Shopify Shares Plunge 28.98% and Named Top-Five Q4 Fund Holding
Loomis Sayles Global Growth Fund listed Shopify among its top five Q4 2025 holdings after posting a -3.05% return versus a 3.29% MSCI ACWI gain. Shopify shares fell 28.98% over one month and 13.78% in 52 weeks, closing February 12 at $110.66 with a $144.4 billion market cap.
1. Global Growth Fund Q4 Performance
Loomis Sayles Global Growth Fund posted a fourth-quarter return of -3.05%, underperforming the 3.29% gain of the MSCI ACWI Net index, while maintaining Shopify among its top five portfolio holdings.
2. Shopify Stock Performance
Shopify shares declined 28.98% over the past month and 13.78% over the last year, closing February 12 at $110.66 and reflecting a market capitalization of $144.42 billion.
3. Fund's Investment Thesis on Shopify
Shopify’s cloud-based commerce platform supports over two million merchants in 175 countries, offering multi-channel storefronts, inventory management, payment processing and analytics; the company generates 71% of revenue in North America, 19% in EMEA and 10% in Asia-Pacific.
4. Hedge Fund Exposure and Strategy
The fund’s quality-growth-valuation thesis emphasizes long-term competitive advantages and cash flow generation, with Shopify selected for its mission-critical infrastructure; hedge fund holdings in Shopify increased to 91 portfolios from 69 in the prior quarter.