SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

BNP PARIBAS ARBITRAGE, SA's Holding History (CIK: 0001166588)

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

Q4 2025

Shares 1,031,124 Value ($000) $165,980 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 661,936 Value ($000) $98,370 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 988,737 Value ($000) $114,051 Avg Close $100.02 Range $69.84 - $117.36

Q1 2025

Shares 31,793 Value ($000) $3,036 Avg Close $108.97 Range $89.10 - $129.38

Q4 2021

Shares 20,231 Value ($000) $27,865,977 Avg Close $146.12 Range $127.19 - $176.29

Q3 2021

Shares 9,655 Value ($000) $13,090,056 Avg Close $149.84 Range $134.11 - $165.00

Q2 2021

Shares 13,172 Value ($000) $19,244,029 Avg Close $123.22 Range $102.51 - $155.22

Q1 2021

Shares 6,158 Value ($000) $6,813,827 Avg Close $120.82 Range $100.51 - $149.97

Q4 2020

Shares 9,782 Value ($000) $11,072,735 Avg Close $104.97 Range $87.50 - $128.52

Q3 2020

Shares 5,349 Value ($000) $5,471,867 Avg Close $99.42 Range $83.94 - $114.69

Q2 2020

Shares 1,546 Value ($000) $1,467,463 Avg Close $69.41 Range $33.45 - $95.88

Q1 2020

Shares 132 Value ($000) $55,035 Avg Close $45.08 Range $30.53 - $59.39

Q4 2019

Shares 275 Value ($000) $109,334 Avg Close $33.82 Range $28.21 - $41.66

Q3 2019

Shares 3,128 Value ($000) $974,872 Avg Close $34.24 Range $28.61 - $40.96

Q2 2019

Shares 4,386 Value ($000) $1,316,458 Avg Close $26.03 Range $19.04 - $33.89

Q1 2019

Shares 3,695 Value ($000) $763,461 Avg Close $17.66 Range $12.95 - $20.96

Q4 2018

Shares 5,880 Value ($000) $814,086 Avg Close $14.08 Range $11.76 - $16.69

Q3 2018

Shares 1,821 Value ($000) $299,482 Avg Close $15.23 Range $13.06 - $17.66

Q2 2018

Shares 3,198 Value ($000) $466,556 Avg Close $14.15 Range $11.25 - $17.51

Q1 2018

Shares 2,400 Value ($000) $299,016 Avg Close $12.94 Range $10.10 - $15.48

Q4 2017

Shares 7,391 Value ($000) $746,491 Avg Close $10.24 Range $8.94 - $12.07

Q3 2017

Shares 30 Value ($000) $3,495 Avg Close $10.21 Range $8.48 - $12.39

Q2 2017

Shares 654 Value ($000) $56,833 Avg Close $8.46 Range $6.72 - $10.08

Q1 2017

Shares 1,144 Value ($000) $77,895 Avg Close $5.76 Range $4.21 - $7.30

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,031,124	$165,980	$160.56	$136.18 - $182.19
Q3 2025	661,936	$98,370	$135.57	$111.33 - $159.01
Q2 2025	988,737	$114,051	$100.02	$69.84 - $117.36
Q1 2025	31,793	$3,036	$108.97	$89.10 - $129.38
Q4 2021	20,231	$27,865,977	$146.12	$127.19 - $176.29
Q3 2021	9,655	$13,090,056	$149.84	$134.11 - $165.00
Q2 2021	13,172	$19,244,029	$123.22	$102.51 - $155.22
Q1 2021	6,158	$6,813,827	$120.82	$100.51 - $149.97
Q4 2020	9,782	$11,072,735	$104.97	$87.50 - $128.52
Q3 2020	5,349	$5,471,867	$99.42	$83.94 - $114.69
Q2 2020	1,546	$1,467,463	$69.41	$33.45 - $95.88
Q1 2020	132	$55,035	$45.08	$30.53 - $59.39
Q4 2019	275	$109,334	$33.82	$28.21 - $41.66
Q3 2019	3,128	$974,872	$34.24	$28.61 - $40.96
Q2 2019	4,386	$1,316,458	$26.03	$19.04 - $33.89
Q1 2019	3,695	$763,461	$17.66	$12.95 - $20.96
Q4 2018	5,880	$814,086	$14.08	$11.76 - $16.69
Q3 2018	1,821	$299,482	$15.23	$13.06 - $17.66
Q2 2018	3,198	$466,556	$14.15	$11.25 - $17.51
Q1 2018	2,400	$299,016	$12.94	$10.10 - $15.48
Q4 2017	7,391	$746,491	$10.24	$8.94 - $12.07
Q3 2017	30	$3,495	$10.21	$8.48 - $12.39
Q2 2017	654	$56,833	$8.46	$6.72 - $10.08
Q1 2017	1,144	$77,895	$5.76	$4.21 - $7.30