Strategy Inc. (mstr 8 Perp)Preferred / convertible

13F holders, Q3 2025 (September 30)
92holders +8
24new positions
14sold out
1famous investor
$91.28avg. 13F price*

At the end of Q3 2025, 92 institutions reported holding Strategy Inc. (mstr 8 Perp) in their 13F filings, up 8 from Q2 2025. 24 opened new positions and 14 sold out. The largest holders were Capital International Investors ($191.1M), BlackRock, Inc. ($93.7M) and Capital World Investors ($58.3M). One famous investor held it Israel Englander ( of Millennium Management's portfolio).

Company
Strategy Inc. (mstr 8 Perp)
CUSIP
594972887
Latest filing quarter
Q2 2026

History

Number of 13F holders

020406080100 Q1 2025: 54Q1 2025Q2 2025: 84Q2 2025Q3 2025: 92Q3 2025Q4 2025: 85Q4 2025Q1 2026: 92Q1 2026Q2 2026: 84Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions24$59.6M
Exits14$2.8M

All 13F filers, Q2 2025 → Q3 2025: 1,144,778 shares bought and 1,172,346 shares sold, net −27,568 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 92 holders

Capital International Investors — Add +0.4% 2,083,600 $191.1M
BlackRock, Inc. — Add +12.8% 1,021,548 $93.7M
Capital World Investors — Add +21.5% 636,284 $58.3M
Voya Investment Management LLC — No change 625,000 $57.3M
FMR LLC — Reduce -72.4% 397,816 $36.5M
Van Eck Associates Corp. — Add +9.2% 390,105 $35.8M
LPL Financial LLC — Add +17.6% 248,912 $22.8M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. — New 241,692 $22.2M
Hudson Bay Capital Management LP — Reduce -1.5% 212,231 $19.4M
State Street Corp. — Add +18.5% 173,000 $16.1M
Calamos Advisors LLC — New 150,000 $13.8M
Alpine Global Management, LLC — New 129,238 $11.6M
Advent Capital Management — Add +134.2% 93,238 $8.5M
Aspiring Ventures, LLC — Add +7.1% 72,525 $6.7M
Invesco Ltd. — No change 71,000 $6.5M
Morgan Stanley — Add +4.5% 67,134 $6.2M
Hartline Investment Corp./ — Reduce -9.8% 62,813 $5.8M
ParaFi Capital LP — New 61,500 $5.6M
Stifel Financial Corp. — Add +67.0% 54,008 $5.0M
Ionic Capital Management LLC — Add +50.9% 42,209 $3.9M
Greenland Capital Management LP — No change 40,000 $3.7M
Commonwealth Equity Services, LLC — Add +54.2% 34,694 $3.2M
National Bank of Canada — Add +220.8% 23,759 $2.2M
Uniplan Investment Counsel, Inc. — New 22,814 $2.1M
CRCM LP — No change 22,784 $2.1M
MADDEN SECURITIES Corp — Reduce -53.9% 19,800 $1.8M
Steward Partners Investment Advisory, LLC — Add +0.6% 19,335 $1.8M
Deutsche Bank AG — New 18,313 $1.7M
Cambridge Investment Research Advisors, Inc. — Reduce -42.4% 17,819 $1.6M
Wells Fargo & Company — Reduce -65.2% 17,497 $1.6M
Apollon Wealth Management, LLC — Add +48.7% 17,250 $1.6M
Wedbush Securities Inc. — Add +31.6% 14,270 $1.3M
Wealthcare Advisory Partners LLC — Add +12.7% 14,093 $1.3M
Independent Financial Group, LLC — Reduce -13.0% 13,233 $1.2M
StoneX Group Inc. — Add +3.9% 10,540 $967K
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) — Reduce -52.5% 9,500 $872K
Ewing Morris & Co. Investment Partners Ltd. — Add +3.8% 9,241 $847K
Wolverine Asset Management LLC — Reduce -5.0% 8,716 $799K
Oak Grove Capital LLC — Reduce -47.3% 8,700 $798K
Palisade Capital Management, LP — Reduce -9.8% 8,250 $745K
Tidal Investments LLC — Add +7.5% 7,543 $692K
HighTower Advisors, LLC — Add +84.2% 6,575 $603K
Kestra Advisory Services, LLC — Add +248.2% 6,494 $596K
Beaird Harris Wealth Management, LLC — Add +1.4% 6,336 $581K
Wealth Enhancement Advisory Services, LLC — Add +183.2% 5,897 $567K
Left Brain Wealth Management, LLC — New 6,075 $557K
Oppenheimer & Co. Inc. — Reduce -20.8% 5,555 $509K
Independent Advisor Alliance — Add +194.7% 5,537 $508K
Neuberger Berman Group LLC — No change 5,000 $459K
Kestra Private Wealth Services, LLC — Reduce -33.2% 4,922 $451K
Osaic Holdings, Inc. — Add +21.3% 4,873 $449K
Envestnet Asset Management Inc. — New 4,601 $422K
Ulland Investment Advisors, LLC — No change 4,075 $374K
Marex Group Ltd — New 3,675 $337K
Bank of America Corp. — Add +16.9% 3,450 $316K
Ssi Investment Management LLC — Reduce -0.9% 3,445 $309K
HRT Financial LP — New 3,236 $296K
Sovran Advisors, LLC — New 3,415 $284K
Key Client Fiduciary Advisors, LLC — Add +0.8% 2,967 $272K
Harbour Investments, Inc. — Add +46.9% 2,959 $271K
Avantax Planning Partners, Inc. — No change 2,953 $271K
Captrust Financial Advisors — New 2,855 $262K
Calamos Wealth Management LLC — New 2,800 $257K
Fiduciary Alliance LLC — Add +25.8% 2,800 $257K
Venture Visionary Partners LLC — Add +27.5% 2,550 $234K
Aptus Capital Advisors, LLC — Add +7.0% 1,257 $115K
Comerica Bank — Add +175.3% 1,101 $101K
Toronto Dominion Bank — No change 1,000 $91K
Ascentis Wealth Management, LLC — New 938 $86K
UBS Group AG — Add +40.5% 913 $84K
Cwm, LLC — Add +87.9% 883 $81K
Moisand Fitzgerald Tamayo, LLC — Add +2.2% 657 $60K
Fifth Third Bancorp — New 630 $58K
Global Retirement Partners, LLC — New 500 $46K
Costello Asset Management, INC — No change 500 $46K
Vision Financial Markets LLC — Add +2.2% 365 $33K
Millennium Management — No change 32,600 $29K
Truvestments Capital LLC — No change 300 $28K
Golden State Wealth Management, LLC — Add +71.2% 267 $24K
Allworth Financial LP — No change 227 $21K
Farther Finance Advisors, LLC — Reduce -34.5% 205 $19K
Activest Wealth Management — New 205 $19K
NewEdge Advisors, LLC — New 200 $18K
PNC Financial Services Group, Inc. — No change 200 $18K
Physician Wealth Advisors, Inc. — New 157 $14K
Atlantic Union Bankshares Corp — No change 115 $11K
Advisory Services Network, LLC — New 100 $9K
Bank of Montreal — New 50 $5K
Sound Income Strategies, LLC — New 29 $3K
Legacy Wealth Managment, LLC — No change 22 $2K
TD Private Client Wealth LLC — New 14 $1K
Strategic Advocates LLC — New 4 $367

"% of holder's portfolio" is STRATEGY INC (MSTR 8 PERP)'s weight in each manager's 13F, not the share of Strategy Inc. (mstr 8 Perp) the manager owns.