Dark
Light
System
Security
SHOPIFY INC
SHOPIFY INC. Institutional holdings reported to the SEC.

Institutional Holders (2016Q2)
Portfolio Summary: 136 Institutional holders with a total value of $1,382,569,006.
#
Manager Name
Shares
Value ($)
%
Options
Notes
51 Weiss Multi-Strategy Advisers LLC 76,224 2,345,000 0.17%
52 TIGER GLOBAL MANAGEMENT LLC 70,000 2,153,000 0.16%
53 CI INVESTMENTS INC. 68,700 2,113,000 0.15%
54 DEUTSCHE BANK AG\ 68,100 2,094,000 0.15%
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 58,480 1,799,000 0.13%
56 ALTA PARK CAPITAL, LP 57,300 1,763,000 0.13%
57 Nationwide Fund Advisors 57,222 1,760,000 0.13%
58 MACQUARIE GROUP LTD 56,460 1,737,000 0.13%
59 STILLWATER INVESTMENT MANAGEMENT, L.P. 55,800 1,716,000 0.12%
60 ROYCE & ASSOCIATES LP 55,000 1,692,000 0.12%
61 MACKENZIE FINANCIAL CORP 53,700 1,652,000 0.12%
62 Swiss National Bank 53,300 1,632,000 0.12%
63 Seawolf Capital, LLC 52,700 1,621,000 0.12%
64 DIKER MANAGEMENT LLC 50,000 1,538,000 0.11%
65 G2 Investment Partners Management LLC 47,488 1,461,000 0.11%
66 Espalier Global Management LLC 47,100 1,449,000 0.10% Call
67 TWO SIGMA INVESTMENTS, LP 40,753 1,254,000 0.09%
68 State of New Jersey Common Pension Fund D 35,515 1,092,000 0.08%
69 BESSEMER GROUP INC 34,773 1,070,000 0.08%
70 AMICA MUTUAL INSURANCE CO 32,393 996,000 0.07%
71 FORMULA GROWTH LTD 28,900 889,000 0.06%
72 Alberta Investment Management Corp 28,040 863,000 0.06%
73 MARSHALL WACE, LLP 27,721 853,000 0.06%
74 INTACT INVESTMENT MANAGEMENT INC. 21,000 830,000 0.06%
75 HAMILTON LANE ADVISORS LLC 27,981 820,000 0.06%
76 UNITED SERVICES AUTOMOBILE ASSOCIATION 25,900 797,000 0.06%
77 Spot Trading L.L.C 25,300 778,000 0.06% Call
78 WOLVERINE TRADING LP /BD 248 751,936 0.05% Put
79 Timpani Capital Management LLC 24,378 750,000 0.05%
80 AMICA PENSION FUND BOARD OF TRUSTEES 23,964 737,000 0.05%
81 WOLVERINE TRADING LP /BD 239 724,648 0.05% Call
82 BANK OF AMERICA CORP /DE/ 23,346 719,000 0.05%
83 CREDIT SUISSE AG/ 21,761 670,000 0.05%
84 PEAK6 Group LLC 19,100 588,000 0.04% Call
85 SIMPLEX TRADING, LLC 18,030 554,000 0.04%
86 Spot Trading L.L.C 16,958 522,000 0.04%
87 GSA CAPITAL PARTNERS LLP 16,523 508,000 0.04%
88 MANITOU INVESTMENT MANAGEMENT LTD. 16,080 495,000 0.04%
89 HL FINANCIAL SERVICES LLC 14,354 442,000 0.03%
90 EMERALD ACQUISITION LTD. 14,332 441,000 0.03%
91 Baker Avenue Asset Management, LP 13,560 417,000 0.03%
92 CUTLER GROUP LLC / CA 13,271 408,000 0.03%
93 1492 Capital Management LLC 12,122 373,000 0.03%
94 RAYMOND JAMES & ASSOCIATES 12,035 370,000 0.03%
95 UBS Group AG 11,861 364,000 0.03%
96 Raymond James Financial Services Advisors, Inc. 11,818 364,000 0.03%
97 WOLVERINE TRADING LP /BD 10,601 321,422 0.02%
98 BOARDMAN BAY CAPITAL MANAGEMENT LLC 10,100 311,000 0.02%
99 ARDSLEY ADVISORY PARTNERS LP 10,000 308,000 0.02%
100 BlackRock Institutional Trust Company, N.A. 10,024 308,000 0.02%
Page 2 of 3

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.