SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Focus Financial Network, Inc.'s Holding History (CIK: 0002010942)

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

Q4 2025

Shares 19,425 Value ($000) $3,127 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 20,912 Value ($000) $3,108 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 28,550 Value ($000) $3,293 Avg Close $100.02 Range $69.84 - $117.36

Q1 2025

Shares 27,011 Value ($000) $2,579 Avg Close $108.97 Range $89.10 - $129.38

Q4 2024

Shares 31,705 Value ($000) $3,371 Avg Close $97.26 Range $77.12 - $120.72

Q3 2024

Shares 34,977 Value ($000) $2,803 Avg Close $69.07 Range $48.56 - $81.15

Q2 2024

Shares 35,915 Value ($000) $2,328 Avg Close $66.33 Range $56.31 - $79.29

Q1 2024

Shares 251,012 Value ($000) $17,448 Avg Close $79.00 Range $70.61 - $91.57

Q3 2023

Shares 257,008 Value ($000) $14,025 Avg Close $60.59 Range $50.59 - $71.43

Q2 2023

Shares 262,803 Value ($000) $16,977 Avg Close $56.53 Range $43.50 - $67.36

Q1 2023

Shares 337,564 Value ($000) $16,183 Avg Close $44.00 Range $34.65 - $54.66

Q4 2022

Shares 276,633 Value ($000) $9,602 Avg Close $34.15 Range $23.63 - $45.06

Q3 2022

Shares 265,203 Value ($000) $7,145 Avg Close $34.02 Range $26.38 - $45.43

Q2 2022

Shares 256,340 Value ($000) $8,008 Avg Close $42.70 Range $29.76 - $74.13

Q1 2022

Shares 15,681 Value ($000) $10,600 Avg Close $82.11 Range $51.00 - $139.37

Q4 2021

Shares 1,025 Value ($000) $1,412 Avg Close $146.12 Range $127.19 - $176.29

Q3 2021

Shares 5,520 Value ($000) $7,484 Avg Close $149.84 Range $134.11 - $165.00

Q2 2021

Shares 2,971 Value ($000) $4,341 Avg Close $123.22 Range $102.51 - $155.22

Q1 2021

Shares 2,401 Value ($000) $2,657 Avg Close $120.82 Range $100.51 - $149.97

Q4 2020

Shares 1,908 Value ($000) $2,160 Avg Close $104.97 Range $87.50 - $128.52

Q3 2020

Shares 1,253 Value ($000) $1,282 Avg Close $99.42 Range $83.94 - $114.69

Q2 2020

Shares 1,100 Value ($000) $1,044 Avg Close $69.41 Range $33.45 - $95.88

Q3 2019

Shares 942 Value ($000) $294 Avg Close $34.24 Range $28.61 - $40.96

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	19,425	$3,127	$160.56	$136.18 - $182.19
Q3 2025	20,912	$3,108	$135.57	$111.33 - $159.01
Q2 2025	28,550	$3,293	$100.02	$69.84 - $117.36
Q1 2025	27,011	$2,579	$108.97	$89.10 - $129.38
Q4 2024	31,705	$3,371	$97.26	$77.12 - $120.72
Q3 2024	34,977	$2,803	$69.07	$48.56 - $81.15
Q2 2024	35,915	$2,328	$66.33	$56.31 - $79.29
Q1 2024	251,012	$17,448	$79.00	$70.61 - $91.57
Q3 2023	257,008	$14,025	$60.59	$50.59 - $71.43
Q2 2023	262,803	$16,977	$56.53	$43.50 - $67.36
Q1 2023	337,564	$16,183	$44.00	$34.65 - $54.66
Q4 2022	276,633	$9,602	$34.15	$23.63 - $45.06
Q3 2022	265,203	$7,145	$34.02	$26.38 - $45.43
Q2 2022	256,340	$8,008	$42.70	$29.76 - $74.13
Q1 2022	15,681	$10,600	$82.11	$51.00 - $139.37
Q4 2021	1,025	$1,412	$146.12	$127.19 - $176.29
Q3 2021	5,520	$7,484	$149.84	$134.11 - $165.00
Q2 2021	2,971	$4,341	$123.22	$102.51 - $155.22
Q1 2021	2,401	$2,657	$120.82	$100.51 - $149.97
Q4 2020	1,908	$2,160	$104.97	$87.50 - $128.52
Q3 2020	1,253	$1,282	$99.42	$83.94 - $114.69
Q2 2020	1,100	$1,044	$69.41	$33.45 - $95.88
Q3 2019	942	$294	$34.24	$28.61 - $40.96