Institutional Investors holds a 68.43% stake in Shopify, a Canadian multinational e-commerce company that offers a suite of services for online retailers. Founded in 2006, Shopify has grown to serve over 1.7 billion businesses in 175 countries and reported annual revenue of $4.61 billion in 2021. With over 10,000 employees, Shopify is among the top 20 largest publicly traded Canadian companies by market capitalization.