Nine Masts Capital’s Shopify SHOP Stock Holding History

Nine Masts Capital’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 Q4	–	Sell	-11,000	Closed	-$1.63M	–	155
2025 Q3	$1.63M	Buy	+11,000	New	+$1.49M	0.67%	21
2020 Q1	–	Sell	-14,120	Closed	-$561K	–	107
2019 Q4	$561K	Sell	14,120 -79,770	-85%	-$2.7M	0.17%	40
2019 Q3	$2.93M	Buy	93,890 +79,620	+558%	+$2.73M	0.56%	17
2019 Q2	$428K	Buy	+14,270	New	+$371K	0.06%	62
2019 Q1	–	Sell	-44,480	Closed	-$616K	–	241
2018 Q4	$616K	Buy	44,480 +19,140	+76%	+$269K	0.1%	86
2018 Q3	$417K	Sell	25,340 -167,540	-87%	-$2.55M	0.11%	152
2018 Q2	$2.81M	Sell	192,880 -327,950	-63%	-$4.64M	0.55%	37
2018 Q1	$6.49M	Buy	+520,830	New	+$6.74M	0.99%	19

Other funds holding SHOP

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

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

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

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

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

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

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

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Nine Masts Capital's SHOP Position: Q4 2025 in Review

Nine Masts Capital sold out of Shopify (SHOP) in Q4 2025, closing a stake of 11,000 shares — an estimated $1.63M sold.

Nine Masts Capital first reported a position in SHOP in Q1 2018 and held it in 8 quarters. The position peaked at $6.49M in Q1 2018. 1,889 funds tracked by Wall St. Rank hold SHOP as of Q4 2025.

Nine Masts Capital reported no remaining Shopify position as of Q4 2025 after selling out during the quarter.
Nine Masts Capital sold 11,000 Shopify shares in Q4 2025, an estimated $1.63M.
Nine Masts Capital first reported a position in Shopify in Q1 2018 and held it in 8 quarters.
Nine Masts Capital's Shopify position peaked at $6.49M in Q1 2018.
1,889 funds tracked by Wall St. Rank held Shopify as of Q4 2025.

Based on Nine Masts Capital's 13F filing for Q4 2025, filed 10 Feb 2026.