Jennison Associates’s Shopify SHOP Stock Holding History

Jennison Associates’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 Q1	$1.93B	Sell	16,299,259 -2,667,148	-14%	-$350M	1.33%	19
2025 Q4	$3.05B	Buy	18,966,407 +42,976	+0.2%	+$6.9M	1.83%	13
2025 Q3	$2.81B	Buy	18,923,431 +7,403,821	+64%	+$1B	1.64%	15
2025 Q2	$1.33B	Buy	11,519,610 +6,238,829	+118%	+$624M	0.79%	30
2025 Q1	$504M	Buy	5,280,781 +4,036,326	+324%	+$440M	0.35%	50
2024 Q4	$132M	Buy	+1,244,455	New	+$121M	0.08%	114
2023 Q1	–	Sell	-930,733	Closed	-$32.3M	–	623
2022 Q4	$32.3M	Buy	930,733 +11,575	+1%	+$395K	0.03%	259
2022 Q3	$24.8M	Sell	919,158 -2,941,906	-76%	-$100M	0.02%	288
2022 Q2	$121M	Sell	3,861,064 -24,868,296	-87%	-$1.06B	0.12%	99
2022 Q1	$1.94B	Sell	28,729,360 -18,240,290	-39%	-$1.5B	1.43%	16
2021 Q4	$6.47B	Buy	46,969,650 +651,440	+1%	+$95.2M	4.1%	6
2021 Q3	$6.28B	Buy	46,318,210 +166,000	+0.4%	+$24.9M	4.06%	4
2021 Q2	$6.74B	Sell	46,152,210 -361,940	-0.8%	-$44.6M	4.47%	4
2021 Q1	$5.15B	Buy	46,514,150 +3,616,250	+8%	+$437M	3.77%	4
2020 Q4	$4.86B	Buy	42,897,900 +8,959,400	+26%	+$940M	3.46%	5
2020 Q3	$3.47B	Buy	33,938,500 +936,060	+3%	+$93.1M	2.79%	8
2020 Q2	$3.13B	Buy	33,002,440 +3,415,480	+12%	+$237M	2.83%	8
2020 Q1	$1.23B	Sell	29,586,960 -2,520,660	-8%	-$114M	1.5%	19
2019 Q4	$1.28B	Buy	32,107,620 +8,700,460	+37%	+$294M	1.29%	22
2019 Q3	$730M	Buy	23,407,160 +13,061,680	+126%	+$447M	0.77%	39
2019 Q2	$311M	Sell	10,345,480 -3,692,980	-26%	-$96.1M	0.31%	53
2019 Q1	$290M	Buy	14,038,460 +916,690	+7%	+$16.2M	0.29%	52
2018 Q4	$182M	Buy	13,121,770 +1,569,660	+14%	+$22.1M	0.2%	64
2018 Q3	$190M	Buy	11,552,110 +8,709,530	+306%	+$133M	0.17%	73
2018 Q2	$41.5M	Buy	2,842,580 +1,217,910	+75%	+$17.2M	0.04%	291
2018 Q1	$20.2M	Buy	+1,624,670	New	+$21M	0.02%	394
2017 Q4	–	Sell	-1,815,690	Closed	-$21.2M	–	688
2017 Q3	$21.2M	Buy	1,815,690 +580,330	+47%	+$5.93M	0.02%	399
2017 Q2	$10.7M	Buy	+1,235,360	New	+$10.4M	0.01%	471

Other funds holding SHOP

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Jennison Associates's SHOP Position: Q1 2026 in Review

Jennison Associates reduced its Shopify (SHOP) stake by 14% in Q1 2026, selling an estimated $350M and leaving 16,299,259 shares worth $1.93B. The position accounts for 1.33% of the portfolio, ranked #19.

Jennison Associates first reported a position in SHOP in Q2 2017 and has held it in 28 quarters since. The position peaked at $6.74B in Q2 2021. 1,725 funds tracked by Wall St. Rank hold SHOP as of Q1 2026.

Jennison Associates held 16,299,259 shares of Shopify worth $1.93B as of Q1 2026.
Jennison Associates sold 2,667,148 Shopify shares in Q1 2026, an estimated $350M.
Shopify made up 1.33% of Jennison Associates's portfolio in Q1 2026, its #19 holding.
Jennison Associates first reported a position in Shopify in Q2 2017 and has held it in 28 quarters since.
Jennison Associates's Shopify position peaked at $6.74B in Q2 2021.
1,725 funds tracked by Wall St. Rank held Shopify as of Q1 2026.

Based on Jennison Associates's 13F filing for Q1 2026, filed 6 May 2026.