Spotify
SPOT
720 hedge funds and large institutions have $31.1B invested in Spotify in 2024 Q1 according to their latest regulatory filings, with 133 funds opening new positions, 217 increasing their positions, 249 reducing their positions, and 61 closing their positions.
118% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 61
33% more capital invested
Capital invested by funds: $23.4B → $31.1B (+$7.71B)
23% more funds holding in top 10
Funds holding in top 10: 30 → 37 (+7)
10% more funds holding
Funds holding: 655 → 720 (+65)
4.93% less ownership
Funds ownership: 64.37% → 59.45% (-4.9%)
13% less repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 249
36% less call options, than puts
Call options by funds: $1.38B | Put options by funds: $2.15B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$587M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$543M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$396M |
| 4 |
JP Morgan Chase
New York
|
+$166M |
| 5 |
DCP
D1 Capital Partners
New York
|
+$151M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.21B |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$516M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$178M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$173M |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$151M |
SPOT Hedge Fund Activity: Q1 2024 in Review
720 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Spotify (SPOT) for Q1 2024, worth a combined $31.1B — up 33% from $23.4B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new SPOT positions and 61 closed out — a net gain of 72 holders — while 217 added to existing stakes and 249 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $587M. The largest seller was Morgan Stanley, cutting an estimated $2.21B.
- 720 institutional investors held Spotify (SPOT) as of Q1 2024, up from 655 in Q4 2023.
- Funds reported $31.1B of Spotify stock for Q1 2024, up 33% quarter-over-quarter.
- 133 funds opened new Spotify positions in Q1 2024 and 61 closed out, a net change of +72 holders.
- The largest Spotify buyer in Q1 2024 was Wellington Management Group, an estimated $587M added.
- The largest Spotify seller in Q1 2024 was Morgan Stanley, an estimated $2.21B sold.
Based on aggregated 13F filings for Q1 2024.