Shopify Inc. (SHOP) Ownership
SHOP ownership summary
as of October 18, 2026- Institutions
- 73.3% of shares outstanding
- Insiders
- 0.23% of shares outstanding
- Shares outstanding
- 1.22B
- Float
- 1.21B shares available to trade
- Short interest
- 1.67% 20.2M shares short
- Days to cover
- 1.95 short interest up 22.6% vs prior month
- Institutions 73.29%
- Insiders 0.23%
- Other investors 26.48%
SHOP top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Capital Research & Mgmt Co - Division 3 | 4.27% | 54.9M | $9.31B | +4.8M (+9.7%) | June 30, 2026 |
| 2 | FMR Inc | 3.67% | 47.2M | $8.00B | +1.3M (+2.9%) | June 30, 2026 |
| 3 | Amvescap Plc. | 2.84% | 36.6M | $6.20B | +191,668 (+0.5%) | June 30, 2026 |
| 4 | Vanguard Capital Management, LLC | 2.65% | 34.1M | $5.79B | +397,954 (+1.2%) | June 30, 2026 |
| 5 | Capital World Investors | 2.65% | 34.1M | $5.78B | +390,700 (+1.2%) | June 30, 2026 |
| 6 | Baillie Gifford & Co Limited. | 2.21% | 28.4M | $4.81B | −618,241 (−2.1%) | June 30, 2026 |
| 7 | Morgan Stanley - Brokerage Accounts | 1.98% | 25.5M | $4.33B | +812,368 (+3.3%) | June 30, 2026 |
| 8 | T. Rowe Price Associates, Inc. | 1.92% | 24.8M | $4.20B | −265,093 (−1.1%) | June 30, 2026 |
| 9 | Royal Bank of Canada | 1.83% | 23.5M | $3.99B | +1.9M (+8.7%) | June 30, 2026 |
| 10 | Fidelity International Ltd | 1.50% | 19.3M | $3.27B | +1.0M (+5.8%) | June 30, 2026 |
| 11 | NORGES BANK | 1.28% | 16.4M | $2.78B | +185,779 (+1.1%) | June 30, 2026 |
| 12 | JPMorgan Chase & Co | 1.18% | 15.2M | $2.58B | −2.2M (−12.8%) | June 30, 2026 |
| 13 | Loomis, Sayles & Company LP | 1.12% | 14.4M | $2.44B | +4,741 (+0.0%) | June 30, 2026 |
| 14 | Geode Capital Management, LLC | 1.11% | 14.3M | $2.43B | +1.4M (+11.1%) | June 30, 2026 |
| 15 | Bank of Montreal | 1.07% | 13.8M | $2.33B | +716,344 (+5.5%) | June 30, 2026 |
| 16 | BMO Capital Markets Corp. | 1.07% | 13.8M | $2.33B | +716,344 (+5.5%) | June 30, 2026 |
| 17 | Wellington Management Company LLP | 0.92% | 11.9M | $2.01B | +2.8M (+30.7%) | June 30, 2026 |
| 18 | Bank of America Corp | 0.89% | 11.4M | $1.94B | +259,095 (+2.3%) | June 30, 2026 |
| 19 | BAMCO Inc | 0.87% | 11.2M | $1.89B | +6.4M (+136.4%) | June 30, 2026 |
| 20 | Vanguard Fiduciary Trust Co | 0.84% | 10.9M | $1.84B | +87,202 (+0.8%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 17 holders added 23.5M shares and 3 cut 3.1M.
SHOP top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Invesco QQQ Trust | 1.96% | 25.2M | $4.28B | −41,162 (−0.2%) | September 30, 2026 |
| 2 | American Funds Growth Fd of Amer A | 1.85% | 23.8M | $4.03B | −7.6M (−24.2%) | September 30, 2026 |
| 3 | Vanguard Total Intl Stock Index Inv | 1.40% | 18.1M | $3.06B | +18,322 (+0.1%) | August 31, 2026 |
| 4 | American Funds New Perspective A | 1.15% | 14.9M | $2.52B | −867,397 (−5.5%) | September 30, 2026 |
| 5 | Vanguard Developed Markets Index Admiral | 0.93% | 12.0M | $2.03B | −41,930 (−0.3%) | September 30, 2026 |
| 6 | American Funds Fundamental Invs A | 0.76% | 9.8M | $1.66B | −2.1M (−17.8%) | September 30, 2026 |
| 7 | iShares Core S&P/TSX Cap Composite ETF | 0.65% | 8.4M | $1.42B | −48,672 (−0.6%) | September 30, 2026 |
| 8 | Fidelity Contrafund | 0.61% | 7.8M | $1.32B | +234,340 (+3.1%) | August 31, 2026 |
| 9 | iShares S&P/TSX 60 ETF | 0.54% | 6.9M | $1.18B | +180,641 (+2.7%) | September 30, 2026 |
| 10 | Fidelity SAI Canada Equity Index | 0.51% | 6.5M | $1.10B | +176,150 (+2.8%) | August 31, 2026 |
| 11 | Vanguard US Growth Investor | 0.50% | 6.5M | $1.10B | +428,024 (+7.1%) | June 30, 2026 |
| 12 | Baron Partners Retail | 0.47% | 6.0M | $1.02B | −224,040 (−3.6%) | September 30, 2026 |
| 13 | Invesco NASDAQ 100 ETF | 0.43% | 5.6M | $941.9M | +12,936 (+0.2%) | September 30, 2026 |
| 14 | Fidelity Canadian Growth Company Sr B | 0.43% | 5.5M | $936.9M | −1.1M (−17.2%) | June 30, 2026 |
| 15 | American Funds IS® Growth 1 | 0.39% | 5.0M | $850.3M | −2.0M (−28.5%) | September 30, 2026 |
| 16 | American Funds EUPAC A | 0.36% | 4.6M | $779.1M | −118,747 (−2.5%) | September 30, 2026 |
| 17 | JPMorgan BetaBuilders Canada ETF | 0.34% | 4.4M | $748.7M | +18,297 (+0.4%) | September 30, 2026 |
| 18 | BMO S&P/TSX Capped Composite ETF | 0.34% | 4.4M | $741.1M | — | September 17, 2026 |
| 19 | Vanguard FTSE Canada All Cap ETF | 0.34% | 4.3M | $732.8M | +50,536 (+1.2%) | September 30, 2026 |
| 20 | American Funds New Economy A | 0.29% | 3.8M | $641.7M | — | September 30, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
SHOP shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns SHOP
Institutional investors own 73.3% of Shopify's shares and insiders 0.23%. The largest holder is Capital Research & Mgmt Co - Division 3 with 4.27% of the shares (54.9M), as of June 30, 2026. Among the top 20 institutions, 17 added shares and 3 reduced their stake in the latest filings. Short interest is 1.67% of the float, or 1.95 days of average trading volume. The share count rose 95.9% since 2014.
Related: SHOP analyst forecast, SHOP key metrics. See the SHOP stock overview for the latest quote and news.
SHOP ownership FAQ
Who owns the most Shopify stock?
The largest shareholders of Shopify are Capital Research & Mgmt Co - Division 3 (4.27%), FMR Inc (3.67%), Amvescap Plc. (2.84%), Vanguard Capital Management, LLC (2.65%), Capital World Investors (2.65%).
What percentage of Shopify is owned by institutions?
Institutions hold 73.3% of Shopify's shares outstanding; insiders hold 0.23%.
Which funds own Shopify?
The largest fund holders of Shopify are Invesco QQQ Trust (1.96%), American Funds Growth Fd of Amer A (1.85%), Vanguard Total Intl Stock Index Inv (1.40%), American Funds New Perspective A (1.15%), Vanguard Developed Markets Index Admiral (0.93%).
What is Shopify's short interest?
20.2M shares of Shopify were sold short, 1.67% of the float; at the average daily volume it would take 1.95 days to cover.
How many shares of Shopify are outstanding?
Shopify has 1.22B shares outstanding, of which 1.21B are in the public float.