Shopify Inc. Class ASHOP

13F holders, Q3 2025 (September 30)
1,719holders +164
254new positions
79sold out
10famous investors
$148.73avg. 13F price*

At the end of Q3 2025, 1,719 institutions reported holding Shopify Inc. Class A (SHOP) in their 13F filings, up 164 from Q2 2025. 254 opened new positions and 79 sold out. The largest holders were Capital World Investors ($8.0B), Vanguard Group Inc. ($7.4B) and FMR LLC ($6.9B). 10 famous investors held it, including Cathie Wood (4.3% of ARK Investment Management's portfolio), Alex Sacerdote (1.3% of Whale Rock Capital Management's portfolio) and Ron Baron (0.9% of Baron Capital (BAMCO)'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 Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions254$893.6M
Exits79$152.0M

All 13F filers, Q2 2025 → Q3 2025: 47,442,226 shares bought and 46,497,923 shares sold, net +944,303 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 1,719 holders

Capital World Investors 1.09% Reduce -7.5% 53,612,596 $8.0B
Vanguard Group Inc. 0.11% Add +1.2% 49,926,824 $7.4B
FMR LLC 0.36% Add +2.7% 46,435,115 $6.9B
Capital International Investors 0.93% Reduce -3.6% 38,612,671 $5.7B
Baillie Gifford & Co. 3.90% Reduce -6.1% 35,443,787 $5.3B
JPMorgan Chase & Co. 0.32% Add +18.9% 33,945,857 $5.0B
Morgan Stanley 0.26% Reduce -0.2% 29,284,562 $4.4B
T. Rowe Price Associates Inc. 0.42% Reduce -16.6% 26,433,139 $3.9B
Royal Bank of Canada 0.59% Add +5.4% 22,416,270 $3.3B
FIL Ltd 2.24% Add +0.3% 19,175,536 $2.8B
Jennison Associates LLC 1.64% Add +64.3% 18,923,431 $2.8B
Loomis Sayles & Co. L P 2.62% Add +1.3% 14,810,603 $2.2B
Bank of Montreal 0.87% Add +20.4% 13,647,796 $2.0B
Invesco Ltd. 0.30% Add +28.2% 12,774,119 $1.9B
Geode Capital Management, LLC 0.11% Add +10.6% 11,863,584 $1.8B
Polen Capital Management LLC 5.34% Reduce -24.7% 11,060,906 $1.6B
Bank of America Corp. 0.12% Reduce -3.9% 11,020,264 $1.6B
Goldman Sachs Group Inc. 0.21% Add +7.2% 9,985,807 $1.5B
National Bank of Canada 1.65% Reduce -5.8% 9,845,580 $1.5B
Capital Research Global Investors 0.27% Reduce -3.5% 9,512,437 $1.4B
Franklin Resources Inc. 0.35% Reduce -8.4% 9,438,528 $1.4B
Mackenzie Financial Corp. 1.64% Reduce -1.7% 9,133,454 $1.4B
BlackRock, Inc. 0.02% Add +9.7% 8,783,801 $1.3B
Edgewood Management LLC 4.60% Reduce -8.7% 8,727,511 $1.3B
TD Asset Management Inc 1.03% Add +1.4% 8,528,510 $1.3B
Arrowstreet Capital, Limited Partnership 0.78% Reduce -30.1% 8,312,352 $1.2B
Manufacturers Life Insurance Company, The 1.00% Add +47.7% 8,108,074 $1.2B
Wellington Management Group LLP 0.21% Reduce -15.6% 8,070,517 $1.2B
Cibc World Market Inc. 2.27% Add +0.2% 7,384,970 $1.1B
Nuveen, LLC 0.28% Reduce -20.1% 7,126,085 $1.1B
Sands Capital Management, LLC 2.84% Reduce -7.4% 6,937,271 $1.0B
Artisan Partners Limited Partnership 1.47% Reduce -6.3% 6,881,474 $1.0B
Connor, Clark & Lunn Investment Management Ltd. 3.08% Add +3.4% 6,588,934 $978.7M
Newlands Management Operations LLC 4.46% No change 6,325,050 $940.0M
Legal & General Group Plc 0.21% Add +4.4% 6,188,885 $919.7M
Massachusetts Financial Services Co. 0.26% Add +21.3% 5,536,825 $822.8M
Canada Pension Plan Investment Board 0.56% Add +1.9% 5,383,374 $799.6M
Alliancebernstein L.P. 0.25% Reduce -2.2% 5,379,385 $799.4M
Janus Henderson Group PLC 0.34% Add +2.5% 5,041,453 $749.2M
JARISLOWSKY, FRASER Ltd 3.97% Reduce -4.4% 4,861,383 $722.4M
ARK Investment Management 4.26% Reduce -4.6% 4,815,833 $715.7M
Bank of Nova Scotia 1.21% Add +24.9% 4,574,057 $679.7M
Durable Capital Partners LP 5.00% No change 4,543,835 $675.3M
CIBC Asset Management Inc 1.88% Add +2.6% 4,360,113 $648.9M
Clearbridge Investments, LLC 0.49% Reduce -15.7% 4,354,811 $647.2M
Sumitomo Mitsui Trust Group, Inc. 0.36% Reduce -20.2% 4,175,583 $620.5M
Amova Asset Management Americas, Inc. 5.71% Reduce -20.9% 3,968,593 $589.7M
Swiss National Bank 0.30% Reduce -5.1% 3,510,500 $521.8M
Bank of New York Mellon Corp 0.09% Reduce -7.8% 3,476,805 $516.7M
1832 Asset Management L.P. 0.87% Add +10.7% 3,440,108 $511.2M
Wells Fargo & Company 0.10% Add +2.9% 3,412,417 $507.1M
Amundi 0.16% Add +12.7% 2,948,305 $485.0M
Winslow Capital Management, LLC 1.60% Add +25.9% 3,257,696 $484.1M
Deutsche Bank AG 0.16% Add +9.1% 3,118,388 $463.4M
Mirova US LLC 4.33% Reduce -4.7% 2,882,479 $428.4M
Sei Investments Co. 0.43% Add +3.4% 2,674,370 $397.4M
Charles Schwab Investment Management Inc. 0.06% Reduce -1.1% 2,594,730 $385.6M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 2.08% Add +8.2% 2,450,287 $363.9M
UBS Group AG 0.07% Reduce -1.4% 2,396,664 $356.2M
Toronto Dominion Bank 0.68% Add +20.6% 2,349,656 $349.0M
Gilder Gagnon Howe & Co. LLC 3.50% Reduce -3.2% 2,314,457 $344.0M
Raymond James Financial Inc. 0.11% Add +2.8% 2,311,750 $343.5M
Baron Capital (BAMCO) 0.90% Reduce -14.2% 2,285,499 $339.6M
Ameriprise Financial Inc. 0.08% Reduce -20.0% 2,202,211 $328.8M
Select Equity Group, L.P. 1.41% Reduce -1.6% 2,210,771 $328.5M
Ashe Capital Management, LP 22.90% No change 2,185,712 $324.8M
Brown Advisory Inc. 0.42% Add +4.4% 2,158,080 $320.7M
Zevenbergen Capital Investments LLC 5.93% Reduce -11.2% 2,051,940 $304.9M
Mufg Securities (canada), LTD. 8.39% Reduce -2.2% 2,019,572 $300.0M
American Century Companies Inc. 0.15% Reduce -6.2% 1,997,153 $296.8M
Federation des caisses Desjardins du Quebec 1.16% Reduce -1.5% 1,987,328 $294.5M
Envestnet Asset Management Inc. 0.08% Reduce -7.4% 1,937,210 $287.9M
Strategy Capital LLC 17.95% Reduce -0.3% 1,825,243 $271.2M
Barclays PLC 0.10% Add +10.0% 1,769,734 $263.0M
Picton Mahoney Asset Management 3.30% Reduce -1.6% 1,731,048 $257.1M
Barton Investment Management 25.50% Reduce -1.9% 1,684,789 $250.4M
ICONIQ Capital, LLC 3.08% Reduce -0.5% 1,667,602 $247.8M
Citigroup Inc. 0.17% Add +10.6% 1,665,976 $247.6M
Russell Investments Group, Ltd. 0.26% Reduce -1.9% 1,545,732 $229.8M
Pictet Asset Management Holding SA 0.22% Reduce -3.2% 1,529,932 $227.4M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.36% Add +8.3% 1,510,753 $224.5M
Natixis Advisors, LLC 0.32% Add +3.2% 1,479,047 $219.8M
Rathbones Group PLC 0.89% Reduce -6.3% 1,478,608 $219.7M
Northern Trust Corp. 0.03% Reduce -10.9% 1,469,831 $218.4M
Healthcare of Ontario Pension Plan Trust Fund 0.40% Add +240.3% 1,425,798 $211.9M
Federated Hermes, Inc. 0.37% Reduce -1.3% 1,425,096 $211.8M
Lord, Abbett & Co. LLC 0.64% Add +4.1% 1,377,812 $204.8M
Caisse de depot et placement du Quebec 0.36% Reduce -0.9% 1,340,070 $199.1M
LPL Financial LLC 0.06% Add +5.6% 1,332,140 $198.0M
ProShare Advisors LLC 0.41% Reduce -20.3% 1,322,439 $196.5M
CANADA LIFE ASSURANCE Co 0.27% Add +18.1% 1,290,887 $192.0M
Castle Hook Partners LP 2.77% Add +1.0% 1,231,484 $183.0M
First Trust Advisors LP 0.13% Reduce -23.8% 1,185,345 $176.1M
Rockefeller Capital Management L.P. 0.33% Add +1.0% 1,139,712 $169.4M
Scotia Capital Inc. 0.72% Add +1.9% 1,136,539 $168.4M
TCW Group Inc. 1.37% Reduce -10.4% 1,103,166 $163.9M
Polar Capital Holdings Plc 0.79% Reduce -31.8% 1,100,026 $163.5M
Macquarie Group Ltd. 0.19% Reduce -10.8% 1,083,725 $161.1M
Foxhaven Asset Management, LP 3.91% Reduce -22.3% 1,051,834 $156.3M
Axiom Investors LLC 1.12% Add +36.3% 1,021,941 $151.9M

"% 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 1,719 holders