Strategy Inc· MSTR

🇺🇸 US · LargeBroad USNASDAQ

Technology Software - Application Website

Price: $153.92
Day: +16.39%
Mkt Cap: $50.92B
52W Range: $81.81 – $365.21
Volume: 54.15M
Beta: 3.60

D55D FrameworkQuarterly Data

Holdings Analysis

Insider activity, institutional flows, and fund ownership.

Smart Money: 3.6 / 5 (Bullish), from 3 of 3 components
Institutions Q2 2026: 1,012 institutions hold; 480 added, 286 reduced
Insiders Q3 2026: no purchases, 9 sales ($1.2M)

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Strategy Inc

MSTR|Technology|Software - Application

Current price: $154

Smart Money

Dimension 5 of 5

Insider selling pace · Q3 2026

0.1x

quarter in progress, filings still arriving

Seller breadth · Q3 2026

2 sellers

vs 4.0 avg per quarter

Institutional net breadth · Q2 2026

+107

592 adding vs 485 reducing

Institutional ownership · Q2 2026

61.6%

1,012 institutions

Insider Selling Pace

Each quarter's selling vs this stock's own trailing 6-quarter average

Light <0.5xRoutineElevated >1.5xHeavy >3xBuying

Institutional Positions

Institutions adding above the line, reducing below, net as a line

NewIncreasedReducedClosedNet

Largest Institutional Holders, Q2 2026

By reported market value, and how each moved in the quarter

Holder

Change

CLEAR STREET GROUP INC.

1.6M

+21.1%

CAPITAL INTERNATIONAL INVESTORS

34.9M

+8.0%

BLACKROCK, INC.

19.4M

+6.3%

VANGUARD PORTFOLIO MANAGEMENT LLC

15.4M

+1.3%

VANGUARD CAPITAL MANAGEMENT LLC

14.9M

+3.2%

TOROSO INVESTMENTS, LLC

13.9M

-16.9%

ETF & Fund Activity, Q2 2026

How the covering funds split between buying, holding and selling

101

157

101 buying157 unchanged35 selling

293 funds held MSTR in Q2 2026, holding 100.9M shares between them, up 5.6% on the quarter.

Largest fund holders

SPDR SERIES TRUST28.1K sh

NATIONWIDE MUTUAL FUNDS13.5K sh

RYDEX VARIABLE TRUST5.1K sh

Notable Insider Transactions, Q3 2026

Largest open-market purchases and sales by value in the last eight quarters

Purchase · Jul 29

Briger Peter L JR

$19.8M

Sale · Jul 11

Montgomery Jeanine

$18.8M

Sale · Jul 9

Shao Wei-Ming

$13.0M

Insider transactions from SEC Form 4 filings; institutional holdings from quarterly 13F filings, which are reported with a lag and can overlap between filers. 13F: quarterly institutional holdings report · ETF: Exchange-Traded Fund

See the complete picture

The full 5D Framework: Business Quality · Peer Comparison · Valuation · Analyst Sentiment · Smart Money

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Generated September 20, 2026

For educational purposes only. Not financial advice. Data may be delayed or incomplete.

Smart Money Sentiment

MSTR Smart Money Sentiment Score

A weighted 1-5 sentiment score across three smart money signals.

Smart Money

3.6/5

Bullish

Weighted across 3 components

Component Breakdown (3 of 3 available)

Insider Activity

40% weight

Institutional Flow

50% weight

+52

Fund Flow

10% weight

+60

Overall Smart Money sentiment of 3.6/5 (Bullish) based on a weighted combination of 3 components. Insider activity uses a relative-baseline comparison against the stock's own history; institutional flow tracks position momentum and 13F share changes; fund flow measures ETF / mutual-fund buying vs selling. Higher scores indicate stronger bullish sentiment from professional investors.Last updated September 19, 2026.

Insider Trading Activity

Insider trading analysis comparing the latest quarter against the stock's own historical baseline.

Insider Selling Pace for MSTR

Each quarter's selling vs the stock's own trailing 6-quarter average; 1.0x is typical for this stock. Green triangles mark quarters with insider buying.

Neutral

Routine insider selling in Q3 2026

9 sales totaling $1.2M (10.9K shares)

Share volume is well below the historical pace (0.1x average), insiders are holding more

Buying seen in 7 of 15 quarters

Insider buying in 4 of the last 4 quarters

0.1x

Selling pace

quarter in progress, filings still arriving

1.87%

Stake sold

of active insiders' holdings

2 sellers

Seller breadth

vs 4.0 avg per quarter

Q2 2026

Last insider purchase

buying in 7 of 16 quarters

Notable Recent Transactions, MSTR

Top 8 highest-value insider trades from the last 8 quarters

Briger Peter L JR

Director

Buy

220,000 shares at $90.00

≈100.0% of their stake after buying

Jul 29, 2025$19.80M

Montgomery Jeanine

Sell

43,750 shares at $430.54

≈83.6% of their stake at the time

Jul 11, 2025$18.84M

Shao Wei-Ming

General Counsel

Sell

32,500 shares at $401.47

≈71.9% of their stake at the time

Jul 9, 2025$13.05M

RICKERTSEN CARL J

Director

Sell

25,000 shares at $372.33

≈91.3% of their stake at the time

Jun 2, 2025$9.31M

GRAHAM STEPHEN X

Director

Sell

15,700 shares at $380.72

≈54.6% of their stake at the time

Nov 13, 2024$5.98M

RECHAN LESLIE J

Director

Sell

17,800 shares at $325.23

≈71.3% of their stake at the time

Nov 11, 2024$5.79M

Shao Wei-Ming

Sevp & General Counsel

Sell

20,000 shares at $271.98

≈75.6% of their stake at the time

Nov 7, 2024$5.44M

Shao Wei-Ming

General Counsel

Sell

10,000 shares at $420.79

≈48.6% of their stake at the time

May 12, 2025$4.21M

Institutional Ownership Analysis

Institutional ownership analysis with position momentum, 13F share flow, and ownership percentage trends.

Institutional Positions for MSTR

Institutions adding (new + increased) above zero, reducing (reduced + closed) below, net as a line

New Increased Reduced Closed Net (adding − reducing)

Bullish Signal

Institutions accumulating in Q2 2026

61.6% institutional ownership

Slight accumulation: 592 adding vs 485 reducing

13F shares increased by 7.3%, a significant shift

Momentum weakening from prior quarter

+107

Net breadth

592 adding vs 485 reducing

Accumulating

1.22

Add / reduce ratio

in Q2 2026

-87

New − closed

112 initiated, 199 exited

8 of 10

Top holders adding

largest holders with a known change

Position Changes

Q2 2026: how are institutions adjusting their positions?

+592 growing-485 shrinkingNet: +107

112

480

286

199

New (112)

Increased (480)

Reduced (286)

Closed (199)

Top Institutional Holders, MSTR

Largest 8 institutional positions by ownership percentage as of Q2 2026

CAPITAL INTERNATIONAL INVESTORS

34.9M

$3.0B

Ownership

10.17%

+8.0%

BLACKROCK, INC.

19.4M

$1.7B

Ownership

5.65%

+6.3%

VANGUARD PORTFOLIO MANAGEMENT LLC

15.4M

$1.3B

Ownership

4.47%

+1.3%

VANGUARD CAPITAL MANAGEMENT LLC

14.9M

$1.3B

Ownership

4.35%

+3.2%

TOROSO INVESTMENTS, LLC

13.9M

$1.2B

Ownership

4.05%

-16.9%

CITADEL ADVISORS LLC

12.3M

$1.1B

Ownership

3.67%

+14.7%

CITADEL ADVISORS LLC

12.3M

$1.1B

Ownership

3.57%

+11.6%

INVESCO LTD.

9.3M

$812.0M

Ownership

2.72%

+37.8%

ETF and Mutual Fund Holdings

ETF and mutual fund activity breakdown showing buying vs selling funds, top fund holders, and detailed holdings.

Fund Activity

Q2 2026: 293 ETFs and mutual funds reporting

101 buying35 sellingNet: +66

101

157

Buying (101)

Unchanged (157)

Selling (35)

In total, funds bought 6.4M shares and sold 674.2K this quarter. Each fund counts once in the bar above, whatever the size of its move.

Very Bullish

Funds accumulating in Q2 2026

293 ETFs and mutual funds reporting

101 funds buying vs 35 selling

Top Fund Holders, MSTR

Largest 8 ETF and mutual fund positions by shares held, each fund's latest filing

SPDR SERIES TRUST

28.1K

Weight

0.14%

Jul 31, 2026No change

NATIONWIDE MUTUAL FUNDS

13.5K

Weight

0.00%

Jul 31, 2026Decreased

RYDEX VARIABLE TRUST

5.1K

Weight

0.56%

Jun 30, 2026Increased

JOHN HANCOCK VARIABLE INSURANCE TRUST

5.0K

Weight

0.00%

Jun 30, 2026Increased

Grayscale Funds Trust

3.6K

Weight

1.43%

Jun 30, 2026Decreased

Listed Funds Trust

1.3K

Weight

22.61%

Jul 31, 2026No change

MAINSTAY VP FUNDS TRUST

1.3K

Weight

0.00%

Jun 30, 2026No change

Morgan Stanley ETF Trust

1.2K

Weight

0.00%

Jun 30, 2026Increased

Strategy Inc· MSTR

Holdings Analysis

Insider Trading Activity

1.3Transaction History500Real market purchases and sales onlyShow All Types

Institutional Ownership Analysis

2.4Detailed Holdings167Most recent institutional positions with changes and valuations

ETF and Mutual Fund Holdings

3.3Fund Holdings Details25Most recent ETF and mutual fund holdings with share counts and weights

Search stocks

Holdings Analysis

Insider Trading Activity

1.3Transaction History500Real market purchases and sales onlyShow All Types

Institutional Ownership Analysis

2.4Detailed Holdings167Most recent institutional positions with changes and valuations

ETF and Mutual Fund Holdings

3.3Fund Holdings Details25Most recent ETF and mutual fund holdings with share counts and weights