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, 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.
| 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.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Dixon Mitchell Investment Counsel Inc. | 78,794 | $11.7M | 0.42% | +2,487+3.3% | Added |
| VestGen Advisors, LLC | 79,431 | $11.8M | 0.39% | +41,842+111.3% | Added |
| MMBG Investment Advisors Co. | 79,688 | $11.8M | 1.05% | −10,177−11.3% | Reduced |
| Walleye Trading LLC | 80,018 | $11.9M | 0.19% | +80,018 | New |
| Bellecapital International Ltd. | 80,794 | $12.0M | 1.94% | −893−1.1% | Reduced |
| Capital Group Investment Management Pte. Ltd. | 81,154 | $12.1M | 2.02% | −6,804−7.7% | Reduced |
| Schonfeld Strategic Advisors LLC | 81,917 | $12.2M | 0.08% | +81,917 | New |
| Ardsley Advisory Partners LP | 83,200 | $12.4M | 1.90% | +23,800+40.1% | Added |
| EULAV Asset Management | 84,000 | $12.5M | 0.29% | 00.0% | Unchanged |
| Candriam Luxembourg S.C.A. | 84,282 | $12.5M | 0.07% | +74,275+742.2% | Added |
| Norden Group LLC | 84,468 | $12.6M | 1.28% | +47,093+126.0% | Added |
| Andra AP-fonden | 61,100 | $12.6M | 0.16% | −98,600−61.7% | Reduced |
| Rafferty Asset Management, LLC | 85,402 | $12.7M | 0.04% | −25,299−22.9% | Reduced |
| Capital Group Private Client Services, Inc. | 85,475 | $12.7M | 0.21% | −164,281−65.8% | Reduced |
| Nomura Asset Management Co Ltd | 85,596 | $12.7M | 0.03% | −264−0.3% | Reduced |
| Gulf International Bank (UK) Ltd | 61,642 | $12.7M | 0.42% | −159−0.3% | Reduced |
| Omers Administration Corp | 86,244 | $12.8M | 0.09% | −18,696−17.8% | Reduced |
| Tiaa Trust, National Association | 86,348 | $12.8M | 0.03% | +82,176+1,969.7% | Added |
| Kestra Advisory Services, LLC | 86,764 | $12.9M | 0.06% | +1,297+1.5% | Added |
| Tower Research Capital LLC (TRC) | 86,813 | $12.9M | 0.36% | +59,462+217.4% | Added |
| Ariose Capital Management Ltd | 87,200 | $13.0M | 4.35% | +87,200 | New |
| Equitable Holdings, Inc. | 88,173 | $13.1M | 0.10% | +2,161+2.5% | Added |
| Advisory Services Network, LLC | 88,198 | $13.1M | 0.19% | +15,264+20.9% | Added |
| Profund Advisors LLC | 88,235 | $13.1M | 0.43% | −2,378−2.6% | Reduced |
| Louisiana State Employees Retirement System | 89,000 | $13.2M | 0.22% | −100−0.1% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 89,365 | $13.3M | 0.03% | −1,251,248−93.3% | Reduced |
| Tairen Capital Ltd | 89,700 | $13.3M | 1.44% | +89,700 | New |
| Sustainable Growth Advisers, LP | 90,842 | $13.5M | 0.08% | −37,820−29.4% | Reduced |
| Marsico Capital Management LLC | 91,627 | $13.6M | 0.35% | +91,627 | New |
| Aristotle Atlantic Partners, LLC | 93,741 | $13.9M | 0.40% | +93,741 | New |
| Lombard Odier Asset Management (Switzerland) SA | 40,668 | $14.0M | 0.65% | +307+0.8% | Added |
| Pacer Advisors, Inc. | 95,173 | $14.1M | 0.04% | −4,838−4.8% | Reduced |
| Mane Global Capital Management LP | 96,500 | $14.3M | 0.67% | +96,500 | New |
| Thoroughbred Financial Services, LLC | 96,653 | $14.4M | 0.89% | −1,156−1.2% | Reduced |
| Covenant Asset Management, LLC | 96,987 | $14.4M | 2.72% | −569−0.6% | Reduced |
| Harvest Portfolios Group Inc. | 97,669 | $14.5M | 0.27% | +97,669 | New |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 99,739 | $14.8M | 0.01% | +2,006+2.1% | Added |
| Bornite Capital Management LP | 100,000 | $14.9M | 1.38% | +100,000 | New |
| La Banque Postale Asset Management SA | 100,268 | $14.9M | 0.18% | −47,525−32.2% | Reduced |
| Louisbourg Investments Inc. | 101,446 | $15.1M | 3.29% | −6,841−6.3% | Reduced |
| Acadian Asset Management LLC | 101,613 | $15.1M | 0.03% | −96,783−48.8% | Reduced |
| Skye Global Management LP | 102,000 | $15.2M | 0.31% | +33,500+48.9% | Added |
| Markel Group Inc.SuperinvestorMarkel Group | 102,750 | $15.3M | 0.12% | 00.0% | Unchanged |
| Man Group plc | 103,472 | $15.4M | 0.03% | +21,639+26.4% | Added |
| Asset Management One Co.,Ltd. | 105,719 | $15.7M | 0.05% | +3,818+3.7% | Added |
| Sierra Summit Advisors LLC | 105,986 | $15.8M | 2.40% | +2,015+1.9% | Added |
| NorthCrest Asset Manangement, LLC | 98,439 | $15.9M | 0.38% | +2,012+2.1% | Added |
| Oddo BHF Asset Management SAS | 108,400 | $16.1M | 0.61% | −3,415−3.1% | Reduced |
| Tocqueville Asset Management L.P. | 109,634 | $16.3M | 0.24% | −500.0% | Reduced |
| Yarbrough Capital, LLC | 110,020 | $16.4M | 0.51% | 00.0% | Unchanged |
| Baltimore-Washington Financial Advisors, Inc. | 110,104 | $16.4M | 0.70% | +6,420+6.2% | Added |
| Jones Financial Companies LLLP | 116,880 | $16.4M | 0.01% | +21,468+22.5% | Added |
| Lazard Asset Management LLC | 111,761 | $16.6M | 0.02% | +106,405+1,986.7% | Added |
| Lido Advisors, LLC | 112,587 | $16.7M | 0.07% | +37,456+49.9% | Added |
| Carnegie Capital Asset Management, LLC | 116,103 | $17.3M | 0.33% | +4,410+3.9% | Added |
| Cerity Partners LLC | 116,464 | $17.3M | 0.03% | +6,009+5.4% | Added |
| Van Eck Associates Corp | 116,742 | $17.3M | 0.02% | −7,892−6.3% | Reduced |
| State of Michigan Retirement System | 117,200 | $17.4M | 0.08% | 00.0% | Unchanged |
| CI Private Wealth, LLC | 119,377 | $17.5M | 0.03% | +34,536+40.7% | Added |
| Texas Yale Capital Corp. | 117,792 | $17.5M | 0.55% | 00.0% | Unchanged |
| Parallax Volatility Advisers, L.P. | 117,919 | $17.5M | 0.52% | +95,492+425.8% | Added |
| Parkwood LLC | 119,027 | $17.7M | 1.72% | +119,027 | New |
| Mediolanum International Funds Ltd | 119,719 | $17.8M | 0.19% | +9,742+8.9% | Added |
| The PNC Financial Services Group, Inc. | 121,232 | $18.0M | 0.01% | −186−0.2% | Reduced |
| Nepsis, Inc. | 121,994 | $18.1M | 5.75% | −18,475−13.2% | Reduced |
| Meridian Wealth Management, LLC | 123,675 | $18.4M | 0.70% | +838+0.7% | Added |
| Ithaka Group LLC | 125,364 | $18.6M | 3.18% | −93−0.1% | Reduced |
| CMT Capital Markets Trading GmbH | 127,250 | $18.9M | 7.86% | −32,250−20.2% | Reduced |
| Cresset Asset Management, LLC | 128,973 | $19.2M | 0.08% | +3,133+2.5% | Added |
| Genus Capital Management Inc. | 129,743 | $19.3M | 2.24% | −14,342−10.0% | Reduced |
| Telemark Asset Management, LLC | 130,000 | $19.3M | 1.83% | +30,000+30.0% | Added |
| Agf Management Ltd | 129,131 | $19.3M | 0.09% | −42,396−24.7% | Reduced |
| SG Americas Securities, LLC | 131,594 | $19.6M | 0.07% | −45,632−25.7% | Reduced |
| Oribel Capital Management, LP | 132,300 | $19.7M | 2.30% | +132,300 | New |
| BI Asset Management Fondsmaeglerselskab A/S | 132,396 | $19.7M | 0.18% | −99,343−42.9% | Reduced |
| Vestmark Advisory Solutions, Inc. | 132,672 | $19.7M | 0.38% | −109,793−45.3% | Reduced |
| Science & Technology Partners, L.P. | 133,739 | $19.9M | 5.64% | +130,239+3,721.1% | Added |
| Shelton Capital Management | 134,571 | $20.0M | 0.43% | −3,071−2.2% | Reduced |
| Utah Retirement Systems | 135,481 | $20.1M | 0.20% | +244+0.2% | Added |
| Henry James International Management, Inc. | 135,581 | $20.1M | 6.16% | −2,028−1.5% | Reduced |
| Dash Acquisitions Inc. | 113,401 | $20.3M | 4.03% | −2,082−1.8% | Reduced |
| Nomura Holdings Inc | 138,288 | $20.6M | 0.09% | +125,338+967.9% | Added |
| Glenmede Investment Management, LP | 139,027 | $20.7M | 0.10% | −43,297−23.7% | Reduced |
| Generali Asset Management SPA SGR | 100,145 | $20.7M | 0.44% | +6,641+7.1% | Added |
| Thornburg Investment Management Inc | 141,135 | $21.0M | 0.27% | −31,551−18.3% | Reduced |
| iA Global Asset Management Inc. | 141,324 | $21.0M | 0.29% | +6,414+4.8% | Added |
| Qube Research & Technologies Ltd | 145,604 | $21.6M | 0.03% | −66,938−31.5% | Reduced |
| Apollon Wealth Management, LLC | 147,192 | $21.9M | 0.39% | +21,603+17.2% | Added |
| Gryphon Financial Partners LLC | 147,556 | $21.9M | 2.50% | +2,174+1.5% | Added |
| One Madison Group LLC | 148,000 | $22.0M | 2.41% | −132,000−47.1% | Reduced |
| Investment Management Corp of Ontario | 149,437 | $22.2M | 0.34% | −51,320−25.6% | Reduced |
| Welch & Forbes LLC | 150,548 | $22.4M | 0.27% | +4,432+3.0% | Added |
| Ossiam | 154,836 | $23.0M | 0.30% | +99,755+181.1% | Added |
| Baird Financial Group, Inc. | 155,174 | $23.1M | 0.04% | +46,247+42.5% | Added |
| Davy Global Fund Management Ltd | 158,514 | $23.6M | 1.60% | +62,743+65.5% | Added |
| Harvest Fund Management Co., Ltd | 158,836 | $23.6M | 1.00% | +86,667+120.1% | Added |
| Quantinno Capital Management LP | 159,606 | $23.7M | 0.06% | +52,373+48.8% | Added |
| Wealth Enhancement Advisory Services, LLC | 147,103 | $23.7M | 0.04% | −10,310−6.5% | Reduced |
| Arthedge Capital Management, LLC | 160,000 | $23.8M | 16.04% | −28,000−14.9% | Reduced |
| D.A. Davidson & Co. | 161,391 | $24.0M | 0.15% | +179+0.1% | Added |