As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Shopify: Barclays PLC, CTC LLC, Barclays PLC, Jane Street Group LLC, Wolverine Trading LLC, Readystate Asset Management LP, Point72 Asset Management L.P., Parallax Volatility Advisers L.P., Maven Securities LTD, Ionic Capital Management LLC, HighTower Advisors LLC, Centiva Capital LP, Verition Fund Management LLC, Capstone Investment Advisors LLC, Walleye Trading LLC, Walleye Capital LLC, PEAK6 Investments LLC, BNP Paribas Financial Markets, Bank of Montreal Can, Citigroup Inc., One River Asset Management LLC, LMR Partners LLP, Wolverine Asset Management LLC, SpiderRock Advisors LLC, Genus Capital Management Inc., XR Securities LLC, Wealth Enhancement Advisory Services LLC, CenterStar Asset Management LLC, Concourse Financial Group Securities Inc., and SG Americas Securities LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.