Sands Capital Management
SHOP icon

Sands Capital Management’s Shopify SHOP Stock Holding History

Sands 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
Q1 		$1.06B Sell
8,935,666
-570,370
-6% -$74.9M 4.16% 5
2025
Q4 		$1.53B Buy
9,506,036
+2,568,765
+37% +$412M 4.65% 5
2025
Q3 		$1.03B Sell
6,937,271
-555,344
-7% -$75.3M 2.84% 13
2025
Q2 		$864M Sell
7,492,615
-4,653,206
-38% -$465M 2.48% 17
2025
Q1 		$1.16B Sell
12,145,821
-1,633,118
-12% -$178M 3.95% 8
2024
Q4 		$1.47B Sell
13,778,939
-1,392,858
-9% -$135M 4.34% 4
2024
Q3 		$1.22B Buy
15,171,797
+435,423
+3% +$30.1M 3.69% 7
2024
Q2 		$973M Buy
14,736,374
+1,497,354
+11% +$99.3M 2.86% 14
2024
Q1 		$1.02B Sell
13,239,020
-1,566,931
-11% -$124M 2.86% 14
2023
Q4 		$1.15B Sell
14,805,951
-950,764
-6% -$60.7M 3.51% 10
2023
Q3 		$860M Sell
15,756,715
-597,189
-4% -$36.2M 2.93% 12
2023
Q2 		$1.06B Sell
16,353,904
-7,294,302
-31% -$412M 3.28% 10
2023
Q1 		$1.13B Sell
23,648,206
-1,154,529
-5% -$50.8M 3.73% 7
2022
Q4 		$861M Buy
24,802,735
+2,222,488
+10% +$75.9M 3.25% 10
2022
Q3 		$608M Sell
22,580,247
-980,495
-4% -$33.4M 2.28% 16
2022
Q2 		$736M Buy
23,560,742
+2,284,932
+11% +$97.6M 2.55% 14
2022
Q1 		$1.44B Buy
21,275,810
+7,247,670
+52% +$595M 3.31% 10
2021
Q4 		$1.93B Buy
14,028,140
+554,850
+4% +$81.1M 3.59% 6
2021
Q3 		$1.83B Buy
13,473,290
+200,760
+2% +$30.1M 3.05% 10
2021
Q2 		$1.94B Buy
13,272,530
+489,330
+4% +$60.3M 3.29% 6
2021
Q1 		$1.41B Buy
12,783,200
+3,924,460
+44% +$474M 2.73% 13
2020
Q4 		$1B Sell
8,858,740
-86,830
-1% -$9.11M 1.9% 19
2020
Q3 		$915M Sell
8,945,570
-479,620
-5% -$47.7M 1.98% 17
2020
Q2 		$895M Sell
9,425,190
-3,147,360
-25% -$218M 2.17% 16
2020
Q1 		$524M Sell
12,572,550
-3,100,900
-20% -$140M 1.75% 21
2019
Q4 		$623M Sell
15,673,450
-584,110
-4% -$19.8M 1.81% 22
2019
Q3 		$507M Sell
16,257,560
-290,190
-2% -$9.94M 1.63% 21
2019
Q2 		$497M Sell
16,547,750
-10,308,660
-38% -$268M 1.48% 23
2019
Q1 		$555M Sell
26,856,410
-168,650
-0.6% -$2.98M 1.71% 22
2018
Q4 		$374M Sell
27,025,060
-933,700
-3% -$13.1M 1.34% 25
2018
Q3 		$460M Sell
27,958,760
-1,460,450
-5% -$22.2M 1.3% 25
2018
Q2 		$429M Sell
29,419,210
-4,228,750
-13% -$59.9M 1.23% 26
2018
Q1 		$419M Sell
33,647,960
-2,141,080
-6% -$27.7M 1.24% 27
2017
Q4 		$361M Sell
35,789,040
-704,900
-2% -$7.22M 1.1% 30
2017
Q3 		$425M Sell
36,493,940
-1,761,350
-5% -$18M 1.27% 26
2017
Q2 		$332M Sell
38,255,290
-201,040
-0.5% -$1.7M 1% 31
2017
Q1 		$262M Buy
+38,456,330
New +$221M 0.82% 33

Other funds holding SHOP

Capital International Investors
Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
Capital World Investors
Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return
Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return
Fidelity International
Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Sands Capital Management's SHOP Position: Q1 2026 in Review

Sands Capital Management reduced its Shopify (SHOP) stake by 6% in Q1 2026, selling an estimated $74.9M and leaving 8,935,666 shares worth $1.06B. The position accounts for 4.16% of the portfolio, ranked #5.

Sands Capital Management first reported a position in SHOP in Q1 2017 and has held it in 37 quarters since. The position peaked at $1.94B in Q2 2021. 1,725 funds tracked by Wall St. Rank hold SHOP as of Q1 2026.

  • Sands Capital Management held 8,935,666 shares of Shopify worth $1.06B as of Q1 2026.
  • Sands Capital Management sold 570,370 Shopify shares in Q1 2026, an estimated $74.9M.
  • Shopify made up 4.16% of Sands Capital Management's portfolio in Q1 2026, its #5 holding.
  • Sands Capital Management first reported a position in Shopify in Q1 2017 and has held it in 37 quarters since.
  • Sands Capital Management's Shopify position peaked at $1.94B in Q2 2021.
  • 1,725 funds tracked by Wall St. Rank held Shopify as of Q1 2026.

Based on Sands Capital Management's 13F filing for Q1 2026, filed 8 May 2026.