We are live on ! Find out more
SPOT icon

Spotify
SPOT

546 hedge funds and large institutions have $14.4B invested in Spotify in 2023 Q1 according to their latest regulatory filings, with 124 funds opening new positions, 144 increasing their positions, 165 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

148% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 50

88% more funds holding in top 10

Funds holding in top 10: 16 → 30 (+14)

72% more capital invested

Capital invested by funds: $8.35B → $14.4B (+$6B)

14% more funds holding

Funds holding: 479 → 546 (+67)

0.64% more ownership

Funds ownership: 54.89% → 55.53% (+0.64%)

8% less call options, than puts

Call options by funds: $618M | Put options by funds: $670M

13% less repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 165

Holders
546
Holders Change
+67
Holders Change %
+13.99%
% of All Funds
8.7%
Holding in Top 10
30
Holding in Top 10 Change
+14
Holding in Top 10 Change %
+87.5%
% of All Funds
0.48%
New
124
Increased
144
Reduced
165
Closed
50
Calls
$618M
Puts
$670M
Net Calls
-$52M
Net Calls Change
-$117M

Top Buyers

1
VH
ValueAct Holdings
California
+$257M
2
SIM
SRS Investment Management
New York
+$252M
3
Citadel Advisors
Citadel Advisors
Florida
+$199M
4
Wellington Management Group
Wellington Management Group
Massachusetts
+$113M
5
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
+$87.9M

Top Sellers

1
UBS Group
UBS Group
Switzerland
-$195M
2
Jennison Associates
Jennison Associates
New York
-$148M
3
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$114M
4
Two Sigma Investments
Two Sigma Investments
New York
-$110M
5
Goldman Sachs
Goldman Sachs
New York
-$80.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
CAL
526
Capital Analysts LLC
Pennsylvania
$1K – – –
RG
527
Retirement Group
California
$1K – – –
TFA
528
Transamerica Financial Advisors
Florida
$1K – – –
CMBA
529
C.M. Bidwell & Associates
Hawaii
$935 – – –
DI
530
Disciplined Investments
Oklahoma
$802 +$229 +2 +50%
WWM
531
Wolff Wiese Magana
California
$669 – – –
SIC
532
SJS Investment Consulting
Ohio
$669 +$229 +2 +67%
ME
533
McIlrath & Eck
Washington
$668 – – –
NSG
534
Nalls Sherbakoff Group
Tennessee
$655 +$572 +5 New
BCM
535
Blume Capital Management
California
$534 -$687 -6 -60%
Kayne Anderson Rudnick Investment Management
536
Kayne Anderson Rudnick Investment Management
California
$534 +$458 +4 New
BAAM
537
Baker Avenue Asset Management
California
$413 +$343 +3 New
FGAM
538
Financial Gravity Asset Management
Texas
$283 +$6.3K +55 +70%
BCM
539
Bourgeon Capital Management
Connecticut
$268 – – –
CWA
540
Carolina Wealth Advisors
South Carolina
$267 – – –
HRC
541
Hoertkorn Richard Charles
$267 – – –
BCMLT
542
Beacon Capital Management LLC (Tennessee)
Tennessee
$134 – – –
HWM
543
HighMark Wealth Management
Minnesota
$134 – – –
SIC
544
Salem Investment Counselors
North Carolina
$134 – – –
Jennison Associates
545
Jennison Associates
New York
– -$148M -1,871,428 Closed
Point72 Asset Management
546
Point72 Asset Management
Connecticut
– -$49.7M -630,004 Closed
AA
547
Ancient Art
Texas
– -$38M -481,304 Closed
SC
548
Samlyn Capital
New York
– -$10.8M -136,766 Closed
Nordea Investment Management
549
Nordea Investment Management
Sweden
– -$8.21M -105,381 Closed
CIM
550
Contrarius Investment Management
Jersey
– -$8M -101,341 Closed
20 21
22
23 24

SPOT Hedge Fund Activity: Q1 2023 in Review

546 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Spotify (SPOT) for Q1 2023, worth a combined $14.4B — up 72% from $8.35B a quarter earlier.

Buyers outnumbered sellers: 124 funds opened new SPOT positions and 50 closed out — a net gain of 74 holders — while 144 added to existing stakes and 165 trimmed.

The largest buyer was ValueAct Holdings, opening a new position worth an estimated $257M. The largest seller was UBS Group, cutting an estimated $195M.

  • 546 institutional investors held Spotify (SPOT) as of Q1 2023, up from 479 in Q4 2022.
  • Funds reported $14.4B of Spotify stock for Q1 2023, up 72% quarter-over-quarter.
  • 124 funds opened new Spotify positions in Q1 2023 and 50 closed out, a net change of +74 holders.
  • The largest Spotify buyer in Q1 2023 was ValueAct Holdings, an estimated $257M added.
  • The largest Spotify seller in Q1 2023 was UBS Group, an estimated $195M sold.

Based on aggregated 13F filings for Q1 2023.