Spotify
SPOT
546 hedge funds and large institutions have $14.4B invested in Spotify in 2023 Q1 according to their latest regulatory filings, with 125 funds opening new positions, 142 increasing their positions, 165 reducing their positions, and 50 closing their positions.
150% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 50
88% more funds holding in top 10
Funds holding in top 10: 16 → 30 (+14)
72% more capital invested
Capital invested by funds: $8.35B → $14.4B (+$6B)
14% more funds holding
Funds holding: 478 → 546 (+68)
0.77% more ownership
Funds ownership: 54.76% → 55.53% (+0.77%)
8% less call options, than puts
Call options by funds: $618M | Put options by funds: $670M
14% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 165
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$257M |
| 2 |
SIM
SRS Investment Management
New York
|
+$252M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$199M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$113M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$87.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$195M |
| 2 |
Jennison Associates
New York
|
-$148M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$114M |
| 4 |
Two Sigma Investments
New York
|
-$110M |
| 5 |
Goldman Sachs
New York
|
-$80.6M |
SPOT Hedge Fund Activity: Q1 2023 in Review
546 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Spotify (SPOT) for Q1 2023, worth a combined $14.4B — up 72% from $8.35B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new SPOT positions and 50 closed out — a net gain of 75 holders — while 142 added to existing stakes and 165 trimmed.
The largest buyer was ValueAct Holdings, opening a new position worth an estimated $257M. The largest seller was UBS Group, cutting an estimated $195M.
- 546 institutional investors held Spotify (SPOT) as of Q1 2023, up from 478 in Q4 2022.
- Funds reported $14.4B of Spotify stock for Q1 2023, up 72% quarter-over-quarter.
- 125 funds opened new Spotify positions in Q1 2023 and 50 closed out, a net change of +75 holders.
- The largest Spotify buyer in Q1 2023 was ValueAct Holdings, an estimated $257M added.
- The largest Spotify seller in Q1 2023 was UBS Group, an estimated $195M sold.
Based on aggregated 13F filings for Q1 2023.