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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, 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.

Institutional holdersQ4 2025: 1,892 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 heldQ4 2025: $138.3B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q3 2025.

Institutions holding SHOP in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Flagship Wealth Advisors, LLC93$15.0K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC96$15.5K0.00%+86+860.0%Added
Legacy Bridge, LLC98$15.8K0.01%00.0%Unchanged
Capital Analysts, LLC102$16.0K0.00%00.0%Unchanged
Hager Investment Management Services, LLC100$16.1K0.01%00.0%Unchanged
Godsey & Gibb Associates103$16.6K0.00%+100+3,333.3%Added
Princeton Global Asset Management LLC105$16.9K0.00%00.0%Unchanged
Dogwood Wealth Management LLC107$17.2K0.01%+7+7.0%Added
Red Tortoise LLC110$17.7K0.01%00.0%Unchanged
IFC & Insurance Marketing, Inc.110$18.0K0.02%+110New
Turim 21 Investimentos Ltda.117$18.8K0.01%+117New
Fairscale Capital, LLC120$19.3K0.01%00.0%Unchanged
Olistico Wealth, LLC120$19.3K0.01%+120New
Hamrick Investment Counsel, llc120$19.3K0.01%+120New
Global Trust Asset Management, LLC121$19.5K0.01%−579−82.7%Reduced
Atwood & Palmer Inc122$19.6K0.00%+82+205.0%Added
Horizon Financial Services, LLC123$19.8K0.01%00.0%Unchanged
Smithfield Trust Co126$20.0K0.00%00.0%Unchanged
Motiv8 Investments LLC132$21.0K0.01%+132New
Hartford Financial Management Inc.136$21.9K0.01%00.0%Unchanged
Tradewinds Capital Management, LLC140$22.5K0.00%00.0%Unchanged
Rocky Mountain Advisers, LLC140$22.5K0.01%00.0%Unchanged
United Financial Planning Group LLC140$22.5K0.01%+140New
Hanson & Doremus Investment Management140$23.0K0.00%+26+22.8%Added
N.E.W. Advisory Services LLC144$23.2K0.00%−451−75.8%Reduced
Inlight Wealth Management, LLC145$23.3K0.01%00.0%Unchanged
Pingora Partners LLC150$24.1K0.01%−50−25.0%Reduced
Twin Lakes Capital Management, LLC150$24.1K0.01%00.0%Unchanged
McMillan Office, Inc.150$24.1K0.00%+150New
Elyxium Wealth, LLC152$24.5K0.01%+152New
Glynn Capital Management LLC159$25.6K0.01%00.0%Unchanged
Kingdom Financial Group LLC.160$25.8K0.01%+160New
Birchbrook, Inc.162$26.1K0.01%00.0%Unchanged
Gould Capital, LLC165$26.6K0.02%+40+32.0%Added
Curio Wealth, LLC160$27.1K0.01%+160New
Sachetta, LLC172$27.7K0.02%−200−53.8%Reduced
Financial Consulate, Inc179$28.8K0.00%−74−29.2%Reduced
TD Capital Management LLC179$28.8K0.00%00.0%Unchanged
Mowery & Schoenfeld Wealth Management, LLC183$29.5K0.04%+183New
Bangor Savings Bank186$29.9K0.00%+34+22.4%Added
Sound Income Strategies, LLC197$30.7K0.00%+89+82.4%Added
Lloyd Advisory Services, LLC.192$30.9K0.01%+192New
Lodestone Wealth Management LLC193$31.1K0.01%+193New
Medallion Wealth Advisors, LLC200$32.2K0.01%00.0%Unchanged
NorthAvenue LLC200$32.2K0.03%+200New
Sankala Group LLC272$32.8K0.03%+272New
Fountainhead AM, LLC206$33.2K0.05%−4,254−95.4%Reduced
Modus Advisors, LLC213$34.3K0.01%+213New
Navalign, LLC213$34.3K0.01%+213New
Stone House Investment Management, LLC227$36.5K0.01%+2+0.9%Added
American National Bank235$37.8K0.00%+65+38.2%Added
Rothschild Investment LLC237$38.2K0.00%−134−36.1%Reduced
Foster Dykema Cabot & Partners, LLC240$38.6K0.00%00.0%Unchanged
Bell Investment Advisors, Inc241$38.8K0.01%+112+86.8%Added
Glen Eagle Advisors, LLC241$38.8K0.01%+119+97.5%Added
Caitlin John, LLC244$39.3K0.03%00.0%Unchanged
Estabrook Capital Management250$40.2K0.01%00.0%Unchanged
Cornerstone Planning Group LLC290$40.3K0.01%+40+16.0%Added
Darwin Advisors, LLC260$41.9K0.01%00.0%Unchanged
Laurel Wealth Advisors LLC260$41.9K0.01%+260New
Winnow Wealth LLC262$42.2K0.03%+262New
Global Wealth Strategies & Associates263$42.3K0.01%00.0%Unchanged
Horrell Capital Management, Inc.265$42.7K0.02%00.0%Unchanged
Swiss Re Ltd278$44.8K0.00%+278New
Rossby Financial, LCC286$46.0K0.01%+73+34.3%Added
Activest Wealth Management292$46.9K0.01%−422−59.1%Reduced
Greykasell Wealth Strategies, Inc.296$47.6K0.02%00.0%Unchanged
Cape Investment Advisory, Inc.297$47.8K0.01%+46+18.3%Added
Concord Wealth Partners300$48.3K0.01%−411−57.8%Reduced
FWL Investment Management, LLC300$48.3K0.01%00.0%Unchanged
SWAN Capital LLC300$48.3K0.02%00.0%Unchanged
Vision Retirement, LLC300$48.3K0.01%+300New
DAGCO, Inc.317$51.0K0.01%00.0%Unchanged
MidFirst Bank3,658$51.2K0.00%+3,658New
Key Financial Inc322$51.8K0.01%−24−6.9%Reduced
Rachor Investment Advisory Services, LLC329$53.0K0.03%+329New
Tobam238$53.0K0.01%−210−46.9%Reduced
Clean Yield Group364$58.6K0.02%00.0%Unchanged
Holos Integrated Wealth LLC389$61.2K0.03%−391−50.1%Reduced
WealthCollab, LLC380$61.2K0.03%+80+26.7%Added
Your Advocates Ltd., LLP385$62.0K0.02%−15−3.8%Reduced
Hilton Head Capital Partners, LLC396$63.7K0.04%+396New
GoalVest Advisory LLC397$63.9K0.01%00.0%Unchanged
Western Pacific Wealth Management, LP400$64.4K0.06%00.0%Unchanged
Private Wealth Management Group, LLC407$65.5K0.02%−111−21.4%Reduced
Mirova407$65.5K0.01%00.0%Unchanged
Hoey Investments, Inc420$67.6K0.01%−10−2.3%Reduced
Compass Financial Services Inc425$68.4K0.03%00.0%Unchanged
Strategic Wealth Partners, Ltd.428$68.9K0.00%+33+8.4%Added
Scarborough Advisors, LLC430$69.2K0.01%−80−15.7%Reduced
SJS Investment Consulting Inc.436$70.2K0.01%+162+59.1%Added
Tucker Asset Management LLC437$70.3K0.02%−2,028−82.3%Reduced
Colonial Trust Co447$71.9K0.01%+107+31.5%Added
Catalyst Capital Advisors LLC448$72.1K0.00%−164−26.8%Reduced
Pin Oak Investment Advisors Inc662$74.0K0.05%−100−13.1%Reduced
Osterweis Capital Management Inc463$74.5K0.00%00.0%Unchanged
J.Safra Asset Management Corp482$77.6K0.00%+482New
Alphadyne Asset Management LP484$77.9K0.01%−1,085−69.2%Reduced
Kerr Financial Planning Corp720$80.4K0.11%00.0%Unchanged
Strategic Investment Solutions, Inc.500$80.5K0.02%+500New