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Livermore
ZHEN

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
Jamison Private Wealth Management, Inc.2,008$323.2K0.04%+28+1.4%Added
Abundance Wealth Counselors2,010$323.6K0.05%00.0%Unchanged
KCM Investment Advisors LLC2,011$323.7K0.01%00.0%Unchanged
Stephens Investment Management Group LLC2,027$326.3K0.00%+208+11.4%Added
Providence First Trust Co2,030$326.8K0.11%+2,030New
S Harris Financial Group, LLC2,031$326.9K0.31%+2,031New
Park National Corp2,035$327.6K0.01%+2,035New
Main Street Research LLC2,040$328.4K0.02%−576−22.0%Reduced
Trilogy Capital Inc.2,042$328.7K0.01%+12+0.6%Added
Acropolis Investment Management, LLC2,050$330.0K0.01%00.0%Unchanged
Summa Corp.2,051$330.1K0.14%+2,051New
Sunburst Financial Group, LLC2,059$331.4K0.07%+2,059New
Maripau Wealth Management LLC2,071$333.4K0.15%+248+13.6%Added
Davidson Kahn Capital Management, LLC2,072$333.5K0.17%+12+0.6%Added
Sapient Capital LLC2,037$333.5K0.00%+3+0.1%Added
BXM Wealth LLC10,124$334.1K0.26%+7,149+240.3%Added
Veracity Capital LLC2,076$334.1K0.10%+54+2.7%Added
McLean Asset Management Corp2,127$335.0K0.06%+241+12.8%Added
Marex Group plc2,094$337.1K0.00%+146+7.5%Added
Cromwell Holdings LLC2,098$337.7K0.18%−50−2.3%Reduced
M1 Capital Management LLC2,100$338.0K0.14%−60−2.8%Reduced
PUREfi Wealth, LLC2,124$341.9K0.26%−2,882−57.6%Reduced
Blodgett Wealth Advisors, LLC2,125$342.1K0.24%00.0%Unchanged
Twin Peaks Wealth Advisors, LLC2,896$342.9K0.10%−552−16.0%Reduced
Centaurus Financial, Inc.2,131$343.0K0.02%−711−25.0%Reduced
Pacific Sage Partners, LLC2,133$343.3K0.05%+80+3.9%Added
Moss Adams Wealth Advisors LLC2,144$345.1K0.03%00.0%Unchanged
Flaharty Asset Management, LLC2,145$345.3K0.04%00.0%Unchanged
Univest Financial Corp2,150$346.1K0.02%+50+2.4%Added
Forefront Wealth Partners, LLC2,161$347.9K0.16%−469−17.8%Reduced
Zions Bancorporation, National Association2,161$347.9K0.02%+6+0.3%Added
GAMMA Investing LLC2,161$347.9K0.02%+862+66.4%Added
Motley Fool Wealth Management, LLC2,165$348.6K0.03%+225+11.6%Added
Roman Butler Fullerton & Co2,533$348.6K0.09%−2,252−47.1%Reduced
GFS Advisors, LLC2,168$349.0K0.04%+208+10.6%Added
Dala Group, LLC2,176$350.3K0.30%+2,176New
Athena Wealth Management, LLC2,187$352.0K0.34%+2,187New
Bartlett & Co. Wealth Management LLC2,188$352.2K0.00%−100−4.4%Reduced
Joel Isaacson & Co., LLC2,189$352.4K0.01%−148−6.3%Reduced
Abound Wealth Management2,189$352.4K0.08%−46−2.1%Reduced
Simmons Bank2,189$352.4K0.02%−120−5.2%Reduced
Stonekeep Investments, LLC2,191$353.0K0.23%+19+0.9%Added
Canopy Partners, LLC2,195$353.3K0.12%+20+0.9%Added
Mendel Money Management2,200$354.1K0.15%00.0%Unchanged
Quintet Private Bank (Europe) S.A.2,200$354.1K0.02%00.0%Unchanged
Jacobs & Co2,228$358.0K0.03%00.0%Unchanged
Patron Partners Advisors, LLC2,229$358.8K0.16%+178+8.7%Added
NWF Advisory Services Inc.2,234$359.6K0.04%00.0%Unchanged
New Republic Capital, LLC2,240$360.6K0.10%+2,240New
Mountain Capital Investment Advisors, Inc2,623$361.7K0.06%−28−1.1%Reduced
55 North Private Wealth, LLC2,249$362.0K0.10%+2,249New
Cypress Financial Planning LLC2,215$362.7K0.10%00.0%Unchanged
JSF Financial, LLC2,260$363.8K0.08%−128−5.4%Reduced
Keystone Financial Group2,260$363.8K0.03%+455+25.2%Added
Legato Capital Management LLC2,264$364.4K0.03%+2,264New
Clark Capital Management Group, Inc.2,267$364.9K0.00%+235+11.6%Added
Robertson Stephens Wealth Management, LLC2,271$365.7K0.01%−7,722−77.3%Reduced
Asset Dedication, LLC2,274$366.0K0.02%+884+63.6%Added
Capstone Investment Advisors, LLC2,275$366.2K0.00%+869+61.8%Added
Zinnia Wealth Advisory, LLC2,276$366.4K0.40%+2,276New
Riverview Capital Advisers, LLC2,288$368.3K0.11%−227−9.0%Reduced
Aspen Capital Management, LLC2,300$370.2K0.09%00.0%Unchanged
Tyche Wealth Partners LLC2,303$370.7K0.06%−9−0.4%Reduced
All Terrain Financial Advisors, LLC2,305$371.0K0.11%00.0%Unchanged
National Wealth Management Group, LLC2,308$371.5K0.13%+879+61.5%Added
Goldstein Advisors, LLC2,310$371.8K0.04%+223+10.7%Added
Wynn Capital, LLC2,315$372.6K0.18%+185+8.7%Added
SS&H Financial Advisors, Inc.2,320$373.0K0.11%00.0%Unchanged
Ballast Advisors LLC2,322$373.8K0.10%+110+5.0%Added
Gemmer Asset Management LLC2,340$376.7K0.03%00.0%Unchanged
Freestone Grove Partners LP2,340$376.7K0.00%+285+13.9%Added
Beacon Investment Advisory Services, Inc.2,350$378.3K0.02%00.0%Unchanged
Family Wealth Group, LLC2,353$378.8K0.24%−124−5.0%Reduced
Van Diest Capital, LLC2,362$380.3K0.57%+2,362New
Caliber Wealth Management, LLC2,367$381.0K0.04%−61−2.5%Reduced
May Hill Capital, LLC2,391$384.9K0.10%−23−1.0%Reduced
Reliant Investment Partners, LLC2,393$385.2K0.30%+28+1.2%Added
Tectonic Advisors LLC2,419$389.4K0.02%−286−10.6%Reduced
Granite Group Advisors, LLC2,424$390.2K0.22%+2,424New
Rehmann Capital Advisory Group2,430$392.1K0.02%+943+63.4%Added
WMG Financial Advisors, LLC2,440$392.8K0.16%00.0%Unchanged
Leeward Financial Partners, LLC2,445$393.6K0.11%00.0%Unchanged
Spirepoint Private Client, LLC2,446$393.7K0.04%+240+10.9%Added
Laidlaw Wealth Management LLC2,447$393.9K1.22%+180+7.9%Added
Prosperity Financial Group, Inc.2,448$394.1K0.14%+200+8.9%Added
NFP Retirement, Inc.2,451$394.5K0.02%−979−28.5%Reduced
Evolve Private Wealth, LLC2,453$394.9K0.02%+2,453New
Advisors Capital Management, LLC2,456$395.5K0.00%−389−13.7%Reduced
Roehl & Yi Investment Advisors, LLC2,460$396.0K0.16%−271−9.9%Reduced
Vance Wealth, Inc.2,467$397.1K0.12%−873−26.1%Reduced
Wolff Wiese Magana LLC2,484$399.9K0.22%−119−4.6%Reduced
SP Asset Management LLC2,500$402.4K0.03%00.0%Unchanged
Summit Wealth Group LLC2,500$402.4K0.05%+2,500New
J. Safra Sarasin Holding AG2,511$404.2K0.01%+587+30.5%Added
Helen Stephens Group, LLC2,513$404.5K0.08%+2,513New
Massmutual Trust Co FSB2,514$404.7K0.01%−75−2.9%Reduced
DRW Securities, LLC2,518$405.3K0.03%+1,518+151.8%Added
Greatmark Investment Partners, Inc.2,525$406.4K0.05%−500−16.5%Reduced
South State Corp.2,531$407.4K0.02%+43+1.7%Added
Signature Estate & Investment Advisors LLC2,560$412.1K0.01%+154+6.4%Added