Spotify
SPOT
570 hedge funds and large institutions have $17.7B invested in Spotify in 2023 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 181 increasing their positions, 174 reducing their positions, and 61 closing their positions.
43% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 61
23% more capital invested
Capital invested by funds: $14.4B → $17.7B (+$3.36B)
4% more funds holding
Funds holding: 546 → 570 (+24)
1.57% more ownership
Funds ownership: 55.53% → 57.1% (+1.6%)
4% more repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 174
10% less funds holding in top 10
Funds holding in top 10: 30 → 27 (-3)
31% less call options, than puts
Call options by funds: $684M | Put options by funds: $987M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$460M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$249M |
| 3 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
+$145M |
| 4 |
Squarepoint
New York
|
+$75.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$66.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$374M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$336M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$197M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$84.4M |
| 5 |
VH
ValueAct Holdings
San Francisco,
California
|
-$65.2M |
SPOT Hedge Fund Activity: Q2 2023 in Review
570 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Spotify (SPOT) for Q2 2023, worth a combined $17.7B — up 23% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new SPOT positions and 61 closed out — a net gain of 26 holders — while 181 added to existing stakes and 174 trimmed.
The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $460M. The largest seller was T. Rowe Price Associates, cutting an estimated $374M.
- 570 institutional investors held Spotify (SPOT) as of Q2 2023, up from 546 in Q1 2023.
- Funds reported $17.7B of Spotify stock for Q2 2023, up 23% quarter-over-quarter.
- 87 funds opened new Spotify positions in Q2 2023 and 61 closed out, a net change of +26 holders.
- The largest Spotify buyer in Q2 2023 was Massachusetts Financial Services, an estimated $460M added.
- The largest Spotify seller in Q2 2023 was T. Rowe Price Associates, an estimated $374M sold.
Based on aggregated 13F filings for Q2 2023.