Strategy Inc - Class A common stock, $0.001 par value per share (MSTR) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Class A common stock, $0.001 par value per share
Symbol
MSTR on Nasdaq
Shares outstanding
266,323,944
Price per share
$151.95
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
139,780,836
Total reported value
$45,040,459,909
% of total 13F portfolios
0.04%
Share change
+4,196,836
Value change
+$990,728,024
Number of holders
1,069
Price from insider filings
$151.95
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Strategy Inc - Class A common stock, $0.001 par value per share (MSTR) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
VANGUARD GROUP INC 7.1% -16% $7,816,546,527 -$863,143,181 18,539,756 -9.9% The Vanguard Group 30 Jun 2025
JANE STREET GROUP, LLC 6.3% +32% $5,406,171,003 +$1,842,928,749 16,778,408 +52% JANE STREET GROUP, LLC 30 Sep 2025
BlackRock, Inc. 5.8% $4,257,773,630 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
Capital International Investors 5.6% $3,802,217,402 12,674,903 Capital International Investors 31 Dec 2024

As of 30 Sep 2025, 1,069 institutional investors reported holding 139,780,836 shares of Strategy Inc - Class A common stock, $0.001 par value per share (MSTR). This represents 52% of the company’s total 266,323,944 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Strategy Inc - Class A common stock, $0.001 par value per share (MSTR) together control 40% 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 7.5% 19,884,275 +7.3% 0.1% $6,406,912,247
Capital International Investors 5.6% 15,014,295 +2.6% 0.78% $4,837,778,394
BlackRock, Inc. 5.5% 14,656,166 +3.3% 0.08% $4,722,363,072
MORGAN STANLEY 3.2% 8,416,982 -8.5% 0.16% $2,712,036,378
STATE STREET CORP 2.2% 5,989,048 +9.2% 0.07% $1,929,731,156
Clear Street Group Inc. 1.8% 4,777,997 0% 7.5% $1,539,518,413
Capital Research Global Investors 1.6% 4,205,258 +34% 0.25% $1,354,981,765
CANTOR FITZGERALD, L. P. 1.5% 4,009,492 -9.2% 25% $1,291,898,417
GEODE CAPITAL MANAGEMENT, LLC 1.4% 3,736,156 +6.1% 0.08% $1,199,955,904
UBS Group AG 0.95% 2,522,401 +64% 0.16% $812,742,825
JPMORGAN CHASE & CO 0.89% 2,375,683 -25% 0.05% $765,474,668
GOLDMAN SACHS GROUP INC 0.79% 2,092,268 +164% 0.1% $674,149,628
Marex Group plc 0.78% 2,082,849 +11% 8.3% $671,209,759
NATIONAL BANK OF CANADA /FI/ 0.77% 2,044,804 +260% 0.74% $658,854,768
Capula Management Ltd 0.66% 1,756,048 +309609% 4.2% $565,816,226
Invesco Ltd. 0.6% 1,593,085 +14% 0.08% $513,308,071
NORTHERN TRUST CORP 0.59% 1,570,323 +5.5% 0.06% $505,973,775
ROYAL BANK OF CANADA 0.59% 1,565,481 +730% 0.09% $504,414,000
Harvest Portfolios Group Inc. 0.58% 1,550,520 +119% 9.2% $499,593,049
FMR LLC 0.56% 1,492,625 -28% 0.03% $480,938,817
Weiss Asset Management LP 0.52% 1,388,564 -37% 6.8% $447,409,206
BANK OF MONTREAL /CAN/ 0.49% 1,298,181 +41% 0.18% $418,286,900
Capital World Investors 0.48% 1,279,132 +21% 0.06% $412,149,122
Legal & General Group Plc 0.47% 1,255,770 +7.5% 0.09% $404,621,644
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC 0.47% 1,251,234 -6.3% 0.09% $403,160,107

Institutional Holders of Strategy Inc - Class A common stock, $0.001 par value per share (MSTR) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 1,880,911 $286,768,316 +$67,531,237 $151.95 136
2025 Q3 139,780,836 $45,040,459,909 +$990,728,024 $322.21 1,069
2025 Q2 136,886,887 $55,317,381,281 +$6,381,110,133 $404.23 1,141
2025 Q1 120,711,091 $34,810,642,275 +$4,383,062,520 $288.27 988
2024 Q4 105,533,459 $30,613,185,550 +$3,951,611,092 $289.62 958
2024 Q3 91,414,302 $15,426,579,620 +$11,957,696,590 $168.60 647
2024 Q2 9,028,016 $12,435,294,957 -$562,550,455 $1377.48 578
2024 Q1 9,419,447 $16,055,159,722 +$1,790,486,849 $1704.56 523
2023 Q4 6,514 $4,114,373 -$4,219,859 $631.62 6
2023 Q3 6,644,321 $2,181,343,773 -$16,902,377 $328.28 278
2023 Q2 6,919,810 $2,368,784,158 +$150,182,782 $342.42 256
2023 Q1 6,497,901 $1,899,296,918 +$278,747,152 $292.32 234
2022 Q4 5,676,086 $803,576,930 -$30,718,961 $141.57 191
2022 Q3 5,807,741 $1,232,836,949 -$63,858,566 $212.26 205
2022 Q2 6,195,001 $1,017,817,500 -$19,928,072 $164.30 206
2022 Q1 6,094,728 $2,962,723,914 +$91,534,848 $486.32 249
2021 Q4 5,918,828 $3,223,275,111 +$134,105,251 $544.49 273
2021 Q3 5,658,519 $3,275,721,662 -$407,924,116 $578.40 274
2021 Q2 6,366,931 $4,230,473,740 +$434,717,193 $664.50 263
2021 Q1 5,613,424 $3,810,274,059 -$351,039,172 $678.80 280
2020 Q4 6,386,956 $2,481,824,969 -$7,213,861 $388.55 223
2020 Q3 6,714,552 $1,010,817,669 -$72,317,932 $150.56 167
2020 Q2 7,249,920 $857,617,292 +$4,064,022 $118.29 176
2020 Q1 7,227,077 $853,524,567 -$48,930,400 $118.10 164
2019 Q4 7,541,601 $1,075,621,545 -$22,623,593 $142.63 173
2019 Q3 7,702,369 $1,142,505,245 -$14,460,270 $148.37 167
2019 Q2 7,977,456 $1,142,589,935 +$67,417,684 $143.31 156
2019 Q1 7,757,676 $1,119,080,720 -$14,211,922 $144.25 169
2018 Q4 7,852,236 $1,003,080,164 -$136,091,572 $127.75 167
2018 Q3 8,921,413 $1,254,384,339 +$3,538,945 $140.62 175
2018 Q2 8,844,471 $1,129,964,681 +$43,023,830 $127.75 170
2018 Q1 8,588,171 $1,107,822,233 +$2,941,991 $128.99 167
2017 Q4 8,549,646 $1,122,644,896 -$21,854,795 $131.30 180
2017 Q3 8,727,206 $1,114,637,057 -$70,401,706 $127.71 163
2017 Q2 8,820,190 $1,690,565,938 -$31,032,118 $191.67 162
2017 Q1 9,106,937 $1,710,328,342 +$193,613,911 $187.80 171
2016 Q4 9,207,796 $1,817,732,036 -$18,825,819 $197.40 190
2016 Q3 9,350,857 $1,565,025,602 -$108,479,023 $167.44 183
2016 Q2 9,984,651 $1,747,669,205 -$7,899,598 $175.02 193
2016 Q1 9,963,026 $1,790,708,327 +$121,445,258 $179.72 201
2015 Q4 9,581,341 $1,717,325,302 +$80,313,887 $179.29 187
2015 Q3 9,026,893 $1,773,455,458 +$60,972,587 $196.47 206
2015 Q2 8,604,185 $1,463,403,386 +$24,503,428 $170.08 178
2015 Q1 8,583,489 $1,452,122,411 -$11,204,923 $169.19 167
2014 Q4 8,688,048 $1,410,879,627 +$26,293,399 $162.40 168
2014 Q3 8,538,137 $1,117,200,045 +$5,460,883 $130.84 147
2014 Q2 8,335,981 $1,172,177,575 +$37,946,887 $140.62 149
2014 Q1 8,316,304 $959,145,564 +$38,269,574 $115.39 150