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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, Q1 2026

Institutional positions in Shopify Inc. as of Mar 31, 2026. 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
1,741
−122 vs. Q4 2025
Shares held
832.6M
+42.3M (+5.4%) vs. Q4 2025
Total value
$99.1B
−$28.2B (−22.2%) vs. Q4 2025
New holders
170
681 more added
Sold out
292
620 more reduced

29 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 1,741 institutions
Q1 2021: 1,158 institutionsQ2 2021: 1,213 institutionsQ3 2021: 1,228 institutionsQ4 2021: 1,352 institutionsQ1 2022: 1,149 institutionsQ2 2022: 968 institutionsQ3 2022: 883 institutionsQ4 2022: 973 institutionsQ1 2023: 1,028 institutionsQ2 2023: 1,127 institutionsQ3 2023: 1,081 institutionsQ4 2023: 1,214 institutionsQ1 2024: 1,222 institutionsQ2 2024: 1,213 institutionsQ3 2024: 1,262 institutionsQ4 2024: 1,490 institutionsQ1 2025: 1,480 institutionsQ2 2025: 1,555 institutionsQ3 2025: 1,718 institutionsQ4 2025: 1,892 institutionsQ1 2026: 1,741 institutionsQ2 2026: 1,719 institutions
Value heldQ1 2026: $99.1B
Q1 2021: $82.9BQ2 2021: $111.4BQ3 2021: $104.0BQ4 2021: $108.3BQ1 2022: $52.1BQ2 2022: $22.2BQ3 2022: $19.6BQ4 2022: $26.7BQ1 2023: $36.8BQ2 2023: $50.6BQ3 2023: $42.6BQ4 2023: $63.1BQ1 2024: $61.5BQ2 2024: $53.8BQ3 2024: $66.6BQ4 2024: $88.7BQ1 2025: $80.9BQ2 2025: $97.4BQ3 2025: $123.4BQ4 2025: $138.3BQ1 2026: $99.1BQ2 2026: $94.6B
Institutions holding SHOP and their total value by quarter
QuarterHoldersValue
Q2 20261,719$94.6B
Q1 20261,741$99.1B
Q4 20251,892$138.3B
Q3 20251,718$123.4B
Q2 20251,555$97.4B
Q1 20251,480$80.9B
Q4 20241,490$88.7B
Q3 20241,262$66.6B
Q2 20241,213$53.8B
Q1 20241,222$61.5B
Q4 20231,214$63.1B
Q3 20231,081$42.6B
Q2 20231,127$50.6B
Q1 20231,028$36.8B
Q4 2022973$26.7B
Q3 2022883$19.6B
Q2 2022968$22.2B
Q1 20221,149$52.1B
Q4 20211,352$108.3B
Q3 20211,228$104.0B
Q2 20211,213$111.4B
Q1 20211,158$82.9B

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q4 2025.

Institutions holding SHOP in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors50,060,088$5.93B1.39%+11,716,933+30.6%Added
FMR LLC45,834,484$5.44B0.29%−2,168,593−4.5%Reduced
Invesco Ltd.36,379,261$4.32B0.42%−5,114,209−12.3%Reduced
Vanguard Capital Management LLC33,735,144$4.00B0.10%+33,735,144New
Capital World Investors33,696,844$4.00B0.55%−14,125,861−29.5%Reduced
Baillie Gifford & Co29,021,841$3.44B3.52%−2,184,391−7.0%Reduced
Price T Rowe Associates Inc25,016,858$2.97B0.34%+1,485,436+6.3%Added
Morgan Stanley24,704,666$2.93B0.18%−1,748,477−6.6%Reduced
Royal Bank of Canada21,658,696$2.57B0.49%+1,923,145+9.7%Added
FIL Ltd18,226,469$2.16B1.68%−158,902−0.9%Reduced
JPMorgan Chase & Co17,457,018$1.95B0.13%−15,961,279−47.8%Reduced
Jennison Associates LLC16,299,259$1.93B1.33%−2,667,148−14.1%Reduced
Loomis Sayles & Co L P14,403,445$1.71B2.30%−66,724−0.5%Reduced
Bank of Montreal13,053,711$1.55B0.66%+929,514+7.7%Added
Geode Capital Management, LLC12,910,116$1.54B0.10%+308,640+2.4%Added
National Bank of Canada12,811,918$1.52B1.55%+3,394,298+36.0%Added
Alliancebernstein L.P.8,813,928$1.42B0.46%+2,263,588+34.6%Added
Capital Research Global Investors11,641,932$1.38B0.21%+9,723,990+507.0%Added
Bank of America Corp11,183,985$1.33B0.10%−297,606−2.6%Reduced
Vanguard Fiduciary Trust Co10,774,862$1.28B0.32%+10,774,862New
1832 Asset Management L.P.10,187,742$1.21B1.60%+2,374,324+30.4%Added
Mackenzie Financial Corp9,946,334$1.18B1.42%−14,763−0.1%Reduced
TD Asset Management Inc9,574,621$1.13B0.92%+860,859+9.9%Added
Goldman Sachs Group Inc9,146,115$1.08B0.14%−4,034,430−30.6%Reduced
Wellington Management Group LLP9,070,116$1.07B0.20%+2,617,851+40.6%Added
Sands Capital Management, LLC8,935,666$1.06B4.16%−570,370−6.0%Reduced
BlackRock, Inc.8,887,516$1.05B0.02%−1,200,156−11.9%Reduced
CIBC World Markets Inc.8,749,299$1.04B1.82%+17,372+0.2%Added
Manufacturers Life Insurance Company, The8,418,903$998.1M0.86%+660,198+8.5%Added
Canada Pension Plan Investment Board8,312,252$986.5M0.64%−451,055−5.1%Reduced
Franklin Resources Inc8,272,377$981.6M0.24%−272,268−3.2%Reduced
Massachusetts Financial Services Co6,031,360$789.3M0.27%+138,527+2.4%Added
Connor, Clark & Lunn Investment Management Ltd.6,384,833$757.7M1.75%+182,560+2.9%Added
Newlands Management Operations LLC6,325,050$750.3M4.85%00.0%Unchanged
Legal & General Group Plc6,344,182$750.2M0.17%−5,079−0.1%Reduced
Polen Capital Management LLC6,306,740$748.1M5.17%−895,132−12.4%Reduced
WCM Investment Management, LLC6,682,523$746.9M1.70%−18,156−0.3%Reduced
Edgewood Management LLC6,066,124$719.6M4.64%−133,335−2.2%Reduced
Nuveen, LLC5,087,563$602.7M0.16%−1,013,398−16.6%Reduced
Vanguard Global Advisers, LLC4,919,938$583.8M0.31%+4,919,938New
UBS Group AG4,730,646$561.1M0.10%+1,903,352+67.3%Added
Bamco Inc4,718,230$559.7M1.69%+2,429,960+106.2%Added
Artisan Partners Limited Partnership4,362,111$517.4M0.84%−31,129−0.7%Reduced
CIBC Asset Management Inc4,305,479$511.1M1.25%+24,951+0.6%Added
ARK Investment Management LLCSuperinvestorARK Invest4,177,652$495.6M3.85%+198,754+5.0%Added
Swiss National Bank4,115,300$487.6M0.28%+876,100+27.0%Added
Janus Henderson Group PLC4,088,788$478.9M0.23%−334,622−7.6%Reduced
Sumitomo Mitsui Trust Holdings, Inc.3,678,602$436.4M0.28%+145,500+4.1%Added
Barclays PLC3,639,371$431.7M0.15%+1,889,746+108.0%Added
Jane Street Group, LLC3,497,721$414.9M0.45%+3,187,389+1,027.1%Added
Bank of New York Mellon Corp3,495,964$414.7M0.08%+159,873+4.8%Added
Nikko Asset Management Americas, Inc.3,458,265$410.2M5.80%+165,080+5.0%Added
Deutsche Bank AG3,232,952$383.5M0.13%−162,393−4.8%Reduced
Amundi3,200,943$379.7M0.10%+84,971+2.7%Added
Bank of Nova Scotia3,196,004$379.1M0.66%+621,893+24.2%Added
Wells Fargo & Company3,073,182$364.5M0.07%−312,222−9.2%Reduced
Toronto Dominion Bank3,070,686$364.4M0.70%−140,328−4.4%Reduced
Clearbridge Investments, LLC3,041,015$360.7M0.31%−1,126,252−27.0%Reduced
Winslow Capital Management, LLC3,024,200$358.7M1.40%+67,918+2.3%Added
Federation des caisses Desjardins du Quebec2,920,057$345.0M1.24%+650,291+28.7%Added
Charles Schwab Investment Management Inc2,726,780$322.5M0.05%+102,004+3.9%Added
SEI Investments Co2,704,618$320.8M0.30%+189,583+7.5%Added
Mirova US LLC2,671,242$316.9M3.60%−114,701−4.1%Reduced
Victory Capital Management Inc2,546,610$302.1M0.19%+1,990,869+358.2%Added
Marshall Wace, LLP2,541,886$301.5M0.32%+642,167+33.8%Added
Ameriprise Financial Inc2,446,749$292.3M0.07%+322,000+15.2%Added
ICONIQ Capital, LLC2,456,052$291.3M6.52%00.0%Unchanged
Susquehanna International Group, LLP2,254,053$267.4M0.35%+1,735,732+334.9%Added
Envestnet Asset Management Inc2,251,187$267.0M0.07%+401,894+21.7%Added
Raymond James Financial Inc2,198,319$260.8M0.08%−37,642−1.7%Reduced
Gilder Gagnon Howe & Co LLC2,154,743$255.6M3.07%−23,653−1.1%Reduced
Picton Mahoney Asset Management2,135,617$253.5M2.64%+202,685+10.5%Added
Vanguard Asset Management, Ltd2,129,246$252.6M0.22%+2,129,246New
Natixis Advisors, L.P.1,884,639$223.6M0.31%+298,535+18.8%Added
Northern Trust Corp1,818,538$215.7M0.03%+44,928+2.5%Added
MUFG Securities (Canada), Ltd.1,818,588$215.4M6.19%−43,412−2.3%Reduced
British Columbia Investment Management Corp1,749,349$207.6M1.23%−508,441−22.5%Reduced
Mirae Asset Global ETFs Holdings Ltd.1,713,564$203.2M0.28%+77,157+4.7%Added
Strategy Capital LLC1,649,987$195.7M16.00%+14,412+0.9%Added
Ashe Capital Management, LP1,647,738$195.5M24.51%−102,502−5.9%Reduced
Russell Investments Group, Ltd.1,652,855$194.6M0.21%+107,863+7.0%Added
Pictet Asset Management Holding SA1,622,681$192.3M0.20%+258,222+18.9%Added
Barton Investment Management1,602,959$190.1M23.85%−37,467−2.3%Reduced
ProShare Advisors LLC1,554,879$184.4M0.27%−344,753−18.1%Reduced
Rathbone Brothers plc1,510,859$179.2M0.72%+109,078+7.8%Added
Brown Advisory Inc1,490,532$176.8M0.29%−253,942−14.6%Reduced
LPL Financial LLC1,465,785$173.9M0.05%+89,463+6.5%Added
D. E. Shaw & Co., Inc.1,454,594$172.5M0.14%+174,425+13.6%Added
Polar Capital Holdings Plc1,441,167$171.0M0.75%−237,626−14.2%Reduced
American Century Companies Inc1,415,395$167.9M0.09%+344,063+32.1%Added
Caisse de Depot Et Placement du Quebec1,392,886$164.7M0.26%−18,835−1.3%Reduced
Zevenbergen Capital Investments LLC1,309,176$155.3M4.47%−365,561−21.8%Reduced
Scotia Capital Inc.1,305,851$154.7M0.64%+144,674+12.5%Added
Thrivent Financial for Lutherans1,267,968$150.4M0.29%+119,709+10.4%Added
TD Waterhouse Canada Inc.1,194,385$140.9M0.42%+680,092+132.2%Added
First Trust Advisors LP1,177,120$139.6M0.10%+196,528+20.0%Added
Aviva PLC1,053,953$124.7M0.21%+30,740+3.0%Added
Neuberger Berman Group LLC1,056,314$124.3M0.09%+202,899+23.8%Added
Vaughan Nelson Investment Management, L.P.1,005,760$119.3M1.20%+1,005,760New
Arrowstreet Capital, Limited Partnership1,001,408$118.8M0.06%−5,073,528−83.5%Reduced