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 |
|---|---|---|---|---|---|
| Northwestern Mutual Wealth Management Co | 184,321 | $21.3M | 0.02% | +4,563+2.5% | Added |
| Assetmark, Inc | 182,916 | $21.1M | 0.05% | +89,476+95.8% | Added |
| Glenmede Investment Management, LP | 182,324 | $21.0M | 0.11% | +182,324 | New |
| Varma Mutual Pension Insurance Co | 180,158 | $20.7M | 0.15% | −200−0.1% | Reduced |
| Intech Investment Management LLC | 178,264 | $20.5M | 0.19% | +21,250+13.5% | Added |
| HighTower Advisors, LLC | 177,586 | $20.5M | 0.03% | +119+0.1% | Added |
| SG Americas Securities, LLC | 177,226 | $20.4M | 0.09% | +57,167+47.6% | Added |
| Agf Management Ltd | 171,527 | $19.9M | 0.09% | −832,344−82.9% | Reduced |
| Thornburg Investment Management Inc | 172,686 | $19.9M | 0.26% | +29,289+20.4% | Added |
| Perpetual Ltd | 172,280 | $19.9M | 0.23% | −749−0.4% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 169,182 | $19.5M | 0.08% | 00.0% | Unchanged |
| Maryland State Retirement & Pension System | 165,345 | $19.1M | 0.42% | −5,416−3.2% | Reduced |
| Lyell Wealth Management, LP | 164,816 | $19.0M | 1.50% | +4,558+2.8% | Added |
| Thompson Siegel & Walmsley LLC | 162,940 | $18.8M | 0.32% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 161,212 | $18.6M | 0.13% | +81,933+103.3% | Added |
| MML Investors Services, LLC | 160,759 | $18.5M | 0.05% | −9,146−5.4% | Reduced |
| CMT Capital Markets Trading GmbH | 159,500 | $18.4M | 8.86% | +156,053+4,527.2% | Added |
| Wealth Enhancement Advisory Services, LLC | 157,413 | $18.3M | 0.03% | +3,140+2.0% | Added |
| Nissay Asset Management Corp | 157,470 | $18.2M | 0.11% | +157,470 | New |
| O'Shaughnessy Asset Management, LLC | 150,584 | $17.4M | 0.12% | −18,622−11.0% | Reduced |
| Colony Group, LLC | 150,528 | $17.4M | 0.04% | −138,194−47.9% | Reduced |
| Twin Tree Management, LP | 149,437 | $17.2M | 0.43% | −75,757−33.6% | Reduced |
| Sanctuary Advisors, LLC | 149,283 | $17.2M | 0.11% | −1,267−0.8% | Reduced |
| La Banque Postale Asset Management SA | 147,793 | $17.0M | 0.24% | −40,000−21.3% | Reduced |
| Welch & Forbes LLC | 146,116 | $16.9M | 0.21% | +2,515+1.8% | Added |
| Gryphon Financial Partners LLC | 145,382 | $16.8M | 2.19% | −190.0% | Reduced |
| Genus Capital Management Inc. | 144,085 | $16.6M | 2.11% | +9,280+6.9% | Added |
| Pathstone Holdings, LLC | 142,237 | $16.4M | 0.06% | −99,332−41.1% | Reduced |
| Nepsis, Inc. | 140,469 | $16.2M | 4.51% | −35,237−20.1% | Reduced |
| Swiss Life Asset Management Ltd | 139,805 | $16.1M | 0.10% | +10,776+8.4% | Added |
| Congress Wealth Management LLC | 139,613 | $16.1M | 0.16% | +5,968+4.5% | Added |
| Shelton Capital Management | 137,642 | $15.9M | 0.37% | +137,642 | New |
| Henry James International Management, Inc. | 137,609 | $15.9M | 5.22% | −20,700−13.1% | Reduced |
| Kinetic Partners Management, LP | 137,526 | $15.9M | 0.87% | +45,726+49.8% | Added |
| Utah Retirement Systems | 135,237 | $15.6M | 0.16% | 00.0% | Unchanged |
| iA Global Asset Management Inc. | 134,910 | $15.6M | 0.23% | +134,910 | New |
| Triasima Portfolio Management inc. | 134,249 | $15.5M | 2.82% | −22,550−14.4% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 131,819 | $15.2M | 0.02% | −70,507−34.8% | Reduced |
| Sustainable Growth Advisers, LP | 128,662 | $14.8M | 0.08% | +13,577+11.8% | Added |
| Generali Asset Management SPA SGR | 93,504 | $14.7M | 0.33% | +714+0.8% | Added |
| Cresset Asset Management, LLC | 125,840 | $14.5M | 0.07% | +10,072+8.7% | Added |
| Apollon Wealth Management, LLC | 125,589 | $14.5M | 0.29% | +400.0% | Added |
| Ithaka Group LLC | 125,457 | $14.5M | 2.48% | +35,538+39.5% | Added |
| Van Eck Associates Corp | 124,634 | $14.4M | 0.02% | −53,226−29.9% | Reduced |
| Meridian Wealth Management, LLC | 122,837 | $14.2M | 0.60% | −693−0.6% | Reduced |
| Dash Acquisitions Inc. | 115,483 | $14.1M | 2.99% | +1,625+1.4% | Added |
| The PNC Financial Services Group, Inc. | 121,418 | $14.0M | 0.01% | +6,739+5.9% | Added |
| GF Fund Management Co. Ltd. | 120,000 | $13.8M | 0.28% | +120,000 | New |
| Texas Yale Capital Corp. | 117,792 | $13.6M | 0.45% | +809+0.7% | Added |
| Public Sector Pension Investment Board | 117,845 | $13.6M | 0.06% | +500+0.4% | Added |
| State of Michigan Retirement System | 117,200 | $13.5M | 0.07% | 00.0% | Unchanged |
| Robeco Institutional Asset Management B.V. | 116,912 | $13.5M | 0.02% | −72,500−38.3% | Reduced |
| Caxton Associates LLP | 115,000 | $13.3M | 0.34% | +115,000 | New |
| Oddo BHF Asset Management SAS | 111,815 | $12.9M | 0.49% | −16,831−13.1% | Reduced |
| Carnegie Capital Asset Management, LLC | 111,693 | $12.9M | 0.26% | +863+0.8% | Added |
| Rafferty Asset Management, LLC | 110,701 | $12.8M | 0.04% | +110,701 | New |
| Cerity Partners LLC | 110,455 | $12.7M | 0.02% | +12,510+12.8% | Added |
| Yarbrough Capital, LLC | 110,020 | $12.7M | 0.45% | 00.0% | Unchanged |
| Tocqueville Asset Management L.P. | 109,684 | $12.7M | 0.19% | −2,173−1.9% | Reduced |
| Baird Financial Group, Inc. | 108,927 | $12.6M | 0.02% | +1,166+1.1% | Added |
| Mediolanum International Funds Ltd | 109,977 | $12.5M | 0.15% | −22,932−17.3% | Reduced |
| Verition Fund Management LLC | 108,554 | $12.5M | 0.07% | +74,271+216.6% | Added |
| Louisbourg Investments Inc. | 108,287 | $12.5M | 2.94% | −1,440−1.3% | Reduced |
| Quantinno Capital Management LP | 107,233 | $12.4M | 0.05% | +2,238+2.1% | Added |
| BIT Capital GmbH | 107,029 | $12.3M | 0.80% | +107,029 | New |
| Omers Administration Corp | 104,940 | $12.1M | 0.10% | −10,720−9.3% | Reduced |
| Sierra Summit Advisors LLC | 103,971 | $12.0M | 2.14% | +103,971 | New |
| Baltimore-Washington Financial Advisors, Inc. | 103,684 | $12.0M | 0.56% | +17,222+19.9% | Added |
| Markel Group Inc.SuperinvestorMarkel Group | 102,750 | $11.9M | 0.10% | 00.0% | Unchanged |
| Asset Management One Co.,Ltd. | 101,901 | $11.8M | 0.04% | +2,517+2.5% | Added |
| Pacer Advisors, Inc. | 100,011 | $11.5M | 0.03% | +89,139+819.9% | Added |
| Telemark Asset Management, LLC | 100,000 | $11.5M | 1.22% | +100,000 | New |
| Thoroughbred Financial Services, LLC | 97,809 | $11.3M | 0.79% | −16,378−14.3% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 97,733 | $11.3M | 0.01% | +95,383+4,058.9% | Added |
| Covenant Asset Management, LLC | 97,556 | $11.3M | 2.31% | +1,144+1.2% | Added |
| NorthCrest Asset Manangement, LLC | 96,427 | $11.2M | 0.30% | −803−0.8% | Reduced |
| Mercer Global Advisors Inc | 95,987 | $11.1M | 0.02% | +40,736+73.7% | Added |
| Davy Global Fund Management Ltd | 95,771 | $11.0M | 0.98% | +58,384+156.2% | Added |
| Jones Financial Companies LLLP | 95,412 | $10.8M | 0.01% | +22,379+30.6% | Added |
| Profund Advisors LLC | 90,613 | $10.5M | 0.38% | +90,613 | New |
| MMBG Investment Advisors Co. | 89,865 | $10.4M | 1.03% | −7,860−8.0% | Reduced |
| Louisiana State Employees Retirement System | 89,100 | $10.3M | 0.19% | +89,100 | New |
| Wesbanco Bank Inc | 89,094 | $10.3M | 0.30% | +1,125+1.3% | Added |
| Fundsmith Investment Services Ltd. | 88,177 | $10.2M | 0.14% | 00.0% | Unchanged |
| Capital Group Investment Management Pte. Ltd. | 87,958 | $10.1M | 1.81% | +3,284+3.9% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 87,475 | $10.1M | 0.05% | 00.0% | Unchanged |
| CIBC World Markets Corp | 86,761 | $10.0M | 0.07% | +86,761 | New |
| Equitable Holdings, Inc. | 86,012 | $9.92M | 0.08% | +12,979+17.8% | Added |
| Nomura Asset Management Co Ltd | 85,860 | $9.90M | 0.03% | +43,021+100.4% | Added |
| Two Sigma Investments, LP | 85,630 | $9.88M | 0.02% | +57,630+205.8% | Added |
| Kestra Advisory Services, LLC | 85,467 | $9.86M | 0.05% | +11,991+16.3% | Added |
| CI Private Wealth, LLC | 84,841 | $9.79M | 0.01% | +4,163+5.2% | Added |
| Brinker Capital Investments, LLC | 84,088 | $9.70M | 0.08% | +776+0.9% | Added |
| EULAV Asset Management | 84,000 | $9.69M | 0.23% | −11,000−11.6% | Reduced |
| Man Group plc | 81,833 | $9.44M | 0.02% | −6,160−7.0% | Reduced |
| Bellecapital International Ltd. | 81,687 | $9.42M | 1.67% | +8,699+11.9% | Added |
| Schroder Investment Management Group | 79,866 | $9.21M | 0.01% | −759,936−90.5% | Reduced |
| Group One Trading, L.P. | 79,545 | $9.18M | 0.30% | −1,545−1.9% | Reduced |
| Janney Capital Management LLC | 79,282 | $9.14M | 0.59% | +22,393+39.4% | Added |
| Advisory Services Network, LLC | 72,934 | $8.91M | 0.14% | −3,322−4.4% | Reduced |