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.
| 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, Q1 2026
Shares, value and share of portfolio for each institution holding Shopify Inc.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Select Equity Group, L.P. | 235,714 | $28.0M | 0.15% | −362,933−60.6% | Reduced |
| Wedbush Fund Advisers, LLC | 233,770 | $27.7M | 3.21% | +31,077+15.3% | Added |
| Thornburg Investment Management Inc | 233,601 | $27.7M | 0.29% | +96,322+70.2% | Added |
| Pathstone Holdings, LLC | 233,548 | $27.7M | 0.11% | +35,682+18.0% | Added |
| Millennium Management LLC | 232,972 | $27.6M | 0.02% | −26,986−10.4% | Reduced |
| Ossiam | 230,280 | $27.3M | 0.48% | −7,321−3.1% | Reduced |
| Gavilan Investment Partners LLC | 230,000 | $27.3M | 7.33% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 229,628 | $27.2M | 0.07% | +31,563+15.9% | Added |
| Principal Financial Group Inc | 222,232 | $26.3M | 0.01% | −69,628−23.9% | Reduced |
| Quantinno Capital Management LP | 221,747 | $26.3M | 0.04% | +20,879+10.4% | Added |
| MML Investors Services, LLC | 221,022 | $26.2M | 0.07% | +29,599+15.5% | Added |
| Assetmark, Inc | 219,104 | $26.0M | 0.05% | +5,521+2.6% | Added |
| SEB Asset Management AB | 217,311 | $25.7M | 0.11% | +217,311 | New |
| Northwestern Mutual Wealth Management Co | 214,449 | $25.4M | 0.02% | +14,078+7.0% | Added |
| Capital Fund Management S.A. | 212,109 | $25.2M | 0.23% | +199,921+1,640.3% | Added |
| ThornTree Capital Partners LP | 211,795 | $25.1M | 4.46% | +211,795 | New |
| Swiss Life Asset Management Ltd | 208,643 | $24.7M | 0.12% | +23,661+12.8% | Added |
| Peregrine Capital Management LLC | 206,918 | $24.5M | 0.91% | +206,918 | New |
| Union Bancaire Privee, UBP SA | 230,457 | $24.3M | 0.44% | −48,210−17.3% | Reduced |
| Intech Investment Management LLC | 205,375 | $24.3M | 0.24% | −16,931−7.6% | Reduced |
| Brown Capital Management LLC | 201,723 | $23.9M | 3.40% | −46,378−18.7% | Reduced |
| Baker Avenue Asset Management, LP | 200,132 | $23.7M | 0.54% | +30,268+17.8% | Added |
| Manchester Global Management (UK) Ltd | 199,956 | $23.7M | 3.17% | +47,000+30.7% | Added |
| Ampersand Capital Group, L.P. | 199,763 | $23.7M | 12.97% | +15,000+8.1% | Added |
| Islander Capital Partners, L.P. | 196,000 | $23.2M | 9.16% | +72,742+59.0% | Added |
| Varma Mutual Pension Insurance Co | 191,408 | $22.6M | 0.13% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 188,072 | $22.3M | 0.14% | +12,183+6.9% | Added |
| Davy Global Fund Management Ltd | 185,793 | $22.0M | 1.67% | +7,166+4.0% | Added |
| Colony Group, LLC | 184,788 | $22.0M | 0.02% | −19,922−9.7% | Reduced |
| Nissay Asset Management Corp | 184,696 | $21.9M | 0.12% | +8,541+4.8% | Added |
| Maryland State Retirement & Pension System | 180,494 | $21.4M | 0.44% | +2,140+1.2% | Added |
| Ci Investments Inc. | 178,051 | $21.1M | 0.10% | −340,084−65.6% | Reduced |
| Teachers Retirement System of the State of Kentucky | 177,366 | $21.0M | 0.16% | −20,100−10.2% | Reduced |
| Nippon Life Global Investors Americas, Inc. | 177,070 | $21.0M | 0.95% | +177,070 | New |
| Ninepoint Partners LP | 176,230 | $20.9M | 2.47% | +67,639+62.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 176,075 | $20.9M | 0.05% | −5,804−3.2% | Reduced |
| Oddo BHF Asset Management SAS | 122,698 | $20.3M | 0.80% | 00.0% | Unchanged |
| Pictet & Cie (Europe) SA | 167,956 | $19.9M | 0.43% | +167,956 | New |
| Lyell Wealth Management, LP | 164,916 | $19.6M | 1.44% | +210.0% | Added |
| Acadian Asset Management LLC | 164,070 | $19.4M | 0.03% | +85,984+110.1% | Added |
| Daiwa Securities Group Inc. | 163,192 | $19.4M | 0.06% | −8,608−5.0% | Reduced |
| Thompson Siegel & Walmsley LLC | 158,940 | $18.9M | 0.33% | 00.0% | Unchanged |
| HSBC Holdings PLC | 157,728 | $18.6M | 0.01% | −220,820−58.3% | Reduced |
| Baird Financial Group, Inc. | 156,201 | $18.5M | 0.03% | +3,793+2.5% | Added |
| Triasima Portfolio Management inc. | 155,216 | $18.4M | 2.78% | −27,122−14.9% | Reduced |
| Welch & Forbes LLC | 153,531 | $18.2M | 0.24% | +597+0.4% | Added |
| Liontrust Investment Partners LLP | 153,143 | $18.2M | 0.31% | −79,799−34.3% | Reduced |
| Gryphon Financial Partners LLC | 152,807 | $18.1M | 1.90% | +5,154+3.5% | Added |
| UBS Asset Management Americas Inc | 150,745 | $17.9M | 0.00% | +133,415+769.8% | Added |
| iA Global Asset Management Inc. | 149,046 | $17.7M | 0.25% | −52,838−26.2% | Reduced |
| Ilex Capital Partners (UK) LLP | 148,896 | $17.7M | 0.44% | +75,150+101.9% | Added |
| Franklin Street Advisors Inc | 148,703 | $17.6M | 1.08% | +81,048+119.8% | Added |
| Apollon Wealth Management, LLC | 148,676 | $17.6M | 0.29% | −850−0.6% | Reduced |
| Sanctuary Advisors, LLC | 147,911 | $17.5M | 0.09% | −18,851−11.3% | Reduced |
| Arthedge Capital Management, LLC | 146,600 | $17.4M | 17.52% | 00.0% | Unchanged |
| Danica Pension, Livsforsikringsaktieselskab | 104,931 | $17.3M | 0.32% | +104,931 | New |
| PBU - The Pension Fund of Early Childhood & Youth Educators | 146,047 | $17.3M | 0.26% | −36,152−19.8% | Reduced |
| Gerber Kawasaki Wealth & Investment Management | 143,282 | $17.0M | 0.54% | +100,981+238.7% | Added |
| Vestmark Advisory Solutions, Inc. | 142,909 | $17.0M | 0.19% | +10,051+7.6% | Added |
| Nomura Holdings Inc | 142,866 | $16.9M | 0.14% | −62,838−30.5% | Reduced |
| Generali Asset Management SPA SGR | 101,482 | $16.8M | 0.35% | +26,888+36.0% | Added |
| Tremblant Capital Group | 138,433 | $16.4M | 0.53% | −22,859−14.2% | Reduced |
| Rheos Capital Works Inc. | 138,000 | $16.4M | 1.09% | 00.0% | Unchanged |
| Dash Acquisitions Inc. | 120,640 | $16.3M | 3.39% | +8,193+7.3% | Added |
| Marcho Partners LLP | 137,158 | $16.3M | 13.14% | +24,441+21.7% | Added |
| Shelton Capital Management | 136,158 | $16.2M | 0.35% | −3,255−2.3% | Reduced |
| Carnegie Capital Asset Management, LLC | 135,824 | $16.1M | 0.31% | +19,162+16.4% | Added |
| Trillium Asset Management, LLC | 135,650 | $16.1M | 0.53% | −4,497−3.2% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 135,392 | $15.9M | 0.11% | +10,810+8.7% | Added |
| Utah Retirement Systems | 134,122 | $15.9M | 0.16% | −1,359−1.0% | Reduced |
| Winton Group Ltd | 132,133 | $15.7M | 0.55% | +82,975+168.8% | Added |
| Ithaka Group LLC | 130,679 | $15.5M | 3.22% | +2,963+2.3% | Added |
| Steadview Capital Management LLC | 128,559 | $15.2M | 6.73% | −123,995−49.1% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 128,470 | $15.2M | 0.16% | +6,169+5.0% | Added |
| Atria Investments LLC | 128,006 | $15.2M | 0.17% | −33,382−20.7% | Reduced |
| Cerity Partners LLC | 127,684 | $15.1M | 0.02% | +484+0.4% | Added |
| Equitable Holdings, Inc. | 95,051 | $15.0M | 0.10% | +5,619+6.3% | Added |
| Steel Peak Wealth Management LLC | 126,682 | $15.0M | 0.47% | +6,587+5.5% | Added |
| CI Private Wealth, LLC | 131,570 | $14.8M | 0.02% | +10,795+8.9% | Added |
| Baltimore-Washington Financial Advisors, Inc. | 124,508 | $14.8M | 0.64% | +7,782+6.7% | Added |
| Two Sigma Investments, LP | 124,170 | $14.7M | 0.01% | +88,983+252.9% | Added |
| Parkwood LLC | 124,149 | $14.7M | 1.31% | −44,038−26.2% | Reduced |
| Meridian Wealth Management, LLC | 123,830 | $14.7M | 0.52% | −13,251−9.7% | Reduced |
| Louisbourg Investments Inc. | 123,616 | $14.6M | 2.77% | +56,746+84.9% | Added |
| The PNC Financial Services Group, Inc. | 122,236 | $14.5M | 0.01% | −3,178−2.5% | Reduced |
| Cresset Asset Management, LLC | 121,700 | $14.4M | 0.06% | −8,694−6.7% | Reduced |
| Readystate Asset Management LP | 120,412 | $14.3M | 0.83% | +120,412 | New |
| Texas Yale Capital Corp. | 118,092 | $14.0M | 0.40% | +500+0.4% | Added |
| Glenmede Trust Co NA | 115,368 | $13.7M | 0.07% | −5,048−4.2% | Reduced |
| Erste Asset Management GmbH | 117,563 | $13.1M | 0.12% | −229,628−66.1% | Reduced |
| AIA Group Ltd | 110,456 | $13.1M | 0.19% | −22,249−16.8% | Reduced |
| Tocqueville Asset Management L.P. | 109,740 | $13.0M | 0.19% | −1,450−1.3% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 108,394 | $12.9M | 0.01% | +1,172+1.1% | Added |
| O'Shaughnessy Asset Management, LLC | 105,792 | $12.5M | 0.06% | −105,276−49.9% | Reduced |
| Tower Research Capital LLC (TRC) | 105,673 | $12.5M | 0.33% | +43,957+71.2% | Added |
| Rafferty Asset Management, LLC | 104,782 | $12.4M | 0.05% | +24,012+29.7% | Added |
| Public Employees Retirement System of Ohio | 104,766 | $12.4M | 0.04% | −110,816−51.4% | Reduced |
| Kestra Advisory Services, LLC | 103,926 | $12.3M | 0.05% | +7,013+7.2% | Added |
| Voleon Capital Management LP | 103,658 | $12.3M | 0.27% | +49,174+90.3% | Added |
| Capital Group Private Client Services, Inc. | 102,992 | $12.2M | 0.21% | +19,846+23.9% | Added |