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Shopify

1,735 hedge funds and large institutions have $99.1B invested in Shopify in 2026 Q1 according to their latest regulatory filings, with 169 funds opening new positions, 678 increasing their positions, 620 reducing their positions, and 293 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more call options, than puts

Call options by funds: $5.52B | Put options by funds: $3.46B

9% more repeat investments, than reductions

Existing positions increased: 678 | Existing positions reduced: 620

2.3% less ownership

Funds ownership: 70.26%67.96% (-2.3%)

8% less funds holding

Funds holding: 1,8871,735 (-152)

28% less capital invested

Capital invested by funds: $138B → $99.1B (-$39.2B)

32% less funds holding in top 10

Funds holding in top 10: 7148 (-23)

42% less first-time investments, than exits

New positions opened: 169 | Existing positions closed: 293

Holders
1,735
Holders Change
-152
Holders Change %
-8.06%
% of All Funds
21.23%
Holding in Top 10
48
Holding in Top 10 Change
-23
Holding in Top 10 Change %
-32.39%
% of All Funds
0.59%
New
169
Increased
678
Reduced
620
Closed
293
Calls
$5.52B
Puts
$3.46B
Net Calls
+$2.06B
Net Calls Change
+$476M
Name Holding Trade Value Shares
Change
Change in
Stake
MA
2001
Modus Advisors
Minnesota
-$34.3K -213 Closed
NL
2002
Navalign LLC
California
-$34.3K -213 Closed
MSWM
2003
Mowery & Schoenfeld Wealth Management
Illinois
-$29.5K -183 Closed
NWM
2004
Nova Wealth Management
Florida
-$27.4K -170 Closed
EW
2005
Elyxium Wealth
California
-$24.5K -152 Closed
PP
2006
Pingora Partners
Wyoming
-$24.1K -150 Closed
IWM
2007
Inlight Wealth Management
Georgia
-$23.3K -145 Closed
UFPG
2008
United Financial Planning Group
New York
-$22.5K -140 Closed
T2I
2009
Turim 21 Investimentos
Brazil
-$18.8K -117 Closed
IIM
2010
IFC & Insurance Marketing
California
-$18K -110 Closed
LB
2011
Legacy Bridge
Iowa
-$15.8K -98 Closed
FWA
2012
Flagship Wealth Advisors
Massachusetts
-$15K -93 Closed
FFO
2013
Fortitude Family Office
Arizona
-$13.2K -82 Closed
M
2014
MOTCO
Texas
-$11.4K -71 Closed
OC
2015
Optima Capital
Oregon
-$10.5K -65 Closed
RF
2016
Roxbury Financial
New Jersey
-$10.1K -63 Closed
EPG
2017
Estate Planners Group
Pennsylvania
-$9.66K -60 Closed
PCTC
2018
Perkins Coie Trust Company
Washington
-$8.05K -50 Closed
FS
2019
Financially Speaking
Colorado
-$7.08K -44 Closed
TH
2020
TCTC Holdings
Texas
-$6.76K -42 Closed
HIA
2021
HFM Investment Advisors
New Jersey
-$5.79K -36 Closed
FDW
2022
Fourth Dimension Wealth
Ohio
-$4.83K -30 Closed
RFA
2023
Reyes Financial Architecture
California
-$4.67K -29 Closed
LIA
2024
Luken Investment Analytics
Tennessee
-$4.02K -25 Closed
UCB
2025
United Community Bank
South Carolina
-$3.22K -20 Closed

SHOP Hedge Fund Activity: Q1 2026 in Review

1,735 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q1 2026, worth a combined $99.1B — down 28% from $138B a quarter earlier.

Sellers outnumbered buyers: 293 funds closed out of SHOP and 169 opened new positions — a net loss of 124 holders — while 620 trimmed existing stakes and 678 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.

  • 1,735 institutional investors held Shopify (SHOP) as of Q1 2026, down from 1,887 in Q4 2025.
  • Funds reported $99.1B of Shopify stock for Q1 2026, down 28% quarter-over-quarter.
  • 169 funds opened new Shopify positions in Q1 2026 and 293 closed out, a net change of -124 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.