13F Portfolios

Islander Capital Partners, L.P. — SHOPIFY INC SHOP: Quarterly 13F Position History

Islander Capital Partners, L.P. has reported SHOPIFY INC (SHOP) on 2 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2025. As of Q1 2026, the position is sized at 196,000 shares ($23.2M market value, 9.16% of the equity book). Quarter-over-quarter share count change: + 72,742 (+59.0%) .

Recent initiation: Islander Capital Partners, L.P. first reported SHOP on the Q4 2025 filing — fewer than three quarters of history are available.

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 2 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q1 2026 196,000 +72,742 +59.0% $23.2M 9.16% $118.62
Q4 2025 123,258 $19.8M 8.94% $160.97

Methodology & FAQ

How This Position History Is Sourced

Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.

When did Islander Capital Partners, L.P. first disclose a SHOP position in 13F-HR filings?

Islander Capital Partners, L.P. first reported SHOPIFY INC (SHOP) on its 13F-HR filing for the period ending 2025-12-31 (Q4 2025). The position has appeared on 2 reported quarters within Pactolio's tracked window.

What was Islander Capital Partners, L.P.'s most recent quarter-over-quarter share-count change in SHOP?

Between Q4 2025 and Q1 2026, Islander Capital Partners, L.P. added 72,742 shares of SHOP (+59.0%), bringing the total reported position to 196,000 shares at a market value of $23.2M.

Does the implied price-per-share represent Islander Capital Partners, L.P.'s cost basis in SHOP?

No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.