SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

SANDS CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001020066)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025
Shares 9,506,036 Value ($000) $1,530,187 Avg Close $160.56 Range $136.18 - $182.19
Q3 2025
Shares 6,937,271 Value ($000) $1,030,948 Avg Close $135.57 Range $111.33 - $159.01
Q2 2025
Shares 7,492,615 Value ($000) $864,273 Avg Close $100.02 Range $69.84 - $117.36
Q1 2025
Shares 12,145,821 Value ($000) $1,159,683 Avg Close $108.97 Range $89.10 - $129.38
Q4 2024
Shares 13,778,939 Value ($000) $1,465,115 Avg Close $97.26 Range $77.12 - $120.72
Q3 2024
Shares 15,171,797 Value ($000) $1,215,868 Avg Close $69.07 Range $48.56 - $81.15
Q2 2024
Shares 14,736,374 Value ($000) $973,338 Avg Close $66.33 Range $56.31 - $79.29
Q1 2024
Shares 13,239,020 Value ($000) $1,021,655 Avg Close $79.00 Range $70.61 - $91.57
Q4 2023
Shares 14,805,951 Value ($000) $1,153,384 Avg Close $63.86 Range $45.50 - $79.99
Q3 2023
Shares 15,756,715 Value ($000) $859,844 Avg Close $60.59 Range $50.59 - $71.43
Q2 2023
Shares 16,353,904 Value ($000) $1,056,462 Avg Close $56.53 Range $43.50 - $67.36
Q1 2023
Shares 23,648,206 Value ($000) $1,133,695 Avg Close $44.00 Range $34.65 - $54.66
Q4 2022
Shares 24,802,735 Value ($000) $861 Avg Close $34.15 Range $23.63 - $45.06
Q3 2022
Shares 22,580,247 Value ($000) $608,312 Avg Close $34.02 Range $26.38 - $45.43
Q2 2022
Shares 23,560,742 Value ($000) $736,038 Avg Close $42.70 Range $29.76 - $74.13
Q1 2022
Shares 2,127,581 Value ($000) $1,438,160 Avg Close $82.11 Range $51.00 - $139.37
Q4 2021
Shares 1,402,814 Value ($000) $1,932,222 Avg Close $146.12 Range $127.19 - $176.29
Q3 2021
Shares 1,347,329 Value ($000) $1,826,682 Avg Close $149.84 Range $134.11 - $165.00
Q2 2021
Shares 1,327,253 Value ($000) $1,939,090 Avg Close $123.22 Range $102.51 - $155.22
Q1 2021
Shares 1,278,320 Value ($000) $1,414,461 Avg Close $120.82 Range $100.51 - $149.97
Q4 2020
Shares 885,874 Value ($000) $1,002,765 Avg Close $104.97 Range $87.50 - $128.52
Q3 2020
Shares 894,557 Value ($000) $915,105 Avg Close $99.42 Range $83.94 - $114.69
Q2 2020
Shares 942,519 Value ($000) $894,639 Avg Close $69.41 Range $33.45 - $95.88
Q1 2020
Shares 1,257,255 Value ($000) $524,187 Avg Close $45.08 Range $30.53 - $59.39
Q4 2019
Shares 1,567,345 Value ($000) $623,145 Avg Close $33.82 Range $28.21 - $41.66
Q3 2019
Shares 1,625,756 Value ($000) $506,683 Avg Close $34.24 Range $28.61 - $40.96
Q2 2019
Shares 1,654,775 Value ($000) $496,681 Avg Close $26.03 Range $19.04 - $33.89
Q1 2019
Shares 2,685,641 Value ($000) $554,907 Avg Close $17.66 Range $12.95 - $20.96
Q4 2018
Shares 2,702,506 Value ($000) $374,162 Avg Close $14.08 Range $11.76 - $16.69
Q3 2018
Shares 2,795,876 Value ($000) $459,810 Avg Close $15.23 Range $13.06 - $17.66
Q2 2018
Shares 2,941,921 Value ($000) $429,197 Avg Close $14.15 Range $11.25 - $17.51
Q1 2018
Shares 3,364,796 Value ($000) $419,220 Avg Close $12.94 Range $10.10 - $15.48
Q4 2017
Shares 3,578,904 Value ($000) $361,469 Avg Close $10.24 Range $8.94 - $12.07
Q3 2017
Shares 3,649,394 Value ($000) $425,118 Avg Close $10.21 Range $8.48 - $12.39
Q2 2017
Shares 3,825,529 Value ($000) $332,438 Avg Close $8.46 Range $6.72 - $10.08
Q1 2017
Shares 3,845,633 Value ($000) $261,849 Avg Close $5.76 Range $4.21 - $7.30