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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
Great West Life Assurance Co1,092,876$126.0M0.20%+167,147+18.1%Added
Korea Investment CORP1,047,413$120.6M0.27%+31,830+3.1%Added
BNP Paribas Arbitrage, SA988,737$114.1M0.09%+956,944+3,009.9%Added
Addenda Capital Inc.715,742$112.4M4.03%−82,865−10.4%Reduced
Aviva PLC910,079$104.9M0.22%+61,358+7.2%Added
Congress Asset Management Co813,858$93.9M0.64%+65,663+8.8%Added
Alberta Investment Management Corp804,500$92.8M0.73%−1,246,077−60.8%Reduced
HSBC Holdings PLC774,951$89.5M0.06%+120,064+18.3%Added
State Street Corp773,343$89.2M0.00%+443,261+134.3%Added
CIBC Private Wealth Group, LLC762,930$88.0M0.16%+8,567+1.1%Added
Susquehanna International Group, LLP762,669$88.0M0.13%−125,167−14.1%Reduced
Bessemer Group Inc761,619$87.9M0.14%−297,966−28.1%Reduced
Axiom Investors LLC749,742$86.5M0.71%+394,337+111.0%Added
State of Tennessee, Treasury Department741,888$85.4M0.31%00.0%Unchanged
Allspring Global Investments Holdings, LLC673,947$75.9M0.13%+37,283+5.9%Added
Capital International Sarl651,320$75.1M1.44%+52,349+8.7%Added
AMF Pensionsforsakring AB626,550$72.3M0.48%+161,474+34.7%Added
APG Asset Management N.V.727,259$71.5M0.21%+684,898+1,616.8%Added
Capital International Inc618,941$71.4M0.69%−14,702−2.3%Reduced
TD Waterhouse Canada Inc.631,332$71.0M0.51%+98,927+18.6%Added
NZS Capital, LLC608,677$70.2M2.39%+77,115+14.5%Added
Marshall Wace, LLP599,948$69.2M0.08%−973,427−61.9%Reduced
Allen Investment Management LLC598,461$69.0M0.75%+82,127+15.9%Added
Fred Alger Management, LLC591,021$68.2M0.31%+591,021New
Dimensional Fund Advisors LP572,439$66.0M0.02%+5,050+0.9%Added
Zurcher Kantonalbank (Zurich Cantonalbank)565,784$65.3M0.16%+42,581+8.1%Added
Hillsdale Investment Management Inc.554,136$64.0M2.36%−66,693−10.7%Reduced
Victory Capital Management Inc536,624$61.9M0.04%+536,624New
DekaBank Deutsche Girozentrale524,986$60.5M0.11%+1,729+0.3%Added
Mitsubishi UFJ Trust & Banking Corp514,631$59.4M0.14%−302,459−37.0%Reduced
AXA S.A.503,660$58.1M0.17%+287,590+133.1%Added
Royal London Asset Management Ltd503,320$58.1M0.13%−867−0.2%Reduced
Stony Point Capital LLC501,641$57.9M4.57%+344,648+219.5%Added
Blair William & Co500,680$57.8M0.16%+4,852+1.0%Added
Erste Asset Management GmbH345,746$56.0M0.47%+128,310+59.0%Added
Mn Services Vermogensbeheer B.V.455,240$52.4M0.36%+13,600+3.1%Added
Ensign Peak Advisors, Inc430,851$49.7M0.09%−698,730−61.9%Reduced
Intact Investment Management Inc.430,694$49.7M1.68%+103,410+31.6%Added
Privium Fund Management B.V.430,000$49.0M10.57%+15,000+3.6%Added
Mirae Asset Global Investments Co., Ltd.423,295$48.8M0.17%+267,271+171.3%Added
Steadview Capital Management LLC420,859$48.5M7.01%00.0%Unchanged
Healthcare of Ontario Pension Plan Trust Fund418,943$48.3M0.10%+415,287+11,359.1%Added
Brown Capital Management LLC415,776$48.0M1.39%−7,943−1.9%Reduced
Allianz Asset Management GmbH413,424$47.6M0.06%−33,156−7.4%Reduced
Kayne Anderson Rudnick Investment Management LLC406,733$46.9M0.11%−15,225−3.6%Reduced
Capital International Ltd405,845$46.8M1.79%+15,679+4.0%Added
Oppenheimer Asset Management Inc.400,389$46.2M0.53%+35,113+9.6%Added
Commonwealth Equity Services, LLC399,263$46.1M0.06%−63,339−13.7%Reduced
Stifel Financial Corp395,806$45.7M0.04%+43,747+12.4%Added
Advisor Group Holdings, Inc.391,419$45.1M0.08%+21,025+5.7%Added
Principal Financial Group Inc387,595$44.7M0.02%+144,279+59.3%Added
Zurich Insurance Group Ltd386,544$44.6M0.34%+51,705+15.4%Added
Truist Financial Corp385,501$44.5M0.07%+18,354+5.0%Added
Soma Equity Partners LP373,675$43.1M2.40%−309,926−45.3%Reduced
Creative Planning366,476$42.3M0.04%+31,102+9.3%Added
Advisors Asset Management, Inc.360,915$41.6M0.75%−4,155−1.1%Reduced
Gavilan Investment Partners LLC330,000$38.1M9.15%00.0%Unchanged
Neuberger Berman Group LLC328,355$37.8M0.03%−150,484−31.4%Reduced
Ci Investments Inc.327,247$37.7M0.14%+1440.0%Added
Equitable Trust Co325,949$37.6M1.87%+79,327+32.2%Added
Kames Capital plc323,862$37.3M0.48%−4,231−1.3%Reduced
STRS Ohio321,177$37.0M0.14%+414+0.1%Added
D. E. Shaw & Co., Inc.319,351$36.8M0.04%+168,352+111.5%Added
Forsta Ap-Fonden319,700$36.8M0.24%−39,200−10.9%Reduced
Hantz Financial Services, Inc.301,443$34.8M0.56%−21,832−6.8%Reduced
Mariner, LLC300,762$34.7M0.05%+2,130+0.7%Added
Tremblant Capital Group300,687$34.7M3.35%+300,687New
Castleark Management LLC293,864$33.9M1.02%+15,948+5.7%Added
Huntington National Bank292,136$33.7M0.22%+416+0.1%Added
Guggenheim Capital LLC286,580$33.1M0.27%+279,915+4,199.8%Added
One Madison Group LLC280,000$32.3M3.41%+23,326+9.1%Added
New York State Common Retirement Fund271,669$31.3M0.04%−56,438−17.2%Reduced
Cornerstone Capital, Inc.270,918$31.3M3.27%−9,445−3.4%Reduced
Teachers Retirement System of the State of Kentucky268,754$31.0M0.25%−70,576−20.8%Reduced
Public Employees Retirement System of Ohio264,113$30.4M0.10%−330,331−55.6%Reduced
Lansforsakringar Fondforvaltning AB (publ)261,023$30.0M0.17%−8,821−3.3%Reduced
Liontrust Investment Partners LLP258,274$29.8M0.43%+179,457+227.7%Added
Capital Group Private Client Services, Inc.249,756$28.8M0.25%+107,292+75.3%Added
Cetera Investment Advisers242,505$28.0M0.05%−11,890−4.7%Reduced
Vestmark Advisory Solutions, Inc.242,465$28.0M0.40%+68,311+39.2%Added
BI Asset Management Fondsmaeglerselskab A/S231,739$26.7M0.26%+6,349+2.8%Added
Northwest & Ethical Investments L.P.221,168$25.4M0.63%+11,139+5.3%Added
Andra AP-fonden159,700$25.1M0.35%−5,000−3.0%Reduced
Marcho Partners LLP216,676$25.0M9.82%−34,571−13.8%Reduced
Qube Research & Technologies Ltd212,542$24.5M0.03%−2,155,089−91.0%Reduced
Trillium Asset Management, LLC210,722$24.3M0.65%−18,021−7.9%Reduced
NEOS Investment Management LLC206,686$23.8M0.30%+206,686New
AustralianSuper Pty Ltd203,016$23.4M0.12%+203,016New
Investment Management Corp of Ontario200,757$23.2M0.34%−65,663−24.6%Reduced
Daiwa Securities Group Inc.199,136$23.0M0.08%+133,270+202.3%Added
Aquatic Capital Management LLC198,876$22.9M0.46%+126,898+176.3%Added
Acadian Asset Management LLC198,396$22.9M0.05%+28,933+17.1%Added
Cambridge Investment Research Advisors, Inc.191,059$22.0M0.07%+7,292+4.0%Added
USS Investment Management Ltd190,758$22.0M0.14%+1,682+0.9%Added
Atria Investments LLC190,823$22.0M0.26%+13,303+7.5%Added
Baker Avenue Asset Management, LP190,077$21.9M0.62%−9,512−4.8%Reduced
Janney Montgomery Scott LLC189,070$21.8M0.06%+30,007+18.9%Added
Arthedge Capital Management, LLC188,000$21.7M14.98%00.0%Unchanged
AIA Group Ltd186,058$21.5M0.47%+16,174+9.5%Added
Ampersand Capital Group, L.P.184,763$21.3M10.60%+9,750+5.6%Added