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, Q4 2025
Institutional positions in Shopify Inc. as of Dec 31, 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
- 1,892
- +211 vs. Q3 2025
- Shares held
- 858.8M
- +35.1M (+4.3%) vs. Q3 2025
- Total value
- $138.3B
- +$15.8B (+12.9%) vs. Q3 2025
- New holders
- 325
- 645 more added
- Sold out
- 114
- 661 more reduced
37 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Ethic Inc. | 9,080 | $1.46M | 0.02% | +1,109+13.9% | Added |
| Brown, Lisle/Cummings, Inc. | 9,100 | $1.46M | 0.36% | +975+12.0% | Added |
| Moore Capital Management, LP | 9,108 | $1.47M | 0.03% | +6,287+222.9% | Added |
| Cornerstone Enterprises, LLC | 9,170 | $1.48M | 0.71% | +1,533+20.1% | Added |
| Riverpark Capital Management LLC | 9,237 | $1.49M | 2.87% | −3,704−28.6% | Reduced |
| Dynamic Technology Lab Private Ltd | 9,290 | $1.50M | 0.34% | +9,290 | New |
| Moneta Group Investment Advisors LLC | 9,291 | $1.50M | 0.01% | +1,208+14.9% | Added |
| Fiduciary Planning LLC | 9,294 | $1.50M | 0.45% | −236−2.5% | Reduced |
| Menard Financial Group LLC | 9,321 | $1.50M | 1.03% | −6−0.1% | Reduced |
| Institute for Wealth Management, LLC. | 9,325 | $1.50M | 0.16% | −462−4.7% | Reduced |
| Z3 Capital Partners, LLC | 9,350 | $1.51M | 0.36% | +9,350 | New |
| Cherry Creek Investment Advisors, Inc. | 9,359 | $1.51M | 0.64% | −588−5.9% | Reduced |
| Indivisible Partners | 9,408 | $1.51M | 0.16% | +9,408 | New |
| Newbridge Financial Services Group, Inc. | 9,486 | $1.53M | 0.24% | −1,786−15.8% | Reduced |
| BNP Paribas | 9,490 | $1.53M | 0.04% | +4,043+74.2% | Added |
| Intercapital, LLC | 9,595 | $1.54M | 0.81% | +9,595 | New |
| Monetta Financial Services Inc | 9,600 | $1.55M | 1.11% | +2,600+37.1% | Added |
| Cyndeo Wealth Partners, LLC | 9,605 | $1.55M | 0.08% | +1,975+25.9% | Added |
| StoneCrest Wealth Management, Inc. | 9,613 | $1.55M | 0.62% | +244+2.6% | Added |
| BLB&B Advisors, LLC | 9,619 | $1.55M | 0.06% | −316−3.2% | Reduced |
| Frank, Rimerman Advisors LLC | 9,628 | $1.55M | 0.10% | +28+0.3% | Added |
| Kohmann Bosshard Financial Services, LLC | 9,650 | $1.55M | 0.14% | −1,064−9.9% | Reduced |
| Gladstone Institutional Advisory LLC | 9,777 | $1.57M | 0.06% | +2,385+32.3% | Added |
| Manchester Capital Management LLC | 9,846 | $1.58M | 0.22% | +761+8.4% | Added |
| Peapack Gladstone Financial Corp | 9,891 | $1.59M | 0.02% | −393−3.8% | Reduced |
| Sagespring Wealth Partners, LLC | 9,901 | $1.59M | 0.03% | +1,252+14.5% | Added |
| X-Square Capital, LLC | 9,904 | $1.59M | 0.52% | +161+1.7% | Added |
| WD Rutherford LLC | 9,969 | $1.60M | 0.67% | +2,557+34.5% | Added |
| DMG Group, LLC | 9,983 | $1.61M | 1.07% | −1,041−9.4% | Reduced |
| Syon Capital LLC | 9,998 | $1.61M | 0.08% | +2,258+29.2% | Added |
| Cypress Capital, LLC | 10,000 | $1.61M | 0.45% | 00.0% | Unchanged |
| Permanens Capital L.P. | 10,030 | $1.61M | 0.21% | +2,103+26.5% | Added |
| Wealth Management Partners, LLC | 10,052 | $1.62M | 0.46% | −63−0.6% | Reduced |
| TriaGen Wealth Management LLC | 10,069 | $1.62M | 0.42% | −7,170−41.6% | Reduced |
| Fortis Group Advisors, LLC | 12,423 | $1.63M | 0.27% | −238−1.9% | Reduced |
| AlphaCore Capital LLC | 10,145 | $1.63M | 0.04% | +2,504+32.8% | Added |
| Sunbelt Securities, Inc. | 10,201 | $1.64M | 0.11% | −2,634−20.5% | Reduced |
| YANKCOM Partnership | 10,264 | $1.65M | 0.70% | +26+0.3% | Added |
| CMT Capital Markets Trading GmbH | 10,276 | $1.65M | 1.09% | −116,974−91.9% | Reduced |
| Qtron Investments LLC | 10,294 | $1.66M | 0.22% | −2,628−20.3% | Reduced |
| Diversified Trust Co | 10,349 | $1.67M | 0.03% | +844+8.9% | Added |
| Virtu Financial LLC | 10,418 | $1.68M | 0.06% | +7,848+305.4% | Added |
| Pinnacle Associates Ltd | 10,483 | $1.69M | 0.02% | −1,504−12.5% | Reduced |
| Baer Investment Advisory LLC | 10,503 | $1.69M | 2.36% | −430−3.9% | Reduced |
| One Wealth Capital Management, LLC | 10,562 | $1.70M | 0.72% | −579−5.2% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 12,370 | $1.70M | 0.02% | −30−0.2% | Reduced |
| NVWM, LLC | 10,652 | $1.71M | 0.37% | +257+2.5% | Added |
| Abbot Financial Management, Inc. | 10,731 | $1.73M | 0.72% | +167+1.6% | Added |
| OpenArc Corporate Advisory, LLC | 10,746 | $1.73M | 0.03% | +10,746 | New |
| William Blair Investment Management, LLC | 10,764 | $1.73M | 0.00% | −576−5.1% | Reduced |
| Bluebird Wealth Management LLC | 10,769 | $1.73M | 1.62% | +10,769 | New |
| Midway Capital Research & Management | 10,778 | $1.73M | 1.69% | +10,778 | New |
| Nicholas Investment Partners, LP | 10,781 | $1.74M | 0.13% | +1,212+12.7% | Added |
| Keating Financial Advisory Services, Inc. | 10,796 | $1.74M | 0.24% | +10,796 | New |
| Genesis Financial Group, LLC | 10,800 | $1.74M | 1.01% | +10,800 | New |
| Whitaker-Myers Wealth Managers, LTD. | 10,819 | $1.74M | 0.36% | +10,819 | New |
| Grant Private Wealth Management Inc | 10,824 | $1.74M | 1.05% | +1,400+14.9% | Added |
| IHT Wealth Management, LLC | 10,875 | $1.75M | 0.04% | +768+7.6% | Added |
| Knollwood Investment Advisory, LLC | 10,930 | $1.76M | 0.17% | −9,686−47.0% | Reduced |
| Pembroke Management, LTD | 10,937 | $1.76M | 0.18% | 00.0% | Unchanged |
| Roundview Capital LLC | 10,952 | $1.76M | 0.11% | −217−1.9% | Reduced |
| Quadcap Wealth Management, LLC | 10,978 | $1.77M | 0.20% | +40.0% | Added |
| Three Seasons Wealth, LLC | 10,987 | $1.77M | 0.17% | −6,155−35.9% | Reduced |
| XTX Topco Ltd | 11,144 | $1.79M | 0.05% | +11,144 | New |
| Perpetual Ltd | 11,184 | $1.80M | 0.03% | −162,385−93.6% | Reduced |
| Baker Tilly Wealth Management, LLC | 11,235 | $1.81M | 0.45% | −1,463−11.5% | Reduced |
| Capstone Triton Financial Group, LLC | 11,261 | $1.81M | 1.20% | −1,734−13.3% | Reduced |
| Yousif Capital Management, LLC | 12,663 | $1.83M | 0.02% | −2,451−16.2% | Reduced |
| Norris Financial Group, LLC | 11,369 | $1.83M | 0.62% | −7,259−39.0% | Reduced |
| HB Wealth Management, LLC | 11,392 | $1.83M | 0.01% | +1,285+12.7% | Added |
| Titleist Asset Management, LLC | 11,423 | $1.84M | 0.15% | −166−1.4% | Reduced |
| Sumitomo Life Insurance Co | 11,597 | $1.87M | 0.05% | +101+0.9% | Added |
| Danske Bank A/S | 11,621 | $1.87M | 0.00% | +6,558+129.5% | Added |
| Legacy Financial Advisors, Inc. | 11,690 | $1.88M | 0.26% | +499+4.5% | Added |
| Jump Financial, LLC | 11,694 | $1.88M | 0.02% | −28,715−71.1% | Reduced |
| Fortis Capital Advisors, LLC | 11,777 | $1.90M | 0.28% | +3,544+43.0% | Added |
| Rare Wolf Capital LLC | 11,824 | $1.90M | 1.19% | +11,824 | New |
| State of Wyoming | 11,854 | $1.91M | 0.21% | +1,340+12.7% | Added |
| Strong Retirement Solutions LLC | 11,944 | $1.92M | 1.30% | +11,944 | New |
| Warren Averett Asset Management, LLC | 11,972 | $1.93M | 0.02% | +2,651+28.4% | Added |
| Woodward Diversified Capital, LLC | 12,024 | $1.94M | 0.89% | 00.0% | Unchanged |
| First Manhattan Co | 12,093 | $1.95M | 0.01% | +2,777+29.8% | Added |
| Intrinsic Value Partners, LLC | 12,119 | $1.95M | 1.46% | −205−1.7% | Reduced |
| Western Financial Corp | 12,119 | $1.95M | 0.77% | +187+1.6% | Added |
| Capital Fund Management S.A. | 12,188 | $1.96M | 0.02% | −27,203−69.1% | Reduced |
| RHL Group, LLC | 12,192 | $1.96M | 1.58% | +12,192 | New |
| Fairvoy Private Wealth, LLC | 12,215 | $1.97M | 0.44% | +765+6.7% | Added |
| Pine Valley Investments Ltd Liability Co | 12,224 | $1.97M | 0.10% | 00.0% | Unchanged |
| 111 Capital | 12,235 | $1.97M | 0.43% | −3,305−21.3% | Reduced |
| Macquarie Group Ltd | 12,296 | $1.98M | 0.01% | −1,071,429−98.9% | Reduced |
| Capula Management Ltd | 12,359 | $1.99M | 0.01% | −20,259−62.1% | Reduced |
| Axxcess Wealth Management, LLC | 12,388 | $1.99M | 0.04% | −972−7.3% | Reduced |
| Gables Capital Management Inc. | 12,420 | $2.00M | 0.84% | +4,120+49.6% | Added |
| Interchange Capital Partners, LLC | 12,437 | $2.00M | 0.37% | −297−2.3% | Reduced |
| Morningstar Investment Management LLC | 12,548 | $2.02M | 0.12% | +12,548 | New |
| Oder Investment Management, LLC | 12,572 | $2.02M | 1.47% | −2,423−16.2% | Reduced |
| Aptus Capital Advisors, LLC | 12,646 | $2.04M | 0.02% | +318+2.6% | Added |
| Kingswood Wealth Advisors, LLC | 12,712 | $2.05M | 0.10% | +5,141+67.9% | Added |
| EP Wealth Advisors, LLC | 12,716 | $2.05M | 0.01% | +12,716 | New |
| Kirtland Hills Capital Management, LLC | 12,781 | $2.06M | 0.72% | +672+5.5% | Added |