Norges Bank’s Shopify Inc Position
Does Norges Bank own Shopify Inc (SHOP)? Not currently — the last reported position was 16.22M shares worth $2.6B in Q4 2025; the fund’s latest 13F (Q1 2026) no longer reports it.
Position Value
$2.6B
Q4 2025
Shares
16.22M
% of Portfolio
+0.28%
Quarters Held
31
position exited
Position History SHOP
Reported value by quarter
| Quarter | Shares | Value | % of Portfolio |
|---|---|---|---|
| Q4 2025 | 16.22M | $2.6B | +0.28% |
| Q2 2025 | 15.56M | $1.8B | +0.22% |
| Q1 2025 | 14.55M | $1.4B | +0.19% |
| Q4 2024 | 14.50M | $1.5B | +0.20% |
| Q3 2024 | 14.32M | $1.1B | +0.16% |
| Q2 2024 | 14.23M | $940M | +0.14% |
| Q1 2024 | 13.57M | $1.0B | +0.17% |
| Q4 2023 | 13.47M | $1.0B | +0.18% |
| Q3 2023 | 13.00M | $709M | +0.14% |
| Q2 2023 | 12.66M | $818M | +0.16% |
| Q1 2023 | 12.22M | $586M | +0.13% |
| Q4 2022 | 11.94M | $414M | +0.10% |
| Q3 2022 | 12.41M | $334M | +0.09% |
| Q2 2022 | 11.77M | $368M | +0.10% |
| Q1 2022 | 1.12M | $758M | +0.17% |
| Q4 2021 | 1.15M | $1.6B | +0.32% |
| Q3 2021 | 1.11M | $1.5B | +0.33% |
| Q2 2021 | 1.09M | $1.6B | +0.34% |
| Q1 2021 | 1.07M | $1.2B | +0.27% |
| Q4 2020 | 1.03M | $1.2B | +0.27% |
| Q3 2020 | 985.9K | $1.0B | +0.27% |
| Q2 2020 | 903.8K | $858M | +0.25% |
| Q1 2020 | 961.6K | $401M | +0.14% |
| Q4 2019 | 852.4K | $339M | +0.09% |
| Q3 2019 | 853.9K | $266M | +0.08% |
| Q2 2019 | 777.6K | $233M | +0.07% |
| Q1 2019 | 895.1K | $185M | +0.06% |
| Q4 2018 | 730.0K | $101M | +0.04% |
| Q3 2018 | 602.6K | $99M | +0.03% |
| Q2 2018 | 562.4K | $82M | +0.03% |
| Q1 2018 | 430.9K | $54M | +0.02% |
Common-stock position only; options are excluded. Quarters where the fund filed no 13F or reported no position are absent. See Norges Bank’s full portfolio or all institutional holders of SHOP.