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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, 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
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 heldQ1 2025: $80.9B
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, 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
InstitutionSharesValue% of portfolioChange in sharesAction
Bangor Savings Bank152$14.5K0.00%00.0%Unchanged
Rothschild Investment LLC158$15.1K0.00%+125+378.8%Added
Bell Investment Advisors, Inc161$15.4K0.00%00.0%Unchanged
Birchbrook, Inc.162$15.5K0.01%00.0%Unchanged
REAP Financial Group, LLC180$17.2K0.00%+150+500.0%Added
Cape Investment Advisory, Inc.181$17.3K0.01%+8+4.6%Added
Cullen/Frost Bankers, Inc.193$18.4K0.00%−122−38.7%Reduced
Painted Porch Advisors LLC194$18.5K0.01%+70+56.5%Added
PrairieView Partners, LLC200$19.0K0.00%00.0%Unchanged
City State Bank200$19.1K0.01%00.0%Unchanged
Nova Wealth Management, Inc.208$19.9K0.02%+208New
Fourth Dimension Wealth, LLC210$20.0K0.01%−70−25.0%Reduced
Medallion Wealth Advisors, LLC208$20.3K0.01%−9−4.1%Reduced
BFSG, LLC215$20.5K0.00%−37,836−99.4%Reduced
Wayfinding Financial, LLC229$21.0K0.01%+229New
Investment Research & Advisory Group, Inc.220$21.0K0.01%00.0%Unchanged
Stone House Investment Management, LLC221$21.1K0.00%+221New
Foster Dykema Cabot & Partners, LLC240$22.9K0.00%00.0%Unchanged
Sofos Investments, Inc.241$23.0K0.01%+241New
Pingora Partners LLC250$23.9K0.02%00.0%Unchanged
PFG Private Wealth Management, LLC256$24.4K0.01%−7−2.7%Reduced
Laurel Wealth Advisors LLC260$24.8K0.00%00.0%Unchanged
Horrell Capital Management, Inc.264$25.2K0.01%00.0%Unchanged
WealthCollab, LLC267$25.5K0.02%00.0%Unchanged
Park Square Financial Group, LLC272$26.0K0.02%+63+30.1%Added
GHP Investment Advisors, Inc.290$27.7K0.00%+80+38.1%Added
FWL Investment Management, LLC300$28.6K0.01%−225−42.9%Reduced
Concord Wealth Partners300$28.6K0.00%−68−18.5%Reduced
SWAN Capital LLC300$28.6K0.01%00.0%Unchanged
Trifecta Capital Advisors, LLC300$28.6K0.01%00.0%Unchanged
Smithfield Trust Co314$30.0K0.00%+188+149.2%Added
DAGCO, Inc.317$30.3K0.01%+317New
Key Financial Inc344$32.8K0.01%00.0%Unchanged
SJS Investment Consulting Inc.350$33.4K0.01%00.0%Unchanged
Cary Street Partner Investment Advisory LLC355$33.9K0.02%+165+86.8%Added
Financial Management Professionals, Inc.361$34.5K0.00%−43−10.6%Reduced
Sachetta, LLC372$35.5K0.01%00.0%Unchanged
Carolinas Wealth Consulting LLC383$36.6K0.01%+42+12.3%Added
Sierra Ocean, LLC395$37.7K0.03%−38−8.8%Reduced
GoalVest Advisory LLC397$37.9K0.01%+50+14.4%Added
Bayforest Capital Ltd400$38.2K0.02%−1,992−83.3%Reduced
Your Advocates Ltd., LLP400$38.2K0.01%00.0%Unchanged
HighMark Wealth Management LLC428$40.8K0.02%00.0%Unchanged
Hemington Wealth Management452$43.0K0.01%+17+3.9%Added
Compass Financial Services Inc456$43.5K0.02%−239−34.4%Reduced
Parkside Financial Bank & Trust478$45.6K0.01%+287+150.3%Added
Accent Capital Management, LLC480$45.8K0.03%+480New
Old Point Trust & Financial Services N A500$47.7K0.02%00.0%Unchanged
American National Bank510$48.7K0.01%−450−46.9%Reduced
N.E.W. Advisory Services LLC512$48.9K0.00%+512New
McClarren Financial Advisors, Inc.190$49.0K0.03%−330−63.5%Reduced
Private Wealth Management Group, LLC518$49.5K0.02%00.0%Unchanged
S.A. Mason LLC535$51.1K0.03%00.0%Unchanged
Continuum Advisory, LLC550$52.5K0.01%−293−34.8%Reduced
North Star Investment Management Corp.550$52.5K0.00%00.0%Unchanged
Colonial Trust Advisors560$53.5K0.00%+300+115.4%Added
Smartleaf Asset Management LLC554$53.6K0.01%+36+6.9%Added
ORG Partners LLC553$54.0K0.01%−12,191−95.7%Reduced
GW&K Investment Management, LLC580$55.0K0.00%00.0%Unchanged
Clean Yield Group582$55.6K0.02%+218+59.9%Added
Addison Advisors LLC586$56.0K0.02%00.0%Unchanged
Salem Investment Counselors Inc600$57.3K0.00%00.0%Unchanged
Rosenberg Matthew Hamilton601$57.4K0.01%+15+2.6%Added
Hazlett, Burt & Watson, Inc.600$58.0K0.03%00.0%Unchanged
Coston, McIsaac & Partners620$59.0K0.02%00.0%Unchanged
Richards, Merrill & Peterson, Inc.625$59.6K0.03%−260−29.4%Reduced
Pension & Wealth Management Advisors, Inc.648$61.9K0.02%+166+34.4%Added
Park Circle Co650$62.1K0.06%00.0%Unchanged
Harel Insurance Investments & Financial Services Ltd.664$63.0K0.00%−192−22.4%Reduced
1 North Wealth Services LLC670$64.0K0.03%+670New
HM Payson & Co686$65.5K0.00%00.0%Unchanged
Global Trust Asset Management, LLC700$66.8K0.04%00.0%Unchanged
Ogorek Anthony Joseph709$67.0K0.02%+499+237.6%Added
Picton Mahoney Asset Management714$68.0K0.00%+714New
Blue Bell Private Wealth Management, LLC730$69.7K0.01%00.0%Unchanged
Golden State Wealth Management, LLC736$70.2K0.01%−793−51.9%Reduced
Annis Gardner Whiting Capital Advisors, LLC744$71.0K0.03%−17,602−95.9%Reduced
DecisionPoint Financial, LLC750$71.6K0.02%00.0%Unchanged
Anchor Investment Management, LLC780$74.5K0.01%−50−6.0%Reduced
Holos Integrated Wealth LLC780$74.5K0.05%00.0%Unchanged
Central Trust Co780$74.5K0.00%−10−1.3%Reduced
BankPlus Trust Department799$76.3K0.03%+799New
Activest Wealth Management806$76.9K0.02%+596+283.8%Added
Tobam565$77.0K0.03%−14,217−96.2%Reduced
Hoey Investments, Inc830$79.2K0.02%−560−40.3%Reduced
Stonebridge Financial Group, LLC835$79.7K0.01%00.0%Unchanged
WPG Advisers, LLC867$82.8K0.08%+268+44.7%Added
Orion Capital Management LLC892$85.2K0.04%+42+4.9%Added
Colonial Trust Co893$85.3K0.01%+631+240.8%Added
Highline Wealth Partners LLC896$85.5K0.03%−44−4.7%Reduced
Cloud Capital Management, LLC910$86.0K0.06%+910New
CoreCap Advisors, LLC904$86.3K0.00%−2,055−69.4%Reduced
Mather Group, LLC.912$87.1K0.00%+511+127.4%Added
Financial Network Wealth Advisors LLC947$90.4K0.12%+58+6.5%Added
GAMMA Investing LLC963$91.9K0.01%+428+80.0%Added
Pin Oak Investment Advisors Inc1,185$93.0K0.07%00.0%Unchanged
Financial Network Wealth Management LLC987$94.0K0.03%+987New
Farmers & Merchants Trust Co of Chambersburg PA1,000$95.0K0.03%00.0%Unchanged
Investment Management Corp1,000$95.5K0.09%00.0%Unchanged
Belmont Capital, LLC1,000$95.5K0.02%00.0%Unchanged