SCHEDULE 13G/A: Baillie Gifford & Co Discloses 5.3% Stake in Spotify Technology S.A.

Investment adviser Baillie Gifford & Co has disclosed a 5.3% beneficial ownership stake in Spotify Technology S.A. as of March 31, 2025.

Summary

• Baillie Gifford & Co, a UK-based investment adviser, reported beneficial ownership of 10,838,982 shares of Spotify Technology S.A. common stock.
• This stake represents 5.3% of Spotify's total common stock.
• The filing indicates that Baillie Gifford & Co holds sole voting power over 7,791,369 shares and sole dispositive power over all 10,838,982 shares.
• The securities are held on behalf of investment advisory clients in the ordinary course of business and are not intended for the purpose of changing or influencing control of Spotify.
• This filing is an Amendment No. 9 to a previously filed Schedule 13G.

Sentiment

Score: 5

Explanation: The document is a routine, factual disclosure of beneficial ownership and does not contain information that would inherently indicate a positive or negative sentiment beyond the confirmation of a significant institutional holding.

Positives

• The disclosure confirms a continued significant institutional investment in Spotify Technology S.A. by a major global investment firm, Baillie Gifford & Co.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of a significant institutional ownership stake in Spotify Technology S.A., a leading global audio streaming service. It reflects the continued investment by a major asset manager in the digital entertainment and media sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake in the company, which can influence market perception and trading activity.

Key Dates

Keywords

Spotify, Baillie Gifford, SEC filing, Schedule 13G, beneficial ownership, common stock, investment adviser, institutional holding, music streaming