CONFLUENCE INVESTMENT MANAGEMENT LLC

Position in SHOP — Shopify Inc.

CIK 1442056 ST. LOUIS, MO

Position in SHOP

as of Jun 30, 2026 · filed Jul 1, 2026 Compact

Position Value

$1,006,382

-$96,546 QoQ

Shares Held

8,814

-5.2% QoQ

Ownership

0.001%

of shares outstanding

% of Portfolio

0.02%

of 13F equity value

Holder Rank

#762

of 1,697 holders

Holding Since

Mar 2020

26 quarters on record

Voting authority Sole 98% Shared 0% None 2%

Technology · as of Jun 30, 2026

CONFLUENCE INVESTMENT MANAGEMENT LLC holds $142,551,056 across 4 Software - Application names. SHOP ranks #3 (0.7% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	PAYX	Paychex Inc	952,424	$93,651,850
2	PAYC	Paycom Software, Inc.	374,387	$47,052,957
3	SHOP	Shopify Inc. This page	8,814	$1,006,382
4	SAP	Sap SE	5,422	$839,867

26 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-06-30	$1,006,382	8,814	-5.2%	Shares	Sole	2026-07-01
2026-03-31	$1,102,928	9,298	+17.1%	Shares	Sole	2026-04-01
2025-12-31	$1,277,618	7,937	+0.2%	Shares	Sole	2026-01-05
2025-09-30	$1,176,693	7,918	-5.4%	Shares	Sole	2025-10-14
2025-06-30	$965,018	8,366	+3.0%	Shares	Sole	2025-07-01
2025-03-31	$775,870	8,126	+0.3%	Shares	Sole	2025-04-01
2024-12-31	$861,698	8,104	-0.2%	Shares	Sole	2025-01-02
2024-09-30	$650,736	8,120	-12.4%	Shares	Sole	2024-10-31
2024-06-30	$611,953	9,265	+2.3%	Shares	Sole	2024-07-01
2024-03-31	$699,005	9,058	+2.7%	Shares	Sole	2024-04-01
2023-12-31	$686,766	8,816	-5.5%	Shares	Sole	2024-11-05
2023-09-30	$508,865	9,325	+2.5%	Shares	Sole	2023-10-10
2023-06-30	$587,924	9,101	0.0%	Shares	Sole	2023-07-03
2023-03-31	$436,301	9,101	+1.6%	Shares	Sole	2023-04-04
2022-12-31	$310,828	8,955	+2.6%	Shares	Sole	2023-01-04
2022-09-30	$235,051	8,725	+1.7%	Shares	Sole	2022-10-03
2022-06-30	$268,039	8,580	+961.9%	Shares	Sole	2022-07-12
2022-03-31	$546,175	808	+1.4%	Shares	Sole	2022-04-04
2021-12-31	$1,097,779	797	-30.9%	Shares	Sole	2022-01-04
2021-09-30	$1,563,214	1,153	-0.6%	Shares	Sole	2021-10-04
2021-06-30	$1,694,736	1,160	+2.8%	Shares	Sole	2021-07-01
2021-03-31	$1,248,132	1,128	-9.8%	Shares	Sole	2021-04-05
2020-12-31	$1,414,937	1,250	-28.0%	Shares	Sole	2021-01-25
2020-09-30	$1,774,852	1,735	-18.1%	Shares	Sole	2020-10-19
2020-06-30	$2,011,354	2,119	-42.9%	Shares	Sole	2020-07-01
2020-03-31	$1,547,644	3,712	—	Shares	Sole	2020-06-03
No filing history on record for this holder in this stock.