Shopify Inc. (SHOP)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Capital World Investors	53,102,707	$5,646,455,040	0.85%
2.	Vanguard Group Inc	47,080,112	$5,010,721,259	0.08%
3.	Fmr Llc	43,732,077	$4,653,054,141	0.27%
4.	Capital International Investors	36,516,305	$3,883,039,289	0.72%
5.	Morgan Stanley	29,584,753	$3,145,747,135	0.22%