SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

1620 INVESTMENT ADVISORS, INC.'s Holding History (CIK: 0001907281)

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

Q4 2025

Shares 70 Value ($000) $11 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 70 Value ($000) $10 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 72 Value ($000) $8 Avg Close $100.02 Range $69.84 - $117.36

Q1 2025

Shares 1,527 Value ($000) $146 Avg Close $108.97 Range $89.10 - $129.38

Q4 2024

Shares 1,542 Value ($000) $164 Avg Close $97.26 Range $77.12 - $120.72

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	70	$11	$160.56	$136.18 - $182.19
Q3 2025	70	$10	$135.57	$111.33 - $159.01
Q2 2025	72	$8	$100.02	$69.84 - $117.36
Q1 2025	1,527	$146	$108.97	$89.10 - $129.38
Q4 2024	1,542	$164	$97.26	$77.12 - $120.72