Arrowstreet Capital Limited Partnership Has $977.96 Million Stake in Shopify Inc. $SHOP

Posted by Brenda Bartman on Jun 14th, 2026

Arrowstreet Capital Limited Partnership trimmed its position in shares of Shopify Inc. (NASDAQ:SHOP – Free Report) (TSE:SHOP) by 26.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,074,936 shares of the software maker’s stock after selling 2,237,416 shares during the period. Shopify accounts for approximately 0.6% of Arrowstreet Capital Limited Partnership’s investment portfolio, making the stock its 29th biggest holding. Arrowstreet Capital Limited Partnership’s holdings in Shopify were worth $977,964,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. First Affirmative Financial Network lifted its holdings in shares of Shopify by 3.4% during the 3rd quarter. First Affirmative Financial Network now owns 2,275 shares of the software maker’s stock valued at $338,000 after buying an additional 75 shares during the last quarter. TBH Global Asset Management LLC lifted its holdings in shares of Shopify by 1.2% during the 4th quarter. TBH Global Asset Management LLC now owns 6,438 shares of the software maker’s stock valued at $1,036,000 after buying an additional 75 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Shopify by 13.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 631 shares of the software maker’s stock valued at $72,000 after buying an additional 77 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of Shopify by 2.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 3,164 shares of the software maker’s stock valued at $509,000 after buying an additional 80 shares during the last quarter. Finally, Pacific Sage Partners LLC raised its stake in shares of Shopify by 3.9% in the 4th quarter. Pacific Sage Partners LLC now owns 2,133 shares of the software maker’s stock valued at $343,000 after acquiring an additional 80 shares in the last quarter. 69.27% of the stock is currently owned by institutional investors and hedge funds.

Shopify Stock Performance

Shares of SHOP stock opened at $108.24 on Friday. The stock’s 50 day simple moving average is $113.99 and its 200 day simple moving average is $131.61. The company has a market capitalization of $140.46 billion, a price-to-earnings ratio of 107.17, a PEG ratio of 3.03 and a beta of 2.60. Shopify Inc. has a twelve month low of $94.00 and a twelve month high of $182.19.

Shopify (NASDAQ:SHOP – Get Free Report) (TSE:SHOP) last issued its quarterly earnings results on Tuesday, May 5th. The software maker reported $999.00 EPS for the quarter, topping the consensus estimate of $0.22 by $998.78. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.08 billion. Shopify had a return on equity of 12.07% and a net margin of 10.77%. On average, analysts forecast that Shopify Inc. will post 1.36 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. DZ Bank raised Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 16th. Weiss Ratings downgraded Shopify from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Citigroup cut their price objective on Shopify from $163.00 to $156.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. BMO Capital Markets cut their price objective on Shopify from $160.00 to $145.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company cut their price objective on Shopify from $166.00 to $144.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Shopify presently has an average rating of “Moderate Buy” and an average price target of $157.17.

Get Our Latest Stock Report on SHOP

Shopify Company Profile

(Free Report)

Shopify is a Canadian commerce technology company that provides a cloud-based platform for businesses to create, manage and scale online and physical retail stores. Its core offering is a software-as-a-service e-commerce platform that enables merchants to build customizable storefronts, manage product catalogs, process orders, and handle inventory. Shopify also supports omnichannel selling through integrated point-of-sale (POS) systems for in-person transactions.

Beyond storefront software, Shopify offers a range of merchant services and tools designed to simplify commerce operations.