MSTRNasdaqFinance ServicesFiscal year ends December 31Also trades as STRC, STRD, STRF, STRK
Strategy Inc
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$136.02−0.81 (-0.59%)
Close on Oct 19, 2026
- Market cap
- $47.95B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
57.7%
210M of 365M shares
Institutional holders
851
105 new, 181 sold out
Net institutional buying
13M
In Q2 2026
Insider trades, 12 months
10 buys · 146 sales
Net sold $34.39M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Capital International Investors | 31,642,100 | 10.10% | 13G (passive) amendment | Mar 31, 2026 |
| Michael J. Saylor | 19,998,580 | 9.90% | 13G (passive) amendment | Sep 30, 2024 |
| Vanguard Capital Management | 16,802,319 | 5.34% | 13G (passive) | Mar 31, 2026 |
| Jane Street Capital, LLC | 14,581,084 | 6.50% | 13G (passive) amendment | Dec 31, 2024 |
| BlackRock, Inc. | 14,193,525 | 5.80% | 13G (passive) amendment | Mar 31, 2025 |
| G1 Execution Services, LLC | 13,188,464 | 5.10% | 13G (passive) | Jun 30, 2025 |
| Susquehanna Investment Group | 11,605,313 | 5.10% | 13G (passive) | Dec 31, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MSTR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Capital International Investors | 34,902,002 | 9.57% | $3.03B | +3,460,241 | 0.63% |
| BlackRock, Inc. | 19,394,284 | 5.32% | $1.69B | +1,640,399 | 0.03% |
| Vanguard Portfolio Management LLC | 15,353,408 | 4.21% | $1.33B | +611,701 | 0.06% |
| Vanguard Capital Management LLC | 14,938,599 | 4.10% | $1.30B | +861,087 | 0.03% |
| Invesco Ltd. | 9,340,682 | 2.56% | $811.99M | +616,325 | 0.06% |
| Morgan Stanley | 9,330,454 | 2.56% | $811.10M | +44,440 | 0.04% |
| State Street Corp | 7,527,561 | 2.06% | $654.37M | +506,635 | 0.02% |
| Goldman Sachs Group Inc | 5,810,162 | 1.59% | $505.08M | +4,023,500 | 0.04% |
| UBS Group AG | 4,943,411 | 1.36% | $429.73M | −1,367,953 | 0.05% |
| Geode Capital Management, LLC | 4,606,751 | 1.26% | $399.30M | −49,114 | 0.02% |
| Capital World Investors | 4,310,934 | 1.18% | $374.76M | +28,826 | 0.04% |
| Norges Bank | 3,979,476 | 1.09% | $345.94M | New | 0.03% |
| Harvest Portfolios Group Inc. | 3,121,927 | 0.86% | $271.39M | +442,159 | 3.83% |
| Capital Research Global Investors | 2,993,437 | 0.82% | $260.25M | −4,622,272 | 0.04% |
| Jane Street Group, LLC | 2,677,622 | 0.73% | $232.77M | +2,467,789 | 0.02% |
| Renaissance Technologies LLC | 2,553,692 | 0.70% | $221.99M | +422,811 | 0.31% |
| Susquehanna International Group, Llp | 2,520,930 | 0.69% | $219.14M | +1,238,294 | 0.02% |
| Vanguard Fiduciary Trust Co | 2,094,345 | 0.57% | $182.06M | +144,587 | 0.04% |
| Wells Fargo & Company/Mn | 1,994,253 | 0.55% | $173.36M | +1,268,276 | 0.03% |
| Northern Trust Corp | 1,831,554 | 0.50% | $159.22M | +69,540 | 0.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 851 | 210M | 57.7% | 105 / 363 | 272 / 181 | 35M | 22M |
| Q1 2026 | 943 | 198M | 54.3% | 133 / 452 | 239 / 159 | 67M | 20M |
| Q4 2025 | 981 | 175M | 48.1% | 172 / 381 | 335 / 252 | 50M | 17M |
| Q3 2025 | 1,085 | 143M | 39.1% | 124 / 504 | 321 / 177 | 25M | 13M |
| Q2 2025 | 1,159 | 138M | 37.8% | 233 / 519 | 265 / 76 | 27M | 15M |
| Q1 2025 | 1,010 | 125M | 34.4% | 156 / 502 | 219 / 117 | 32M | 13M |
| Q4 2024 | 991 | 107M | 29.4% | 400 / 365 | 191 / 61 | 30M | 18M |
| Q3 2024 | 662 | 96M | 26.2% | 137 / 282 | 147 / 64 | 24M | 10M |
| Q2 2024 | 592 | 91M | 25.0% | 136 / 224 | 149 / 68 | 11M | 36M |
| Q1 2024 | 530 | 116M | 31.9% | 216 / 149 | 123 / 51 | 37M | 9M |
| Q4 2023 | 370 | 88M | 24.2% | 102 / 153 | 51 / 24 | 22M | 3M |
| Q3 2023 | 294 | 70M | 19.2% | 52 / 117 | 71 / 27 | 7M | 7M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MSTR | Value | % of fund | As of |
|---|---|---|---|---|---|
| Growth Fund of America | 23,499,123 | 6.45% | $3.74B | 1.04% | May 31, 2026 |
| American Funds Fundamental Investors | 11,507,558 | 3.16% | $1.00B | 0.55% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 10,502,853 | 2.88% | $913.01M | 0.04% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 7,167,954 | 1.97% | $623.11M | 0.28% | Jun 30, 2026 |
| Invesco QQQ Trust, Series 1 | 7,022,113 | 1.93% | $610.43M | 0.12% | Jun 30, 2026 |
| Growth Fund | 4,082,954 | 1.12% | $354.93M | 0.62% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 3,793,677 | 1.04% | $329.78M | 0.34% | Jun 30, 2026 |
| Vanguard Value Index Fund | 3,141,738 | 0.86% | $273.11M | 0.11% | Jun 30, 2026 |
| Vanguard Mid-Cap Value Index Fund | 2,124,724 | 0.58% | $184.70M | 0.50% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 1,895,006 | 0.52% | $301.48M | 0.18% | May 31, 2026 |
| iShares Expanded Tech-Software Sector ETF | 1,693,849 | 0.46% | $147.25M | 1.09% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 1,616,420 | 0.44% | $257.16M | 0.60% | May 31, 2026 |
| Capital Group Growth ETF | 1,583,609 | 0.43% | $251.94M | 1.03% | May 31, 2026 |
| New Economy Fund | 1,473,781 | 0.40% | $234.46M | 0.45% | May 31, 2026 |
| Invesco NASDAQ 100 ETF | 1,334,663 | 0.37% | $212.33M | 0.22% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Phong Le | President & CEO, Director | 141,855 | 0.04% | Jun 22, 2026 |
| Thomas C. Chow | EVP & General Counsel | 100 | 0.00% | Sep 8, 2026 |
| Andrew Kang | EVP & CFO | 73,294 | 0.02% | Jun 9, 2026 |
| Jeanine Montgomery | VP & CAO | 16,209 | 0.00% | Jun 9, 2026 |
| Wei-Ming Shao | EVP & General Counsel | 36,253 | 0.01% | Nov 20, 2025 |
| Jarrod M. Patten | Director | 57,741 | 0.02% | Sep 23, 2026 |
| Gregg Winiarski | Director | 11,092 | 0.00% | Jun 2, 2026 |
| Brian P. Brooks | Director | 1,092 | 0.00% | Jun 2, 2026 |
| Peter L. Briger JR | Director | 220,000 | 0.06% | Jun 2, 2026 |
| Stephen X. Graham | Director | 8,356 | 0.00% | Jun 2, 2026 |
| Jane A. Dietze | Director | 4,692 | 0.00% | Jun 2, 2026 |
| Carl J. Rickertsen | Director | 5,406 | 0.00% | Jun 2, 2026 |
| Leslie J. Rechan | Director | 25,950 | 0.01% | Jun 3, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jarrod M. Patten Director | Sep 22, 2026 | Sale | −475 | $171.00 | $81.23K | 28,406 |
| Jarrod M. Patten Director | Sep 22, 2026 | Option exercise | +475 | $18.24 | $8.66K | 28,881 |
| Jarrod M. Patten Director | Sep 21, 2026 | Option exercise | +1,425 | $18.24 | $25.99K | 29,831 |
| Jarrod M. Patten Director | Sep 21, 2026 | Sale | −475 | $169.00 | $80.28K | 28,406 |
| Jarrod M. Patten Director | Sep 21, 2026 | Sale | −475 | $167.00 | $79.33K | 28,881 |
| Jarrod M. Patten Director | Sep 21, 2026 | Sale | −475 | $165.98 | $78.84K | 29,356 |
| Thomas C. Chow EVP & General Counsel | Sep 4, 2026 | Sale | −106 | $138.75 | $14.71K | 0 |
| Jarrod M. Patten Director | Aug 27, 2026 | Sale | −925 | $129.00 | $119.33K | 29,331 |
| Jarrod M. Patten Director | Aug 27, 2026 | Sale | −925 | $131.00 | $121.18K | 28,406 |
| Jarrod M. Patten Director | Aug 27, 2026 | Option exercise | +1,850 | $18.24 | $33.74K | 30,256 |
| Jarrod M. Patten Director | Aug 25, 2026 | Sale | −925 | $124.00 | $114.70K | 28,406 |
| Jarrod M. Patten Director | Aug 25, 2026 | Option exercise | +925 | $18.24 | $16.87K | 29,331 |
| Jarrod M. Patten Director | Aug 25, 2026 | Sale | −925 | $125.00 | $115.63K | 28,406 |
| Jarrod M. Patten Director | Aug 25, 2026 | Option exercise | +925 | $18.24 | $16.87K | 29,331 |
| Jarrod M. Patten Director | Aug 25, 2026 | Sale | −925 | $127.00 | $117.48K | 28,406 |
| Jarrod M. Patten Director | Aug 25, 2026 | Option exercise | +925 | $18.24 | $16.87K | 29,331 |
| Jarrod M. Patten Director | Aug 24, 2026 | Sale | −925 | $122.34 | $113.16K | 28,406 |
| Jarrod M. Patten Director | Aug 24, 2026 | Option exercise | +925 | $18.24 | $16.87K | 29,331 |
| Jarrod M. Patten Director | Aug 7, 2026 | Sale | −925 | $102.69 | $94.99K | 28,406 |
| Jarrod M. Patten Director | Aug 7, 2026 | Option exercise | +925 | $18.24 | $16.87K | 29,331 |
| Jarrod M. Patten Director | Aug 7, 2026 | Sale | −1,950 | $101.50 | $197.93K | 28,406 |
| Jarrod M. Patten Director | Aug 7, 2026 | Sale | −925 | $104.04 | $96.24K | 28,406 |
| Jarrod M. Patten Director | Aug 7, 2026 | Option exercise | +925 | $18.24 | $16.87K | 29,331 |
| Jarrod M. Patten Director | Aug 7, 2026 | Option exercise | +1,950 | $18.24 | $35.57K | 30,356 |
| Jarrod M. Patten Director | Jul 27, 2026 | Sale | −1,950 | $98.48 | $192.04K | 28,406 |
| Jarrod M. Patten Director | Jul 27, 2026 | Option exercise | +1,950 | $18.24 | $35.57K | 30,356 |
| Jarrod M. Patten Director | Jul 24, 2026 | Option exercise | +1,950 | $18.24 | $35.57K | 30,356 |
| Jarrod M. Patten Director | Jul 24, 2026 | Sale | −1,950 | $92.46 | $180.30K | 28,406 |
| Jarrod M. Patten Director | Jul 22, 2026 | Option exercise | +1,250 | $18.24 | $22.80K | 29,656 |
| Jarrod M. Patten Director | Jul 22, 2026 | Sale | −1,250 | $100.00 | $125.00K | 28,406 |
| Jarrod M. Patten Director | Jun 23, 2026 | Option exercise | +1,500 | $18.24 | $27.36K | 29,906 |
| Jarrod M. Patten Director | Jun 23, 2026 | Sale | −1,500 | $106.08 | $159.12K | 28,406 |
| Phong Le President & CEO, Director | Jun 22, 2026 | Buy | +11,000 | $90.80 | $998.80K | 11,000 |
| Jarrod M. Patten Director | Jun 17, 2026 | Option exercise | +1,500 | $18.24 | $27.36K | 29,906 |
| Jarrod M. Patten Director | Jun 17, 2026 | Sale | −1,500 | $121.31 | $181.97K | 28,406 |
| Thomas C. Chow EVP & General Counsel | Jun 16, 2026 | Buy | +11 | $66.10 | $727 | 11 |
| Thomas C. Chow EVP & General Counsel | Jun 16, 2026 | Buy | +100 | $92.71 | $9.27K | 100 |
| Jarrod M. Patten Director | Jun 15, 2026 | Option exercise | +1,500 | $18.24 | $27.36K | 29,906 |
| Jarrod M. Patten Director | Jun 15, 2026 | Sale | −1,500 | $133.97 | $200.96K | 28,406 |
| Andrew Kang EVP & CFO | Jun 9, 2026 | Sale(10b5-1 plan) | −20 | $124.88 | $2.50K | 71,044 |
| Andrew Kang EVP & CFO | Jun 9, 2026 | Sale(10b5-1 plan) | −1,019 | $123.38 | $125.72K | 71,974 |
| Andrew Kang EVP & CFO | Jun 9, 2026 | Sale(10b5-1 plan) | −910 | $124.33 | $113.14K | 71,064 |
| Phong Le President & CEO, Director | Jun 9, 2026 | Sale(10b5-1 plan) | −2,888 | $123.38 | $356.32K | 128,957 |
| Phong Le President & CEO, Director | Jun 9, 2026 | Sale(10b5-1 plan) | −55 | $124.88 | $6.87K | 126,323 |
| Phong Le President & CEO, Director | Jun 9, 2026 | Sale(10b5-1 plan) | −2,579 | $124.33 | $320.65K | 126,378 |
| Jeanine Montgomery VP & CAO | Jun 9, 2026 | Sale(10b5-1 plan) | −4 | $124.88 | $500 | 11,209 |
| Jeanine Montgomery VP & CAO | Jun 9, 2026 | Sale(10b5-1 plan) | −165 | $124.33 | $20.51K | 11,213 |
| Jeanine Montgomery VP & CAO | Jun 9, 2026 | Sale(10b5-1 plan) | −185 | $123.38 | $22.83K | 11,378 |
| Andrew Kang EVP & CFO | Jun 8, 2026 | Option exercise | +4,260 | – | – | 72,993 |
| Phong Le President & CEO, Director | Jun 8, 2026 | Option exercise | +11,920 | – | – | 131,845 |
| Jeanine Montgomery VP & CAO | Jun 8, 2026 | Option exercise | +1,140 | – | – | 11,563 |
| Phong Le President & CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −13,149 | $116.57 | $1.53M | 188,145 |
| Phong Le President & CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −10,719 | $115.35 | $1.24M | 201,294 |
| Phong Le President & CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −1,650 | $114.79 | $189.40K | 212,013 |
| Phong Le President & CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −273 | $125.14 | $34.16K | 119,925 |
| Phong Le President & CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −5,144 | $124.24 | $639.09K | 120,198 |
| Phong Le President & CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −3,743 | $123.39 | $461.85K | 125,342 |
| Phong Le President & CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −5,882 | $122.55 | $720.84K | 129,085 |
| Phong Le President & CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −1,171 | $121.59 | $142.38K | 134,967 |
| Phong Le President & CEO, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −3,858 | $120.22 | $463.81K | 136,138 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Jarrod M. Patten Director | Oct 9, 2026 | 1,350 | $210.81K | Oct 9, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Oct 8, 2026 | 1,400 | $211.41K | Oct 8, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Sep 22, 2026 | 475 | $81.23K | Sep 22, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Sep 21, 2026 | 1,425 | $238.44K | Sep 21, 2026 | Stock Option Exercise |
| Thomas C. Chow Officer | Sep 4, 2026 | 106 | $14.71K | Sep 4, 2026 | ESPP Purchase |
| Jarrod M. Patten Director | Aug 27, 2026 | 1,850 | $240.50K | Aug 27, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Aug 25, 2026 | 2,775 | $347.80K | Aug 25, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Aug 24, 2026 | 925 | $113.16K | Aug 24, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Aug 7, 2026 | 3,800 | $389.15K | Aug 7, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Jul 27, 2026 | 1,950 | $192.04K | Jul 27, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Jul 24, 2026 | 1,950 | $180.29K | Jul 24, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Jul 22, 2026 | 1,250 | $125.00K | Jul 22, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Jun 23, 2026 | 1,500 | $159.12K | Jun 23, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Jun 17, 2026 | 1,500 | $181.97K | Jun 17, 2026 | Stock Option Exercise |
| Jarrod M. Patten Director | Jun 15, 2026 | 1,500 | $200.95K | Jun 15, 2026 | Stock Option Exercise |