SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Bridgewater Advisors Inc.'s Holding History (CIK: 0001600319)

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

Q4 2025

Shares 9,025 Value ($000) $1,250 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 8,954 Value ($000) $1,397 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 9,010 Value ($000) $1,125 Avg Close $100.02 Range $69.84 - $117.36

Q1 2025

Shares 8,989 Value ($000) $889 Avg Close $108.97 Range $89.10 - $129.38

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	9,025	$1,250	$160.56	$136.18 - $182.19
Q3 2025	8,954	$1,397	$135.57	$111.33 - $159.01
Q2 2025	9,010	$1,125	$100.02	$69.84 - $117.36
Q1 2025	8,989	$889	$108.97	$89.10 - $129.38