SHOPIFY INC

CUSIP: 82509L907 Class: OPT

Holders for Q4 2025 Position Changes for Q4 2025

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

Decreased Positions (1)

HRT FINANCIAL LP

Value ($000) $5 (-34.5%) Shares 28,100 (-39.6%)

Institution	Prev Shares	Curr Shares	Change
HRT FINANCIAL LP	46,500	28,100	-18,400 (-39.6%)