Does Norges Bank own SHOP stock?

Yes. As of its Q2 2026 13F, Norges Bank holds 16,410,473 shares of SHOP (Shopify), worth $1.9B.

How many shares of SHOP does Norges Bank own?

As of its Q2 2026 13F, Norges Bank holds 16,410,473 shares of SHOP (Shopify).

As of its Q2 2026 13F, Norges Bank's SHOP position is worth $1.9B.

In Q2 2026, Norges Bank increased its SHOP position by 185,779 shares (+1.2%).

Norges Bank already held SHOP in its Q4 2018 13F, the earliest on record, and has listed it in 29 quarterly 13F filings.

29 quarters

Position history for Norges Bank's holdings in Shopify Inc.

Current Value

$1.9B

Current Shares

16.4M

Total Value Change

+$1.8B

Total Shares Change

+15.7M

Quarter-by-Quarter History

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Increased	16.4M	+1.1%	$1.9B	0.2%	$114.18	38
2025-Q4	Increased	16.2M	+4.3%	$2.6B	0.3%	$160.97	40
2025-Q2	Increased	15.6M	+6.9%	$1.8B	0.2%	$115.35	41
2025-Q1	Increased	14.6M	+0.3%	$1.4B	0.2%	$95.48	38
2024-Q4	Increased	14.5M	+1.3%	$1.5B	0.2%	$106.33	39
2024-Q3	Increased	14.3M	+0.6%	$1.1B	0.2%	$80.14	38
2024-Q2	Increased	14.2M	+4.8%	$939.9M	0.1%	$66.05	40
2024-Q1	Increased	13.6M	+0.8%	$1B	0.2%	$77.17	38
2023-Q4	Increased	13.5M	+3.6%	$1B	0.2%	$77.90	40
2023-Q3	Increased	13M	+2.6%	$709.2M	0.1%	$54.57	39
2023-Q2	Increased	12.7M	+3.6%	$818.1M	0.2%	$64.60	39
2023-Q1	Increased	12.2M	+2.4%	$585.9M	0.1%	$47.94	38
2022-Q4	Decreased	11.9M	-3.8%	$414.4M	0.1%	$34.71	0
2022-Q3	Increased	12.4M	+5.5%	$334.2M	0.1%	$26.94	33
2022-Q2	Increased	11.8M	+4.9%	$367.6M	0.1%	$31.24	33
2022-Q1	Decreased	1.1M	-2.1%	$758.5M	0.2%	$67.60	0
2021-Q4	Increased	1.1M	+3.3%	$1.6B	0.3%	$137.74	39
2021-Q3	Increased	1.1M	+2.0%	$1.5B	0.3%	$135.58	39
2021-Q2	Increased	1.1M	+1.1%	$1.6B	0.3%	$146.10	38
2021-Q1	Increased	1.1M	+3.9%	$1.2B	0.3%	$110.65	40
2020-Q4	Increased	1M	+4.9%	$1.2B	0.3%	$113.20	40
2020-Q3	Increased	985,933	+9.1%	$1B	0.3%	$102.30	42
2020-Q2	Decreased	903,826	-6.0%	$857.9M	0.2%	$94.92	0
2020-Q1	Increased	961,602	+12.8%	$400.9M	0.1%	$41.69	42
2019-Q4	Decreased	852,435	-0.2%	$338.9M	0.1%	$39.76	0
2019-Q3	Increased	853,866	+9.8%	$266.1M	0.1%	$31.17	34
2019-Q2	Decreased	777,590	-13.1%	$233.4M	0.1%	$30.02	0
2019-Q1	Increased	895,131	+22.6%	$185M	0.1%	$20.66	37
2018-Q4	First report	729,951	-	$101.1M	0.0%	$13.85	0