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, Q2 2025
Institutional positions in Shopify Inc. as of Jun 30, 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
- 1,555
- +95 vs. Q1 2025
- Shares held
- 843.9M
- −3.78M (−0.4%) vs. Q1 2025
- Total value
- $97.4B
- +$16.5B (+20.4%) vs. Q1 2025
- New holders
- 220
- 586 more added
- Sold out
- 125
- 511 more reduced
20 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 57,977,406 | $6.69B | 0.97% | +5,875,563+11.3% | Added |
| Vanguard Group Inc | 49,316,695 | $5.69B | 0.09% | +1,354,415+2.8% | Added |
| FMR LLC | 45,203,978 | $5.21B | 0.29% | −4,035,741−8.2% | Reduced |
| Capital International Investors | 40,056,659 | $4.62B | 0.80% | +4,738,141+13.4% | Added |
| Baillie Gifford & Co | 37,748,072 | $4.35B | 3.25% | −18,129,676−32.4% | Reduced |
| Price T Rowe Associates Inc | 31,673,935 | $3.65B | 0.41% | −2,335,031−6.9% | Reduced |
| Morgan Stanley | 29,332,704 | $3.38B | 0.22% | −707,991−2.4% | Reduced |
| JPMorgan Chase & Co | 28,559,514 | $3.29B | 0.23% | +448,643+1.6% | Added |
| Royal Bank of Canada | 21,269,888 | $2.45B | 0.48% | +1,724,312+8.8% | Added |
| FIL Ltd | 19,126,979 | $2.21B | 1.89% | +2,170,975+12.8% | Added |
| Norges Bank | 15,559,887 | $1.79B | 0.22% | +1,006,085+6.9% | Added |
| Polen Capital Management LLC | 14,690,160 | $1.69B | 5.20% | −579,915−3.8% | Reduced |
| Loomis Sayles & Co L P | 14,622,787 | $1.69B | 2.11% | +191,824+1.3% | Added |
| Arrowstreet Capital, Limited Partnership | 11,896,793 | $1.37B | 0.97% | −4,235,134−26.3% | Reduced |
| Jennison Associates LLC | 11,519,610 | $1.33B | 0.79% | +6,238,829+118.1% | Added |
| Bank of America Corp | 11,461,378 | $1.32B | 0.11% | +2,052,302+21.8% | Added |
| Bank of Montreal | 11,334,086 | $1.31B | 0.66% | +567,312+5.3% | Added |
| Geode Capital Management, LLC | 10,731,795 | $1.25B | 0.09% | +1,781,530+19.9% | Added |
| National Bank of Canada | 10,449,899 | $1.20B | 1.30% | +1,269,554+13.8% | Added |
| Franklin Resources Inc | 10,301,811 | $1.19B | 0.32% | −298,453−2.8% | Reduced |
| Invesco Ltd. | 9,967,046 | $1.15B | 0.20% | +5,927,567+146.7% | Added |
| Capital Research Global Investors | 9,857,851 | $1.14B | 0.23% | −13,434,719−57.7% | Reduced |
| Edgewood Management LLC | 9,558,067 | $1.10B | 3.51% | +911,908+10.5% | Added |
| Wellington Management Group LLP | 9,557,472 | $1.10B | 0.20% | +1,075,991+12.7% | Added |
| Goldman Sachs Group Inc | 9,315,911 | $1.07B | 0.17% | +2,456,048+35.8% | Added |
| Mackenzie Financial Corp | 9,291,485 | $1.07B | 1.39% | +642,751+7.4% | Added |
| Nuveen, LLC | 8,918,418 | $1.03B | 0.28% | +1,910,729+27.3% | Added |
| TD Asset Management Inc | 8,409,674 | $968.1M | 0.83% | −400,109−4.5% | Reduced |
| BlackRock, Inc. | 8,010,064 | $924.0M | 0.02% | +1,744,049+27.8% | Added |
| Sands Capital Management, LLC | 7,492,615 | $864.3M | 2.48% | −4,653,206−38.3% | Reduced |
| CIBC World Markets Inc. | 7,367,819 | $849.9M | 1.88% | −660,670−8.2% | Reduced |
| Artisan Partners Limited Partnership | 7,341,843 | $846.9M | 1.26% | −460,362−5.9% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 6,375,619 | $735.3M | 2.59% | −227,145−3.4% | Reduced |
| Newlands Management Operations LLC | 6,325,050 | $729.6M | 3.85% | 00.0% | Unchanged |
| Legal & General Group Plc | 5,927,917 | $682.4M | 0.17% | −73,012−1.2% | Reduced |
| Alliancebernstein L.P. | 5,500,179 | $634.4M | 0.21% | −54,241−1.0% | Reduced |
| Manufacturers Life Insurance Company, The | 5,488,562 | $630.7M | 0.56% | −679,220−11.0% | Reduced |
| Canada Pension Plan Investment Board | 5,280,409 | $609.4M | 0.52% | −663,000−11.2% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 5,231,257 | $603.4M | 0.38% | +218,829+4.4% | Added |
| Clearbridge Investments, LLC | 5,163,273 | $595.6M | 0.48% | +177,434+3.6% | Added |
| Jarislowsky, Fraser Ltd | 5,082,979 | $585.1M | 3.34% | +1,083,169+27.1% | Added |
| ARK Investment Management LLCSuperinvestorARK Invest | 5,049,508 | $582.5M | 4.27% | +605,283+13.6% | Added |
| Nikko Asset Management Americas, Inc. | 5,013,998 | $578.0M | 5.77% | +30,649+0.6% | Added |
| Janus Henderson Group PLC | 4,916,681 | $567.1M | 0.28% | +755,560+18.2% | Added |
| Massachusetts Financial Services Co | 4,563,693 | $526.4M | 0.17% | −1,085,469−19.2% | Reduced |
| Durable Capital Partners LP | 4,543,835 | $524.1M | 3.97% | +268,016+6.3% | Added |
| CIBC Asset Management Inc | 4,251,226 | $491.3M | 1.54% | −32,755−0.8% | Reduced |
| Bank of New York Mellon Corp | 3,769,075 | $434.8M | 0.08% | +407,911+12.1% | Added |
| Swiss National Bank | 3,700,900 | $425.2M | 0.25% | +249,200+7.2% | Added |
| Bank of Nova Scotia | 3,663,351 | $422.4M | 0.87% | −113,469−3.0% | Reduced |
| Wells Fargo & Company | 3,316,117 | $382.5M | 0.08% | +436,473+15.2% | Added |
| 1832 Asset Management L.P. | 3,108,563 | $358.6M | 0.62% | +1,306,333+72.5% | Added |
| Mirova US LLC | 3,024,755 | $348.9M | 3.61% | +990,596+48.7% | Added |
| Deutsche Bank AG | 2,857,511 | $329.6M | 0.12% | +882,985+44.7% | Added |
| Ameriprise Financial Inc | 2,753,899 | $318.9M | 0.08% | −61,143−2.2% | Reduced |
| Bamco Inc | 2,664,940 | $307.4M | 0.83% | +145,006+5.8% | Added |
| Charles Schwab Investment Management Inc | 2,622,495 | $301.9M | 0.05% | +83,147+3.3% | Added |
| Amundi | 2,616,272 | $300.3M | 0.10% | +995,583+61.4% | Added |
| Winslow Capital Management, LLC | 2,587,012 | $298.4M | 1.00% | −3,587−0.1% | Reduced |
| SEI Investments Co | 2,587,018 | $298.4M | 0.35% | −161,677−5.9% | Reduced |
| UBS Group AG | 2,429,468 | $280.2M | 0.06% | +946,112+63.8% | Added |
| Gilder Gagnon Howe & Co LLC | 2,390,749 | $275.8M | 2.93% | +869,287+57.1% | Added |
| Zevenbergen Capital Investments LLC | 2,310,999 | $266.6M | 5.20% | −101,840−4.2% | Reduced |
| British Columbia Investment Management Corp | 2,265,068 | $261.4M | 1.52% | −659,481−22.5% | Reduced |
| Raymond James Financial Inc | 2,249,332 | $259.5M | 0.09% | +120,978+5.7% | Added |
| Select Equity Group, L.P. | 2,246,473 | $259.1M | 1.10% | +1,079,494+92.5% | Added |
| Ashe Capital Management, LP | 2,185,712 | $252.1M | 19.64% | 00.0% | Unchanged |
| American Century Companies Inc | 2,128,131 | $245.5M | 0.13% | +205,049+10.7% | Added |
| Envestnet Asset Management Inc | 2,092,429 | $241.4M | 0.07% | +67,637+3.3% | Added |
| Brown Advisory Inc | 2,066,884 | $238.4M | 0.31% | +2,027,839+5,193.6% | Added |
| MUFG Securities (Canada), Ltd. | 2,065,126 | $237.8M | 7.23% | +210,583+11.4% | Added |
| Federation des caisses Desjardins du Quebec | 2,018,186 | $232.6M | 1.02% | +345,738+20.7% | Added |
| Toronto Dominion Bank | 1,947,781 | $224.8M | 0.48% | +106,135+5.8% | Added |
| UBS Asset Management Americas Inc | 1,910,148 | $220.3M | 0.04% | +261,295+15.8% | Added |
| Strategy Capital LLC | 1,829,917 | $211.1M | 14.21% | +78,589+4.5% | Added |
| Picton Mahoney Asset Management | 1,759,717 | $202.1M | 2.85% | +1,759,003+246,359.0% | Added |
| Barton Investment Management | 1,718,366 | $198.2M | 20.54% | −10,010−0.6% | Reduced |
| ICONIQ Capital, LLC | 1,675,473 | $193.3M | 3.26% | −183,201−9.9% | Reduced |
| ProShare Advisors LLC | 1,659,028 | $191.4M | 0.38% | +1,659,028 | New |
| Northern Trust Corp | 1,649,393 | $190.3M | 0.03% | −260,319−13.6% | Reduced |
| Polar Capital Holdings Plc | 1,613,211 | $186.1M | 0.98% | +199,312+14.1% | Added |
| Barclays PLC | 1,608,488 | $185.5M | 0.07% | +1,235,846+331.6% | Added |
| Pictet Asset Management Holding SA | 1,580,889 | $182.2M | 0.19% | −300,653−16.0% | Reduced |
| Rathbone Brothers plc | 1,577,832 | $182.0M | 0.78% | +105,683+7.2% | Added |
| Russell Investments Group, Ltd. | 1,576,336 | $181.6M | 0.23% | +95,897+6.5% | Added |
| First Trust Advisors LP | 1,556,123 | $179.5M | 0.14% | +729,440+88.2% | Added |
| Citigroup Inc | 1,506,253 | $173.4M | 0.12% | +373,771+33.0% | Added |
| Federated Hermes, Inc. | 1,443,505 | $166.5M | 0.31% | −4,262−0.3% | Reduced |
| Natixis Advisors, L.P. | 1,432,584 | $165.2M | 0.26% | −66,643−4.4% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 1,394,631 | $160.9M | 0.31% | +723,851+107.9% | Added |
| Foxhaven Asset Management, LP | 1,352,791 | $156.0M | 3.76% | +1,352,791 | New |
| Caisse de Depot Et Placement du Quebec | 1,352,564 | $155.7M | 0.33% | +12,334+0.9% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1,340,613 | $154.6M | 0.38% | −54,622−3.9% | Reduced |
| Lord, Abbett & Co. LLC | 1,323,039 | $152.6M | 0.49% | −103,523−7.3% | Reduced |
| LPL Financial LLC | 1,261,530 | $145.5M | 0.05% | +98,700+8.5% | Added |
| Macquarie Group Ltd | 1,214,209 | $145.2M | 0.18% | +12,067+1.0% | Added |
| TCW Group Inc | 1,231,187 | $142.0M | 1.11% | −2,282−0.2% | Reduced |
| Castle Hook Partners LP | 1,218,885 | $140.6M | 2.07% | +484,735+66.0% | Added |
| Rockefeller Capital Management L.P. | 1,128,576 | $130.2M | 0.29% | +507,221+81.6% | Added |
| Scotia Capital Inc. | 1,115,494 | $128.6M | 0.61% | +31,270+2.9% | Added |