Spotify Technology Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BMV:SPOT N Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
14 Aug 26	SellMex$18,206,460	Dustee Jenkins	Individual		2,088.27	Mex$8,718.46

Insider Trading Volume

Insider Buying: SPOT N insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of SPOT N?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	305	0.000148%
State or Government	152,829	0.0743%
Public Companies	16,631,969	8.09%
General Public	16,927,361	8.23%
Individual Insiders	31,724,567	15.4%
Institutions	140,147,174	68.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 56% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.25%	Sven Lorentzon	19,006,383	Mex$169.6b	0%	no data
8.09%	Tencent Holdings Limited	16,631,969	Mex$148.4b	0%	12.85%
5.83%	Daniel Ek	11,993,298	Mex$107.0b	0%	no data
5.3%	BlackRock, Inc.	10,890,937	Mex$97.2b	-4.28%	0.06%
3.86%	Baillie Gifford & Co.	7,928,451	Mex$70.7b	-3.53%	1.96%
2.25%	State Street Investment Management	4,633,537	Mex$41.3b	-2.02%	0.07%
2.17%	Morgan Stanley Investment Management Inc.	4,451,031	Mex$39.7b	-20.4%	2.17%
1.75%	T. Rowe Price Group, Inc.	3,596,492	Mex$32.1b	-21.9%	0.15%
1.51%	Wellington Management Group LLP	3,111,553	Mex$27.8b	-6.27%	0.25%
1.38%	WCM Investment Management, LLC	2,840,477	Mex$25.3b	17.6%	1.81%
1.37%	Jennison Associates LLC	2,809,432	Mex$25.1b	1.1%	0.86%
1.3%	Fisher Asset Management, LLC	2,674,677	Mex$23.9b	3.32%	0.41%
1.2%	Union Asset Management Holding AG	2,461,960	Mex$22.0b	58.3%	0.72%
1.18%	Baron Capital Group, Inc.	2,433,114	Mex$21.7b	84.4%	1.93%
1.1%	Morgan Stanley	2,257,968	Mex$20.1b	8.83%	0.09%
1.04%	Massachusetts Financial Services Company	2,133,009	Mex$19.0b	3.55%	0.25%
0.98%	Janus Henderson Group Ltd.	2,022,091	Mex$18.0b	18.2%	0.36%
0.96%	Capital Research and Management Company	1,971,288	Mex$17.6b	-8.76%	0.04%
0.86%	Sands Capital Management, LLC	1,761,206	Mex$15.7b	-1.84%	2.86%
0.86%	Deutsche Asset & Wealth Management	1,759,641	Mex$15.7b	-7.74%	0.2%
0.85%	Geode Capital Management, LLC	1,752,937	Mex$15.6b	-0.1%	0.04%
0.78%	Principal Global Investors, LLC	1,604,479	Mex$14.3b	61.9%	0.36%
0.78%	Harding Loevner LP	1,598,173	Mex$14.3b	0%	3.77%
0.71%	Northern Trust Global Investments	1,452,623	Mex$13.0b	-1.9%	0.08%
0.66%	Artisan Partners Limited Partnership	1,356,543	Mex$12.1b	3.87%	0.52%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/12 17:42
End of Day Share Price	2026/09/10 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Spotify Technology S.A. is covered by 64 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Richard Kramer	Arete Research Services LLP
Samuel Lourensz	Arete Research Services LLP
William Noel Milner	Arete Research Services LLP