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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, 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.

Institutional holdersQ2 2025: 1,555 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 heldQ2 2025: $97.4B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q1 2025.

Institutions holding SHOP in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Ameriprise Financial Inc2,753,899$318.9M0.08%−61,143−2.2%Reduced
Deutsche Bank AG2,857,511$329.6M0.12%+882,985+44.7%Added
Mirova US LLC3,024,755$348.9M3.61%+990,596+48.7%Added
1832 Asset Management L.P.3,108,563$358.6M0.62%+1,306,333+72.5%Added
Wells Fargo & Company3,316,117$382.5M0.08%+436,473+15.2%Added
Bank of Nova Scotia3,663,351$422.4M0.87%−113,469−3.0%Reduced
Swiss National Bank3,700,900$425.2M0.25%+249,200+7.2%Added
Bank of New York Mellon Corp3,769,075$434.8M0.08%+407,911+12.1%Added
CIBC Asset Management Inc4,251,226$491.3M1.54%−32,755−0.8%Reduced
Durable Capital Partners LP4,543,835$524.1M3.97%+268,016+6.3%Added
Massachusetts Financial Services Co4,563,693$526.4M0.17%−1,085,469−19.2%Reduced
Janus Henderson Group PLC4,916,681$567.1M0.28%+755,560+18.2%Added
Nikko Asset Management Americas, Inc.5,013,998$578.0M5.77%+30,649+0.6%Added
ARK Investment Management LLCSuperinvestorARK Invest5,049,508$582.5M4.27%+605,283+13.6%Added
Jarislowsky, Fraser Ltd5,082,979$585.1M3.34%+1,083,169+27.1%Added
Clearbridge Investments, LLC5,163,273$595.6M0.48%+177,434+3.6%Added
Sumitomo Mitsui Trust Holdings, Inc.5,231,257$603.4M0.38%+218,829+4.4%Added
Canada Pension Plan Investment Board5,280,409$609.4M0.52%−663,000−11.2%Reduced
Manufacturers Life Insurance Company, The5,488,562$630.7M0.56%−679,220−11.0%Reduced
Alliancebernstein L.P.5,500,179$634.4M0.21%−54,241−1.0%Reduced
Legal & General Group Plc5,927,917$682.4M0.17%−73,012−1.2%Reduced
Newlands Management Operations LLC6,325,050$729.6M3.85%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.6,375,619$735.3M2.59%−227,145−3.4%Reduced
Artisan Partners Limited Partnership7,341,843$846.9M1.26%−460,362−5.9%Reduced
CIBC World Markets Inc.7,367,819$849.9M1.88%−660,670−8.2%Reduced
Sands Capital Management, LLC7,492,615$864.3M2.48%−4,653,206−38.3%Reduced
BlackRock, Inc.8,010,064$924.0M0.02%+1,744,049+27.8%Added
TD Asset Management Inc8,409,674$968.1M0.83%−400,109−4.5%Reduced
Nuveen, LLC8,918,418$1.03B0.28%+1,910,729+27.3%Added
Mackenzie Financial Corp9,291,485$1.07B1.39%+642,751+7.4%Added
Goldman Sachs Group Inc9,315,911$1.07B0.17%+2,456,048+35.8%Added
Wellington Management Group LLP9,557,472$1.10B0.20%+1,075,991+12.7%Added
Edgewood Management LLC9,558,067$1.10B3.51%+911,908+10.5%Added
Capital Research Global Investors9,857,851$1.14B0.23%−13,434,719−57.7%Reduced
Invesco Ltd.9,967,046$1.15B0.20%+5,927,567+146.7%Added
Franklin Resources Inc10,301,811$1.19B0.32%−298,453−2.8%Reduced
National Bank of Canada10,449,899$1.20B1.30%+1,269,554+13.8%Added
Geode Capital Management, LLC10,731,795$1.25B0.09%+1,781,530+19.9%Added
Bank of Montreal11,334,086$1.31B0.66%+567,312+5.3%Added
Bank of America Corp11,461,378$1.32B0.11%+2,052,302+21.8%Added
Jennison Associates LLC11,519,610$1.33B0.79%+6,238,829+118.1%Added
Arrowstreet Capital, Limited Partnership11,896,793$1.37B0.97%−4,235,134−26.3%Reduced
Loomis Sayles & Co L P14,622,787$1.69B2.11%+191,824+1.3%Added
Polen Capital Management LLC14,690,160$1.69B5.20%−579,915−3.8%Reduced
Norges Bank15,559,887$1.79B0.22%+1,006,085+6.9%Added
FIL Ltd19,126,979$2.21B1.89%+2,170,975+12.8%Added
Royal Bank of Canada21,269,888$2.45B0.48%+1,724,312+8.8%Added
JPMorgan Chase & Co28,559,514$3.29B0.23%+448,643+1.6%Added
Morgan Stanley29,332,704$3.38B0.22%−707,991−2.4%Reduced
Price T Rowe Associates Inc31,673,935$3.65B0.41%−2,335,031−6.9%Reduced
Baillie Gifford & Co37,748,072$4.35B3.25%−18,129,676−32.4%Reduced
Capital International Investors40,056,659$4.62B0.80%+4,738,141+13.4%Added
FMR LLC45,203,978$5.21B0.29%−4,035,741−8.2%Reduced
Vanguard Group Inc49,316,695$5.69B0.09%+1,354,415+2.8%Added
Capital World Investors57,977,406$6.69B0.97%+5,875,563+11.3%Added
Scge Management, L.P.0$00.00%−3,386,000−100.0%Sold out
HRT Financial LP0$00.00%−3,198,624−100.0%Sold out
Millennium Management LLC0$00.00%−2,539,108−100.0%Sold out
Public Investment Fund0$00.00%−1,250,000−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−676,559−100.0%Sold out
Renaissance Technologies LLC0$00.00%−493,400−100.0%Sold out
Benchstone Capital Management LP0$00.00%−228,782−100.0%Sold out
Capital Fund Management S.A.0$00.00%−225,830−100.0%Sold out
Nicola Wealth Management Ltd.0$00.00%−216,383−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−200,839−100.0%Sold out
Calamos Advisors LLC0$00.00%−179,395−100.0%Sold out
Ogborne Capital Management, LLC0$00.00%−175,000−100.0%Sold out
Marsico Capital Management LLC0$00.00%−162,557−100.0%Sold out
Granite Investment Partners, LLC0$00.00%−148,679−100.0%Sold out
Citadel Advisors LLC0$00.00%−136,740−100.0%Sold out
Walleye Trading LLC0$00.00%−127,248−100.0%Sold out
Long Walk Management LP0$00.00%−103,250−100.0%Sold out
BOCHK Asset Management Ltd0$00.00%−99,100−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−93,782−100.0%Sold out
Jain Global LLC0$00.00%−88,241−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−86,063−100.0%Sold out
Tairen Capital Ltd0$00.00%−72,200−100.0%Sold out
Financial Counselors Inc0$00.00%−64,058−100.0%Sold out
Napean Trading & Investment Co (Singapore) PTE Ltd0$00.00%−60,816−100.0%Sold out
XTX Topco Ltd0$00.00%−59,800−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−55,611−100.0%Sold out
CTC LLC0$00.00%−52,361−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−45,000−100.0%Sold out
Parsons Capital Management Inc0$00.00%−41,475−100.0%Sold out
United Services Automobile Association0$00.00%−40,327−100.0%Sold out
AMJ Financial Wealth Management0$00.00%−39,999−100.0%Sold out
Baer Investment Advisory LLC0$00.00%−31,684−100.0%Sold out
Dynasty Wealth Management, LLC0$00.00%−30,797−100.0%Sold out
Alpine Global Management, LLC0$00.00%−30,670−100.0%Sold out
Grantham, Mayo, Van Otterloo & Co. LLC0$00.00%−30,100−100.0%Sold out
Weiss Asset Management LP0$00.00%−29,688−100.0%Sold out
Anthracite Investment Company, Inc.0$00.00%−28,000−100.0%Sold out
Laurion Capital Management LP0$00.00%−27,500−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−26,035−100.0%Sold out
Arrowpoint Investment Partners (Singapore) Pte. Ltd.0$00.00%−25,639−100.0%Sold out
Night Squared LP0$00.00%−24,590−100.0%Sold out
Avanza Fonder AB0$00.00%−22,347−100.0%Sold out
Highview Capital Management LLC0$00.00%−17,491−100.0%Sold out
Capital Wealth Planning, LLC0$00.00%−15,041−100.0%Sold out
Bouvel Investment Partners, LLC0$00.00%−17,376−100.0%Sold out