SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

NWAM LLC's Holding History (CIK: 0001655006)

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

Q4 2025

Shares 30,857 Value ($000) $4,212 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 39,274 Value ($000) $6,465 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 40,879 Value ($000) $4,994 Avg Close $100.02 Range $69.84 - $117.36

Q1 2025

Shares 37,023 Value ($000) $3,535 Avg Close $108.97 Range $89.10 - $129.38

Q3 2024

Shares 4,151 Value ($000) $333 Avg Close $69.07 Range $48.56 - $81.15

Q2 2024

Shares 4,556 Value ($000) $301 Avg Close $66.33 Range $56.31 - $79.29

Q1 2024

Shares 5,031 Value ($000) $388 Avg Close $79.00 Range $70.61 - $91.57

Q4 2023

Shares 7,540 Value ($000) $587 Avg Close $63.86 Range $45.50 - $79.99

Q2 2023

Shares 3,342 Value ($000) $216 Avg Close $56.53 Range $43.50 - $67.36

Q4 2021

Shares 1,601 Value ($000) $2,205 Avg Close $146.12 Range $127.19 - $176.29

Q3 2021

Shares 2,236 Value ($000) $3,032 Avg Close $149.84 Range $134.11 - $165.00

Q2 2021

Shares 2,499 Value ($000) $3,651 Avg Close $123.22 Range $102.51 - $155.22

Q1 2021

Shares 6,324 Value ($000) $6,998 Avg Close $120.82 Range $100.51 - $149.97

Q4 2020

Shares 7,611 Value ($000) $8,615 Avg Close $104.97 Range $87.50 - $128.52

Q3 2020

Shares 6,474 Value ($000) $6,623 Avg Close $99.42 Range $83.94 - $114.69

Q2 2020

Shares 2,837 Value ($000) $2,693 Avg Close $69.41 Range $33.45 - $95.88

Q1 2020

Shares 1,557 Value ($000) $649 Avg Close $45.08 Range $30.53 - $59.39

Q4 2019

Shares 1,535 Value ($000) $610 Avg Close $33.82 Range $28.21 - $41.66

Q3 2019

Shares 1,485 Value ($000) $463 Avg Close $34.24 Range $28.61 - $40.96

Q2 2019

Shares 1,479 Value ($000) $444 Avg Close $26.03 Range $19.04 - $33.89

Q1 2019

Shares 1,479 Value ($000) $306 Avg Close $17.66 Range $12.95 - $20.96

Q3 2018

Shares 1,400 Value ($000) $230 Avg Close $15.23 Range $13.06 - $17.66

Q2 2018

Shares 1,400 Value ($000) $204 Avg Close $14.15 Range $11.25 - $17.51

Q1 2018

Shares 3,100 Value ($000) $386 Avg Close $12.94 Range $10.10 - $15.48

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	30,857	$4,212	$160.56	$136.18 - $182.19
Q3 2025	39,274	$6,465	$135.57	$111.33 - $159.01
Q2 2025	40,879	$4,994	$100.02	$69.84 - $117.36
Q1 2025	37,023	$3,535	$108.97	$89.10 - $129.38
Q3 2024	4,151	$333	$69.07	$48.56 - $81.15
Q2 2024	4,556	$301	$66.33	$56.31 - $79.29
Q1 2024	5,031	$388	$79.00	$70.61 - $91.57
Q4 2023	7,540	$587	$63.86	$45.50 - $79.99
Q2 2023	3,342	$216	$56.53	$43.50 - $67.36
Q4 2021	1,601	$2,205	$146.12	$127.19 - $176.29
Q3 2021	2,236	$3,032	$149.84	$134.11 - $165.00
Q2 2021	2,499	$3,651	$123.22	$102.51 - $155.22
Q1 2021	6,324	$6,998	$120.82	$100.51 - $149.97
Q4 2020	7,611	$8,615	$104.97	$87.50 - $128.52
Q3 2020	6,474	$6,623	$99.42	$83.94 - $114.69
Q2 2020	2,837	$2,693	$69.41	$33.45 - $95.88
Q1 2020	1,557	$649	$45.08	$30.53 - $59.39
Q4 2019	1,535	$610	$33.82	$28.21 - $41.66
Q3 2019	1,485	$463	$34.24	$28.61 - $40.96
Q2 2019	1,479	$444	$26.03	$19.04 - $33.89
Q1 2019	1,479	$306	$17.66	$12.95 - $20.96
Q3 2018	1,400	$230	$15.23	$13.06 - $17.66
Q2 2018	1,400	$204	$14.15	$11.25 - $17.51
Q1 2018	3,100	$386	$12.94	$10.10 - $15.48