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Shopify

1,723 hedge funds and large institutions have $96B invested in Shopify in 2026 Q1 according to their latest regulatory filings, with 168 funds opening new positions, 674 increasing their positions, 616 reducing their positions, and 293 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less ownership

Funds ownership:

less funds holding

Funds holding:

28% less capital invested

Capital invested by funds: $134B → $96B (-$37.9B)

34% less funds holding in top 10

Funds holding in top 10: 7147 (-24)

43% less first-time investments, than exits

New positions opened: 168 | Existing positions closed: 293

Holders
1,723
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
47
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.52B
Puts
$3.46B
Net Calls
Net Calls Change

Top Buyers

1 +$1.54B
2 +$1.28B
3 +$446M
4
Jane Street
Jane Street
New York
+$419M
5
Wellington Management Group
Wellington Management Group
Massachusetts
+$344M

Top Sellers

1 -$2.1B
2 -$1.86B
3 -$667M
4
Goldman Sachs
Goldman Sachs
New York
-$530M
5
Invesco
Invesco
Georgia
-$444M
Name Holding Trade Value Shares
Change
Change in
Stake
Select Equity Group
201
Select Equity Group
New York
$28M
TIM
202
Thornburg Investment Management
New Mexico
$27.7M
Pathstone Holdings
203
Pathstone Holdings
New Jersey
$27.7M
Millennium Management
204
Millennium Management
New York
$27.6M
O
205
Ossiam
France
$27.3M
GIP
206
Gavilan Investment Partners
California
$27.3M
Janney Montgomery Scott
207
Janney Montgomery Scott
Pennsylvania
$27.2M
Principal Financial Group
208
Principal Financial Group
Iowa
$26.3M
QCM
209
Quantinno Capital Management
New York
$26.3M
MML Investors Services
210
MML Investors Services
Massachusetts
$26.2M
AssetMark Inc
211
AssetMark Inc
California
$26M
SAM
212
SEB Asset Management
$25.7M
Northwestern Mutual Wealth Management
213
Northwestern Mutual Wealth Management
Wisconsin
$25.4M
Capital Fund Management (CFM)
214
Capital Fund Management (CFM)
France
$25.2M
TCP
215
ThornTree Capital Partners
Massachusetts
$25.1M
SLAM
216
Swiss Life Asset Management
$24.7M
PCM
217
Peregrine Capital Management
Minnesota
$24.5M
UBP
218
Union Bancaire Privee
Switzerland
$24.3M
IIM
219
INTECH Investment Management
Florida
$24.3M
BCM
220
Brown Capital Management
Maryland
$23.9M
BAAM
221
Baker Avenue Asset Management
California
$23.7M
MGM
222
Manchester Global Management
United Kingdom
$23.7M
ACG
223
Ampersand Capital Group
California
$23.7M
ICP
224
Islander Capital Partners
California
$23.2M
VMPIC
225
Varma Mutual Pension Insurance Co
Finland
$22.6M