Whale Rock Capital Management’s Shopify SHOP Stock Holding History
Bought
Maintained
Sold
| Quarter | Market Value | Status | Shares |
Change in Stake | Trade Value | Portfolio Weight | Portfolio Position | |
|---|---|---|---|---|---|---|---|---|
|
2025
Q4 | – | Sell |
-765,466
| Closed | -$114M | – | 37 |
|
|
2025
Q3 | $114M | Buy |
+765,466
| New | +$104M | 1.34% | 27 |
|
|
2024
Q1 | – | Sell |
-725,554
| Closed | -$56.5M | – | 42 |
|
|
2023
Q4 | $56.5M | Buy |
+725,554
| New | +$46.3M | 1.01% | 28 |
|
|
2022
Q2 | – | Sell |
-3,182,980
| Closed | -$215M | – | 52 |
|
|
2022
Q1 | $215M | Sell |
3,182,980
-1,572,690
| -33% | -$129M | 2.67% | 16 |
|
|
2021
Q4 | $655M | Sell |
4,755,670
-83,820
| -2% | -$12.2M | 5.54% | 4 |
|
|
2021
Q3 | $656M | Sell |
4,839,490
-591,850
| -11% | -$88.7M | 4.31% | 6 |
|
|
2021
Q2 | $794M | Buy |
5,431,340
+1,179,270
| +28% | +$145M | 5.18% | 2 |
|
|
2021
Q1 | $470M | Sell |
4,252,070
-237,520
| -5% | -$28.7M | 3.87% | 6 |
|
|
2020
Q4 | $508M | Sell |
4,489,590
-2,988,080
| -40% | -$314M | 3.38% | 8 |
|
|
2020
Q3 | $765M | Sell |
7,477,670
-424,480
| -5% | -$42.2M | 5.06% | 2 |
|
|
2020
Q2 | $750M | Buy |
7,902,150
+357,570
| +5% | +$24.8M | 5.98% | 2 |
|
|
2020
Q1 | $315M | Buy |
7,544,580
+493,740
| +7% | +$22.3M | 4.29% | 4 |
|
|
2019
Q4 | $280M | Sell |
7,050,840
-722,050
| -9% | -$24.4M | 4.76% | 4 |
|
|
2019
Q3 | $242M | Sell |
7,772,890
-7,670
| -0.1% | -$263K | 4.47% | 3 |
|
|
2019
Q2 | $234M | Sell |
7,780,560
-2,060,680
| -21% | -$53.6M | 4% | 5 |
|
|
2019
Q1 | $203M | Sell |
9,841,240
-870,000
| -8% | -$15.4M | 3.67% | 9 |
|
|
2018
Q4 | $148M | Sell |
10,711,240
-2,435,890
| -19% | -$34.3M | 4.72% | 7 |
|
|
2018
Q3 | $216M | Sell |
13,147,130
-1,106,640
| -8% | -$16.9M | 4.82% | 5 |
|
|
2018
Q2 | $208M | Sell |
14,253,770
-432,170
| -3% | -$6.12M | 5.95% | 4 |
|
|
2018
Q1 | $183M | Sell |
14,685,940
-1,675,950
| -10% | -$21.7M | 6.22% | 3 |
|
|
2017
Q4 | $165M | Buy |
16,361,890
+3,126,320
| +24% | +$32M | 7.65% | 2 |
|
|
2017
Q3 | $154M | Buy |
13,235,570
+3,625,270
| +38% | +$37M | 8.02% | 2 |
|
|
2017
Q2 | $83.5M | Sell |
9,610,300
-793,070
| -8% | -$6.71M | 5.84% | 4 |
|
|
2017
Q1 | $70.8M | Sell |
10,403,370
-1,499,830
| -13% | -$8.64M | 3.85% | 10 |
|
|
2016
Q4 | $51M | Sell |
11,903,200
-2,125,410
| -15% | -$8.93M | 4.12% | 10 |
|
|
2016
Q3 | $60.2M | Buy |
14,028,610
+4,133,230
| +42% | +$15.8M | 3.88% | 10 |
|
|
2016
Q2 | $30.4M | Buy |
9,895,380
+5,599,060
| +130% | +$16.4M | 2.53% | 15 |
|
|
2016
Q1 | $12.1M | Sell |
4,296,320
-3,239,370
| -43% | -$7.67M | 1.13% | 30 |
|
|
2015
Q4 | $19.4M | Buy |
+7,535,690
| New | +$22.2M | 1.62% | 24 |
|
|
2015
Q3 | – | Sell |
-199,980
| Closed | -$679K | – | 37 |
|
|
2015
Q2 | $679K | Buy |
+199,980
| New | +$625K | 0.06% | 33 |
|
Other funds holding SHOP
Whale Rock Capital Management's SHOP Position: Q4 2025 in Review
Whale Rock Capital Management sold out of Shopify (SHOP) in Q4 2025, closing a stake of 765,466 shares — an estimated $114M sold.
Whale Rock Capital Management first reported a position in SHOP in Q2 2015 and held it in 29 quarters. The position peaked at $794M in Q2 2021. 1,883 funds tracked by Wall St. Rank hold SHOP as of Q4 2025.
- Whale Rock Capital Management reported no remaining Shopify position as of Q4 2025 after selling out during the quarter.
- Whale Rock Capital Management sold 765,466 Shopify shares in Q4 2025, an estimated $114M.
- Whale Rock Capital Management first reported a position in Shopify in Q2 2015 and held it in 29 quarters.
- Whale Rock Capital Management's Shopify position peaked at $794M in Q2 2021.
- 1,883 funds tracked by Wall St. Rank held Shopify as of Q4 2025.
Based on Whale Rock Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.