SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

GATEWAY INVESTMENT ADVISERS LLC's Holding History (CIK: 0001114618)

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

Q4 2025

Shares 50,811 Value ($000) $8,179 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 50,567 Value ($000) $7,515 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 49,617 Value ($000) $5,723 Avg Close $100.02 Range $69.84 - $117.36

Q1 2025

Shares 49,583 Value ($000) $4,734 Avg Close $108.97 Range $89.10 - $129.38

Q4 2024

Shares 49,414 Value ($000) $5,254 Avg Close $97.26 Range $77.12 - $120.72

Q3 2024

Shares 50,288 Value ($000) $4,030 Avg Close $69.07 Range $48.56 - $81.15

Q2 2024

Shares 53,438 Value ($000) $3,530 Avg Close $66.33 Range $56.31 - $79.29

Q1 2024

Shares 60,693 Value ($000) $4,684 Avg Close $79.00 Range $70.61 - $91.57

Q4 2023

Shares 60,682 Value ($000) $4,727 Avg Close $63.86 Range $45.50 - $79.99

Q3 2023

Shares 48,237 Value ($000) $2,632 Avg Close $60.59 Range $50.59 - $71.43

Q2 2023

Shares 69,665 Value ($000) $4,500 Avg Close $56.53 Range $43.50 - $67.36

Q1 2023

Shares 125,730 Value ($000) $6,027 Avg Close $44.00 Range $34.65 - $54.66

Q4 2022

Shares 77,216 Value ($000) $2,680 Avg Close $34.15 Range $23.63 - $45.06

Q3 2022

Shares 74,452 Value ($000) $2,006 Avg Close $34.02 Range $26.38 - $45.43

Q2 2022

Shares 24,621 Value ($000) $769 Avg Close $42.70 Range $29.76 - $74.13

Q1 2022

Shares 4,315 Value ($000) $2,917 Avg Close $82.11 Range $51.00 - $139.37

Q4 2021

Shares 2,458 Value ($000) $3,386 Avg Close $146.12 Range $127.19 - $176.29

Q3 2021

Shares 2,264 Value ($000) $3,069 Avg Close $149.84 Range $134.11 - $165.00

Q2 2021

Shares 2,264 Value ($000) $3,308 Avg Close $123.22 Range $102.51 - $155.22

Q1 2021

Shares 2,314 Value ($000) $2,560 Avg Close $120.82 Range $100.51 - $149.97

Q4 2020

Shares 4,703 Value ($000) $5,324 Avg Close $104.97 Range $87.50 - $128.52

Q3 2020

Shares 4,697 Value ($000) $4,805 Avg Close $99.42 Range $83.94 - $114.69

Q2 2020

Shares 810 Value ($000) $769 Avg Close $69.41 Range $33.45 - $95.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	50,811	$8,179	$160.56	$136.18 - $182.19
Q3 2025	50,567	$7,515	$135.57	$111.33 - $159.01
Q2 2025	49,617	$5,723	$100.02	$69.84 - $117.36
Q1 2025	49,583	$4,734	$108.97	$89.10 - $129.38
Q4 2024	49,414	$5,254	$97.26	$77.12 - $120.72
Q3 2024	50,288	$4,030	$69.07	$48.56 - $81.15
Q2 2024	53,438	$3,530	$66.33	$56.31 - $79.29
Q1 2024	60,693	$4,684	$79.00	$70.61 - $91.57
Q4 2023	60,682	$4,727	$63.86	$45.50 - $79.99
Q3 2023	48,237	$2,632	$60.59	$50.59 - $71.43
Q2 2023	69,665	$4,500	$56.53	$43.50 - $67.36
Q1 2023	125,730	$6,027	$44.00	$34.65 - $54.66
Q4 2022	77,216	$2,680	$34.15	$23.63 - $45.06
Q3 2022	74,452	$2,006	$34.02	$26.38 - $45.43
Q2 2022	24,621	$769	$42.70	$29.76 - $74.13
Q1 2022	4,315	$2,917	$82.11	$51.00 - $139.37
Q4 2021	2,458	$3,386	$146.12	$127.19 - $176.29
Q3 2021	2,264	$3,069	$149.84	$134.11 - $165.00
Q2 2021	2,264	$3,308	$123.22	$102.51 - $155.22
Q1 2021	2,314	$2,560	$120.82	$100.51 - $149.97
Q4 2020	4,703	$5,324	$104.97	$87.50 - $128.52
Q3 2020	4,697	$4,805	$99.42	$83.94 - $114.69
Q2 2020	810	$769	$69.41	$33.45 - $95.88