Shopify Inc. (SHOP)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Manufacturers Life Insurance Company, TheBOND	130,420,000	$12,363,816,000	7.38%
2.	Morgan Stanley	52,519,805	$4,091,293,069	0.36%
3.	Vanguard Group Inc	42,168,291	$3,284,909,869	0.07%
4.	Capital World Investors	39,424,769	$3,071,197,037	0.54%
5.	Capital Research Global Investors	38,257,314	$2,980,343,420	0.73%