Shopify Inc. Class ASHOP
13F holders, Q3 2025 (September 30)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
| Institutions | Total Value | |
|---|---|---|
| New Positions | 254 | $893.6M |
| Exits | 79 | $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.