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, 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.
| 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.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Principal Financial Group Inc | 243,316 | $23.2M | 0.01% | +203,916+517.6% | Added |
| Cookson Peirce & Co Inc | 245,248 | $23.4M | 1.18% | +245,248 | New |
| Equitable Trust Co | 246,622 | $23.5M | 1.30% | −3,226−1.3% | Reduced |
| Marcho Partners LLP | 251,247 | $24.0M | 9.56% | −22,709−8.3% | Reduced |
| Cetera Investment Advisers | 254,395 | $24.3M | 0.05% | −4,391−1.7% | Reduced |
| One Madison Group LLC | 256,674 | $24.5M | 3.20% | +131,674+105.3% | Added |
| Investment Management Corp of Ontario | 266,420 | $25.4M | 0.52% | −76,470−22.3% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 269,844 | $25.7M | 0.16% | −5,926−2.1% | Reduced |
| Castleark Management LLC | 277,916 | $26.5M | 0.92% | +6,646+2.4% | Added |
| Cornerstone Capital, Inc. | 280,363 | $26.8M | 2.88% | −52,252−15.7% | Reduced |
| Colony Group, LLC | 288,722 | $27.6M | 0.07% | +19,658+7.3% | Added |
| Huntington National Bank | 291,720 | $27.9M | 0.20% | −19,261−6.2% | Reduced |
| Mariner, LLC | 298,632 | $28.5M | 0.05% | +14,307+5.0% | Added |
| STRS Ohio | 320,763 | $30.6M | 0.13% | +158,902+98.2% | Added |
| Hantz Financial Services, Inc. | 323,275 | $30.9M | 0.54% | −15,378−4.5% | Reduced |
| Intact Investment Management Inc. | 327,284 | $31.1M | 1.07% | +54,160+19.8% | Added |
| Kames Capital plc | 328,093 | $31.2M | 0.45% | −16,229−4.7% | Reduced |
| Ci Investments Inc. | 327,103 | $31.2M | 0.13% | −12,684−3.7% | Reduced |
| New York State Common Retirement Fund | 328,107 | $31.3M | 0.05% | +8,085+2.5% | Added |
| State Street Corp | 330,082 | $31.5M | 0.00% | −3,479−1.0% | Reduced |
| Gavilan Investment Partners LLC | 330,000 | $31.5M | 8.86% | 00.0% | Unchanged |
| Zurich Insurance Group Ltd | 334,839 | $32.0M | 0.26% | +334,839 | New |
| Creative Planning | 335,374 | $32.0M | 0.03% | +37,891+12.7% | Added |
| Teachers Retirement System of the State of Kentucky | 339,330 | $32.4M | 0.29% | −2,700−0.8% | Reduced |
| Stifel Financial Corp | 352,059 | $33.6M | 0.04% | −11,626−3.2% | Reduced |
| Axiom Investors LLC | 355,405 | $33.9M | 0.33% | −477,120−57.3% | Reduced |
| Forsta Ap-Fonden | 358,900 | $34.1M | 0.26% | −10,600−2.9% | Reduced |
| Advisors Asset Management, Inc. | 365,070 | $34.9M | 0.65% | +7,533+2.1% | Added |
| Oppenheimer Asset Management Inc. | 365,276 | $34.9M | 0.43% | +44,442+13.9% | Added |
| Truist Financial Corp | 367,147 | $35.1M | 0.06% | −22,340−5.7% | Reduced |
| Advisor Group Holdings, Inc. | 370,394 | $35.4M | 0.08% | +10,691+3.0% | Added |
| Barclays PLC | 372,642 | $35.6M | 0.02% | +124,031+49.9% | Added |
| Capital International Ltd | 390,166 | $37.3M | 1.62% | −9,885−2.5% | Reduced |
| Fisher Asset Management, LLC | 403,482 | $38.5M | 0.02% | −178,498−30.7% | Reduced |
| Privium Fund Management B.V. | 415,000 | $39.8M | 10.38% | 00.0% | Unchanged |
| Steadview Capital Management LLC | 420,859 | $40.2M | 8.73% | −30,995−6.9% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 421,958 | $40.3M | 0.10% | −30,965−6.8% | Reduced |
| Brown Capital Management LLC | 423,719 | $40.4M | 1.22% | −11,622−2.7% | Reduced |
| J. Goldman & Co LP | 438,234 | $41.8M | 1.48% | +415,641+1,839.7% | Added |
| Mn Services Vermogensbeheer B.V. | 441,640 | $42.0M | 0.33% | −34,600−7.3% | Reduced |
| Allianz Asset Management GmbH | 446,580 | $42.6M | 0.06% | +268,189+150.3% | Added |
| TownSquare Capital, LLC | 450,683 | $43.0M | 0.46% | −12,391−2.7% | Reduced |
| Commonwealth Equity Services, LLC | 462,602 | $44.2M | 0.06% | +87,333+23.3% | Added |
| AMF Pensionsforsakring AB | 465,076 | $44.4M | 0.33% | +344,227+284.8% | Added |
| Neuberger Berman Group LLC | 478,839 | $45.7M | 0.04% | +146,640+44.1% | Added |
| Renaissance Technologies LLC | 493,400 | $47.1M | 0.07% | −1,075,400−68.5% | Reduced |
| Blair William & Co | 495,828 | $47.3M | 0.14% | +28,803+6.2% | Added |
| Royal London Asset Management Ltd | 504,187 | $48.1M | 0.11% | +66,655+15.2% | Added |
| DekaBank Deutsche Girozentrale | 523,257 | $48.6M | 0.10% | −1,729−0.3% | Reduced |
| Allen Investment Management LLC | 516,334 | $49.3M | 0.57% | +80,654+18.5% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 523,203 | $50.6M | 0.15% | +28,762+5.8% | Added |
| NZS Capital, LLC | 531,562 | $50.8M | 2.29% | −8,903−1.6% | Reduced |
| TD Waterhouse Canada Inc. | 532,405 | $51.7M | 0.42% | −37,725−6.6% | Reduced |
| Dimensional Fund Advisors LP | 567,389 | $54.2M | 0.01% | +71,201+14.3% | Added |
| Public Employees Retirement System of Ohio | 594,444 | $56.8M | 0.21% | −71,987−10.8% | Reduced |
| Capital International Sarl | 598,971 | $57.2M | 1.30% | +11,484+2.0% | Added |
| CIBC Private Wealth Group, LLC | 754,363 | $58.2M | 0.12% | +52,982+7.6% | Added |
| Hillsdale Investment Management Inc. | 620,829 | $59.1M | 3.00% | +18,695+3.1% | Added |
| Rockefeller Capital Management L.P. | 621,355 | $59.3M | 0.15% | −20,874−3.3% | Reduced |
| Capital International Inc | 633,643 | $60.5M | 0.73% | −7,168−1.1% | Reduced |
| Allspring Global Investments Holdings, LLC | 636,664 | $62.2M | 0.11% | +161,100+33.9% | Added |
| HSBC Holdings PLC | 654,887 | $62.3M | 0.04% | −170,806−20.7% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 670,780 | $64.1M | 0.14% | −12,632−1.8% | Reduced |
| Voloridge Investment Management, LLC | 676,559 | $64.6M | 0.24% | −502,165−42.6% | Reduced |
| Soma Equity Partners LP | 683,601 | $65.3M | 3.93% | −334,946−32.9% | Reduced |
| Castle Hook Partners LP | 734,150 | $70.1M | 1.84% | −318,501−30.3% | Reduced |
| State of Tennessee, Treasury Department | 741,888 | $70.6M | 0.27% | +5,386+0.7% | Added |
| Congress Asset Management Co | 748,195 | $71.4M | 0.53% | −42,498−5.4% | Reduced |
| William Blair Investment Management, LLC | 802,416 | $76.6M | 0.22% | −1,348,335−62.7% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 817,090 | $78.0M | 0.20% | −158,272−16.2% | Reduced |
| First Trust Advisors LP | 826,683 | $78.9M | 0.07% | +8,352+1.0% | Added |
| Aviva PLC | 848,721 | $80.8M | 0.19% | +118,499+16.2% | Added |
| Schroder Investment Management Group | 839,802 | $81.2M | 0.08% | −37,914−4.3% | Reduced |
| Susquehanna International Group, LLP | 887,836 | $84.8M | 0.14% | +514,168+137.6% | Added |
| Great West Life Assurance Co | 925,729 | $88.0M | 0.16% | −7,006−0.8% | Reduced |
| Agf Management Ltd | 1,003,871 | $95.9M | 0.51% | −588,283−36.9% | Reduced |
| Korea Investment CORP | 1,015,583 | $96.6M | 0.23% | +12,553+1.3% | Added |
| Bessemer Group Inc | 1,059,585 | $101.2M | 0.18% | +38,616+3.8% | Added |
| Scotia Capital Inc. | 1,084,224 | $102.9M | 0.55% | −33,255−3.0% | Reduced |
| Citigroup Inc | 1,132,482 | $107.7M | 0.08% | +339,781+42.9% | Added |
| Ensign Peak Advisors, Inc | 1,129,581 | $107.7M | 0.21% | +54,279+5.0% | Added |
| Addenda Capital Inc. | 798,607 | $109.3M | 4.04% | −71,262−8.2% | Reduced |
| LPL Financial LLC | 1,162,830 | $111.0M | 0.04% | +74,287+6.8% | Added |
| Select Equity Group, L.P. | 1,166,979 | $111.4M | 0.50% | −2,388,508−67.2% | Reduced |
| TCW Group Inc | 1,233,469 | $117.7M | 1.05% | −6,410−0.5% | Reduced |
| Public Investment Fund | 1,250,000 | $119.3M | 0.61% | 00.0% | Unchanged |
| Macquarie Group Ltd | 1,202,142 | $119.8M | 0.15% | +116,500+10.7% | Added |
| Caisse de Depot Et Placement du Quebec | 1,340,230 | $127.5M | 0.27% | −266,295−16.6% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1,395,235 | $133.2M | 0.36% | −163,140−10.5% | Reduced |
| Amundi | 1,620,689 | $133.4M | 0.05% | −328,980−16.9% | Reduced |
| Polar Capital Holdings Plc | 1,413,899 | $135.0M | 0.84% | −1,098,389−43.7% | Reduced |
| Lord, Abbett & Co. LLC | 1,426,562 | $136.1M | 0.48% | −224,660−13.6% | Reduced |
| Federated Hermes, Inc. | 1,447,767 | $140.0M | 0.30% | −51,071−3.4% | Reduced |
| Rathbone Brothers plc | 1,472,149 | $140.6M | 0.68% | +579,017+64.8% | Added |
| Russell Investments Group, Ltd. | 1,480,439 | $141.4M | 0.19% | +41,735+2.9% | Added |
| UBS Group AG | 1,483,356 | $141.6M | 0.03% | −343,066−18.8% | Reduced |
| Natixis Advisors, L.P. | 1,499,227 | $143.1M | 0.26% | −64,180−4.1% | Reduced |
| Gilder Gagnon Howe & Co LLC | 1,521,462 | $145.3M | 1.90% | +17,781+1.2% | Added |
| Marshall Wace, LLP | 1,573,375 | $150.2M | 0.20% | −297,516−15.9% | Reduced |
| UBS Asset Management Americas Inc | 1,648,853 | $157.4M | 0.04% | −581,367−26.1% | Reduced |