K	0.00%	+47	New
Abound Financial, LLC	50	$4.77K	0.00%	+50	New
Tower View Investment Management & Research LLC	50	$4.77K	0.00%	00.0%	Unchanged
Missouri Trust & Investment Co	50	$4.77K	0.00%	00.0%	Unchanged
Bear Mountain Capital, Inc.	50	$4.95K	0.00%	00.0%	Unchanged
Cordant, Inc.	55	$5.25K	0.00%	+55	New
Semmax Financial Advisors Inc.	62	$5.69K	0.00%	00.0%	Unchanged
Fairscale Capital, LLC	60	$5.73K	0.01%	00.0%	Unchanged
MJT & Associates Financial Advisory Group, Inc.	63	$6.02K	0.01%	+63	New
Cranbrook Wealth Management, LLC	66	$6.30K	0.00%	00.0%	Unchanged
Roxbury Financial LLC	59	$6.61K	0.01%	00.0%	Unchanged
Fortis Group Advisors, LLC	70	$6.68K	0.00%	00.0%	Unchanged
Marshall & Sterling Wealth Advisors Inc.	70	$6.68K	0.00%	+20+40.0%	Added
Center for Financial Planning, Inc.	70	$6.77K	0.00%	+65+1,300.0%	Added
Washington Trust Co	72	$6.88K	0.00%	−4−5.3%	Reduced
Covestor Ltd	68	$7.00K	0.00%	−66−49.3%	Reduced
Country Trust Bank	78	$7.45K	0.00%	+78	New
C M Bidwell & Associates Ltd	80	$7.64K	0.00%	00.0%	Unchanged
Centricity Wealth Management, LLC	80	$7.64K	0.01%	00.0%	Unchanged
Ameritas Investment Partners, Inc.	80	$7.64K	0.00%	+80	New
Fortitude Family Office, LLC	82	$7.83K	0.00%	00.0%	Unchanged
Heritage Wealth Advisors	85	$8.12K	0.00%	00.0%	Unchanged
Vermillion & White Wealth Management Group, LLC	85	$8.12K	0.01%	00.0%	Unchanged
Carolina Wealth Advisors, LLC	89	$8.50K	0.00%	00.0%	Unchanged
Cornerstone Planning Group LLC	95	$8.64K	0.00%	+7+8.0%	Added
Global Wealth Strategies & Associates	93	$8.88K	0.00%	+13+16.3%	Added
CarsonAllaria Wealth Management, Ltd.	95	$9.07K	0.01%	00.0%	Unchanged
Legacy Bridge, LLC	98	$9.36K	0.01%	00.0%	Unchanged
Ameriflex Group, Inc.	100	$9.55K	0.00%	00.0%	Unchanged
Hager Investment Management Services, LLC	100	$9.55K	0.01%	00.0%	Unchanged
Dogwood Wealth Management LLC	100	$9.55K	0.01%	+5+5.3%	Added
Armstrong Advisory Group, Inc	90	$9.57K	0.00%	00.0%	Unchanged
Sound Income Strategies, LLC	108	$10.3K	0.00%	00.0%	Unchanged
Hurley Capital, LLC	110	$10.5K	0.01%	00.0%	Unchanged
Red Tortoise LLC	110	$10.5K	0.01%	+110	New
Curio Wealth, LLC	1	$10.6K	0.01%	+1	New
Stuart Chaussee & Associates, Inc.	120	$11.5K	0.00%	00.0%	Unchanged
Olistico Wealth, LLC	120	$11.5K	0.01%	00.0%	Unchanged
Edmond de Rothschild Holding S.A.	121	$11.6K	0.00%	00.0%	Unchanged
Glen Eagle Advisors, LLC	122	$11.6K	0.00%	00.0%	Unchanged
Gould Capital, LLC	125	$11.9K	0.01%	00.0%	Unchanged
Capital Analysts, LLC	123	$12.0K	0.00%	00.0%	Unchanged
Hartford Financial Management Inc.	136	$13.0K	0.00%	00.0%	Unchanged
Rocky Mountain Advisers, LLC	140	$13.4K	0.00%	00.0%	Unchanged
Tradewinds Capital Management, LLC	140	$13.4K	0.00%	00.0%	Unchanged
Inlight Wealth Management, LLC	145	$13.8K	0.01%	+145	New
Twin Lakes Capital Management, LLC	150	$14.3K	0.01%	00.0%	Unchanged
Dunhill Financial, LLC	150	$14.3K	0.01%	+70+87.5%	Added