Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in FOUR held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP | 6.6M | $287.6M | +18.0% | 9.506% | 12.92% |
| 2 | BlackRock, Inc. | 6.5M | $282.2M | +1.0% | 9.329% | 0.00% |
| 3 | Durable Capital Partners LP | 6.2M | $269.6M | -6.7% | 8.912% | 2.78% |
| 4 | WASATCH ADVISORS INC | 4.2M | $183.9M | -38.0% | 6.080% | 1.22% |
| 5 | Ensign Peak Advisors, Inc | 3.1M | $135.8M | +17.5% | 4.490% | 0.25% |
| 6 | Neuberger Berman Group LLC | 2.5M | $110.2M | -6.6% | 3.642% | 0.08% |
| 7 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2.4M | $105.6M | +27.3% | 3.489% | 0.01% |
| 8 | VANGUARD CAPITAL MANAGEMENT LLC | 2.3M | $100.0M | — | 3.305% | 0.00% |
| 9 | UBS Group AG | 2.2M | $94.2M | +3.4% | 3.114% | 0.01% |
| 10 | STATE STREET CORP | 2.1M | $90.4M | +2.3% | 2.988% | 0.00% |
| 11 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.0M | $88.5M | — | 2.925% | 0.00% |
| 12 | MARSHALL WACE, LLP | 1.9M | $83.8M | +15.8% | 2.771% | 0.09% |
| 13 | Clearbridge Investments, LLC | 1.8M | $79.6M | -10.2% | 2.630% | 0.07% |
| 14 | JANUS HENDERSON GROUP PLC | 1.8M | $78.9M | +3.3% | 2.608% | 0.04% |
| 15 | Spyglass Capital Management LLC | 1.8M | $76.6M | +3.1% | 2.531% | 5.76% |
| 16 | GEODE CAPITAL MANAGEMENT, LLC | 1.4M | $62.2M | +3.9% | 2.054% | 0.00% |
| 17 | FULLER & THALER ASSET MANAGEMENT, INC. | 1.2M | $52.0M | -2.4% | 1.720% | 0.18% |
| 18 | UBS ASSET MANAGEMENT AMERICAS INC | 1.1M | $49.6M | +42.9% | 1.638% | 0.01% |
| 19 | FMR LLC | 888K | $38.8M | +473.8% | 1.283% | 0.00% |
| 20 | BNP PARIBAS ARBITRAGE, SA | 448K | $37.4M | +206.6% | 0.648% | 0.02% |
| 21 | GOODNOW INVESTMENT GROUP, LLC | 854K | $37.4M | +0.4% | 1.235% | 4.09% |
| 22 | RICE HALL JAMES & ASSOCIATES, LLC | 848K | $37.1M | +27.7% | 1.225% | 2.06% |
| 23 | RAYMOND JAMES FINANCIAL INC | 800K | $34.9M | -18.8% | 1.157% | 0.01% |
| 24 | FIL Ltd | 723K | $31.6M | -36.0% | 1.046% | 0.02% |
| 25 | NOMURA ASSET MANAGEMENT CO LTD | 689K | $30.1M | -23.7% | 0.995% | 0.08% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in FOUR — a direct measure of their conviction.
Filings activity in FOUR during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 346 | 12% | 112.38% | 69.81 pp | $3.20B | 38% |
| Q4 2025 | 395 | 8.6% | 182.19% | 17.80 pp | $5.19B | 22% |
| Q3 2025 | 432 | 3.4% | 199.99% | +0.00 pp | $6.62B | 21% |
| Q2 2025 | 447 | +5.2% | 199.99% | +0.00 pp | $8.36B | +31% |
| Q1 2025 | 425 | 0.5% | 199.99% | +0.00 pp | $6.36B | 20% |
| Q4 2024 | 427 | +23% | 199.99% | +0.00 pp | $7.99B | +30% |
| Q3 2024 | 347 | +6.1% | 199.99% | +19.70 pp | $6.17B | +20% |
| Q2 2024 | 327 | — | 180.29% | — | $5.14B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying FOUR stock.
Based on Q1 2026 13F filings, institutional ownership of Shift4 Payments, Inc. stands at 112.4%, held across 346 reporting institutions.
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP is the largest reported institutional holder of FOUR, with approximately 6,576,509 shares worth $0.29B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of FOUR, including SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for FOUR is 27 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
69 institutions opened new positions in FOUR during Q1 2026, while 118 fully exited. 57 added to existing positions and 219 trimmed.
FOUR institutional ownership fell by 69.81 percentage points quarter-over-quarter, with a net change of -49 holders.
The top 10 institutions account for 51.8% of all reported 13F value in FOUR, and the top 25 account for 77.4%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Shift4 Payments, Inc. (FOUR) Institutional Ownership