As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Shopify: Wealth Enhancement Advisory Services LLC, IMC Chicago LLC, Nomura Holdings Inc., HBK Investments L P, GTS Securities LLC, Barclays PLC, Wolverine Trading LLC, Parallax Volatility Advisers L.P., Garden State Investment Advisory Services LLC, HAP Trading LLC, Citadel Advisors LLC, CMT Capital Markets Trading GmbH, Royal Bank of Canada, Symmetry Peak Management LLC, Balyasny Asset Management L.P., Nomura Holdings Inc., Verition Fund Management LLC, Capital Fund Management S.A., PEAK6 Investments LLC, Optiver Holding B.V., Eisler Capital US LLC, Eisler Capital UK Ltd., Goldman Sachs Group Inc., Dymon Asia Capital Singapore PTE. LTD., IMC Chicago LLC, Wells Fargo & Company MN, Sumitomo Mitsui Financial Group Inc., BNP Paribas Financial Markets, CenterStar Asset Management LLC, Concourse Financial Group Securities Inc., CTC LLC, Genus Capital Management Inc., XR Securities LLC, Wolverine Asset Management LLC, and Prosperity Wealth Management Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.