Spotify
SPOT
367 hedge funds and large institutions have $14.8B invested in Spotify in 2018 Q3 according to their latest regulatory filings, with 110 funds opening new positions, 124 increasing their positions, 80 reducing their positions, and 45 closing their positions.
144% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 45
135% more call options, than puts
Call options by funds: $828M | Put options by funds: $353M
55% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 80
21% more funds holding
Funds holding: 303 → 367 (+64)
9% more capital invested
Capital invested by funds: $13.6B → $14.8B (+$1.16B)
0% more funds holding in top 10
Funds holding in top 10: 30 → 30 (0)
0.02% less ownership
Funds ownership: 45.42% → 45.4% (-0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$415M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$405M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$279M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$143M |
| 5 |
HCM
Highline Capital Management
New York
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMV
Technology Crossover Management VII
Menlo Park,
California
|
-$857M |
| 2 |
TCMV
Technology Crossover Management VIII
Menlo Park,
California
|
-$761M |
| 3 |
SFM
Soros Fund Management
New York
|
-$83.6M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$59.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$58.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
401
Hodges Capital Management
Dallas,
Texas
| – | -$1.9M | -500 | Closed |
|
402
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$63K | -372 | Closed |
|
|
QT
403
Quantbot Technologies
New York
| – | -$43K | -256 | Closed |
|
|
OHS
404
Odey Holdings (Switzerland)
Zurich, Switzerland,
Switzerland
| – | -$34K | -200 | Closed |
|
405
Envestnet Asset Management
Chicago,
Illinois
| – | -$33K | -198 | Closed |
|
|
CF
406
Centaurus Financial
Anaheim,
California
| – | -$17K | -100 | Closed |
|
|
WC
407
Whitney & Co
Rochester,
New York
| – | -$17K | -100 | Closed |
|
|
GFP
408
Gryphon Financial Partners
Columbus,
Ohio
| – | -$10K | -62 | Closed |
|
|
GI
409
GS Investments
Minneapolis,
Minnesota
| – | -$7.07K | -42 | Closed |
|
|
KCPG
410
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$6K | -35 | Closed |
|
|
IWP
411
Icon Wealth Partners
Houston,
Texas
| – | -$5K | -31 | Closed |
|
|
JA
412
JOYN Advisors
Atlanta,
Georgia
| – | -$3K | -20 | Closed |
|
|
BC
413
Barnett & Company
Chattanooga,
Tennessee
| – | +$183 | +1 | New |
|
SPOT Hedge Fund Activity: Q3 2018 in Review
367 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Spotify (SPOT) for Q3 2018, worth a combined $14.8B — up 8.5% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new SPOT positions and 45 closed out — a net gain of 65 holders — while 124 added to existing stakes and 80 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $415M. The largest seller was Technology Crossover Management VII, exiting entirely with an estimated $857M sold.
- 367 institutional investors held Spotify (SPOT) as of Q3 2018, up from 303 in Q2 2018.
- Funds reported $14.8B of Spotify stock for Q3 2018, up 8.5% quarter-over-quarter.
- 110 funds opened new Spotify positions in Q3 2018 and 45 closed out, a net change of +65 holders.
- The largest Spotify buyer in Q3 2018 was Morgan Stanley, an estimated $415M added.
- The largest Spotify seller in Q3 2018 was Technology Crossover Management VII, an estimated $857M sold.
Based on aggregated 13F filings for Q3 2018.