STATE OF MICHIGAN RETIREMENT SYSTEM
PensionPosition in SHOP — Shopify Inc.
CIK 762152
EAST LANSING, MI
Position in SHOP
as of Jun 30, 2026
· filed Jul 30, 2026
Position Value
$21,412,632
+$9,574,356 QoQ
Shares Held
187,534
+87.9% QoQ
Ownership
0.015%
of shares outstanding
% of Portfolio
0.10%
of 13F equity value
Holder Rank
#234
of 1,697 holders
Holding Since
Jun 2022
17 quarters on record
Voting authority
Sole 100%
Shared 0%
None 0%
Common Shares in SHOP Over Time
Shares Held
Position Value (USD)
Position in Software - Application
Technology · as of Jun 30, 2026STATE OF MICHIGAN RETIREMENT SYSTEM holds $961,555,876 across 32 Software - Application names. SHOP ranks #10 (2.2% of the industry book) .
| # | Ticker | Company | Shares | Value (USD) | Open |
|---|---|---|---|---|---|
| 1 | ADBE |
Adobe Inc.
|
1,349,261 | $276,625,490 | |
| 2 | HUBS |
Hubspot Inc
|
1,188,887 | $216,983,766 | |
| 3 | DUOL |
Duolingo, Inc.
|
1,306,107 | $150,228,427 | |
| 4 | NOW |
ServiceNow, Inc.
|
382,187 | $37,943,525 | |
| 5 | UBER |
Uber Technologies, Inc
|
521,200 | $37,609,792 | |
| 6 | CRM |
Salesforce, Inc.
|
228,643 | $35,819,212 | |
| 7 | CDNS |
Cadence Design Systems Inc
|
76,023 | $28,532,952 | |
| 8 | ADP |
Automatic Data Processing Inc
|
116,703 | $26,135,636 |
All Filings in SHOP
Export CSV
17 filing rows on record
| Report Date | Value (USD) | Shares | Type | Discretion | Filed | |
|---|---|---|---|---|---|---|
| 2026-06-30 | $21,412,632 | 187,534 | Shares | Sole | 2026-07-30 | |
| 2026-03-31 | $11,838,276 | 99,800 | Shares | Sole | 2026-05-04 | |
| 2025-12-31 | $18,865,684 | 117,200 | Shares | Sole | 2026-01-29 | |
| 2025-09-30 | $17,417,092 | 117,200 | Shares | Sole | 2025-11-05 | |
| 2025-06-30 | $13,519,020 | 117,200 | Shares | Sole | 2025-08-05 | |
| 2025-03-31 | $11,190,256 | 117,200 | Shares | Sole | 2025-04-30 | |
| 2024-12-31 | $14,747,971 | 138,700 | Shares | Sole | 2025-02-06 | |
| 2024-09-30 | $12,822,400 | 160,000 | Shares | Sole | 2024-11-04 | |
| 2024-06-30 | $10,568,000 | 160,000 | Shares | Sole | 2024-07-26 | |
| 2024-03-31 | $12,347,200 | 160,000 | Shares | Sole | 2024-04-18 | |
| 2023-12-31 | $12,464,000 | 160,000 | Shares | Sole | 2024-01-23 | |
| 2023-09-30 | $8,731,200 | 160,000 | Shares | Sole | 2023-10-27 | |
| 2023-06-30 | $10,336,000 | 160,000 | Shares | Sole | 2023-07-26 | |
| 2023-03-31 | $7,670,400 | 160,000 | Shares | Sole | 2023-04-28 | |
| 2022-12-31 | $5,553,600 | 160,000 | Shares | Sole | 2023-01-27 | |
| 2022-09-30 | $4,310,400 | 160,000 | Shares | Sole | 2022-10-24 | |
| 2022-06-30 | $5,067,440 | 162,210 | Shares | Sole | 2022-08-08 | |
| No filing history on record for this holder in this stock. | ||||||