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 |
|---|---|---|---|---|---|
| Marshall Wace, LLP | 697,212 | $103.6M | 0.11% | +97,264+16.2% | Added |
| Bessemer Group Inc | 702,327 | $104.4M | 0.16% | −59,292−7.8% | Reduced |
| AXA Investment Managers S.A. | 718,868 | $106.8M | 0.29% | +718,868 | New |
| State of Tennessee, Treasury Department | 719,403 | $106.9M | 0.36% | −22,485−3.0% | Reduced |
| Allen Investment Management LLC | 723,848 | $107.6M | 1.19% | +125,387+21.0% | Added |
| Dimensional Fund Advisors LP | 732,669 | $108.9M | 0.02% | +160,230+28.0% | Added |
| Allspring Global Investments Holdings, LLC | 731,205 | $109.4M | 0.18% | +57,258+8.5% | Added |
| Neuberger Berman Group LLC | 750,154 | $111.5M | 0.08% | +421,799+128.5% | Added |
| Whale Rock Capital Management LLC | 765,466 | $113.8M | 1.34% | +765,466 | New |
| HSBC Holdings PLC | 796,653 | $118.1M | 0.07% | +21,702+2.8% | Added |
| State Street Corp | 807,222 | $120.0M | 0.00% | +33,879+4.4% | Added |
| Congress Asset Management Co | 818,187 | $121.6M | 0.81% | +4,329+0.5% | Added |
| CIBC Private Wealth Group, LLC | 940,867 | $139.8M | 0.24% | +177,937+23.3% | Added |
| Jane Street Group, LLC | 942,302 | $140.0M | 0.16% | +886,320+1,583.2% | Added |
| Steadfast Capital Management LP | 948,324 | $140.9M | 2.55% | +948,324 | New |
| Aviva PLC | 967,774 | $143.6M | 0.26% | +57,695+6.3% | Added |
| Addenda Capital Inc. | 696,130 | $143.9M | 4.26% | −19,612−2.7% | Reduced |
| Korea Investment CORP | 981,949 | $145.9M | 0.30% | −65,464−6.3% | Reduced |
| Axiom Investors LLC | 1,021,941 | $151.9M | 1.12% | +272,199+36.3% | Added |
| Foxhaven Asset Management, LP | 1,051,834 | $156.3M | 3.91% | −300,957−22.2% | Reduced |
| Macquarie Group Ltd | 1,083,725 | $161.1M | 0.19% | −130,484−10.7% | Reduced |
| Polar Capital Holdings Plc | 1,100,026 | $163.5M | 0.79% | −513,185−31.8% | Reduced |
| TCW Group Inc | 1,103,166 | $163.9M | 1.37% | −128,021−10.4% | Reduced |
| Scotia Capital Inc. | 1,136,539 | $168.4M | 0.72% | +21,045+1.9% | Added |
| Rockefeller Capital Management L.P. | 1,139,712 | $169.4M | 0.33% | +11,136+1.0% | Added |
| First Trust Advisors LP | 1,185,345 | $176.1M | 0.13% | −370,778−23.8% | Reduced |
| Castle Hook Partners LP | 1,231,484 | $183.0M | 2.77% | +12,599+1.0% | Added |
| Great West Life Assurance Co | 1,290,887 | $192.0M | 0.27% | +198,011+18.1% | Added |
| ProShare Advisors LLC | 1,322,439 | $196.5M | 0.41% | −336,589−20.3% | Reduced |
| LPL Financial LLC | 1,332,140 | $198.0M | 0.06% | +70,610+5.6% | Added |
| Caisse de Depot Et Placement du Quebec | 1,340,070 | $199.1M | 0.36% | −12,494−0.9% | Reduced |
| Lord, Abbett & Co. LLC | 1,377,812 | $204.8M | 0.61% | +54,773+4.1% | Added |
| Federated Hermes, Inc. | 1,425,096 | $211.8M | 0.37% | −18,409−1.3% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 1,425,798 | $211.9M | 0.39% | +1,006,855+240.3% | Added |
| Northern Trust Corp | 1,469,831 | $218.4M | 0.03% | −179,562−10.9% | Reduced |
| Rathbone Brothers plc | 1,478,608 | $219.7M | 0.89% | −99,224−6.3% | Reduced |
| Natixis Advisors, L.P. | 1,479,047 | $219.8M | 0.32% | +46,463+3.2% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,510,753 | $224.5M | 0.36% | +116,122+8.3% | Added |
| Pictet Asset Management Holding SA | 1,529,932 | $227.4M | 0.22% | −50,957−3.2% | Reduced |
| Russell Investments Group, Ltd. | 1,545,732 | $229.8M | 0.26% | −30,604−1.9% | Reduced |
| Citigroup Inc | 1,665,976 | $247.6M | 0.17% | +159,723+10.6% | Added |
| ICONIQ Capital, LLC | 1,667,602 | $247.8M | 3.08% | −7,871−0.5% | Reduced |
| Barton Investment Management | 1,684,789 | $250.4M | 25.50% | −33,577−2.0% | Reduced |
| Picton Mahoney Asset Management | 1,731,048 | $257.1M | 3.28% | −28,669−1.6% | Reduced |
| Barclays PLC | 1,769,734 | $263.0M | 0.10% | +161,246+10.0% | Added |
| Strategy Capital LLC | 1,825,243 | $271.2M | 17.95% | −4,674−0.3% | Reduced |
| Envestnet Asset Management Inc | 1,937,210 | $287.9M | 0.08% | −155,219−7.4% | Reduced |
| Federation des caisses Desjardins du Quebec | 1,987,328 | $294.5M | 1.16% | −30,858−1.5% | Reduced |
| American Century Companies Inc | 1,997,153 | $296.8M | 0.15% | −130,978−6.2% | Reduced |
| MUFG Securities (Canada), Ltd. | 2,019,572 | $300.0M | 8.39% | −45,554−2.2% | Reduced |
| Zevenbergen Capital Investments LLC | 2,051,940 | $304.9M | 5.93% | −259,059−11.2% | Reduced |
| Brown Advisory Inc | 2,158,080 | $320.7M | 0.42% | +91,196+4.4% | Added |
| Ashe Capital Management, LP | 2,185,712 | $324.8M | 22.90% | 00.0% | Unchanged |
| Select Equity Group, L.P. | 2,210,771 | $328.5M | 1.41% | −35,702−1.6% | Reduced |
| Ameriprise Financial Inc | 2,202,211 | $328.8M | 0.08% | −551,688−20.0% | Reduced |
| Bamco Inc | 2,285,499 | $339.6M | 0.90% | −379,441−14.2% | Reduced |
| Raymond James Financial Inc | 2,311,750 | $343.5M | 0.11% | +62,418+2.8% | Added |
| Gilder Gagnon Howe & Co LLC | 2,314,457 | $344.0M | 3.50% | −76,292−3.2% | Reduced |
| Toronto Dominion Bank | 2,349,656 | $349.0M | 0.68% | +401,875+20.6% | Added |
| UBS Group AG | 2,396,664 | $356.2M | 0.07% | −32,804−1.4% | Reduced |
| British Columbia Investment Management Corp | 2,450,287 | $363.9M | 2.08% | +185,219+8.2% | Added |
| Charles Schwab Investment Management Inc | 2,594,730 | $385.6M | 0.06% | −27,765−1.1% | Reduced |
| SEI Investments Co | 2,674,370 | $397.4M | 0.43% | +87,352+3.4% | Added |
| Mirova US LLC | 2,882,479 | $428.4M | 4.33% | −142,276−4.7% | Reduced |
| Deutsche Bank AG | 3,118,388 | $463.4M | 0.16% | +260,877+9.1% | Added |
| Winslow Capital Management, LLC | 3,257,696 | $484.1M | 1.60% | +670,684+25.9% | Added |
| Amundi | 2,948,305 | $485.0M | 0.16% | +332,033+12.7% | Added |
| Wells Fargo & Company | 3,412,417 | $507.1M | 0.10% | +96,300+2.9% | Added |
| 1832 Asset Management L.P. | 3,440,108 | $511.2M | 0.87% | +331,545+10.7% | Added |
| Bank of New York Mellon Corp | 3,476,805 | $516.7M | 0.09% | −292,270−7.8% | Reduced |
| Swiss National Bank | 3,510,500 | $521.8M | 0.30% | −190,400−5.1% | Reduced |
| Nikko Asset Management Americas, Inc. | 3,968,593 | $589.7M | 5.71% | −1,045,405−20.8% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 4,175,583 | $620.5M | 0.36% | −1,055,674−20.2% | Reduced |
| Clearbridge Investments, LLC | 4,354,811 | $647.2M | 0.49% | −808,462−15.7% | Reduced |
| CIBC Asset Management Inc | 4,360,113 | $648.9M | 1.88% | +108,887+2.6% | Added |
| Durable Capital Partners LP | 4,543,835 | $675.3M | 5.00% | 00.0% | Unchanged |
| Bank of Nova Scotia | 4,574,057 | $679.7M | 1.20% | +910,706+24.9% | Added |
| ARK Investment Management LLCSuperinvestorARK Invest | 4,815,833 | $715.7M | 4.26% | −233,675−4.6% | Reduced |
| Jarislowsky, Fraser Ltd | 4,861,383 | $722.4M | 3.97% | −221,596−4.4% | Reduced |
| Janus Henderson Group PLC | 5,041,453 | $749.2M | 0.34% | +124,772+2.5% | Added |
| Alliancebernstein L.P. | 5,379,385 | $799.4M | 0.25% | −120,794−2.2% | Reduced |
| Canada Pension Plan Investment Board | 5,383,374 | $799.6M | 0.56% | +102,965+1.9% | Added |
| Massachusetts Financial Services Co | 5,536,825 | $822.8M | 0.25% | +973,132+21.3% | Added |
| Legal & General Group Plc | 6,188,885 | $919.7M | 0.21% | +260,968+4.4% | Added |
| Newlands Management Operations LLC | 6,325,050 | $940.0M | 4.46% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 6,588,934 | $978.7M | 3.08% | +213,315+3.3% | Added |
| Artisan Partners Limited Partnership | 6,881,474 | $1.02B | 1.47% | −460,369−6.3% | Reduced |
| Sands Capital Management, LLC | 6,937,271 | $1.03B | 2.84% | −555,344−7.4% | Reduced |
| Nuveen, LLC | 7,126,085 | $1.06B | 0.28% | −1,792,333−20.1% | Reduced |
| CIBC World Markets Inc. | 7,384,970 | $1.10B | 2.27% | +17,151+0.2% | Added |
| Wellington Management Group LLP | 8,070,517 | $1.20B | 0.21% | −1,486,955−15.6% | Reduced |
| Manufacturers Life Insurance Company, The | 8,108,074 | $1.20B | 0.99% | +2,619,512+47.7% | Added |
| Arrowstreet Capital, Limited Partnership | 8,312,352 | $1.24B | 0.78% | −3,584,441−30.1% | Reduced |
| TD Asset Management Inc | 8,528,510 | $1.27B | 1.03% | +118,836+1.4% | Added |
| Edgewood Management LLC | 8,727,511 | $1.30B | 4.60% | −830,556−8.7% | Reduced |
| BlackRock, Inc. | 8,783,801 | $1.31B | 0.02% | +773,737+9.7% | Added |
| Mackenzie Financial Corp | 9,133,454 | $1.36B | 1.64% | −158,031−1.7% | Reduced |
| Franklin Resources Inc | 9,438,528 | $1.40B | 0.35% | −863,283−8.4% | Reduced |
| Capital Research Global Investors | 9,512,437 | $1.41B | 0.27% | −345,414−3.5% | Reduced |
| National Bank of Canada | 9,845,580 | $1.46B | 1.65% | −604,319−5.8% | Reduced |