SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Aperio Group, LLC's Holding History (CIK: 0001364615)

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

Q4 2020

Shares 677 Value ($000) $766 Avg Close $104.97 Range $87.50 - $128.52

Q3 2020

Shares 476 Value ($000) $487 Avg Close $99.42 Range $83.94 - $114.69

Q2 2020

Shares 539 Value ($000) $512 Avg Close $69.41 Range $33.45 - $95.88

Q1 2020

Shares 672 Value ($000) $280 Avg Close $45.08 Range $30.53 - $59.39

Q4 2019

Shares 737 Value ($000) $293 Avg Close $33.82 Range $28.21 - $41.66

Q2 2019

Shares 123 Value ($000) $37 Avg Close $26.03 Range $19.04 - $33.89

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2020	677	$766	$104.97	$87.50 - $128.52
Q3 2020	476	$487	$99.42	$83.94 - $114.69
Q2 2020	539	$512	$69.41	$33.45 - $95.88
Q1 2020	672	$280	$45.08	$30.53 - $59.39
Q4 2019	737	$293	$33.82	$28.21 - $41.66
Q2 2019	123	$37	$26.03	$19.04 - $33.89