# Shopify (SHOP): value investors who own it | moatshark

2 value investors held Shopify in their Q3 2026 13F, led by Polen Capital Management, Markel Group.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Polen Capital Management | 4.5% | $523m | Trimmed -27% | 21 |
| Markel Group | 0.1% | $11.7m | Unchanged | 18 |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Polen International Growth Fund | Polen Capital Management | 5.2% | $1.2m | 2026-07-31 |
| Polen Global Growth Fund | Polen Capital Management | 2.9% | $3.2m | 2026-07-31 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/shop). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.