Geode Capital Management’s Shopify SHOP Stock Holding History

Geode Capital Management’s Portfolio SHOP Stock Details SHOP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$1.67B	Buy	14,338,616 +1,428,500	+11%	+$163M	0.09%	186
2026 Q1	$1.54B	Buy	12,910,116 +308,640	+2%	+$40.6M	0.1%	185
2025 Q4	$2.04B	Buy	12,601,476 +737,892	+6%	+$118M	0.13%	121
2025 Q3	$1.77B	Buy	11,863,584 +1,131,789	+11%	+$153M	0.11%	146
2025 Q2	$1.25B	Buy	10,731,795 +1,781,530	+20%	+$178M	0.09%	193
2025 Q1	$857M	Buy	8,950,265 +1,934,683	+28%	+$211M	0.07%	262
2024 Q4	$749M	Buy	7,015,582 +1,627,776	+30%	+$158M	0.06%	298
2024 Q3	$433M	Buy	5,387,806 +471,280	+10%	+$32.5M	0.04%	420
2024 Q2	$325M	Buy	4,916,526 +229,645	+5%	+$15.2M	0.03%	462
2024 Q1	$361M	Buy	4,686,881 +254,956	+6%	+$20.1M	0.03%	441
2023 Q4	$343M	Buy	4,431,925 +158,681	+4%	+$10.1M	0.04%	427
2023 Q3	$232M	Buy	4,273,244 +178,289	+4%	+$10.8M	0.03%	491
2023 Q2	$263M	Buy	4,094,955 +262,506	+7%	+$14.8M	0.03%	463
2023 Q1	$183M	Buy	3,832,449 +117,259	+3%	+$5.16M	0.02%	534
2022 Q4	$128M	Buy	3,715,190 +111,778	+3%	+$3.82M	0.02%	617
2022 Q3	$96.7M	Buy	3,603,412 +299,957	+9%	+$10.2M	0.01%	697
2022 Q2	$103M	Buy	3,303,455 +115,085	+4%	+$4.91M	0.02%	672
2022 Q1	$214M	Buy	3,188,370 +119,690	+4%	+$9.83M	0.03%	523
2021 Q4	$420M	Buy	3,068,680 +205,620	+7%	+$30M	0.05%	357
2021 Q3	$386M	Buy	2,863,060 +340,410	+13%	+$51M	0.05%	351
2021 Q2	$366M	Buy	2,522,650 +310,680	+14%	+$38.3M	0.05%	357
2021 Q1	$243M	Buy	2,211,970 +232,500	+12%	+$28.1M	0.04%	449
2020 Q4	$222M	Buy	1,979,470 +124,840	+7%	+$13.1M	0.04%	435
2020 Q3	$189M	Buy	1,854,630 +101,420	+6%	+$10.1M	0.04%	422
2020 Q2	$166M	Buy	1,753,210 +170,940	+11%	+$11.9M	0.04%	428
2020 Q1	$65.9M	Buy	1,582,270 +185,790	+13%	+$8.38M	0.02%	636
2019 Q4	$55.1M	Buy	1,396,480 +188,510	+16%	+$6.38M	0.01%	877
2019 Q3	$37.4M	Buy	1,207,970 +1,196,710	+10,628%	+$41M	0.01%	1052
2019 Q2	$337K	Buy	+11,260	New	+$293K	﹤0.01%	3605
2018 Q2	–	Sell	-533,820	Closed	-$6.57M	–	4094
2018 Q1	$6.57M	Buy	+533,820	New	+$6.91M	﹤0.01%	2068

Other funds holding SHOP

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Geode Capital Management's SHOP Position: Q2 2026 in Review

Geode Capital Management increased its Shopify (SHOP) stake by 11% in Q2 2026, buying an estimated $163M and bringing the position to 14,338,616 shares worth $1.67B. The position accounts for 0.09% of the portfolio, ranked #186.

Geode Capital Management first reported a position in SHOP in Q1 2018 and has held it in 30 quarters since. The position peaked at $2.04B in Q4 2025. 1,711 funds tracked by Wall St. Rank hold SHOP as of Q2 2026.

Geode Capital Management held 14,338,616 shares of Shopify worth $1.67B as of Q2 2026.
Geode Capital Management bought 1,428,500 Shopify shares in Q2 2026, an estimated $163M.
Shopify made up 0.09% of Geode Capital Management's portfolio in Q2 2026, its #186 holding.
Geode Capital Management first reported a position in Shopify in Q1 2018 and has held it in 30 quarters since.
Geode Capital Management's Shopify position peaked at $2.04B in Q4 2025.
1,711 funds tracked by Wall St. Rank held Shopify as of Q2 2026.

Based on Geode Capital Management's 13F filing for Q2 2026, filed 12 Aug 2026.