Royal Bank of Canada’s Shopify SHOP Stock Holding History

Royal Bank of Canada’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	$2.57B	Buy	21,658,696 +1,923,145	+10%	+$253M	0.45%	40
2025 Q4	$3.18B	Sell	19,735,551 -2,680,719	-12%	-$430M	0.52%	32
2025 Q3	$3.33B	Buy	22,416,270 +1,146,382	+5%	+$155M	0.55%	31
2025 Q2	$2.45B	Buy	21,269,888 +1,724,312	+9%	+$172M	0.44%	39
2025 Q1	$1.87B	Sell	19,545,576 -582,332	-3%	-$63.5M	0.39%	48
2024 Q4	$2.14B	Buy	20,127,908 +530,716	+3%	+$51.6M	0.43%	42
2024 Q3	$1.57B	Sell	19,597,192 -2,922,937	-13%	-$202M	0.32%	65
2024 Q2	$1.49B	Buy	22,520,129 +2,496,033	+12%	+$166M	0.34%	64
2024 Q1	$1.55B	Sell	20,024,096 -7,719,249	-28%	-$610M	0.35%	60
2023 Q4	$2.16B	Buy	27,743,345 +3,419,098	+14%	+$218M	0.5%	33
2023 Q3	$1.33B	Sell	24,324,247 -1,260,339	-5%	-$76.4M	0.36%	60
2023 Q2	$1.65B	Buy	25,584,586 +3,532,467	+16%	+$200M	0.43%	47
2023 Q1	$1.06B	Buy	22,052,119 +1,625,610	+8%	+$71.5M	0.3%	70
2022 Q4	$709M	Buy	20,426,509 +4,169,064	+26%	+$142M	0.2%	104
2022 Q3	$438M	Buy	16,257,445 +5,306,660	+48%	+$181M	0.14%	141
2022 Q2	$342M	Sell	10,950,785 -5,182,685	-32%	-$221M	0.1%	182
2022 Q1	$1.09B	Buy	16,133,470 +3,442,570	+27%	+$283M	0.27%	77
2021 Q4	$1.75B	Buy	12,690,900 +1,774,870	+16%	+$259M	0.4%	44
2021 Q3	$1.48B	Buy	10,916,030 +182,340	+2%	+$27.3M	0.39%	49
2021 Q2	$1.57B	Buy	10,733,690 +294,620	+3%	+$36.3M	0.42%	44
2021 Q1	$1.16B	Buy	10,439,070 +1,014,500	+11%	+$123M	0.34%	62
2020 Q4	$1.07B	Buy	9,424,570 +1,557,840	+20%	+$164M	0.31%	66
2020 Q3	$805M	Buy	7,866,730 +277,230	+4%	+$27.6M	0.29%	78
2020 Q2	$720M	Sell	7,589,500 -491,850	-6%	-$34.1M	0.29%	76
2020 Q1	$337M	Sell	8,081,350 -4,490,770	-36%	-$202M	0.16%	123
2019 Q4	$500M	Buy	12,572,120 +3,012,910	+32%	+$102M	0.18%	114
2019 Q3	$298M	Buy	9,559,210 +475,300	+5%	+$16.3M	0.12%	158
2019 Q2	$273M	Sell	9,083,910 -6,395,340	-41%	-$166M	0.11%	169
2019 Q1	$320M	Buy	15,479,250 +1,472,680	+11%	+$26M	0.14%	147
2018 Q4	$194M	Buy	14,006,570 +706,330	+5%	+$9.94M	0.09%	188
2018 Q3	$218M	Buy	13,300,240 +1,101,950	+9%	+$16.8M	0.09%	185
2018 Q2	$178M	Buy	12,198,290 +197,380	+2%	+$2.79M	0.08%	212
2018 Q1	$150M	Sell	12,000,910 -220,050	-2%	-$2.85M	0.07%	246
2017 Q4	$123M	Sell	12,220,960 -1,067,870	-8%	-$10.9M	0.05%	286
2017 Q3	$155M	Sell	13,288,830 -187,820	-1%	-$1.92M	0.07%	225
2017 Q2	$117M	Buy	13,476,650 +7,802,760	+138%	+$66M	0.06%	267
2017 Q1	$38.6M	Sell	5,673,890 -1,196,220	-17%	-$6.89M	0.02%	643
2016 Q4	$29.5M	Buy	6,870,110 +180,830	+3%	+$760K	0.02%	793
2016 Q3	$28.7M	Buy	6,689,280 +4,333,670	+184%	+$16.5M	0.02%	779
2016 Q2	$7.25M	Buy	2,355,610 +635,510	+37%	+$1.86M	﹤0.01%	1662
2016 Q1	$4.85M	Buy	1,720,100 +140,380	+9%	+$332K	﹤0.01%	1849
2015 Q4	$4.08M	Buy	1,579,720 +1,381,050	+695%	+$4.06M	﹤0.01%	1997
2015 Q3	$699K	Sell	198,670 -55,130	-22%	-$175K	﹤0.01%	3180
2015 Q2	$862K	Buy	+253,800	New	+$793K	﹤0.01%	3054

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

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Royal Bank of Canada's SHOP Position: Q1 2026 in Review

Royal Bank of Canada increased its Shopify (SHOP) stake by 9.7% in Q1 2026, buying an estimated $253M and bringing the position to 21,658,696 shares worth $2.57B. The position accounts for 0.45% of the portfolio, ranked #40.

Royal Bank of Canada first reported a position in SHOP in Q2 2015 and has held it in 44 quarters since. The position peaked at $3.33B in Q3 2025. 1,727 funds tracked by Wall St. Rank hold SHOP as of Q1 2026.

Royal Bank of Canada held 21,658,696 shares of Shopify worth $2.57B as of Q1 2026.
Royal Bank of Canada bought 1,923,145 Shopify shares in Q1 2026, an estimated $253M.
Shopify made up 0.45% of Royal Bank of Canada's portfolio in Q1 2026, its #40 holding.
Royal Bank of Canada first reported a position in Shopify in Q2 2015 and has held it in 44 quarters since.
Royal Bank of Canada's Shopify position peaked at $3.33B in Q3 2025.
1,727 funds tracked by Wall St. Rank held Shopify as of Q1 2026.

Based on Royal Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.