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Livermore
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
Essex Financial Services, Inc.1,609$259.0K0.01%−21−1.3%Reduced
Palumbo Wealth Management LLC1,600$257.6K0.06%00.0%Unchanged
Richard Young Associates, Ltd.1,600$257.6K0.20%+1,600New
Tidemark, LLC1,599$257.4K0.07%−5−0.3%Reduced
First Community Trust NA1,599$257.4K0.19%+84+5.5%Added
Caerus Investment Advisors, LLC1,598$257.2K0.09%−620−28.0%Reduced
Embree Financial Group1,595$256.7K0.03%−3−0.2%Reduced
Citrine Capital LLC1,592$256.3K0.12%00.0%Unchanged
Traveka Wealth, LLC1,587$255.5K0.10%+140+9.7%Added
Frederick Financial Consultants, LLC1,586$255.3K0.14%−84−5.0%Reduced
Finivi Inc.1,577$253.8K0.15%−37−2.3%Reduced
Kennon-Green & Company, LLC1,574$253.4K0.20%−50−3.1%Reduced
OneAscent Family Office, LLC1,572$253.0K0.17%+1,572New
Commonwealth Financial Services, LLC1,571$252.9K0.04%−15−0.9%Reduced
Cloud Capital Management, LLC1,566$252.0K0.12%+634+68.0%Added
Lighthouse Investment Partners, LLC1,564$251.8K0.01%−1,416−47.5%Reduced
Hancock Whitney Corp1,560$251.1K0.00%+5+0.3%Added
Haven Private, LLC1,559$251.0K0.11%00.0%Unchanged
Fox Hill Wealth Management1,556$250.5K0.12%+8+0.5%Added
Enterprise Financial Services Corp1,554$250.1K0.13%+91+6.2%Added
Certior Financial Group, LLC1,540$247.9K0.17%−390−20.2%Reduced
COFG Advisors, LLC1,528$246.0K0.06%+1,528New
Werba Rubin Papier Wealth Management1,525$245.5K0.07%+42+2.8%Added
Five Oceans Advisors1,519$244.5K0.09%00.0%Unchanged
Affinity Capital Advisors, LLC1,515$243.9K0.03%00.0%Unchanged
Carret Asset Management, LLC1,515$243.9K0.02%00.0%Unchanged
SBI Okasan Asset Management Co.Ltd.1,451$243.6K0.01%+1,451New
Linscomb & Williams, Inc.1,513$243.5K0.01%−405−21.1%Reduced
Murphy & Mullick Capital Management Corp1,512$243.4K0.18%−149−9.0%Reduced
McGuire Capital Advisors Inc1,510$243.1K0.15%+1,510New
Beacon Capital Management, LLC1,507$242.6K0.04%−212−12.3%Reduced
HCR Wealth Advisors1,505$242.3K0.02%−100−6.2%Reduced
United Asset Strategies, Inc.1,502$241.8K0.02%+2+0.1%Added
KPP Advisory Services LLC1,501$241.6K0.04%−99−6.2%Reduced
Chapin Davis, Inc.1,500$241.5K0.06%00.0%Unchanged
S&T Bank1,500$241.5K0.08%00.0%Unchanged
Chatham Capital Group, Inc.1,500$241.5K0.03%00.0%Unchanged
Vision Capital Management, Inc.1,500$241.5K0.03%00.0%Unchanged
Van Cleef Asset Management,Inc1,500$241.5K0.02%00.0%Unchanged
Tru Independence Asset Management 2, LLC1,500$241.5K0.15%00.0%Unchanged
Allen Mooney & Barnes Investment Advisors LLC1,500$241.5K0.04%00.0%Unchanged
Eurizon Capital SGR S.p.A.1,500$241.5K0.00%+1,500New
44 Wealth Management LLC1,499$241.3K0.08%−2−0.1%Reduced
Cohen & Steers, Inc.1,500$241.0K0.00%00.0%Unchanged
Mosaic Financial Group, LLC1,499$241.0K0.16%00.0%Unchanged
MGB Wealth Management, LLC1,491$240.0K0.07%00.0%Unchanged
McGlone Suttner Wealth Management, Inc.1,485$239.1K0.03%−785−34.6%Reduced
Inscription Capital, LLC1,485$239.0K0.02%+26+1.8%Added
Gallagher Capital Advisors, LLC1,483$238.7K0.15%−34−2.2%Reduced
Johnson Financial Group, Inc.1,480$238.2K0.01%−130−8.1%Reduced
Flagstone Financial Management1,480$238.2K0.06%00.0%Unchanged
Parsons Capital Management Inc1,475$237.4K0.01%00.0%Unchanged
Parcion Private Wealth LLC1,475$237.4K0.01%00.0%Unchanged
Pacific Excel Wealth Advisors, Inc.1,485$236.5K0.45%+1,485New
Kraft, Davis & Associates, LLC1,411$236.0K0.05%+1,411New
SmartHarvest Portfolios, LLC1,458$234.7K0.08%+1,458New
BCJ Capital Management, LLC1,456$234.4K0.01%+1,456New
Bell & Brown Wealth Advisors, LLC1,455$234.2K0.08%−210−12.6%Reduced
Certified Advisory Corp1,455$234.2K0.02%+30+2.1%Added
Keyes, Stange & Wooten Wealth Management, LLC1,452$233.7K0.11%00.0%Unchanged
Tortoise Investment Management, LLC1,452$233.7K0.02%+50+3.6%Added
Maple Capital Management, Inc.1,452$233.7K0.01%+1,452New
TAGStone Capital, Inc.1,449$233.2K0.09%00.0%Unchanged
Brendel Financial Advisors LLC1,449$233.2K0.11%+1,449New
Bollard Group LLC1,448$233.0K0.01%+1,448New
Formidable Asset Management, LLC1,566$232.7K0.03%+1,566New
Naviter Wealth, LLC1,442$232.1K0.03%−182−11.2%Reduced
Barnes Dennig Private Wealth Management LLC1,435$231.0K0.23%+120+9.1%Added
BCS Wealth Management1,434$230.8K0.02%+1,434New
Berger Financial Group, Inc1,433$230.7K0.01%−175−10.9%Reduced
Buck Wealth Strategies, LLC1,429$230.0K0.03%+1,429New
Cary Street Partner Investment Advisory LLC1,425$229.4K0.06%+506+55.1%Added
Kelly Financial Services LLC1,421$228.7K0.06%+15+1.1%Added
Kieckhefer Group LLC1,418$228.3K0.11%−232−14.1%Reduced
BLVD Private Wealth, LLC1,418$228.3K0.20%+47+3.4%Added
TRUE Private Wealth Advisors1,416$228.0K0.02%+1,416New
Leith Wheeler Investment Counsel Ltd.1,410$227.0K0.02%00.0%Unchanged
CV Advisors LLC1,410$227.0K0.06%−50−3.4%Reduced
R Squared Ltd1,406$226.3K0.11%+1,406New
Banco Santander, S.A.1,403$225.8K0.00%−71−4.8%Reduced
Rosenblum Silverman Sutton S F Inc1,400$225.4K0.05%00.0%Unchanged
West Tower Group, LLC1,400$225.4K0.52%+1,400New
Stonebridge Capital Advisors LLC1,395$224.6K0.02%−425−23.4%Reduced
Prelude Capital Management, LLC1,391$223.9K0.02%−46,340−97.1%Reduced
Matisse Capital1,390$223.7K0.10%+1,390New
Victory Financial Group, LLC1,385$222.9K0.03%+1,385New
Tran Capital Management, L.P.1,384$222.8K0.03%+1,384New
Pacifica Partners Inc.1,418$222.8K0.10%−12−0.8%Reduced
Tradewinds, LLC.1,380$222.1K0.05%00.0%Unchanged
New Wave Wealth Advisors LLC1,378$221.8K0.08%−391−22.1%Reduced
Riversedge Advisors, LLC1,373$221.0K0.04%+1,373New
BTG Pactual Asset Management US LLC1,372$220.9K0.02%00.0%Unchanged
Washington Trust Advisors, Inc.1,368$220.2K0.02%−138−9.2%Reduced
Meadow Creek Wealth Advisors LLC1,368$220.2K0.14%+1,368New
Greenline Wealth Management LLC1,365$219.6K0.23%+1,365New
Principle Wealth Partners LLC1,352$217.6K0.01%+1,352New
Proactive Wealth Strategies LLC1,350$217.3K0.09%00.0%Unchanged
Reuter James Wealth Management, LLC1,347$216.8K0.03%−9−0.7%Reduced
Center For Asset Management LLC1,331$214.3K0.11%+1,331New
JFS Wealth Advisors, LLC1,325$213.3K0.01%00.0%Unchanged