Shopify Inc.

SHOP

Exchange: Nasdaq
Industry: Services-Prepackaged Software
SEC CIK: 0001594805

SEC filings (opens in a new tab)

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, Q3 2025

Institutional positions in Shopify Inc. as of Sep 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: 1,718; +194 vs. Q2 2025
Shares held: 829.8M; +2.07M (+0.3%) vs. Q2 2025
Total value: $123.4B; +$27.9B (+29.2%) vs. Q2 2025
New holders: 276; 560 more added
Sold out: 82; 621 more reduced

31 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 1,718 institutions

Value heldQ3 2025: $123.4B

Institutions holding SHOP and their total value by quarter
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, Q3 2025

Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q2 2025.

Institutions holding SHOP in Q3 2025
Institution	Shares	Value	% of portfolio	Change in shares	Action
REAP Financial Group, LLC	1	$149	0.00%	−179−99.4%	Reduced
High Note Wealth, LLC	1	$149	0.00%	−3−75.0%	Reduced
Rakuten Securities, Inc.	1	$149	0.00%	00.0%	Unchanged
Grey Fox Wealth Advisors, LLC	2	$297	0.00%	+2	New
Stephens Consulting, LLC	2	$298	0.00%	+2	New
Godsey & Gibb Associates	3	$446	0.00%	00.0%	Unchanged
Albion Financial Group	3	$446	0.00%	00.0%	Unchanged
Frazier Financial Advisors, LLC	6	$892	0.00%	+6	New
PayPay Securities Corp	7	$972	0.03%	+1+16.7%	Added
Blume Capital Management, Inc.	8	$1.19K	0.00%	−5−38.5%	Reduced
Berkshire Capital Holdings Inc	10	$1.49K	0.00%	00.0%	Unchanged
Nisa Investment Advisors, LLC	10	$1.49K	0.00%	+10	New
Accordant Advisory Group Inc	10	$1.49K	0.00%	00.0%	Unchanged
New England Capital Financial Advisors LLC	11	$1.64K	0.00%	00.0%	Unchanged
Cheviot Value Management, LLC	10	$1.79K	0.00%	00.0%	Unchanged
Security National Bank	14	$2.08K	0.00%	+14	New
Salomon & Ludwin, LLC	16	$2.58K	0.00%	−300−94.9%	Reduced
Pacific Center for Financial Services	18	$2.67K	0.00%	00.0%	Unchanged
Private Wealth Asset Management, LLC	18	$2.67K	0.00%	00.0%	Unchanged
Caldwell Sutter Capital, Inc.	20	$2.97K	0.00%	00.0%	Unchanged
Duncker Streett & Co Inc	20	$2.97K	0.00%	00.0%	Unchanged
American Capital Advisory, LLC	20	$2.97K	0.00%	00.0%	Unchanged
Retirement Wealth Solutions LLC	22	$3.27K	0.00%	−3−12.0%	Reduced
Palisade Asset Management, LLC	24	$3.57K	0.00%	+24	New
Essential Partners LLC	25	$3.71K	0.00%	+25	New
Roble, Belko & Company, Inc	30	$4.00K	0.00%	00.0%	Unchanged
Marshall & Sterling Wealth Advisors Inc.	28	$4.16K	0.00%	−5−15.2%	Reduced
Winch Advisory Services, LLC	29	$4.31K	0.00%	+10+52.6%	Added
Fourth Dimension Wealth, LLC	30	$4.46K	0.00%	00.0%	Unchanged
Central Trust Co	30	$4.46K	0.00%	−882−96.7%	Reduced
Prestige Wealth Management Group LLC	30	$4.46K	0.00%	00.0%	Unchanged
Maseco LLP	30	$4.46K	0.00%	00.0%	Unchanged
Granite FO LLC	33	$4.90K	0.00%	00.0%	Unchanged
Atlantic Private Wealth, LLC	34	$5.07K	0.00%	00.0%	Unchanged
Beaird Harris Wealth Management, LLC	34	$5.10K	0.00%	+14+70.0%	Added
Front Row Advisors LLC	35	$5.20K	0.00%	+35	New
Legacy Wealth Managment, LLC	36	$5.35K	0.00%	+20+125.0%	Added
Wealth Watch Advisors, INC	36	$5.35K	0.00%	+36	New
City Holding Co	38	$5.65K	0.00%	+38	New
Cornerstone Planning Group LLC	250	$5.88K	0.00%	+128+104.9%	Added
Bruce G. Allen Investments, LLC	40	$5.94K	0.00%	−4−9.1%	Reduced
NBT Bank N A	149	$5.94K	0.00%	+109+272.5%	Added
Atwood & Palmer Inc	40	$5.95K	0.00%	00.0%	Unchanged
Vision Financial Markets LLC	40	$5.95K	0.01%	00.0%	Unchanged
TCTC Holdings, LLC	42	$6.24K	0.00%	00.0%	Unchanged
Vermillion Wealth Management, Inc.	42	$6.24K	0.00%	00.0%	Unchanged
Raffa Wealth Management, LLC	44	$6.54K	0.00%	−17−27.9%	Reduced
Financially Speaking Inc	44	$6.54K	0.00%	00.0%	Unchanged
Webster Bank, N. A.	49	$7.28K	0.00%	00.0%	Unchanged
Perkins Coie Trust Co	50	$7.43K	0.00%	+50	New
Tower View Investment Management & Research LLC	50	$7.43K	0.00%	00.0%	Unchanged
Missouri Trust & Investment Co	50	$7.43K	0.00%	00.0%	Unchanged
New Millennium Group LLC	50	$7.43K	0.00%	+50	New
Evergreen Private Wealth LLC	50	$7.43K	0.00%	+50	New
Bear Mountain Capital, Inc.	54	$8.82K	0.00%	+4+8.0%	Added
True Wealth Design, LLC	62	$9.21K	0.00%	+46+287.5%	Added
MJT & Associates Financial Advisory Group, Inc.	63	$9.36K	0.01%	00.0%	Unchanged
Cranbrook Wealth Management, LLC	66	$9.81K	0.00%	00.0%	Unchanged
Bare Financial Services, Inc	67	$9.96K	0.00%	+17+34.0%	Added
Valley National Advisers Inc	73	$10.0K	0.00%	+23+46.0%	Added
Kilter Group LLC	68	$10.1K	0.00%	+22+47.8%	Added
Carolina Wealth Advisors, LLC	69	$10.3K	0.00%	00.0%	Unchanged
Roxbury Financial LLC	69	$10.3K	0.01%	00.0%	Unchanged
1620 Investment Advisors, Inc.	70	$10.4K	0.01%	−2−2.8%	Reduced
Center for Financial Planning, Inc.	70	$10.4K	0.00%	00.0%	Unchanged
Covestor Ltd	71	$11.0K	0.01%	+2+2.9%	Added
Country Trust Bank	78	$11.6K	0.00%	00.0%	Unchanged
Cedar Mountain Advisors, LLC	80	$11.9K	0.00%	−20−20.0%	Reduced
C M Bidwell & Associates Ltd	80	$11.9K	0.01%	00.0%	Unchanged
Fortitude Family Office, LLC	82	$12.2K	0.00%	00.0%	Unchanged
Guerra Advisors Inc	82	$12.3K	0.00%	+82	New
Heritage Wealth Advisors	85	$12.6K	0.00%	00.0%	Unchanged
Vermillion & White Wealth Management Group, LLC	85	$12.6K	0.01%	00.0%	Unchanged
Binnacle Investments Inc	89	$13.2K	0.01%	+16+21.9%	Added
Armstrong Advisory Group, Inc	90	$13.4K	0.00%	00.0%	Unchanged
BankPlus Trust Department	90	$13.4K	0.00%	00.0%	Unchanged
Proffitt & Goodson Inc	91	$13.5K	0.00%	+91	New
Flagship Wealth Advisors, LLC	93	$13.8K	0.00%	+93	New
Painted Porch Advisors LLC	95	$14.1K	0.01%	00.0%	Unchanged
Motco	96	$14.3K	0.00%	+71+284.0%	Added
HighMark Wealth Management LLC	97	$14.4K	0.01%	−281−74.3%	Reduced
Legacy Bridge, LLC	98	$14.6K	0.01%	00.0%	Unchanged
Hager Investment Management Services, LLC	100	$14.9K	0.01%	00.0%	Unchanged
Dogwood Wealth Management LLC	100	$14.9K	0.01%	00.0%	Unchanged
Capital Analysts, LLC	102	$15.0K	0.00%	00.0%	Unchanged
Princeton Global Asset Management LLC	105	$15.6K	0.00%	00.0%	Unchanged
RMG Wealth Management LLC	100	$16.0K	0.00%	00.0%	Unchanged
Walleye Capital LLC	110	$16.3K	0.00%	−50,435−99.8%	Reduced
Red Tortoise LLC	110	$16.3K	0.01%	00.0%	Unchanged
Hanson & Doremus Investment Management	114	$17.0K	0.00%	+114	New
Sound Income Strategies, LLC	108	$17.7K	0.00%	00.0%	Unchanged
Fairscale Capital, LLC	120	$17.8K	0.01%	00.0%	Unchanged
Edmond de Rothschild Holding S.A.	121	$18.0K	0.00%	00.0%	Unchanged
Glen Eagle Advisors, LLC	122	$18.1K	0.00%	00.0%	Unchanged
Horizon Financial Services, LLC	123	$18.3K	0.01%	+93+310.0%	Added
Gould Capital, LLC	125	$18.6K	0.01%	00.0%	Unchanged
Smithfield Trust Co	126	$19.0K	0.00%	00.0%	Unchanged
Bell Investment Advisors, Inc	129	$19.2K	0.00%	−49−27.5%	Reduced
Hartford Financial Management Inc.	136	$20.2K	0.01%	00.0%	Unchanged
Imprint Wealth LLC	138	$20.5K	0.07%	+138	New