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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
Public Sector Pension Investment Board (PSP Investments)
101
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$19.3M
MCM
102
Marsico Capital Management
Colorado
$18.3M +$3.84M +26,489 +30%
BCPEMI
103
Bain Capital Public Equity Management II
Massachusetts
$18.1M +$16.4M +112,980 New
RP
104
Regal Partners
Australia
$17.9M -$14.8M -101,877 -48%
SOMRS
105
State of Michigan Retirement System
Michigan
$17.7M
PAM
106
Panagora Asset Management
Massachusetts
$17M -$1.01M -6,941 -6%
Robeco Institutional Asset Management
107
Robeco Institutional Asset Management
Netherlands
$16.3M -$1.73M -11,925 -11%
Hudson Bay Capital Management
108
Hudson Bay Capital Management
Connecticut
$15.8M +$8.76M +60,455 +159%
UBS Group
109
UBS Group
Switzerland
$15.8M +$3.04M +20,958 +27%
SC
110
Shellback Capital
Massachusetts
$15.7M +$1.87M +12,900 +15%
GIP
111
Gavilan Investment Partners
California
$15.4M +$457K +3,155 +3%
Principal Financial Group
112
Principal Financial Group
Iowa
$15.3M +$690K +4,764 +5%
Fidelity International
113
Fidelity International
Bermuda
$14.8M -$197M -1,361,301 -94%
BL
114
BWCP LP
Texas
$13.9M -$1.35M -9,296 -10%
NC
115
Nixon Capital
Texas
$13.1M +$50.3K +347 +0.4%
Simplex Trading
116
Simplex Trading
Illinois
$13.1M +$10.1M +69,461 +580%
Canada Pension Plan Investment Board
117
Canada Pension Plan Investment Board
Ontario, Canada
$12.5M +$3.84M +26,500 +52%
PI
118
PEAK6 Investments
Illinois
$12.4M +$574K +3,963 +5%
SI
119
Scout Investments
Missouri
$12.3M +$9.22M +63,651 +334%
VOYA Investment Management
120
VOYA Investment Management
Georgia
$12M +$1.26M +8,675 +13%
Axa
121
Axa
France
$11.7M +$9.7M +66,922 +1,092%
SCM
122
Steadfast Capital Management
New York
$11.5M +$10.4M +71,900 New
PMAM
123
Picton Mahoney Asset Management
Ontario, Canada
$11.4M +$3.35M +23,090 +48%
BA
124
Bridgewater Associates
Connecticut
$11.1M +$9.98M +68,847 New
JP Morgan Chase
125
JP Morgan Chase
New York
$11M +$2.6M +17,966 +36%

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.