DaveManuel.com · Institutional Ownership · Who Owns It
STRATEGY INC (MSTR)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
891
Reporting holders
$35.4B
Reported value
22.7%
Calls
25.4%
Puts
-83
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Capital International Investors | $3.0B | 34,902,002 | 0.63% | 21q | +11.0%+$300.8M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2.7B incl. $2.5B options CALL+PUT | 2,520,930 | 0.21% | 31q | +96.5%+$1.3B |
| JANE STREET GROUP, LLC | $2.4B incl. $2.1B options CALL+PUT | 2,677,622 | 0.20% | 25q | +1176.1%+$2.2B |
| CITADEL ADVISORS LLC | $2.2B incl. $2.2B options CALL+PUT | 117,928 | 0.25% | 31q | -90.3%-$20.4B |
| IMC-Chicago, LLC | $1.9B incl. $1.8B options CALL+PUT | 294,903 | 0.45% | 19q | HELD |
| CTC LLC | $1.9B incl. $1.8B options CALL+PUT | 432,111 | 0.59% | 11q | -14.5%-$313.8M |
| BlackRock, Inc. | $1.7B | 19,394,284 | 0.03% | 8q | +9.2%+$142.6M |
| Tidal Investments LLC | $1.4B incl. $1.4B options CALL+PUT | 991,334 | 2.50% | 23q | -27.1%-$537.8M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.3B | 15,353,408 | 0.06% | 2q | +4.1%+$53.2M |
| VANGUARD CAPITAL MANAGEMENT LLC | $1.3B | 14,938,599 | 0.03% | 2q | +6.1%+$74.9M |
| GOLDMAN SACHS GROUP INC | $966.8M incl. $461.7M options CALL+PUT | 5,810,162 | 0.08% | 31q | +225.2%+$669.5M |
| Invesco Ltd. | $812.0M | 9,340,682 | 0.06% | 31q | +7.1%+$53.6M |
| MORGAN STANLEY | $811.1M | 9,330,454 | 0.04% | 35q | HELD |
| STATE STREET CORP | $654.4M | 7,527,561 | 0.02% | 31q | +7.2%+$44.0M |
| UBS Group AG | $542.0M incl. $112.3M options CALL+PUT | 4,943,411 | 0.07% | 31q | -21.7%-$150.0M |
| SIMPLEX TRADING, LLC | $402.2M CALL+PUT | options only | 0.24% | 23q | OPTIONS |
| GEODE CAPITAL MANAGEMENT, LLC | $399.3M | 4,606,751 | 0.02% | 31q | -1.1%-$4.3M |
| Capital World Investors | $374.8M | 4,310,934 | 0.04% | 22q | +0.7%+$2.5M |
| NORGES BANK | $345.9M | 3,979,476 | 0.03% | 10q | +12.8%+$39.2M |
| GROUP ONE TRADING LLC | $323.8M incl. $304.6M options CALL+PUT | 220,929 | 0.46% | 23q | +734.3%+$285.0M |
| Marex Group Ltd | $317.9M incl. $190.0M options CALL+PUT | 1,471,629 | 1.35% | 10q | -56.9%-$419.1M |
| Optiver Holding B.V. | $317.9M CALL+PUT | options only | 0.09% | 3q | OPTIONS |
| WELLS FARGO & COMPANY/MN | $308.7M incl. $135.4M options CALL+PUT | 1,994,253 | 0.05% | 31q | +174.7%+$196.3M |
| Belvedere Trading LLC | $294.0M incl. $263.9M options CALL+PUT | 346,855 | 0.34% | 17q | +11.6%+$30.6M |
| CANTOR FITZGERALD, L. P. | $283.0M incl. $128.7M options CALL+PUT | 1,775,992 | 1.53% | 7q | -2.6%-$7.6M |
| Harvest Portfolios Group Inc. | $271.4M | 3,121,927 | 3.83% | 6q | +16.5%+$38.4M |
| Capital Research Global Investors | $260.3M | 2,993,437 | 0.04% | 16q | -60.7%-$401.9M |
| D. E. Shaw & Co., Inc. | $252.9M incl. $237.9M options CALL+PUT | 172,455 | 0.12% | 7q | +498.6%+$210.7M |
| CAPSTONE INVESTMENT ADVISORS, LLC | $233.0M incl. $120.1M options CALL+PUT | 1,298,361 | 0.43% | 15q | +1948.1%+$221.6M |
| LMR Partners LLP | $232.5M incl. $216.8M options CALL+PUT | 180,681 | 0.87% | 10q | -35.0%-$125.3M |
| RENAISSANCE TECHNOLOGIES LLC | $222.0M | 2,553,692 | 0.31% | 8q | +19.8%+$36.8M |
| PEAK6 LLC | $194.9M incl. $161.2M options CALL+PUT | 388,347 | 0.40% | 7q | HELD |
| MILLENNIUM MANAGEMENT LLC | $185.5M CALL+PUT | options only | 0.07% | 17q | OPTIONS |
| VANGUARD FIDUCIARY TRUST CO | $182.1M | 2,094,345 | 0.04% | 2q | +7.4%+$12.6M |
| Capula Management Ltd | $174.6M incl. $87.5M options CALL+PUT | 1,002,482 | 0.62% | 7q | +22397.4%+$173.9M |
| HRT FINANCIAL LP | $173.1M incl. $53.7M options OPT | 1,991,308 | 0.32% | new | NEW |
| NORTHERN TRUST CORP | $159.2M | 1,831,554 | 0.02% | 31q | +3.9%+$6.0M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $156.1M | 1,795,815 | 0.02% | 31q | +15.4%+$20.8M |
| JPMORGAN CHASE & CO | $155.5M incl. $97.7M options CALL+PUT | 624,387 | 0.01% | 14q | +10.6%+$15.0M |
| Parallax Volatility Advisers, L.P. | $143.9M incl. $141.2M options CALL+PUT | 30,024 | 0.24% | 21q | -72.7%-$383.5M |
| Clear Street Group Inc. | $135.2M | 1,554,968 | 0.34% | 4q | +21.1%+$23.6M |
| BARCLAYS PLC | $132.2M incl. $71.7M options CALL+PUT | 696,319 | 0.03% | 31q | -9.8%-$14.3M |
| Legal & General Group Plc | $123.5M | 1,420,987 | 0.03% | 31q | +3.5%+$4.2M |
| WOLVERINE ASSET MANAGEMENT LLC | $119.7M incl. $118.1M options CALL+PUT | 18,694 | 1.05% | 21q | +9636.5%+$118.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $117.1M | 1,346,925 | 0.02% | 31q | -14.4%-$19.7M |
| NATIXIS | $115.4M incl. $41.3M options PUT | 852,901 | 0.46% | 14q | +38.6%+$32.2M |
| Amundi | $115.1M | 1,324,053 | 0.03% | 21q | +148.9%+$68.9M |
| CITIGROUP INC | $107.5M incl. $23.9M options PUT | 961,554 | 0.04% | 31q | +33.0%+$26.7M |
| NATIONAL BANK OF CANADA /FI/ | $105.0M | 1,207,518 | 0.08% | 19q | +127.8%+$58.9M |
| Qube Research & Technologies Ltd | $103.0M CALL+PUT | options only | 0.10% | 12q | OPTIONS |
| BANK OF AMERICA CORP /DE/ | $102.3M | 1,176,925 | 0.01% | 31q | -70.3%-$242.4M |
| Sessa Capital IM, L.P. | $100.0M PUT | options only | 1.67% | 3q | OPTIONS |
| Quadrature Capital Ltd | $99.9M | 1,148,665 | 0.85% | 3q | +174.0%+$63.4M |
| AMERIPRISE FINANCIAL INC | $96.3M incl. $86.9M options PUT | 107,219 | 0.02% | 31q | +24.4%+$18.9M |
| Balyasny Asset Management L.P. | $96.0M incl. $92.2M options CALL+PUT | 43,092 | 0.12% | 14q | +88.9%+$45.2M |
| Hudson Bay Capital Management LP | $94.7M incl. $87.8M options CALL+PUT | 79,432 | 0.26% | 10q | -65.4%-$178.8M |
| Walleye Trading LLC | $90.2M incl. $88.3M options CALL+PUT | 21,975 | 0.10% | 24q | -58.8%-$128.9M |
| Bank of New York Mellon Corp | $89.5M | 1,029,623 | 0.01% | 31q | +1.4%+$1.3M |
| TUDOR INVESTMENT CORP ET AL | $82.4M CALL+PUT | options only | 0.11% | 14q | OPTIONS |
| National Pension Service | $78.9M | 907,442 | 0.05% | 9q | +10.4%+$7.4M |
| MARSHALL WACE, LLP | $77.1M PUT | options only | 0.06% | 4q | OPTIONS |
| DEUTSCHE BANK AG\ | $76.1M | 874,925 | 0.02% | 34q | +11.5%+$7.8M |
| FIRST TRUST ADVISORS LP | $74.4M | 855,839 | 0.04% | 29q | +13.2%+$8.7M |
| Weiss Asset Management LP | $72.1M incl. $17.4M options PUT | 629,895 | 0.76% | 9q | -5.6%-$4.3M |
| EXCHANGE TRADED CONCEPTS, LLC | $70.1M incl. $39.3M options CALL | 354,131 | 0.32% | 21q | +35.1%+$18.2M |
| LPL Financial LLC | $67.5M incl. $3.2M options CALL+PUT | 739,642 | 0.02% | 23q | +4.6%+$3.0M |
| Swiss National Bank | $64.0M | 736,300 | 0.03% | 31q | -3.9%-$2.6M |
| BANK OF MONTREAL /CAN/ | $62.6M incl. $964.9K options CALL+PUT | 709,590 | 0.02% | 17q | -16.8%-$12.6M |
| HSBC HOLDINGS PLC | $61.0M incl. $24.0M options CALL+PUT | 426,378 | 0.03% | 14q | +33.0%+$15.1M |
| SG Americas Securities, LLC | $52.9M incl. $18.7M options PUT | 393,775 | 0.03% | 15q | -29.5%-$22.2M |
| VANGUARD ASSET MANAGEMENT, Ltd | $52.7M | 605,800 | 0.04% | 2q | +14.9%+$6.8M |
| Sumitomo Mitsui Trust Group, Inc. | $52.5M | 604,139 | 0.03% | 9q | +0.8%+$417.8K |
| NOMURA HOLDINGS INC | $52.4M incl. $42.4M options CALL+PUT | 115,109 | 0.06% | 12q | -22.2%-$14.9M |
| CREDIT AGRICOLE S A | $52.3M incl. $38.2M options PUT | 161,080 | 0.11% | 19q | +29.2%+$11.8M |
| SUSQUEHANNA ADVISORS GROUP, INC. | $52.2M PUT | options only | 0.91% | 6q | OPTIONS |
| Nuveen, LLC | $51.4M | 591,571 | 0.01% | 6q | +2.5%+$1.2M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $40.5M | 466,204 | 0.00% | 31q | +9.4%+$3.5M |
| Bitwise Funds Trust | $39.7M incl. $6.5M options CALL | 381,626 | 8.77% | new | FIRST |
| FMR LLC | $38.2M | 439,718 | 0.00% | 22q | -54.9%-$46.6M |
| VAN ECK ASSOCIATES CORP | $36.5M | 420,290 | 0.02% | 21q | +39.4%+$10.3M |
| COMPASS ROSE ASSET MANAGEMENT, LP | $35.2M incl. $17.6M options PUT | 202,500 | 0.99% | new | NEW |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $34.8M | 400,891 | 0.03% | 31q | HELD |
| ROYAL BANK OF CANADA | $33.5M | 385,002 | 0.00% | 31q | +13.6%+$4.0M |
| California Public Employees Retirement System | $33.1M | 381,048 | 0.02% | 31q | -1.9%-$630.2K |
| Vontobel Holding Ltd. | $32.3M incl. $23.4M options CALL+PUT | 102,224 | 0.10% | 13q | -72.6%-$85.6M |
| Man Group plc | $32.1M incl. $25.9M options CALL+PUT | 71,298 | 0.05% | 5q | -31.9%-$15.0M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $30.4M incl. $16.4M options CALL | 160,534 | 0.02% | 10q | +53.6%+$10.6M |
| Mitsubishi UFJ Asset Management Co., Ltd. | $29.9M | 343,869 | 0.02% | 12q | +11.9%+$3.2M |
| Caitong International Asset Management Co., Ltd | $29.1M | 334,219 | 3.99% | new | NEW |
| Virtu Financial LLC | $28.6M | 329,242 | 0.90% | new | NEW |
| Point72 Asset Management, L.P. | $28.6M CALL+PUT | options only | 0.03% | 18q | OPTIONS |
| Greenland Capital Management LP | $28.3M incl. $26.1M options PUT | 25,426 | 3.49% | 7q | HELD |
| RHUMBLINE ADVISERS | $28.0M | 322,176 | 0.02% | 31q | -5.2%-$1.5M |
| Squarepoint Ops LLC | $27.9M incl. $15.4M options CALL+PUT | 143,672 | 0.03% | 13q | +78.6%+$12.3M |
| NEW YORK STATE COMMON RETIREMENT FUND | $27.8M | 319,850 | 0.04% | 31q | -3.4%-$991.0K |
| Foundations Investment Advisors, LLC | $27.7M | 318,171 | 0.28% | 14q | +4.2%+$1.1M |
| ProShare Advisors LLC | $26.9M | 309,680 | 0.04% | 23q | -22.6%-$7.9M |
| BNP PARIBAS FINANCIAL MARKETS | $26.8M | 308,400 | 0.01% | 15q | +49.0%+$8.8M |
| BIT Capital GmbH | $25.5M CALL+PUT | options only | 0.76% | 20q | OPTIONS |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $23.6M | 271,273 | 0.04% | 23q | +4.3%+$966.9K |
Showing the largest 100 of 892 reported holders. The count of 891 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-10-29 | 2026-10-28 | Charter or bylaws amended | filing |
| 2026-10-29 | 2026-10-26 | Directors or officers departed or appointed | filing |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-05 | Le Phong | President & CEO | Sold | 93,738 | $11.1M ×12 |
| 2026-06-05 | Kang Andrew | EVP & CFO | Sold | 33,062 | $3.9M ×12 |
| 2026-05-29 | Patten Jarrod M | Director | Sold | 15,050 | $2.3M ×6 |
| 2026-05-28 | Patten Jarrod M | Director | Sold | 7,250 | $1.1M ×5 |
| 2026-06-22 | Le Phong | President & CEO | Bought | 11,000 | $998.8K |
| 2026-05-19 | Kang Andrew | EVP & CFO | Sold | 5,597 | $927.9K ×2 |
| 2026-05-19 | Kang Andrew | EVP & CFO | Sold | 5,597 | $927.9K |
| 2026-06-09 | Le Phong | President & CEO | Sold | 5,522 | $683.8K ×3 |
| 2026-05-11 | Patten Jarrod M | Director | Sold | 2,750 | $526.9K ×5 |
| 2026-05-19 | Patten Jarrod M | Director | Sold | 3,000 | $500.8K ×3 |
| 2026-08-07 | Patten Jarrod M | Director | Sold | 3,800 | $389.1K ×3 |
| 2026-05-20 | Patten Jarrod M | Director | Sold | 2,250 | $374.3K ×2 |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 339 | $1.2B | 5,786,525 | 100 | 122 | 61 | 28.1% |
| Q2 2026 | 891 | $35.4B | 211,111,301 | 100 | 358 | 269 | 48.2% |
| Q1 2026 | 974 | $46.9B | 198,772,873 | 114 | 443 | 235 | 47.5% |
| Q4 2025 | 1,025 | $56.7B | 175,212,226 | 117 | 371 | 326 | 52.9% |
| Q3 2025 | 1,127 | $118.2B | 142,894,944 | 122 | 486 | 306 | 61.1% |
| Q2 2025 | 1,206 | $125.2B | 137,951,315 | 229 | 502 | 262 | 55.6% |
| Q1 2025 | 1,053 | $79.8B | 125,608,758 | 145 | 496 | 229 | 54.7% |
| Q4 2024 | 1,031 | $85.9B | 107,321,027 | 346 | 359 | 189 | 63.8% |
| Q3 2024 | 684 | $36.8B | 95,417,602 | 137 | 274 | 143 | 56.2% |
| Q2 2024 | 606 | $29.5B | 9,106,415 | 130 | 222 | 150 | 57.5% |
| Q1 2024 | 557 | $47.1B | 11,639,643 | 223 | 147 | 130 | 57.9% |
| Q4 2023 | 392 | $11.2B | 8,840,646 | 88 | 150 | 54 | 50.3% |
| Q3 2023 | 314 | $4.5B | 6,984,914 | 55 | 113 | 68 | 49.2% |
| Q2 2023 | 285 | $4.6B | 6,982,766 | 46 | 99 | 57 | 47.7% |
| Q1 2023 | 267 | $4.1B | 7,302,616 | 73 | 70 | 62 | 48.4% |
| Q4 2022 | 232 | $2.3B | 5,749,160 | 37 | 64 | 73 | 65.1% |
| Q3 2022 | 239 | $9.5B | 35,585,515 | 38 | 59 | 70 | 20.4% |
| Q2 2022 | 248 | $9.4B | 57,983,849 | 55 | 85 | 52 | 14.9% |
| Q1 2022 | 277 | $19.0B | 34,611,140 | 47 | 92 | 83 | 11.4% |
| Q4 2021 | 302 | $23.7B | 41,823,225 | 54 | 104 | 79 | 15.1% |
| Q3 2021 | 294 | $23.5B | 35,519,177 | 55 | 82 | 94 | 12.6% |
| Q2 2021 | 290 | $28.0B | 50,271,942 | 52 | 105 | 86 | 11.6% |
| Q1 2021 | 297 | $22.7B | 44,250,036 | 100 | 74 | 98 | 10.3% |
| Q4 2020 | 237 | $5.7B | 13,147,116 | 89 | 43 | 71 | 9.9% |
| Q3 2020 | 176 | $3.8B | 25,429,311 | 25 | 53 | 78 | 0.4% |
| Q2 2020 | 179 | $1.7B | 14,531,629 | 33 | 57 | 60 | 0.2% |
| Q1 2020 | 167 | $2.2B | 18,660,914 | 19 | 55 | 57 | 0.2% |
| Q4 2019 | 177 | $1.6B | 10,920,985 | 25 | 51 | 64 | 0.7% |
| Q3 2019 | 171 | $2.4B | 16,364,499 | 25 | 54 | 55 | 0.4% |
| Q2 2019 | 162 | $2.3B | 16,129,583 | 15 | 43 | 61 | 0.7% |
| Q1 2019 | 176 | $2.5B | 17,305,614 | 22 | 52 | 76 | 1.0% |
| Q4 2018 | 179 | $2.5B | 19,601,112 | 4 | 1 | 4 | 0.3% |