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 |
|---|---|---|---|---|---|
| La Banque Postale Asset Management SA | 99,711 | $16.1M | 0.19% | −557−0.6% | Reduced |
| Nepsis, Inc. | 99,075 | $15.9M | 4.93% | −22,919−18.8% | Reduced |
| Asset Management One Co.,Ltd. | 94,949 | $15.9M | 0.04% | −10,770−10.2% | Reduced |
| Pacer Advisors, Inc. | 98,296 | $15.8M | 0.04% | +3,123+3.3% | Added |
| Thoroughbred Financial Services, LLC | 97,137 | $15.6M | 0.93% | +484+0.5% | Added |
| Kestra Advisory Services, LLC | 96,913 | $15.6M | 0.06% | +10,149+11.7% | Added |
| Covenant Asset Management, LLC | 96,447 | $15.5M | 2.99% | −540−0.6% | Reduced |
| Profund Advisors LLC | 96,286 | $15.5M | 0.47% | +8,051+9.1% | Added |
| Andra AP-fonden | 69,400 | $15.3M | 0.19% | +8,300+13.6% | Added |
| Sora Investors LLC | 95,082 | $15.3M | 1.32% | +95,082 | New |
| Harvest Fund Management Co., Ltd | 94,874 | $15.3M | 0.57% | −63,962−40.3% | Reduced |
| Mediolanum International Funds Ltd | 92,451 | $15.1M | 0.15% | −27,268−22.8% | Reduced |
| Credit Agricole S A | 93,958 | $15.1M | 0.04% | +28,338+43.2% | Added |
| Qube Research & Technologies Ltd | 93,442 | $15.0M | 0.02% | −52,162−35.8% | Reduced |
| Sierra Summit Advisors LLC | 93,335 | $15.0M | 2.30% | −12,651−11.9% | Reduced |
| Optiver Holding B.V. | 92,877 | $15.0M | 0.27% | +92,705+53,898.3% | Added |
| Nomura Asset Management Co Ltd | 91,411 | $14.7M | 0.04% | +5,815+6.8% | Added |
| Equitable Holdings, Inc. | 89,432 | $14.4M | 0.10% | +1,259+1.4% | Added |
| PEAK6 LLC | 87,814 | $14.1M | 0.39% | +85,470+3,646.3% | Added |
| GWM Advisors LLC | 87,482 | $14.1M | 0.05% | +16,282+22.9% | Added |
| Wiley Bros.-Aintree Capital, LLC | 87,224 | $14.0M | 0.07% | +11,188+14.7% | Added |
| US Bancorp | 86,444 | $13.9M | 0.02% | +19,857+29.8% | Added |
| Pinebridge Investments LLC | 84,626 | $13.9M | 0.10% | +84,626 | New |
| Venture Visionary Partners LLC | 85,930 | $13.8M | 0.45% | +8,168+10.5% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 85,271 | $13.8M | 0.04% | +57,906+211.6% | Added |
| Capital Group Investment Management Pte. Ltd. | 84,867 | $13.7M | 2.22% | +3,713+4.6% | Added |
| Advisory Services Network, LLC | 83,681 | $13.5M | 0.19% | −4,517−5.1% | Reduced |
| Capital Group Private Client Services, Inc. | 83,146 | $13.4M | 0.21% | −2,329−2.7% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 82,336 | $13.3M | 0.44% | +3,542+4.5% | Added |
| Louisiana State Employees Retirement System | 81,800 | $13.2M | 0.23% | −7,200−8.1% | Reduced |
| EFG International AG | 81,196 | $13.1M | 0.25% | +81,196 | New |
| M&T Bank Corp | 81,082 | $13.1M | 0.04% | +21,945+37.1% | Added |
| Rafferty Asset Management, LLC | 80,770 | $13.0M | 0.04% | −4,632−5.4% | Reduced |
| EULAV Asset Management | 80,000 | $12.9M | 0.34% | −4,000−4.8% | Reduced |
| Dash Acquisitions Inc. | 112,447 | $12.8M | 2.67% | −954−0.8% | Reduced |
| Ardsley Advisory Partners LP | 78,400 | $12.6M | 1.61% | −4,800−5.8% | Reduced |
| Acadian Asset Management LLC | 78,086 | $12.6M | 0.02% | −23,527−23.2% | Reduced |
| MMBG Investment Advisors Co. | 77,748 | $12.5M | 1.05% | −1,940−2.4% | Reduced |
| Point72 Asset Management, L.P. | 77,032 | $12.4M | 0.02% | +77,032 | New |
| Bellecapital International Ltd. | 76,626 | $12.3M | 2.19% | −4,168−5.2% | Reduced |
| Janney Capital Management LLC | 76,007 | $12.2M | 0.77% | −764−1.0% | Reduced |
| Captrust Financial Advisors | 75,428 | $12.1M | 0.02% | +44,633+144.9% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 75,175 | $12.1M | 0.06% | 00.0% | Unchanged |
| Spire Wealth Management | 75,101 | $12.1M | 0.40% | −2,861−3.7% | Reduced |
| Nishkama Capital, LLC | 74,808 | $12.0M | 1.63% | +74,808 | New |
| Ravenswood Partners LP | 74,371 | $12.0M | 3.99% | +1,318+1.8% | Added |
| Ilex Capital Partners (UK) LLP | 73,746 | $11.9M | 0.34% | +73,746 | New |
| NLB Skladi, upravljanje premozenja, d.o.o. | 73,450 | $11.8M | 0.54% | +73,450 | New |
| Vident Advisory, LLC | 73,404 | $11.8M | 0.11% | +3,275+4.7% | Added |
| Lombard Odier Asset Management (Switzerland) SA | 71,708 | $11.5M | 0.49% | +31,040+76.3% | Added |
| Prudential PLC | 71,489 | $11.5M | 0.09% | +3,518+5.2% | Added |
| Wesbanco Bank Inc | 71,272 | $11.5M | 0.32% | −2,648−3.6% | Reduced |
| WCG Wealth Advisors LLC | 71,149 | $11.5M | 0.32% | +48,657+216.3% | Added |
| PCJ Investment Counsel Ltd. | 70,710 | $11.4M | 2.82% | +2,520+3.7% | Added |
| Osmosis Investment Management UK Ltd | 70,326 | $11.3M | 0.29% | +70,326 | New |
| HWG Holdings LP | 70,395 | $11.3M | 2.75% | +50,252+249.5% | Added |
| Gifford Fong Associates | 70,000 | $11.3M | 2.25% | 00.0% | Unchanged |
| Caption Management, LLC | 69,900 | $11.3M | 0.50% | +14,050+25.2% | Added |
| Rakuten Investment Management, Inc. | 65,992 | $11.1M | 0.04% | +51,828+365.9% | Added |
| Toroso Investments, LLC | 68,390 | $11.0M | 0.05% | −7,209−9.5% | Reduced |
| Mercer Global Advisors Inc | 68,078 | $11.0M | 0.02% | +11,848+21.1% | Added |
| Franklin Street Advisors Inc | 67,655 | $10.9M | 0.62% | +67,655 | New |
| Louisbourg Investments Inc. | 66,870 | $10.8M | 2.15% | −34,576−34.1% | Reduced |
| Fortis Capital Management LLC | 66,587 | $10.7M | 1.42% | −105−0.2% | Reduced |
| Third View Private Wealth, LLC | 65,871 | $10.6M | 1.43% | +65,871 | New |
| Jaffetilchin Investment Partners, LLC | 65,304 | $10.5M | 0.61% | +4,308+7.1% | Added |
| Brinker Capital Investments, LLC | 65,170 | $10.5M | 0.08% | −742−1.1% | Reduced |
| JustInvest LLC | 64,297 | $10.3M | 0.10% | +4,998+8.4% | Added |
| Prospera Financial Services Inc | 64,230 | $10.3M | 0.17% | +701+1.1% | Added |
| Midwest Trust Co | 63,985 | $10.3M | 0.13% | +985+1.6% | Added |
| Ambassador Advisors, LLC | 63,887 | $10.3M | 1.51% | −454−0.7% | Reduced |
| Contravisory Investment Management, Inc. | 62,940 | $10.1M | 2.01% | −2,708−4.1% | Reduced |
| Square Peg Capital Pty Ltd | 62,886 | $10.1M | 10.12% | −2,332−3.6% | Reduced |
| Group One Trading, L.P. | 61,953 | $9.97M | 0.30% | +24,362+64.8% | Added |
| Tower Research Capital LLC (TRC) | 61,716 | $9.93M | 0.24% | −25,097−28.9% | Reduced |
| Gulf International Bank (UK) Ltd | 61,642 | $9.93M | 0.32% | 00.0% | Unchanged |
| Purpose Unlimited Inc. | 60,775 | $9.79M | 0.45% | +60,775 | New |
| Allianz SE | 60,580 | $9.77M | 0.13% | −66−0.1% | Reduced |
| Sustainable Growth Advisers, LP | 60,651 | $9.76M | 0.07% | −30,191−33.2% | Reduced |
| Callan Family Office, LLC | 60,504 | $9.74M | 0.21% | +41,972+226.5% | Added |
| CIBC World Markets Corp | 59,389 | $9.56M | 0.05% | +59,389 | New |
| Vontobel Holding Ltd. | 59,102 | $9.51M | 0.03% | −9,729−14.1% | Reduced |
| Torrey Growth & Income Advisors | 58,829 | $9.47M | 3.29% | −2,179−3.6% | Reduced |
| Commerce Bank | 58,116 | $9.35M | 0.05% | +375+0.6% | Added |
| Natixis | 58,049 | $9.34M | 0.04% | −3,751−6.1% | Reduced |
| JCIC Asset Management Inc. | 57,968 | $9.33M | 2.86% | −617−1.1% | Reduced |
| Bank of Nova Scotia Trust Co | 57,828 | $9.31M | 0.81% | +4,283+8.0% | Added |
| Meadowbrook Wealth Management, LLC | 57,826 | $9.31M | 10.62% | −167−0.3% | Reduced |
| Premier Fund Managers Ltd | 56,646 | $9.28M | 0.53% | −6,500−10.3% | Reduced |
| Ieq Capital, LLC | 56,623 | $9.11M | 0.03% | +710+1.3% | Added |
| NewEdge Wealth, LLC | 56,341 | $9.07M | 0.10% | +2,792+5.2% | Added |
| China Universal Asset Management Co., Ltd. | 56,298 | $9.06M | 0.70% | +4,380+8.4% | Added |
| Strategic Planning Group, LLC | 55,883 | $9.00M | 1.16% | +2,510+4.7% | Added |
| Weaver Capital Management LLC | 55,511 | $8.94M | 1.89% | +1,891+3.5% | Added |
| Employees Retirement System of Texas | 54,624 | $8.79M | 0.07% | −20,191−27.0% | Reduced |
| Voleon Capital Management LP | 54,484 | $8.77M | 0.19% | +54,484 | New |
| Achmea Investment Management B.V. | 54,228 | $8.74M | 0.22% | +38,841+252.4% | Added |
| Synergy Financial Group, LTD | 54,282 | $8.74M | 6.14% | −9,167−14.4% | Reduced |
| Signaturefd, LLC | 54,100 | $8.71M | 0.13% | +237+0.4% | Added |
| Steward Partners Investment Advisory, LLC | 52,924 | $8.52M | 0.05% | −3,475−6.2% | Reduced |