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 |
|---|---|---|---|---|---|
| Varma Mutual Pension Insurance Co | 180,358 | $17.2M | 0.15% | −12,300−6.4% | Reduced |
| Calamos Advisors LLC | 179,395 | $17.1M | 0.08% | +133,952+294.8% | Added |
| Van Eck Associates Corp | 177,860 | $17.0M | 0.02% | +128,416+259.7% | Added |
| Atria Investments LLC | 177,520 | $16.9M | 0.22% | +8,695+5.2% | Added |
| HighTower Advisors, LLC | 177,467 | $16.9M | 0.02% | +16,114+10.0% | Added |
| Nepsis, Inc. | 175,706 | $16.8M | 4.14% | +86,262+96.4% | Added |
| Ampersand Capital Group, L.P. | 175,013 | $16.7M | 11.54% | 00.0% | Unchanged |
| Ogborne Capital Management, LLC | 175,000 | $16.7M | 6.42% | −80,000−31.4% | Reduced |
| Vestmark Advisory Solutions, Inc. | 174,154 | $16.6M | 0.43% | +5,503+3.3% | Added |
| Perpetual Ltd | 173,029 | $16.5M | 0.20% | −5,508−3.1% | Reduced |
| Maryland State Retirement & Pension System | 170,761 | $16.3M | 0.39% | +42,272+32.9% | Added |
| MML Investors Services, LLC | 169,905 | $16.2M | 0.05% | +10,659+6.7% | Added |
| AIA Group Ltd | 169,884 | $16.2M | 0.40% | +1,562+0.9% | Added |
| Acadian Asset Management LLC | 169,463 | $16.2M | 0.05% | +112,589+198.0% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 169,182 | $16.1M | 0.08% | +7,600+4.7% | Added |
| O'Shaughnessy Asset Management, LLC | 169,206 | $16.1M | 0.13% | −11,600−6.4% | Reduced |
| Thompson Siegel & Walmsley LLC | 162,940 | $15.6M | 0.26% | −3,800−2.3% | Reduced |
| Marsico Capital Management LLC | 162,557 | $15.5M | 0.53% | +44,535+37.7% | Added |
| Lyell Wealth Management, LP | 160,258 | $15.3M | 1.43% | +2,770+1.8% | Added |
| Janney Montgomery Scott LLC | 159,063 | $15.2M | 0.04% | −1,758−1.1% | Reduced |
| Henry James International Management, Inc. | 158,309 | $15.1M | 5.17% | +1,672+1.1% | Added |
| Mirae Asset Global Investments Co., Ltd. | 156,024 | $15.1M | 0.06% | −22,576−12.6% | Reduced |
| Stony Point Capital LLC | 156,993 | $15.0M | 1.62% | +156,993 | New |
| Intech Investment Management LLC | 157,014 | $14.9M | 0.15% | +59,004+60.2% | Added |
| Triasima Portfolio Management inc. | 156,799 | $14.9M | 2.93% | +79,354+102.5% | Added |
| Adage Capital Partners GP, L.L.C. | 156,000 | $14.9M | 0.03% | −99,000−38.8% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 154,273 | $14.7M | 0.03% | −3,201−2.0% | Reduced |
| Tiaa Trust, National Association | 151,435 | $14.5M | 0.05% | +151,435 | New |
| D. E. Shaw & Co., Inc. | 150,999 | $14.4M | 0.02% | −1,052,976−87.5% | Reduced |
| Sanctuary Advisors, LLC | 150,550 | $14.4M | 0.10% | +8,204+5.8% | Added |
| Squarepoint Ops LLC | 149,848 | $14.3M | 0.03% | −322,173−68.3% | Reduced |
| Granite Investment Partners, LLC | 148,679 | $14.2M | 0.72% | +14,490+10.8% | Added |
| Gryphon Financial Partners LLC | 145,401 | $13.9M | 2.00% | +155+0.1% | Added |
| Welch & Forbes LLC | 143,601 | $13.7M | 0.18% | +19,050+15.3% | Added |
| Thornburg Investment Management Inc | 143,397 | $13.7M | 0.19% | −204,764−58.8% | Reduced |
| Capital Group Private Client Services, Inc. | 142,464 | $13.6M | 0.13% | +91,805+181.2% | Added |
| Prudential PLC | 137,420 | $13.2M | 0.07% | −64,474−31.9% | Reduced |
| Citadel Advisors LLC | 136,740 | $13.1M | 0.01% | −512,238−78.9% | Reduced |
| Mediolanum International Funds Ltd | 132,909 | $12.9M | 0.18% | +67,745+104.0% | Added |
| Utah Retirement Systems | 135,237 | $12.9M | 0.15% | 00.0% | Unchanged |
| Genus Capital Management Inc. | 134,805 | $12.8M | 1.86% | +134,805 | New |
| Congress Wealth Management LLC | 133,645 | $12.8M | 0.15% | +7,167+5.7% | Added |
| Generali Asset Management SPA SGR | 92,790 | $12.7M | 0.31% | +30,216+48.3% | Added |
| Atalanta Sosnoff Capital, LLC | 131,823 | $12.6M | 0.30% | +11,177+9.3% | Added |
| Walleye Capital LLC | 131,586 | $12.6M | 0.14% | −166,903−55.9% | Reduced |
| Swiss Life Asset Management Ltd | 129,029 | $12.3M | 0.09% | +33,452+35.0% | Added |
| Oddo BHF Asset Management SAS | 128,646 | $12.3M | 0.50% | +24,846+23.9% | Added |
| Dash Acquisitions Inc. | 113,858 | $12.3M | 2.73% | +153+0.1% | Added |
| Walleye Trading LLC | 127,248 | $12.1M | 0.34% | −9,631−7.0% | Reduced |
| Apollon Wealth Management, LLC | 125,549 | $12.0M | 0.26% | +7,411+6.3% | Added |
| Meridian Wealth Management, LLC | 123,530 | $11.8M | 0.57% | −2,821−2.2% | Reduced |
| SG Americas Securities, LLC | 120,059 | $11.5M | 0.04% | +61,959+106.6% | Added |
| State of Michigan Retirement System | 117,200 | $11.2M | 0.06% | −21,500−15.5% | Reduced |
| Texas Yale Capital Corp. | 116,983 | $11.2M | 0.46% | −1,750−1.5% | Reduced |
| Public Sector Pension Investment Board | 117,345 | $11.2M | 0.05% | +1,000+0.9% | Added |
| Cresset Asset Management, LLC | 115,768 | $11.1M | 0.06% | −42,702−26.9% | Reduced |
| Omers Administration Corp | 115,660 | $11.0M | 0.10% | +49,946+76.0% | Added |
| Sustainable Growth Advisers, LP | 115,085 | $11.0M | 0.06% | +8,306+7.8% | Added |
| The PNC Financial Services Group, Inc. | 114,679 | $10.9M | 0.01% | +23,190+25.3% | Added |
| Thoroughbred Financial Services, LLC | 114,187 | $10.9M | 0.68% | +4,005+3.6% | Added |
| Tocqueville Asset Management L.P. | 111,857 | $10.7M | 0.17% | −2,565−2.2% | Reduced |
| Yarbrough Capital, LLC | 110,020 | $10.5M | 0.45% | +12,540+12.9% | Added |
| Louisbourg Investments Inc. | 109,727 | $10.4M | 2.84% | −492−0.4% | Reduced |
| Ossiam | 109,298 | $10.4M | 0.15% | −11,344−9.4% | Reduced |
| Baird Financial Group, Inc. | 107,761 | $10.3M | 0.02% | +11,873+12.4% | Added |
| Banco Santander, S.A. | 107,285 | $10.2M | 0.11% | +30,331+39.4% | Added |
| Quantinno Capital Management LP | 104,995 | $10.0M | 0.07% | +56,442+116.2% | Added |
| Long Walk Management LP | 103,250 | $9.86M | 3.19% | −21,750−17.4% | Reduced |
| Markel Group Inc.SuperinvestorMarkel Group | 102,750 | $9.81M | 0.09% | 00.0% | Unchanged |
| PEAK6 LLC | 101,446 | $9.69M | 0.38% | +101,446 | New |
| Gulf International Bank (UK) Ltd | 69,727 | $9.54M | 0.33% | +67,183+2,640.8% | Added |
| Asset Management One Co.,Ltd. | 99,384 | $9.49M | 0.03% | −120−0.1% | Reduced |
| BOCHK Asset Management Ltd | 99,100 | $9.46M | 5.33% | −32,400−24.6% | Reduced |
| Cerity Partners LLC | 97,945 | $9.35M | 0.02% | +6,498+7.1% | Added |
| MMBG Investment Advisors Co. | 97,725 | $9.33M | 1.05% | −14,170−12.7% | Reduced |
| NorthCrest Asset Manangement, LLC | 97,230 | $9.28M | 0.28% | +4,597+5.0% | Added |
| Covenant Asset Management, LLC | 96,412 | $9.21M | 2.31% | +734+0.8% | Added |
| Silvercrest Asset Management Group LLC | 95,759 | $9.14M | 0.07% | −22,007−18.7% | Reduced |
| EULAV Asset Management | 95,000 | $9.07M | 0.22% | −10,000−9.5% | Reduced |
| Assetmark, Inc | 93,440 | $9.03M | 0.02% | +8,930+10.6% | Added |
| Brevan Howard Capital Management LP | 93,782 | $8.95M | 0.25% | +86,732+1,230.2% | Added |
| Kinetic Partners Management, LP | 91,800 | $8.77M | 0.63% | +91,800 | New |
| Carnegie Capital Asset Management, LLC | 110,830 | $8.75M | 0.21% | +5,084+4.8% | Added |
| Ithaka Group LLC | 89,919 | $8.59M | 1.75% | +89,919 | New |
| Berkshire Capital Holdings Inc | 88,500 | $8.45M | 4.04% | +9,820+12.5% | Added |
| Jain Global LLC | 88,241 | $8.43M | 0.17% | +88,241 | New |
| Fundsmith Investment Services Ltd. | 88,177 | $8.42M | 0.12% | −7,950−8.3% | Reduced |
| Man Group plc | 87,993 | $8.40M | 0.03% | −85,014−49.1% | Reduced |
| Wesbanco Bank Inc | 87,969 | $8.40M | 0.29% | +4,664+5.6% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 87,475 | $8.35M | 0.05% | 00.0% | Unchanged |
| Melqart Asset Management (UK) Ltd | 86,527 | $8.26M | 1.12% | +14,412+20.0% | Added |
| Baltimore-Washington Financial Advisors, Inc. | 86,462 | $8.26M | 0.44% | +1,921+2.3% | Added |
| Y-Intercept (Hong Kong) Ltd | 86,063 | $8.22M | 0.56% | +53,029+160.5% | Added |
| Capital Group Investment Management Pte. Ltd. | 84,674 | $8.08M | 1.65% | −2,616−3.0% | Reduced |
| Procyon Private Wealth Partners, LLC | 83,572 | $7.98M | 0.49% | +7,953+10.5% | Added |
| GWM Advisors LLC | 83,538 | $7.97M | 0.05% | +24,070+40.5% | Added |
| Brinker Capital Investments, LLC | 83,312 | $7.95M | 0.08% | −9,565−10.3% | Reduced |
| Orion Portfolio Solutions, LLC | 83,312 | $7.95M | 0.08% | −9,565−10.3% | Reduced |
| Spire Wealth Management | 82,870 | $7.91M | 0.25% | −2,342−2.7% | Reduced |
| Group One Trading, L.P. | 81,090 | $7.74M | 0.32% | +81,090 | New |