Vault-13

SPOTIFY TECHNOLOGY S A SPOT

SHS · Common Stock · CUSIP L8681T102

911 institutional holders +70 vs Q2 2024
130,343,483130.3m shares reported held*
63.9% of all shares outstanding*
$47.9bnreported value*
131 new 359 added 277 reduced 69 sold out net bought ≈ $1.9bn (+5.5m 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 ($346.0m this quarter). Holder counts are more reliable. Shares outstanding: 203.8m as of 2024-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $367.38. Options: 40 managers hold calls ($3.2bn notional), 40 hold puts ($3.7bn).

Trends to Q3 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: 841Q3 24: 911911Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022495
Q4 2022479
Q1 2023547
Q2 2023572
Q3 2023555
Q4 2023657
Q1 2024720
Q2 2024841
Q3 2024911

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 outQ1 23: 262 bought or addedQ1 23: 214 cut or sold outQ1 23Q2 23: 263 bought or addedQ2 23: 235 cut or sold outQ3 23: 255 bought or addedQ3 23: 252 cut or sold outQ3 23Q4 23: 318 bought or addedQ4 23: 242 cut or sold outQ1 24: 346 bought or addedQ1 24: 309 cut or sold outQ1 24Q2 24: 486 bought or addedQ2 24: 284 cut or sold outQ3 24: 490 bought or addedQ3 24: 346 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022215230
Q1 2023262214
Q2 2023263235
Q3 2023255252
Q4 2023318242
Q1 2024346309
Q2 2024486284
Q3 2024490346

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bn$4bnQ4 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 1.81Q3 24 calls: $3.2bnQ3 24 puts: $3.7bnQ3 24P/C 1.16
Numbers
QuarterCallsPutsP/C
Q4 2023$1.1bn$1.4bn1.32
Q1 2024$1.4bn$2.2bn1.56
Q2 2024$1.4bn$2.5bn1.81
Q3 2024$3.2bn$3.7bn1.16

Biggest buyers

VIKING GLOBAL INVESTORS LP Added +2,102,648+2.1m
MILLENNIUM MANAGEMENT LLC Added +1,589,540+1.6m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Added +1,019,706+1.0m
SANDS CAPITAL MANAGEMENT, LLC New +998,374+998.4k
COATUE MANAGEMENT LLC New +760,249+760.2k
D. E. Shaw & Co., Inc. Added +668,462+668.5k
Qube Research & Technologies Ltd Added +664,271+664.3k
WCM INVESTMENT MANAGEMENT, LLC Added +605,755+605.8k
SAMLYN CAPITAL, LLC New +495,240+495.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +422,669+422.7k

Biggest sellers

MORGAN STANLEY Reduced -1,512,988-1.5m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -1,479,139-1.5m
MARSHALL WACE, LLP Reduced -1,134,733-1.1m
T. Rowe Price Investment Management, Inc. Reduced -784,867-784.9k
ValueAct Holdings, L.P. Sold out -676,553-676.6k
WELLINGTON MANAGEMENT GROUP LLP Reduced -656,417-656.4k
BAILLIE GIFFORD & CO Reduced -533,624-533.6k
Technology Crossover Management VIII, Ltd. Reduced -500,000-500.0k
Man Group plc Reduced -302,529-302.5k
BANK OF NOVA SCOTIA Reduced -225,450-225.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $807.7m2.2m shares
CITADEL ADVISORS LLC Added $607.9m1.6m shares
JANE STREET GROUP, LLC Added $596.7m1.6m shares
Twin Tree Management, LP Added $328.8m892.3k shares
IMC-Chicago, LLC Reduced $112.8m306.2k shares
D. E. Shaw & Co., Inc. Added $105.5m286.4k shares
SIMPLEX TRADING, LLC Added $88.6m240.4k shares
Walleye Trading LLC Added $81.4m220.9k shares
PEAK6 Investments LLC Added $65.2m176.9k shares
GROUP ONE TRADING LLC Added $49.1m133.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $613.0m1.7m shares
CITADEL ADVISORS LLC Added $445.2m1.2m shares
GOLDMAN SACHS GROUP INC Added $419.2m1.1m shares
BANK OF AMERICA CORP /DE/ New $238.0m645.9k shares
Twin Tree Management, LP Added $237.8m645.2k shares
D. E. Shaw & Co., Inc. Reduced $221.3m600.5k shares
IMC-Chicago, LLC Added $196.9m534.2k shares
Parallax Volatility Advisers, L.P. Added $178.0m482.9k shares
JANE STREET GROUP, LLC Reduced $155.5m422.0k shares
SIMPLEX TRADING, LLC Reduced $140.6m381.5k 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 Q3 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 Q3 2024.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BAILLIE GIFFORD & CO 4.29% of their portfolio EDINBURGH, X0 15,570,33515.6m $5.7bn $5.7bn 4.29% Reduced -533.6k -533,624
2 JPMORGAN CHASE & CO 0.13% of their portfolio NEW YORK, NY 8,790,1708.8m $3.2bn $3.2bn 0.13% Added +344.5k +344,488
3 MORGAN STANLEY 0.18% of their portfolio NEW YORK, NY 6,722,8876.7m $2.5bn $2.5bn 0.18% Reduced -1.5m -1,512,988
4 PRICE T ROWE ASSOCIATES INC /MD/ 0.17% of their portfolio BALTIMORE, MD 4,104,1024.1m $1.5bn $1.5bn 0.17% Reduced -1.5m -1,479,139
5 WELLINGTON MANAGEMENT GROUP LLP 0.26% of their portfolio Boston, MA 4,070,9824.1m $1.5bn $1.5bn 0.26% Reduced -656.4k -656,417
6 BlackRock, Inc. 0.03% of their portfolio New York, NY 4,010,2044.0m $1.5bn $1.5bn 0.03% First filing
7 WCM INVESTMENT MANAGEMENT, LLC 3.24% of their portfolio LAGUNA BEACH, CA 3,873,6253.9m $1.4bn $1.4bn 3.24% Added +605.8k +605,755
8 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.38% of their portfolio Boston, MA 3,492,1703.5m $1.3bn $1.3bn 0.38% Added +102.8k +102,786
9 MILLENNIUM MANAGEMENT LLC 0.89% of their portfolio NEW YORK, NY 2,801,5392.8m $1.0bn $1.0bn 0.89% Added +1.6m +1,589,540
10 VIKING GLOBAL INVESTORS LP 3.46% of their portfolio STAMFORD, CT 2,577,6292.6m $949.9m $949.9m 3.46% Added +2.1m +2,102,648
11 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.69% of their portfolio BOSTON, MA 2,210,8652.2m $814.8m $814.8m 0.69% Reduced -9.0k -8,995
12 STATE STREET CORP 0.03% of their portfolio BOSTON, MA 1,997,3232.0m $736.1m $736.1m 0.03% Added +28.9k +28,864
13 Winslow Capital Management, LLC 2.56% of their portfolio MINNEAPOLIS, MN 1,930,1481.9m $711.3m $711.3m 2.56% Added +128.0k +127,966
14 SCHRODER INVESTMENT MANAGEMENT GROUP 0.72% of their portfolio London, X0 1,905,8621.9m $702.4m $702.4m 0.72% Added +97.4k +97,405
15 Qube Research & Technologies Ltd 1.28% of their portfolio LONDON, X0 1,901,7831.9m $700.9m $700.9m 1.28% Added +664.3k +664,271
16 FMR LLC 0.04% of their portfolio BOSTON, MA 1,567,8181.6m $577.8m $577.8m 0.04% Added +297.0k +297,035
17 LONE PINE CAPITAL LLC 4.27% of their portfolio GREENWICH, CT 1,552,5291.6m $572.2m $572.2m 4.27% Reduced -134.9k -134,886
18 Artisan Partners Limited Partnership 0.84% of their portfolio Milwaukee, WI 1,517,9311.5m $559.4m $559.4m 0.84% Reduced -46.7k -46,692
19 AMF Tjanstepension AB 3.95% of their portfolio STOCKHOLM, V7 1,500,0001.5m $552.8m $552.8m 3.95% Unchanged
20 ACADIAN ASSET MANAGEMENT LLC 1.68% of their portfolio Boston, MA 1,464,6351.5m $539.7m $539.7m 1.68% Reduced -158.8k -158,769
21 Invesco Ltd. 0.10% of their portfolio ATLANTA, GA 1,363,2691.4m $502.4m $502.4m 0.10% Added +130.8k +130,753
22 D. E. Shaw & Co., Inc. 0.63% of their portfolio New York, NY 1,302,7121.3m $480.1m $480.1m 0.63% Added +668.5k +668,462
23 Technology Crossover Management XI, Ltd. 64.84% of their portfolio MENLO PARK, CA 1,297,3231.3m $478.1m $478.1m 64.84% Unchanged
24 T. Rowe Price Investment Management, Inc. 0.29% of their portfolio BALTIMORE, MD 1,282,8061.3m $472.8m $472.8m 0.29% Reduced -784.9k -784,867
25 Alecta Tjanstepension Omsesidigt 2.56% of their portfolio STOCKHOLM, V7 1,262,4001.3m $464.8m $464.8m 2.56% Reduced -175.1k -175,100
26 JANE STREET GROUP, LLC 0.75% of their portfolio NEW YORK, NY 1,254,9631.3m $462.5m $462.5m 0.75% Added +376.0k +375,994
27 Technology Crossover Management VIII, Ltd. 44.22% of their portfolio MENLO PARK, CA 1,114,6181.1m $410.8m $410.8m 44.22% Reduced -500.0k -500,000
28 CITADEL ADVISORS LLC 0.42% of their portfolio MIAMI, FL 1,104,6601.1m $407.1m $407.1m 0.42% Reduced -42.0k -42,046
29 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,020,3131.0m $376.0m $376.0m 0.03% Added +71.0k +70,980
30 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.39% of their portfolio FRANKFURT AM MAIN, 2M 1,019,9461.0m $375.9m $375.9m 0.39% Added +1.0m +1,019,706
31 SANDS CAPITAL MANAGEMENT, LLC 1.12% of their portfolio ARLINGTON, VA 998,374998.4k $367.9m $367.9m 1.12% New
32 TWO SIGMA ADVISERS, LP 0.85% of their portfolio NEW YORK, NY 980,000980.0k $361.2m $361.2m 0.85% Added +156.3k +156,300
33 BAMCO INC /NY/ 0.86% of their portfolio NEW YORK, NY 882,147882.1k $325.1m $325.1m 0.86% Reduced -3.3k -3,256
34 Balyasny Asset Management L.P. 0.81% of their portfolio Chicago, IL 857,877857.9k $316.2m $316.2m 0.81% Added +184.9k +184,910
35 Swedbank AB 0.37% of their portfolio STOCKHOLM, V7 782,503782.5k $288.4m $288.4m 0.37% Reduced -70.0k -70,023
36 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 771,506771.5k $284.3m $284.3m 0.05% Added +263.1k +263,080
37 COATUE MANAGEMENT LLC 1.04% of their portfolio New York, NY 760,249760.2k $280.2m $280.2m 1.04% New
38 Perpetual Ltd 3.03% of their portfolio SYDNEY, NEW SOUTH WALES, C3 759,681759.7k $280.0m $280.0m 3.03% Added +148.4k +148,431
39 SEI INVESTMENTS CO 0.34% of their portfolio OAKS, PA 714,197714.2k $263.2m $263.2m 0.34% Added +67.8k +67,817
40 NORTHERN TRUST CORP 0.04% of their portfolio CHICAGO, IL 700,657700.7k $258.2m $258.2m 0.04% Added +36.3k +36,293
41 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 687,077687.1k $253.2m $253.2m 0.00% Added +29.8k +29,787
42 RENAISSANCE TECHNOLOGIES LLC 0.38% of their portfolio NEW YORK, NY 680,006680.0k $250.6m $250.6m 0.38% Added +93.1k +93,122
43 JACOBS LEVY EQUITY MANAGEMENT, INC 0.94% of their portfolio FLORHAM PARK, NJ 664,356664.4k $244.8m $244.8m 0.94% Added +7.0k +6,959
44 LORD, ABBETT & CO. LLC 0.77% of their portfolio JERSEY CITY, NJ 656,941656.9k $242.1m $242.1m 0.77% Reduced -90.0k -89,967
45 TWO SIGMA INVESTMENTS, LP 0.54% of their portfolio NEW YORK, NY 644,703644.7k $237.6m $237.6m 0.54% Reduced -131.9k -131,853
46 FRANKLIN RESOURCES INC 0.07% of their portfolio San Mateo, CA 641,720641.7k $239.0m $239.0m 0.07% Added +16.5k +16,511
47 STEADFAST CAPITAL MANAGEMENT LP 5.29% of their portfolio NEW YORK, NY 617,400617.4k $227.5m $227.5m 5.29% Added +75.6k +75,600
48 Legal & General Group Plc 0.06% of their portfolio London, X0 607,112607.1k $223.7m $223.7m 0.06% Added +7.0k +6,977
49 Polar Capital Holdings Plc 1.26% of their portfolio London, X0 605,581605.6k $223.2m $223.2m 1.26% Added +48.9k +48,889
50 D1 Capital Partners L.P. 4.30% of their portfolio New York, NY 604,254604.3k $222.7m $222.7m 4.30% Reduced -75.8k -75,807
51 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.38% of their portfolio BALA CYNWYD, PA 602,192602.2k $221.9m $221.9m 0.38% Added +422.7k +422,669
52 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 589,384589.4k $217.2m $217.2m 0.07% Added +39.5k +39,525
53 Liontrust Investment Partners LLP 2.50% of their portfolio LONDON, X0 560,233560.2k $175.8m $175.8m 2.50% Unchanged
54 Hyperion Asset Management Ltd 7.66% of their portfolio Royal Exchange, C3 542,179542.2k $199.8m $199.8m 7.66% Added +41.8k +41,811
55 SAMLYN CAPITAL, LLC 2.95% of their portfolio New York, NY 495,240495.2k $182.5m $182.5m 2.95% New
56 FEDERATED HERMES, INC. 0.38% of their portfolio PITTSBURGH, PA 470,018470.0k $173.2m $173.2m 0.38% Reduced -116.9k -116,940
57 Sumitomo Mitsui Trust Group, Inc. 0.11% of their portfolio CHIYODA-KU, TOKYO, M0 444,351444.4k $163.8m $163.8m 0.11% Reduced -47.9k -47,915
58 FRED ALGER MANAGEMENT, LLC 0.79% of their portfolio NEW YORK, NY 442,557442.6k $163.1m $163.1m 0.79% Added +91.7k +91,680
59 Russell Investments Group, Ltd. 0.23% of their portfolio Seattle, WA 433,834433.8k $159.9m $159.9m 0.23% Added +2.2k +2,217
60 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 409,561409.6k $150.9m $150.9m 0.03% Added +74.3k +74,313
61 CAPITAL FUND MANAGEMENT S.A. 1.67% of their portfolio PARIS, I0 408,435408.4k $150.5m $150.5m 1.67% Reduced -17.2k -17,198
62 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 408,410408.4k $150.5m $150.5m 0.06% Reduced -24.0k -23,997
63 1832 Asset Management L.P. 0.25% of their portfolio TORONTO, A6 407,161407.2k $150.1m $150.1m 0.25% Added +81.6k +81,647
64 NORGES BANK 0.02% of their portfolio OSLO, Q8 405,106405.1k $149.3m $149.3m 0.02% Reduced -180.4k -180,364
65 Castle Hook Partners LP 4.42% of their portfolio NEW YORK, NY 401,286401.3k $147.9m $147.9m 4.42% Added +182.6k +182,601
66 SRS Investment Management, LLC 2.19% of their portfolio New York, NY 398,180398.2k $146.7m $146.7m 2.19% Unchanged
67 Amova Asset Management Americas, Inc. 1.63% of their portfolio New York, NY 390,690390.7k $144.0m $144.0m 1.63% Reduced -44.7k -44,699
68 Assenagon Asset Management S.A. 0.29% of their portfolio SENNINGERBERG, N4 380,214380.2k $140.1m $140.1m 0.29% Added +243.9k +243,933
69 Squarepoint Ops LLC 0.45% of their portfolio NEW YORK, NY 375,935375.9k $138.5m $138.5m 0.45% Added +13.2k +13,221
70 Allspring Global Investments Holdings, LLC 0.21% of their portfolio CHARLOTTE, NC 375,380375.4k $138.3m $138.3m 0.21% Added +79.3k +79,287
71 MARSHALL WACE, LLP 0.18% of their portfolio LONDON, X0 369,821369.8k $136.3m $136.3m 0.18% Reduced -1.1m -1,134,733
72 Contour Asset Management LLC 4.43% of their portfolio NEW YORK, NY 364,300364.3k $134.3m $134.3m 4.43% Added +17.6k +17,600
73 Point72 Asset Management, L.P. 0.46% of their portfolio STAMFORD, CT 360,760360.8k $133.0m $133.0m 0.46% Added +174.3k +174,339
74 AGF MANAGEMENT LTD 0.66% of their portfolio TORONTO, A6 355,117355.1k $130.9m $130.9m 0.66% Added +6.1k +6,086
75 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 353,725353.7k $130.4m $130.4m 0.03% Added +12.2k +12,191
76 NEW YORK STATE COMMON RETIREMENT FUND 0.18% of their portfolio ALBANY, NY 352,325352.3k $129.8m $129.8m 0.18% Reduced -41.0k -41,004
77 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 347,524347.5k $943 $943 0.00% Added +346.6k +346,585
78 Nuveen Asset Management, LLC 0.03% of their portfolio CHICAGO, IL 326,141326.1k $120.2m $120.2m 0.03% Added +3.4k +3,440
79 NEUBERGER BERMAN GROUP LLC 0.09% of their portfolio NEW YORK, NY 317,178317.2k $116.9m $116.9m 0.09% Reduced -64.3k -64,279
80 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 312,726312.7k $115.5m $115.5m 0.05% Added +173.0k +172,985
81 Holocene Advisors, LP 0.46% of their portfolio New York, NY 306,318306.3k $112.9m $112.9m 0.46% Added +90.0k +90,016
82 SCOPUS ASSET MANAGEMENT, L.P. 3.16% of their portfolio NEW YORK, NY 290,000290.0k $106.9m $106.9m 3.16% Added +10.0k +10,000
83 AQR CAPITAL MANAGEMENT LLC 0.15% of their portfolio Greenwich, CT 285,633285.6k $105.3m $105.3m 0.15% Added +201.6k +201,597
84 CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio TORONTO ONTARIO, A6 282,372282.4k $104.1m $104.1m 0.10% Added +133.2k +133,198
85 FIL Ltd 0.09% of their portfolio HAMILTON, D0 272,688272.7k $100.5m $100.5m 0.09% Added +183.5k +183,451
86 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 267,908267.9k $98.7m $98.7m 0.02% Added +126.2k +126,205
87 California Public Employees Retirement System 0.07% of their portfolio Sacramento, CA 264,595264.6k $97.5m $97.5m 0.07% Added +9.4k +9,407
88 JANUS HENDERSON GROUP PLC 0.05% of their portfolio LONDON, X0 264,233264.2k $97.3m $97.3m 0.05% Added +257.7k +257,706
89 SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 4.27% of their portfolio Boston, MA 257,000257.0k $94.7m $94.7m 4.27% Added +34.9k +34,936
90 Schonfeld Strategic Advisors LLC 0.76% of their portfolio NEW YORK, NY 255,556255.6k $94.2m $94.2m 0.76% Reduced -37.0k -37,026
91 Amundi 0.03% of their portfolio Paris, I0 254,943254.9k $94.4m $94.4m 0.03% Added +94.9k +94,863
92 TD Asset Management Inc 0.08% of their portfolio Toronto, A6 243,242243.2k $89.8m $89.8m 0.08% Reduced -102.6k -102,585
93 HRT FINANCIAL LP 0.46% of their portfolio NEW YORK, NY 234,770234.8k $86.5m $86.5m 0.46% Reduced -217.8k -217,750
94 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 230,277230.3k $84.9m $84.9m 0.02% Added +12.8k +12,770
95 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 224,209224.2k $82.6m $82.6m 0.01% Added +14.4k +14,426
96 VOYA INVESTMENT MANAGEMENT LLC 0.08% of their portfolio ATLANTA, GA 222,887222.9k $82.0m $82.0m 0.08% Added +45.5k +45,550
97 Man Group plc 0.23% of their portfolio LONDON, X0 216,020216.0k $79.6m $79.6m 0.23% Reduced -302.5k -302,529
98 Robeco Institutional Asset Management B.V. 0.15% of their portfolio ROTTERDAM, P7 210,801210.8k $77.7m $77.7m 0.15% Added +60.4k +60,396
99 Styrax Capital, LP 8.70% of their portfolio New York, NY 210,543210.5k $77.6m $77.6m 8.70% Added +6.0k +6,016
100 Employees Provident Fund Board 1.05% of their portfolio SHAH ALAM, N8 207,525207.5k $76.5m $76.5m 1.05% Added +175.0k +175,025