Who owns Strategy (MSTR)
Which tracked institutional funds hold MSTR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MSTR company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on MSTR is one-sided between 2026-Q1 and 2026-Q2: 125 added or opened and 392 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
MSTR’s largest tracked holder by dollar value, Capital International Investors, sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in MSTR divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 915 tracked filers holding MSTR, 509 increased or opened the position and 498 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in MSTR between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 36
- PEAK6 LLC$34M
- Bitwise Funds Trust$33M
- Caitong International Asset Management Co., Ltd$29M
- IMC-Chicago, LLC$26M
- COMPASS ROSE ASSET MANAGEMENT, LP$18M
- OSSIAM$16M
Full exits 81
- Defiance ETFs, LLC$359M
- Alberta Investment Management Corp$172M
- HRT FINANCIAL LP$108M
- SG Americas Securities, LLC$70M
- Amundi$66M
- CWM, LLC$51M
Largest adds
- GOLDMAN SACHS GROUP INC$283M
- JANE STREET GROUP, LLC$204M
- CAPSTONE INVESTMENT ADVISORS, LLC$105M
- Capula Management Ltd$87M
- WELLS FARGO & COMPANY/MN$84M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$59M
Largest trims
- Capital International Investors$926M
- Capital Research Global Investors$690M
- VANGUARD PORTFOLIO MANAGEMENT LLC$505M
- VANGUARD CAPITAL MANAGEMENT LLC$458M
- NORGES BANK$420M
- BANK OF AMERICA CORP /DE/$393M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Capital International Investors added | 34,902,002 | $3.0B | 17.7% | 2026-Q2 |
| BlackRock, Inc. added | 19,394,284 | $1.7B | 9.8% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 15,353,408 | $1.3B | 7.8% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 14,938,599 | $1.3B | 7.6% | 2026-Q2 |
| Invesco Ltd. added | 9,340,682 | $812M | 4.7% | 2026-Q2 |
| MORGAN STANLEY added | 9,330,454 | $811M | 4.7% | 2026-Q2 |
| STATE STREET CORP added | 7,527,561 | $654M | 3.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 5,810,162 | $505M | 2.9% | 2026-Q2 |
| UBS Group AG trimmed | 4,943,411 | $430M | 2.5% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 4,606,751 | $399M | 2.3% | 2026-Q2 |
| Capital World Investors added | 4,310,934 | $375M | 2.2% | 2026-Q2 |
| NORGES BANK added | 3,979,476 | $346M | 2.0% | 2026-Q2 |
| Harvest Portfolios Group Inc. added | 3,121,927 | $271M | 1.6% | 2026-Q2 |
| Capital Research Global Investors trimmed | 2,993,437 | $260M | 1.5% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 2,677,622 | $233M | 1.4% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 2,553,692 | $222M | 1.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 2,520,930 | $219M | 1.3% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 2,094,345 | $182M | 1.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1,994,253 | $173M | 1.0% | 2026-Q2 |
| NORTHERN TRUST CORP added | 1,831,554 | $159M | 0.9% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,795,815 | $156M | 0.9% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 1,611,134 | $89M | 0.5% | 2026-Q2 |
| Clear Street Group Inc. added | 1,554,968 | $135M | 0.8% | 2026-Q2 |
| Marex Group Ltd trimmed | 1,471,629 | $128M | 0.7% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC added | 1,465,162 | $81M | 0.5% | 2026-Q2 |
| Legal & General Group Plc added | 1,420,987 | $124M | 0.7% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 1,346,925 | $117M | 0.7% | 2026-Q2 |
| CAPSTONE INVESTMENT ADVISORS, LLC added | 1,298,361 | $113M | 0.7% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 1,213,511 | $40M | 0.2% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 1,207,518 | $105M | 0.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,176,925 | $102M | 0.6% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 1,154,392 | $35M | 0.2% | 2026-Q2 |
| Quadrature Capital Ltd added | 1,148,665 | $100M | 0.6% | 2026-Q2 |
| OneAscent Financial Services LLC added | 1,046,436 | $34M | 0.2% | 2026-Q2 |
| Bank of New York Mellon Corp added | 1,029,623 | $90M | 0.5% | 2026-Q2 |
| Capula Management Ltd added | 1,002,482 | $87M | 0.5% | 2026-Q2 |
| Tidal Investments LLC trimmed | 991,334 | $86M | 0.5% | 2026-Q2 |
| CITIGROUP INC added | 961,554 | $84M | 0.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 943,344 | $52M | 0.3% | 2026-Q2 |
| National Pension Service added | 907,442 | $79M | 0.5% | 2026-Q2 |
| CANTOR FITZGERALD, L. P. trimmed | 887,996 | $77M | 0.4% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 874,925 | $76M | 0.4% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 855,839 | $74M | 0.4% | 2026-Q2 |
| NATIXIS added | 852,901 | $74M | 0.4% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 747,914 | $41M | 0.2% | 2026-Q2 |
| LPL Financial LLC added | 739,642 | $64M | 0.4% | 2026-Q2 |
| Swiss National Bank trimmed | 736,300 | $64M | 0.4% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 709,590 | $62M | 0.4% | 2026-Q2 |
| BARCLAYS PLC trimmed | 696,319 | $61M | 0.4% | 2026-Q2 |
| Weiss Asset Management LP trimmed | 629,895 | $55M | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 624,387 | $58M | 0.3% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 605,800 | $53M | 0.3% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. added | 604,139 | $53M | 0.3% | 2026-Q2 |
| Nuveen, LLC added | 591,571 | $51M | 0.3% | 2026-Q2 |
| Faithward Advisors, LLC trimmed | 544,378 | $18M | 0.1% | 2026-Q2 |
| Strategic Equity Management added | 542,739 | $17M | 0.1% | 2026-Q2 |
| O'Connor Financial Group LLC trimmed | 496,003 | $15M | 0.1% | 2026-Q2 |
| WJ Interests, LLC added | 475,502 | $16M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 466,204 | $41M | 0.2% | 2026-Q2 |
| Bare Financial Services, Inc added | 452,904 | $15M | 0.1% | 2026-Q2 |
| Prospera Financial Services Inc trimmed | 442,285 | $24M | 0.1% | 2026-Q2 |
| FMR LLC trimmed | 439,718 | $38M | 0.2% | 2026-Q2 |
| CTC LLC trimmed | 432,111 | $38M | 0.2% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 426,378 | $37M | 0.2% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 420,290 | $37M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 400,891 | $35M | 0.2% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 393,733 | $22M | 0.1% | 2026-Q2 |
| PEAK6 LLC added | 388,347 | $34M | 0.2% | 2026-Q2 |
| Bitwise Funds Trust new | 381,626 | $33M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 381,048 | $33M | 0.2% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC added | 354,131 | $31M | 0.2% | 2026-Q2 |
| Pacific Sage Partners, LLC trimmed | 353,250 | $20M | 0.1% | 2026-Q2 |
| Belvedere Trading LLC added | 346,855 | $30M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 343,869 | $30M | 0.2% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd added | 334,219 | $29M | 0.2% | 2026-Q2 |
| IHT Wealth Management, LLC trimmed | 326,874 | $18M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 322,176 | $28M | 0.2% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 319,850 | $28M | 0.2% | 2026-Q2 |
| Foundations Investment Advisors, LLC added | 318,171 | $28M | 0.2% | 2026-Q2 |
| ProShare Advisors LLC trimmed | 309,680 | $27M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 308,400 | $27M | 0.2% | 2026-Q2 |
| IMC-Chicago, LLC added | 294,903 | $26M | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 282,158 | $17M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM added | 271,273 | $24M | 0.1% | 2026-Q2 |
| OFI INVEST ASSET MANAGEMENT added | 268,183 | $20M | 0.1% | 2026-Q2 |
| AVIVA PLC added | 229,471 | $20M | 0.1% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 225,861 | $20M | 0.1% | 2026-Q2 |
| GROUP ONE TRADING LLC added | 220,929 | $19M | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 219,538 | $19M | 0.1% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 211,203 | $18M | 0.1% | 2026-Q2 |
| COMPASS ROSE ASSET MANAGEMENT, LP new | 202,500 | $18M | 0.1% | 2026-Q2 |
| Aspiring Ventures, LLC added | 189,247 | $16M | 0.1% | 2026-Q2 |
| OSSIAM trimmed | 185,641 | $16M | 0.1% | 2026-Q2 |
| NEOS Investment Management LLC added | 183,301 | $16M | 0.1% | 2026-Q2 |
| LMR Partners LLP trimmed | 180,681 | $16M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 172,455 | $15M | 0.1% | 2026-Q2 |
| CREDIT AGRICOLE S A added | 161,080 | $14M | 0.1% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 160,534 | $14M | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 159,125 | $14M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 158,979 | $14M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.