T. Rowe Price Associates’s Shopify SHOP Stock Holding History

T. Rowe Price 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	$2.97B	Buy	25,016,858 +1,485,436	+6%	+$195M	0.34%	51
2025 Q4	$3.79B	Sell	23,531,422 -2,901,717	-11%	-$466M	0.41%	37
2025 Q3	$3.93B	Sell	26,433,139 -5,240,796	-17%	-$711M	0.42%	35
2025 Q2	$3.65B	Sell	31,673,935 -2,335,031	-7%	-$234M	0.41%	34
2025 Q1	$3.25B	Sell	34,008,966 -7,892,382	-19%	-$860M	0.4%	41
2024 Q4	$4.46B	Sell	41,901,348 -5,867,693	-12%	-$571M	0.51%	29
2024 Q3	$3.83B	Buy	47,769,041 +2,241,878	+5%	+$155M	0.44%	41
2024 Q2	$3.01B	Buy	45,527,163 +11,287,638	+33%	+$749M	0.36%	53
2024 Q1	$2.64B	Buy	34,239,525 +5,982,434	+21%	+$473M	0.32%	60
2023 Q4	$2.2B	Sell	28,257,091 -3,739,568	-12%	-$239M	0.3%	71
2023 Q3	$1.75B	Sell	31,996,659 -1,550,208	-5%	-$93.9M	0.26%	79
2023 Q2	$2.17B	Buy	33,546,867 +4,756,025	+17%	+$269M	0.3%	59
2023 Q1	$1.38B	Buy	28,790,842 +4,193,801	+17%	+$185M	0.21%	104
2022 Q4	$854M	Sell	24,597,041 -7,501,453	-23%	-$256M	0.14%	153
2022 Q3	$865M	Buy	32,098,494 +1,094,722	+4%	+$37.2M	0.14%	145
2022 Q2	$968M	Sell	31,003,772 -4,044,728	-12%	-$173M	0.12%	181
2022 Q1	$2.37B	Buy	35,048,500 +1,802,550	+5%	+$148M	0.24%	86
2021 Q4	$4.58B	Buy	33,245,950 +1,724,630	+5%	+$252M	0.41%	39
2021 Q3	$4.27B	Buy	31,521,320 +3,010,630	+11%	+$451M	0.4%	40
2021 Q2	$4.17B	Buy	28,510,690 +790,310	+3%	+$97.4M	0.39%	42
2021 Q1	$3.07B	Buy	27,720,380 +1,343,840	+5%	+$162M	0.31%	65
2020 Q4	$2.99B	Sell	26,376,540 -1,616,770	-6%	-$170M	0.31%	64
2020 Q3	$2.86B	Buy	27,993,310 +8,433,250	+43%	+$838M	0.33%	56
2020 Q2	$1.86B	Buy	19,560,060 +591,710	+3%	+$41.1M	0.23%	91
2020 Q1	$790M	Sell	18,968,350 -7,210,310	-28%	-$325M	0.12%	173
2019 Q4	$1.04B	Sell	26,178,660 -6,512,710	-20%	-$220M	0.14%	161
2019 Q3	$1.02B	Sell	32,691,370 -2,462,580	-7%	-$84.3M	0.14%	158
2019 Q2	$1.06B	Sell	35,153,950 -13,010,100	-27%	-$339M	0.15%	153
2019 Q1	$995M	Sell	48,164,050 -183,330	-0.4%	-$3.24M	0.15%	152
2018 Q4	$669M	Sell	48,347,380 -367,110	-0.8%	-$5.17M	0.11%	194
2018 Q3	$801M	Sell	48,714,490 -16,140,240	-25%	-$246M	0.12%	187
2018 Q2	$946M	Sell	64,854,730 -4,010,510	-6%	-$56.8M	0.14%	155
2018 Q1	$858M	Sell	68,865,240 -1,169,080	-2%	-$15.1M	0.14%	169
2017 Q4	$708M	Buy	70,034,320 +24,324,430	+53%	+$249M	0.11%	193
2017 Q3	$532M	Buy	45,709,890 +9,568,490	+26%	+$97.7M	0.09%	235
2017 Q2	$314M	Sell	36,141,400 -5,204,600	-13%	-$44M	0.06%	337
2017 Q1	$282M	Sell	41,346,000 -263,650	-0.6%	-$1.52M	0.05%	352
2016 Q4	$178M	Sell	41,609,650 -300,420	-0.7%	-$1.26M	0.04%	443
2016 Q3	$180M	Buy	41,910,070 +10,996,140	+36%	+$42M	0.04%	453
2016 Q2	$95.1M	Sell	30,913,930 -2,040,360	-6%	-$5.96M	0.02%	581
2016 Q1	$93M	Buy	32,954,290 +21,691,100	+193%	+$51.4M	0.02%	572
2015 Q4	$29.1M	Buy	11,263,190 +7,294,190	+184%	+$21.5M	0.01%	966
2015 Q3	$14M	Sell	3,969,000 -44,500	-1%	-$141K	﹤0.01%	1215
2015 Q2	$13.6M	Buy	+4,013,500	New	+$12.5M	﹤0.01%	1259

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

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

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

T. Rowe Price Associates's SHOP Position: Q1 2026 in Review

T. Rowe Price Associates increased its Shopify (SHOP) stake by 6.3% in Q1 2026, buying an estimated $195M and bringing the position to 25,016,858 shares worth $2.97B. The position accounts for 0.34% of the portfolio, ranked #51.

T. Rowe Price Associates first reported a position in SHOP in Q2 2015 and has held it in 44 quarters since. The position peaked at $4.58B in Q4 2021. 1,725 funds tracked by Wall St. Rank hold SHOP as of Q1 2026.

T. Rowe Price Associates held 25,016,858 shares of Shopify worth $2.97B as of Q1 2026.
T. Rowe Price Associates bought 1,485,436 Shopify shares in Q1 2026, an estimated $195M.
Shopify made up 0.34% of T. Rowe Price Associates's portfolio in Q1 2026, its #51 holding.
T. Rowe Price Associates first reported a position in Shopify in Q2 2015 and has held it in 44 quarters since.
T. Rowe Price Associates's Shopify position peaked at $4.58B in Q4 2021.
1,725 funds tracked by Wall St. Rank held Shopify as of Q1 2026.

Based on T. Rowe Price Associates's 13F filing for Q1 2026, filed 15 May 2026.