13F

Stock

Shopify Inc.

SHOP · held by 1,882 managers

Reported value

$128.3B

Holders

1,882

+11 new · −10 exited

Holders’ est. mark

$3.24B

Price effect on 12 books still in the name

Largest holder

$8.16B

Vanguard

Notable conviction

Share of each notable manager’s 13F book.

Holder count by quarter

Who holds it

Notable only
InvestorSharesValueEst. markChange
Vanguard50.7M$8.16BHeld
Fidelity48M$7.73BHeld
Capital World Investors47.8M$7.7BHeld
Capital International Investors38.3M$6.17BHeld
JPMORGAN CHASE & CO33.4M$5.38BHeld
BAILLIE GIFFORD & CO31.2M$5.02BHeld
MORGAN STANLEY26.5M$4.26B$739MCut−$97.4M
ROYAL BANK OF CANADA19.7M$3.18BHeld
JENNISON ASSOCIATES LLC19M$3.05BHeld
FIL Ltd18.4M$2.96BHeld
NORGES BANK16.2M$2.61B$953.6MAdded$1.22B
LOOMIS SAYLES & CO L P14.5M$2.33BHeld
Invesco Ltd.14M$2.26BHeld
GOLDMAN SACHS GROUP INC13.2M$2.12BHeld
GEODE CAPITAL MANAGEMENT, LLC12.6M$2.04BHeld
BANK OF MONTREAL /CAN/12.1M$1.95BHeld
BANK OF AMERICA CORP /DE/11.5M$1.85B$1.17BAdded$192.7M
MACKENZIE FINANCIAL CORP9.96M$1.63BHeld
BlackRock, Inc.10.1M$1.62BHeld
SANDS CAPITAL MANAGEMENT, LLC9.51M$1.53BHeld
NATIONAL BANK OF CANADA /FI/9.42M$1.51BHeld
CANADA PENSION PLAN INVESTMENT BOARD8.76M$1.41BHeld
CIBC WORLD MARKET INC.8.73M$1.41BHeld
TD Asset Management Inc8.71M$1.4BHeld
FRANKLIN RESOURCES INC8.54M$1.38BHeld
1832 Asset Management L.P.7.81M$1.26BHeld
MANUFACTURERS LIFE INSURANCE COMPANY, THE7.76M$1.25BHeld
POLEN CAPITAL MANAGEMENT LLC7.2M$1.16BHeld
WCM INVESTMENT MANAGEMENT, LLC6.7M$1.1BHeld
ALLIANCEBERNSTEIN L.P.6.55M$1.05BHeld
WELLINGTON MANAGEMENT GROUP LLP6.45M$1.04BHeld
Legal & General Group Plc6.35M$1.02BHeld
Newlands Management Operations LLC6.33M$1.02BHeld
Connor, Clark & Lunn Investment Management Ltd.6.2M$998.7MHeld
EDGEWOOD MANAGEMENT LLC6.2M$997.9MHeld
Nuveen, LLC6.1M$983MHeld
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP6.07M$978MHeld
MASSACHUSETTS FINANCIAL SERVICES CO /MA/5.89M$948.6MHeld
Artisan Partners Limited Partnership4.39M$707.2MHeld
JANUS HENDERSON GROUP PLC4.42M$704.4MHeld
CIBC Asset Management Inc4.28M$691.4MHeld
Clearbridge Investments, LLC4.17M$670.8MHeld
ARK Investment Management LLC3.98M$640.5MHeld
Sumitomo Mitsui Trust Group, Inc.3.53M$568.7MHeld
DEUTSCHE BANK AG\3.4M$546.5MHeld
WELLS FARGO & COMPANY/MN3.39M$544.9MHeld
Bank of New York Mellon Corp3.34M$537MHeld
Amova Asset Management Americas, Inc.3.29M$529.8MHeld
Swiss National Bank3.24M$522.6MHeld
TORONTO DOMINION BANK3.21M$517MHeld
Amundi3.12M$501.6MHeld
Winslow Capital Management, LLC2.96M$477.6MHeld
UBS Group AG2.83M$455.1MHeld
Mirova US LLC2.79M$448.5MHeld
CHARLES SCHWAB INVESTMENT MANAGEMENT INC2.62M$423.2MHeld
BANK OF NOVA SCOTIA2.57M$414.5MHeld
SEI INVESTMENTS CO2.52M$404.8MHeld
ICONIQ Capital, LLC2.46M$395.4MHeld
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main2.34M$376.5M$330.5MAdded$144.4M
BAMCO INC /NY/2.29M$368.3MHeld
Federation des caisses Desjardins du Quebec2.27M$365.1MHeld
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp2.26M$363.5MHeld
RAYMOND JAMES FINANCIAL INC2.24M$359.9MHeld
GILDER GAGNON HOWE & CO LLC2.18M$350.7MHeld
AMERIPRISE FINANCIAL INC2.12M$343.4MHeld
Durable Capital Partners LP2.04M$328.9MHeld
Castle Hook Partners LP1.98M$318.7MHeld
PICTON MAHONEY ASSET MANAGEMENT1.93M$311.7MHeld
Capital Research Global Investors1.92M$308.7MHeld
MARSHALL WACE, LLP1.9M$305.8MHeld
ProShare Advisors LLC1.9M$305.8MHeld
MUFG SECURITIES (CANADA), LTD.1.86M$299.9MHeld
ENVESTNET ASSET MANAGEMENT INC1.85M$297.7MHeld
NORTHERN TRUST CORP1.77M$285.5MHeld
Ashe Capital Management, LP1.75M$281.7MHeld
BARCLAYS PLC1.75M$281.6M$21.6MAdded$18.6M
BROWN ADVISORY INC1.74M$280.8MHeld
Polar Capital Holdings Plc1.68M$270.2MHeld
ZEVENBERGEN CAPITAL INVESTMENTS LLC1.67M$269.6MHeld
Barton Investment Management1.64M$264.1MHeld
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1.64M$263.5MHeld
Strategy Capital LLC1.64M$263.3MHeld
Russell Investments Group, Ltd.1.54M$249.3MHeld
Caisse de depot et placement du Quebec1.41M$227.6MHeld
Rathbones Group PLC1.4M$225.6MHeld
VOYA INVESTMENT MANAGEMENT LLC1.39M$224.1MHeld
LPL Financial LLC1.38M$221.5MHeld
Pictet Asset Management Holding SA1.36M$219.8MHeld
CITIGROUP INC1.34M$215.5MHeld
FEDERATED HERMES, INC.1.33M$214.8MHeld
D. E. Shaw & Co., Inc.1.28M$206.1MHeld
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND1.22M$195.6MHeld
SCOTIA CAPITAL INC.1.16M$186.7MHeld
AXIOM INVESTORS LLC /DE1.1M$176.8MHeld
STEADFAST CAPITAL MANAGEMENT LP1.08M$173.1MHeld
AMERICAN CENTURY COMPANIES INC1.07M$172.5MHeld
BNP PARIBAS FINANCIAL MARKETS1.03M$166MHeld
AVIVA PLC1.02M$164.9MHeld
Rockefeller Capital Management L.P.992K$159.7MHeld
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.987.8K$159MHeld
FIRST TRUST ADVISORS LP980.6K$157.9MHeld
Korea Investment CORP945.4K$152.4MHeld
Addenda Capital Inc.683.4K$151MHeld
Hudson Bay Capital Management LP925.7K$149M$826.1KAdded$139.1M
CIBC Private Wealth Group LLC913.5K$147MHeld
NEUBERGER BERMAN GROUP LLC853.4K$137.4MHeld
TCW GROUP INC838.6K$135MHeld
MUFG Securities EMEA plc820K$132.1MHeld
State Street819.5K$131.9MHeld
CONGRESS ASSET MANAGEMENT CO802.3K$129.1MHeld
SCHRODER INVESTMENT MANAGEMENT GROUP779.8K$127.7MHeld
Allspring Global Investments Holdings, LLC793.7K$124.8MHeld
DIMENSIONAL FUND ADVISORS LP755.2K$121.6MHeld
SUSQUEHANNA ADVISORS GROUP, INC.738.3K$118.8MHeld
Holocene Advisors, LP732.1K$117.8MHeld
State of Tennessee, Department of Treasury863.2K$113.8MHeld
CAPITAL INTERNATIONAL SARL695K$111.9MHeld
Allen Investment Management, LLC687K$110.5MHeld
Assenagon Asset Management S.A.677.5K$109.1MHeld
BLAIR WILLIAM & CO/IL610.7K$98.3MHeld
APG Asset Management N.V.713.5K$97.8MHeld
Select Equity Group, L.P.598.6K$96.4MHeld
PUBLIC SECTOR PENSION INVESTMENT BOARD593.6K$95.6MHeld
Robeco Institutional Asset Management B.V.588.7K$94.8MHeld
Alberta Investment Management Corp588.1K$94.7M$3.92MAdded$48M
Capital International, Inc./CA/588.1K$94.7MHeld
FRED ALGER MANAGEMENT, LLC588K$94.7MHeld
Altimeter Capital Management, LP570.2K$91.8MHeld
VICTORY CAPITAL MANAGEMENT INC555.7K$89.5MHeld
AustralianSuper Pty Ltd555.3K$89.4MHeld
Zurcher Kantonalbank (Zurich Cantonalbank)546.3K$87.9MHeld
Stony Point Capital LLC541.3K$87.1MHeld
STRS OHIO533.3K$85.9MHeld
Mirae Asset Global Investments Co., Ltd.526.1K$84.7MHeld
SUSQUEHANNA INTERNATIONAL GROUP, LLP518.3K$83.4MHeld
CI INVESTMENTS INC.518.1K$83.4MHeld
ROYAL LONDON ASSET MANAGEMENT LTD513.8K$82.7MHeld
TD Waterhouse Canada Inc.514.3K$82.7MHeld
NEOS Investment Management LLC497.6K$80.1MHeld
Hillsdale Investment Management Inc.479.4K$77.3MHeld
OSAIC HOLDINGS, INC.480.4K$77.3MHeld
STATE OF WISCONSIN INVESTMENT BOARD439.8K$70.9MHeld
Allianz Asset Management GmbH431.9K$69.6MHeld
AEGON ASSET MANAGEMENT UK Plc430.6K$69.3M$14.9MAdded$32M
Ensign Peak Advisors, Inc429.3K$69.1MHeld
Privium Fund Management B.V.410K$66MHeld
Creative Planning409.4K$65.9MHeld
Zurich Insurance Group Ltd/FI409.2K$65.9MHeld
STIFEL FINANCIAL CORP407.4K$65.6MHeld
Munro Partners392.9K$63.3MHeld
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC391.2K$63MHeld
CAPITAL INTERNATIONAL LTD /CA/388.2K$62.5MHeld
Mitsubishi UFJ Trust & Banking Corp385.7K$62MHeld
TRUIST FINANCIAL CORP381.3K$61.4MHeld
HSBC HOLDINGS PLC378.5K$61.2MHeld
NZS Capital, LLC379.3K$61.1MHeld
Altshuler Shaham Ltd377.6K$60.8MHeld
Erste Asset Management GmbH347.2K$58.3MHeld
Quadrature Capital Ltd357.7K$57.7MHeld
SurgoCap Partners LP348.1K$56MHeld
Advisors Asset Management, Inc.346.3K$55.7MHeld
CASTLEARK MANAGEMENT LLC345.4K$55.6MHeld
Balyasny Asset Management L.P.342.8K$55.2MHeld
AMF Tjanstepension AB341K$54.9MHeld
Cetera Investment Advisers327.9K$52.8MHeld
Life Cycle Investment Partners Ltd323.1K$52MHeld
COMMONWEALTH EQUITY SERVICES, LLC322K$51.8MHeld
EQUITABLE TRUST CO318.7K$51.3MHeld
JANE STREET GROUP, LLC310.3K$50MHeld
GF FUND MANAGEMENT CO. LTD.307.7K$49.5MHeld
PRINCIPAL FINANCIAL GROUP INC291.9K$47MHeld
GUGGENHEIM CAPITAL LLC290.5K$46.8MHeld
OPPENHEIMER ASSET MANAGEMENT INC.287K$46.2MHeld
Lansforsakringar Fondforvaltning AB (publ)285.9K$46.1MHeld
HUNTINGTON NATIONAL BANK278.4K$44.8MHeld
Mariner, LLC273.2K$43.9MHeld
Cumberland Partners Ltd272.2K$43.9MHeld
FORSTA AP-FONDEN269.1K$43.4MHeld
Walleye Capital LLC267.7K$43.1MHeld
INTACT INVESTMENT MANAGEMENT INC.265.8K$42.8MHeld
Cornerstone Capital, Inc.260.8K$42MHeld
MILLENNIUM MANAGEMENT LLC260K$41.9MHeld
Union Bancaire Privee, UBP SA278.7K$41.7MHeld
Investment Management Corp of Ontario254.5K$41MHeld
Steadview Capital Management LLC252.6K$40.7MHeld
BROWN CAPITAL MANAGEMENT LLC248.1K$39.9MHeld
Northwest & Ethical Investments L.P.238.9K$38.6MHeld
OSSIAM237.6K$38.3MHeld
Liontrust Investment Partners LLP232.9K$37.5MHeld
Icahn Capital230.4K$37.1MHeld
Gavilan Investment Partners LLC230K$37MHeld
INTECH INVESTMENT MANAGEMENT LLC222.3K$35.8MHeld
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO215.6K$34.7MHeld
ASSETMARK, INC213.6K$34.4MHeld
O'SHAUGHNESSY ASSET MANAGEMENT, LLC211.1K$34MHeld
HighTower Advisors, LLC207.7K$33.4MHeld
Skandinaviska Enskilda Banken AB (publ)207.1K$33.3MHeld
NOMURA HOLDINGS INC205.7K$33.1MHeld
Focus Partners Wealth204.7K$32.8MHeld
Quantinno Capital Management LP200.9K$32.3MHeld
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO200.4K$32.3MHeld
Pathstone Holdings, LLC197.9K$31.9MHeld
Varma Mutual Pension Insurance Co191.4K$30.9MHeld
USS Investment Management Ltd191.7K$30.8MHeld
MML INVESTORS SERVICES, LLC191.4K$30.8MHeld
Man Group plc185.7K$29.9MHeld
Swiss Life Asset Management Ltd185K$29.8M$2.03MAdded$4.99M
Ampersand Capital Group, L.P.184.8K$29.7MHeld
Triasima Portfolio Management inc.182.3K$29.4MHeld
PBU - The Pension Fund of Early Childhood & Youth Educators182.2K$29.4MHeld
Citadel179.3K$28.9MHeld
IQ EQ FUND MANAGEMENT (IRELAND) Ltd178.6K$28.8MHeld
Maryland State Retirement & Pension System178.4K$28.7MHeld
NISSAY ASSET MANAGEMENT CORP /JAPAN176.2K$28.3MHeld
D.A. DAVIDSON & CO.175.9K$28.3MHeld
BIT Capital GmbH174.2K$28MHeld
LAZARD ASSET MANAGEMENT LLC173.7K$28MHeld
Baker Avenue Asset Management, LP169.9K$27.3MHeld
ODDO BHF ASSET MANAGEMENT SAS122.7K$27.1MHeld
Sanctuary Advisors, LLC166.8K$26.8M$2.06MAdded$1.81M
LYELL WEALTH MANAGEMENT, LP164.9K$26.5MHeld
Atria Investments, Inc161.4K$26MHeld
TREMBLANT CAPITAL GROUP161.3K$26MHeld
Benchstone Capital Management LP158K$25.4MHeld
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC146.2K$24.8MHeld
Manchester Global Management (UK) Ltd153K$24.6MHeld
Welch & Forbes LLC152.9K$24.6MHeld
Baird Financial Group, Inc.152.4K$24.5MHeld
Harvest Portfolios Group Inc.150.5K$24.2MHeld
Apollon Wealth Management, LLC149.5K$24.1MHeld
Gryphon Financial Partners LLC147.7K$23.8MHeld
Arthedge Capital Management, LLC146.6K$23.6MHeld
AGF MANAGEMENT LTD144.9K$23.5MHeld
TRILLIUM ASSET MANAGEMENT, LLC140.1K$22.7MHeld
SHELTON CAPITAL MANAGEMENT139.4K$22.4MHeld
Candriam S.C.A.139K$22.4MHeld
THORNBURG INVESTMENT MANAGEMENT INC137.3K$22.1MHeld
Meridian Wealth Management, LLC137.1K$22.1MHeld
Utah Retirement Systems135.5K$21.8MHeld
Vestmark Advisory Solutions, Inc.132.9K$21.4MHeld
AIA Group Ltd132.7K$21.4M$1.64MCut−$5.9M
JONES FINANCIAL COMPANIES LLLP131K$21.1MHeld
Cresset Asset Management, LLC130.4K$21M$1.59MAdded$1.82M
Telemark Asset Management, LLC130K$20.9MHeld
One Madison Group LLC130K$20.9MHeld
ITHAKA GROUP LLC127.7K$20.6MHeld
Cerity Partners LLC127.2K$20.5MHeld
Henry James International Management Inc.126.3K$20.3MHeld
PNC Financial Services Group, Inc.125.4K$20.2MHeld
Alta Park Capital, LP125.4K$20.2MHeld

Who left

Positions as of Q4 2025. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.