Shannon River Fund Management’s Shopify SHOP Stock Holding History

Shannon River Fund 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 Q1	–	Sell	-1,403,990	Closed	-$6.02M	–	35
2016 Q4	$6.02M	Buy	1,403,990 +803,990	+134%	+$3.38M	1.87%	21
2016 Q3	$2.58M	Sell	600,000 -500,000	-45%	-$1.91M	0.72%	25
2016 Q2	$3.38M	Hold	1,100,000	–	–	0.85%	26
2016 Q1	$3.1M	Hold	1,100,000	–	–	0.79%	25
2015 Q4	$2.84M	Buy	+1,100,000	New	+$3.24M	0.55%	26

Other funds holding SHOP

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 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

ACA

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

Lord, Abbett & Co Jersey City, New Jersey $34.9B AUM 72.7% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

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

WRCM

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

SCGE Management Menlo Park, California $5.9B AUM 8.54% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return

Shannon River Fund Management's SHOP Position: Q1 2017 in Review

Shannon River Fund Management sold out of Shopify (SHOP) in Q1 2017, closing a stake of 1,403,990 shares — an estimated $6.02M sold.

Shannon River Fund Management first reported a position in SHOP in Q4 2015 and held it in 5 quarters. The position peaked at $6.02M in Q4 2016. 218 funds tracked by Wall St. Rank hold SHOP as of Q1 2017.

Shannon River Fund Management reported no remaining Shopify position as of Q1 2017 after selling out during the quarter.
Shannon River Fund Management sold 1,403,990 Shopify shares in Q1 2017, an estimated $6.02M.
Shannon River Fund Management first reported a position in Shopify in Q4 2015 and held it in 5 quarters.
Shannon River Fund Management's Shopify position peaked at $6.02M in Q4 2016.
218 funds tracked by Wall St. Rank held Shopify as of Q1 2017.

Based on Shannon River Fund Management's 13F filing for Q1 2017, filed 15 May 2017.