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 |
|---|---|---|---|---|---|
| Korea Investment CORP | 981,949 | $145.9M | 0.30% | −65,464−6.3% | Reduced |
| Addenda Capital Inc. | 696,130 | $143.9M | 4.26% | −19,612−2.7% | Reduced |
| Aviva PLC | 967,774 | $143.6M | 0.26% | +57,695+6.3% | Added |
| Steadfast Capital Management LP | 948,324 | $140.9M | 2.55% | +948,324 | New |
| Jane Street Group, LLC | 942,302 | $140.0M | 0.16% | +886,320+1,583.2% | Added |
| CIBC Private Wealth Group, LLC | 940,867 | $139.8M | 0.24% | +177,937+23.3% | Added |
| Congress Asset Management Co | 818,187 | $121.6M | 0.81% | +4,329+0.5% | Added |
| State Street Corp | 807,222 | $120.0M | 0.00% | +33,879+4.4% | Added |
| HSBC Holdings PLC | 796,653 | $118.1M | 0.07% | +21,702+2.8% | Added |
| Whale Rock Capital Management LLC | 765,466 | $113.8M | 1.34% | +765,466 | New |
| Neuberger Berman Group LLC | 750,154 | $111.5M | 0.08% | +421,799+128.5% | Added |
| Allspring Global Investments Holdings, LLC | 731,205 | $109.4M | 0.18% | +57,258+8.5% | Added |
| Dimensional Fund Advisors LP | 732,669 | $108.9M | 0.02% | +160,230+28.0% | Added |
| Allen Investment Management LLC | 723,848 | $107.6M | 1.19% | +125,387+21.0% | Added |
| State of Tennessee, Treasury Department | 719,403 | $106.9M | 0.36% | −22,485−3.0% | Reduced |
| AXA Investment Managers S.A. | 718,868 | $106.8M | 0.29% | +718,868 | New |
| Bessemer Group Inc | 702,327 | $104.4M | 0.16% | −59,292−7.8% | Reduced |
| Marshall Wace, LLP | 697,212 | $103.6M | 0.11% | +97,264+16.2% | Added |
| Susquehanna International Group, LLP | 691,982 | $102.8M | 0.15% | −70,687−9.3% | Reduced |
| BNP Paribas Arbitrage, SA | 661,936 | $98.4M | 0.08% | −326,801−33.1% | Reduced |
| Capital International Sarl | 636,485 | $94.6M | 1.63% | −14,835−2.3% | Reduced |
| NZS Capital, LLC | 631,397 | $93.8M | 2.87% | +22,720+3.7% | Added |
| APG Asset Management N.V. | 739,559 | $93.5M | 0.26% | +12,300+1.7% | Added |
| Capital International Inc | 628,099 | $93.3M | 0.75% | +9,158+1.5% | Added |
| Robeco Institutional Asset Management B.V. | 616,500 | $91.6M | 0.13% | +499,588+427.3% | Added |
| TD Waterhouse Canada Inc. | 607,539 | $91.0M | 0.59% | −23,793−3.8% | Reduced |
| Ci Investments Inc. | 586,342 | $87.1M | 0.32% | +259,095+79.2% | Added |
| MUFG Securities EMEA plc | 580,000 | $86.2M | 2.16% | +580,000 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 568,186 | $84.4M | 0.19% | +2,402+0.4% | Added |
| Victory Capital Management Inc | 543,226 | $80.7M | 0.05% | +6,602+1.2% | Added |
| Hillsdale Investment Management Inc. | 536,813 | $79.7M | 2.41% | −17,323−3.1% | Reduced |
| Stony Point Capital LLC | 527,872 | $78.4M | 5.50% | +26,231+5.2% | Added |
| AustralianSuper Pty Ltd | 525,949 | $78.1M | 0.37% | +322,933+159.1% | Added |
| Ensign Peak Advisors, Inc | 524,669 | $78.0M | 0.13% | +93,818+21.8% | Added |
| DekaBank Deutsche Girozentrale | 524,986 | $77.5M | 0.13% | 00.0% | Unchanged |
| Blair William & Co | 520,187 | $77.3M | 0.21% | +19,507+3.9% | Added |
| Advisor Group Holdings, Inc. | 523,318 | $76.0M | 0.11% | +131,899+33.7% | Added |
| Royal London Asset Management Ltd | 508,316 | $75.5M | 0.16% | +4,996+1.0% | Added |
| Mirae Asset Global Investments Co., Ltd. | 466,369 | $69.3M | 0.22% | +43,074+10.2% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 466,327 | $69.3M | 0.15% | −48,304−9.4% | Reduced |
| Mn Services Vermogensbeheer B.V. | 463,040 | $68.8M | 0.44% | +7,800+1.7% | Added |
| Principal Financial Group Inc | 450,895 | $67.0M | 0.03% | +63,300+16.3% | Added |
| Zurich Insurance Group Ltd | 425,742 | $63.3M | 0.45% | +39,198+10.1% | Added |
| STRS Ohio | 416,224 | $61.9M | 0.23% | +95,047+29.6% | Added |
| Privium Fund Management B.V. | 415,000 | $61.7M | 11.09% | −15,000−3.5% | Reduced |
| Munro Partners | 409,895 | $60.9M | 1.67% | +409,895 | New |
| Kayne Anderson Rudnick Investment Management LLC | 402,115 | $59.8M | 0.15% | −4,618−1.1% | Reduced |
| Commonwealth Equity Services, LLC | 389,985 | $58.0M | 0.08% | −9,278−2.3% | Reduced |
| Stifel Financial Corp | 387,811 | $57.6M | 0.05% | −7,995−2.0% | Reduced |
| Intact Investment Management Inc. | 387,834 | $57.6M | 1.74% | −42,860−10.0% | Reduced |
| Creative Planning | 384,462 | $57.1M | 0.04% | +17,986+4.9% | Added |
| Brown Capital Management LLC | 379,136 | $56.3M | 2.32% | −36,640−8.8% | Reduced |
| Truist Financial Corp | 376,882 | $56.0M | 0.08% | −8,619−2.2% | Reduced |
| Capital International Ltd | 372,581 | $55.4M | 2.00% | −33,264−8.2% | Reduced |
| NEOS Investment Management LLC | 371,422 | $55.2M | 0.41% | +164,736+79.7% | Added |
| Advisors Asset Management, Inc. | 358,900 | $53.3M | 0.91% | −2,015−0.6% | Reduced |
| Erste Asset Management GmbH | 348,032 | $51.9M | 0.50% | +2,286+0.7% | Added |
| Schroder Investment Management Group | 345,966 | $51.5M | 0.04% | +266,100+333.2% | Added |
| AMF Pensionsforsakring AB | 340,982 | $50.7M | 0.32% | −285,568−45.6% | Reduced |
| Castleark Management LLC | 338,244 | $50.3M | 1.41% | +44,380+15.1% | Added |
| Oppenheimer Asset Management Inc. | 337,457 | $50.1M | 0.55% | −62,932−15.7% | Reduced |
| Allianz Asset Management GmbH | 329,828 | $49.0M | 0.06% | −83,596−20.2% | Reduced |
| Steadview Capital Management LLC | 319,664 | $47.5M | 6.81% | −101,195−24.0% | Reduced |
| Equitable Trust Co | 315,678 | $46.9M | 2.16% | −10,271−3.2% | Reduced |
| Alberta Investment Management Corp | 314,200 | $46.7M | 0.34% | −490,300−60.9% | Reduced |
| Liontrust Investment Partners LLP | 313,211 | $46.5M | 0.68% | +54,937+21.3% | Added |
| Cetera Investment Advisers | 306,390 | $45.5M | 0.05% | +63,885+26.3% | Added |
| Soma Equity Partners LP | 305,710 | $45.4M | 2.28% | −67,965−18.2% | Reduced |
| Gavilan Investment Partners LLC | 305,000 | $45.3M | 10.13% | −25,000−7.6% | Reduced |
| New York State Common Retirement Fund | 299,469 | $44.5M | 0.06% | +27,800+10.2% | Added |
| Fred Alger Management, LLC | 290,319 | $43.1M | 0.17% | −300,702−50.9% | Reduced |
| Guggenheim Capital LLC | 287,199 | $42.7M | 0.32% | +619+0.2% | Added |
| Kames Capital plc | 287,685 | $42.7M | 0.51% | −36,177−11.2% | Reduced |
| Forsta Ap-Fonden | 282,300 | $41.9M | 0.25% | −37,400−11.7% | Reduced |
| Huntington National Bank | 278,415 | $41.4M | 0.25% | −13,721−4.7% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 275,709 | $41.0M | 0.21% | +14,686+5.6% | Added |
| Cornerstone Capital, Inc. | 267,375 | $39.7M | 3.89% | −3,543−1.3% | Reduced |
| Teachers Retirement System of the State of Kentucky | 263,454 | $39.2M | 0.30% | −5,300−2.0% | Reduced |
| Hantz Financial Services, Inc. | 256,973 | $38.2M | 0.58% | −44,470−14.8% | Reduced |
| D. E. Shaw & Co., Inc. | 250,343 | $37.2M | 0.03% | −69,008−21.6% | Reduced |
| Mariner, LLC | 249,986 | $37.2M | 0.05% | −50,776−16.9% | Reduced |
| GF Fund Management Co. Ltd. | 230,500 | $34.3M | 0.62% | +110,500+92.1% | Added |
| WT Asset Management Ltd | 222,200 | $33.0M | 1.52% | +222,200 | New |
| Public Sector Pension Investment Board | 221,863 | $33.0M | 0.12% | +104,018+88.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 215,503 | $32.0M | 0.09% | +24,444+12.8% | Added |
| Public Employees Retirement System of Ohio | 212,830 | $31.6M | 0.10% | −51,283−19.4% | Reduced |
| HighTower Advisors, LLC | 200,575 | $29.8M | 0.03% | +22,989+12.9% | Added |
| Assetmark, Inc | 200,168 | $29.7M | 0.06% | +17,252+9.4% | Added |
| Trillium Asset Management, LLC | 196,329 | $29.2M | 0.77% | −14,393−6.8% | Reduced |
| Varma Mutual Pension Insurance Co | 195,858 | $29.1M | 0.19% | +15,700+8.7% | Added |
| Northwestern Mutual Wealth Management Co | 194,295 | $28.9M | 0.02% | +9,974+5.4% | Added |
| Intech Investment Management LLC | 192,362 | $28.6M | 0.25% | +14,098+7.9% | Added |
| Northwest & Ethical Investments L.P. | 192,020 | $28.6M | 0.67% | −29,148−13.2% | Reduced |
| USS Investment Management Ltd | 190,758 | $28.3M | 0.14% | 00.0% | Unchanged |
| O'Shaughnessy Asset Management, LLC | 189,833 | $28.2M | 0.17% | +39,249+26.1% | Added |
| BIT Capital GmbH | 188,752 | $28.1M | 1.28% | +81,723+76.4% | Added |
| Rheos Capital Works Inc. | 188,000 | $27.9M | 1.56% | +188,000 | New |
| Ampersand Capital Group, L.P. | 184,763 | $27.5M | 12.37% | 00.0% | Unchanged |
| AIA Group Ltd | 183,433 | $27.3M | 0.48% | −2,625−1.4% | Reduced |
| Tremblant Capital Group | 182,089 | $27.1M | 2.79% | −118,598−39.4% | Reduced |