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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.

Institutional holdersQ3 2025: 1,718 institutions
Q1 2021: 1,158 institutionsQ2 2021: 1,213 institutionsQ3 2021: 1,228 institutionsQ4 2021: 1,352 institutionsQ1 2022: 1,149 institutionsQ2 2022: 968 institutionsQ3 2022: 883 institutionsQ4 2022: 973 institutionsQ1 2023: 1,028 institutionsQ2 2023: 1,127 institutionsQ3 2023: 1,081 institutionsQ4 2023: 1,214 institutionsQ1 2024: 1,222 institutionsQ2 2024: 1,213 institutionsQ3 2024: 1,262 institutionsQ4 2024: 1,490 institutionsQ1 2025: 1,480 institutionsQ2 2025: 1,555 institutionsQ3 2025: 1,718 institutionsQ4 2025: 1,892 institutionsQ1 2026: 1,741 institutionsQ2 2026: 1,719 institutions
Value heldQ3 2025: $123.4B
Q1 2021: $82.9BQ2 2021: $111.4BQ3 2021: $104.0BQ4 2021: $108.3BQ1 2022: $52.1BQ2 2022: $22.2BQ3 2022: $19.6BQ4 2022: $26.7BQ1 2023: $36.8BQ2 2023: $50.6BQ3 2023: $42.6BQ4 2023: $63.1BQ1 2024: $61.5BQ2 2024: $53.8BQ3 2024: $66.6BQ4 2024: $88.7BQ1 2025: $80.9BQ2 2025: $97.4BQ3 2025: $123.4BQ4 2025: $138.3BQ1 2026: $99.1BQ2 2026: $94.6B
Institutions holding SHOP and their total value by quarter
QuarterHoldersValue
Q2 20261,719$94.6B
Q1 20261,741$99.1B
Q4 20251,892$138.3B
Q3 20251,718$123.4B
Q2 20251,555$97.4B
Q1 20251,480$80.9B
Q4 20241,490$88.7B
Q3 20241,262$66.6B
Q2 20241,213$53.8B
Q1 20241,222$61.5B
Q4 20231,214$63.1B
Q3 20231,081$42.6B
Q2 20231,127$50.6B
Q1 20231,028$36.8B
Q4 2022973$26.7B
Q3 2022883$19.6B
Q2 2022968$22.2B
Q1 20221,149$52.1B
Q4 20211,352$108.3B
Q3 20211,228$104.0B
Q2 20211,213$111.4B
Q1 20211,158$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
InstitutionSharesValue% of portfolioChange in sharesAction
Rocky Mountain Advisers, LLC140$20.8K0.01%00.0%Unchanged
Tradewinds Capital Management, LLC140$20.8K0.00%−100−41.7%Reduced
Inlight Wealth Management, LLC145$21.5K0.01%00.0%Unchanged
Twin Lakes Capital Management, LLC150$22.3K0.01%00.0%Unchanged
Bangor Savings Bank152$22.6K0.00%00.0%Unchanged
Glynn Capital Management LLC159$23.6K0.01%00.0%Unchanged
Birchbrook, Inc.162$24.1K0.01%00.0%Unchanged
American National Bank170$25.3K0.00%−340−66.7%Reduced
Family Legacy Financial Solutions, LLC170$25.3K0.02%−50−22.7%Reduced
Optiver Holding B.V.172$25.6K0.00%−489−74.0%Reduced
TD Capital Management LLC179$26.6K0.00%00.0%Unchanged
Heartwood Wealth Advisors LLC184$27.3K0.00%+184New
Accent Capital Management, LLC200$29.7K0.01%−280−58.3%Reduced
City State Bank200$29.7K0.01%00.0%Unchanged
Pingora Partners LLC200$29.7K0.02%00.0%Unchanged
Medallion Wealth Advisors, LLC200$29.7K0.01%00.0%Unchanged
Rossby Financial, LCC213$31.9K0.01%+19+9.8%Added
JPL Wealth Management, LLC216$32.1K0.01%+216New
Investment Research & Advisory Group, Inc.223$33.1K0.01%+3+1.4%Added
Stone House Investment Management, LLC225$33.4K0.01%+4+1.8%Added
Foster Dykema Cabot & Partners, LLC240$35.7K0.00%00.0%Unchanged
Caitlin John, LLC244$36.3K0.03%+244New
Estabrook Capital Management250$37.2K0.01%00.0%Unchanged
Cape Investment Advisory, Inc.251$37.3K0.04%+20+8.7%Added
Financial Consulate, Inc253$37.6K0.01%+253New
Darwin Advisors, LLC260$38.6K0.01%+250+2,500.0%Added
GHP Investment Advisors, Inc.260$38.6K0.00%−6−2.3%Reduced
Global Wealth Strategies & Associates263$39.1K0.01%00.0%Unchanged
Horrell Capital Management, Inc.265$39.4K0.02%00.0%Unchanged
SJS Investment Consulting Inc.274$40.7K0.01%00.0%Unchanged
Parkside Financial Bank & Trust285$42.4K0.00%+10+3.6%Added
Greykasell Wealth Strategies, Inc.296$44.0K0.02%+15+5.3%Added
FWL Investment Management, LLC300$44.6K0.01%00.0%Unchanged
SWAN Capital LLC300$44.6K0.02%00.0%Unchanged
WealthCollab, LLC300$44.6K0.02%+33+12.4%Added
Hopwood Financial Services, Inc.305$45.3K0.03%+265+662.5%Added
DAGCO, Inc.317$47.1K0.01%00.0%Unchanged
Colonial Trust Co340$50.5K0.01%+109+47.2%Added
Key Financial Inc346$51.8K0.01%+2+0.6%Added
Hurley Capital, LLC350$52.0K0.03%+240+218.2%Added
Clean Yield Group364$54.1K0.02%00.0%Unchanged
Rothschild Investment LLC371$55.1K0.00%+138+59.2%Added
Sachetta, LLC372$55.3K0.02%00.0%Unchanged
Financial Management Professionals, Inc.384$57.1K0.01%+22+6.1%Added
Strategic Wealth Partners, Ltd.395$58.7K0.00%00.0%Unchanged
GoalVest Advisory LLC397$59.0K0.01%00.0%Unchanged
Your Advocates Ltd., LLP400$59.4K0.02%00.0%Unchanged
Western Pacific Wealth Management, LP400$59.4K0.06%+400New
Ameriflex Group, Inc.406$60.3K0.02%+261+180.0%Added
Mirova407$60.5K0.01%+197+93.8%Added
Colonial Trust Advisors420$62.4K0.00%−140−25.0%Reduced
Compass Financial Services Inc425$63.2K0.03%−31−6.8%Reduced
Hoey Investments, Inc430$63.9K0.01%−150−25.9%Reduced
Osterweis Capital Management Inc463$68.8K0.00%00.0%Unchanged
Hemington Wealth Management496$73.0K0.01%00.0%Unchanged
Scarborough Advisors, LLC510$75.8K0.01%+480+1,600.0%Added
Private Wealth Management Group, LLC518$77.0K0.02%00.0%Unchanged
FNY Investment Advisers, LLC546$81.0K0.03%+546New
North Star Investment Management Corp.554$82.3K0.01%+4+0.7%Added
Gen-Wealth Partners Inc560$83.2K0.03%+550+5,500.0%Added
Vestor Capital, LLC577$86.0K0.01%+282+95.6%Added
GW&K Investment Management, LLC580$86.0K0.00%00.0%Unchanged
Groupe la Francaise945$86.2K0.00%+945New
Thurston, Springer, Miller, Herd & Titak, Inc.587$87.2K0.17%−9,520−94.2%Reduced
Addison Advisors LLC588$87.4K0.02%+56+10.5%Added
N.E.W. Advisory Services LLC595$88.4K0.01%00.0%Unchanged
Salem Investment Counselors Inc600$89.2K0.00%−100−14.3%Reduced
Catalyst Capital Advisors LLC612$90.9K0.00%−112−15.5%Reduced
DecisionPoint Financial, LLC613$91.7K0.02%−157−20.4%Reduced
Coston, McIsaac & Partners620$92.0K0.02%00.0%Unchanged
Tobam448$93.0K0.03%−368−45.1%Reduced
Cullen/Frost Bankers, Inc.648$96.3K0.00%−332−33.9%Reduced
Park Circle Co650$96.6K0.08%00.0%Unchanged
ORG Partners LLC664$98.7K0.02%+56+9.2%Added
1 North Wealth Services LLC670$99.6K0.04%00.0%Unchanged
Community Bank, N.A.677$100.6K0.01%+677New
HM Payson & Co686$101.9K0.00%00.0%Unchanged
Kerr Financial Planning Corp720$103.8K0.15%+720New
Hazlett, Burt & Watson, Inc.700$104.0K0.04%+100+16.7%Added
Global Trust Asset Management, LLC700$104.0K0.05%00.0%Unchanged
Sava Infond d.o.o.700$104.0K0.01%00.0%Unchanged
Ogorek Anthony Joseph709$105.0K0.03%00.0%Unchanged
Pension & Wealth Management Advisors, Inc.708$105.3K0.03%+300+73.5%Added
Concord Wealth Partners711$105.7K0.01%+411+137.0%Added
Activest Wealth Management714$106.1K0.02%+442+162.5%Added
Rosenberg Matthew Hamilton735$109.2K0.02%00.0%Unchanged
Bayforest Capital Ltd754$112.1K0.05%−423−35.9%Reduced
Pin Oak Investment Advisors Inc762$113.2K0.08%−199−20.7%Reduced
Stonehage Fleming Financial Services Holdings Ltd776$115.3K0.00%00.0%Unchanged
Holos Integrated Wealth LLC780$117.8K0.07%00.0%Unchanged
Strategic Advocates LLC809$120.2K0.03%+809New
Gordian Capital Singapore Pte Ltd810$120.4K0.16%+750+1,250.0%Added
WPG Advisers, LLC816$121.3K0.09%−32−3.8%Reduced
Cascades Capital Asset Management, LLC857$127.4K0.06%−22−2.5%Reduced
Financial Network Wealth Advisors LLC879$130.6K0.14%−95−9.8%Reduced
Simplex Trading, LLC894$132.0K0.00%+894New
Orion Capital Management LLC892$132.6K0.05%00.0%Unchanged
Mather Group, LLC.893$132.7K0.00%+893New
Boreal Capital Management LLC894$132.9K0.11%−246−21.6%Reduced
Cary Street Partner Investment Advisory LLC919$136.6K0.06%+463+101.5%Added