Technology Crossover Management VIII’s Spotify SPOT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2024 Q4	–	Sell	-1,114,618	Closed	-$411M	–	6
2024 Q3	$411M	Sell	1,114,618 -500,000	-31%	-$166M	44.22%	1
2024 Q2	$507M	Sell	1,614,618 -403,654	-20%	-$122M	56.81%	1
2024 Q1	$533M	Sell	2,018,272 -600,000	-23%	-$141M	59.18%	1
2023 Q4	$492M	Sell	2,618,272 -1,000,000	-28%	-$175M	44.12%	1
2023 Q3	$560M	Hold	3,618,272	–	–	49.14%	1
2023 Q2	$581M	Hold	3,618,272	–	–	45.4%	1
2023 Q1	$483M	Hold	3,618,272	–	–	40.87%	1
2022 Q4	$286M	Hold	3,618,272	–	–	32.9%	1
2022 Q3	$312M	Hold	3,618,272	–	–	35.9%	1
2022 Q2	$340M	Hold	3,618,272	–	–	43.38%	1
2022 Q1	$546M	Hold	3,618,272	–	–	43.43%	1
2021 Q4	$847M	Sell	3,618,272 -904,568	-20%	-$226M	36.04%	1
2021 Q3	$1.02B	Hold	4,522,840	–	–	36.15%	1
2021 Q2	$1.25B	Hold	4,522,840	–	–	47.07%	1
2021 Q1	$1.21B	Buy	+4,522,840	New	+$1.41B	54.48%	1
2018 Q3	–	Sell	-4,522,840	Closed	-$761M	–	6
2018 Q2	$761M	Buy	+4,522,840	New	+$723M	54.82%	1