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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
Highline Wealth Partners LLC1,145$170.2K0.05%+218+23.5%Added
Kimelman & Baird, LLC1,125$167.2K0.01%−375−25.0%Reduced
Old Second National Bank of Aurora1,110$165.0K0.03%00.0%Unchanged
Golden State Wealth Management, LLC1,106$164.4K0.02%+420+61.2%Added
Evelyn Partners Asset Management Ltd1,087$161.5K0.04%+1,087New
Smallwood Wealth Investment Management, LLC1,063$158.0K0.08%−100−8.6%Reduced
E Fund Management (Hong Kong) Co., Ltd.1,056$156.9K0.10%+556+111.2%Added
Main Street Group, LTD1,050$156.0K0.05%−3−0.3%Reduced
Avion Wealth1,056$156.0K0.03%00.0%Unchanged
Evermay Wealth Management LLC1,033$153.5K0.02%00.0%Unchanged
MTM Investment Management, LLC1,025$152.3K0.05%00.0%Unchanged
Trust Co of Vermont1,014$150.7K0.01%00.0%Unchanged
UMA Financial Services, Inc.1,004$149.2K0.02%−77−7.1%Reduced
Farmers & Merchants Trust Co of Chambersburg PA1,000$149.0K0.04%00.0%Unchanged
Crews Bank & Trust1,000$148.6K0.02%00.0%Unchanged
HHM Wealth Advisors, LLC995$147.9K0.02%−291−22.6%Reduced
CX Institutional939$140.0K0.00%00.0%Unchanged
Cloud Capital Management, LLC932$138.0K0.07%+932New
Cary Street Partner Investment Advisory LLC919$136.6K0.06%+463+101.5%Added
Boreal Capital Management LLC894$132.9K0.11%−246−21.6%Reduced
Mather Group, LLC.893$132.7K0.00%+893New
Orion Capital Management LLC892$132.6K0.05%00.0%Unchanged
Simplex Trading, LLC894$132.0K0.00%+894New
Financial Network Wealth Advisors LLC879$130.6K0.14%−95−9.8%Reduced
Cascades Capital Asset Management, LLC857$127.4K0.06%−22−2.5%Reduced
WPG Advisers, LLC816$121.3K0.09%−32−3.8%Reduced
Gordian Capital Singapore Pte Ltd810$120.4K0.16%+750+1,250.0%Added
Strategic Advocates LLC809$120.2K0.03%+809New
Holos Integrated Wealth LLC780$117.8K0.07%00.0%Unchanged
Stonehage Fleming Financial Services Holdings Ltd776$115.3K0.00%00.0%Unchanged
Pin Oak Investment Advisors Inc762$113.2K0.08%−199−20.7%Reduced
Bayforest Capital Ltd754$112.1K0.05%−423−35.9%Reduced
Rosenberg Matthew Hamilton735$109.2K0.02%00.0%Unchanged
Activest Wealth Management714$106.1K0.02%+442+162.5%Added
Concord Wealth Partners711$105.7K0.01%+411+137.0%Added
Pension & Wealth Management Advisors, Inc.708$105.3K0.03%+300+73.5%Added
Ogorek Anthony Joseph709$105.0K0.03%00.0%Unchanged
Global Trust Asset Management, LLC700$104.0K0.05%00.0%Unchanged
Sava Infond d.o.o.700$104.0K0.01%00.0%Unchanged
Hazlett, Burt & Watson, Inc.700$104.0K0.04%+100+16.7%Added
Kerr Financial Planning Corp720$103.8K0.15%+720New
HM Payson & Co686$101.9K0.00%00.0%Unchanged
Community Bank, N.A.677$100.6K0.01%+677New
1 North Wealth Services LLC670$99.6K0.04%00.0%Unchanged
ORG Partners LLC664$98.7K0.02%+56+9.2%Added
Park Circle Co650$96.6K0.08%00.0%Unchanged
Cullen/Frost Bankers, Inc.648$96.3K0.00%−332−33.9%Reduced
Tobam448$93.0K0.03%−368−45.1%Reduced
Coston, McIsaac & Partners620$92.0K0.02%00.0%Unchanged
DecisionPoint Financial, LLC613$91.7K0.02%−157−20.4%Reduced
Catalyst Capital Advisors LLC612$90.9K0.00%−112−15.5%Reduced
Salem Investment Counselors Inc600$89.2K0.00%−100−14.3%Reduced
N.E.W. Advisory Services LLC595$88.4K0.01%00.0%Unchanged
Addison Advisors LLC588$87.4K0.02%+56+10.5%Added
Thurston, Springer, Miller, Herd & Titak, Inc.587$87.2K0.17%−9,520−94.2%Reduced
Groupe la Francaise945$86.2K0.00%+945New
Vestor Capital, LLC577$86.0K0.01%+282+95.6%Added
GW&K Investment Management, LLC580$86.0K0.00%00.0%Unchanged
Gen-Wealth Partners Inc560$83.2K0.03%+550+5,500.0%Added
North Star Investment Management Corp.554$82.3K0.01%+4+0.7%Added
FNY Investment Advisers, LLC546$81.0K0.03%+546New
Private Wealth Management Group, LLC518$77.0K0.02%00.0%Unchanged
Scarborough Advisors, LLC510$75.8K0.01%+480+1,600.0%Added
Hemington Wealth Management496$73.0K0.01%00.0%Unchanged
Osterweis Capital Management Inc463$68.8K0.00%00.0%Unchanged
Hoey Investments, Inc430$63.9K0.01%−150−25.9%Reduced
Compass Financial Services Inc425$63.2K0.03%−31−6.8%Reduced
Colonial Trust Advisors420$62.4K0.00%−140−25.0%Reduced
Mirova407$60.5K0.01%+197+93.8%Added
Ameriflex Group, Inc.406$60.3K0.02%+261+180.0%Added
Your Advocates Ltd., LLP400$59.4K0.02%00.0%Unchanged
Western Pacific Wealth Management, LP400$59.4K0.06%+400New
GoalVest Advisory LLC397$59.0K0.01%00.0%Unchanged
Strategic Wealth Partners, Ltd.395$58.7K0.00%00.0%Unchanged
Financial Management Professionals, Inc.384$57.1K0.01%+22+6.1%Added
Sachetta, LLC372$55.3K0.02%00.0%Unchanged
Rothschild Investment LLC371$55.1K0.00%+138+59.2%Added
Clean Yield Group364$54.1K0.02%00.0%Unchanged
Hurley Capital, LLC350$52.0K0.03%+240+218.2%Added
Key Financial Inc346$51.8K0.01%+2+0.6%Added
Colonial Trust Co340$50.5K0.01%+109+47.2%Added
DAGCO, Inc.317$47.1K0.01%00.0%Unchanged
Hopwood Financial Services, Inc.305$45.3K0.03%+265+662.5%Added
WealthCollab, LLC300$44.6K0.02%+33+12.4%Added
FWL Investment Management, LLC300$44.6K0.01%00.0%Unchanged
SWAN Capital LLC300$44.6K0.02%00.0%Unchanged
Greykasell Wealth Strategies, Inc.296$44.0K0.02%+15+5.3%Added
Parkside Financial Bank & Trust285$42.4K0.00%+10+3.6%Added
SJS Investment Consulting Inc.274$40.7K0.01%00.0%Unchanged
Horrell Capital Management, Inc.265$39.4K0.02%00.0%Unchanged
Global Wealth Strategies & Associates263$39.1K0.01%00.0%Unchanged
GHP Investment Advisors, Inc.260$38.6K0.00%−6−2.3%Reduced
Darwin Advisors, LLC260$38.6K0.01%+250+2,500.0%Added
Financial Consulate, Inc253$37.6K0.01%+253New
Cape Investment Advisory, Inc.251$37.3K0.04%+20+8.7%Added
Estabrook Capital Management250$37.2K0.01%00.0%Unchanged
Caitlin John, LLC244$36.3K0.03%+244New
Foster Dykema Cabot & Partners, LLC240$35.7K0.00%00.0%Unchanged
Stone House Investment Management, LLC225$33.4K0.01%+4+1.8%Added
Investment Research & Advisory Group, Inc.223$33.1K0.01%+3+1.4%Added