Signal dossier · Q4 2025

SPOT

Spotify · Communication

HoldLens verdict · single −100..+100 scale

SELL

−8

on a signed −100 sell scale · WEAK SELL

1 tracked manager selling. MODERATE sell signal.

Unified ConvictionScore · −100..+100

Smart money + insider + track record + trend + concentration + contrarian − dissent − crowding

−8

Buy component

Dissent penalty

−13

Unanimity bonus

Quality differential

Info density

Buyers / Sellers

4 / 1

ConvictionScore v5 · 9-layer breakdown

13F superinvestor moves + Form 4 insider trades + 8-K material events. The SEC Signals trilogy.

−8

Smart money (13F)

Insider activity (Form 4)

Track record (CAGR)

-6

Trend streak

Concentration

Contrarian bonus

Event signal (8-K)

− Dissent penalty

−13

− Crowding penalty

−0

Owners: 1·Buyers: 10·Sellers: 19·Buyer-CAGR-weighted expected return: +9.3% ±2.8%·How this is computed

Share this signal

8-quarter activity

Distinct managers buying or selling SPOT each quarter — last 2 years.

1 buy moves·0 sell moves·net buying

'24 Q1

'24 Q2

'24 Q3

'24 Q4

'25 Q1

'25 Q2

'25 Q3

'25 Q4

Buyers (new + add)Sellers (trim + exit)

Ownership breadth · 8 quarters

Breadth flat

+0 owners over 8Q

Q1 '24

Q2 '24

Q3 '24

Q4 '24

Q1 '25

Q2 '25

Q3 '25

Q4 '25

The number of superinvestors holding this name has been stable for 8 quarters. See the most-owned names across all tracked managers →

Smart money activity

Every tracked 13F move on SPOT — grouped by quarter, ranked by manager quality.

Smart money activity

10 buys · 19 sells across tracked 13F filings

Net signal: STRONG SELL

Q4 2025(5 moves)

Portfolio manager	Activity	Share change	% portfolio
Stephen MandelTier 1 Lone Pine Capital	Buy (new)	+18K	0.10%
Chase ColemanElite Tiger Global Management New Spotify position.	Buy (new)	+900K	4.10%
Lee AinslieElite Maverick Capital	Buy (new)	+100K	0.80%
Polen CapitalElite Polen Capital Management	Add 547%	+61K	0.20%
Joel GreenblattElite Gotham Asset Management	Reduce 20.00%	-44K	0.10%

Q3 2025(2 moves)

Portfolio manager	Activity	Share change	% portfolio
Polen CapitalElite Polen Capital Management	Reduce 62.00%	-18K	0.00%
Tom SlaterElite Baillie Gifford (Long Term Global Growth)	Reduce 10.00%	-934K	4.50%

Q2 2025(4 moves)

Portfolio manager	Activity	Share change	% portfolio
Andreas HalvorsenElite Viking Global Investors	Sell (exit)	-193K	0.00%
Joel GreenblattElite Gotham Asset Management	Reduce 25.00%	-76K	0.10%
Polen CapitalElite Polen Capital Management	Reduce 24.00%	-9K	0.10%
Tom SlaterElite Baillie Gifford (Long Term Global Growth)	Reduce 11.00%	-1.21M	5.50%

Q1 2025(6 moves)

Portfolio manager	Activity	Share change	% portfolio
John ArmitageTier 1 Egerton Capital	Reduce 72.00%	-20K	0.80%
Stephen MandelTier 1 Lone Pine Capital	Sell (exit)	-914K	0.00%
Andreas HalvorsenElite Viking Global Investors	Reduce 88.00%	-1.36M	0.30%
Joel GreenblattElite Gotham Asset Management	Reduce 19.00%	-71K	0.20%
Polen CapitalElite Polen Capital Management	Reduce 36.00%	-22K	0.10%
Tom SlaterElite Baillie Gifford (Long Term Global Growth)	Reduce 18.00%	-2.32M	5.20%

Q4 2024(6 moves)

Portfolio manager	Activity	Share change	% portfolio
Chase ColemanElite Tiger Global Management	Add 49157%	+1.26M	2.10%
Joel GreenblattElite Gotham Asset Management	Add 31.00%	+89K	0.20%
Polen CapitalElite Polen Capital Management	Buy (new)	+61K	0.10%
Stephen MandelTier 1 Lone Pine Capital	Reduce 41.00%	-639K	3.00%
Andreas HalvorsenElite Viking Global Investors	Reduce 40.00%	-1.03M	2.20%
Tom SlaterElite Baillie Gifford (Long Term Global Growth)	Reduce 15.00%	-2.41M	4.50%

Q3 2024(3 moves)

Portfolio manager	Activity	Share change	% portfolio
Andreas HalvorsenElite Viking Global Investors	Add 443%	+2.10M	3.50%
Joel GreenblattElite Gotham Asset Management	Add 240%	+202K	0.10%
Stephen MandelTier 1 Lone Pine Capital	Reduce 8.00%	-135K	4.30%

Q2 2024(3 moves)

Portfolio manager	Activity	Share change	% portfolio
Andreas HalvorsenElite Viking Global Investors	Buy (new)	+475K	0.60%
Joel GreenblattElite Gotham Asset Management	Reduce 12.00%	-12K	0.00%
Tom SlaterElite Baillie Gifford (Long Term Global Growth)	Reduce 25.00%	-5.36M	4.00%

Insider activity

What the company's own executives and directors are doing — buys are highly bullish.

Latest news

Recent headlines for SPOT — context for the moves above.

Who’s betting biggest on SPOT

Communication sector →

Each bar is one manager’s position size in SPOT as a % of their portfolio. Longer bar = bigger conviction bet. T1 badge marks the highest-quality track records.

Chase Coleman

4.1%

“Audio network effects + profitability turn.”

AI thesis

An AI-synthesised investment thesis for SPOT, based on the 13F data above. Generated on demand — not stored or pre-computed.

AI thesis

Claude Haiku synthesis of SELL positioning from 1 institutional filers

Generate a 2-paragraph investment thesis synthesising 1 institutional holdings and the -8 conviction score.

Related smart-money signals

Derived from the same 13F filings

Same sector · Communication

Top conviction in this sector

All Communication names →

HoldLens Pro · Founders pricing

Email alerts + conviction scores + alpha attribution

€9/mo founders · cancel anytime

See pricing →

Share the SPOT signal

Post LinkedIn Reddit Facebook

The HoldLens signal dossier shows the unified −100..+100 ConvictionScore alongside live prices, multi-quarter trend detection, insider activity, and real-time news. Not investment advice. Methodology.