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 |
|---|---|---|---|---|---|
| Calamos Wealth Management LLC | 30,964 | $4.98M | 0.17% | +9,244+42.6% | Added |
| Resolute Wealth Strategies, LLC | 30,580 | $4.92M | 2.16% | −2,930−8.7% | Reduced |
| Intesa Sanpaolo S.p.A. | 29,912 | $4.90M | 0.32% | +29,912 | New |
| Napean Trading & Investment Co (Singapore) PTE Ltd | 30,392 | $4.89M | 0.95% | −7,405−19.6% | Reduced |
| Fideuram - Intesa Sanpaolo Private Banking S.P.A. | 30,191 | $4.86M | 0.17% | +30,191 | New |
| Arrow Capital Pty Ltd | 30,000 | $4.83M | 4.63% | 00.0% | Unchanged |
| Morgens Waterfall Vintiadis & Co Inc | 30,000 | $4.83M | 3.54% | +30,000 | New |
| Summit Financial, LLC | 29,560 | $4.76M | 0.07% | −851−2.8% | Reduced |
| Sterling Investment Advisors, Ltd. | 29,042 | $4.67M | 0.86% | −3,642−11.1% | Reduced |
| Strategic Advisors LLC | 28,796 | $4.64M | 0.73% | +110.0% | Added |
| Integrated Wealth Concepts LLC | 28,591 | $4.60M | 0.05% | −16,687−36.9% | Reduced |
| Left Brain Wealth Management, LLC | 28,541 | $4.59M | 1.59% | +18,210+176.3% | Added |
| Insight Holdings Group, LLC | 28,530 | $4.59M | 0.34% | +28,530 | New |
| Saba Capital Management, L.P. | 28,279 | $4.55M | 0.15% | −3,945−12.2% | Reduced |
| Norden Group LLC | 28,084 | $4.52M | 0.44% | −56,384−66.8% | Reduced |
| Sterling Capital Management LLC | 27,932 | $4.50M | 0.07% | −13,236−32.2% | Reduced |
| B & T Capital Management DBA Alpha Capital Management | 27,804 | $4.48M | 0.63% | −1,936−6.5% | Reduced |
| ING Groep NV | 27,657 | $4.45M | 0.03% | −26,865−49.3% | Reduced |
| GM Advisory Group, Inc. | 27,655 | $4.45M | 0.17% | +15,634+130.1% | Added |
| ASR Vermogensbeheer N.V. | 27,360 | $4.41M | 0.05% | 00.0% | Unchanged |
| O'Neil Global Advisors, Inc. | 27,370 | $4.41M | 1.52% | −15,325−35.9% | Reduced |
| Pensionmark Financial Group, LLC | 27,327 | $4.40M | 0.07% | +600+2.2% | Added |
| Capital Wealth Planning, LLC | 27,195 | $4.38M | 0.03% | +27,195 | New |
| Alpha Cubed Investments, LLC | 26,816 | $4.32M | 0.15% | −128−0.5% | Reduced |
| Gibbs Wealth Management | 26,222 | $4.31M | 1.04% | −8,170−23.8% | Reduced |
| Bleakley Financial Group, LLC | 26,739 | $4.30M | 0.07% | −401−1.5% | Reduced |
| Boyd Watterson Asset Management LLC | 26,686 | $4.30M | 1.24% | +195+0.7% | Added |
| Sigma Planning Corp | 26,653 | $4.29M | 0.12% | −4,158−13.5% | Reduced |
| Nia Impact Advisors, LLC | 26,532 | $4.27M | 1.43% | −348−1.3% | Reduced |
| Legal Advantage Investments, Inc. | 26,285 | $4.23M | 1.96% | +175+0.7% | Added |
| Biondo Investment Advisors, LLC | 26,194 | $4.22M | 0.51% | −75−0.3% | Reduced |
| Nwam LLC | 30,857 | $4.21M | 0.24% | −8,417−21.4% | Reduced |
| Wealthfront Advisers LLC | 25,759 | $4.15M | 0.01% | +6,000+30.4% | Added |
| Palidye Holdings (Caymans) Ltd | 25,128 | $4.04M | 0.82% | +25,128 | New |
| Acorn Financial Advisory Services Inc | 24,725 | $3.98M | 0.59% | −143−0.6% | Reduced |
| K.J. Harrison & Partners Inc | 24,527 | $3.95M | 0.53% | −25,700−51.2% | Reduced |
| Prasad Wealth Partners, LLC | 24,451 | $3.94M | 1.05% | −374−1.5% | Reduced |
| Fisher Asset Management, LLC | 24,414 | $3.93M | 0.00% | +2,682+12.3% | Added |
| Segment Wealth Management, LLC | 24,225 | $3.90M | 0.23% | +584+2.5% | Added |
| Jeppson Wealth Management, LLC | 24,141 | $3.89M | 1.23% | −727−2.9% | Reduced |
| Global Retirement Partners, LLC | 24,100 | $3.88M | 0.07% | +2,418+11.2% | Added |
| Parallel Advisors, LLC | 23,853 | $3.84M | 0.07% | +983+4.3% | Added |
| Savant Capital, LLC | 23,743 | $3.82M | 0.02% | +2,385+11.2% | Added |
| Caxton Associates LLP | 23,574 | $3.79M | 0.08% | −10,036−29.9% | Reduced |
| Insigneo Advisory Services, LLC | 23,522 | $3.79M | 0.27% | +1,075+4.8% | Added |
| Camden Capital, LLC | 23,365 | $3.76M | 0.24% | +126+0.5% | Added |
| Integrity Alliance, LLC. | 23,068 | $3.71M | 0.14% | +15,740+214.8% | Added |
| Generali Investments CEE, investicni spolecnost, a.s. | 23,058 | $3.71M | 0.26% | +23,058 | New |
| Intellectus Partners, LLC | 23,003 | $3.70M | 0.72% | −2,391−9.4% | Reduced |
| Knights of Columbus Asset Advisors LLC | 22,955 | $3.70M | 0.21% | −4,700−17.0% | Reduced |
| Blue Jean Financial LLC | 22,762 | $3.66M | 2.98% | +22,762 | New |
| Investment Insight Wealth Management, LLC | 22,634 | $3.64M | 3.58% | +22,634 | New |
| Sequoia Financial Advisors, LLC | 22,569 | $3.63M | 0.02% | +1,218+5.7% | Added |
| Fiduciary Alliance LLC | 22,269 | $3.58M | 0.23% | +784+3.6% | Added |
| Regions Financial Corp | 22,121 | $3.56M | 0.02% | +853+4.0% | Added |
| United Advisor Group, LLC | 22,088 | $3.56M | 0.46% | −6,498−22.7% | Reduced |
| Independent Advisor Alliance | 21,972 | $3.54M | 0.09% | +94+0.4% | Added |
| Cigna Investments Inc | 21,920 | $3.53M | 0.51% | −109−0.5% | Reduced |
| Mutual Advisors, LLC | 21,816 | $3.51M | 0.08% | +1,395+6.8% | Added |
| CWM, LLC | 21,775 | $3.50M | 0.01% | +4,272+24.4% | Added |
| Global Wealth Management Investment Advisory, Inc. | 21,731 | $3.50M | 0.56% | +700+3.3% | Added |
| Landscape Capital Management, L.L.C. | 21,443 | $3.45M | 0.23% | +8,360+63.9% | Added |
| Resolute Partners Group | 21,165 | $3.41M | 1.11% | 00.0% | Unchanged |
| Grove Bank & Trust | 21,150 | $3.40M | 0.38% | −4,350−17.1% | Reduced |
| Katamaran Capital LLP | 21,111 | $3.40M | 2.57% | +21,111 | New |
| LMR Partners LLP | 21,042 | $3.39M | 0.03% | 00.0% | Unchanged |
| Asset One Wealth Management LLC | 25,381 | $3.36M | 0.46% | +25,381 | New |
| Independent Financial Group, LLC | 20,771 | $3.34M | 0.07% | −2,582−11.1% | Reduced |
| Allworth Financial LP | 20,419 | $3.29M | 0.01% | −1,785−8.0% | Reduced |
| Wealthspire Advisors, LLC | 20,360 | $3.28M | 0.03% | +2,572+14.5% | Added |
| Evolutionary Tree Capital Management, LLC | 20,291 | $3.27M | 3.79% | −6,083−23.1% | Reduced |
| Hel Ved Capital Management Ltd | 20,285 | $3.27M | 1.13% | +8,385+70.5% | Added |
| Circle Wealth Management, LLC | 20,221 | $3.25M | 0.05% | −3,564−15.0% | Reduced |
| Alps Advisors Inc | 20,172 | $3.25M | 0.02% | −4,788−19.2% | Reduced |
| Diker Management LLC | 20,000 | $3.22M | 2.49% | 00.0% | Unchanged |
| Aubrey Capital Management Ltd | 20,000 | $3.22M | 1.27% | +20,000 | New |
| Cabot Wealth Management Inc | 19,974 | $3.22M | 0.36% | +7,920+65.7% | Added |
| Atala Financial Inc | 19,899 | $3.20M | 2.06% | −40.0% | Reduced |
| Weinberger Asset Management, Inc | 19,665 | $3.17M | 1.14% | −355−1.8% | Reduced |
| ICICI Prudential Asset Management Co Ltd | 19,621 | $3.16M | 0.37% | +879+4.7% | Added |
| Ascent Wealth Partners, LLC | 19,538 | $3.15M | 0.36% | +106+0.5% | Added |
| Commerzbank Aktiengesellschaft | 19,452 | $3.13M | 0.06% | −2,648−12.0% | Reduced |
| Focus Financial Network, Inc. | 19,425 | $3.13M | 0.11% | −1,487−7.1% | Reduced |
| Fairfield, Bush & Co. | 19,409 | $3.12M | 1.65% | −2,620−11.9% | Reduced |
| Squarepoint Ops LLC | 19,269 | $3.10M | 0.01% | −9,289−32.5% | Reduced |
| Alta Wealth Advisors LLC | 19,224 | $3.09M | 1.03% | −26−0.1% | Reduced |
| ORG Wealth Partners, LLC | 18,967 | $3.05M | 0.72% | −1,301−6.4% | Reduced |
| Alliance Wealth Advisors, LLC | 18,966 | $3.05M | 0.66% | −15,788−45.4% | Reduced |
| Financial Perspectives, Inc | 18,858 | $3.04M | 0.82% | 00.0% | Unchanged |
| Douglass Winthrop Advisors, LLC | 18,712 | $3.01M | 0.05% | +342+1.9% | Added |
| RFG Advisory, LLC | 18,602 | $2.99M | 0.06% | −2,368−11.3% | Reduced |
| CAP Partners, LLC | 18,587 | $2.99M | 1.70% | −54−0.3% | Reduced |
| Cypress Wealth Services, LLC | 18,437 | $2.97M | 0.41% | +1,273+7.4% | Added |
| Plato Investment Management Ltd | 18,262 | $2.96M | 0.19% | −12,572−40.8% | Reduced |
| Stratos Wealth Partners, LTD. | 18,252 | $2.94M | 0.03% | −1,719−8.6% | Reduced |
| CAPROCK Group, Inc. | 18,150 | $2.92M | 0.06% | −1,015−5.3% | Reduced |
| Principal Securities, Inc. | 18,023 | $2.90M | 0.04% | +90.0% | Added |
| Goodman Advisory Group, LLC | 17,981 | $2.89M | 0.71% | −808−4.3% | Reduced |
| Valeo Financial Advisors, LLC | 17,959 | $2.89M | 0.06% | −1,258−6.5% | Reduced |
| Simplicity Wealth,LLC | 17,909 | $2.88M | 0.17% | −6,476−26.6% | Reduced |