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SHOP in the 13F filings

Shopify Inc · CUSIP 82509L107

Sector · Software and IT servicesTheme · Cloud and enterprise software· L3VLUP-definedTheme · Consumer and digital platforms· L3VLUP-definedTheme · Prepackaged software
Quarter
Q3 2026 · early filersQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023
Quarter end
31 Mar 2026
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 1 May 2026
Managers listing it
39
at least, of 95 tracked, among listed positions
Comparable managers
91
filed both Q4 2025 and Q1 2026; 27 listed it in both
Shares listed
241,531,870
combined, among listed positions
Reported value
$29.1bn
combined, at the quarter end

1 line marked †. Value as filed implies a price far from other filers'. Each counts in holders and value as filed, and is left out of the net change in shares.

AllianceBernstein LP. Values in this filing are at the previous quarter end's prices; its share count is the quarter end's.

Among the 91 comparable managers: 22 buyers (opened or added shares) and 22 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -9,732,637.

Managers listing SHOP in Q1 2026

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

39 of 39 holders

ActionFiling
Fidelity (FMR LLC)45,834,484$5.4bn0.29%Trimmed-2,168,59315 May 2026 (the filing on sec.gov)
Invesco Ltd36,379,261$4.3bn0.42%Trimmed-5,114,20912 May 2026 (the filing on sec.gov)
Capital World Investors33,696,844$4.0bn0.55%Trimmed-14,125,86113 May 2026 (the filing on sec.gov)
Baillie Gifford & Co29,021,841$3.4bn3.52%Trimmed-2,184,3918 May 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc25,016,858$3.0bn0.34%Added+1,485,43615 May 2026 (the filing on sec.gov)
AllianceBernstein LP8,813,928$1.4bn0.46%Added+2,263,58815 May 2026 (the filing on sec.gov)
Capital Research Global Investors11,641,932$1.4bn0.21%Added+9,723,99013 May 2026 (the filing on sec.gov)
Wellington Management Group LLP9,070,116$1.1bn0.20%Added+2,617,85115 May 2026 (the filing on sec.gov)
MFS Investment Management† Value as filed implies a price far from other filers'.6,031,360$789m0.27%Added+138,52714 May 2026 (the filing on sec.gov)
Polen Capital Management LLC6,306,740$748m5.17%Trimmed-895,13214 May 2026 (the filing on sec.gov)
Artisan Partners LP4,362,111$517m0.83%Trimmed-31,12913 May 2026 (the filing on sec.gov)
ARK Investment Management LLC4,177,652$496m3.85%Added+198,75412 May 2026 (the filing on sec.gov)
Janus Henderson Group Ltd4,088,788$479m0.23%Trimmed-334,62218 May 2026 (the filing on sec.gov)
Jane Street Group LLC3,497,721$415m0.05%Added+3,187,38912 May 2026 (the filing on sec.gov)
Marshall Wace LLP2,541,886$302m0.30%Added+642,16715 May 2026 (the filing on sec.gov)
Susquehanna International Group LLP2,254,053$267munder 0.1%Added+1,735,73215 May 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,454,594$173m0.10%Added+174,42515 May 2026 (the filing on sec.gov)
Neuberger Berman Group LLC1,056,314$124m0.09%Added+202,89927 Oct 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,001,408$119m0.06%Trimmed-5,073,52814 May 2026 (the filing on sec.gov)
Durable Capital Partners LP971,814$115m1.19%Trimmed-1,071,40515 May 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP950,000$113m0.39%Added+24,30313 May 2026 (the filing on sec.gov)
Steadfast Capital Management LP474,047$56m1.92%Trimmed-601,60915 May 2026 (the filing on sec.gov)
Voloridge Investment Management LLC473,885$56m0.23%Newnew15 May 2026 (the filing on sec.gov)
Citadel Advisors LLC420,473$50munder 0.1%Added+241,22115 May 2026 (the filing on sec.gov)
Man Group PLC303,851$36m0.07%Added+118,12015 May 2026 (the filing on sec.gov)
Page 1 of 2

What managers have written about SHOP

Shown because the letter names the company. A letter is commentary; it is not a record of why a position changed.

By writers not tracked in the 13F universe

Their positions are not shown: no 13F filings of theirs are tracked here.

Every letter beside its positions →

Largest increases and reductions, by shares

Q4 2025 to Q1 2026, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (3)

Exited (7)

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
21 in Q3 2024 to 35 in Q2 2026

Tracked managers listing it, at least.

0204060201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
SHOP by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20154$35mn.a.n.a.
Q3 20153$43mn.a.n.a.
Q4 20155$73mn.a.n.a.
Q1 20165$84mn.a.n.a.
Q2 20164$96mn.a.n.a.
Q3 201611$887mn.a.n.a.
Q4 20168$841mn.a.n.a.
Q1 20179$1.3bnn.a.n.a.
Q2 20179$1.8bnn.a.n.a.
Q3 201711$2.7bnn.a.n.a.
Q4 20179$2.9bnn.a.n.a.
Q1 201813$4.1bnn.a.n.a.
Q2 201810$3.9bnn.a.n.a.
Q3 201812$4.0bnn.a.n.a.
Q4 201814$3.4bnn.a.n.a.
Q1 201915$5.2bnn.a.n.a.
Q2 201917$7.4bnn.a.n.a.
Q3 201917$7.4bnn.a.n.a.
Q4 201918$10.1bnn.a.n.a.
Q1 202020$11.0bnn.a.n.a.
Q2 202030$25.5bnn.a.n.a.
Q3 202038$28.2bnn.a.n.a.
Q4 202041$30.9bnn.a.n.a.
Q1 202140$30.7bnn.a.n.a.
Q2 202139$40.4bnn.a.n.a.
Q3 202133$36.7bnn.a.n.a.
Q4 202131$37.8bnn.a.n.a.
Q1 202225$15.8bnn.a.n.a.
Q2 202220$6.2bnn.a.n.a.
Q3 202220$5.6bnn.a.n.a.
Q4 202220$8.5bnn.a.n.a.
Q1 202324$11.7bnn.a.n.a.
Q2 202331$16.4bnn.a.n.a.
Q3 202324$13.5bnn.a.n.a.
Q4 202325$21.4bn1511
Q1 202426$20.6bn1512
Q2 202423$18.8bn1411
Q3 202421$24.2bn129
Q4 202429$32.0bn189
Q1 202527$28.6bn1414
Q2 202523$30.2bn195
Q3 202528$36.9bn1414
Q4 202532$40.2bn2621
Q1 202632$29.0bn2222
Q2 202635$27.8bn2319

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

SHOP and GOOGL →SHOP and AMZN →SHOP and MSFT →Choose a stock to compare with SHOP →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own SHOP, latest filings →Back to the 13F Explorer →