Dark Forest Capital Management’s Spotify SPOT Stock Holding History

Dark Forest Capital Management’s Portfolio SPOT Stock Details SPOT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-2,897	Closed	-$2.22M	–	1468
2025 Q2	$2.22M	Buy	2,897 +1,521	+111%	+$976K	0.09%	403
2025 Q1	$757K	Buy	1,376 +684	+99%	+$382K	0.03%	801
2024 Q4	$310K	Buy	+692	New	+$296K	0.05%	652
2023 Q1	–	Sell	-142	Closed	-$11.2K	–	1461
2022 Q4	$11.2K	Buy	+142	New	+$11.5K	﹤0.01%	718
2022 Q1	–	Sell	-4	Closed	-$1K	–	1725
2021 Q4	$1K	Sell	4 -78	-95%	-$19.5K	﹤0.01%	1357
2021 Q3	$18K	Buy	+82	New	+$19.3K	0.01%	849

Other funds holding SPOT

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

WCM Investment Management Laguna Beach, California $55.2B AUM 57.07% 1-Year Est. Return

Jennison Associates New York $167B AUM 44.17% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Dark Forest Capital Management's SPOT Position: Q3 2025 in Review

Dark Forest Capital Management sold out of Spotify (SPOT) in Q3 2025, closing a stake of 2,897 shares — an estimated $2.22M sold.

Dark Forest Capital Management first reported a position in SPOT in Q3 2021 and held it in 6 quarters. The position peaked at $2.22M in Q2 2025. 1,352 funds tracked by Wall St. Rank hold SPOT as of Q3 2025.

Dark Forest Capital Management reported no remaining Spotify position as of Q3 2025 after selling out during the quarter.
Dark Forest Capital Management sold 2,897 Spotify shares in Q3 2025, an estimated $2.22M.
Dark Forest Capital Management first reported a position in Spotify in Q3 2021 and held it in 6 quarters.
Dark Forest Capital Management's Spotify position peaked at $2.22M in Q2 2025.
1,352 funds tracked by Wall St. Rank held Spotify as of Q3 2025.

Based on Dark Forest Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.