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 |
|---|---|---|---|---|---|
| Sienna Gestion | 52,100 | $8.49M | 0.52% | 00.0% | Unchanged |
| TCG Advisory Services, LLC | 52,750 | $8.49M | 0.23% | +836+1.6% | Added |
| Kovack Advisors, Inc. | 52,668 | $8.48M | 0.40% | +39,867+311.4% | Added |
| Bogart Wealth, LLC | 51,588 | $8.30M | 0.33% | −16,563−24.3% | Reduced |
| United Capital Financial Advisers, LLC | 51,393 | $8.27M | 0.05% | +25,608+99.3% | Added |
| Gateway Investment Advisers LLC | 50,811 | $8.18M | 0.08% | +244+0.5% | Added |
| FFG Partners, LLC | 50,646 | $8.15M | 2.36% | +360+0.7% | Added |
| Orion Investment Co | 49,480 | $7.96M | 2.44% | +758+1.6% | Added |
| Americana Partners, LLC | 49,308 | $7.94M | 0.22% | +18,749+61.4% | Added |
| Winton Group Ltd | 49,158 | $7.91M | 0.27% | +15,858+47.6% | Added |
| Omers Administration Corp | 48,948 | $7.88M | 0.06% | −37,296−43.2% | Reduced |
| Crestwood Advisors Group LLC | 48,947 | $7.88M | 0.13% | +453+0.9% | Added |
| Kestra Private Wealth Services, LLC | 48,723 | $7.84M | 0.10% | −753−1.5% | Reduced |
| Private Advisor Group, LLC | 48,652 | $7.83M | 0.04% | +7,858+19.3% | Added |
| Beacon Pointe Advisors, LLC | 48,115 | $7.75M | 0.05% | +22,033+84.5% | Added |
| Atalanta Sosnoff Capital, LLC | 47,979 | $7.72M | 0.15% | +513+1.1% | Added |
| Financial Avengers, Inc. | 47,359 | $7.62M | 3.12% | +2,244+5.0% | Added |
| Groupe la Francaise | 47,341 | $7.62M | 0.11% | +46,396+4,909.6% | Added |
| Aviso Financial Inc. | 46,776 | $7.53M | 0.29% | +1,285+2.8% | Added |
| RSM US Wealth Management LLC | 45,862 | $7.51M | 0.10% | +1,000+2.2% | Added |
| Portside Wealth Group, LLC | 46,224 | $7.44M | 1.01% | −11,544−20.0% | Reduced |
| Columbus Hill Capital Management, L.P. | 46,123 | $7.42M | 1.04% | −777−1.7% | Reduced |
| Journey Retirement Planning & Investment Management LLC | 45,988 | $7.40M | 1.52% | +45,988 | New |
| Farther Finance Advisors, LLC | 45,924 | $7.39M | 0.08% | +18,672+68.5% | Added |
| Skopos Labs, Inc. | 43,900 | $7.37M | 0.34% | +30,137+219.0% | Added |
| Cary Street Partners Financial LLC | 45,696 | $7.36M | 0.18% | −150−0.3% | Reduced |
| Metis Global Partners, LLC | 44,856 | $7.22M | 0.17% | −10,224−18.6% | Reduced |
| Alerus Financial NA | 44,635 | $7.18M | 0.35% | +18,123+68.4% | Added |
| Guardian Capital LP | 44,590 | $7.18M | 0.21% | −22,661−33.7% | Reduced |
| Oppenheimer & Co Inc | 44,601 | $7.18M | 0.10% | +4,354+10.8% | Added |
| AE Wealth Management LLC | 44,571 | $7.17M | 0.04% | +23,739+114.0% | Added |
| Benjamin Edwards Inc | 44,516 | $7.17M | 0.08% | −1,148−2.5% | Reduced |
| Catalytic Wealth RIA, LLC | 44,331 | $7.14M | 0.26% | −2,295−4.9% | Reduced |
| Ameritas Investment Partners, Inc. | 44,200 | $7.11M | 0.22% | +3,498+8.6% | Added |
| Arthur M. Cohen & Associates, LLC | 44,176 | $7.11M | 1.16% | +770+1.8% | Added |
| Concurrent Investment Advisors, LLC | 44,084 | $7.10M | 0.08% | +17,495+65.8% | Added |
| Bailard, Inc. | 43,374 | $6.98M | 0.15% | +201+0.5% | Added |
| Flagship Harbor Advisors, LLC | 43,009 | $6.92M | 0.33% | −2,106−4.7% | Reduced |
| Oak Ridge Investments LLC | 42,923 | $6.91M | 0.42% | +42,923 | New |
| Marsico Capital Management LLC | 42,818 | $6.89M | 0.19% | −48,809−53.3% | Reduced |
| Prudential Financial Inc | 42,487 | $6.85M | 0.01% | +12,285+40.7% | Added |
| Envestnet Portfolio Solutions, Inc. | 42,356 | $6.82M | 0.02% | +4,557+12.1% | Added |
| Gerber Kawasaki Wealth & Investment Management | 42,301 | $6.81M | 0.24% | −264−0.6% | Reduced |
| Norinchukin Bank, The | 40,843 | $6.57M | 0.08% | +6,591+19.2% | Added |
| Sepio Capital, LP | 40,752 | $6.56M | 0.36% | +281+0.7% | Added |
| Dunhill Financial, LLC | 40,619 | $6.54M | 1.60% | −200.0% | Reduced |
| Calamos Advisors LLC | 40,604 | $6.54M | 0.03% | +14,332+54.6% | Added |
| Citizens Financial Group Inc | 40,137 | $6.46M | 0.09% | −594−1.5% | Reduced |
| Munich Reinsurance Co Stock Corp in Munich | 39,374 | $6.45M | 0.16% | +24,213+159.7% | Added |
| Laird Norton Trust Company, LLC | 40,045 | $6.45M | 0.13% | +40,045 | New |
| Broadleaf Partners, LLC | 39,905 | $6.42M | 1.35% | +39,905 | New |
| Tiaa Trust, National Association | 39,540 | $6.36M | 0.02% | −46,808−54.2% | Reduced |
| Westside Investment Management, Inc. | 39,118 | $6.26M | 1.00% | −1,703−4.2% | Reduced |
| Pittenger & Anderson Inc | 38,780 | $6.24M | 0.24% | −5,030−11.5% | Reduced |
| Carlson Financial, Inc. | 38,469 | $6.19M | 3.59% | +38,469 | New |
| Worldquant Millennium Advisors LLC | 38,243 | $6.16M | 0.02% | −3,682−8.8% | Reduced |
| Stephens Inc | 38,228 | $6.15M | 0.08% | −1,978−4.9% | Reduced |
| Montrusco Bolton Investments Inc. | 38,112 | $6.14M | 0.08% | −6,300−14.2% | Reduced |
| Next Century Growth Investors LLC | 38,036 | $6.12M | 0.43% | −83−0.2% | Reduced |
| AdvisorNet Financial, Inc | 37,682 | $6.07M | 0.32% | +160.0% | Added |
| Jain Global LLC | 37,678 | $6.07M | 0.06% | −19,403−34.0% | Reduced |
| Exchange Traded Concepts, LLC | 37,582 | $6.05M | 0.05% | +4,235+12.7% | Added |
| Diversify Wealth Management, LLC | 35,865 | $6.01M | 0.28% | −7,155−16.6% | Reduced |
| Fifth Third Bancorp | 37,205 | $5.99M | 0.02% | −503−1.3% | Reduced |
| Prairie Wealth Advisors, Inc. | 0 | $5.95M | 2.52% | −37,290−100.0% | Reduced |
| Laurion Capital Management LP | 36,716 | $5.91M | 0.40% | +36,716 | New |
| Sciencast Management LP | 36,308 | $5.84M | 0.81% | +36,308 | New |
| Independent Solutions Wealth Management, LLC | 36,111 | $5.81M | 1.07% | −2,456−6.4% | Reduced |
| PKO Investment Management Joint-Stock Co | 36,000 | $5.81M | 0.46% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 35,980 | $5.79M | 0.15% | +1,217+3.5% | Added |
| J.W. Cole Advisors, Inc. | 35,888 | $5.76M | 0.14% | −3,591−9.1% | Reduced |
| Two Sigma Investments, LP | 35,187 | $5.66M | 0.01% | +1,787+5.4% | Added |
| Park Avenue Securities LLC | 34,745 | $5.59M | 0.05% | −870−2.4% | Reduced |
| Spear Advisors LLC | 34,573 | $5.57M | 3.90% | +34,573 | New |
| Vise Technologies, Inc. | 34,444 | $5.54M | 0.11% | +2,962+9.4% | Added |
| Infusive Asset Management Inc. | 34,237 | $5.51M | 2.35% | −4,898−12.5% | Reduced |
| HighPoint Advisor Group LLC | 33,857 | $5.45M | 0.12% | +10,932+47.7% | Added |
| Icon Wealth Advisors, LLC | 33,695 | $5.42M | 0.36% | −5,451−13.9% | Reduced |
| Maytus Capital Management, LLC | 33,500 | $5.39M | 1.27% | −5,500−14.1% | Reduced |
| DF Dent & Co Inc | 33,341 | $5.37M | 0.08% | −917−2.7% | Reduced |
| VMS Asset Management Limited | 33,270 | $5.36M | 2.06% | +33,270 | New |
| Atomi Financial Group, Inc. | 33,105 | $5.33M | 0.16% | +2,488+8.1% | Added |
| Quadrant Capital Group LLC | 32,874 | $5.29M | 0.16% | −55−0.2% | Reduced |
| Logan Capital Management Inc | 32,782 | $5.27M | 0.22% | +18+0.1% | Added |
| Ritholtz Wealth Management | 32,756 | $5.27M | 0.10% | +3,268+11.1% | Added |
| Hartline Investment Corp | 32,701 | $5.26M | 0.57% | +6,950+27.0% | Added |
| Merit Financial Group, LLC | 32,689 | $5.26M | 0.04% | +14,427+79.0% | Added |
| Moody Lynn & Lieberson, LLC | 32,652 | $5.26M | 0.28% | −720−2.2% | Reduced |
| MIG Capital, LLC | 32,593 | $5.25M | 0.89% | 00.0% | Unchanged |
| Castlefield Investment Partners LLP | 32,512 | $5.24M | 4.04% | +32,512 | New |
| Nordea Investment Management AB | 32,318 | $5.23M | 0.00% | 00.0% | Unchanged |
| Melqart Asset Management (UK) Ltd | 32,388 | $5.21M | 0.52% | +18,566+134.3% | Added |
| Transamerica Financial Advisors, Inc. | 32,290 | $5.20M | 0.43% | −918−2.8% | Reduced |
| Kingsview Wealth Management, LLC | 32,277 | $5.20M | 0.07% | −1,176−3.5% | Reduced |
| Snowden Capital Advisors LLC | 32,260 | $5.19M | 0.13% | +5,175+19.1% | Added |
| Crossmark Global Holdings, Inc. | 32,204 | $5.18M | 0.07% | −12,108−27.3% | Reduced |
| Empowered Funds, LLC | 32,183 | $5.18M | 0.09% | +7,011+27.9% | Added |
| UniSuper Management Pty Ltd | 23,300 | $5.15M | 0.03% | +2,100+9.9% | Added |
| Azzad Asset Management Inc | 31,729 | $5.11M | 0.50% | −17−0.1% | Reduced |
| Cornerstone Advisors, LLC | 31,580 | $5.08M | 0.17% | +31,580 | New |