SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Advisory Alpha, LLC's Holding History (CIK: 0001576762)

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

Q3 2020

Shares 128 Value ($000) $137 Avg Close $99.42 Range $83.94 - $114.69

Q1 2020

Shares 225 Value ($000) $139,610 Avg Close $45.08 Range $30.53 - $59.39

Q4 2019

Shares 263 Value ($000) $115,786 Avg Close $33.82 Range $28.21 - $41.66

Q3 2019

Shares 243 Value ($000) $76,266 Avg Close $34.24 Range $28.61 - $40.96

Q1 2019

Shares 247 Value ($000) $64,373 Avg Close $17.66 Range $12.95 - $20.96

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2020	128	$137	$99.42	$83.94 - $114.69
Q1 2020	225	$139,610	$45.08	$30.53 - $59.39
Q4 2019	263	$115,786	$33.82	$28.21 - $41.66
Q3 2019	243	$76,266	$34.24	$28.61 - $40.96
Q1 2019	247	$64,373	$17.66	$12.95 - $20.96