Shopify
SHOP
1,725 hedge funds and large institutions have $99B invested in Shopify in 2026 Q1 according to their latest regulatory filings, with 168 funds opening new positions, 675 increasing their positions, 616 reducing their positions, and 293 closing their positions.
60% more call options, than puts
Call options by funds: $5.52B | Put options by funds: $3.46B
10% more repeat investments, than reductions
Existing positions increased: 675 | Existing positions reduced: 616
2.34% less ownership
Funds ownership: 70.26% → 67.92% (-2.3%)
8% less funds holding
Funds holding: 1,884 → 1,725 (-159)
28% less capital invested
Capital invested by funds: $138B → $99B (-$39.3B)
34% less funds holding in top 10
Funds holding in top 10: 71 → 47 (-24)
43% less first-time investments, than exits
New positions opened: 168 | Existing positions closed: 293
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$1.54B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$1.28B |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$446M |
| 4 |
Jane Street
New York
|
+$419M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$344M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$2.1B |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$1.86B |
| 3 |
Invesco
Atlanta,
Georgia
|
-$672M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$667M |
| 5 |
Goldman Sachs
New York
|
-$530M |
SHOP Hedge Fund Activity: Q1 2026 in Review
1,725 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q1 2026, worth a combined $99B — down 28% from $138B a quarter earlier.
Sellers outnumbered buyers: 293 funds closed out of SHOP and 168 opened new positions — a net loss of 125 holders — while 616 trimmed existing stakes and 675 added.
The largest buyer was Capital International Investors, adding an estimated $1.54B. The largest seller was JP Morgan Chase, cutting an estimated $2.1B.
- 1,725 institutional investors held Shopify (SHOP) as of Q1 2026, down from 1,884 in Q4 2025.
- Funds reported $99B of Shopify stock for Q1 2026, down 28% quarter-over-quarter.
- 168 funds opened new Shopify positions in Q1 2026 and 293 closed out, a net change of -125 holders.
- The largest Shopify buyer in Q1 2026 was Capital International Investors, an estimated $1.54B added.
- The largest Shopify seller in Q1 2026 was JP Morgan Chase, an estimated $2.1B sold.
Based on aggregated 13F filings for Q1 2026.