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Shopify

1,718 hedge funds and large institutions have $123B invested in Shopify in 2025 Q3 according to their latest regulatory filings, with 276 funds opening new positions, 559 increasing their positions, 621 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

233% more first-time investments, than exits

New positions opened: 276 | Existing positions closed: 83

48% more funds holding in top 10

Funds holding in top 10: 4871 (+23)

36% more call options, than puts

Call options by funds: $4.52B | Put options by funds: $3.32B

27% more capital invested

Capital invested by funds: $97.4B → $123B (+$26B)

10% more funds holding

Funds holding: 1,5551,718 (+163)

10% less repeat investments, than reductions

Existing positions increased: 559 | Existing positions reduced: 621

1.29% less ownership

Funds ownership: 69.27%67.98% (-1.3%)

Holders
1,718
Holders Change
+163
Holders Change %
+10.48%
% of All Funds
22.55%
Holding in Top 10
71
Holding in Top 10 Change
+23
Holding in Top 10 Change %
+47.92%
% of All Funds
0.93%
New
276
Increased
559
Reduced
621
Closed
83
Calls
$4.52B
Puts
$3.32B
Net Calls
+$1.19B
Net Calls Change
+$458M
Name Holding Trade Value Shares
Change
Change in
Stake
WMA
1376
Wealth Management Associates
New Jersey
$256K +$233K +1,722 New
BCMLT
1377
Beacon Capital Management LLC (Tennessee)
Tennessee
$255K -$187K -1,377 -44%
EWA
1378
Evolution Wealth Advisors
Florida
$253K +$231K +1,703 New
PAG
1379
Private Advisory Group
Washington
$253K +$231K +1,703 New
LIM
1380
Loudon Investment Management
New Hampshire
$253K +$230K +1,700 New
WC
1381
Waterloo Capital
Texas
$252K -$19.4K -143 -8%
MW
1382
Maia Wealth
Colorado
$251K -$137K -1,011 -39%
RDWM
1383
Red Door Wealth Management
Tennessee
$250K +$228K +1,682 New
FFA
1384
Founders Financial Alliance
North Carolina
$250K +$228K +1,681 New
MWP
1385
Momentum Wealth Planning
Florida
$250K -$285K -2,104 -56%
FFC
1386
Frederick Financial Consultants
Maryland
$248K +$226K +1,670 New
BBWA
1387
Bell & Brown Wealth Advisors
California
$247K +$226K +1,665 New
BWCS
1388
Beirne Wealth Consulting Services
Connecticut
$246K +$225K +1,656 New
XF
1389
XML Financial
Maryland
$246K +$224K +1,655 New
BWP
1390
Balboa Wealth Partners
Arizona
$246K +$224K +1,652 New
KG
1391
Kieckhefer Group
Wisconsin
$245K +$224K +1,650 New
ISL
1392
Ingalls & Snyder LLC
New York
$245K +$224K +1,650 New
SPWG
1393
Syntegra Private Wealth Group
Missouri
$244K +$223K +1,644 New
OHWP
1394
Oak Harbor Wealth Partners
North Carolina
$243K +$222K +1,636 New
RTC
1395
Real Talk Capital
Tennessee
$243K +$222K +1,636 New
HWA
1396
HCR Wealth Advisors
California
$243K -$27.1K -200 -11%
CC
1397
Chicago Capital
Illinois
$243K -$60.1K -443 -21%
EFS
1398
Essex Financial Services
Connecticut
$242K -$539K -3,979 -71%
KGC
1399
Kennon-Green & Company
Ohio
$241K +$220K +1,624 New
NW
1400
Naviter Wealth
Arkansas
$241K +$220K +1,624 New

SHOP Hedge Fund Activity: Q3 2025 in Review

1,718 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2025, worth a combined $123B — up 27% from $97.4B a quarter earlier.

Buyers outnumbered sellers: 276 funds opened new SHOP positions and 83 closed out — a net gain of 193 holders — while 559 added to existing stakes and 621 trimmed.

The largest buyer was Jennison Associates, adding an estimated $1B. The largest seller was T. Rowe Price Associates, cutting an estimated $711M.

  • 1,718 institutional investors held Shopify (SHOP) as of Q3 2025, up from 1,555 in Q2 2025.
  • Funds reported $123B of Shopify stock for Q3 2025, up 27% quarter-over-quarter.
  • 276 funds opened new Shopify positions in Q3 2025 and 83 closed out, a net change of +193 holders.
  • The largest Shopify buyer in Q3 2025 was Jennison Associates, an estimated $1B added.
  • The largest Shopify seller in Q3 2025 was T. Rowe Price Associates, an estimated $711M sold.

Based on aggregated 13F filings for Q3 2025.