# Spotify Technology (SPOT): value investors who own it

6 value investors held Spotify Technology in their Q3 2026 13F, led by Greenlea Lane Capital, ValueAct, Cantillon Capital Management, Polen Capital…

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Greenlea Lane Capital | 5.0% | $18.1m | New | 1 |
| ValueAct | 4.3% | $242m | Added +47% | 2 |
| Cantillon Capital Management | 1.4% | $9.3m | Trimmed -95% | 2 |
| Polen Capital Management | 0.3% | $37.5m | Trimmed -24% | 7 |
| Markel Group | 0.1% | $11.9m | Unchanged | 20 |
| RV Capital | 0.1% | $230k | Unchanged | 2 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-10-12 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 6282 | $3.3m |
| 2026-10-12 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 4081 | $2.2m |
| 2026-10-12 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 2610 | $1.4m |
| 2026-10-12 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 1850 | $984k |
| 2026-10-12 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 1818 | $964k |
| 2026-10-12 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 1666 | $885k |
| 2026-10-12 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 1517 | $810k |
| 2026-10-12 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 1086 | $572k |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 4400 | $2.4m |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 3829 | $2.1m |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 3069 | $1.7m |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 2230 | $1.2m |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 2194 | $1.2m |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 1958 | $1.1m |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 1259 | $681k |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 755 | $414k |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 693 | $380k |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 333 | $183k |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 154 | $83k |
| 2026-09-14 | Soderstrom Gustav | Co-Chief Executive Officer | Sold | 39 | $21k |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Polen International Growth Fund | Polen Capital Management | 6.1% | $1.5m | 2026-07-31 |
| Polen Global Growth Fund | Polen Capital Management | 2.5% | $2.8m | 2026-07-31 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/spot). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.