Institutional HoldersBeta

Who holds a company, from every 13F filed for the quarter, one row per filer exactly as filed, against the latest share count the company reported.

SHOPIFY INC.

CIK 0001594805SHOP· quarter ending 2026-06-30

Shares outstanding

1,286,643,932

as of 2026-07-31 · 10-Q cover page, filed 2026-08-05

Held by 13F filers

836,131,020

69.2% of Common Class A

Holders

1,718

-23 vs 2026-03-31 · 156 new, 179 exited

Value

$94.6B

shares +0.2% vs prior quarter

Share classes (cover page of the 10-Q filed 2026-08-05, as of 2026-07-31)

Class	Listed	Shares outstanding	Held by 13F filers	% of class	Holders	CUSIP
Common Class A	SHOP · NASDAQ	1,208,570,347	836,131,020	69.2%	1,718	82509L107
Common Class B	not listed	78,073,584	—	—
Founder Share	not listed	1	—	—

Each class is compared with its own share count; classes are not added together. A class that is not exchange-listed cannot be held by 13F filers.

Securities (CUSIPs held in 13F this quarter)

tick to combine

Count	CUSIP	Class (as filers write it)	Holders	Shares held	Class shares	% of class	Value	Options	Mapped via
	82509L107	CL A SUB VTG SHS	1,718	836,131,020	1,208,570,347	69.2%	$94.6B	50 call / 55 put	13DG	holders →
	82509L958	EQUITYnot common	1	164,570	—	—	$18.8M	—	prefix	holders →

Totals combine the ticked CUSIPs and update as you tick: common-stock classes by default; preferreds, notes, warrants and depositary shares are listed but not counted. "holders →" shows a single CUSIP on its own. Bonds are held as a principal amount, not shares. Options positions are never counted as holdings. 1 further CUSIPs map to this company (mostly bonds) but no 13F filer held them this quarter.

Top holders (250 of 1,718 · 82509L107)

change vs 2026-03-31

#	Filer	Shares	% of class	Value	Change
1	Capital International Investors	54,893,641	4.54%	$6.3B	+4,833,553 (+9.7%)
2	FMR LLC	47,175,518	3.90%	$5.4B	+1,341,034 (+2.9%)
3	Invesco Ltd.	36,570,929	3.03%	$4.2B	+191,668 (+0.5%)
4	VANGUARD CAPITAL MANAGEMENT LLC	34,133,098	2.82%	$3.9B	+397,954 (+1.2%)
5	Capital World Investors	34,087,544	2.82%	$3.9B	+390,700 (+1.2%)
6	BAILLIE GIFFORD & CO	28,403,600	2.35%	$3.2B	-618,241 (-2.1%)
7	MORGAN STANLEY	25,517,034	2.11%	$2.9B	+812,368 (+3.3%)
8	PRICE T ROWE ASSOCIATES INC /MD/	24,751,765	2.05%	$2.8B	-265,093 (-1.1%)
9	ROYAL BANK OF CANADA	23,534,300	1.95%	$2.7B	+1,875,604 (+8.7%)
10	FIL Ltd	19,275,482	1.59%	$2.2B	+1,049,013 (+5.8%)
11	NORGES BANK	16,410,473	1.36%	$1.9B	NEW
12	JPMORGAN CHASE & CO	15,220,724	1.26%	$1.7B	-2,236,294 (-12.8%)
13	LOOMIS SAYLES & CO L P	14,408,186	1.19%	$1.6B	+4,741 (+0.0%)
14	GEODE CAPITAL MANAGEMENT, LLC	14,338,616	1.19%	$1.7B	+1,428,500 (+11.1%)
15	BANK OF MONTREAL /CAN/	13,770,055	1.14%	$1.6B	+716,344 (+5.5%)
16	WELLINGTON MANAGEMENT GROUP LLP	11,852,596	0.98%	$1.4B	+2,782,480 (+30.7%)
17	BANK OF AMERICA CORP /DE/	11,443,080	0.95%	$1.3B	+259,095 (+2.3%)
18	BAMCO INC /NY/	11,155,546	0.92%	$1.3B	+6,437,316 (+136.4%)
19	VANGUARD FIDUCIARY TRUST CO	10,862,064	0.90%	$1.2B	+87,202 (+0.8%)
20	GOLDMAN SACHS GROUP INC	10,154,753	0.84%	$1.2B	+1,008,638 (+11.0%)
21	NATIONAL BANK OF CANADA /FI/	10,020,663	0.83%	$1.1B	-2,791,255 (-21.8%)
22	MACKENZIE FINANCIAL CORP	9,558,174	0.79%	$1.2M	-388,160 (-3.9%)
23	TD Asset Management Inc	9,280,520	0.77%	$1.1B	-294,101 (-3.1%)
24	1832 Asset Management L.P.	9,079,131	0.75%	$1.0B	-1,108,611 (-10.9%)
25	CANADA PENSION PLAN INVESTMENT BOARD	8,932,140	0.74%	$1.0B	+619,888 (+7.5%)
26	CIBC WORLD MARKET INC.	8,301,893	0.69%	$947.9M	-447,406 (-5.1%)
27	MANUFACTURERS LIFE INSURANCE COMPANY, THE	8,026,490	0.66%	$916.5M	-392,413 (-4.7%)
28	ALLIANCEBERNSTEIN L.P.	7,814,726	0.65%	$927.0M	-999,202 (-11.3%)
29	Capital Research Global Investors	7,491,701	0.62%	$855.4M	-4,150,231 (-35.6%)
30	SANDS CAPITAL MANAGEMENT, LLC	7,242,079	0.60%	$826.9M	-1,693,587 (-19.0%)
31	FRANKLIN RESOURCES INC	6,892,527	0.57%	$787.4M	-1,379,850 (-16.7%)
32	JENNISON ASSOCIATES LLC	6,846,396	0.57%	$781.7M	-9,452,863 (-58.0%)
33	Newlands Management Operations LLC	6,325,050	0.52%	$722.2M	—
34	Legal & General Group Plc	6,162,904	0.51%	$704.8M	-181,278 (-2.9%)
35	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	5,950,335	0.49%	$755.4M	-81,025 (-1.3%)
36	Connor, Clark & Lunn Investment Management Ltd.	5,906,160	0.49%	$675.0M	-478,673 (-7.5%)
37	BlackRock, Inc.	5,824,991	0.48%	$665.1M	-3,062,525 (-34.5%)
38	Vanguard Global Advisers, LLC	5,221,153	0.43%	$597.3M	+301,215 (+6.1%)
39	POLEN CAPITAL MANAGEMENT LLC	4,577,524	0.38%	$522.7M	-1,729,216 (-27.4%)
40	TORONTO DOMINION BANK	4,432,439	0.37%	$506.4M	+1,361,753 (+44.3%)
41	CIBC Asset Management Inc	4,308,187	0.36%	$493.8M	+2,708 (+0.1%)
42	ARK Investment Management LLC	4,155,925	0.34%	$474.5M	-21,727 (-0.5%)
43	EDGEWOOD MANAGEMENT LLC	4,107,065	0.34%	$468.9M	-1,959,059 (-32.3%)
44	Artisan Partners Limited Partnership	4,074,005	0.34%	$465.2M	-288,106 (-6.6%)
45	BANK OF NOVA SCOTIA	4,029,656	0.33%	$460.9M	+833,652 (+26.1%)
46	Swiss National Bank	3,962,700	0.33%	$452.0M	-152,600 (-3.7%)
47	Bank of New York Mellon Corp	3,819,522	0.32%	$436.1M	+323,558 (+9.3%)
48	SUSQUEHANNA INTERNATIONAL GROUP, LLP	3,812,940	0.32%	$435.4M	+1,558,887 (+69.2%)
49	VICTORY CAPITAL MANAGEMENT INC	3,722,361	0.31%	$425.0M	+1,175,751 (+46.2%)
50	UBS Group AG	3,706,397	0.31%	$423.2M	-1,024,249 (-21.7%)
51	BARCLAYS PLC	3,655,581	0.30%	$417.4M	+16,210 (+0.4%)
52	Sumitomo Mitsui Trust Group, Inc.	3,585,720	0.30%	$409.4M	-92,882 (-2.5%)
53	Federation des caisses Desjardins du Quebec	3,469,946	0.29%	$395.0M	+549,889 (+18.8%)
54	DEUTSCHE BANK AG\	3,396,901	0.28%	$387.9M	+163,949 (+5.1%)
55	Amova Asset Management Americas, Inc.	3,366,810	0.28%	$384.5M	-91,455 (-2.6%)
56	Jupiter Topco LLC	3,279,616	0.27%	$374.5M	NEW
57	Clearbridge Investments, LLC	2,984,845	0.25%	$340.8M	-56,170 (-1.8%)
58	WELLS FARGO & COMPANY/MN	2,866,960	0.24%	$327.3M	-206,222 (-6.7%)
59	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	2,830,240	0.23%	$323.7M	+103,460 (+3.8%)
60	Amundi	2,720,427	0.23%	$310.6M	-480,516 (-15.0%)
61	Nuveen, LLC	2,678,971	0.22%	$306.3M	-2,408,592 (-47.3%)
62	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	2,633,169	0.22%	$300.7M	+2,482,424 (+1646.8%)
63	Mirova US LLC	2,600,237	0.22%	$296.9M	-71,005 (-2.7%)
64	D. E. Shaw & Co., Inc.	2,394,385	0.20%	$273.4M	+939,791 (+64.6%)
65	VANGUARD ASSET MANAGEMENT, Ltd	2,385,151	0.20%	$272.9M	+255,905 (+12.0%)
66	Durable Capital Partners LP	2,335,694	0.19%	$266.7M	+1,363,880 (+140.3%)
67	JANE STREET GROUP, LLC	2,322,857	0.19%	$265.2M	-1,174,864 (-33.6%)
68	SEI INVESTMENTS CO	2,168,217	0.18%	$247.6M	-536,401 (-19.8%)
69	PICTON MAHONEY ASSET MANAGEMENT	2,163,787	0.18%	$246.9M	+28,170 (+1.3%)
70	RAYMOND JAMES FINANCIAL INC	2,144,798	0.18%	$244.9M	-53,521 (-2.4%)
71	BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp	2,131,695	0.18%	$243.6M	+382,346 (+21.9%)
72	CITADEL ADVISORS LLC	2,065,064	0.17%	$235.8M	+1,644,591 (+391.1%)
73	BROWN ADVISORY INC	1,927,406	0.16%	$220.1M	+436,874 (+29.3%)
74	Winslow Capital Management, LLC	1,919,693	0.16%	$219.2M	-1,104,507 (-36.5%)
75	FIRST TRUST ADVISORS LP	1,853,916	0.15%	$211.7M	+676,796 (+57.5%)
76	GILDER GAGNON HOWE & CO LLC	1,835,426	0.15%	$209.6M	-319,317 (-14.8%)
77	ENVESTNET ASSET MANAGEMENT INC	1,827,570	0.15%	$208.7M	-423,617 (-18.8%)
78	Public Sector Pension Investment Board	1,759,877	0.15%	$201.1M	+1,152,910 (+189.9%)
79	Pictet Asset Management Holding SA	1,740,052	0.14%	$198.8M	+117,371 (+7.2%)
80	MUFG SECURITIES (CANADA), LTD.	1,725,549	0.14%	$197.1M	-93,039 (-5.1%)
81	NATIXIS ADVISORS, LLC	1,712,569	0.14%	$195.5M	-172,070 (-9.1%)
82	LPL Financial LLC	1,658,508	0.14%	$189.4M	+192,723 (+13.1%)
83	BNP PARIBAS FINANCIAL MARKETS	1,658,388	0.14%	$189.4M	+736,493 (+79.9%)
84	MARSHALL WACE, LLP	1,633,517	0.14%	$186.5M	-908,369 (-35.7%)
85	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	1,626,341	0.13%	$185.7M	-87,223 (-5.1%)
86	Strategy Capital LLC	1,602,908	0.13%	$183.0M	-47,079 (-2.9%)
87	Barton Investment Management	1,580,601	0.13%	$180.5M	-22,358 (-1.4%)
88	Russell Investments Group, Ltd.	1,554,830	0.13%	$177.6M	-98,025 (-5.9%)
89	Ashe Capital Management, LP	1,542,738	0.13%	$176.1M	-105,000 (-6.4%)
90	Rathbones Group PLC	1,512,628	0.13%	$172.7M	-1,509,090 (-49.9%)
91	SCOTIA CAPITAL INC.	1,470,808	0.12%	$167.8M	+164,957 (+12.6%)
92	Caisse de depot et placement du Quebec	1,426,749	0.12%	$163.2M	+33,863 (+2.4%)
93	TD Waterhouse Canada Inc.	1,414,866	0.12%	$172.4M	+220,481 (+18.5%)
94	NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	1,405,574	0.12%	$160.5M	+404,450 (+40.4%)
95	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	1,321,984	0.11%	$151.0M	+320,576 (+32.0%)
96	AMERICAN CENTURY COMPANIES INC	1,279,215	0.11%	$146.1M	-136,180 (-9.6%)
97	NEUBERGER BERMAN GROUP LLC	1,276,855	0.11%	$145.8M	+220,541 (+20.9%)
98	Alberta Investment Management Corp	1,274,813	0.11%	$145.7M	+347,405 (+37.5%)
99	NORTHERN TRUST CORP	1,265,477	0.10%	$144.5M	-553,061 (-30.4%)
100	ZEVENBERGEN CAPITAL INVESTMENTS LLC	1,183,816	0.10%	$135.2M	-125,360 (-9.6%)
101	ProShare Advisors LLC	1,134,069	0.09%	$129.5M	-420,810 (-27.1%)
102	AMERIPRISE FINANCIAL INC	1,132,890	0.09%	$131.6M	-1,313,859 (-53.7%)
103	CITIGROUP INC	1,127,899	0.09%	$129.0M	+231,457 (+25.8%)
104	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	1,116,576	0.09%	$127.5M	+440,188 (+65.1%)
105	Hudson Bay Capital Management LP	1,066,000	0.09%	$121.7M	+116,000 (+12.2%)
106	AVIVA PLC	1,059,894	0.09%	$121.1M	+5,941 (+0.6%)
107	Korea Investment CORP	977,068	0.08%	$111.7M	+71,474 (+7.9%)
108	ExodusPoint Capital Management, LP	976,571	0.08%	$111.5M	NEW
109	BNP PARIBAS ASSET MANAGEMENT Holding S.A.	967,947	0.08%	$110.5M	-18,968 (-1.9%)
110	APG Asset Management N.V.	956,521	0.08%	$95.5M	+229,944 (+31.6%)
111	Capital International, Inc./CA/	901,742	0.07%	$103.0M	+116,384 (+14.8%)
112	MUFG Securities EMEA plc	901,731	0.07%	$103.0M	+61,731 (+7.3%)
113	Thrive Capital Management, LLC	895,817	0.07%	$102.3M	—
114	CAPITAL INTERNATIONAL SARL	867,328	0.07%	$99.0M	+93,176 (+12.0%)
115	VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.	833,950	0.07%	$95.2M	-171,810 (-17.1%)
116	D1 Capital Partners L.P.	830,891	0.07%	$94.9M	NEW
117	FEDERATED HERMES, INC.	821,993	0.07%	$93.9M	-39,418 (-4.6%)
118	SG Americas Securities, LLC	821,673	0.07%	$93.8M	+544,595 (+196.5%)
119	CIBC Bancorp USA Inc.	803,178	0.07%	$92.2M	-19,914 (-2.4%)
120	STATE STREET CORP	802,915	0.07%	$91.7M	-371 (-0.0%)
121	Addenda Capital Inc.	798,719	0.07%	$129.6M	+81,528 (+11.4%)
122	DIMENSIONAL FUND ADVISORS LP	784,542	0.06%	$89.6M	+1,478 (+0.2%)
123	Liontrust Investment Partners LLP	783,719	0.06%	$89.5M	+630,576 (+411.8%)
124	FRED ALGER MANAGEMENT, LLC	776,493	0.06%	$88.7M	-154,204 (-16.6%)
125	BESSEMER GROUP INC	773,620	0.06%	$88.3M	-29,569 (-3.7%)
126	CONGRESS ASSET MANAGEMENT CO	764,601	0.06%	$87.3M	-27,389 (-3.5%)
127	NEOS Investment Management LLC	737,600	0.06%	$84.2M	+72,269 (+10.9%)
128	JONES FINANCIAL COMPANIES LLLP	733,749	0.06%	$85.7M	-15,788 (-2.1%)
129	NZS Capital, LLC	703,753	0.06%	$80.4M	+153,364 (+27.9%)
130	State of Tennessee, Department of Treasury	703,575	0.06%	$80.5M	-180,579 (-20.4%)
131	CANADA LIFE ASSURANCE Co	692,163	0.06%	$78.8M	-35,502 (-4.9%)
132	Fiera Capital Corp	663,438	0.05%	$75.8M	+54,425 (+8.9%)
133	Stony Point Capital LLC	651,765	0.05%	$74.4M	+20,376 (+3.2%)
134	Mirae Asset Global Investments Co., Ltd.	643,260	0.05%	$73.4M	+642,309 (+67540.4%)
135	Zurcher Kantonalbank (Zurich Cantonalbank)	635,990	0.05%	$72.6M	+57,933 (+10.0%)
136	Vanguard Investments Australia, Ltd.	625,026	0.05%	$71.5M	+15,953 (+2.6%)
137	Blue Sparrow, LLC /DE	620,000	0.05%	$70.8M	NEW
138	TCW GROUP INC	609,503	0.05%	$69.6M	-201,844 (-24.9%)
139	Balyasny Asset Management L.P.	609,006	0.05%	$69.5M	NEW
140	GUARDIAN CAPITAL LP	534,485	0.04%	$61.1M	+10,648 (+2.0%)
141	DekaBank Deutsche Girozentrale	524,986	0.04%	$60.2M	—
142	BLAIR WILLIAM & CO/IL	521,868	0.04%	$59.6M	-105,556 (-16.8%)
143	Allen Investment Management, LLC	519,490	0.04%	$59.3M	-41,646 (-7.4%)
144	ROYAL LONDON ASSET MANAGEMENT LTD	508,697	0.04%	$58.1M	-10,650 (-2.1%)
145	AGF MANAGEMENT LTD	506,490	0.04%	$58.0M	-63,488 (-11.1%)
146	OSAIC HOLDINGS, INC.	493,085	0.04%	$56.3M	+38,298 (+8.4%)
147	CAPITAL FUND MANAGEMENT S.A.	481,667	0.04%	$55.0M	+269,558 (+127.1%)
148	Rockefeller Capital Management L.P.	471,205	0.04%	$53.8M	-103,210 (-18.0%)
149	Creative Planning	469,832	0.04%	$53.6M	+29,506 (+6.7%)
150	Cambridge Investment Research Advisors, Inc.	465,234	0.04%	$53.1M	+289,159 (+164.2%)
151	Harvest Portfolios Group Inc.	456,444	0.04%	$52.2M	+193,993 (+73.9%)
152	Hillsdale Investment Management Inc.	451,724	0.04%	$51.6M	+63,423 (+16.3%)
153	CAPITAL INTERNATIONAL LTD /CA/	448,711	0.04%	$51.2M	+42,047 (+10.3%)
154	Allianz Asset Management GmbH	448,018	0.04%	$51.2M	+118,896 (+36.1%)
155	Altshuler Shaham Ltd	442,232	0.04%	$50.5M	+75,894 (+20.7%)
156	LORD, ABBETT & CO. LLC	438,404	0.04%	$50.1M	-553,486 (-55.8%)
157	USS Investment Management Ltd	436,547	0.04%	$49.9M	+33,508 (+8.3%)
158	Life Cycle Investment Partners Ltd	431,739	0.04%	$49.3M	-55,163 (-11.3%)
159	Allspring Global Investments Holdings, LLC	428,663	0.04%	$52.1M	-342,406 (-44.4%)
160	LAZARD ASSET MANAGEMENT LLC	425,633	0.04%	$48.6M	+7,847 (+1.9%)
161	OMERS ADMINISTRATION Corp	422,002	0.03%	$48.3M	+363,958 (+627.0%)
162	STRS OHIO	413,936	0.03%	$47.3M	-186,582 (-31.1%)
163	STATE OF WISCONSIN INVESTMENT BOARD	385,130	0.03%	$44.0M	-400 (-0.1%)
164	Cetera Investment Advisers	385,053	0.03%	$44.0M	+12,794 (+3.4%)
165	KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	377,321	0.03%	$43.1M	-4,757 (-1.2%)
166	Ensign Peak Advisors, Inc	376,521	0.03%	$43.0M	-30,148 (-7.4%)
167	Privium Fund Management B.V.	370,000	0.03%	$42.2M	-37,000 (-9.1%)
168	AQR CAPITAL MANAGEMENT LLC	366,139	0.03%	$41.8M	+116,117 (+46.4%)
169	Mitsubishi UFJ Trust & Banking Corp	358,160	0.03%	$40.9M	+1,740 (+0.5%)
170	Mn Services Vermogensbeheer B.V.	357,272	0.03%	$40.9M	-118,000 (-24.8%)
171	AMF Tjanstepension AB	350,833	0.03%	$40.1M	—
172	Tidal Investments LLC	344,055	0.03%	$39.3M	+283,967 (+472.6%)
173	STIFEL FINANCIAL CORP	336,981	0.03%	$38.5M	-62,079 (-15.6%)
174	PEREGRINE CAPITAL MANAGEMENT LLC	328,206	0.03%	$37.5M	+121,288 (+58.6%)
175	Advisors Asset Management, Inc.	327,792	0.03%	$37.4M	-11,845 (-3.5%)
176	Islander Capital Partners, L.P.	326,000	0.03%	$37.2M	+130,000 (+66.3%)
177	VOLORIDGE INVESTMENT MANAGEMENT, LLC	308,587	0.03%	$35.2M	-165,298 (-34.9%)
178	ThornTree Capital Partners LP	307,137	0.03%	$35.1M	+95,342 (+45.0%)
179	TRUIST FINANCIAL CORP	303,346	0.03%	$34.6M	-26,820 (-8.1%)
180	Nykredit A/S	297,200	0.02%	$34.0M	NEW
181	Walleye Capital LLC	293,359	0.02%	$33.5M	+26,815 (+10.1%)
182	Manchester Global Management (UK) Ltd	292,956	0.02%	$33.4M	+93,000 (+46.5%)
183	COMMONWEALTH EQUITY SERVICES, LLC	292,174	0.02%	$33.4M	-36,672 (-11.2%)
184	Select Equity Group, L.P.	291,826	0.02%	$33.3M	+56,112 (+23.8%)
185	EQUITABLE TRUST CO	288,785	0.02%	$33.0M	-20,817 (-6.7%)
186	Squarepoint Ops LLC	288,427	0.02%	$32.9M	+281,488 (+4056.6%)
187	Lansforsakringar Fondforvaltning AB (publ)	282,321	0.02%	$32.3M	-6,013 (-2.1%)
188	HB Wealth Management, LLC	282,009	0.02%	$32.2M	+270,627 (+2377.7%)
189	Investment Management Corp of Ontario	278,788	0.02%	$31.8M	-400 (-0.1%)
190	Andra AP-fonden	278,312	0.02%	$45.2M	+93,100 (+50.3%)
191	Northwest & Ethical Investments L.P.	277,949	0.02%	$31.8M	-17,225 (-5.8%)
192	Qube Research & Technologies Ltd	274,697	0.02%	$31.4M	+186,443 (+211.3%)
193	Cornerstone Capital, Inc.	270,035	0.02%	$30.8M	+6,210 (+2.4%)
194	HUNTINGTON NATIONAL BANK	262,749	0.02%	$30.0M	-634 (-0.2%)
195	EXCHANGE TRADED CONCEPTS, LLC	258,427	0.02%	$29.5M	+173,512 (+204.3%)
196	Ninepoint Partners LP	254,222	0.02%	$29.0M	+77,992 (+44.3%)
197	GUGGENHEIM CAPITAL LLC	253,940	0.02%	$29.0M	+18,220 (+7.7%)
198	BRISTOL JOHN W & CO INC /NY/	252,988	0.02%	$28.9M	-1,550 (-0.6%)
199	ICONIQ Capital, LLC	252,702	0.02%	$28.9M	-2,203,350 (-89.7%)
200	TWO SIGMA INVESTMENTS, LP	252,158	0.02%	$28.8M	+127,988 (+103.1%)
201	MILLENNIUM MANAGEMENT LLC	247,081	0.02%	$28.2M	+14,109 (+6.1%)
202	THORNBURG INVESTMENT MANAGEMENT INC	246,547	0.02%	$28.2M	+12,946 (+5.5%)
203	GF FUND MANAGEMENT CO. LTD.	246,294	0.02%	$28.1M	-4,251 (-1.7%)
204	TUDOR INVESTMENT CORP ET AL	244,860	0.02%	$28.0M	-34,458 (-12.3%)
205	Janney Montgomery Scott LLC	242,597	0.02%	$27.7M	+12,969 (+5.6%)
206	VOYA INVESTMENT MANAGEMENT LLC	236,099	0.02%	$27.0M	-329,945 (-58.3%)
207	Swiss Life Asset Management Ltd	232,855	0.02%	$26.6M	+24,212 (+11.6%)
208	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	231,316	0.02%	$26.4M	+16,867 (+7.9%)
209	Gavilan Investment Partners LLC	230,000	0.02%	$26.3M	—
210	INTACT INVESTMENT MANAGEMENT INC.	229,594	0.02%	$26.3M	-16,100 (-6.6%)
211	Man Group plc	227,857	0.02%	$26.0M	-75,994 (-25.0%)
212	Quantinno Capital Management LP	226,558	0.02%	$25.9M	+4,811 (+2.2%)
213	INTECH INVESTMENT MANAGEMENT LLC	225,599	0.02%	$25.8M	+20,224 (+9.8%)
214	ACADIAN ASSET MANAGEMENT LLC	225,253	0.02%	$25.7M	+61,183 (+37.3%)
215	Mariner, LLC	225,045	0.02%	$25.7M	-74,075 (-24.8%)
216	Maryland State Retirement & Pension System	221,810	0.02%	$25.3M	+41,316 (+22.9%)
217	OSTRUM ASSET MANAGEMENT	215,685	0.02%	$24.6M	-39,995 (-15.6%)
218	Bellecapital International Ltd.	213,669	0.02%	$24.4M	+132,271 (+162.5%)
219	Ampersand Capital Group, L.P.	212,763	0.02%	$24.3M	+13,000 (+6.5%)
220	OPPENHEIMER ASSET MANAGEMENT INC.	212,332	0.02%	$24.2M	-57,780 (-21.4%)
221	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	211,118	0.02%	$24.1M	-95,112 (-31.1%)
222	Union Bancaire Privee, UBP SA	209,933	0.02%	$23.0M	-20,524 (-8.9%)
223	MML INVESTORS SERVICES, LLC	209,649	0.02%	$23.9M	-11,373 (-5.1%)
224	HSBC HOLDINGS PLC	206,771	0.02%	$23.7M	+49,043 (+31.1%)
225	ASSETMARK, INC	204,958	0.02%	$23.4M	-14,146 (-6.5%)
226	Pathstone Holdings, LLC	203,003	0.02%	$23.2M	-30,545 (-13.1%)
227	ADAGE CAPITAL PARTNERS GP, L.L.C.	200,000	0.02%	$22.8M	NEW
228	HighTower Advisors, LLC	199,319	0.02%	$22.8M	-55,517 (-21.8%)
229	NISSAY ASSET MANAGEMENT CORP /JAPAN	198,803	0.02%	$22.7M	+14,107 (+7.6%)
230	PensionDanmark Pensionsforsikringsaktieselskab	198,256	0.02%	$22.7M	-76,972 (-28.0%)
231	Benchstone Capital Management LP	198,162	0.02%	$22.6M	NEW
232	Varma Mutual Pension Insurance Co	193,908	0.02%	$22.2M	+2,500 (+1.3%)
233	Focus Partners Wealth	191,135	0.02%	$21.8M	+6,347 (+3.4%)
234	IQ EQ FUND MANAGEMENT (IRELAND) Ltd	191,034	0.02%	$21.8M	+5,241 (+2.8%)
235	CI INVESTMENTS INC.	189,130	0.02%	$21.6M	+11,079 (+6.2%)
236	Marcho Partners LLP	188,235	0.02%	$21.5M	+51,077 (+37.2%)
237	STATE OF MICHIGAN RETIREMENT SYSTEM	187,534	0.02%	$21.4M	+87,734 (+87.9%)
238	Optiver Holding B.V.	186,794	0.02%	$21.3M	+136,471 (+271.2%)
239	Parkwood LLC	186,647	0.02%	$21.3M	+62,498 (+50.3%)
240	SEB Asset Management AB	180,576	0.01%	$20.7M	-36,735 (-16.9%)
241	D.A. DAVIDSON & CO.	178,473	0.01%	$20.4M	-9,599 (-5.1%)
242	TRILLIUM ASSET MANAGEMENT, LLC	175,200	0.01%	$20.0M	+39,550 (+29.2%)
243	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	173,166	0.01%	$19.8M	-4,200 (-2.4%)
244	Merit Financial Group, LLC	170,910	0.01%	$19.5M	+131,942 (+338.6%)
245	LYELL WEALTH MANAGEMENT, LP	167,421	0.01%	$19.1M	+2,505 (+1.5%)
246	Baker Avenue Asset Management, LP	165,795	0.01%	$18.9M	-34,337 (-17.2%)
247	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	164,440	0.01%	$11.4M	+1,687 (+1.0%)
248	Ardmore Road Asset Management LP	162,500	0.01%	$18.6M	NEW
249	Welch & Forbes LLC	159,087	0.01%	$18.2M	+5,556 (+3.6%)
250	BANCO BILBAO VIZCAYA ARGENTARIA, S.A.	157,580	0.01%	$18.0M	+22,188 (+16.4%)

Exited since 2026-03-31 (179 filers; largest 25 shown)

JANUS HENDERSON GROUP PLC	−4,088,788
Polar Capital Holdings Plc	−1,441,167
SUSQUEHANNA ADVISORS GROUP, INC.	−878,600
SurgoCap Partners LP	−515,733
STEADFAST CAPITAL MANAGEMENT LP	−474,047
Zurich Insurance Group Ltd/FI	−368,059
AEGON ASSET MANAGEMENT UK Plc	−364,254
Wedbush Fund Advisers, LLC	−233,770
BROWN CAPITAL MANAGEMENT LLC	−201,723
Ilex Capital Partners (UK) LLP	−148,896
PBU - The Pension Fund of Early Childhood & Youth Educators	−146,047
Rheos Capital Works Inc.	−138,000
Steadview Capital Management LLC	−128,559
BI Asset Management Fondsmaeglerselskab A/S	−128,470
Freestone Grove Partners LP	−98,125
Y-Intercept (Hong Kong) Ltd	−95,606
STEVENS CAPITAL MANAGEMENT LP	−93,425
Mubadala Investment Co PJSC	−82,302
IMC-Chicago, LLC	−81,570
Jaffetilchin Investment Partners, LLC	−65,597
Engineers Gate Manager LP	−48,868
Premier Fund Managers Ltd	−47,012
KR Capital LP	−46,425
OAK RIDGE INVESTMENTS LLC	−44,332
Infusive Asset Management Inc.	−43,611

Large holders from 13D/13G (latest per reporting person, last 2 years)

Filed when a holder crosses 5% or changes materially, so often more current than the quarter-end 13F. Percentages are the filer's own, against the share count they used.

Reporting person	Form	Filed	Event	Shares	% of class
BlackRock, Inc.	SCHEDULE 13G	2026-07-30	2026-06-30	61,634,523	5.1%
BAILLIE GIFFORD & CO	SCHEDULE 13G/A	2025-02-12	2024-12-31	59,773,997	4.9%

Source: SEC Form 13F-HR information tables for the quarter ending 2026-06-30 (filed within 45 days of quarter end; amendments applied; values normalised to dollars), the share count from the company's latest 10-K/10-Q XBRL cover page, and Schedule 13D/13G filings. Each row is a legal 13F filer as filed — related entities (e.g. Vanguard's advisers) are not merged. Retail brokerage accounts are not reported on 13F, so the remainder is mostly retail and insiders.