Long Walk Management’s Shopify SHOP Stock Holding History

Long Walk 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
2025 Q2	–	Sell	-103,250	Closed	-$9.86M	–	12
2025 Q1	$9.86M	Sell	103,250 -21,750	-17%	-$2.37M	3.19%	10
2024 Q4	$13.3M	Sell	125,000 -105,000	-46%	-$10.2M	4.76%	11
2024 Q3	$18.4M	Sell	230,000 -217,500	-49%	-$15M	7.63%	7
2024 Q2	$29.6M	Buy	447,500 +32,500	+8%	+$2.16M	13.96%	3
2024 Q1	$32M	Buy	415,000 +63,000	+18%	+$4.98M	15.98%	2
2023 Q4	$27.4M	Buy	352,000 +64,500	+22%	+$4.12M	17.76%	2
2023 Q3	$15.7M	Buy	+287,500	New	+$17.4M	11.6%	6

Other funds holding SHOP

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

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

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

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

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

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

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Long Walk Management's SHOP Position: Q2 2025 in Review

Long Walk Management sold out of Shopify (SHOP) in Q2 2025, closing a stake of 103,250 shares — an estimated $9.86M sold.

Long Walk Management first reported a position in SHOP in Q3 2023 and held it in 7 quarters. The position peaked at $32M in Q1 2024. 1,555 funds tracked by Wall St. Rank hold SHOP as of Q2 2025.

Long Walk Management reported no remaining Shopify position as of Q2 2025 after selling out during the quarter.
Long Walk Management sold 103,250 Shopify shares in Q2 2025, an estimated $9.86M.
Long Walk Management first reported a position in Shopify in Q3 2023 and held it in 7 quarters.
Long Walk Management's Shopify position peaked at $32M in Q1 2024.
1,555 funds tracked by Wall St. Rank held Shopify as of Q2 2025.

Based on Long Walk Management's 13F filing for Q2 2025, filed 14 Aug 2025.