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 |
|---|---|---|---|---|---|
| BTG Pactual Asset Management US LLC | 1,372 | $220.9K | 0.02% | 00.0% | Unchanged |
| Riversedge Advisors, LLC | 1,373 | $221.0K | 0.04% | +1,373 | New |
| New Wave Wealth Advisors LLC | 1,378 | $221.8K | 0.08% | −391−22.1% | Reduced |
| Tradewinds, LLC. | 1,380 | $222.1K | 0.05% | 00.0% | Unchanged |
| Pacifica Partners Inc. | 1,418 | $222.8K | 0.10% | −12−0.8% | Reduced |
| Tran Capital Management, L.P. | 1,384 | $222.8K | 0.03% | +1,384 | New |
| Victory Financial Group, LLC | 1,385 | $222.9K | 0.03% | +1,385 | New |
| Matisse Capital | 1,390 | $223.7K | 0.10% | +1,390 | New |
| Prelude Capital Management, LLC | 1,391 | $223.9K | 0.02% | −46,340−97.1% | Reduced |
| Stonebridge Capital Advisors LLC | 1,395 | $224.6K | 0.02% | −425−23.4% | Reduced |
| Rosenblum Silverman Sutton S F Inc | 1,400 | $225.4K | 0.05% | 00.0% | Unchanged |
| West Tower Group, LLC | 1,400 | $225.4K | 0.52% | +1,400 | New |
| Banco Santander, S.A. | 1,403 | $225.8K | 0.00% | −71−4.8% | Reduced |
| R Squared Ltd | 1,406 | $226.3K | 0.11% | +1,406 | New |
| CV Advisors LLC | 1,410 | $227.0K | 0.06% | −50−3.4% | Reduced |
| Leith Wheeler Investment Counsel Ltd. | 1,410 | $227.0K | 0.02% | 00.0% | Unchanged |
| TRUE Private Wealth Advisors | 1,416 | $228.0K | 0.02% | +1,416 | New |
| Kieckhefer Group LLC | 1,418 | $228.3K | 0.11% | −232−14.1% | Reduced |
| BLVD Private Wealth, LLC | 1,418 | $228.3K | 0.20% | +47+3.4% | Added |
| Kelly Financial Services LLC | 1,421 | $228.7K | 0.06% | +15+1.1% | Added |
| Cary Street Partner Investment Advisory LLC | 1,425 | $229.4K | 0.06% | +506+55.1% | Added |
| Buck Wealth Strategies, LLC | 1,429 | $230.0K | 0.03% | +1,429 | New |
| Berger Financial Group, Inc | 1,433 | $230.7K | 0.01% | −175−10.9% | Reduced |
| BCS Wealth Management | 1,434 | $230.8K | 0.02% | +1,434 | New |
| Barnes Dennig Private Wealth Management LLC | 1,435 | $231.0K | 0.23% | +120+9.1% | Added |
| Naviter Wealth, LLC | 1,442 | $232.1K | 0.03% | −182−11.2% | Reduced |
| Formidable Asset Management, LLC | 1,566 | $232.7K | 0.03% | +1,566 | New |
| Bollard Group LLC | 1,448 | $233.0K | 0.01% | +1,448 | New |
| TAGStone Capital, Inc. | 1,449 | $233.2K | 0.09% | 00.0% | Unchanged |
| Brendel Financial Advisors LLC | 1,449 | $233.2K | 0.11% | +1,449 | New |
| Keyes, Stange & Wooten Wealth Management, LLC | 1,452 | $233.7K | 0.11% | 00.0% | Unchanged |
| Tortoise Investment Management, LLC | 1,452 | $233.7K | 0.02% | +50+3.6% | Added |
| Maple Capital Management, Inc. | 1,452 | $233.7K | 0.01% | +1,452 | New |
| Bell & Brown Wealth Advisors, LLC | 1,455 | $234.2K | 0.08% | −210−12.6% | Reduced |
| Certified Advisory Corp | 1,455 | $234.2K | 0.02% | +30+2.1% | Added |
| BCJ Capital Management, LLC | 1,456 | $234.4K | 0.01% | +1,456 | New |
| SmartHarvest Portfolios, LLC | 1,458 | $234.7K | 0.08% | +1,458 | New |
| Kraft, Davis & Associates, LLC | 1,411 | $236.0K | 0.05% | +1,411 | New |
| Pacific Excel Wealth Advisors, Inc. | 1,485 | $236.5K | 0.45% | +1,485 | New |
| Parsons Capital Management Inc | 1,475 | $237.4K | 0.01% | 00.0% | Unchanged |
| Parcion Private Wealth LLC | 1,475 | $237.4K | 0.01% | 00.0% | Unchanged |
| Johnson Financial Group, Inc. | 1,480 | $238.2K | 0.01% | −130−8.1% | Reduced |
| Flagstone Financial Management | 1,480 | $238.2K | 0.06% | 00.0% | Unchanged |
| Gallagher Capital Advisors, LLC | 1,483 | $238.7K | 0.15% | −34−2.2% | Reduced |
| Inscription Capital, LLC | 1,485 | $239.0K | 0.02% | +26+1.8% | Added |
| McGlone Suttner Wealth Management, Inc. | 1,485 | $239.1K | 0.03% | −785−34.6% | Reduced |
| MGB Wealth Management, LLC | 1,491 | $240.0K | 0.07% | 00.0% | Unchanged |
| Cohen & Steers, Inc. | 1,500 | $241.0K | 0.00% | 00.0% | Unchanged |
| Mosaic Financial Group, LLC | 1,499 | $241.0K | 0.16% | 00.0% | Unchanged |
| 44 Wealth Management LLC | 1,499 | $241.3K | 0.08% | −2−0.1% | Reduced |
| Chapin Davis, Inc. | 1,500 | $241.5K | 0.06% | 00.0% | Unchanged |
| S&T Bank | 1,500 | $241.5K | 0.08% | 00.0% | Unchanged |
| Chatham Capital Group, Inc. | 1,500 | $241.5K | 0.03% | 00.0% | Unchanged |
| Vision Capital Management, Inc. | 1,500 | $241.5K | 0.03% | 00.0% | Unchanged |
| Van Cleef Asset Management,Inc | 1,500 | $241.5K | 0.02% | 00.0% | Unchanged |
| Tru Independence Asset Management 2, LLC | 1,500 | $241.5K | 0.15% | 00.0% | Unchanged |
| Allen Mooney & Barnes Investment Advisors LLC | 1,500 | $241.5K | 0.04% | 00.0% | Unchanged |
| Eurizon Capital SGR S.p.A. | 1,500 | $241.5K | 0.00% | +1,500 | New |
| KPP Advisory Services LLC | 1,501 | $241.6K | 0.04% | −99−6.2% | Reduced |
| United Asset Strategies, Inc. | 1,502 | $241.8K | 0.02% | +2+0.1% | Added |
| HCR Wealth Advisors | 1,505 | $242.3K | 0.02% | −100−6.2% | Reduced |
| Beacon Capital Management, LLC | 1,507 | $242.6K | 0.04% | −212−12.3% | Reduced |
| McGuire Capital Advisors Inc | 1,510 | $243.1K | 0.15% | +1,510 | New |
| Murphy & Mullick Capital Management Corp | 1,512 | $243.4K | 0.18% | −149−9.0% | Reduced |
| Linscomb & Williams, Inc. | 1,513 | $243.5K | 0.01% | −405−21.1% | Reduced |
| SBI Okasan Asset Management Co.Ltd. | 1,451 | $243.6K | 0.01% | +1,451 | New |
| Affinity Capital Advisors, LLC | 1,515 | $243.9K | 0.03% | 00.0% | Unchanged |
| Carret Asset Management, LLC | 1,515 | $243.9K | 0.02% | 00.0% | Unchanged |
| Five Oceans Advisors | 1,519 | $244.5K | 0.09% | 00.0% | Unchanged |
| Werba Rubin Papier Wealth Management | 1,525 | $245.5K | 0.07% | +42+2.8% | Added |
| COFG Advisors, LLC | 1,528 | $246.0K | 0.06% | +1,528 | New |
| Certior Financial Group, LLC | 1,540 | $247.9K | 0.17% | −390−20.2% | Reduced |
| Enterprise Financial Services Corp | 1,554 | $250.1K | 0.13% | +91+6.2% | Added |
| Fox Hill Wealth Management | 1,556 | $250.5K | 0.12% | +8+0.5% | Added |
| Haven Private, LLC | 1,559 | $251.0K | 0.11% | 00.0% | Unchanged |
| Hancock Whitney Corp | 1,560 | $251.1K | 0.00% | +5+0.3% | Added |
| Lighthouse Investment Partners, LLC | 1,564 | $251.8K | 0.01% | −1,416−47.5% | Reduced |
| Cloud Capital Management, LLC | 1,566 | $252.0K | 0.12% | +634+68.0% | Added |
| Commonwealth Financial Services, LLC | 1,571 | $252.9K | 0.04% | −15−0.9% | Reduced |
| OneAscent Family Office, LLC | 1,572 | $253.0K | 0.17% | +1,572 | New |
| Kennon-Green & Company, LLC | 1,574 | $253.4K | 0.20% | −50−3.1% | Reduced |
| Finivi Inc. | 1,577 | $253.8K | 0.15% | −37−2.3% | Reduced |
| Frederick Financial Consultants, LLC | 1,586 | $255.3K | 0.14% | −84−5.0% | Reduced |
| Traveka Wealth, LLC | 1,587 | $255.5K | 0.10% | +140+9.7% | Added |
| Citrine Capital LLC | 1,592 | $256.3K | 0.12% | 00.0% | Unchanged |
| Embree Financial Group | 1,595 | $256.7K | 0.03% | −3−0.2% | Reduced |
| Caerus Investment Advisors, LLC | 1,598 | $257.2K | 0.09% | −620−28.0% | Reduced |
| Tidemark, LLC | 1,599 | $257.4K | 0.07% | −5−0.3% | Reduced |
| First Community Trust NA | 1,599 | $257.4K | 0.19% | +84+5.5% | Added |
| Palumbo Wealth Management LLC | 1,600 | $257.6K | 0.06% | 00.0% | Unchanged |
| Richard Young Associates, Ltd. | 1,600 | $257.6K | 0.20% | +1,600 | New |
| Essex Financial Services, Inc. | 1,609 | $259.0K | 0.01% | −21−1.3% | Reduced |
| One Wealth Advisors, LLC | 1,610 | $259.2K | 0.03% | 00.0% | Unchanged |
| Accel Wealth Management | 1,620 | $260.8K | 0.07% | +86+5.6% | Added |
| Calton & Associates, Inc. | 1,620 | $260.8K | 0.04% | −120−6.9% | Reduced |
| Rockwood Wealth Management, LLC | 1,621 | $260.9K | 0.02% | +48+3.1% | Added |
| Concentric Capital Strategies, LP | 1,624 | $261.4K | 0.01% | −61,619−97.4% | Reduced |
| Aspen Investment Management Inc | 1,630 | $262.0K | 0.08% | +35+2.2% | Added |
| Syntegra Private Wealth Group, LLC | 1,644 | $264.6K | 0.02% | 00.0% | Unchanged |
| GWN Securities Inc. | 1,649 | $265.4K | 0.05% | +1,649 | New |