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 |
|---|---|---|---|---|---|
| Nissay Asset Management Corp | 161,660 | $24.0M | 0.13% | +4,190+2.7% | Added |
| Daiwa Securities Group Inc. | 162,007 | $24.1M | 0.08% | −37,129−18.6% | Reduced |
| Thompson Siegel & Walmsley LLC | 162,040 | $24.1M | 0.39% | −900−0.6% | Reduced |
| MML Investors Services, LLC | 163,722 | $24.3M | 0.06% | +2,963+1.8% | Added |
| Pathstone Holdings, LLC | 164,004 | $24.4M | 0.09% | +21,767+15.3% | Added |
| Triasima Portfolio Management inc. | 164,310 | $24.4M | 3.69% | +30,061+22.4% | Added |
| Lyell Wealth Management, LP | 164,768 | $24.5M | 1.82% | −480.0% | Reduced |
| Swiss Life Asset Management Ltd | 166,613 | $24.8M | 0.13% | +26,808+19.2% | Added |
| Sanctuary Advisors, LLC | 168,453 | $25.0M | 0.14% | +19,170+12.8% | Added |
| Marcho Partners LLP | 169,561 | $25.2M | 10.12% | −47,115−21.7% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 172,131 | $25.6M | 0.10% | +2,949+1.7% | Added |
| Perpetual Ltd | 173,569 | $25.8M | 0.32% | +1,289+0.7% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 173,619 | $25.8M | 0.02% | +41,800+31.7% | Added |
| Baker Avenue Asset Management, LP | 175,589 | $26.1M | 0.62% | −14,488−7.6% | Reduced |
| Colony Group, LLC | 175,763 | $26.1M | 0.04% | +25,235+16.8% | Added |
| Maryland State Retirement & Pension System | 177,574 | $26.4M | 0.55% | +12,229+7.4% | Added |
| Atria Investments LLC | 181,450 | $27.0M | 0.31% | −9,373−4.9% | Reduced |
| Janney Montgomery Scott LLC | 181,690 | $27.0M | 0.06% | −7,380−3.9% | Reduced |
| Tremblant Capital Group | 182,089 | $27.1M | 2.79% | −118,598−39.4% | Reduced |
| AIA Group Ltd | 183,433 | $27.3M | 0.48% | −2,625−1.4% | Reduced |
| Ampersand Capital Group, L.P. | 184,763 | $27.5M | 12.37% | 00.0% | Unchanged |
| Rheos Capital Works Inc. | 188,000 | $27.9M | 1.56% | +188,000 | New |
| BIT Capital GmbH | 188,752 | $28.1M | 1.28% | +81,723+76.4% | Added |
| O'Shaughnessy Asset Management, LLC | 189,833 | $28.2M | 0.17% | +39,249+26.1% | Added |
| USS Investment Management Ltd | 190,758 | $28.3M | 0.14% | 00.0% | Unchanged |
| Northwest & Ethical Investments L.P. | 192,020 | $28.6M | 0.67% | −29,148−13.2% | Reduced |
| Intech Investment Management LLC | 192,362 | $28.6M | 0.25% | +14,098+7.9% | Added |
| Northwestern Mutual Wealth Management Co | 194,295 | $28.9M | 0.02% | +9,974+5.4% | Added |
| Varma Mutual Pension Insurance Co | 195,858 | $29.1M | 0.19% | +15,700+8.7% | Added |
| Trillium Asset Management, LLC | 196,329 | $29.2M | 0.77% | −14,393−6.8% | Reduced |
| Assetmark, Inc | 200,168 | $29.7M | 0.06% | +17,252+9.4% | Added |
| HighTower Advisors, LLC | 200,575 | $29.8M | 0.03% | +22,989+12.9% | Added |
| Public Employees Retirement System of Ohio | 212,830 | $31.6M | 0.10% | −51,283−19.4% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 215,503 | $32.0M | 0.09% | +24,444+12.8% | Added |
| Public Sector Pension Investment Board | 221,863 | $33.0M | 0.12% | +104,018+88.3% | Added |
| WT Asset Management Ltd | 222,200 | $33.0M | 1.52% | +222,200 | New |
| GF Fund Management Co. Ltd. | 230,500 | $34.3M | 0.62% | +110,500+92.1% | Added |
| Mariner, LLC | 249,986 | $37.2M | 0.05% | −50,776−16.9% | Reduced |
| D. E. Shaw & Co., Inc. | 250,343 | $37.2M | 0.03% | −69,008−21.6% | Reduced |
| Hantz Financial Services, Inc. | 256,973 | $38.2M | 0.58% | −44,470−14.8% | Reduced |
| Teachers Retirement System of the State of Kentucky | 263,454 | $39.2M | 0.30% | −5,300−2.0% | Reduced |
| Cornerstone Capital, Inc. | 267,375 | $39.7M | 3.89% | −3,543−1.3% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 275,709 | $41.0M | 0.21% | +14,686+5.6% | Added |
| Huntington National Bank | 278,415 | $41.4M | 0.25% | −13,721−4.7% | Reduced |
| Forsta Ap-Fonden | 282,300 | $41.9M | 0.25% | −37,400−11.7% | Reduced |
| Kames Capital plc | 287,685 | $42.7M | 0.51% | −36,177−11.2% | Reduced |
| Guggenheim Capital LLC | 287,199 | $42.7M | 0.32% | +619+0.2% | Added |
| Fred Alger Management, LLC | 290,319 | $43.1M | 0.17% | −300,702−50.9% | Reduced |
| New York State Common Retirement Fund | 299,469 | $44.5M | 0.06% | +27,800+10.2% | Added |
| Gavilan Investment Partners LLC | 305,000 | $45.3M | 10.13% | −25,000−7.6% | Reduced |
| Soma Equity Partners LP | 305,710 | $45.4M | 2.28% | −67,965−18.2% | Reduced |
| Cetera Investment Advisers | 306,390 | $45.5M | 0.05% | +63,885+26.3% | Added |
| Liontrust Investment Partners LLP | 313,211 | $46.5M | 0.68% | +54,937+21.3% | Added |
| Alberta Investment Management Corp | 314,200 | $46.7M | 0.34% | −490,300−60.9% | Reduced |
| Equitable Trust Co | 315,678 | $46.9M | 2.16% | −10,271−3.2% | Reduced |
| Steadview Capital Management LLC | 319,664 | $47.5M | 6.81% | −101,195−24.0% | Reduced |
| Allianz Asset Management GmbH | 329,828 | $49.0M | 0.06% | −83,596−20.2% | Reduced |
| Oppenheimer Asset Management Inc. | 337,457 | $50.1M | 0.55% | −62,932−15.7% | Reduced |
| Castleark Management LLC | 338,244 | $50.3M | 1.41% | +44,380+15.1% | Added |
| AMF Pensionsforsakring AB | 340,982 | $50.7M | 0.32% | −285,568−45.6% | Reduced |
| Schroder Investment Management Group | 345,966 | $51.5M | 0.04% | +266,100+333.2% | Added |
| Erste Asset Management GmbH | 348,032 | $51.9M | 0.50% | +2,286+0.7% | Added |
| Advisors Asset Management, Inc. | 358,900 | $53.3M | 0.91% | −2,015−0.6% | Reduced |
| NEOS Investment Management LLC | 371,422 | $55.2M | 0.41% | +164,736+79.7% | Added |
| Capital International Ltd | 372,581 | $55.4M | 2.00% | −33,264−8.2% | Reduced |
| Truist Financial Corp | 376,882 | $56.0M | 0.08% | −8,619−2.2% | Reduced |
| Brown Capital Management LLC | 379,136 | $56.3M | 2.32% | −36,640−8.8% | Reduced |
| Creative Planning | 384,462 | $57.1M | 0.04% | +17,986+4.9% | Added |
| Intact Investment Management Inc. | 387,834 | $57.6M | 1.74% | −42,860−10.0% | Reduced |
| Stifel Financial Corp | 387,811 | $57.6M | 0.05% | −7,995−2.0% | Reduced |
| Commonwealth Equity Services, LLC | 389,985 | $58.0M | 0.08% | −9,278−2.3% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 402,115 | $59.8M | 0.15% | −4,618−1.1% | Reduced |
| Munro Partners | 409,895 | $60.9M | 1.67% | +409,895 | New |
| Privium Fund Management B.V. | 415,000 | $61.7M | 11.09% | −15,000−3.5% | Reduced |
| STRS Ohio | 416,224 | $61.9M | 0.23% | +95,047+29.6% | Added |
| Zurich Insurance Group Ltd | 425,742 | $63.3M | 0.45% | +39,198+10.1% | Added |
| Principal Financial Group Inc | 450,895 | $67.0M | 0.03% | +63,300+16.3% | Added |
| Mn Services Vermogensbeheer B.V. | 463,040 | $68.8M | 0.44% | +7,800+1.7% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 466,327 | $69.3M | 0.15% | −48,304−9.4% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 466,369 | $69.3M | 0.22% | +43,074+10.2% | Added |
| Royal London Asset Management Ltd | 508,316 | $75.5M | 0.16% | +4,996+1.0% | Added |
| Advisor Group Holdings, Inc. | 523,318 | $76.0M | 0.11% | +131,899+33.7% | Added |
| Blair William & Co | 520,187 | $77.3M | 0.21% | +19,507+3.9% | Added |
| DekaBank Deutsche Girozentrale | 524,986 | $77.5M | 0.13% | 00.0% | Unchanged |
| Ensign Peak Advisors, Inc | 524,669 | $78.0M | 0.13% | +93,818+21.8% | Added |
| AustralianSuper Pty Ltd | 525,949 | $78.1M | 0.37% | +322,933+159.1% | Added |
| Stony Point Capital LLC | 527,872 | $78.4M | 5.50% | +26,231+5.2% | Added |
| Hillsdale Investment Management Inc. | 536,813 | $79.7M | 2.41% | −17,323−3.1% | Reduced |
| Victory Capital Management Inc | 543,226 | $80.7M | 0.05% | +6,602+1.2% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 568,186 | $84.4M | 0.19% | +2,402+0.4% | Added |
| MUFG Securities EMEA plc | 580,000 | $86.2M | 2.16% | +580,000 | New |
| Ci Investments Inc. | 586,342 | $87.1M | 0.32% | +259,095+79.2% | Added |
| TD Waterhouse Canada Inc. | 607,539 | $91.0M | 0.59% | −23,793−3.8% | Reduced |
| Robeco Institutional Asset Management B.V. | 616,500 | $91.6M | 0.13% | +499,588+427.3% | Added |
| Capital International Inc | 628,099 | $93.3M | 0.75% | +9,158+1.5% | Added |
| APG Asset Management N.V. | 739,559 | $93.5M | 0.26% | +12,300+1.7% | Added |
| NZS Capital, LLC | 631,397 | $93.8M | 2.87% | +22,720+3.7% | Added |
| Capital International Sarl | 636,485 | $94.6M | 1.63% | −14,835−2.3% | Reduced |
| BNP Paribas Arbitrage, SA | 661,936 | $98.4M | 0.08% | −326,801−33.1% | Reduced |
| Susquehanna International Group, LLP | 691,982 | $102.8M | 0.15% | −70,687−9.3% | Reduced |