Top Spotify Shareholders

Spotify Know-how S.A. (SPOT) gives an audio-streaming subscription service. The corporate monetizes its service by means of month-to-month charges for its premium subscription service and thru gross sales of promoting related to its free streaming service. Spotify supplied companies globally in 184 nations and territories, and had 406 million month-to-month lively customers (MAUs) and 180 million Premium Subscribers as of Dec. 31, 2021.

High 6 Institutional Shareholders

Institutional buyers maintain nearly all of Spotify’s shares at about 55-57% of whole shares excellent. Every of those shareholders is taken into account an institutional investor although the primary two are names of people. The time period “institutional” doesn’t essentially check with a monetary establishment. It’s used on this context to designate an investor with vital holdings of a safety and who should subsequently file particular paperwork with the Securities and Alternate Fee (SEC).

Funding managers with at the very least $100 million in belongings underneath administration (AUM) should file a 13F type every quarter. A person or group that acquires greater than 5% of an organization’s shares should file inside 10 days of the transaction a 13D type, or in sure instances the less complicated 13G type. Any investor submitting considered one of these kinds is taken into account an institutional investor.

Daniel G. Ek

Daniel Ek owns 32.3 million shares of Spotify, representing 16.7% of whole shares excellent, based on the corporate’s annual report for the interval ending Dec. 31, 2021. Mr. Ek is the co-founder and chief government officer (CEO) of Spotify. He based the corporate in 2006 together with his enterprise companion, Martin Lorentzon. Spotify has since grown into a number one music-streaming service. Mr. Ek oversaw the corporate’s preliminary public providing (IPO) in 2018. Earlier than Spotify, he based a web based advertising and marketing agency known as Advertigo, which he offered to Sweden-based Tradedoubler AB in 2006. Mr. Ek has a web price of $2.2 billion.

Sven Hans Martin Lorentzon

Martin Lorentzon owns 21 million shares of Spotify, representing 10.9% of whole shares excellent, based on the corporate’s annual report for the interval ending Dec. 31, 2021. Mr. Lorentzon is the opposite co-founder of Spotify and at the moment serves as the corporate’s vice chair. He’s liable for designing and implementing methods, budgets, and objectives. From 2008 to 2016, Mr. Lorentzon served as the corporate’s chair of the board. In 1999, he based Tradedoubler, the corporate to which Mr. Ek offered Advertigo in 2006. Mr. Lorentzon additionally served on the board of administrators of Telia Firm AB, Sweden’s major telecom operator, between 2013 and 2018. He has a web price of $2.6 billion.

Baillie Gifford & Co.

Baillie Gifford owns 22 million shares of Spotify, representing 11.5% of whole shares excellent, based on Spotify’s annual report for the interval ending Dec. 31, 2021. Baillie Gifford is an funding administration agency with greater than $335.8 billion in AUM throughout a spread of asset courses. The corporate manages a various set of mutual funds. The Baillie Gifford Worldwide Progress Fund is considered one of its largest funds. Spotify is among the many fund’s high 10 holdings, comprising about 3.52% of the fund’s whole belongings.

Morgan Stanley

Morgan Stanley owns 17.3 million shares of Spotify, representing 9% of whole shares excellent, based on the Spotify’s annual report for the interval ending Dec. 31, 2021. Morgan Stanley is a multinational funding financial institution and monetary companies firm with about $1.4 trillion in AUM. The agency gives a various vary of mutual funds.

Tencent Holdings Ltd.

Tencent Holdings owns 16.6 million shares of Spotify, representing 8.7% of whole shares excellent, based on Spotify’s annual report for the interval ending Dec. 31, 2021. Tencent is a China-based multinational know-how holding firm whose subsidiaries present social networking, e-commerce, cell video games, web companies, fee techniques, leisure, and extra. The corporate additionally maintains a portfolio of fairness securities.

T. Rowe Worth Associates Inc.

T. Rowe Worth Associates owns 14.3 million shares of Spotify, representing 7.4% of whole shares excellent, based on Spotify’s annual report for the interval ending Dec. 31, 2021. T. Rowe Worth Associates is a subsidiary of T. Rowe Worth Group Inc. (TROW), which is a worldwide funding administration agency with about $1.39 trillion in AUM. The agency gives each trade traded funds (ETFs) and mutual funds. Its largest ETF, the T. Rowe Worth Blue Chip Progress ETF (TCHP), has $265.93 million in AUM. Spotify contains about 0.3% of the fund’s whole belongings.