The largest holder of Shopify stock is Capital Research & Management Co. (International Investors), with 54.9 million shares (4.50% of the company), worth about $8.09 billion as of September 25, 2026. The 10 largest holders together own 27.1%.
In Q2 2026, 1,843 institutional holdings reports listed 838.0 million shares worth $95.00 billion, up 0.5% in shares from Q1 2026.
Insiders reported 91 transactions in the last two years: no sales and no purchases. The newest one on file is from May 7, 2026 (Lutke (Tobias Albin), Director of Issuer).
Major holders as of September 25, 2026; quarterly totals from institutional holdings reports (latest Q2 2026); insider transactions on file through May 7, 2026.

2026Q2
| Holder | Shares | % of company | Value |
|---|---|---|---|
| Capital Research & Management Co. (International Investors) | 54.9 million | 4.50% | $8.1B |
| Fidelity Management & Research Co. LLC | 47.2 million | 3.87% | $7.0B |
| Invesco Advisers, Inc. | 36.6 million | 3.00% | $5.4B |
| Vanguard Capital Management LLC | 34.1 million | 2.80% | $5.0B |
| Capital Research & Management Co. (World Investors) | 34.1 million | 2.79% | $5.0B |
| Baillie Gifford & Co. | 28.4 million | 2.33% | $4.2B |
| Eaton Vance Management | 25.5 million | 2.09% | $3.8B |
| Royal Trust Corporation of Canada | 25.4 million | 2.08% | $3.7B |
| T. Rowe Price International Ltd. | 24.8 million | 2.03% | $3.6B |
| Fidelity Investments Canada ULC | 19.3 million | 1.58% | $2.8B |
As of September 25, 2026.
| Quarter | Reports | Shares | Value |
|---|---|---|---|
| Q2 2026 | 1,843 | 838.0 million | $95.0B |
| Q1 2026 | 1,856 | 834.0 million | $99.2B |
| Q4 2025 | 2,012 | 862.0 million | $139.0B |
| Q3 2025 | 1,858 | 864.0 million | $129.0B |
| Q2 2025 | 1,674 | 868.0 million | $100.0B |
| Q1 2025 | 1,588 | 849.0 million | $81.1B |
| Q4 2024 | 1,608 | 849.0 million | $90.4B |
| Q3 2024 | 1,384 | 849.0 million | $68.1B |
Shares and value held by institutions that file quarterly holdings reports (options not included).
| Insider | Date | Title | Transaction | Value |
|---|---|---|---|---|
| Lutke (Tobias Albin) | May 7, 2026 | Director of Issuer | Disposition under a purchase/ownership plan at price 110.01 per share. | $1.7M |
| Lutke (Tobias Albin) | May 7, 2026 | Director of Issuer | Disposition under a purchase/ownership plan at price 110.01 per share. | $330,024 |
| Goodman (Gail Faye) | May 5, 2026 | Director of Issuer | Exercise of options at price 3.97 per share. | $4,766 |
| Goodman (Gail Faye) | May 5, 2026 | Director of Issuer | Disposition under a purchase/ownership plan at price 115.42 per share. | $138,504 |
| Finkelstein (Harley Michael) | May 4, 2026 | Senior Officer of Issuer | Disposition under a purchase/ownership plan at price 126.86 per share. | $85,631 |
| Shopify Inc | Apr 30, 2026 | Issuer | Redemption, retraction, cancelation, repurchase at price 120.75 per share. | $18.4M |
| Shopify Inc | Apr 30, 2026 | Issuer | -- | – |
| Lutke (Tobias Albin) | Apr 29, 2026 | Director of Issuer | Disposition under a purchase/ownership plan at price 121.07 per share. | $7.3M |
| Lutke (Tobias Albin) | Apr 29, 2026 | Director of Issuer | Disposition under a purchase/ownership plan at price 121.07 per share. | $1.5M |
| Shopify Inc | Apr 29, 2026 | Issuer | Redemption, retraction, cancelation, repurchase at price 120.71 per share. | $17.2M |
| Shopify Inc | Apr 29, 2026 | Issuer | -- | – |
| Hoffmeister (Jeff) | Apr 28, 2026 | Senior Officer of Issuer | -- | – |
Newest 12 of 91 insider transactions in the last two years.
Capital Research & Management Co. (International Investors), with 4.50% of the company (as of September 25, 2026). Next: Fidelity Management & Research Co. LLC (3.87%) and Invesco Advisers, Inc. (3.00%).
1,843 institutional holdings reports listed Shopify shares in Q2 2026, 838.0 million shares in all worth $95.00 billion.
In the last two years insiders reported no sales and no purchases (91 transactions in all); the newest on file is from May 7, 2026.