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Spotify

373 hedge funds and large institutions have $13.1B invested in Spotify in 2019 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 129 increasing their positions, 98 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more call options, than puts

Call options by funds: $780M | Put options by funds: $412M

32% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 98

24% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 68

15% more capital invested

Capital invested by funds: $11.4B → $13.1B (+$1.67B)

4.04% more ownership

Funds ownership: 45.39%49.43% (+4%)

4% more funds holding

Funds holding: 359373 (+14)

8% less funds holding in top 10

Funds holding in top 10: 2422 (-2)

Holders
373
Holders Change
+14
Holders Change %
+3.9%
% of All Funds
8.1%
Holding in Top 10
22
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.33%
% of All Funds
0.48%
New
84
Increased
129
Reduced
98
Closed
68
Calls
$780M
Puts
$412M
Net Calls
+$367M
Net Calls Change
+$112M
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$2.79B +$45.9M +333,366 +2%
Morgan Stanley
2
Morgan Stanley
New York
$1.89B +$378M +2,748,279 +27%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$693M -$113M -822,247 -15%
Tiger Global Management
4
Tiger Global Management
New York
$608M -$556M -4,042,100 -49%
BlackRock
5
BlackRock
New York
$409M +$381M +2,767,113 +10,019%
TGHSA
6
TPG Group Holdings (SBS) Advisors
Texas
$312M -$172M -1,252,062 -37%
AT
7
AMF Tjänstepension
Sweden
$303M
ATO
8
Alecta Tjanstepension Omsesidigt
Sweden
$299M +$55M +400,000 +24%
JP Morgan Chase
9
JP Morgan Chase
New York
$281M +$33.4M +242,454 +14%
Capital World Investors
10
Capital World Investors
California
$258M +$488K +3,545 +0.2%
Goldman Sachs
11
Goldman Sachs
New York
$225M -$2.68M -19,486 -1%
SCM
12
Steadfast Capital Management
New York
$175M -$35M -254,288 -18%
State Street
13
State Street
Massachusetts
$170M +$155M +1,129,659 +3,428%
CCM
14
Cadian Capital Management
New York
$168M -$1.46M -10,578 -0.9%
NCMU
15
NAYA Capital Management (UK)
United Kingdom
$141M +$34.2M +248,637 +35%
CG
16
Carmignac Gestion
France
$141M -$6.74M -48,967 -5%
SCM
17
Suvretta Capital Management
New York
$138M +$130M +946,466 New
Swedbank
18
Swedbank
Sweden
$135M +$127M +921,604 New
EIP
19
Epoch Investment Partners
New York
$124M -$2.37M -17,254 -2%
SC
20
Sculptor Capital
New York
$111M -$11.1M -80,911 -10%
RP
21
Regal Partners
Australia
$109M +$19.2M +139,585 +23%
Neuberger Berman Group
22
Neuberger Berman Group
New York
$100M -$4.53M -32,944 -5%
TCG
23
Tremblant Capital Group
Florida
$98M -$10.2M -74,270 -10%
Ameriprise
24
Ameriprise
Minnesota
$94.7M +$60.6M +440,213 +212%
DIG
25
Dragoneer Investment Group
California
$91.9M -$42.5M -309,000 -33%

SPOT Hedge Fund Activity: Q2 2019 in Review

373 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Spotify (SPOT) for Q2 2019, worth a combined $13.1B — up 15% from $11.4B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new SPOT positions and 68 closed out — a net gain of 16 holders — while 129 added to existing stakes and 98 trimmed.

The largest buyer was BlackRock, adding an estimated $381M. The largest seller was Tiger Global Management, cutting an estimated $556M.

  • 373 institutional investors held Spotify (SPOT) as of Q2 2019, up from 359 in Q1 2019.
  • Funds reported $13.1B of Spotify stock for Q2 2019, up 15% quarter-over-quarter.
  • 84 funds opened new Spotify positions in Q2 2019 and 68 closed out, a net change of +16 holders.
  • The largest Spotify buyer in Q2 2019 was BlackRock, an estimated $381M added.
  • The largest Spotify seller in Q2 2019 was Tiger Global Management, an estimated $556M sold.

Based on aggregated 13F filings for Q2 2019.