Does Royal Bank of Canada own SHOP stock?

Yes. As of its Q2 2026 13F, Royal Bank of Canada holds 23,534,300 shares of SHOP (Shopify), worth $2.7B.

How many shares of SHOP does Royal Bank of Canada own?

As of its Q2 2026 13F, Royal Bank of Canada holds 23,534,300 shares of SHOP (Shopify).

As of its Q2 2026 13F, Royal Bank of Canada's SHOP position is worth $2.7B.

In Q2 2026, Royal Bank of Canada increased its SHOP position by 1,875,604 shares (+8.7%).

Royal Bank of Canada already held SHOP in its Q3 2019 13F, the earliest on record, and has listed it in 28 quarterly 13F filings.

Position history for ROYAL BANK OF CANADA's holdings in SHOPIFY INC

Current Value

$2.7B

Current Shares

23.5M

Total Value Change

+$2.4B

Total Shares Change

+22.6M

Quarter-by-Quarter History

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Increased	23.5M	+8.7%	$2.7B	0.4%	$114.18	42
2026-Q1	Increased	21.7M	+9.7%	$2.6B	0.5%	$118.62	42
2025-Q4	Decreased	19.7M	-12.0%	$3.2B	0.5%	$160.97	0
2025-Q3	Increased	22.4M	+5.4%	$3.3B	0.5%	$148.61	47
2025-Q2	Increased	21.3M	+8.8%	$2.5B	0.4%	$115.35	42
2025-Q1	Decreased	19.5M	-2.9%	$1.9B	0.4%	$95.48	0
2024-Q4	Increased	20.1M	+2.7%	$2.1B	0.4%	$106.33	39
2024-Q3	Decreased	19.6M	-13.0%	$1.6B	0.3%	$80.14	0
2024-Q2	Increased	22.5M	+12.5%	$1.5B	0.3%	$66.05	43
2024-Q1	Decreased	20M	-27.8%	$1.5B	0.4%	$77.17	0
2023-Q4	Increased	27.7M	+14.1%	$2.2B	0.5%	$77.90	51
2023-Q3	Decreased	24.3M	-4.9%	$1.3B	0.4%	$54.57	0
2023-Q2	Increased	25.6M	+16.0%	$1.7B	0.4%	$64.60	44
2023-Q1	Increased	22.1M	+8.0%	$1.1B	0.3%	$47.94	41
2022-Q4	Increased	20.4M	+25.6%	$709M	0.2%	$34.71	47
2022-Q3	Increased	16.3M	+48.5%	$438M	0.1%	$26.94	51
2022-Q2	Increased	11M	+578.8%	$342.1M	0.1%	$31.24	60
2022-Q1	Increased	1.6M	+27.1%	$1.1B	0.3%	$67.60	47
2021-Q4	Increased	1.3M	+16.3%	$1.7B	0.4%	$137.74	44
2021-Q3	Increased	1.1M	+1.7%	$1.5B	0.4%	$135.58	39
2021-Q2	Increased	1.1M	+2.8%	$1.6B	0.4%	$146.10	39
2021-Q1	Increased	1M	+10.8%	$1.2B	0.3%	$110.65	42
2020-Q4	Increased	942,457	+19.8%	$1.1B	0.3%	$113.20	45
2020-Q3	Increased	786,673	+3.6%	$804.7M	0.3%	$102.30	39
2020-Q2	Decreased	758,950	-6.1%	$720.4M	0.3%	$94.92	0
2020-Q1	Decreased	808,135	-35.7%	$336.9M	0.2%	$41.69	0
2019-Q4	Increased	1.3M	+31.5%	$499.8M	0.2%	$39.76	48
2019-Q3	First report	955,921	-	$297.9M	0.1%	$31.17	0