| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| VANGUARD GROUP INC | 9% | +26% | $3,656,355,528 | +$839,239,604 | 24,062,886 | +30% | The Vanguard Group | 31 Dec 2025 |
| Capital International Investors | 7.8% | +37% | $3,283,392,771 | +$1,289,250,282 | 20,869,464 | +65% | Capital International Investors | 31 Dec 2025 |
| JANE STREET GROUP, LLC | 7.3% | +17% | $3,068,158,487 | +$428,411,478 | 19,501,420 | +16% | JANE STREET GROUP, LLC | 31 Dec 2025 |
| BlackRock, Inc. | 5.8% | $5,240,959,106 | 14,193,525 | BlackRock, Inc. | 31 Mar 2025 | |||
| SUSQUEHANNA SECURITIES, LLC | 4.8% | -6% | $4,147,660,791 | -$101,794,194 | 12,872,539 | -2.4% | Capital Ventures International | 30 Sep 2025 |
As of 31 Dec 2025, 938 institutional investors reported holding 167,311,945 shares of Strategy Inc - Common Stock (MSTR). This represents 63% of the company’s total 267,557,231 outstanding shares.
The largest institutional shareholders of Strategy Inc - Common Stock (MSTR) together control 48% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | 9% | 24,062,886 | +21% | 0.05% | $3,656,355,527 |
| Capital International Investors | 7.7% | 20,614,868 | +37% | 0.49% | $3,132,459,695 |
| BlackRock, Inc. | 5.5% | 14,607,280 | -0.33% | 0.04% | $2,219,576,259 |
| MORGAN STANLEY | 3.5% | 9,380,398 | +11% | 0.09% | $1,425,351,734 |
| Capital Research Global Investors | 2.6% | 7,008,535 | +67% | 0.2% | $1,064,962,968 |
| STATE STREET CORP | 2.3% | 6,127,301 | +2.3% | 0.03% | $931,043,387 |
| UBS Group AG | 2.2% | 5,760,243 | +128% | 0.17% | $875,268,923 |
| Amundi | 1.8% | 4,790,702 | +374% | 0.22% | $727,947,169 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.5% | 3,911,499 | +4.7% | 0.04% | $592,831,724 |
| BANK OF AMERICA CORP /DE/ | 1.4% | 3,848,306 | +680% | 0.04% | $584,750,097 |
| NORGES BANK | 1.3% | 3,528,397 | 0.06% | $536,139,924 | |
| Marex Group plc | 1.1% | 2,934,332 | +41% | 4.8% | $445,871,748 |
| Capital World Investors | 1.1% | 2,911,311 | +128% | 0.06% | $442,379,109 |
| CANTOR FITZGERALD, L. P. | 0.91% | 2,430,583 | -39% | 11% | $369,327,087 |
| GOLDMAN SACHS GROUP INC | 0.87% | 2,330,142 | +11% | 0.05% | $354,064,992 |
| Harvest Portfolios Group Inc. | 0.79% | 2,110,081 | +36% | 5.6% | $320,626,808 |
| Clear Street Group Inc. | 0.74% | 1,971,486 | -59% | 1.6% | $299,567,298 |
| Invesco Ltd. | 0.68% | 1,817,979 | +14% | 0.04% | $276,241,982 |
| NORTHERN TRUST CORP | 0.59% | 1,581,952 | +0.74% | 0.03% | $240,377,606 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.56% | 1,493,816 | +19% | 0.05% | $226,985,343 |
| Legal & General Group Plc | 0.51% | 1,371,947 | +9.3% | 0.05% | $208,467,346 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.48% | 1,271,015 | +7.8% | 0.03% | $193,130,729 |
| ROYAL BANK OF CANADA | 0.43% | 1,155,972 | -26% | 0.03% | $175,650,000 |
| BARCLAYS PLC | 0.43% | 1,144,912 | +62% | 0.07% | $173,969,382 |
| BANK OF MONTREAL /CAN/ | 0.41% | 1,086,627 | -16% | 0.1% | $236,819,489 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 167,311,945 | $25,484,348,176 | +$3,979,459,947 | $151.95 | 938 |
| 2025 Q3 | 139,792,576 | $45,044,132,702 | +$996,760,116 | $322.21 | 1,075 |
| 2025 Q2 | 136,886,887 | $55,317,381,281 | +$6,381,110,104 | $404.23 | 1,141 |
| 2025 Q1 | 120,843,510 | $34,848,814,608 | +$4,384,583,397 | $288.27 | 992 |
| 2024 Q4 | 105,691,682 | $30,659,007,748 | +$3,555,395,341 | $289.62 | 970 |
| 2024 Q3 | 92,922,197 | $15,680,809,834 | +$12,405,672,209 | $168.60 | 637 |
| 2024 Q2 | 9,014,226 | $12,416,369,898 | -$772,958,975 | $1377.48 | 569 |
| 2024 Q1 | 9,567,730 | $16,307,916,634 | +$2,541,318,364 | $1704.56 | 505 |
| 2023 Q4 | 8,113,388 | $5,124,854,700 | +$771,516,857 | $631.62 | 352 |
| 2023 Q3 | 6,973,515 | $2,289,411,746 | -$5,635,919 | $328.28 | 284 |
| 2023 Q2 | 6,970,371 | $2,386,097,001 | +$150,741,295 | $342.42 | 261 |
| 2023 Q1 | 6,549,218 | $1,914,297,862 | +$279,687,339 | $292.32 | 240 |
| 2022 Q4 | 5,728,950 | $811,062,015 | -$31,475,699 | $141.57 | 199 |
| 2022 Q3 | 5,877,152 | $1,247,568,789 | -$80,309,623 | $212.26 | 213 |
| 2022 Q2 | 6,282,212 | $1,032,292,259 | -$12,261,577 | $164.30 | 213 |
| 2022 Q1 | 6,154,657 | $2,991,867,989 | +$107,646,941 | $486.32 | 254 |
| 2021 Q4 | 5,965,984 | $3,248,951,490 | +$81,071,391 | $544.49 | 278 |
| 2021 Q3 | 5,657,230 | $3,273,796,386 | -$408,933,527 | $578.40 | 275 |
| 2021 Q2 | 6,358,598 | $4,225,383,586 | +$432,930,848 | $664.50 | 258 |
| 2021 Q1 | 5,666,530 | $3,845,821,514 | -$344,470,232 | $678.80 | 280 |
| 2020 Q4 | 6,396,320 | $2,485,462,936 | -$8,550,140 | $388.55 | 225 |
| 2020 Q3 | 6,743,413 | $1,015,162,826 | -$69,718,142 | $150.56 | 171 |
| 2020 Q2 | 7,256,195 | $858,360,292 | +$5,329,888 | $118.29 | 179 |
| 2020 Q1 | 7,227,211 | $853,540,567 | -$49,669,065 | $118.10 | 165 |
| 2019 Q4 | 7,555,668 | $1,077,596,494 | -$22,729,719 | $142.63 | 175 |
| 2019 Q3 | 7,739,719 | $1,148,046,245 | -$31,033,679 | $148.37 | 170 |
| 2019 Q2 | 7,978,637 | $1,142,758,935 | +$41,934,298 | $143.31 | 159 |
| 2019 Q1 | 7,758,215 | $1,119,157,720 | -$14,221,178 | $144.25 | 172 |
| 2018 Q4 | 7,903,053 | $1,009,572,164 | -$141,328,547 | $127.75 | 173 |
| 2018 Q3 | 8,922,938 | $1,254,599,339 | +$3,539,700 | $140.62 | 177 |
| 2018 Q2 | 8,913,125 | $1,138,734,681 | +$15,664,640 | $127.75 | 173 |
| 2018 Q1 | 8,793,781 | $1,134,343,233 | +$17,634,466 | $128.99 | 168 |
| 2017 Q4 | 8,588,796 | $1,127,783,896 | -$19,755,703 | $131.30 | 182 |
| 2017 Q3 | 8,727,220 | $1,114,638,057 | -$70,400,324 | $127.71 | 162 |
| 2017 Q2 | 8,886,365 | $1,703,250,938 | -$24,444,443 | $191.67 | 164 |
| 2017 Q1 | 9,114,595 | $1,711,767,342 | +$193,782,826 | $187.80 | 174 |
| 2016 Q4 | 9,214,571 | $1,819,068,036 | -$18,826,184 | $197.40 | 193 |
| 2016 Q3 | 9,350,857 | $1,565,025,602 | -$108,619,018 | $167.44 | 183 |
| 2016 Q2 | 9,984,651 | $1,747,669,205 | -$7,840,606 | $175.02 | 193 |
| 2016 Q1 | 10,053,271 | $1,806,934,327 | +$136,480,794 | $179.72 | 203 |
| 2015 Q4 | 9,580,716 | $1,717,405,302 | +$77,818,295 | $179.29 | 187 |
| 2015 Q3 | 9,027,283 | $1,773,532,458 | +$60,875,408 | $196.47 | 204 |
| 2015 Q2 | 8,772,524 | $1,492,035,386 | +$26,430,603 | $170.08 | 180 |
| 2015 Q1 | 8,617,567 | $1,457,887,411 | -$8,104,169 | $169.19 | 166 |
| 2014 Q4 | 8,695,065 | $1,412,019,627 | +$26,252,314 | $162.40 | 170 |
| 2014 Q3 | 8,538,328 | $1,117,225,045 | +$5,433,669 | $130.84 | 147 |
| 2014 Q2 | 8,478,593 | $1,192,231,575 | +$11,301,440 | $140.62 | 149 |
| 2014 Q1 | 8,470,717 | $976,963,564 | -$11,515,138 | $115.39 | 151 |