Spotify
SPOT
376 hedge funds and large institutions have $11.3B invested in Spotify in 2019 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 136 increasing their positions, 112 reducing their positions, and 66 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 112
2% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 66
0.28% more ownership
Funds ownership: 54.87% → 55.15% (+0.28%)
1% less funds holding
Funds holding: 378 → 376 (-2)
1% less capital inflows, than outflows
Capital inflows: $1.54B | Capital outflows: $1.55B
13% less funds holding in top 10
Funds holding in top 10: 24 → 21 (-3)
17% less call options, than puts
Call options by funds: $265M | Put options by funds: $321M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$276M |
| 2 |
Renaissance Technologies
New York
|
+$133M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$119M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$91.3M |
| 5 |
Morgan Stanley
New York
|
+$88.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
-$175M |
| 2 |
Suvretta Capital Management
New York
|
-$138M |
| 3 |
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$124M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$112M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$74.9M |
SPOT Hedge Fund Activity: Q3 2019 in Review
376 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in Spotify (SPOT) for Q3 2019, worth a combined $11.3B — down 22% from $14.5B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new SPOT positions and 66 closed out — a net gain of 1 holder — while 136 added to existing stakes and 112 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $276M. The largest seller was Steadfast Capital Management, exiting entirely with an estimated $175M sold.
- 376 institutional investors held Spotify (SPOT) as of Q3 2019, down from 378 in Q2 2019.
- Funds reported $11.3B of Spotify stock for Q3 2019, down 22% quarter-over-quarter.
- 67 funds opened new Spotify positions in Q3 2019 and 66 closed out, a net change of +1 holder.
- The largest Spotify buyer in Q3 2019 was T. Rowe Price Associates, an estimated $276M added.
- The largest Spotify seller in Q3 2019 was Steadfast Capital Management, an estimated $175M sold.
Based on aggregated 13F filings for Q3 2019.