Spotify
SPOT
655 hedge funds and large institutions have $23.4B invested in Spotify in 2023 Q4 according to their latest regulatory filings, with 155 funds opening new positions, 191 increasing their positions, 198 reducing their positions, and 46 closing their positions.
237% more first-time investments, than exits
New positions opened: 155 | Existing positions closed: 46
32% more capital invested
Capital invested by funds: $17.8B → $23.4B (+$5.61B)
18% more funds holding
Funds holding: 553 → 655 (+102)
5.19% more ownership
Funds ownership: 59.19% → 64.37% (+5.2%)
0% more funds holding in top 10
Funds holding in top 10: 30 → 30 (0)
4% less repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 198
24% less call options, than puts
Call options by funds: $1.08B | Put options by funds: $1.42B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.36B |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$336M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$280M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$112M |
| 5 |
Millennium Management
New York
|
+$95.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$258M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$203M |
| 3 |
TCMV
Technology Crossover Management VIII
Menlo Park,
California
|
-$175M |
| 4 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
-$122M |
| 5 |
SIM
SRS Investment Management
New York
|
-$121M |
SPOT Hedge Fund Activity: Q4 2023 in Review
655 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Spotify (SPOT) for Q4 2023, worth a combined $23.4B — up 32% from $17.8B a quarter earlier.
Buyers outnumbered sellers: 155 funds opened new SPOT positions and 46 closed out — a net gain of 109 holders — while 191 added to existing stakes and 198 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.36B. The largest seller was T. Rowe Price Associates, cutting an estimated $258M.
- 655 institutional investors held Spotify (SPOT) as of Q4 2023, up from 553 in Q3 2023.
- Funds reported $23.4B of Spotify stock for Q4 2023, up 32% quarter-over-quarter.
- 155 funds opened new Spotify positions in Q4 2023 and 46 closed out, a net change of +109 holders.
- The largest Spotify buyer in Q4 2023 was Morgan Stanley, an estimated $1.36B added.
- The largest Spotify seller in Q4 2023 was T. Rowe Price Associates, an estimated $258M sold.
Based on aggregated 13F filings for Q4 2023.