Spotify
SPOT
553 hedge funds and large institutions have $17.8B invested in Spotify in 2023 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 190 increasing their positions, 168 reducing their positions, and 82 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 168
11% more funds holding in top 10
Funds holding in top 10: 27 → 30 (+3)
2.09% more ownership
Funds ownership: 57.1% → 59.19% (+2.1%)
0% more capital invested
Capital invested by funds: $17.7B → $17.8B (+$59.5M)
3% less funds holding
Funds holding: 570 → 553 (-17)
13% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 82
24% less call options, than puts
Call options by funds: $818M | Put options by funds: $1.07B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$282M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$258M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$189M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$173M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$168M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$270M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$143M |
| 3 |
Holocene Advisors
New York
|
-$106M |
| 4 |
VH
ValueAct Holdings
San Francisco,
California
|
-$83.1M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFSC
626
Peoples Financial Services Corp
Dunmore,
Pennsylvania
| – | -$4.01K | -25 | Closed |
|
|
LFA
627
Level Financial Advisors
East Amherst,
New York
| – | -$3.85K | -24 | Closed |
|
|
AAG
628
Armstrong Advisory Group
Needham,
Massachusetts
| – | -$2.89K | -18 | Closed |
|
|
EC
629
Elequin Capital
New York
| – | -$1.77K | -11 | Closed |
|
|
DI
630
Disciplined Investments
Tulsa,
Oklahoma
| – | -$963 | -6 | Closed |
|
|
FA
631
Fiduciary Alliance
Greenville,
South Carolina
| – | -$963 | -6 | Closed |
|
632
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$963 | -6 | Closed |
|
SPOT Hedge Fund Activity: Q3 2023 in Review
553 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Spotify (SPOT) for Q3 2023, worth a combined $17.8B — up 0.34% from $17.7B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of SPOT and 71 opened new positions — a net loss of 11 holders — while 168 trimmed existing stakes and 190 added.
The largest buyer was JP Morgan Chase, adding an estimated $282M. The largest seller was Citadel Advisors, cutting an estimated $270M.
- 553 institutional investors held Spotify (SPOT) as of Q3 2023, down from 570 in Q2 2023.
- Funds reported $17.8B of Spotify stock for Q3 2023, up 0.34% quarter-over-quarter.
- 71 funds opened new Spotify positions in Q3 2023 and 82 closed out, a net change of -11 holders.
- The largest Spotify buyer in Q3 2023 was JP Morgan Chase, an estimated $282M added.
- The largest Spotify seller in Q3 2023 was Citadel Advisors, an estimated $270M sold.
Based on aggregated 13F filings for Q3 2023.