Vault-13

SPOTIFY TECHNOLOGY S A SPOT

SHS · Common Stock · CUSIP L8681T102

841 institutional holders +121 vs Q1 2024
125,164,675125.2m shares reported held*
$39.3bnreported value*
169 new 317 added 239 reduced 45 sold out net sold ≈ $3.3bn (-10.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($270.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $313.76. Options: 43 managers hold calls ($1.4bn notional), 37 hold puts ($2.5bn).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 495Q4 22: 479Q1 23: 547Q2 23: 572Q3 23: 555Q4 23: 657Q1 24: 720Q2 24: 841841Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022495
Q4 2022479
Q1 2023547
Q2 2023572
Q3 2023555
Q4 2023657
Q1 2024720
Q2 2024841

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
5000500Q4 22: 215 bought or addedQ4 22: 230 cut or sold outQ4 22Q1 23: 262 bought or addedQ1 23: 214 cut or sold outQ2 23: 263 bought or addedQ2 23: 235 cut or sold outQ2 23Q3 23: 255 bought or addedQ3 23: 252 cut or sold outQ4 23: 318 bought or addedQ4 23: 242 cut or sold outQ4 23Q1 24: 346 bought or addedQ1 24: 309 cut or sold outQ2 24: 486 bought or addedQ2 24: 284 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022215230
Q1 2023262214
Q2 2023263235
Q3 2023255252
Q4 2023318242
Q1 2024346309
Q2 2024486284

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1bn$2bn$3bnQ3 23 calls: $818.0mQ3 23 puts: $1.1bnQ3 23P/C 1.31Q4 23 calls: $1.1bnQ4 23 puts: $1.4bnQ4 23P/C 1.32Q1 24 calls: $1.4bnQ1 24 puts: $2.2bnQ1 24P/C 1.56Q2 24 calls: $1.4bnQ2 24 puts: $2.5bnQ2 24P/C 1.81
Numbers
QuarterCallsPutsP/C
Q3 2023$818.0m$1.1bn1.31
Q4 2023$1.1bn$1.4bn1.32
Q1 2024$1.4bn$2.2bn1.56
Q2 2024$1.4bn$2.5bn1.81

Biggest buyers

WCM INVESTMENT MANAGEMENT, LLC New +3,267,870+3.3m
JPMORGAN CHASE & CO Added +2,965,278+3.0m
Winslow Capital Management, LLC New +1,802,182+1.8m
JANE STREET GROUP, LLC Added +858,404+858.4k
Qube Research & Technologies Ltd Added +765,585+765.6k
MILLENNIUM MANAGEMENT LLC Added +744,358+744.4k
Perpetual Ltd New +611,250+611.2k
Invesco Ltd. Added +530,164+530.2k
D. E. Shaw & Co., Inc. Added +504,851+504.9k
FRANKLIN RESOURCES INC Added +489,399+489.4k

Biggest sellers

MORGAN STANLEY Reduced -14,363,611-14.4m
BAILLIE GIFFORD & CO Reduced -5,358,120-5.4m
T. Rowe Price Investment Management, Inc. Reduced -2,423,733-2.4m
GQG Partners LLC Sold out -2,311,633-2.3m
BlackRock Inc. Reduced -1,274,806-1.3m
GEODE CAPITAL MANAGEMENT, LLC Reduced -449,839-449.8k
Technology Crossover Management VIII, Ltd. Reduced -403,654-403.7k
AMERICAN CENTURY COMPANIES INC Reduced -399,102-399.1k
Alecta Tjanstepension Omsesidigt Reduced -374,600-374.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -355,215-355.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $349.0m1.1m shares
CITADEL ADVISORS LLC Reduced $235.2m749.5k shares
IMC-Chicago, LLC Added $110.1m350.8k shares
D. E. Shaw & Co., Inc. Added $76.4m243.4k shares
Walleye Capital LLC Reduced $51.8m165.0k shares
SIMPLEX TRADING, LLC Reduced $49.0m156.0k shares
JANE STREET GROUP, LLC Reduced $47.8m152.3k shares
WELLS FARGO & COMPANY/MN New $36.7m116.9k shares
Cubist Systematic Strategies, LLC Added $36.2m115.5k shares
PEAK6 Investments LLC Added $35.6m113.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $506.7m1.6m shares
CITADEL ADVISORS LLC Reduced $240.0m764.9k shares
GOLDMAN SACHS GROUP INC Added $197.8m630.5k shares
D. E. Shaw & Co., Inc. Reduced $191.0m608.8k shares
JANE STREET GROUP, LLC Added $164.0m522.5k shares
IMC-Chicago, LLC Added $162.9m519.0k shares
SIMPLEX TRADING, LLC Reduced $148.2m472.2k shares
Parallax Volatility Advisers, L.P. Added $144.2m459.6k shares
Walleye Capital LLC Reduced $105.5m336.1k shares
WOLVERINE TRADING, LLC Reduced $91.3m291.1k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BAILLIE GIFFORD & CO 3.94% of their portfolio EDINBURGH, X0 16,103,95916.1m $5.1bn $5.1bn 3.94% Reduced -5.4m -5,358,120
2 JPMORGAN CHASE & CO 0.11% of their portfolio NEW YORK, NY 8,445,6828.4m $2.7bn $2.7bn 0.11% Added +3.0m +2,965,278
3 MORGAN STANLEY 0.20% of their portfolio NEW YORK, NY 8,235,8758.2m $2.6bn $2.6bn 0.20% Reduced -14.4m -14,363,611
4 PRICE T ROWE ASSOCIATES INC /MD/ 0.21% of their portfolio BALTIMORE, MD 5,583,2415.6m $1.8bn $1.8bn 0.21% Reduced -259.6k -259,555
5 WELLINGTON MANAGEMENT GROUP LLP 0.26% of their portfolio Boston, MA 4,727,3994.7m $1.5bn $1.5bn 0.26% Reduced -122.6k -122,570
6 BlackRock Inc. 0.03% of their portfolio New York, NY 4,246,2034.2m $1.3bn $1.3bn 0.03% Reduced -1.3m -1,274,806
7 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.33% of their portfolio Boston, MA 3,389,3843.4m $1.1bn $1.1bn 0.33% Added +8.3k +8,291
8 WCM INVESTMENT MANAGEMENT, LLC 2.44% of their portfolio LAGUNA BEACH, CA 3,267,8703.3m $1.0bn $1.0bn 2.44% New
9 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.61% of their portfolio BOSTON, MA 2,219,8602.2m $696.6m $696.6m 0.61% Reduced -213.5k -213,488
10 T. Rowe Price Investment Management, Inc. 0.41% of their portfolio BALTIMORE, MD 2,067,6732.1m $648.8m $648.8m 0.41% Reduced -2.4m -2,423,733
11 STATE STREET CORP 0.03% of their portfolio BOSTON, MA 1,968,4592.0m $617.7m $617.7m 0.03% Added +194.8k +194,788
12 SCHRODER INVESTMENT MANAGEMENT GROUP 0.63% of their portfolio London, X0 1,808,4571.8m $567.5m $567.5m 0.63% Reduced -72.2k -72,221
13 Winslow Capital Management, LLC 2.04% of their portfolio MINNEAPOLIS, MN 1,802,1821.8m $565.5m $565.5m 2.04% New
14 LONE PINE CAPITAL LLC 4.29% of their portfolio GREENWICH, CT 1,687,4151.7m $529.5m $529.5m 4.29% Unchanged
15 ACADIAN ASSET MANAGEMENT LLC 1.57% of their portfolio Boston, MA 1,623,4041.6m $509.4m $509.4m 1.57% Reduced -190.7k -190,679
16 Technology Crossover Management VIII, Ltd. 56.81% of their portfolio MENLO PARK, CA 1,614,6181.6m $506.7m $506.7m 56.81% Reduced -403.7k -403,654
17 Artisan Partners Limited Partnership 0.75% of their portfolio Milwaukee, WI 1,564,6231.6m $491.0m $491.0m 0.75% Reduced -54.0k -54,026
18 MARSHALL WACE, LLP 0.67% of their portfolio LONDON, X0 1,504,5541.5m $472.1m $472.1m 0.67% Reduced -260.2k -260,193
19 AMF Tjanstepension AB 3.51% of their portfolio STOCKHOLM, V7 1,500,0001.5m $470.7m $470.7m 3.51% Reduced -200.0k -200,000
20 Alecta Tjanstepension Omsesidigt 2.52% of their portfolio STOCKHOLM, V7 1,437,5001.4m $451.9m $451.9m 2.52% Reduced -374.6k -374,600
21 Technology Crossover Management XI, Ltd. 67.59% of their portfolio MENLO PARK, CA 1,297,3231.3m $407.1m $407.1m 67.59% Unchanged
22 FMR LLC 0.03% of their portfolio BOSTON, MA 1,270,7831.3m $398.8m $398.8m 0.03% Added +315.1k +315,055
23 Qube Research & Technologies Ltd 0.72% of their portfolio LONDON, X0 1,237,5121.2m $388.3m $388.3m 0.72% Added +765.6k +765,585
24 Invesco Ltd. 0.08% of their portfolio ATLANTA, GA 1,232,5161.2m $386.8m $386.8m 0.08% Added +530.2k +530,164
25 MILLENNIUM MANAGEMENT LLC 0.31% of their portfolio NEW YORK, NY 1,211,9991.2m $380.3m $380.3m 0.31% Added +744.4k +744,358
26 CITADEL ADVISORS LLC 0.35% of their portfolio MIAMI, FL 1,146,7061.1m $359.8m $359.8m 0.35% Added +228.8k +228,843
27 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 949,333949.3k $297.9m $297.9m 0.03% Added +293.9k +293,870
28 BAMCO INC /NY/ 0.80% of their portfolio NEW YORK, NY 885,403885.4k $277.8m $277.8m 0.80% Added +20.8k +20,819
29 JANE STREET GROUP, LLC 0.30% of their portfolio NEW YORK, NY 878,969879.0k $275.8m $275.8m 0.30% Added +858.4k +858,404
30 Swedbank AB 0.36% of their portfolio STOCKHOLM, V7 852,526852.5k $267.5m $267.5m 0.36% Added +99.7k +99,730
31 TWO SIGMA ADVISERS, LP 0.58% of their portfolio NEW YORK, NY 823,700823.7k $258.5m $258.5m 0.58% Added +193.4k +193,400
32 TWO SIGMA INVESTMENTS, LP 0.58% of their portfolio NEW YORK, NY 776,556776.6k $243.7m $243.7m 0.58% Added +439.8k +439,774
33 LORD, ABBETT & CO. LLC 0.39% of their portfolio JERSEY CITY, NJ 746,908746.9k $234.4m $234.4m 0.39% Added +21.8k +21,825
34 D1 Capital Partners L.P. 3.60% of their portfolio New York, NY 680,061680.1k $213.4m $213.4m 3.60% Added +36.0k +36,000
35 ValueAct Holdings, L.P. 5.97% of their portfolio SAN FRANCISCO, CA 676,553676.6k $212.3m $212.3m 5.97% Reduced -144.0k -144,000
36 Balyasny Asset Management L.P. 0.55% of their portfolio Chicago, IL 672,967673.0k $211.2m $211.2m 0.55% Added +36.5k +36,498
37 NORTHERN TRUST CORP 0.04% of their portfolio CHICAGO, IL 664,364664.4k $208.5m $208.5m 0.04% Added +182.1k +182,091
38 JACOBS LEVY EQUITY MANAGEMENT, INC 0.85% of their portfolio FLORHAM PARK, NJ 657,397657.4k $206.3m $206.3m 0.85% Added +126.2k +126,201
39 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 657,290657.3k $206.3m $206.3m 0.00% Added +44.8k +44,768
40 SEI INVESTMENTS CO 0.29% of their portfolio OAKS, PA 646,380646.4k $202.8m $202.8m 0.29% Added +333.8k +333,782
41 D. E. Shaw & Co., Inc. 0.28% of their portfolio New York, NY 634,250634.2k $199.0m $199.0m 0.28% Added +504.9k +504,851
42 FRANKLIN RESOURCES INC 0.06% of their portfolio San Mateo, CA 625,209625.2k $196.2m $196.2m 0.06% Added +489.4k +489,399
43 Perpetual Ltd 2.09% of their portfolio SYDNEY, NEW SOUTH WALES, C3 611,250611.2k $191.8m $191.8m 2.09% New
44 Legal & General Group Plc 0.05% of their portfolio London, X0 600,135600.1k $188.4m $188.4m 0.05% Reduced -11.4k -11,404
45 FEDERATED HERMES, INC. 0.44% of their portfolio PITTSBURGH, PA 586,958587.0k $184.2m $184.2m 0.44% Added +1.8k +1,752
46 RENAISSANCE TECHNOLOGIES LLC 0.31% of their portfolio NEW YORK, NY 586,884586.9k $184.2m $184.2m 0.31% Added +139.1k +139,149
47 NORGES BANK 0.03% of their portfolio OSLO, Q8 585,470585.5k $183.7m $183.7m 0.03% Added +19.2k +19,220
48 Liontrust Investment Partners LLP 2.50% of their portfolio LONDON, X0 560,233560.2k $175.8m $175.8m 2.50% Reduced -25.6k -25,570
49 Polar Capital Holdings Plc 1.03% of their portfolio London, X0 556,692556.7k $174.7m $174.7m 1.03% Added +120.7k +120,722
50 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 549,859549.9k $172.5m $172.5m 0.06% Added +80.4k +80,374
51 STEADFAST CAPITAL MANAGEMENT LP 4.05% of their portfolio NEW YORK, NY 541,800541.8k $170.0m $170.0m 4.05% Added +246.5k +246,500
52 Man Group plc 0.43% of their portfolio LONDON, X0 518,549518.5k $162.7m $162.7m 0.43% Added +174.6k +174,607
53 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 508,426508.4k $159.5m $159.5m 0.03% Added +141.2k +141,250
54 Hyperion Asset Management Ltd 6.48% of their portfolio Royal Exchange, C3 500,368500.4k $157.0m $157.0m 6.48% Reduced -28.7k -28,719
55 Sumitomo Mitsui Trust Group, Inc. 0.11% of their portfolio CHIYODA-KU, TOKYO, M0 492,266492.3k $154.5m $154.5m 0.11% Reduced -8.8k -8,806
56 VIKING GLOBAL INVESTORS LP 0.57% of their portfolio STAMFORD, CT 474,981475.0k $149.0m $149.0m 0.57% New
57 HRT FINANCIAL LP 0.82% of their portfolio NEW YORK, NY 452,520452.5k $142.0m $142.0m 0.82% Added +443.2k +443,245
58 Amova Asset Management Americas, Inc. 1.58% of their portfolio New York, NY 435,389435.4k $136.6m $136.6m 1.58% Reduced -11.2k -11,170
59 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 432,407432.4k $135.7m $135.7m 0.06% Added +5.0k +4,959
60 Russell Investments Group, Ltd. 0.22% of their portfolio Seattle, WA 431,617431.6k $135.5m $135.5m 0.22% Reduced -62.6k -62,635
61 CAPITAL FUND MANAGEMENT S.A. 1.52% of their portfolio PARIS, I0 425,633425.6k $133.6m $133.6m 1.52% Added +160.3k +160,332
62 SRS Investment Management, LLC 1.70% of their portfolio New York, NY 398,180398.2k $124.9m $124.9m 1.70% Unchanged
63 NEW YORK STATE COMMON RETIREMENT FUND 0.16% of their portfolio ALBANY, NY 393,329393.3k $123.4m $123.4m 0.16% Added +66.4k +66,421
64 NEUBERGER BERMAN GROUP LLC 0.10% of their portfolio NEW YORK, NY 381,457381.5k $119.7m $119.7m 0.10% Added +219.7k +219,697
65 Squarepoint Ops LLC 0.42% of their portfolio NEW YORK, NY 362,714362.7k $113.8m $113.8m 0.42% Added +72.3k +72,293
66 FRED ALGER MANAGEMENT, LLC 0.54% of their portfolio NEW YORK, NY 350,877350.9k $110.1m $110.1m 0.54% Added +18.5k +18,502
67 AGF MANAGEMENT LTD 0.61% of their portfolio TORONTO, A6 349,031349.0k $109.5m $109.5m 0.61% Added +5.2k +5,166
68 Contour Asset Management LLC 3.67% of their portfolio NEW YORK, NY 346,700346.7k $108.8m $108.8m 3.67% Added +2.3k +2,341
69 TD Asset Management Inc 0.10% of their portfolio Toronto, A6 345,827345.8k $108.5m $108.5m 0.10% Reduced -167.0k -167,014
70 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 341,534341.5k $107.2m $107.2m 0.03% Added +66.3k +66,254
71 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 335,248335.2k $105.2m $105.2m 0.02% Added +18.9k +18,948
72 1832 Asset Management L.P. 0.18% of their portfolio TORONTO, A6 325,514325.5k $102.1m $102.1m 0.18% Reduced -133.7k -133,700
73 Nuveen Asset Management, LLC 0.03% of their portfolio CHICAGO, IL 322,701322.7k $101.3m $101.3m 0.03% Reduced -56.9k -56,859
74 Allspring Global Investments Holdings, LLC 0.15% of their portfolio CHARLOTTE, NC 296,093296.1k $92.9m $92.9m 0.15% Added +18.9k +18,875
75 Schonfeld Strategic Advisors LLC 0.71% of their portfolio NEW YORK, NY 292,582292.6k $91.8m $91.8m 0.71% Added +110.2k +110,215
76 SCOPUS ASSET MANAGEMENT, L.P. 2.75% of their portfolio NEW YORK, NY 280,000280.0k $87.9m $87.9m 2.75% New
77 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 266,536266.5k $83.6m $83.6m 0.02% Added +5.3k +5,273
78 California Public Employees Retirement System 0.06% of their portfolio Sacramento, CA 255,188255.2k $80.1m $80.1m 0.06% Added +1.6k +1,597
79 AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio KANSAS CITY, MO 234,782234.8k $73.7m $73.7m 0.05% Reduced -399.1k -399,102
80 NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio STOCKHOLM, V7 233,124233.1k $71.7m $71.7m 0.08% Reduced -696 -696
81 BANK OF NOVA SCOTIA 0.14% of their portfolio TORONTO, A6 226,000226.0k $70.9m $70.9m 0.14% Added +174.3k +174,336
82 SG Americas Securities, LLC 0.44% of their portfolio NEW YORK, NY 223,756223.8k $70.2m $70.2m 0.44% Added +131.5k +131,454
83 SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 3.21% of their portfolio Boston, MA 222,064222.1k $69.7m $69.7m 3.21% Reduced -5.0k -5,010
84 Castle Hook Partners LP 2.37% of their portfolio NEW YORK, NY 218,685218.7k $68.6m $68.6m 2.37% Reduced -12.0k -11,969
85 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 217,507217.5k $68.3m $68.3m 0.02% Added +87.5k +87,504
86 Quadrature Capital Ltd 1.14% of their portfolio LONDON, X0 216,922216.9k $68.2m $68.2m 1.14% Added +92.1k +92,084
87 Holocene Advisors, LP 0.28% of their portfolio New York, NY 216,302216.3k $67.9m $67.9m 0.28% Added +158.5k +158,546
88 Walleye Capital LLC 0.70% of their portfolio NEW YORK, NY 212,287212.3k $66.6m $66.6m 0.70% Added +25.2k +25,217
89 Stephens Investment Management Group LLC 0.93% of their portfolio LITTLE ROCK, AR 210,583210.6k $66.1m $66.1m 0.93% Reduced -33.7k -33,660
90 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 209,783209.8k $65.8m $65.8m 0.01% Reduced -449.8k -449,839
91 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 204,633204.6k $64.2m $64.2m 0.02% Reduced -30.8k -30,784
92 Styrax Capital, LP 4.91% of their portfolio New York, NY 204,527204.5k $64.2m $64.2m 4.91% New
93 KPS Global Asset Management UK Ltd 18.66% of their portfolio London, X0 200,000200.0k $62.8m $62.8m 18.66% Reduced -40.0k -40,000
94 TREMBLANT CAPITAL GROUP 7.08% of their portfolio WEST PALM BEACH, FL 198,167198.2k $62.2m $62.2m 7.08% Reduced -33.4k -33,375
95 MOORE CAPITAL MANAGEMENT, LP 1.36% of their portfolio NEW YORK, NY 197,431197.4k $62.0m $62.0m 1.36% Added +147.1k +147,144
96 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.22% of their portfolio JUPITER, FL 190,918190.9k $59.9m $59.9m 0.22% Reduced -261.5k -261,540
97 Point72 Asset Management, L.P. 0.19% of their portfolio STAMFORD, CT 186,421186.4k $58.5m $58.5m 0.19% New
98 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio BALA CYNWYD, PA 179,523179.5k $56.3m $56.3m 0.10% Reduced -355.2k -355,215
99 VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio ATLANTA, GA 177,337177.3k $55.6m $55.6m 0.05% Added +95.6k +95,630
100 Compagnie Lombard Odier SCmA 0.92% of their portfolio 1204 GENEVA, V8 173,350173.3k $54.4m $54.4m 0.92% Reduced -20.6k -20,579