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 |
|---|---|---|---|---|---|
| Washburn Capital Management, Inc. | 1,320 | $212.5K | 0.12% | −140−9.6% | Reduced |
| Cora Capital Advisors LLC | 1,316 | $211.8K | 0.08% | +1,316 | New |
| Brave Asset Management Inc | 1,313 | $211.4K | 0.05% | +1,313 | New |
| RiverFront Investment Group, LLC | 1,307 | $210.4K | 0.00% | +1,307 | New |
| Rockbridge Investment Management, LCC | 1,300 | $209.3K | 0.02% | +1,300 | New |
| Alamar Capital Management, LLC | 1,300 | $209.3K | 0.12% | +1,300 | New |
| Apella Capital, LLC | 1,299 | $209.1K | 0.00% | +1,299 | New |
| Opal Wealth Advisors, LLC | 1,298 | $208.9K | 0.05% | +1,298 | New |
| Kingsman Wealth Management, Inc. | 1,297 | $208.8K | 0.11% | +1,297 | New |
| Arlington Trust Co LLC | 1,296 | $208.6K | 0.02% | −804−38.3% | Reduced |
| Legacy Capital Wealth Partners, LLC | 1,296 | $208.6K | 0.04% | +1,296 | New |
| Rise Advisors, LLC | 1,295 | $208.5K | 0.07% | −6−0.5% | Reduced |
| Pacific Asset Management, LLC | 1,287 | $207.2K | 0.12% | +1,287 | New |
| Kickstand Ventures, LLC. | 1,285 | $206.8K | 0.04% | −1,396−52.1% | Reduced |
| Curated Wealth Partners LLC | 1,284 | $206.7K | 0.02% | +1,284 | New |
| American Financial Advisors, LLC | 1,279 | $205.9K | 0.03% | +1,279 | New |
| Laurel Oak Wealth Management, LLC | 1,279 | $205.9K | 0.03% | +1,279 | New |
| SPWM Advisors LLC | 1,276 | $205.4K | 0.20% | +1,276 | New |
| Barr E S & Co | 1,275 | $205.2K | 0.01% | +1,275 | New |
| Range Advisory, LLC | 1,275 | $205.2K | 0.05% | +1,275 | New |
| Angeles Wealth Management, LLC | 1,270 | $204.4K | 0.01% | +1,270 | New |
| Acorn Wealth Advisors, LLC | 1,265 | $203.6K | 0.06% | +1,265 | New |
| CVA Family Office, LLC | 1,262 | $203.1K | 0.02% | −6−0.5% | Reduced |
| August Group Capital Ltd | 1,261 | $203.0K | 0.23% | +1,261 | New |
| Cottage Street Advisors LLC | 1,260 | $202.8K | 0.09% | +1,260 | New |
| Delta Investment Management, LLC | 1,260 | $202.8K | 0.04% | +1,260 | New |
| Lifeworks Advisors, LLC | 1,258 | $202.5K | 0.03% | +1,258 | New |
| Banque Cantonale Vaudoise | 1,249 | $202.0K | 0.01% | −316−20.2% | Reduced |
| AMG National Trust Bank | 1,252 | $201.5K | 0.00% | +1,252 | New |
| F/M Investments LLC | 1,252 | $201.5K | 0.01% | +1,252 | New |
| Clarkston Capital Partners, LLC | 1,250 | $201.2K | 0.00% | +1,250 | New |
| Strategic Investment Advisors | 1,249 | $201.0K | 0.02% | +1,249 | New |
| White Pine Investment CO | 1,250 | $201.0K | 0.05% | +1,250 | New |
| Smallwood Wealth Investment Management, LLC | 1,243 | $200.1K | 0.10% | +180+16.9% | Added |
| Sumitomo Mitsui Financial Group, Inc. | 1,173 | $196.9K | 0.00% | +1,173 | New |
| Plante Moran Financial Advisors, LLC | 1,220 | $196.4K | 0.01% | +52+4.5% | Added |
| PFS Partners, LLC | 1,194 | $192.2K | 0.09% | 00.0% | Unchanged |
| Kimelman & Baird, LLC | 1,125 | $181.1K | 0.01% | 00.0% | Unchanged |
| Osbon Capital Management LLC | 1,120 | $180.3K | 0.17% | +1,120 | New |
| Old Second National Bank of Aurora | 1,110 | $178.7K | 0.04% | 00.0% | Unchanged |
| Golden State Wealth Management, LLC | 1,106 | $178.0K | 0.02% | 00.0% | Unchanged |
| Highline Wealth Partners LLC | 1,098 | $176.7K | 0.05% | −47−4.1% | Reduced |
| Evelyn Partners Asset Management Ltd | 1,087 | $175.0K | 0.04% | 00.0% | Unchanged |
| Provenance Wealth Advisors, LLC | 1,079 | $173.7K | 0.02% | −716−39.9% | Reduced |
| Hilltop National Bank | 1,057 | $170.1K | 0.04% | −168−13.7% | Reduced |
| Avion Wealth | 1,056 | $169.0K | 0.04% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 1,021 | $164.4K | 0.01% | +736+258.2% | Added |
| HHM Wealth Advisors, LLC | 1,020 | $164.2K | 0.02% | +25+2.5% | Added |
| Sittner & Nelson, LLC | 1,464 | $164.0K | 0.06% | −20−1.3% | Reduced |
| UMA Financial Services, Inc. | 1,013 | $163.1K | 0.02% | +9+0.9% | Added |
| Farmers & Merchants Trust Co of Chambersburg PA | 1,000 | $161.0K | 0.05% | 00.0% | Unchanged |
| Crews Bank & Trust | 1,000 | $161.0K | 0.02% | 00.0% | Unchanged |
| Avalon Trust Co | 1,000 | $161.0K | 0.01% | +1,000 | New |
| Nvest Wealth Strategies, Inc. | 1,000 | $161.0K | 0.12% | +1,000 | New |
| HM Payson & Co | 964 | $155.2K | 0.00% | +278+40.5% | Added |
| Y.D. More Investments Ltd | 950 | $154.0K | 0.01% | −1,156−54.9% | Reduced |
| MTM Investment Management, LLC | 945 | $152.1K | 0.05% | −80−7.8% | Reduced |
| Bayforest Capital Ltd | 942 | $151.6K | 0.11% | +188+24.9% | Added |
| Cullen/Frost Bankers, Inc. | 927 | $149.2K | 0.00% | +279+43.1% | Added |
| Boreal Capital Management LLC | 894 | $143.9K | 0.11% | 00.0% | Unchanged |
| Orion Capital Management LLC | 892 | $143.6K | 0.05% | 00.0% | Unchanged |
| CX Institutional | 877 | $141.0K | 0.00% | −62−6.6% | Reduced |
| Trust Co of Vermont | 854 | $137.5K | 0.01% | −160−15.8% | Reduced |
| Cascades Capital Asset Management, LLC | 847 | $136.3K | 0.06% | −10−1.2% | Reduced |
| Strategic Advocates LLC | 809 | $132.5K | 0.03% | 00.0% | Unchanged |
| Ameriflex Group, Inc. | 817 | $131.5K | 0.07% | +411+101.2% | Added |
| Bayban | 800 | $128.8K | 0.11% | +800 | New |
| WPG Advisers, LLC | 780 | $125.6K | 0.09% | −36−4.4% | Reduced |
| Ninety One UK Ltd | 780 | $125.6K | 0.00% | +780 | New |
| Stonehage Fleming Financial Services Holdings Ltd | 776 | $124.9K | 0.00% | 00.0% | Unchanged |
| Financial Network Wealth Advisors LLC | 760 | $122.3K | 0.13% | −119−13.5% | Reduced |
| Evermay Wealth Management LLC | 755 | $121.5K | 0.01% | −278−26.9% | Reduced |
| Rosenberg Matthew Hamilton | 747 | $120.2K | 0.02% | +12+1.6% | Added |
| Banque Transatlantique SA | 715 | $115.3K | 0.00% | −480−40.2% | Reduced |
| Ogorek Anthony Joseph | 709 | $114.0K | 0.03% | 00.0% | Unchanged |
| Sava Infond d.o.o. | 700 | $112.7K | 0.02% | 00.0% | Unchanged |
| Hazlett, Burt & Watson, Inc. | 700 | $112.0K | 0.04% | 00.0% | Unchanged |
| Community Bank, N.A. | 677 | $109.0K | 0.01% | 00.0% | Unchanged |
| 1 North Wealth Services LLC | 670 | $107.8K | 0.04% | 00.0% | Unchanged |
| ORG Partners LLC | 663 | $106.7K | 0.02% | −1−0.2% | Reduced |
| Pension & Wealth Management Advisors, Inc. | 652 | $105.1K | 0.03% | −56−7.9% | Reduced |
| Park Circle Co | 650 | $104.6K | 0.09% | 00.0% | Unchanged |
| Caden Capital Partners, LP | 618 | $99.5K | 0.22% | +618 | New |
| Coston, McIsaac & Partners | 620 | $99.0K | 0.02% | 00.0% | Unchanged |
| DecisionPoint Financial, LLC | 613 | $98.7K | 0.02% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 606 | $97.5K | 0.01% | +52+9.4% | Added |
| Addison Advisors LLC | 580 | $93.4K | 0.02% | −8−1.4% | Reduced |
| GW&K Investment Management, LLC | 580 | $93.0K | 0.00% | 00.0% | Unchanged |
| Financial Management Professionals, Inc. | 573 | $92.2K | 0.01% | +189+49.2% | Added |
| Copos Capital S.a r.l. | 542 | $87.2K | 0.06% | +542 | New |
| Colonial Trust Advisors | 520 | $83.7K | 0.01% | +100+23.8% | Added |
| Strategic Investment Solutions, Inc. | 500 | $80.5K | 0.02% | +500 | New |
| LOM Asset Management Ltd | 500 | $80.5K | 0.02% | +500 | New |
| Kerr Financial Planning Corp | 720 | $80.4K | 0.11% | 00.0% | Unchanged |
| Alphadyne Asset Management LP | 484 | $77.9K | 0.01% | −1,085−69.2% | Reduced |
| J.Safra Asset Management Corp | 482 | $77.6K | 0.00% | +482 | New |
| Osterweis Capital Management Inc | 463 | $74.5K | 0.00% | 00.0% | Unchanged |
| Pin Oak Investment Advisors Inc | 662 | $74.0K | 0.05% | −100−13.1% | Reduced |
| Catalyst Capital Advisors LLC | 448 | $72.1K | 0.00% | −164−26.8% | Reduced |
| Colonial Trust Co | 447 | $71.9K | 0.01% | +107+31.5% | Added |