Baillie Gifford acquired 10.8 Million Spotify Technology S.A. shares worth $7.1 Billion. That's 5.85% of their entire equity portfolio (2nd largest holding). The investor owns 5.49% of the outstanding Spotify Technology S.A. stock. The first Spotify Technology S.A. trade was made in Q2 2018. Since then Baillie Gifford bought shares twelve more times and sold shares on fifteen occasions. The stake costed the investor $1.68 Billion, netting the investor a gain of 323% so far.
Baillie Gifford Adjusts Stake in Spotify Technology SA
Baillie Gifford is a Scottish asset management firm founded in 1908. Today, the firm manages $126 billion in 13F assets under management with a focus on inve...