Shopify Inc. Class ASHOP

13F holders, Q1 2025 (March 31)
1,479holders −10
142new positions
150sold out
14famous investors
$95.40avg. 13F price*

At the end of Q1 2025, 1,479 institutions reported holding Shopify Inc. Class A (SHOP) in their 13F filings, down 10 from Q4 2024. 142 opened new positions and 150 sold out. The largest holders were Baillie Gifford & Co. ($5.3B), Capital World Investors ($5.0B) and FMR LLC ($4.7B). 14 famous investors held it, including Cathie Wood (4.2% of ARK Investment Management's portfolio), Ron Baron (0.7% of Baron Capital (BAMCO)'s portfolio) and Israel Englander (0.2% of Millennium Management's portfolio).

Company
Shopify Inc. Class A
Sector
Technology
CUSIP
82509L107
Latest filing quarter
Q2 2026

History

Number of 13F holders

Total Exit/New Position Q4 2024 → Q1 2025

InstitutionsTotal Value
New Positions142$1.4B
Exits150$546.2M

All 13F filers, Q4 2024 → Q1 2025: 64,325,050 shares bought and 49,800,945 shares sold, net +14,524,105 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 1,479 holders

Baillie Gifford & Co. 4.66% Reduce -6.5% 55,877,748 $5.3B
Capital World Investors 0.81% Reduce -1.9% 52,101,843 $5.0B
FMR LLC 0.30% Add +12.6% 49,239,719 $4.7B
Vanguard Group Inc. 0.08% Add +1.9% 47,962,280 $4.6B
Capital International Investors 0.67% Reduce -3.3% 35,318,518 $3.4B
T. Rowe Price Associates Inc. 0.40% Reduce -18.8% 34,008,966 $3.2B
Morgan Stanley 0.21% Add +1.5% 30,040,695 $2.9B
JPMorgan Chase & Co. 0.20% Add +19.6% 28,110,871 $2.7B
Capital Research Global Investors 0.48% Reduce -1.9% 23,292,570 $2.2B
Royal Bank of Canada 0.42% Reduce -2.9% 19,545,576 $1.9B
FIL Ltd 1.53% Add +7.5% 16,956,004 $1.6B
Arrowstreet Capital, Limited Partnership 1.25% Reduce -2.2% 16,131,927 $1.5B
Polen Capital Management LLC 4.58% Reduce -10.6% 15,270,075 $1.5B
Norges Bank 0.20% Add +0.3% 14,553,802 $1.4B
Loomis Sayles & Co. L P 2.00% Reduce -1.2% 14,430,963 $1.4B
Sands Capital Management, LLC 3.95% Reduce -11.8% 12,145,821 $1.2B
Bank of Montreal 0.55% Reduce -4.8% 10,766,774 $1.0B
Franklin Resources Inc. 0.30% Reduce -4.4% 10,600,264 $1.0B
Bank of America Corp. 0.08% Add +0.2% 9,409,076 $898.4M
National Bank of Canada 1.02% Add +5.5% 9,180,345 $870.2M
Geode Capital Management, LLC 0.07% Add +27.6% 8,950,265 $856.8M
TD Asset Management Inc 0.77% Reduce -2.6% 8,809,783 $838.2M
Edgewood Management LLC 2.87% New 8,646,159 $825.5M
Mackenzie Financial Corp. 1.17% Add +19.8% 8,648,734 $822.7M
Wellington Management Group LLP 0.16% Add +64.5% 8,481,481 $808.9M
Cibc World Market Inc. 1.75% Reduce -1.4% 8,028,489 $766.6M
Artisan Partners Limited Partnership 1.21% Add +6.4% 7,802,205 $745.0M
Nuveen, LLC 0.20% — 7,007,689 $667.4M
Goldman Sachs Group Inc. 0.12% Add +92.9% 6,859,863 $655.0M
Connor, Clark & Lunn Investment Management Ltd. 2.74% Reduce -6.9% 6,602,764 $628.2M
Newlands Management Operations LLC 4.09% No change 6,325,050 $603.9M
BlackRock, Inc. 0.01% Add +8.4% 6,266,015 $598.3M
Manufacturers Life Insurance Company, The 0.56% Reduce -14.0% 6,167,782 $589.6M
Legal & General Group Plc 0.16% Add +1.6% 6,000,929 $570.9M
Canada Pension Plan Investment Board 0.55% Add +34.4% 5,943,409 $565.5M
Massachusetts Financial Services Co. 0.18% Add +21.0% 5,649,162 $539.4M
Alliancebernstein L.P. 0.19% Add +24.6% 5,554,420 $530.3M
Jennison Associates LLC 0.35% Add +324.3% 5,280,781 $504.2M
Sumitomo Mitsui Trust Group, Inc. 0.34% Reduce -0.8% 5,012,428 $478.6M
Clearbridge Investments, LLC 0.42% Reduce -14.5% 4,985,839 $476.0M
Amova Asset Management Americas, Inc. 6.13% Reduce -0.8% 4,983,349 $475.8M
ARK Investment Management 4.25% Reduce -1.4% 4,444,225 $424.3M
Durable Capital Partners LP 3.65% Add +8.2% 4,275,819 $408.3M
CIBC Asset Management Inc 1.35% Reduce -8.5% 4,283,981 $408.1M
Janus Henderson Group PLC 0.22% Reduce -0.2% 4,161,121 $402.3M
Invesco Ltd. 0.07% Add +164.8% 4,039,479 $385.7M
JARISLOWSKY, FRASER Ltd 2.39% Reduce -2.8% 3,999,810 $380.5M
Bank of Nova Scotia 0.81% Add +0.1% 3,776,820 $359.3M
Swiss National Bank 0.23% Reduce -1.9% 3,451,700 $328.6M
Scge Management, L.P. 9.32% Reduce -8.0% 3,386,000 $323.3M
Bank of New York Mellon Corp 0.06% Reduce -8.5% 3,361,164 $320.9M
HRT Financial LP 1.93% New 3,198,624 $305.4M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 1.71% Add +10.4% 2,924,549 $278.3M
Wells Fargo & Company 0.07% Add +5.8% 2,879,644 $274.9M
Ameriprise Financial Inc. 0.07% Reduce -1.9% 2,815,042 $269.9M
Sei Investments Co. 0.34% Add +9.3% 2,748,695 $262.4M
Millennium Management 0.24% Add +124.0% 2,539,108 $242.4M
Charles Schwab Investment Management Inc. 0.05% Add +1.9% 2,539,348 $241.5M
Baron Capital (BAMCO) 0.71% Reduce -2.4% 2,519,934 $240.6M
Jane Street Group, LLC 0.43% Add +476.5% 2,508,807 $239.5M
Zevenbergen Capital Investments LLC 5.62% Reduce -8.0% 2,412,839 $230.4M
Qube Research & Technologies Ltd 0.35% Add +104.7% 2,367,631 $226.0M
Winslow Capital Management, LLC 0.89% Add +3.9% 2,590,599 $222.8M
Ashe Capital Management, LP 18.66% No change 2,185,712 $208.7M
Raymond James Financial Inc. 0.08% Reduce -0.7% 2,128,354 $205.7M
Alberta Investment Management Corp 1.40% Add +0.5% 2,050,577 $195.2M
Mirova US LLC 2.31% Add +3.2% 2,034,159 $194.2M
Envestnet Asset Management Inc. 0.06% Reduce -1.9% 2,024,792 $193.3M
Deutsche Bank AG 0.07% Add +2.4% 1,974,526 $188.5M
American Century Companies Inc. 0.11% Add +31.4% 1,923,082 $183.3M
Northern Trust Corp. 0.03% Add +14.2% 1,909,712 $182.3M
Pictet Asset Management Holding SA 0.20% Reduce -13.3% 1,881,542 $179.3M
ICONIQ Capital, LLC 3.15% Add +0.0% 1,858,674 $177.5M
Mufg Securities (canada), LTD. 6.15% Add +0.1% 1,854,543 $176.4M
Toronto Dominion Bank 0.45% Reduce -31.5% 1,841,646 $175.2M
1832 Asset Management L.P. 0.33% Reduce -6.3% 1,802,230 $172.1M
Strategy Capital LLC 15.68% Reduce -4.6% 1,751,328 $167.2M
Barton Investment Management 20.27% Reduce -7.7% 1,728,376 $165.0M
Federation des caisses Desjardins du Quebec 0.79% Add +7.3% 1,672,448 $158.8M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% Reduce -26.1% 1,648,853 $157.4M
Marshall Wace, LLP 0.20% Reduce -15.9% 1,573,375 $150.2M
Gilder Gagnon Howe & Co. LLC 1.90% Add +1.2% 1,521,462 $145.3M
Natixis Advisors, LLC 0.26% Reduce -4.1% 1,499,227 $143.1M
UBS Group AG 0.03% Reduce -18.8% 1,483,356 $141.6M
Russell Investments Group, Ltd. 0.19% Add +2.9% 1,480,439 $141.4M
Rathbones Group PLC 0.68% Add +64.8% 1,472,149 $140.6M
Federated Hermes, Inc. 0.30% Reduce -3.4% 1,447,767 $140.0M
Lord, Abbett & Co. LLC 0.51% Reduce -13.6% 1,426,562 $136.1M
Polar Capital Holdings Plc 0.83% Reduce -43.7% 1,413,899 $135.0M
Amundi 0.05% Reduce -16.9% 1,620,689 $133.4M
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.36% Reduce -10.5% 1,395,235 $133.2M
Caisse de depot et placement du Quebec 0.27% Reduce -16.6% 1,340,230 $127.5M
Macquarie Group Ltd. 0.15% Add +10.7% 1,202,142 $119.8M
Public Investment Fund 0.61% No change 1,250,000 $119.3M
TCW Group Inc. 1.05% Reduce -0.5% 1,233,469 $117.7M
Select Equity Group, L.P. 0.50% Reduce -67.2% 1,166,979 $111.4M
LPL Financial LLC 0.04% Add +6.8% 1,162,830 $111.0M
Addenda Capital Inc. 4.04% Reduce -8.2% 798,607 $109.3M
Ensign Peak Advisors, Inc 0.21% Add +5.0% 1,129,581 $107.7M
Citigroup Inc. 0.08% Add +42.9% 1,132,482 $107.7M

"% of holder's portfolio" is SHOP's weight in each manager's 13F, not the share of Shopify Inc. Class A the manager owns.

Show all 1,479 holders