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 |
|---|---|---|---|---|---|
| Diversify Advisory Services, LLC | 18,433 | $2.87M | 0.09% | −1,553−7.8% | Reduced |
| Davenport & Co LLC | 17,835 | $2.87M | 0.02% | −6,109−25.5% | Reduced |
| Montag A & Associates Inc | 17,758 | $2.86M | 0.13% | +414+2.4% | Added |
| Venturi Wealth Management, LLC | 17,727 | $2.85M | 0.13% | +1,874+11.8% | Added |
| Pinnbrook Capital Management LP | 17,634 | $2.84M | 0.73% | −12,669−41.8% | Reduced |
| Nilsine Partners, LLC | 17,616 | $2.84M | 0.25% | −912−4.9% | Reduced |
| Wedbush Securities Inc | 17,349 | $2.79M | 0.08% | +493+2.9% | Added |
| UBS Asset Management Americas Inc | 17,330 | $2.79M | 0.00% | −8,236−32.2% | Reduced |
| TB Alternative Assets Ltd. | 17,074 | $2.75M | 0.45% | +17,074 | New |
| Putney Financial Group LLC | 17,005 | $2.74M | 2.56% | −497−2.8% | Reduced |
| Legacy Capital Group California, Inc. | 17,000 | $2.74M | 0.66% | −174−1.0% | Reduced |
| Cim, LLC | 16,994 | $2.74M | 0.36% | +1,842+12.2% | Added |
| Level Four Advisory Services, LLC | 16,817 | $2.71M | 0.09% | −10,067−37.4% | Reduced |
| Keybank National Association | 16,774 | $2.70M | 0.01% | +51+0.3% | Added |
| Empower Advisory Group, LLC | 16,636 | $2.68M | 0.01% | +1,180+7.6% | Added |
| SWS Partners | 16,620 | $2.68M | 0.65% | −112−0.7% | Reduced |
| Procyon Private Wealth Partners, LLC | 16,604 | $2.67M | 0.13% | −530−3.1% | Reduced |
| Hilltop Holdings Inc. | 16,539 | $2.66M | 0.16% | −1,061−6.0% | Reduced |
| Colorado Capital Management, Inc. | 16,450 | $2.65M | 0.99% | 00.0% | Unchanged |
| Uhlmann Price Securities, LLC | 16,199 | $2.61M | 1.55% | −763−4.5% | Reduced |
| Natural Investments, LLC | 16,197 | $2.61M | 0.65% | +16,197 | New |
| Sowell Financial Services LLC | 16,169 | $2.60M | 0.10% | −617−3.7% | Reduced |
| Dynasty Wealth Management, LLC | 16,124 | $2.60M | 0.03% | +643+4.2% | Added |
| ArrowMark Colorado Holdings LLC | 16,000 | $2.58M | 0.06% | 00.0% | Unchanged |
| Evelyn Partners Investment Management LLP | 15,935 | $2.57M | 0.07% | −1,483−8.5% | Reduced |
| IMC-Chicago, LLC | 15,927 | $2.56M | 0.05% | +15,927 | New |
| Verdence Capital Advisors LLC | 15,874 | $2.56M | 0.15% | −4,403−21.7% | Reduced |
| Personal Cfo Solutions, LLC | 15,868 | $2.55M | 0.41% | +1,393+9.6% | Added |
| Arkfeld Wealth Strategies, L.L.C. | 15,230 | $2.54M | 0.87% | −8−0.1% | Reduced |
| Huntleigh Advisors, Inc. | 15,775 | $2.54M | 0.43% | 00.0% | Unchanged |
| Avestar Capital, LLC | 15,732 | $2.53M | 0.17% | +4,296+37.6% | Added |
| Main Management ETF Advisors, LLC | 15,660 | $2.52M | 0.09% | +160+1.0% | Added |
| RiverPark Advisors, LLC | 15,598 | $2.51M | 0.72% | −4,172−21.1% | Reduced |
| Black Swift Group, LLC | 15,550 | $2.50M | 0.42% | +15,550 | New |
| Kovitz Investment Group Partners, LLC | 15,489 | $2.49M | 0.06% | −2,359−13.2% | Reduced |
| Great Valley Advisor Group, Inc. | 15,460 | $2.49M | 0.05% | +436+2.9% | Added |
| TD Private Client Wealth LLC | 15,443 | $2.49M | 0.05% | +10,613+219.7% | Added |
| Night Squared LP | 15,411 | $2.48M | 0.70% | +15,411 | New |
| Leonteq Securities AG | 14,261 | $2.48M | 0.13% | −4,619−24.5% | Reduced |
| Highland Capital Management, LLC | 15,380 | $2.48M | 0.12% | −1,550−9.2% | Reduced |
| SIG North Trading, ULC | 15,163 | $2.44M | 0.43% | +15,163 | New |
| Prime Capital Investment Advisors, LLC | 15,160 | $2.44M | 0.03% | −2,514−14.2% | Reduced |
| DB&C Advisors, LLC | 15,116 | $2.43M | 3.05% | +15,116 | New |
| Timothy G. Youngquist 2020 Irrevocable Trust | 15,092 | $2.43M | 2.08% | +15,092 | New |
| Aristotle Atlantic Partners, LLC | 15,039 | $2.42M | 0.11% | −78,702−84.0% | Reduced |
| Harbour Investments, Inc. | 15,005 | $2.42M | 0.05% | −38−0.3% | Reduced |
| Dockside LLC | 14,993 | $2.41M | 0.62% | +14,993 | New |
| Evoke Wealth, LLC | 14,934 | $2.40M | 0.05% | +7,516+101.3% | Added |
| Eventide Asset Management, LLC | 14,886 | $2.40M | 0.04% | +3,455+30.2% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 14,909 | $2.40M | 0.02% | +138+0.9% | Added |
| Wellington Shields & Co., LLC | 14,893 | $2.40M | 0.59% | −750−4.8% | Reduced |
| VestGen Advisors, LLC | 14,813 | $2.38M | 0.10% | −64,618−81.4% | Reduced |
| Mission Wealth Management, LP | 14,737 | $2.37M | 0.05% | +10,824+276.6% | Added |
| Change Path, LLC | 14,621 | $2.35M | 0.06% | +85+0.6% | Added |
| International Assets Investment Management, LLC | 14,559 | $2.34M | 0.16% | −123−0.8% | Reduced |
| Harrell Investment Partners, LLC | 14,534 | $2.34M | 0.55% | +87+0.6% | Added |
| Evergreen Capital Management LLC | 14,488 | $2.33M | 0.05% | +527+3.8% | Added |
| Malaga Cove Capital, LLC | 14,481 | $2.33M | 0.81% | −546−3.6% | Reduced |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 14,477 | $2.33M | 0.07% | +305+2.2% | Added |
| Annis Gardner Whiting Capital Advisors, LLC | 14,368 | $2.31M | 0.44% | −31−0.2% | Reduced |
| Gotham Asset Management, LLC | 14,287 | $2.30M | 0.01% | −3,041−17.5% | Reduced |
| Midwest Professional Planners, LTD. | 14,127 | $2.27M | 0.54% | +1,429+11.3% | Added |
| Arkadios Wealth Advisors | 14,102 | $2.27M | 0.05% | −819−5.5% | Reduced |
| Two Sigma Advisers, LP | 14,100 | $2.27M | 0.00% | +10,200+261.5% | Added |
| Ted Buchan & Co | 14,089 | $2.27M | 0.83% | +27+0.2% | Added |
| Ausdal Financial Partners, Inc. | 14,019 | $2.26M | 0.10% | −1,361−8.8% | Reduced |
| Fiera Capital Corp | 13,999 | $2.25M | 0.01% | +8,363+148.4% | Added |
| Belpointe Asset Management LLC | 13,944 | $2.24M | 0.08% | +3,282+30.8% | Added |
| Resources Investment Advisors, LLC. | 13,902 | $2.24M | 0.02% | −659−4.5% | Reduced |
| We Are One Seven, LLC | 13,873 | $2.23M | 0.05% | −20.0% | Reduced |
| Chicago Partners Investment Group LLC | 16,113 | $2.22M | 0.05% | +1,926+13.6% | Added |
| Cornerstone Wealth Management, LLC | 13,777 | $2.22M | 0.12% | +52+0.4% | Added |
| SCS Capital Management LLC | 13,759 | $2.21M | 0.02% | −30−0.2% | Reduced |
| Ancora Advisors, LLC | 13,729 | $2.21M | 0.05% | +416+3.1% | Added |
| Horizon Investments, LLC | 13,718 | $2.21M | 0.03% | +13,718 | New |
| Watershed Private Wealth LLC | 13,713 | $2.21M | 0.66% | +528+4.0% | Added |
| Coastline Trust Co | 13,541 | $2.18M | 0.20% | +12,244+944.0% | Added |
| MAI Capital Management | 13,536 | $2.18M | 0.01% | +266+2.0% | Added |
| Signal Advisors Wealth, LLC | 13,508 | $2.17M | 0.17% | −1,589−10.5% | Reduced |
| Integrated Advisors Network LLC | 13,478 | $2.17M | 0.10% | −2,662−16.5% | Reduced |
| Gillson Capital LP | 13,461 | $2.17M | 0.14% | −36,139−72.9% | Reduced |
| Simplex Trading, LLC | 13,407 | $2.16M | 0.06% | +12,513+1,399.7% | Added |
| Corrado Advisors, LLC | 13,400 | $2.16M | 1.08% | 00.0% | Unchanged |
| Gardner Lewis Asset Management L P | 13,318 | $2.14M | 0.54% | +7,273+120.3% | Added |
| Cohen Capital Management, Inc. | 13,300 | $2.14M | 0.32% | 00.0% | Unchanged |
| Bank of New Hampshire | 13,240 | $2.13M | 0.48% | +430+3.4% | Added |
| Means Investment Co., Inc. | 13,203 | $2.13M | 0.18% | +55+0.4% | Added |
| Oberweis Asset Management Inc | 13,100 | $2.11M | 0.08% | +3,100+31.0% | Added |
| Conway Capital Management, Inc. | 13,030 | $2.10M | 0.89% | +475+3.8% | Added |
| Truvestments Capital LLC | 12,979 | $2.09M | 0.38% | +1,398+12.1% | Added |
| Perennial Investment Advisors, LLC | 12,916 | $2.08M | 0.16% | −128−1.0% | Reduced |
| Coldstream Capital Management Inc | 12,834 | $2.07M | 0.03% | +8,152+174.1% | Added |
| Kirtland Hills Capital Management, LLC | 12,781 | $2.06M | 0.72% | +672+5.5% | Added |
| EP Wealth Advisors, LLC | 12,716 | $2.05M | 0.01% | +12,716 | New |
| Kingswood Wealth Advisors, LLC | 12,712 | $2.05M | 0.10% | +5,141+67.9% | Added |
| Aptus Capital Advisors, LLC | 12,646 | $2.04M | 0.02% | +318+2.6% | Added |
| Oder Investment Management, LLC | 12,572 | $2.02M | 1.47% | −2,423−16.2% | Reduced |
| Morningstar Investment Management LLC | 12,548 | $2.02M | 0.12% | +12,548 | New |
| Interchange Capital Partners, LLC | 12,437 | $2.00M | 0.37% | −297−2.3% | Reduced |
| Gables Capital Management Inc. | 12,420 | $2.00M | 0.84% | +4,120+49.6% | Added |