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 |
|---|---|---|---|---|---|
| Melqart Asset Management (UK) Ltd | 32,388 | $5.21M | 0.52% | +18,566+134.3% | Added |
| Nordea Investment Management AB | 32,318 | $5.23M | 0.00% | 00.0% | Unchanged |
| Castlefield Investment Partners LLP | 32,512 | $5.24M | 4.04% | +32,512 | New |
| MIG Capital, LLC | 32,593 | $5.25M | 0.89% | 00.0% | Unchanged |
| Moody Lynn & Lieberson, LLC | 32,652 | $5.26M | 0.28% | −720−2.2% | Reduced |
| Merit Financial Group, LLC | 32,689 | $5.26M | 0.04% | +14,427+79.0% | Added |
| Hartline Investment Corp | 32,701 | $5.26M | 0.57% | +6,950+27.0% | Added |
| Ritholtz Wealth Management | 32,756 | $5.27M | 0.10% | +3,268+11.1% | Added |
| Logan Capital Management Inc | 32,782 | $5.27M | 0.22% | +18+0.1% | Added |
| Quadrant Capital Group LLC | 32,874 | $5.29M | 0.16% | −55−0.2% | Reduced |
| Atomi Financial Group, Inc. | 33,105 | $5.33M | 0.16% | +2,488+8.1% | Added |
| VMS Asset Management Limited | 33,270 | $5.36M | 2.06% | +33,270 | New |
| DF Dent & Co Inc | 33,341 | $5.37M | 0.08% | −917−2.7% | Reduced |
| Maytus Capital Management, LLC | 33,500 | $5.39M | 1.27% | −5,500−14.1% | Reduced |
| Icon Wealth Advisors, LLC | 33,695 | $5.42M | 0.36% | −5,451−13.9% | Reduced |
| HighPoint Advisor Group LLC | 33,857 | $5.45M | 0.12% | +10,932+47.7% | Added |
| Infusive Asset Management Inc. | 34,237 | $5.51M | 2.35% | −4,898−12.5% | Reduced |
| Vise Technologies, Inc. | 34,444 | $5.54M | 0.11% | +2,962+9.4% | Added |
| Spear Advisors LLC | 34,573 | $5.57M | 3.90% | +34,573 | New |
| Park Avenue Securities LLC | 34,745 | $5.59M | 0.05% | −870−2.4% | Reduced |
| Two Sigma Investments, LP | 35,187 | $5.66M | 0.01% | +1,787+5.4% | Added |
| J.W. Cole Advisors, Inc. | 35,888 | $5.76M | 0.14% | −3,591−9.1% | Reduced |
| SBI Securities Co., Ltd. | 35,980 | $5.79M | 0.15% | +1,217+3.5% | Added |
| PKO Investment Management Joint-Stock Co | 36,000 | $5.81M | 0.46% | 00.0% | Unchanged |
| Independent Solutions Wealth Management, LLC | 36,111 | $5.81M | 1.07% | −2,456−6.4% | Reduced |
| Sciencast Management LP | 36,308 | $5.84M | 0.81% | +36,308 | New |
| Laurion Capital Management LP | 36,716 | $5.91M | 0.40% | +36,716 | New |
| Prairie Wealth Advisors, Inc. | 0 | $5.95M | 2.52% | −37,290−100.0% | Reduced |
| Fifth Third Bancorp | 37,205 | $5.99M | 0.02% | −503−1.3% | Reduced |
| Diversify Wealth Management, LLC | 35,865 | $6.01M | 0.28% | −7,155−16.6% | Reduced |
| Exchange Traded Concepts, LLC | 37,582 | $6.05M | 0.05% | +4,235+12.7% | Added |
| Jain Global LLC | 37,678 | $6.07M | 0.06% | −19,403−34.0% | Reduced |
| AdvisorNet Financial, Inc | 37,682 | $6.07M | 0.32% | +160.0% | Added |
| Next Century Growth Investors LLC | 38,036 | $6.12M | 0.43% | −83−0.2% | Reduced |
| Montrusco Bolton Investments Inc. | 38,112 | $6.14M | 0.08% | −6,300−14.2% | Reduced |
| Stephens Inc | 38,228 | $6.15M | 0.08% | −1,978−4.9% | Reduced |
| Worldquant Millennium Advisors LLC | 38,243 | $6.16M | 0.02% | −3,682−8.8% | Reduced |
| Carlson Financial, Inc. | 38,469 | $6.19M | 3.59% | +38,469 | New |
| Pittenger & Anderson Inc | 38,780 | $6.24M | 0.24% | −5,030−11.5% | Reduced |
| Westside Investment Management, Inc. | 39,118 | $6.26M | 1.00% | −1,703−4.2% | Reduced |
| Tiaa Trust, National Association | 39,540 | $6.36M | 0.02% | −46,808−54.2% | Reduced |
| Broadleaf Partners, LLC | 39,905 | $6.42M | 1.35% | +39,905 | New |
| Laird Norton Trust Company, LLC | 40,045 | $6.45M | 0.13% | +40,045 | New |
| Munich Reinsurance Co Stock Corp in Munich | 39,374 | $6.45M | 0.16% | +24,213+159.7% | Added |
| Citizens Financial Group Inc | 40,137 | $6.46M | 0.09% | −594−1.5% | Reduced |
| Calamos Advisors LLC | 40,604 | $6.54M | 0.03% | +14,332+54.6% | Added |
| Dunhill Financial, LLC | 40,619 | $6.54M | 1.60% | −200.0% | Reduced |
| Sepio Capital, LP | 40,752 | $6.56M | 0.36% | +281+0.7% | Added |
| Norinchukin Bank, The | 40,843 | $6.57M | 0.08% | +6,591+19.2% | Added |
| Gerber Kawasaki Wealth & Investment Management | 42,301 | $6.81M | 0.24% | −264−0.6% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 42,356 | $6.82M | 0.02% | +4,557+12.1% | Added |
| Prudential Financial Inc | 42,487 | $6.85M | 0.01% | +12,285+40.7% | Added |
| Marsico Capital Management LLC | 42,818 | $6.89M | 0.19% | −48,809−53.3% | Reduced |
| Oak Ridge Investments LLC | 42,923 | $6.91M | 0.42% | +42,923 | New |
| Flagship Harbor Advisors, LLC | 43,009 | $6.92M | 0.33% | −2,106−4.7% | Reduced |
| Bailard, Inc. | 43,374 | $6.98M | 0.15% | +201+0.5% | Added |
| Concurrent Investment Advisors, LLC | 44,084 | $7.10M | 0.08% | +17,495+65.8% | Added |
| Arthur M. Cohen & Associates, LLC | 44,176 | $7.11M | 1.16% | +770+1.8% | Added |
| Ameritas Investment Partners, Inc. | 44,200 | $7.11M | 0.22% | +3,498+8.6% | Added |
| Catalytic Wealth RIA, LLC | 44,331 | $7.14M | 0.26% | −2,295−4.9% | Reduced |
| Benjamin Edwards Inc | 44,516 | $7.17M | 0.08% | −1,148−2.5% | Reduced |
| AE Wealth Management LLC | 44,571 | $7.17M | 0.04% | +23,739+114.0% | Added |
| Oppenheimer & Co Inc | 44,601 | $7.18M | 0.10% | +4,354+10.8% | Added |
| Guardian Capital LP | 44,590 | $7.18M | 0.21% | −22,661−33.7% | Reduced |
| Alerus Financial NA | 44,635 | $7.18M | 0.35% | +18,123+68.4% | Added |
| Metis Global Partners, LLC | 44,856 | $7.22M | 0.17% | −10,224−18.6% | Reduced |
| Cary Street Partners Financial LLC | 45,696 | $7.36M | 0.18% | −150−0.3% | Reduced |
| Skopos Labs, Inc. | 43,900 | $7.37M | 0.34% | +30,137+219.0% | Added |
| Farther Finance Advisors, LLC | 45,924 | $7.39M | 0.08% | +18,672+68.5% | Added |
| Journey Retirement Planning & Investment Management LLC | 45,988 | $7.40M | 1.52% | +45,988 | New |
| Columbus Hill Capital Management, L.P. | 46,123 | $7.42M | 1.04% | −777−1.7% | Reduced |
| Portside Wealth Group, LLC | 46,224 | $7.44M | 1.01% | −11,544−20.0% | Reduced |
| RSM US Wealth Management LLC | 45,862 | $7.51M | 0.10% | +1,000+2.2% | Added |
| Aviso Financial Inc. | 46,776 | $7.53M | 0.29% | +1,285+2.8% | Added |
| Groupe la Francaise | 47,341 | $7.62M | 0.11% | +46,396+4,909.6% | Added |
| Financial Avengers, Inc. | 47,359 | $7.62M | 3.12% | +2,244+5.0% | Added |
| Atalanta Sosnoff Capital, LLC | 47,979 | $7.72M | 0.15% | +513+1.1% | Added |
| Beacon Pointe Advisors, LLC | 48,115 | $7.75M | 0.05% | +22,033+84.5% | Added |
| Private Advisor Group, LLC | 48,652 | $7.83M | 0.04% | +7,858+19.3% | Added |
| Kestra Private Wealth Services, LLC | 48,723 | $7.84M | 0.10% | −753−1.5% | Reduced |
| Crestwood Advisors Group LLC | 48,947 | $7.88M | 0.13% | +453+0.9% | Added |
| Omers Administration Corp | 48,948 | $7.88M | 0.06% | −37,296−43.2% | Reduced |
| Winton Group Ltd | 49,158 | $7.91M | 0.27% | +15,858+47.6% | Added |
| Americana Partners, LLC | 49,308 | $7.94M | 0.22% | +18,749+61.4% | Added |
| Orion Investment Co | 49,480 | $7.96M | 2.44% | +758+1.6% | Added |
| FFG Partners, LLC | 50,646 | $8.15M | 2.36% | +360+0.7% | Added |
| Gateway Investment Advisers LLC | 50,811 | $8.18M | 0.08% | +244+0.5% | Added |
| United Capital Financial Advisers, LLC | 51,393 | $8.27M | 0.05% | +25,608+99.3% | Added |
| Bogart Wealth, LLC | 51,588 | $8.30M | 0.33% | −16,563−24.3% | Reduced |
| Kovack Advisors, Inc. | 52,668 | $8.48M | 0.40% | +39,867+311.4% | Added |
| TCG Advisory Services, LLC | 52,750 | $8.49M | 0.23% | +836+1.6% | Added |
| Sienna Gestion | 52,100 | $8.49M | 0.52% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 52,924 | $8.52M | 0.05% | −3,475−6.2% | Reduced |
| Signaturefd, LLC | 54,100 | $8.71M | 0.13% | +237+0.4% | Added |
| Synergy Financial Group, LTD | 54,282 | $8.74M | 6.14% | −9,167−14.4% | Reduced |
| Achmea Investment Management B.V. | 54,228 | $8.74M | 0.22% | +38,841+252.4% | Added |
| Voleon Capital Management LP | 54,484 | $8.77M | 0.19% | +54,484 | New |
| Employees Retirement System of Texas | 54,624 | $8.79M | 0.07% | −20,191−27.0% | Reduced |
| Weaver Capital Management LLC | 55,511 | $8.94M | 1.89% | +1,891+3.5% | Added |
| Strategic Planning Group, LLC | 55,883 | $9.00M | 1.16% | +2,510+4.7% | Added |