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 |
|---|---|---|---|---|---|
| Federation des caisses Desjardins du Quebec | 1,672,448 | $158.8M | 0.79% | +113,711+7.3% | Added |
| Barton Investment Management | 1,728,376 | $165.0M | 20.27% | −144,621−7.7% | Reduced |
| Strategy Capital LLC | 1,751,328 | $167.2M | 15.68% | −83,863−4.6% | Reduced |
| 1832 Asset Management L.P. | 1,802,230 | $172.1M | 0.33% | −122,289−6.4% | Reduced |
| Toronto Dominion Bank | 1,841,646 | $175.2M | 0.45% | −845,592−31.5% | Reduced |
| MUFG Securities (Canada), Ltd. | 1,854,543 | $176.4M | 6.15% | +2,512+0.1% | Added |
| ICONIQ Capital, LLC | 1,858,674 | $177.5M | 3.15% | +7360.0% | Added |
| Pictet Asset Management Holding SA | 1,881,542 | $179.3M | 0.20% | −289,324−13.3% | Reduced |
| Northern Trust Corp | 1,909,712 | $182.3M | 0.03% | +236,677+14.1% | Added |
| American Century Companies Inc | 1,923,082 | $183.3M | 0.11% | +459,523+31.4% | Added |
| Deutsche Bank AG | 1,974,526 | $188.5M | 0.07% | +45,656+2.4% | Added |
| Envestnet Asset Management Inc | 2,024,792 | $193.3M | 0.06% | −38,641−1.9% | Reduced |
| Mirova US LLC | 2,034,159 | $194.2M | 2.31% | +62,458+3.2% | Added |
| Alberta Investment Management Corp | 2,050,577 | $195.2M | 1.34% | +10,932+0.5% | Added |
| Raymond James Financial Inc | 2,128,354 | $205.7M | 0.08% | −15,483−0.7% | Reduced |
| Ashe Capital Management, LP | 2,185,712 | $208.7M | 18.66% | 00.0% | Unchanged |
| Winslow Capital Management, LLC | 2,590,599 | $222.8M | 0.89% | +97,455+3.9% | Added |
| Qube Research & Technologies Ltd | 2,367,631 | $226.0M | 0.35% | +1,211,066+104.7% | Added |
| Zevenbergen Capital Investments LLC | 2,412,839 | $230.4M | 5.62% | −209,023−8.0% | Reduced |
| Jane Street Group, LLC | 2,508,807 | $239.5M | 0.43% | +2,073,618+476.5% | Added |
| Bamco Inc | 2,519,934 | $240.6M | 0.71% | −61,323−2.4% | Reduced |
| Charles Schwab Investment Management Inc | 2,539,348 | $241.5M | 0.05% | +46,262+1.9% | Added |
| Millennium Management LLC | 2,539,108 | $242.4M | 0.24% | +1,405,328+124.0% | Added |
| SEI Investments Co | 2,748,695 | $262.4M | 0.34% | +235,128+9.4% | Added |
| Ameriprise Financial Inc | 2,815,042 | $269.9M | 0.07% | −54,467−1.9% | Reduced |
| Wells Fargo & Company | 2,879,644 | $274.9M | 0.07% | +156,712+5.8% | Added |
| British Columbia Investment Management Corp | 2,924,549 | $278.3M | 1.71% | +275,248+10.4% | Added |
| HRT Financial LP | 3,198,624 | $305.4M | 1.93% | +3,198,624 | New |
| Bank of New York Mellon Corp | 3,361,164 | $320.9M | 0.06% | −311,139−8.5% | Reduced |
| Scge Management, L.P. | 3,386,000 | $323.3M | 9.32% | −296,000−8.0% | Reduced |
| Swiss National Bank | 3,451,700 | $328.6M | 0.23% | −68,100−1.9% | Reduced |
| Bank of Nova Scotia | 3,776,820 | $359.3M | 0.81% | +5,270+0.1% | Added |
| Jarislowsky, Fraser Ltd | 3,999,810 | $380.5M | 2.38% | −116,205−2.8% | Reduced |
| Invesco Ltd. | 4,039,479 | $385.7M | 0.07% | +2,514,152+164.8% | Added |
| Janus Henderson Group PLC | 4,161,121 | $402.3M | 0.22% | −8,123−0.2% | Reduced |
| CIBC Asset Management Inc | 4,283,981 | $408.1M | 1.35% | −396,468−8.5% | Reduced |
| Durable Capital Partners LP | 4,275,819 | $408.3M | 3.65% | +325,471+8.2% | Added |
| ARK Investment Management LLCSuperinvestorARK Invest | 4,444,225 | $424.3M | 4.25% | −60,799−1.3% | Reduced |
| Nikko Asset Management Americas, Inc. | 4,983,349 | $475.8M | 6.13% | −41,914−0.8% | Reduced |
| Clearbridge Investments, LLC | 4,985,839 | $476.0M | 0.42% | −842,866−14.5% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 5,012,428 | $478.6M | 0.34% | −43,084−0.9% | Reduced |
| Jennison Associates LLC | 5,280,781 | $504.2M | 0.35% | +4,036,326+324.3% | Added |
| Alliancebernstein L.P. | 5,554,420 | $530.3M | 0.19% | +1,094,840+24.6% | Added |
| Massachusetts Financial Services Co | 5,649,162 | $539.4M | 0.18% | +979,598+21.0% | Added |
| Canada Pension Plan Investment Board | 5,943,409 | $565.5M | 0.55% | +1,522,573+34.4% | Added |
| Legal & General Group Plc | 6,000,929 | $570.9M | 0.16% | +91,741+1.6% | Added |
| Manufacturers Life Insurance Company, The | 6,167,782 | $589.6M | 0.56% | −1,000,581−14.0% | Reduced |
| BlackRock, Inc. | 6,266,015 | $598.3M | 0.01% | +483,945+8.4% | Added |
| Newlands Management Operations LLC | 6,325,050 | $603.9M | 4.09% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 6,602,764 | $628.2M | 2.74% | −492,618−6.9% | Reduced |
| Goldman Sachs Group Inc | 6,859,863 | $655.0M | 0.12% | +3,303,521+92.9% | Added |
| Nuveen, LLC | 7,007,689 | $667.4M | 0.21% | +7,007,689 | New |
| Artisan Partners Limited Partnership | 7,802,205 | $745.0M | 1.21% | +469,740+6.4% | Added |
| CIBC World Markets Inc. | 8,028,489 | $766.6M | 1.75% | −115,393−1.4% | Reduced |
| Wellington Management Group LLP | 8,481,481 | $808.9M | 0.16% | +3,324,344+64.5% | Added |
| Mackenzie Financial Corp | 8,648,734 | $822.7M | 1.17% | +1,426,406+19.7% | Added |
| Edgewood Management LLC | 8,646,159 | $825.5M | 2.87% | +8,646,159 | New |
| TD Asset Management Inc | 8,809,783 | $838.2M | 0.77% | −234,217−2.6% | Reduced |
| Geode Capital Management, LLC | 8,950,265 | $856.8M | 0.07% | +1,934,683+27.6% | Added |
| National Bank of Canada | 9,180,345 | $870.2M | 1.02% | +478,689+5.5% | Added |
| Bank of America Corp | 9,409,076 | $898.4M | 0.08% | +15,465+0.2% | Added |
| Franklin Resources Inc | 10,600,264 | $1.01B | 0.29% | −492,649−4.4% | Reduced |
| Bank of Montreal | 10,766,774 | $1.02B | 0.55% | −538,747−4.8% | Reduced |
| Sands Capital Management, LLC | 12,145,821 | $1.16B | 3.95% | −1,633,118−11.9% | Reduced |
| Loomis Sayles & Co L P | 14,430,963 | $1.38B | 1.99% | −181,903−1.2% | Reduced |
| Norges Bank | 14,553,802 | $1.39B | 0.19% | +48,946+0.3% | Added |
| Polen Capital Management LLC | 15,270,075 | $1.46B | 4.58% | −1,809,405−10.6% | Reduced |
| Arrowstreet Capital, Limited Partnership | 16,131,927 | $1.54B | 1.25% | −355,652−2.2% | Reduced |
| FIL Ltd | 16,956,004 | $1.61B | 1.53% | +1,181,856+7.5% | Added |
| Royal Bank of Canada | 19,545,576 | $1.87B | 0.42% | −582,332−2.9% | Reduced |
| Capital Research Global Investors | 23,292,570 | $2.22B | 0.48% | −457,896−1.9% | Reduced |
| JPMorgan Chase & Co | 28,110,871 | $2.68B | 0.20% | +4,597,678+19.6% | Added |
| Morgan Stanley | 30,040,695 | $2.87B | 0.21% | +455,942+1.5% | Added |
| Price T Rowe Associates Inc | 34,008,966 | $3.25B | 0.40% | −7,892,382−18.8% | Reduced |
| Capital International Investors | 35,318,518 | $3.37B | 0.66% | −1,197,787−3.3% | Reduced |
| Vanguard Group Inc | 47,962,280 | $4.56B | 0.08% | +882,168+1.9% | Added |
| FMR LLC | 49,239,719 | $4.69B | 0.30% | +5,507,642+12.6% | Added |
| Capital World Investors | 52,101,843 | $4.97B | 0.81% | −1,000,864−1.9% | Reduced |
| Baillie Gifford & Co | 55,877,748 | $5.34B | 4.66% | −3,898,764−6.5% | Reduced |
| Whipplewood Advisors, LLC | 182 | – | – | +129+243.4% | Added |
| Proequities, Inc. | 0 | $0 | 0.00% | −4,940−100.0% | Sold out |
| Coatue Management LLCSuperinvestorCoatue Management | 0 | $0 | 0.00% | −2,547,675−100.0% | Sold out |
| Corton Capital Inc. | 0 | $0 | 0.00% | −750,000−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −683,500−100.0% | Sold out |
| Parkwood LLC | 0 | $0 | 0.00% | −98,762−100.0% | Sold out |
| UBS Oconnor LLC | 0 | $0 | 0.00% | −70,000−100.0% | Sold out |
| Insight Holdings Group, LLC | 0 | $0 | 0.00% | −67,900−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | 0 | $0 | 0.00% | −67,130−100.0% | Sold out |
| Gunderson Capital Management Inc. | 0 | $0 | 0.00% | −63,194−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −61,155−100.0% | Sold out |
| Wahed Invest LLC | 0 | $0 | 0.00% | −44,818−100.0% | Sold out |
| Soviero Asset Management, LP | 0 | $0 | 0.00% | −44,000−100.0% | Sold out |
| United Advisor Group, LLC | 0 | $0 | 0.00% | −38,731−100.0% | Sold out |
| Wolverine Trading, LLC | 0 | $0 | 0.00% | −31,806−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −31,174−100.0% | Sold out |
| Grand Jean Capital Management Inc | 0 | $0 | 0.00% | −29,503−100.0% | Sold out |
| Fred Alger Management, LLC | 0 | $0 | 0.00% | −26,519−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −25,528−100.0% | Sold out |
| V2 Financial group LLC | 0 | $0 | 0.00% | −25,492−100.0% | Sold out |
| Entropy Technologies, LP | 0 | $0 | 0.00% | −23,978−100.0% | Sold out |