Shopify Inc. Class ASHOP
13F holders, Q1 2025 (March 31)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
| Institutions | Total Value | |
|---|---|---|
| New Positions | 142 | $1.4B |
| Exits | 150 | $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.