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Spotify

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.

New
Increased
Maintained
Reduced
Closed

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: 546570 (+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: 3027 (-3)

31% less call options, than puts

Call options by funds: $684M | Put options by funds: $987M

Holders
570
Holders Change
+24
Holders Change %
+4.4%
% of All Funds
8.95%
Holding in Top 10
27
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-10%
% of All Funds
0.42%
New
87
Increased
181
Reduced
174
Closed
61
Calls
$684M
Puts
$987M
Net Calls
-$303M
Net Calls Change
-$251M
Name Holding Trade Value Shares
Change
Change in
Stake
Amundi
76
Amundi
France
$33.4M -$6.98M -48,144 -19%
DZ Bank
77
DZ Bank
Germany
$32M +$3.09M +21,335 +12%
First Trust Advisors
78
First Trust Advisors
Illinois
$30.7M +$20.3M +140,356 +275%
SSA
79
Schonfeld Strategic Advisors
New York
$30.7M +$16.7M +115,152 +151%
SIMG
80
Stephens Investment Management Group
Texas
$29.4M +$504K +3,477 +2%
RhumbLine Advisers
81
RhumbLine Advisers
Massachusetts
$29.2M +$3.19M +21,991 +14%
HSBC Holdings
82
HSBC Holdings
United Kingdom
$28.5M +$24.3M +167,944 +1,645%
UBS AM
83
UBS AM
Illinois
$28.4M
Sumitomo Mitsui Trust Group
84
Sumitomo Mitsui Trust Group
Japan
$27.9M +$203K +1,400 +0.8%
Capital Fund Management (CFM)
85
Capital Fund Management (CFM)
France
$27.8M +$7.83M +54,035 +45%
Balyasny Asset Management
86
Balyasny Asset Management
Illinois
$26.5M +$23.2M +160,050 +3,368%
National Bank of Canada
87
National Bank of Canada
Quebec, Canada
$26.4M -$4.54M -31,342 -16%
State Board of Administration of Florida Retirement System
88
State Board of Administration of Florida Retirement System
Florida
$26.4M +$1.62M +11,171 +7%
Charles Schwab
89
Charles Schwab
California
$26M -$985K -6,797 -4%
Nordea Investment Management
90
Nordea Investment Management
Sweden
$23.9M +$21.7M +149,720 New
Bank of Montreal
91
Bank of Montreal
Ontario, Canada
$23.1M +$10.6M +73,104 +104%
BNP Paribas Financial Markets
92
BNP Paribas Financial Markets
France
$22.2M +$6.21M +42,846 +45%
Invesco
93
Invesco
Georgia
$22.1M +$2.65M +18,282 +15%
Royal Bank of Canada
94
Royal Bank of Canada
Ontario, Canada
$21M +$4.53M +31,263 +32%
NAMA
95
Nikko Asset Management Americas
New York
$20.7M -$1.01M -6,942 -5%
CGI
96
Comgest Global Investors
France
$20.2M -$443K -3,056 -2%
PAMP
97
Polar Asset Management Partners
Ontario, Canada
$19.8M -$1.81M -12,500 -9%
GLCM
98
Greenlea Lane Capital Management
Connecticut
$19.6M -$4.48M -30,940 -20%
State of Wisconsin Investment Board
99
State of Wisconsin Investment Board
Wisconsin
$19.3M
Man Group
100
Man Group
United Kingdom
$19.3M +$17.4M +120,117 New

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.