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 |
|---|---|---|---|---|---|
| Axxcess Wealth Management, LLC | 12,388 | $1.99M | 0.04% | −972−7.3% | Reduced |
| Capula Management Ltd | 12,359 | $1.99M | 0.01% | −20,259−62.1% | Reduced |
| Macquarie Group Ltd | 12,296 | $1.98M | 0.01% | −1,071,429−98.9% | Reduced |
| 111 Capital | 12,235 | $1.97M | 0.43% | −3,305−21.3% | Reduced |
| Pine Valley Investments Ltd Liability Co | 12,224 | $1.97M | 0.10% | 00.0% | Unchanged |
| Fairvoy Private Wealth, LLC | 12,215 | $1.97M | 0.44% | +765+6.7% | Added |
| RHL Group, LLC | 12,192 | $1.96M | 1.58% | +12,192 | New |
| Capital Fund Management S.A. | 12,188 | $1.96M | 0.02% | −27,203−69.1% | Reduced |
| Intrinsic Value Partners, LLC | 12,119 | $1.95M | 1.46% | −205−1.7% | Reduced |
| Western Financial Corp | 12,119 | $1.95M | 0.77% | +187+1.6% | Added |
| First Manhattan Co | 12,093 | $1.95M | 0.01% | +2,777+29.8% | Added |
| Woodward Diversified Capital, LLC | 12,024 | $1.94M | 0.89% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 11,972 | $1.93M | 0.02% | +2,651+28.4% | Added |
| Strong Retirement Solutions LLC | 11,944 | $1.92M | 1.30% | +11,944 | New |
| State of Wyoming | 11,854 | $1.91M | 0.21% | +1,340+12.7% | Added |
| Rare Wolf Capital LLC | 11,824 | $1.90M | 1.19% | +11,824 | New |
| Fortis Capital Advisors, LLC | 11,777 | $1.90M | 0.28% | +3,544+43.0% | Added |
| Jump Financial, LLC | 11,694 | $1.88M | 0.02% | −28,715−71.1% | Reduced |
| Legacy Financial Advisors, Inc. | 11,690 | $1.88M | 0.26% | +499+4.5% | Added |
| Danske Bank A/S | 11,621 | $1.87M | 0.00% | +6,558+129.5% | Added |
| Sumitomo Life Insurance Co | 11,597 | $1.87M | 0.05% | +101+0.9% | Added |
| Titleist Asset Management, LLC | 11,423 | $1.84M | 0.15% | −166−1.4% | Reduced |
| HB Wealth Management, LLC | 11,392 | $1.83M | 0.01% | +1,285+12.7% | Added |
| Norris Financial Group, LLC | 11,369 | $1.83M | 0.62% | −7,259−39.0% | Reduced |
| Yousif Capital Management, LLC | 12,663 | $1.83M | 0.02% | −2,451−16.2% | Reduced |
| Capstone Triton Financial Group, LLC | 11,261 | $1.81M | 1.20% | −1,734−13.3% | Reduced |
| Baker Tilly Wealth Management, LLC | 11,235 | $1.81M | 0.45% | −1,463−11.5% | Reduced |
| Perpetual Ltd | 11,184 | $1.80M | 0.03% | −162,385−93.6% | Reduced |
| XTX Topco Ltd | 11,144 | $1.79M | 0.05% | +11,144 | New |
| Three Seasons Wealth, LLC | 10,987 | $1.77M | 0.17% | −6,155−35.9% | Reduced |
| Quadcap Wealth Management, LLC | 10,978 | $1.77M | 0.20% | +40.0% | Added |
| Roundview Capital LLC | 10,952 | $1.76M | 0.11% | −217−1.9% | Reduced |
| Pembroke Management, LTD | 10,937 | $1.76M | 0.18% | 00.0% | Unchanged |
| Knollwood Investment Advisory, LLC | 10,930 | $1.76M | 0.17% | −9,686−47.0% | Reduced |
| IHT Wealth Management, LLC | 10,875 | $1.75M | 0.04% | +768+7.6% | Added |
| Grant Private Wealth Management Inc | 10,824 | $1.74M | 1.05% | +1,400+14.9% | Added |
| Whitaker-Myers Wealth Managers, LTD. | 10,819 | $1.74M | 0.36% | +10,819 | New |
| Genesis Financial Group, LLC | 10,800 | $1.74M | 1.01% | +10,800 | New |
| Keating Financial Advisory Services, Inc. | 10,796 | $1.74M | 0.24% | +10,796 | New |
| Nicholas Investment Partners, LP | 10,781 | $1.74M | 0.13% | +1,212+12.7% | Added |
| Midway Capital Research & Management | 10,778 | $1.73M | 1.69% | +10,778 | New |
| Bluebird Wealth Management LLC | 10,769 | $1.73M | 1.62% | +10,769 | New |
| William Blair Investment Management, LLC | 10,764 | $1.73M | 0.00% | −576−5.1% | Reduced |
| OpenArc Corporate Advisory, LLC | 10,746 | $1.73M | 0.03% | +10,746 | New |
| Abbot Financial Management, Inc. | 10,731 | $1.73M | 0.72% | +167+1.6% | Added |
| NVWM, LLC | 10,652 | $1.71M | 0.37% | +257+2.5% | Added |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 12,370 | $1.70M | 0.02% | −30−0.2% | Reduced |
| One Wealth Capital Management, LLC | 10,562 | $1.70M | 0.72% | −579−5.2% | Reduced |
| Baer Investment Advisory LLC | 10,503 | $1.69M | 2.36% | −430−3.9% | Reduced |
| Pinnacle Associates Ltd | 10,483 | $1.69M | 0.02% | −1,504−12.5% | Reduced |
| Virtu Financial LLC | 10,418 | $1.68M | 0.06% | +7,848+305.4% | Added |
| Diversified Trust Co | 10,349 | $1.67M | 0.03% | +844+8.9% | Added |
| Qtron Investments LLC | 10,294 | $1.66M | 0.22% | −2,628−20.3% | Reduced |
| CMT Capital Markets Trading GmbH | 10,276 | $1.65M | 1.09% | −116,974−91.9% | Reduced |
| YANKCOM Partnership | 10,264 | $1.65M | 0.70% | +26+0.3% | Added |
| Sunbelt Securities, Inc. | 10,201 | $1.64M | 0.11% | −2,634−20.5% | Reduced |
| AlphaCore Capital LLC | 10,145 | $1.63M | 0.04% | +2,504+32.8% | Added |
| Fortis Group Advisors, LLC | 12,423 | $1.63M | 0.27% | −238−1.9% | Reduced |
| TriaGen Wealth Management LLC | 10,069 | $1.62M | 0.42% | −7,170−41.6% | Reduced |
| Wealth Management Partners, LLC | 10,052 | $1.62M | 0.46% | −63−0.6% | Reduced |
| Permanens Capital L.P. | 10,030 | $1.61M | 0.21% | +2,103+26.5% | Added |
| Cypress Capital, LLC | 10,000 | $1.61M | 0.45% | 00.0% | Unchanged |
| Syon Capital LLC | 9,998 | $1.61M | 0.08% | +2,258+29.2% | Added |
| DMG Group, LLC | 9,983 | $1.61M | 1.07% | −1,041−9.4% | Reduced |
| WD Rutherford LLC | 9,969 | $1.60M | 0.67% | +2,557+34.5% | Added |
| X-Square Capital, LLC | 9,904 | $1.59M | 0.52% | +161+1.7% | Added |
| Sagespring Wealth Partners, LLC | 9,901 | $1.59M | 0.03% | +1,252+14.5% | Added |
| Peapack Gladstone Financial Corp | 9,891 | $1.59M | 0.02% | −393−3.8% | Reduced |
| Manchester Capital Management LLC | 9,846 | $1.58M | 0.22% | +761+8.4% | Added |
| Gladstone Institutional Advisory LLC | 9,777 | $1.57M | 0.06% | +2,385+32.3% | Added |
| Kohmann Bosshard Financial Services, LLC | 9,650 | $1.55M | 0.14% | −1,064−9.9% | Reduced |
| Frank, Rimerman Advisors LLC | 9,628 | $1.55M | 0.10% | +28+0.3% | Added |
| BLB&B Advisors, LLC | 9,619 | $1.55M | 0.06% | −316−3.2% | Reduced |
| StoneCrest Wealth Management, Inc. | 9,613 | $1.55M | 0.62% | +244+2.6% | Added |
| Cyndeo Wealth Partners, LLC | 9,605 | $1.55M | 0.08% | +1,975+25.9% | Added |
| Monetta Financial Services Inc | 9,600 | $1.55M | 1.11% | +2,600+37.1% | Added |
| Intercapital, LLC | 9,595 | $1.54M | 0.81% | +9,595 | New |
| BNP Paribas | 9,490 | $1.53M | 0.04% | +4,043+74.2% | Added |
| Newbridge Financial Services Group, Inc. | 9,486 | $1.53M | 0.24% | −1,786−15.8% | Reduced |
| Indivisible Partners | 9,408 | $1.51M | 0.16% | +9,408 | New |
| Cherry Creek Investment Advisors, Inc. | 9,359 | $1.51M | 0.64% | −588−5.9% | Reduced |
| Z3 Capital Partners, LLC | 9,350 | $1.51M | 0.36% | +9,350 | New |
| Institute for Wealth Management, LLC. | 9,325 | $1.50M | 0.16% | −462−4.7% | Reduced |
| Menard Financial Group LLC | 9,321 | $1.50M | 1.03% | −6−0.1% | Reduced |
| Fiduciary Planning LLC | 9,294 | $1.50M | 0.45% | −236−2.5% | Reduced |
| Moneta Group Investment Advisors LLC | 9,291 | $1.50M | 0.01% | +1,208+14.9% | Added |
| Dynamic Technology Lab Private Ltd | 9,290 | $1.50M | 0.34% | +9,290 | New |
| Riverpark Capital Management LLC | 9,237 | $1.49M | 2.87% | −3,704−28.6% | Reduced |
| Cornerstone Enterprises, LLC | 9,170 | $1.48M | 0.71% | +1,533+20.1% | Added |
| Moore Capital Management, LP | 9,108 | $1.47M | 0.03% | +6,287+222.9% | Added |
| Brown, Lisle/Cummings, Inc. | 9,100 | $1.46M | 0.36% | +975+12.0% | Added |
| Ethic Inc. | 9,080 | $1.46M | 0.02% | +1,109+13.9% | Added |
| PDS Planning, Inc | 9,068 | $1.46M | 0.10% | −544−5.7% | Reduced |
| Northbridge Financial Group, LLC | 9,028 | $1.45M | 0.65% | +9,028 | New |
| LBMC Investment Advisors, LLC | 8,950 | $1.44M | 0.09% | 00.0% | Unchanged |
| Advisory Resource Group | 8,940 | $1.44M | 0.25% | −81−0.9% | Reduced |
| Foundations Investment Advisors, LLC | 8,804 | $1.42M | 0.02% | −674−7.1% | Reduced |
| Crewe Advisors LLC | 8,651 | $1.39M | 0.12% | +45+0.5% | Added |
| Perigon Wealth Management, LLC | 8,647 | $1.39M | 0.02% | +306+3.7% | Added |
| Williams Jones Wealth Management, LLC. | 8,643 | $1.39M | 0.02% | −175−2.0% | Reduced |