SHOP Shopify Inc.

NASDAQ
$142.25

Shopify Inc. (SHOP) Hedge Fund Activity

This view isolates hedge funds from the broader institutional ownership shown on the Institutional tab. A pension fund tracking an index may have no view on a stock; when a hedge fund builds or exits a position, that decision can carry information. This page measures those changes. Positions as of June 30, 2026.

Based on quarterly 13F long-equity filings. Changes compare reported quarter-end positions; filings can be reported up to 45 days later and do not represent a fund's complete exposure.

Hedge fund breadth
+13.21
30 buyers / 23 sellers
BUYING
Funds compared
54
funds with comparable SHOP positions
44 current holders · 41 prior-quarter holders
Net share change
+5.50M
+8.20M added, -2.70M cut
Position activity
13 new 17 increased 13 reduced 10 exited

Most significant moves

Ranked by conviction, not size — how much of the fund's own book the position represents, how far it moved, and what kind of fund made it.

Fund Action Shares changed Change Est. value Portfolio wt. Score
Durable Capital Partners Growth Increased +1.36M +140.3% $155.7M 2.6% 74
SurgoCap Partners Long/Short Growth Sold Out -515.7K -100.0% $58.9M 0.0% 74
Steadfast Capital Management Long/Short Sold Out -474.0K -100.0% $54.1M 0.0% 72
D1 Capital Partners L.P. New +830.9K — $94.9M 0.3% 68
ExodusPoint Capital Management Long/Short Quant New +976.6K — $111.5M 1.0% 65
Balyasny Asset Management L.P. New +609.0K — $69.5M 0.1% 64
Foxhaven Asset Management Long/Short Growth New +89.3K — $10.2M 0.3% 64
Ilex Capital Partners Long/Short Sold Out -148.9K -100.0% $17.0M 0.0% 61
CITADEL ADVISORS LLC Quant Increased +1.64M +391.1% $187.8M 0.2% 61
ADAGE CAPITAL PARTNERS GP, L.L.C. New +200.0K — $22.8M 0.0% 60

Most significant buyers

By move score, not size.

  • Durable Capital Partners Increased · +1.36M
  • D1 Capital Partners L.P. New · +830.9K
  • ExodusPoint Capital Management New · +976.6K
  • Balyasny Asset Management L.P. New · +609.0K
  • Foxhaven Asset Management New · +89.3K

Most significant sellers

By move score, not size.

  • SurgoCap Partners Sold Out · -515.7K
  • Steadfast Capital Management Sold Out · -474.0K
  • Ilex Capital Partners Sold Out · -148.9K
  • Y-Intercept Sold Out · -95.6K
  • Moore Capital Management Sold Out · -6.8K

Hedge fund positions

Fund Tier Shares Previous Change Change % Portfolio wt. Action Score
Durable Capital Partners 1 2.3M 971.8K +1.36M +140.3% 2.6% Increased 74
SurgoCap Partners 2 0 515.7K -515.7K -100.0% 0.0% Sold Out 74
Steadfast Capital Management 2 0 474.0K -474.0K -100.0% 0.0% Sold Out 72
D1 Capital Partners L.P. 1 830.9K 0 +830.9K — 0.3% New 68
ExodusPoint Capital Management 3 976.6K 0 +976.6K — 1.0% New 65
Balyasny Asset Management L.P. 2 609.0K 0 +609.0K — 0.1% New 64
Foxhaven Asset Management 1 89.3K 0 +89.3K — 0.3% New 64
Ilex Capital Partners 2 0 148.9K -148.9K -100.0% 0.0% Sold Out 61
CITADEL ADVISORS LLC 1 2.1M 420.5K +1.64M +391.1% 0.2% Increased 61
ADAGE CAPITAL PARTNERS GP, L.L.C. 2 200.0K 0 +200.0K — 0.0% New 60
Sona Asset Management 3 55.0K 0 +55.0K — 0.5% New 56
Schonfeld Strategic Advisors 3 92.5K 0 +92.5K — 0.1% New 55
Prana Capital Management 3 9.3K 0 +9.3K — 0.0% New 55
Armistice Capital 3 11.0K 0 +11.0K — 0.0% New 55
TWO SIGMA INVESTMENTS, LP 2 252.2K 124.2K +128.0K +103.1% 0.0% Increased 55
Aquatic Capital Management 4 89.7K 0 +89.7K — 0.4% New 54
Y-Intercept 4 0 95.6K -95.6K -100.0% 0.0% Sold Out 53
Qube Research & Technologies Ltd 2 274.7K 88.3K +186.4K +211.3% 0.0% Increased 53
Polar Asset Management Partners 3 263 0 +263 — 0.0% New 53
Squarepoint Ops LLC 2 288.4K 6.9K +281.5K +4056.6% 0.1% Increased 53
Capital Fund Management 3 481.7K 212.1K +269.6K +127.1% 0.4% Increased 53
Caption Management 3 14.3K 0 +14.3K — 0.1% New 52
Moore Capital Management 3 0 6.8K -6.8K -100.0% 0.0% Sold Out 52
Jain Global 3 0 5.6K -5.6K -100.0% 0.0% Sold Out 52
D. E. Shaw & Co., Inc. 1 2.4M 1.5M +939.8K +64.6% 0.2% Increased 52
Engineers Gate 4 0 48.9K -48.9K -100.0% 0.0% Sold Out 50
Parallax Volatility Advisers 3 6.9K 0 +6.9K — 0.0% New 50
Cinctive Capital Management 3 0 6.9K -6.9K -100.0% 0.0% Sold Out 50
Graham Capital Management 3 0 4.1K -4.1K -100.0% 0.0% Sold Out 49
Quadrature Capital 3 58.6K 23.6K +35.0K +148.4% 0.1% Increased 49
Boothbay Fund Management 4 0 7.5K -7.5K -100.0% 0.0% Sold Out 49
MARSHALL WACE, LLP 2 1.6M 2.5M -908.4K -35.7% 0.2% Reduced 44
Readystate Asset Management 3 54.3K 120.4K -66.1K -54.9% 0.4% Reduced 42
Saba Capital Management 3 42.6K 70.6K -28.0K -39.7% 0.3% Reduced 37
Voloridge Investment Management 2 308.6K 473.9K -165.3K -34.9% 0.2% Reduced 36
Select Equity Group 1 291.8K 235.7K +56.1K +23.8% 0.2% Increased 36
AQR Capital Management 3 366.1K 250.0K +116.1K +46.4% 0.0% Increased 35
Centiva Capital 4 8.5K 19.6K -11.1K -56.6% 0.0% Reduced 34
Hudson Bay Capital Management 3 1.1M 950.0K +116.0K +12.2% 0.7% Increased 33
Tremblant Capital Group 2 155.6K 138.4K +17.2K +12.4% 0.5% Increased 33
WORLDQUANT MILLENNIUM ADVISORS LLC 2 33.4K 25.9K +7.5K +29.1% 0.0% Increased 32
Winton Group 4 79.5K 132.1K -52.6K -39.8% 0.3% Reduced 32
Trexquant Investment 3 51.0K 83.4K -32.4K -38.8% 0.0% Reduced 32
Capula Management 2 25.7K 34.2K -8.4K -24.7% 0.0% Reduced 31
Capstone Investment Advisors 3 4.9K 7.2K -2.4K -32.9% 0.0% Reduced 30
MILLENNIUM MANAGEMENT LLC 2 247.1K 233.0K +14.1K +6.1% 0.0% Increased 30
Man Group 3 227.9K 303.9K -76.0K -25.0% 0.0% Reduced 30
Verition Fund Management 2 8.7K 11.6K -2.9K -25.0% 0.0% Reduced 29
Tudor Investment Corporation 2 244.9K 279.3K -34.5K -12.3% 0.1% Reduced 29
Voleon Capital Management 3 119.6K 103.7K +15.9K +15.4% 0.2% Increased 27
Walleye Capital 3 293.4K 266.5K +26.8K +10.1% 0.3% Increased 26
Gotham Asset Management, LLC 2 17.0K 17.0K -15 -0.1% 0.0% Reduced 23
Quantbot Technologies 4 12.6K 11.7K +864 +7.4% 0.1% Increased 16
LMR Partners 3 21.0K 21.0K 0 +0.0% 0.0% Unchanged 17

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Hedge funds are identified from their 13F filings, which are due 45 days after quarter end and cover long U.S.-listed equity positions only. A fund's short book never appears, so a reduced position can mean a changed view or a changed hedge — the filing doesn't say which.