Shopify Ownership | Who Owns Shopify?

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Shopify Ownership Summary

Shopify is owned by 64.23% institutional investors, 0.23% insiders, and 35.54% retail investors. Capital investors is the largest institutional shareholder, holding 4.21% of SHOP shares. Capital Group Growth Fnd of Amer Comp is the top mutual fund, with 2.42% of its assets in Shopify shares.

SHOP Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Shopify	64.23%	0.23%	35.54%
Sector	Technology Stocks	53.83%	15.00%	31.18%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Capital investors	54.89M	4.21%	$6.27B
Vanguard group	50.67M	3.90%	$8.16B
Fmr	47.18M	3.62%	$5.39B
Invesco	36.57M	2.81%	$4.18B
Vanguard capital management	34.13M	2.62%	$3.91B
Capital world investors	34.09M	2.62%	$3.89B
Baillie gifford	28.40M	2.18%	$3.24B
Morgan stanley	25.52M	1.96%	$2.91B
Price t rowe associates inc /md/	24.75M	1.90%	$2.83B
Royal bank of canada	23.53M	1.81%	$2.69B

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Barton investment management	1.58M	24.45%	$180.47M
Ashe capital management, lp	1.54M	18.91%	$176.15M
Marcho partners llp	188.24K	12.22%	$21.49M
Square peg capital pty	80.30K	12.03%	$9.17M
Strategy capital	1.60M	11.28%	$183.02M
Ampersand capital group	212.76K	10.96%	$24.29M
Arthedge capital management	146.60K	10.43%	$16.74M
Privium fund management b.v.	370.00K	7.76%	$42.25M
Gavilan investment partners	230.00K	6.39%	$26.26M
Mufg securities (canada)	1.73M	5.31%	$197.10M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	16.41M	0.19%	16.41M
Invesco	36.57M	0.33%	10.84M
Bamco inc /ny/	11.16M	1.91%	6.44M
Capital investors	54.89M	1.30%	4.83M
Sixth street partners management company	2.83M	0.04%	2.83M

Top Sellers

Holder	Shares	% Assets	Change
Jennison associates	6.85M	0.47%	-9.45M
Wcm investment management	7.05K	0.00%	-6.68M
Capital research global investors	7.49M	0.12%	-4.15M
Scge management	-	-	-3.39M
Blackrock funding, inc. /de	5.82M	0.01%	-3.06M

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	16.41M	0.19%	16.41M	$1.87B
Sixth street partners management company	2.83M	0.04%	2.83M	$323.69M
Exoduspoint capital management, lp	976.57K	0.72%	976.57K	$111.50M
D1 capital partners	830.89K	0.27%	830.89K	$94.87M
Whale rock capital management	765.47K	1.34%	765.47K	$113.76M

Sold Out

Holder	Change
Grey fox wealth advisors	-2.00
Comprehensive financial planning, inc./pa	-3.00
Gs investments	-7.00
Gordian capital singapore pte	-10.00
Measured wealth private client group	-10.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Jun 30, 2026	1,795	-2.07%	837,156,308	1.85%	64	1.62%	772	-9.07%	665	6.06%
Mar 31, 2026	1,777	-9.89%	790,839,990	-4.80%	60	1.49%	823	-14.00%	608	-7.88%
Dec 31, 2025	899	-50.44%	147,755,692	-82.19%	11	0.28%	409	-51.08%	324	-47.74%
Sep 30, 2025	1,012	-38.22%	222,885,852	-73.55%	17	0.41%	453	-44.49%	357	-29.72%
Jun 30, 2025	1,607	3.74%	842,267,145	1.10%	64	1.57%	803	17.74%	496	-9.65%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Capital Group Growth Fnd of Amer Comp	31.36M	2.42%	865.38K
American Funds Growth Fd of Amer A	31.36M	2.42%	865.38K
American Funds Growth Fund of Amer A	30.49M	2.34%	1.56M
Invesco QQQ Trust	25.26M	1.96%	-320.31K
Vanguard Total Intl Stock Index Inv	18.06M	1.40%	44.92K
American Funds Europacific Growth A	17.44M	1.34%	-
Capital Group EuroPacific Growth Comp	17.44M	1.34%	-
American Funds New Perspective A	15.72M	1.21%	1.36M
Capital Group New Perspective Comp	15.72M	1.21%	1.36M
Vanguard Developed Markets Index Admiral	12.03M	0.93%	46.76K

Recent Insider Transactions

Date	Name	Role	Activity	Value
Aug 12, 2005	SANTORA GREG J	Chief Financial Officer	Sell	$3.48M

Insider Transactions Trends

Date	Buy	Sell
2023 Q4	-	-
2023 Q3	-	-
2022 Q3	-	-

SHOP Ownership FAQ

Who owns the most shares of Shopify?

Shopify’s largest shareholders are Capital investors (54.89M shares, 4.21%), Vanguard group (50.67M shares, 3.90%), and Fmr (47.18M shares, 3.62%). Together, they hold 11.73% of Shopify’s total shares outstanding.

Does Blackrock own Shopify?

BlackRock is not among the top 10 institutional shareholders of Shopify.

Who is Shopify’s biggest shareholder by percentage of total assets invested?

Barton investment management is Shopify’s biggest shareholder by percentage of total assets invested, with 24.45% of its assets in 1.58M Shopify shares, valued at 180.47M$.

Who is the top mutual fund holder of Shopify shares?

Capital Group Growth Fnd of Amer Comp is the top mutual fund holder of Shopify shares, with 2.42% of its total shares outstanding invested in 31.36M Shopify shares.

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