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Jeremy Grantham's Shopify Inc. (SHOP) position

Not anymore: Jeremy Grantham fully exited SHOP in Q2 2025. The position peaked at $2.9M in Q1 2025.
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Value at exit
$2.9M
Shares at exit
30K
Est. average buy price (i)
$108.97
Quarter-end price
$95.48

Estimated trade prices

Average price in quarters with purchases
$109.11

SHOP price vs Grantham's position

Dates
$20$50$100$150$20020222023202420252026New position of 30K shares · Q1 2025. Average closing price $108.97 · Price range $90.59–$129.3130Ksharespurchased← Earlier —1 purchase
Average closing price · filing quarter
$108.97
Price range · filing quarter
$90.59 – $129.31

Every quarterly change

Quarter Action Shares change Est. value change Δ Own Shares held Filing date
Q2 2025 Exited −30K −$3.0M −100.0% 0 Aug 13, 2025
Q1 2025 New +30K +$3.3M 30K May 14, 2025
Q2 2021 New +300 +$37K 300 Aug 12, 2021
Data through Q2 2025 · filed Aug 13, 2025
3 grouped rows from 3 quarters

Who else owns SHOP

Capital International Investors

owns 3.9% of shares outstanding
Est. $4.8B · Shares: 50.1M

FMR LLC

owns 3.5% of shares outstanding
Est. $4.4B · Shares: 45.8M

Capital World Investors

owns 2.6% of shares outstanding
Est. $3.2B · Shares: 33.7M

Baillie Gifford & Co

owns 2.2% of shares outstanding
Est. $2.8B · Shares: 29.0M

See all owners of SHOP →

More Grantham positions

Common questions

Does Jeremy Grantham own SHOP?

Not currently. Jeremy Grantham fully exited SHOP in Q2 2025, and the complete history is above. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.

When did Jeremy Grantham buy SHOP?

Jeremy Grantham first disclosed a SHOP position in Q2 2021; every quarterly buy and sell since is in the table above. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.

Did Jeremy Grantham sell SHOP?

Yes. Jeremy Grantham reduced and then fully exited SHOP by Q2 2025; the reductions are in the table above. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.

How many shares of SHOP does Jeremy Grantham own?

None as of the latest filing: Jeremy Grantham has exited SHOP. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.

What price did Jeremy Grantham pay for SHOP?

Jeremy Grantham's estimated average buy price for SHOP is $108.97, from quarter-average prices weighted by the shares added each quarter. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.

How are the estimated trade prices calculated?

13F filings disclose quarter-end holdings, not trade dates or execution prices. These estimates use each covered quarter's average market price; the add average excludes the opening position and quarters without price data. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.