Public Investment Fund’s Shopify SHOP Stock Holding History

Public Investment Fund’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	-1,250,000	Closed	-$119M	–	75
2025 Q1	$119M	Hold	1,250,000	–	–	0.47%	29
2024 Q4	$133M	Hold	1,250,000	–	–	0.5%	29
2024 Q3	$100M	Hold	1,250,000	–	–	0.37%	30
2024 Q2	$82.6M	Hold	1,250,000	–	–	0.4%	30
2024 Q1	$96.5M	Hold	1,250,000	–	–	0.47%	29
2023 Q4	$97.4M	Hold	1,250,000	–	–	0.28%	39
2023 Q3	$68.2M	Hold	1,250,000	–	–	0.19%	41
2023 Q2	$80.8M	Hold	1,250,000	–	–	0.21%	41
2023 Q1	$59.9M	Hold	1,250,000	–	–	0.17%	44
2022 Q4	$43.4M	Hold	1,250,000	–	–	0.14%	45
2022 Q3	$33.7M	Hold	1,250,000	–	–	0.09%	48
2022 Q2	$39M	Hold	1,250,000	–	–	0.09%	47
2022 Q1	$84.5M	Hold	1,250,000	–	–	0.19%	27
2021 Q4	$172M	Hold	1,250,000	–	–	0.3%	20
2021 Q3	$169M	Buy	+1,250,000	New	+$187M	0.39%	23

Other funds holding SHOP

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

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

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

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

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

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

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

JP Morgan Chase New York $1.81T AUM 41.13% 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

Public Investment Fund's SHOP Position: Q2 2025 in Review

Public Investment Fund sold out of Shopify (SHOP) in Q2 2025, closing a stake of 1,250,000 shares — an estimated $119M sold.

Public Investment Fund first reported a position in SHOP in Q3 2021 and held it in 15 quarters. The position peaked at $172M in Q4 2021. 1,556 funds tracked by Wall St. Rank hold SHOP as of Q2 2025.

Public Investment Fund reported no remaining Shopify position as of Q2 2025 after selling out during the quarter.
Public Investment Fund sold 1,250,000 Shopify shares in Q2 2025, an estimated $119M.
Public Investment Fund first reported a position in Shopify in Q3 2021 and held it in 15 quarters.
Public Investment Fund's Shopify position peaked at $172M in Q4 2021.
1,556 funds tracked by Wall St. Rank held Shopify as of Q2 2025.

Based on Public Investment Fund's 13F filing for Q2 2025, filed 14 Aug 2025.