SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
SHOPIFY INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$171.06+1.54 (+0.91%)
Close on Oct 19, 2026
- Market cap
- $222.03B
- P/E (TTM)
- 114.8
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
65.0%
836M of 1.29B shares
Institutional holders
1,707
153 new, 156 sold out
Net institutional buying
6M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
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 |
|---|---|---|---|---|
| Tobias Lütke | 80,997,982 | 6.30% | 13G (passive) amendment | Dec 31, 2023 |
| BlackRock, Inc. | 61,634,523 | 5.10% | 13G (passive) | Jun 30, 2026 |
| Shopify Inc. | 21,858,282 | 13.30% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SHOP | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Capital International Investors | 54,893,641 | 4.27% | $6.27B | +4,833,553 | 1.30% |
| FMR LLC | 47,175,518 | 3.67% | $5.39B | +1,341,034 | 0.23% |
| Invesco Ltd. | 36,570,929 | 2.84% | $4.18B | +191,668 | 0.33% |
| Vanguard Capital Management LLC | 34,133,098 | 2.65% | $3.91B | +397,954 | 0.08% |
| Capital World Investors | 34,087,544 | 2.65% | $3.89B | +390,700 | 0.46% |
| Baillie Gifford & Co | 28,403,600 | 2.21% | $3.24B | −618,241 | 2.94% |
| Morgan Stanley | 25,517,034 | 1.98% | $2.91B | +812,368 | 0.15% |
| Price T Rowe Associates Inc /Md/ | 24,751,765 | 1.92% | $2.83M | −265,093 | 0.28% |
| Royal Bank of Canada | 23,534,300 | 1.83% | $2.69B | +1,875,604 | 0.40% |
| FIL Ltd | 19,275,482 | 1.50% | $2.21B | +1,049,013 | 1.58% |
| Norges Bank | 16,410,473 | 1.28% | $1.87B | New | 0.19% |
| JPMorgan Chase & Co | 15,220,724 | 1.18% | $1.74B | −2,236,294 | 0.10% |
| Loomis Sayles & Co L P | 14,408,186 | 1.12% | $1.65B | +4,741 | 2.06% |
| Geode Capital Management, LLC | 14,338,616 | 1.11% | $1.67B | +1,428,500 | 0.09% |
| Bank Of Montreal /Can/ | 13,770,055 | 1.07% | $1.57B | +716,344 | 0.52% |
| Wellington Management Group Llp | 11,852,596 | 0.92% | $1.35B | +2,782,480 | 0.23% |
| Bank Of America Corp /De/ | 11,443,080 | 0.89% | $1.31B | +259,095 | 0.08% |
| Bamco Inc /Ny/ | 11,155,546 | 0.87% | $1.27B | +6,437,316 | 1.91% |
| Vanguard Fiduciary Trust Co | 10,862,064 | 0.84% | $1.24B | +87,202 | 0.27% |
| Goldman Sachs Group Inc | 10,154,753 | 0.79% | $1.16B | +1,008,638 | 0.10% |
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 | 1,707 | 836M | 65.0% | 153 / 631 | 662 / 156 | 79M | 73M |
| Q1 2026 | 1,736 | 834M | 64.8% | 169 / 680 | 619 / 294 | 129M | 104M |
| Q4 2025 | 1,889 | 862M | 67.0% | 322 / 646 | 661 / 115 | 109M | 106M |
| Q3 2025 | 1,719 | 864M | 67.2% | 276 / 559 | 622 / 83 | 82M | 83M |
| Q2 2025 | 1,556 | 866M | 67.3% | 221 / 584 | 514 / 125 | 104M | 86M |
| Q1 2025 | 1,479 | 849M | 66.0% | 162 / 540 | 544 / 152 | 70M | 63M |
| Q4 2024 | 1,489 | 848M | 65.9% | 321 / 428 | 530 / 68 | 78M | 76M |
| Q3 2024 | 1,261 | 849M | 66.0% | 157 / 469 | 435 / 97 | 82M | 66M |
| Q2 2024 | 1,210 | 839M | 65.2% | 147 / 536 | 353 / 143 | 104M | 198M |
| Q1 2024 | 1,222 | 935M | 72.7% | 125 / 445 | 438 / 101 | 114M | 73M |
| Q4 2023 | 1,213 | 895M | 69.6% | 252 / 364 | 420 / 106 | 159M | 45M |
| Q3 2023 | 1,079 | 782M | 60.8% | 97 / 390 | 381 / 135 | 65M | 71M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SHOP | Value | % of fund | As of |
|---|---|---|---|---|---|
| Growth Fund of America | 31,357,737 | 2.44% | $3.72B | 1.03% | May 31, 2026 |
| Invesco QQQ Trust, Series 1 | 25,888,276 | 2.01% | $2.96B | 0.60% | Jun 30, 2026 |
| Vanguard Total International Stock Index Fund | 18,006,912 | 1.40% | $2.96B | 0.33% | Jul 31, 2026 |
| New Perspective Fund | 15,722,610 | 1.22% | $1.80B | 1.05% | Jun 30, 2026 |
| Vanguard Developed Markets Index Fund | 11,976,469 | 0.93% | $1.94B | 0.43% | Jun 30, 2026 |
| American Funds Fundamental Investors | 11,926,837 | 0.93% | $1.36B | 0.75% | Jun 30, 2026 |
| Fidelity Contrafund | 7,487,156 | 0.58% | $603.98M | 0.48% | Jun 30, 2026 |
| Growth Fund | 7,012,767 | 0.55% | $800.72M | 1.40% | Jun 30, 2026 |
| Fidelity SAI Canada Equity Index Fund | 6,338,874 | 0.49% | $529.58M | 4.68% | Jul 31, 2026 |
| Baron Partners Fund | 6,255,641 | 0.49% | $714.27M | 3.96% | Jun 30, 2026 |
| Vanguard U.S. Growth Fund | 5,496,583 | 0.43% | $652.50M | 1.37% | May 31, 2026 |
| Invesco NASDAQ 100 ETF | 5,208,953 | 0.40% | $618.35M | 0.64% | May 31, 2026 |
| EUPAC Fund | 4,714,730 | 0.37% | $538.33M | 0.38% | Jun 30, 2026 |
| JPMorgan BetaBuilders Canada ETF | 4,337,338 | 0.34% | $362.36M | 4.68% | Jul 31, 2026 |
| New Economy Fund | 3,785,136 | 0.29% | $449.33M | 0.87% | May 31, 2026 |
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Hoffmeister Jeff Officer | Sep 25, 2026 | 6,152 | $893.05K | Sep 26, 2026 | Vesting of RSUs |
| Hertz Jessica Officer | Sep 18, 2026 | 11,171 | $1.44M | Sep 19, 2026 | Vesting of RSUs |
| Finkelstein Harley Officer | Sep 18, 2026 | 177,318 | $22.84M | Sep 19, 2026 | Vesting of RSUs |
| Niehaus Jean Officer | Sep 18, 2026 | 1,537 | $197.95K | Sep 19, 2026 | Vesting of RSUs |
| Hoffmeister Jeff Officer | Sep 14, 2026 | 11,647 | $1.50M | Sep 14, 2026 | Vesting of RSUs |
| Lutke Tobias Officer, Director | Sep 4, 2026 | 550,500 | $81.13M | Sep 9, 2026 | Vesting of RSUs |
| Hertz Jessica Officer | Aug 27, 2026 | 10,394 | $1.61M | Aug 27, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Goodman Gail Director | Aug 7, 2026 | 4,000 | $589.76K | Aug 7, 2026 | Exercise of Options |
| Niehaus Jean Officer | Aug 6, 2026 | 3,450 | $425.39K | Aug 6, 2026 | Vesting of RSUs |
| Goodman Gail Director | Aug 5, 2026 | 7,650 | $943.25K | Aug 5, 2026 | Exercise of Options |
| Goodman Gail Director | Jul 28, 2026 | 5,000 | $634.40K | Jul 28, 2026 | Exercise of Options |
| Goodman Gail Director | Jul 10, 2026 | 5,000 | $615.85K | Jul 10, 2026 | Exercise of Options |
| Goodman Gail Director | Jun 30, 2026 | 1,000 | $114.21K | Jun 30, 2026 | Exercise of Options |
| Hertz Jessica Officer | Jun 22, 2026 | 11,361 | $1.23M | Jun 22, 2026 | Vesting of RSUs |
| Hoffmeister Jeff Officer | Jun 22, 2026 | 6,091 | $659.29K | Jun 22, 2026 | Vesting of RSUs |