Axel Capital Management’s Shopify SHOP Stock Holding History

Axel Capital Management’s Portfolio SHOP Stock Details SHOP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q1	–	Sell	-50,000	Closed	-$6.89M	–	23
2021 Q4	$6.89M	Buy	50,000 +30,000	+150%	+$4.38M	6.75%	8
2021 Q3	$2.71M	Sell	20,000 -20,000	-50%	-$3M	1.52%	18
2021 Q2	$5.84M	Sell	40,000 -55,000	-58%	-$6.78M	3.32%	14
2021 Q1	$10.5M	Sell	95,000 -60,000	-39%	-$7.25M	4.65%	9
2020 Q4	$17.5M	Sell	155,000 -5,000	-3%	-$525K	5.7%	5
2020 Q3	$16.4M	Buy	160,000 +140,000	+700%	+$13.9M	7%	3
2020 Q2	$1.9M	Sell	20,000 -85,000	-81%	-$5.9M	1.43%	18
2020 Q1	$4.38M	Buy	+105,000	New	+$4.73M	5.71%	5
2019 Q4	–	Sell	-310,000	Closed	-$9.66M	–	18
2019 Q3	$9.66M	Buy	+310,000	New	+$10.6M	6.84%	4

Other funds holding SHOP

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Sands Capital Management Arlington, Virginia $25.5B AUM 26.46% 1-Year Est. Return

WCM Investment Management Laguna Beach, California $43.8B AUM 42.28% 1-Year Est. Return

Axel Capital Management's SHOP Position: Q1 2022 in Review

Axel Capital Management sold out of Shopify (SHOP) in Q1 2022, closing a stake of 50,000 shares — an estimated $6.89M sold.

Axel Capital Management first reported a position in SHOP in Q3 2019 and held it in 9 quarters. The position peaked at $17.5M in Q4 2020. 1,147 funds tracked by Wall St. Rank hold SHOP as of Q1 2022.

Axel Capital Management reported no remaining Shopify position as of Q1 2022 after selling out during the quarter.
Axel Capital Management sold 50,000 Shopify shares in Q1 2022, an estimated $6.89M.
Axel Capital Management first reported a position in Shopify in Q3 2019 and held it in 9 quarters.
Axel Capital Management's Shopify position peaked at $17.5M in Q4 2020.
1,147 funds tracked by Wall St. Rank held Shopify as of Q1 2022.

Based on Axel Capital Management's 13F filing for Q1 2022, filed 29 Apr 2022.