Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in MSTR held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 32.1M | $4.01B | +35.7% | 9.621% | 0.45% |
| 2 | Capital International Investors | 31.4M | $3.92B | +52.5% | 9.416% | 0.92% |
| 3 | BlackRock, Inc. | 17.8M | $2.22B | +21.5% | 5.317% | 0.04% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 14.7M | $1.84B | β | 4.415% | 0.10% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 14.1M | $1.76B | β | 4.216% | 0.04% |
| 6 | MORGAN STANLEY | 9.3M | $1.16B | -1.0% | 2.781% | 0.07% |
| 7 | Capital Research Global Investors | 7.6M | $950.4M | +8.7% | 2.281% | 0.15% |
| 8 | STATE STREET CORP | 7.0M | $876.2M | +14.6% | 2.103% | 0.03% |
| 9 | UBS Group AG | 6.9M | $858.2M | +4.4% | 2.059% | 0.13% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 4.7M | $579.4M | +19.0% | 1.394% | 0.04% |
| 11 | Capital World Investors | 4.3M | $534.4M | +47.1% | 1.282% | 0.07% |
| 12 | BANK OF AMERICA CORP /DE/ | 4.0M | $494.9M | +3.0% | 1.188% | 0.04% |
| 13 | GOLDMAN SACHS GROUP INC | 3.9M | $481.5M | -28.4% | 1.155% | 0.06% |
| 14 | Marex Group plc | 3.5M | $434.0M | +14.3% | 1.041% | 1.19% |
| 15 | Belvedere Trading LLC | 3.3M | $408.7M | -19.9% | 0.981% | 0.61% |
| 16 | Defiance ETFs, LLC | 2.9M | $386.8M | β | 0.863% | 5.54% |
| 17 | Harvest Portfolios Group Inc. | 2.7M | $334.4M | +27.0% | 0.802% | 5.52% |
| 18 | Parallax Volatility Advisers, L.P. | 1.9M | $312.2M | β | 0.570% | 1.70% |
| 19 | CANTOR FITZGERALD, L. P. | 2.3M | $287.5M | β | 0.690% | 8.75% |
| 20 | Invesco Ltd. | 2.1M | $266.1M | +17.3% | 0.638% | 0.04% |
| 21 | VANGUARD FIDUCIARY TRUST CO | 1.9M | $243.3M | β | 0.584% | 0.06% |
| 22 | RENAISSANCE TECHNOLOGIES LLC | 2.1M | $230.8M | +122.6% | 0.638% | 0.36% |
| 23 | NORTHERN TRUST CORP | 1.8M | $219.9M | +11.4% | 0.528% | 0.03% |
| 24 | BANK OF MONTREAL /CAN/ | 1.7M | $212.0M | -24.8% | 0.509% | 0.08% |
| 25 | Weiss Asset Management LP | 1.6M | $204.5M | -47.3% | 0.491% | 4.44% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in MSTR β a direct measure of their conviction.
Filings activity in MSTR during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 903 | 2.8% | 69.93% | 30.01 pp | $28.95B | 30% |
| Q4 2025 | 929 | 11% | 99.94% | 75.06 pp | $41.37B | 43% |
| Q3 2025 | 1,038 | 6.9% | 175.00% | 24.99 pp | $72.44B | 19% |
| Q2 2025 | 1,115 | +16% | 199.99% | +91.47 pp | $89.36B | +99% |
| Q1 2025 | 963 | +5.0% | 108.52% | 21.53 pp | $44.92B | 17% |
| Q4 2024 | 917 | +46% | 130.05% | +71.31 pp | $53.83B | +121% |
| Q3 2024 | 626 | +12% | 58.74% | +15.51 pp | $24.32B | +36% |
| Q2 2024 | 561 | β | 43.23% | β | $17.89B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying MSTR stock.
Based on Q1 2026 13F filings, institutional ownership of Strategy Inc stands at 69.9%, held across 903 reporting institutions.
SUSQUEHANNA INTERNATIONAL GROUP, LLP is the largest reported institutional holder of MSTR, with approximately 32,127,336 shares worth $4.01B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of MSTR, including SUSQUEHANNA INTERNATIONAL GROUP, LLP, RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for MSTR is 36 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
155 institutions opened new positions in MSTR during Q1 2026, while 181 fully exited. 202 added to existing positions and 542 trimmed.
MSTR institutional ownership fell by 30.01 percentage points quarter-over-quarter, with a net change of -26 holders.
The top 10 institutions account for 62.8% of all reported 13F value in MSTR, and the top 25 account for 80.2%.
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.
Strategy Inc (MSTR) Institutional Ownership