Sandler Capital Management’s Shopify SHOP Stock Holding History

Sandler 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
2026 Q2	–	Sell	-9,188	Closed	-$1.09M	–	160
2026 Q1	$1.09M	Buy	9,188 +2,960	+48%	+$389K	0.56%	66
2025 Q4	$1M	Sell	6,228 -11,967	-66%	-$1.92M	0.33%	110
2025 Q3	$2.7M	Sell	18,195 -14,352	-44%	-$1.95M	0.79%	44
2025 Q2	$3.75M	Buy	32,547 +12,752	+64%	+$1.28M	1.02%	29
2025 Q1	$1.89M	Sell	19,795 -125,928	-86%	-$13.7M	0.47%	80
2024 Q4	$15.5M	Buy	145,723 +76,397	+110%	+$7.43M	1.61%	7
2024 Q3	$5.56M	Buy	+69,326	New	+$4.79M	0.73%	50
2024 Q2	–	Sell	-142,188	Closed	-$11M	–	166
2024 Q1	$11M	Buy	142,188 +77,473	+120%	+$6.12M	0.8%	44
2023 Q4	$5.04M	Sell	64,715 -92,585	-59%	-$5.91M	0.42%	74
2023 Q3	$8.58M	Buy	+157,300	New	+$9.53M	0.88%	46
2021 Q3	–	Sell	-54,610	Closed	-$7.98M	–	125
2021 Q2	$7.98M	Buy	+54,610	New	+$6.73M	0.62%	60

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

Sandler Capital Management's SHOP Position: Q2 2026 in Review

Sandler Capital Management sold out of Shopify (SHOP) in Q2 2026, closing a stake of 9,188 shares — an estimated $1.09M sold.

Sandler Capital Management first reported a position in SHOP in Q2 2021 and held it in 11 quarters. The position peaked at $15.5M in Q4 2024. 1,705 funds tracked by Wall St. Rank hold SHOP as of Q2 2026.

Sandler Capital Management reported no remaining Shopify position as of Q2 2026 after selling out during the quarter.
Sandler Capital Management sold 9,188 Shopify shares in Q2 2026, an estimated $1.09M.
Sandler Capital Management first reported a position in Shopify in Q2 2021 and held it in 11 quarters.
Sandler Capital Management's Shopify position peaked at $15.5M in Q4 2024.
1,705 funds tracked by Wall St. Rank held Shopify as of Q2 2026.

Based on Sandler Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.