Maryland State Retirement & Pension System’s Shopify SHOP Stock Holding History

Maryland State Retirement & Pension System’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	$21.4M	Buy	180,494 +2,140	+1%	+$281K	0.44%	47
2025 Q4	$28.7M	Buy	178,354 +780	+0.4%	+$125K	0.59%	31
2025 Q3	$26.4M	Buy	177,574 +12,229	+7%	+$1.66M	0.55%	34
2025 Q2	$19.1M	Sell	165,345 -5,416	-3%	-$542K	0.42%	42
2025 Q1	$16.3M	Buy	170,761 +42,272	+33%	+$4.61M	0.39%	53
2024 Q4	$13.7M	Buy	128,489 +3,758	+3%	+$366K	0.29%	56
2024 Q3	$9.99M	Sell	124,731 -404	-0.3%	-$27.9K	0.21%	81
2024 Q2	$8.27M	Buy	125,135 +64,269	+106%	+$4.26M	0.15%	118
2024 Q1	$4.25M	Buy	60,866 +21,080	+53%	+$1.67M	0.08%	208
2023 Q4	$3.1M	Buy	39,786 +334	+0.8%	+$21.3K	0.06%	260
2023 Q3	$2.15M	Buy	39,452 +504	+1%	+$30.5K	0.05%	334
2023 Q2	$2.52M	Buy	38,948 +6,909	+22%	+$391K	0.05%	307
2023 Q1	$1.53M	Buy	+32,039	New	+$1.41M	0.03%	410

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

Maryland State Retirement & Pension System's SHOP Position: Q1 2026 in Review

Maryland State Retirement & Pension System increased its Shopify (SHOP) stake by 1.2% in Q1 2026, buying an estimated $281K and bringing the position to 180,494 shares worth $21.4M. The position accounts for 0.44% of the portfolio, ranked #47.

Maryland State Retirement & Pension System first reported a position in SHOP in Q1 2023 and has held it in 13 quarters since. The position peaked at $28.7M in Q4 2025. 1,725 funds tracked by Wall St. Rank hold SHOP as of Q1 2026.

Maryland State Retirement & Pension System held 180,494 shares of Shopify worth $21.4M as of Q1 2026.
Maryland State Retirement & Pension System bought 2,140 Shopify shares in Q1 2026, an estimated $281K.
Shopify made up 0.44% of Maryland State Retirement & Pension System's portfolio in Q1 2026, its #47 holding.
Maryland State Retirement & Pension System first reported a position in Shopify in Q1 2023 and has held it in 13 quarters since.
Maryland State Retirement & Pension System's Shopify position peaked at $28.7M in Q4 2025.
1,725 funds tracked by Wall St. Rank held Shopify as of Q1 2026.

Based on Maryland State Retirement & Pension System's 13F filing for Q1 2026, filed 4 May 2026.