SHOP — SHOPIFY INC
Index member: Invesco QQQ Trust
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.
| Fund | Quarter | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|---|
| 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 |
New Positions (Q2 2026)
- JPMorgan Chase & Co 96.00K sh · $10.96M
Fully Exited (vs previous quarter)
- Janus Henderson Group sold 4.09M sh · $478.89M
- Steadfast Capital Management sold 474.05K sh · $56.23M
- Moore Capital Management sold 6.83K sh · $810.41K
Fund Position History — shares by quarter (top 20 funds)
| Fund | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 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 |
▲ Bought Low (fund opened/added, stock rose ≥5% next quarter) ▼ Sold High (fund reduced, stock fell ≥5% next quarter)
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