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SHOP — SHOPIFY INC

Reported value held$52.19B
Funds holding (latest)66
SectorTechnology

Index member: Invesco QQQ Trust

Funds holding (Q2 2026)47
Institutional value$42.89B · 399.21M sh
New / Add / Cut / Exit1 / 27 / 18 / 3
Top-5 / Top-10 concentration45.7% / 65.4%
Institutional holdings change Accumulating +13.7% (+48.21M sh)
Institutional value change Up +10.7%

As of Q2 2026, 47 SEC-registered investment managers reported holding SHOP (SHOPIFY INC) in their latest 13F filings, with a combined reported value of $42.89B across 399.21M shares. That is +13.7% by share count (+48.21M shares) versus the previous quarter, while reported value moved +10.7%. Ownership is concentrated: the five largest holders account for 45.7% of reported value and the top ten for 65.4%.

Compared with the prior quarter, 1 opened new positions, 27 added to existing stakes, 18 trimmed, 3 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.

SHOP is a constituent of the Invesco QQQ Trust and is classified in the Technology sector.

All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.

FundQuarterSharesValuePortfolio WeightChange
Vanguard Group history Q4 2025 50.67M $8.16B 0.12% Add
Fidelity Management & Research (FMR) history Q2 2026 47.18M $5.39B 0.26% Add
Invesco Ltd history Q2 2026 36.57M $4.18B 0.35% Add
Capital World Investors history Q2 2026 34.09M $3.89B 0.49% Add
Baillie Gifford & Co history Q2 2026 28.40M $3.24B 2.94% Reduce
Morgan Stanley history Q2 2026 25.52M $2.91B 0.16% Add
Fidelity International (FIL) history Q2 2026 19.28M $2.21B 1.59% Add
Norges Bank Investment Management history Q2 2026 16.41M $1.87B 0.19% Add
Geode Capital Management history Q2 2026 14.34M $1.67B 0.09% Add
Wellington Management Group history Q2 2026 11.85M $1.35B 0.25% Add
Bank of America Corp history Q2 2026 11.44M $1.31B 0.09% Add
Baron Funds history Q2 2026 11.16M $1.27B 3.06% Add
Goldman Sachs Group history Q2 2026 10.69M $1.22B 0.11% Add
Citadel Advisors history Q2 2026 9.09M $1.04B 0.12% Add
CPP Investments history Q2 2026 8.93M $1.02B 0.56% Add
Manulife Financial history Q2 2026 8.03M $916.48M 0.74% Reduce
Capital Research Global Investors history Q2 2026 7.49M $855.40M 0.13% Reduce
Franklin Resources history Q2 2026 6.89M $787.41M 0.18% Reduce
MFS Investment Management history Q2 2026 5.95M $755.43M 0.25% Reduce
Legal & General Investment Management America history Q2 2026 6.16M $704.83M 0.15% Reduce

View all 66 fund holders →

New Positions (Q2 2026)

Fully Exited (vs previous quarter)

Fund Position History — shares by quarter (top 20 funds)

FundQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Fidelity Management & Research (FMR) 7.55M 7.55M 7.55M 6.45M 6.45M 15.45M 15.95M 15.95M 15.95M 36.48M 33.88M 36.44M 42.31M 43.73M 49.24M 45.20M 46.44M 48.00M 45.83M 47.18M
Invesco Ltd 41.85M 39.16M 39.16M 49.12M 49.62M 959.46K 47.35M 53.85M 53.85M 49.85M 38.35M 38.35M 36.86M 36.88M 36.86M 36.86M 12.77M 14.03M 10.65M 36.57M
Capital World Investors 4.40M 4.49M 3.09M 23.46M 21.78M 27.42M 29.58M 28.22M 30.64M 39.42M 49.76M 48.71M 52.61M 53.10M 52.10M 57.98M 53.61M 47.82M 33.70M 34.09M
Baillie Gifford & Co 5.49M 5.45M 5.37M 57.05M 64.51M 72.45M 71.12M 65.55M 62.75M 64.16M 61.39M 55.24M 63.37M 59.78M 55.88M 37.75M 35.44M 31.21M 29.02M 28.40M
Morgan Stanley 13.26M 8.24M 9.55M 10.43M 6.52M 7.65M 11.27M 7.23M 6.75M 5.63M 15.23M 7.24M 6.64M 2.71M 2.47M 2.48M 3.46M 26.45M 24.70M 25.52M
Fidelity International (FIL) 1.04M 1.04M 518.25K 2.47M 1.96M 7.22M 11.82M 15.24M 13.06M 13.30M 13.47M 9.91M 14.09M 15.77M 16.96M 19.13M 19.18M 18.39M 18.23M 19.28M
Norges Bank Investment Management — — — — — 11.94M — — — 13.47M — 14.23M — 14.50M — 15.56M — 16.22M — 16.41M
Geode Capital Management 286.31K 306.87K 318.84K 3.30M 3.60M 3.72M 3.83M 4.09M 4.27M 4.43M 4.69M 4.92M 5.39M 7.02M 8.95M 10.73M 11.86M 12.60M 12.91M 14.34M
Wellington Management Group 332.40K 505.00K 2.86M 3.33M 1.75M 3.96M 4.08M 5.57M 5.36M 5.28M 5.30M 5.34M 4.56M 4.39M 265.00K 295.00K 338.00K 6.45M 9.07M 11.85M
Bank of America Corp 5.00M 388.65K 13.07M 14.95M 7.32M 33.00K 12.00K 4.42M 26.00K 26.00K 12.00K 1.45M 1.20M 39.00K 648.00K 2.24M 16.90M 11.48M 11.18M 11.44M
Baron Funds 152.94K 201.59K 354.15K 2.74M 3.51M 2.67M 1.84M 1.95M 2.15M 2.21M 2.20M 2.60M 2.72M 2.58M 2.52M 2.66M 2.29M 2.29M 4.72M 11.16M
Goldman Sachs Group 330.78K 411.62K 316.36K 3.49M 500.00K 500.00K 603.00K 63.00K 4.53M 6.59M 51.00K 51.00K 51.00K 4.68M 2.51M 5.63M 10.62M 14.01M 9.45M 10.69M
Citadel Advisors 2.40M 2.13M 3.31M 34.53M 23.78M 19.50M 10.72M 7.00M 9.04M 12.50M 25.04M 25.00M 2.50M 6.41M 4.90M 4.74M 6.12M 5.72M 5.35M 9.09M
CPP Investments 253.96K 245.36K 226.16K 3.48M 4.83M 5.08M 5.75M 5.51M 5.46M 5.67M 4.06M 3.99M 4.00M 4.42M 5.94M 5.28M 5.38M 8.76M 8.31M 8.93M
Manulife Financial 4.67M 468.75K 488.93K 4.92M 4.79M 4.76M 5.20M 5.98M 7.87M 8.56M 7.19M 7.73M 8.21M 73.54M 49.84M 5.49M 1.80M 7.76M 8.42M 8.03M
Capital Research Global Investors 1.42M 2.11M 3.01M 37.81M 52.63M 62.62M 61.26M 47.19M 42.83M 38.26M 33.80M 36.33M 34.60M 23.75M 23.29M 9.86M 9.51M 1.92M 11.64M 7.49M
Franklin Resources 966.24K 1.02M 1.16M 13.59M 13.25M 13.87M 14.17M 11.18M 13.00M 11.35M 11.72M 12.30M 11.85M 11.09M 10.60M 10.30M 9.44M 8.55M 8.27M 6.89M
MFS Investment Management 370.62K 372.53K — 1.97M 2.16M 1.58M 1.79M 2.23M 2.32M 2.38M 2.56M 2.52M 3.85M 4.67M 5.65M 4.56M 5.54M 5.89M 6.03M 5.95M
Legal & General Investment Management America 529.69K 520.48K 584.25K 6.17M 6.05M 5.68M 5.72M 5.82M 6.20M 8.07M 8.09M 8.23M 8.30M 5.91M 6.00M 5.93M 6.19M 6.35M 6.34M 6.16M
BlackRock Inc — — — — — — — — — — — — 4.09M 5.78M 6.27M 8.01M 8.78M 10.09M 8.89M 5.82M

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