Spotify
SPOT
359 hedge funds and large institutions have $11.4B invested in Spotify in 2019 Q1 according to their latest regulatory filings, with 95 funds opening new positions, 134 increasing their positions, 67 reducing their positions, and 54 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 67
76% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 54
75% more call options, than puts
Call options by funds: $594M | Put options by funds: $339M
24% more capital invested
Capital invested by funds: $9.17B → $11.4B (+$2.22B)
13% more funds holding
Funds holding: 319 → 359 (+40)
4% more funds holding in top 10
Funds holding in top 10: 23 → 24 (+1)
0.77% more ownership
Funds ownership: 44.63% → 45.39% (+0.77%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$767M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$164M |
| 3 |
SC
Sculptor Capital
New York
|
+$114M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$64M |
| 5 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$49.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$629M |
| 2 |
Coatue Management
New York
|
-$419M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$122M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$88.8M |
| 5 |
DCP
D1 Capital Partners
New York
|
-$85.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
401
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$253K | -2,227 | Closed |
|
|
RBFC
402
Roman Butler Fullerton & Co
St Louis,
Missouri
| – | -$235K | -1,900 | Closed |
|
|
TRCT
403
Tower Research Capital (TRC)
New York
| – | -$115K | -1,011 | Closed |
|
|
OIA
404
Optimum Investment Advisors
Chicago,
Illinois
| – | -$79K | -700 | Closed |
|
|
MWA
405
Meridian Wealth Advisors
Austin,
Texas
| – | -$53K | -470 | Closed |
|
|
NFG
406
Next Financial Group
Houston,
Texas
| – | -$45K | -393 | Closed |
|
|
BDWM
407
Brewin Dolphin Wealth Management
Conskleagh, Dublin,
Ireland
| – | -$14.2K | -125 | Closed |
|
|
CAL
408
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$7K | -65 | Closed |
|
|
ASN
409
Advisory Services Network
Atlanta,
Georgia
| – | -$7K | -63 | Closed |
|
|
AWM
410
Avior Wealth Management
Omaha,
Nebraska
| – | -$8.21K | -60 | Closed |
|
|
FCA
411
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$6K | -50 | Closed |
|
|
LC
412
Lindbrook Capital
Calabasas,
California
| – | -$3K | -35 | Closed |
|
413
Rockefeller Capital Management
New York
| – | +$274 | +2 | New |
|
SPOT Hedge Fund Activity: Q1 2019 in Review
359 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Spotify (SPOT) for Q1 2019, worth a combined $11.4B — up 24% from $9.17B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new SPOT positions and 54 closed out — a net gain of 41 holders — while 134 added to existing stakes and 67 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $767M. The largest seller was Tiger Global Management, cutting an estimated $629M.
- 359 institutional investors held Spotify (SPOT) as of Q1 2019, up from 319 in Q4 2018.
- Funds reported $11.4B of Spotify stock for Q1 2019, up 24% quarter-over-quarter.
- 95 funds opened new Spotify positions in Q1 2019 and 54 closed out, a net change of +41 holders.
- The largest Spotify buyer in Q1 2019 was Morgan Stanley, an estimated $767M added.
- The largest Spotify seller in Q1 2019 was Tiger Global Management, an estimated $629M sold.
Based on aggregated 13F filings for Q1 2019.