Granahan Investment Management’s Shopify SHOP Stock Holding History

Granahan Investment 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
2017 Q4	–	Sell	-21,100	Closed	-$246K	–	238
2017 Q3	$246K	Sell	21,100 -814,140	-97%	-$8.31M	0.02%	212
2017 Q2	$7.26M	Sell	835,240 -1,290,830	-61%	-$10.9M	0.67%	47
2017 Q1	$14.5M	Sell	2,126,070 -882,770	-29%	-$5.08M	1.45%	13
2016 Q4	$12.9M	Sell	3,008,840 -1,016,030	-25%	-$4.27M	0.44%	91
2016 Q3	$17.3M	Buy	4,024,870 +826,500	+26%	+$3.15M	0.57%	69
2016 Q2	$9.84M	Buy	3,198,370 +1,226,640	+62%	+$3.58M	0.36%	108
2016 Q1	$5.56M	Sell	1,971,730 -62,500	-3%	-$148K	0.2%	149
2015 Q4	$5.25M	Buy	+2,034,230	New	+$5.99M	0.18%	159

Other funds holding SHOP

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Coatue Management New York $48.6B AUM 94.27% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Sands Capital Management Arlington, Virginia $26.9B AUM 34.44% 1-Year Est. Return

WRCM

Whale Rock Capital Management Boston, Massachusetts $12.5B AUM 306.52% 1-Year Est. Return

ACA

Abdiel Capital Advisors New York $51.8M AUM 18% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Connor, Clark & Lunn Investment Management (CC&L) Vancouver, British Columbia, Canada $52.8B AUM 58.98% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

ZCI

Zevenbergen Capital Investments Edmonds, Washington $4.38B AUM 56.68% 1-Year Est. Return

Granahan Investment Management's SHOP Position: Q4 2017 in Review

Granahan Investment Management sold out of Shopify (SHOP) in Q4 2017, closing a stake of 21,100 shares — an estimated $246K sold.

Granahan Investment Management first reported a position in SHOP in Q4 2015 and held it in 8 quarters. The position peaked at $17.3M in Q3 2016. 284 funds tracked by Wall St. Rank hold SHOP as of Q4 2017.

Granahan Investment Management reported no remaining Shopify position as of Q4 2017 after selling out during the quarter.
Granahan Investment Management sold 21,100 Shopify shares in Q4 2017, an estimated $246K.
Granahan Investment Management first reported a position in Shopify in Q4 2015 and held it in 8 quarters.
Granahan Investment Management's Shopify position peaked at $17.3M in Q3 2016.
284 funds tracked by Wall St. Rank held Shopify as of Q4 2017.

Based on Granahan Investment Management's 13F filing for Q4 2017, filed 12 Feb 2018.