Vault-13

SPOTIFY TECHNOLOGY S A SPOT

SHS · Common Stock · CUSIP L8681T102

1,064 institutional holders +153 vs Q3 2024
133,183,999133.2m shares reported held*
65.3% of all shares outstanding*
$59.6bnreported value*
182 new 367 added 307 reduced 90 sold out net bought ≈ $945.2m (+1.7m 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 ($300.4m 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 ≈ $447.12. Options: 44 managers hold calls ($3.1bn notional), 42 hold puts ($3.9bn).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 495Q4 22: 479Q1 23: 547Q2 23: 572Q3 23: 555Q4 23: 657Q1 24: 720Q2 24: 841Q3 24: 911Q4 24: 1,0641,064Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022495
Q4 2022479
Q1 2023547
Q2 2023572
Q3 2023555
Q4 2023657
Q1 2024720
Q2 2024841
Q3 2024911
Q4 20241,064

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ1 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 24Q3 24: 490 bought or addedQ3 24: 346 cut or sold outQ4 24: 549 bought or addedQ4 24: 397 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023262214
Q2 2023263235
Q3 2023255252
Q4 2023318242
Q1 2024346309
Q2 2024486284
Q3 2024490346
Q4 2024549397

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bn$4bnQ1 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 1.16Q4 24 calls: $3.1bnQ4 24 puts: $3.9bnQ4 24P/C 1.24
Numbers
QuarterCallsPutsP/C
Q1 2024$1.4bn$2.2bn1.56
Q2 2024$1.4bn$2.5bn1.81
Q3 2024$3.2bn$3.7bn1.16
Q4 2024$3.1bn$3.9bn1.24

Biggest buyers

BlackRock, Inc. Added +6,024,930+6.0m
JENNISON ASSOCIATES LLC New +2,985,326+3.0m
STATE STREET CORP Added +2,232,703+2.2m
GQG Partners LLC New +1,789,809+1.8m
FORSTA AP-FONDEN New +1,384,952+1.4m
GEODE CAPITAL MANAGEMENT, LLC Added +1,259,183+1.3m
TIGER GLOBAL MANAGEMENT LLC Added +1,258,900+1.3m
JANUS HENDERSON GROUP PLC Added +861,232+861.2k
SANDS CAPITAL MANAGEMENT, LLC Added +860,956+861.0k
NORTHERN TRUST CORP Added +726,245+726.2k

Biggest sellers

JPMORGAN CHASE & CO Reduced -2,884,211-2.9m
MILLENNIUM MANAGEMENT LLC Reduced -2,734,149-2.7m
BAILLIE GIFFORD & CO Reduced -2,412,641-2.4m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,533,473-1.5m
Qube Research & Technologies Ltd Reduced -1,440,510-1.4m
JANE STREET GROUP, LLC Reduced -1,241,242-1.2m
Technology Crossover Management VIII, Ltd. Sold out -1,114,618-1.1m
CITADEL ADVISORS LLC Sold out -1,104,660-1.1m
VIKING GLOBAL INVESTORS LP Reduced -1,029,044-1.0m
D. E. Shaw & Co., Inc. Reduced -1,007,635-1.0m

Biggest calls

JANE STREET GROUP, LLC Added $1.0bn2.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $606.3m1.4m shares
CITADEL ADVISORS LLC Reduced $477.9m1.1m shares
IMC-Chicago, LLC Added $170.4m380.8k shares
D. E. Shaw & Co., Inc. Added $149.4m333.9k shares
Squarepoint Ops LLC Added $116.6m260.7k shares
WOLVERINE TRADING, LLC New $79.7m176.4k shares
Walleye Trading LLC Reduced $69.3m154.9k shares
SIMPLEX TRADING, LLC Reduced $58.6m131.0k shares
PEAK6 LLC First filing $50.8m113.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $717.6m1.6m shares
GOLDMAN SACHS GROUP INC Reduced $449.6m1.0m shares
JANE STREET GROUP, LLC Added $422.9m945.2k shares
CITADEL ADVISORS LLC Reduced $322.7m721.3k shares
Parallax Volatility Advisers, L.P. Added $285.2m637.6k shares
D. E. Shaw & Co., Inc. Reduced $266.2m595.1k shares
IMC-Chicago, LLC Added $252.8m565.1k shares
Squarepoint Ops LLC Added $197.7m441.9k shares
Walleye Capital LLC Reduced $159.5m356.5k shares
SIMPLEX TRADING, LLC Reduced $105.4m235.5k 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 Q4 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 Q4 2024.

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BAILLIE GIFFORD & CO 4.52% of their portfolio EDINBURGH, X0 13,157,69413.2m $5.9bn $5.9bn 4.52% Reduced -2.4m -2,412,641
2 BlackRock, Inc. 0.09% of their portfolio New York, NY 10,035,13410.0m $4.5bn $4.5bn 0.09% Added +6.0m +6,024,930
3 MORGAN STANLEY 0.22% of their portfolio NEW YORK, NY 6,921,9146.9m $3.1bn $3.1bn 0.22% Added +199.0k +199,027
4 JPMORGAN CHASE & CO 0.21% of their portfolio NEW YORK, NY 5,905,9595.9m $2.6bn $2.6bn 0.21% Reduced -2.9m -2,884,211
5 STATE STREET CORP 0.07% of their portfolio BOSTON, MA 4,230,0264.2m $1.9bn $1.9bn 0.07% Added +2.2m +2,232,703
6 WCM INVESTMENT MANAGEMENT, LLC 4.03% of their portfolio LAGUNA BEACH, CA 3,789,2833.8m $1.7bn $1.7bn 4.03% Reduced -84.3k -84,342
7 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.48% of their portfolio Boston, MA 3,414,4353.4m $1.5bn $1.5bn 0.48% Reduced -77.7k -77,735
8 PRICE T ROWE ASSOCIATES INC /MD/ 0.16% of their portfolio BALTIMORE, MD 3,173,9053.2m $1.4bn $1.4bn 0.16% Reduced -930.2k -930,197
9 JENNISON ASSOCIATES LLC 0.81% of their portfolio NEW YORK, NY 2,985,3263.0m $1.3bn $1.3bn 0.81% New
10 WELLINGTON MANAGEMENT GROUP LLP 0.21% of their portfolio Boston, MA 2,537,5092.5m $1.1bn $1.1bn 0.21% Reduced -1.5m -1,533,473
11 FMR LLC 0.05% of their portfolio BOSTON, MA 2,041,3872.0m $913.3m $913.3m 0.05% Added +473.6k +473,569
12 SCHRODER INVESTMENT MANAGEMENT GROUP 0.82% of their portfolio London, X0 1,912,9371.9m $855.8m $855.8m 0.82% Added +7.1k +7,075
13 SANDS CAPITAL MANAGEMENT, LLC 2.46% of their portfolio ARLINGTON, VA 1,859,3301.9m $831.8m $831.8m 2.46% Added +861.0k +860,956
14 GQG Partners LLC 1.19% of their portfolio FT. LAUDERDALE, FL 1,789,8091.8m $800.7m $800.7m 1.19% New
15 VIKING GLOBAL INVESTORS LP 2.24% of their portfolio STAMFORD, CT 1,548,5851.5m $692.8m $692.8m 2.24% Reduced -1.0m -1,029,044
16 Winslow Capital Management, LLC 2.37% of their portfolio MINNEAPOLIS, MN 1,489,3791.5m $666.3m $666.3m 2.37% Reduced -440.8k -440,769
17 GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio BOSTON, MA 1,483,3921.5m $659.8m $659.8m 0.05% Added +1.3m +1,259,183
18 ACADIAN ASSET MANAGEMENT LLC 1.89% of their portfolio Boston, MA 1,453,7351.5m $650.3m $650.3m 1.89% Reduced -10.9k -10,900
19 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.51% of their portfolio BOSTON, MA 1,437,7791.4m $643.2m $643.2m 0.51% Reduced -773.1k -773,086
20 NORTHERN TRUST CORP 0.09% of their portfolio CHICAGO, IL 1,426,9021.4m $638.4m $638.4m 0.09% Added +726.2k +726,245
21 FORSTA AP-FONDEN 4.40% of their portfolio STOCKHOLM, V7 1,384,9521.4m $619.6m $619.6m 4.40% New
22 Artisan Partners Limited Partnership 0.90% of their portfolio Milwaukee, WI 1,302,1961.3m $582.6m $582.6m 0.90% Reduced -215.7k -215,735
23 Technology Crossover Management XI, Ltd. 67.07% of their portfolio MENLO PARK, CA 1,297,3231.3m $580.4m $580.4m 67.07% Unchanged
24 COATUE MANAGEMENT LLC 1.91% of their portfolio New York, NY 1,268,3241.3m $567.4m $567.4m 1.91% Added +508.1k +508,075
25 TIGER GLOBAL MANAGEMENT LLC 2.13% of their portfolio New York, NY 1,261,4611.3m $564.4m $564.4m 2.13% Added +1.3m +1,258,900
26 Invesco Ltd. 0.10% of their portfolio ATLANTA, GA 1,195,6881.2m $534.9m $534.9m 0.10% Reduced -167.6k -167,581
27 T. Rowe Price Investment Management, Inc. 0.32% of their portfolio BALTIMORE, MD 1,163,1931.2m $520.4m $520.4m 0.32% Reduced -119.6k -119,613
28 GOLDMAN SACHS GROUP INC 0.10% of their portfolio NEW YORK, NY 1,134,6501.1m $507.6m $507.6m 0.10% Added +363.1k +363,144
29 JANUS HENDERSON GROUP PLC 0.26% of their portfolio LONDON, X0 1,125,4651.1m $503.3m $503.3m 0.26% Added +861.2k +861,232
30 AMF Tjanstepension AB 3.50% of their portfolio STOCKHOLM, V7 1,100,0001.1m $492.1m $492.1m 3.50% Reduced -400.0k -400,000
31 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 1,049,2551.0m $469.4m $469.4m 0.04% Added +28.9k +28,942
32 Legal & General Group Plc 0.12% of their portfolio London, X0 1,039,3711.0m $465.0m $465.0m 0.12% Added +432.3k +432,259
33 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.49% of their portfolio FRANKFURT AM MAIN, 2M 1,018,6441.0m $455.7m $455.7m 0.49% Reduced -1.3k -1,302
34 RENAISSANCE TECHNOLOGIES LLC 0.67% of their portfolio NEW YORK, NY 1,016,5871.0m $454.8m $454.8m 0.67% Added +336.6k +336,581
35 DEUTSCHE BANK AG\ 0.17% of their portfolio FRANKFURT AM MAIN, 2M 952,415952.4k $426.1m $426.1m 0.17% Added +544.0k +544,005
36 Swedbank AB 0.52% of their portfolio STOCKHOLM, V7 946,129946.1k $423.3m $423.3m 0.52% Added +163.6k +163,626
37 Alecta Tjanstepension Omsesidigt 2.18% of their portfolio STOCKHOLM, V7 923,400923.4k $412.8m $412.8m 2.18% Reduced -339.0k -339,000
38 LONE PINE CAPITAL LLC 3.04% of their portfolio GREENWICH, CT 913,564913.6k $408.7m $408.7m 3.04% Reduced -639.0k -638,965
39 BAMCO INC /NY/ 1.04% of their portfolio NEW YORK, NY 897,166897.2k $401.4m $401.4m 1.04% Added +15.0k +15,019
40 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 885,795885.8k $396.3m $396.3m 0.01% Added +198.7k +198,718
41 NORGES BANK 0.05% of their portfolio OSLO, Q8 885,216885.2k $396.0m $396.0m 0.05% Added +480.1k +480,110
42 FRANKLIN RESOURCES INC 0.11% of their portfolio San Mateo, CA 865,725865.7k $387.3m $387.3m 0.11% Added +224.0k +224,005
43 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio NEW YORK, NY 842,745842.7k $377.0m $377.0m 0.09% Added +638.0k +638,047
44 Amundi 0.13% of their portfolio Paris, I0 750,030750.0k $359.8m $359.8m 0.13% Added +495.1k +495,087
45 SEI INVESTMENTS CO 0.39% of their portfolio OAKS, PA 683,799683.8k $305.9m $305.9m 0.39% Reduced -30.4k -30,398
46 JACOBS LEVY EQUITY MANAGEMENT, INC 1.05% of their portfolio FLORHAM PARK, NJ 660,577660.6k $295.5m $295.5m 1.05% Reduced -3.8k -3,779
47 Sumitomo Mitsui Trust Group, Inc. 0.20% of their portfolio CHIYODA-KU, TOKYO, M0 647,460647.5k $289.7m $289.7m 0.20% Added +203.1k +203,109
48 Nuveen Asset Management, LLC 0.08% of their portfolio CHICAGO, IL 645,705645.7k $288.9m $288.9m 0.08% Added +319.6k +319,564
49 ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio Berwyn, PA 636,266636.3k $284.7m $284.7m 0.09% Added +46.9k +46,882
50 Bank of New York Mellon Corp 0.05% of their portfolio NEW YORK, NY 616,211616.2k $275.7m $275.7m 0.05% Added +206.7k +206,650
51 LORD, ABBETT & CO. LLC 0.82% of their portfolio JERSEY CITY, NJ 579,309579.3k $259.2m $259.2m 0.82% Reduced -77.6k -77,632
52 UBS Group AG 0.06% of their portfolio ZURICH, V8 577,167577.2k $258.2m $258.2m 0.06% Added +436.3k +436,312
53 FEDERATED HERMES, INC. 0.54% of their portfolio PITTSBURGH, PA 547,669547.7k $245.0m $245.0m 0.54% Added +77.7k +77,651
54 Perpetual Ltd 2.68% of their portfolio SYDNEY, NEW SOUTH WALES, C3 510,020510.0k $228.2m $228.2m 2.68% Reduced -249.7k -249,661
55 Squarepoint Ops LLC 0.58% of their portfolio NEW YORK, NY 503,049503.0k $225.1m $225.1m 0.58% Added +127.1k +127,114
56 Hyperion Asset Management Ltd 7.00% of their portfolio Royal Exchange, C3 472,370472.4k $211.3m $211.3m 7.00% Reduced -69.8k -69,809
57 Qube Research & Technologies Ltd 0.34% of their portfolio LONDON, X0 461,273461.3k $206.4m $206.4m 0.34% Reduced -1.4m -1,440,510
58 FRED ALGER MANAGEMENT, LLC 0.91% of their portfolio NEW YORK, NY 424,525424.5k $189.9m $189.9m 0.91% Reduced -18.0k -18,032
59 Swiss National Bank 0.13% of their portfolio ZURICH, V8 422,900422.9k $189.2m $189.2m 0.13% New
60 Russell Investments Group, Ltd. 0.25% of their portfolio Seattle, WA 410,246410.2k $183.8m $183.8m 0.25% Reduced -23.6k -23,588
61 Polar Capital Holdings Plc 1.01% of their portfolio London, X0 403,758403.8k $180.6m $180.6m 1.01% Reduced -201.8k -201,823
62 SRS Investment Management, LLC 2.53% of their portfolio New York, NY 398,180398.2k $178.1m $178.1m 2.53% Unchanged
63 AQR CAPITAL MANAGEMENT LLC 0.22% of their portfolio Greenwich, CT 374,696374.7k $167.6m $167.6m 0.22% Added +89.1k +89,063
64 NEUBERGER BERMAN GROUP LLC 0.13% of their portfolio NEW YORK, NY 374,512374.5k $167.5m $167.5m 0.13% Added +57.3k +57,334
65 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 370,170370.2k $165.6m $165.6m 0.04% Added +16.4k +16,445
66 AGF MANAGEMENT LTD 0.79% of their portfolio TORONTO, A6 356,250356.2k $159.4m $159.4m 0.79% Added +1.1k +1,133
67 TWO SIGMA ADVISERS, LP 0.37% of their portfolio NEW YORK, NY 355,100355.1k $158.9m $158.9m 0.37% Reduced -624.9k -624,900
68 Capital International Investors 0.03% of their portfolio Los Angeles, CA 352,491352.5k $158.0m $158.0m 0.03% Added +336.2k +336,200
69 TWO SIGMA INVESTMENTS, LP 0.36% of their portfolio NEW YORK, NY 352,030352.0k $157.5m $157.5m 0.36% Reduced -292.7k -292,673
70 Point72 Asset Management, L.P. 0.43% of their portfolio STAMFORD, CT 349,355349.4k $156.3m $156.3m 0.43% Reduced -11.4k -11,405
71 Contour Asset Management LLC 4.52% of their portfolio NEW YORK, NY 349,043349.0k $156.2m $156.2m 4.52% Reduced -15.3k -15,257
72 Liontrust Investment Partners LLP 2.25% of their portfolio LONDON, X0 346,473346.5k $155.0m $155.0m 2.25% Reduced -213.8k -213,760
73 D1 Capital Partners L.P. 2.43% of their portfolio New York, NY 326,254326.3k $146.0m $146.0m 2.43% Reduced -278.0k -278,000
74 Amova Asset Management Americas, Inc. 1.58% of their portfolio New York, NY 325,436325.4k $145.6m $145.6m 1.58% Reduced -65.3k -65,254
75 Clearbridge Investments, LLC 0.12% of their portfolio NEW YORK, NY 319,131319.1k $142.8m $142.8m 0.12% New
76 1832 Asset Management L.P. 0.24% of their portfolio TORONTO, A6 306,380306.4k $137.1m $137.1m 0.24% Reduced -100.8k -100,781
77 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 304,660304.7k $136.3m $136.3m 0.03% Added +74.4k +74,383
78 Allspring Global Investments Holdings, LLC 0.22% of their portfolio CHARLOTTE, NC 303,233303.2k $138.6m $138.6m 0.22% Reduced -72.1k -72,147
79 D. E. Shaw & Co., Inc. 0.15% of their portfolio New York, NY 295,077295.1k $132.0m $132.0m 0.15% Reduced -1.0m -1,007,635
80 NEW YORK STATE COMMON RETIREMENT FUND 0.17% of their portfolio ALBANY, NY 288,547288.5k $129.1m $129.1m 0.17% Reduced -63.8k -63,778
81 Robeco Institutional Asset Management B.V. 0.24% of their portfolio ROTTERDAM, P7 281,528281.5k $126.0m $126.0m 0.24% Added +70.7k +70,727
82 VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio ATLANTA, GA 277,341277.3k $124.0m $124.0m 0.13% Added +54.5k +54,454
83 Castle Hook Partners LP 2.62% of their portfolio NEW YORK, NY 274,914274.9k $123.0m $123.0m 2.62% Reduced -126.4k -126,372
84 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.29% of their portfolio CHICAGO, IL 261,255261.3k $116.9m $116.9m 0.29% New
85 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 258,302258.3k $115.6m $115.6m 0.06% Reduced -54.4k -54,424
86 CAPITAL FUND MANAGEMENT S.A. 1.13% of their portfolio PARIS, I0 254,419254.4k $113.8m $113.8m 1.13% Reduced -154.0k -154,016
87 TD Asset Management Inc 0.10% of their portfolio Toronto, A6 252,714252.7k $113.1m $113.1m 0.10% Added +9.5k +9,472
88 California Public Employees Retirement System 0.07% of their portfolio Sacramento, CA 249,982250.0k $111.8m $111.8m 0.07% Reduced -14.6k -14,613
89 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 247,039247.0k $110.5m $110.5m 0.02% Reduced -20.9k -20,869
90 SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 3.63% of their portfolio Boston, MA 242,000242.0k $108.3m $108.3m 3.63% Reduced -15.0k -15,000
91 AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio KANSAS CITY, MO 236,360236.4k $105.7m $105.7m 0.06% Added +33.5k +33,470
92 CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio TORONTO ONTARIO, A6 232,772232.8k $104.1m $104.1m 0.10% Reduced -49.6k -49,600
93 AXIOM INVESTORS LLC /DE 0.75% of their portfolio GREENWICH, CT 227,178227.2k $101.6m $101.6m 0.75% Added +213.4k +213,430
94 STEADFAST CAPITAL MANAGEMENT LP 2.13% of their portfolio NEW YORK, NY 224,400224.4k $100.4m $100.4m 2.13% Reduced -393.0k -393,000
95 PRIMECAP MANAGEMENT CO/CA/ 0.08% of their portfolio PASADENA, CA 219,800219.8k $98.3m $98.3m 0.08% New
96 MOORE CAPITAL MANAGEMENT, LP 1.83% of their portfolio NEW YORK, NY 218,471218.5k $97.7m $97.7m 1.83% Added +78.7k +78,731
97 Styrax Capital, LP 8.11% of their portfolio New York, NY 213,831213.8k $95.7m $95.7m 8.11% Added +3.3k +3,288
98 Pictet Asset Management Holding SA 0.10% of their portfolio CAROUGE, V8 213,773213.8k $95.6m $95.6m 0.10% Added +130.8k +130,833
99 Mitsubishi UFJ Trust & Banking Corp 0.22% of their portfolio TOKYO, M0 211,450211.4k $94.6m $94.6m 0.22% Added +59.9k +59,871
100 AVIVA PLC 0.24% of their portfolio LONDON, X0 208,897208.9k $93.5m $93.5m 0.24% Added +203.2k +203,227