Institutional HoldersBeta

Who holds a company, from every 13F filed for the quarter, one row per filer exactly as filed, against the latest share count the company reported.

Spotify Technology S.A.

CIK 0001639920SPOT· quarter ending 2026-06-30

Shares outstanding

205,832,527

as of 2025-12-31 · 20-F cover page, filed 2026-02-10

Held by 13F filers

135,761,236

66.0% of shares outstanding

Holders

1,253

-30 vs 2026-03-31 · 164 new, 194 exited

Value

$62.3B

shares +1.4% vs prior quarter

Share classes (cover page of the 20-F filed 2026-02-10, as of 2025-12-31)

Class	Listed	Shares outstanding	Held by 13F filers	% of class	Holders	CUSIP
Common stock	SPOT · NYSE	205,832,527	135,761,236	66.0%	1,253	L8681T102

Each class is compared with its own share count; classes are not added together. A class that is not exchange-listed cannot be held by 13F filers.

Securities (CUSIPs held in 13F this quarter)

tick to combine

Count	CUSIP	Class (as filers write it)	Holders	Shares held	Class shares	% of class	Value	Options	Mapped via
	L8681T102	Stock	1,253	135,761,236	205,832,527	66.0%	$62.3B	45 call / 41 put	13DG	holders →

Totals combine the ticked CUSIPs and update as you tick: common-stock classes by default; preferreds, notes, warrants and depositary shares are listed but not counted. "holders →" shows a single CUSIP on its own. Bonds are held as a principal amount, not shares. Options positions are never counted as holdings. 1 further CUSIPs map to this company (mostly bonds) but no 13F filer held them this quarter.

Top holders (250 of 1,253 · L8681T102)

change vs 2026-03-31

#	Filer	Shares	% of class	Value	Change
1	BlackRock, Inc.	10,890,937	5.29%	$5.0B	-486,916 (-4.3%)
2	BAILLIE GIFFORD & CO	7,928,451	3.85%	$3.6B	-289,752 (-3.5%)
3	MORGAN STANLEY	7,418,358	3.60%	$3.4B	-961,908 (-11.5%)
4	STATE STREET CORP	4,633,537	2.25%	$2.1B	-95,516 (-2.0%)
5	PRICE T ROWE ASSOCIATES INC /MD/	3,596,492	1.75%	$1.7B	-1,007,347 (-21.9%)
6	WELLINGTON MANAGEMENT GROUP LLP	3,111,553	1.51%	$1.4B	-208,285 (-6.3%)
7	WCM INVESTMENT MANAGEMENT, LLC	2,840,477	1.38%	$1.3B	+425,400 (+17.6%)
8	JENNISON ASSOCIATES LLC	2,809,432	1.36%	$1.3B	+30,583 (+1.1%)
9	Fisher Asset Management, LLC	2,674,677	1.30%	$1.2B	+86,012 (+3.3%)
10	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	2,463,556	1.20%	$1.1B	+898,568 (+57.4%)
11	BAMCO INC /NY/	2,433,114	1.18%	$1.1B	+1,113,589 (+84.4%)
12	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	2,133,009	1.04%	$990.4M	+73,031 (+3.5%)
13	Jupiter Topco LLC	2,022,091	0.98%	$928.7M	NEW
14	DEUTSCHE BANK AG\	1,869,749	0.91%	$858.5M	-176,390 (-8.6%)
15	GOLDMAN SACHS GROUP INC	1,836,221	0.89%	$843.1M	-164,130 (-8.2%)
16	SANDS CAPITAL MANAGEMENT, LLC	1,761,206	0.86%	$808.6M	-33,020 (-1.8%)
17	GEODE CAPITAL MANAGEMENT, LLC	1,752,937	0.85%	$798.6M	-1,730 (-0.1%)
18	PRINCIPAL FINANCIAL GROUP INC	1,603,274	0.78%	$736.1M	+613,607 (+62.0%)
19	Harding Loevner LP	1,598,173	0.78%	$741.5M	NEW
20	NORTHERN TRUST CORP	1,452,623	0.71%	$666.9M	-28,085 (-1.9%)
21	JPMORGAN CHASE & CO	1,422,154	0.69%	$657.4M	-76,630 (-5.1%)
22	Artisan Partners Limited Partnership	1,356,543	0.66%	$622.8M	+50,496 (+3.9%)
23	BANK OF AMERICA CORP /DE/	1,333,166	0.65%	$612.1M	-426,531 (-24.2%)
24	NORGES BANK	1,330,719	0.65%	$611.0M	NEW
25	Swedbank AB	1,326,020	0.64%	$608.8M	-67,307 (-4.8%)
26	COATUE MANAGEMENT LLC	1,310,632	0.64%	$601.8M	-10,282 (-0.8%)
27	TIGER GLOBAL MANAGEMENT LLC	1,171,427	0.57%	$537.8M	-409,334 (-25.9%)
28	FRANKLIN RESOURCES INC	1,154,087	0.56%	$529.9M	+292,923 (+34.0%)
29	SCHRODER INVESTMENT MANAGEMENT GROUP	1,056,097	0.51%	$484.9M	-179,717 (-14.5%)
30	Capital International Investors	1,039,813	0.51%	$477.5M	+4,575 (+0.4%)
31	FMR LLC	1,016,083	0.49%	$466.5M	-9,103 (-0.9%)
32	Technology Crossover Management XI, Ltd.	1,000,000	0.49%	$459.1M	—
33	Legal & General Group Plc	989,779	0.48%	$454.4M	-50,817 (-4.9%)
34	BROWN ADVISORY INC	977,422	0.47%	$448.8M	+45,271 (+4.9%)
35	Capital World Investors	862,301	0.42%	$395.9M	+69,741 (+8.8%)
36	Point72 Asset Management, L.P.	845,042	0.41%	$388.0M	-71,075 (-7.8%)
37	Amundi	831,197	0.40%	$381.6M	-273,287 (-24.7%)
38	UBS Group AG	824,172	0.40%	$378.4M	+171,396 (+26.3%)
39	VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V.	818,575	0.40%	$375.8M	+139,564 (+20.6%)
40	CANADA PENSION PLAN INVESTMENT BOARD	808,043	0.39%	$371.0M	+346,414 (+75.0%)
41	Nuveen, LLC	796,078	0.39%	$365.5M	+507 (+0.1%)
42	Alyeska Investment Group, L.P.	775,431	0.38%	$356.0M	NEW
43	BARCLAYS PLC	774,900	0.38%	$355.8M	+288,941 (+59.5%)
44	VICTORY CAPITAL MANAGEMENT INC	745,220	0.36%	$342.2M	+170,351 (+29.6%)
45	EDGEWOOD MANAGEMENT LLC	743,489	0.36%	$341.4M	-537,207 (-41.9%)
46	Bank of New York Mellon Corp	722,412	0.35%	$331.7M	+49,071 (+7.3%)
47	BESSEMER GROUP INC	659,506	0.32%	$302.8M	+16,383 (+2.5%)
48	FIL Ltd	624,965	0.30%	$286.9M	+459,171 (+277.0%)
49	National Pension Service	605,199	0.29%	$277.9M	+32,696 (+5.7%)
50	Alecta Tjanstepension Omsesidigt	593,000	0.29%	$272.2M	—
51	D1 Capital Partners L.P.	568,855	0.28%	$261.2M	+228,361 (+67.1%)
52	CITADEL ADVISORS LLC	567,691	0.28%	$260.6M	-241,317 (-29.8%)
53	NEUBERGER BERMAN GROUP LLC	565,401	0.27%	$259.6M	+37,882 (+7.2%)
54	Select Equity Group, L.P.	536,831	0.26%	$246.5M	+170,955 (+46.7%)
55	APG Asset Management N.V.	530,872	0.26%	$213.2M	+429,840 (+425.4%)
56	Balyasny Asset Management L.P.	529,501	0.26%	$243.1M	+200,798 (+61.1%)
57	ValueAct Holdings, L.P.	526,800	0.26%	$241.9M	+168,300 (+46.9%)
58	Swiss National Bank	519,200	0.25%	$238.4M	-54,080 (-9.4%)
59	Clearbridge Investments, LLC	500,858	0.24%	$230.0M	+19,658 (+4.1%)
60	Southpoint Capital Advisors LP	500,000	0.24%	$229.6M	+100,000 (+25.0%)
61	AMF Tjanstepension AB	500,000	0.24%	$229.6M	—
62	SEI INVESTMENTS CO	489,837	0.24%	$224.9M	-259,658 (-34.6%)
63	Robeco Institutional Asset Management B.V.	484,673	0.24%	$222.5M	-7,308 (-1.5%)
64	VANGUARD PORTFOLIO MANAGEMENT LLC	480,914	0.23%	$220.8M	+7,723 (+1.6%)
65	Sumitomo Mitsui Trust Group, Inc.	467,645	0.23%	$214.7M	-32,211 (-6.4%)
66	AMERICAN CENTURY COMPANIES INC	452,131	0.22%	$207.6M	-162,143 (-26.4%)
67	SUSQUEHANNA INTERNATIONAL GROUP, LLP	451,098	0.22%	$207.1M	+335,416 (+289.9%)
68	Invesco Ltd.	449,805	0.22%	$206.5M	-92,614 (-17.1%)
69	NORDEA INVESTMENT MANAGEMENT AB	423,585	0.21%	$193.0M	-16,292 (-3.7%)
70	Pictet Asset Management Holding SA	408,699	0.20%	$187.7M	-120,918 (-22.8%)
71	ENVESTNET ASSET MANAGEMENT INC	408,118	0.20%	$187.4M	+31,199 (+8.3%)
72	Palestra Capital Management LLC	403,160	0.20%	$185.1M	+55,217 (+15.9%)
73	VANGUARD ASSET MANAGEMENT, Ltd	388,619	0.19%	$178.4M	+38,340 (+10.9%)
74	NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	387,681	0.19%	$178.0M	-31,561 (-7.5%)
75	GENERATION INVESTMENT MANAGEMENT LLP	378,559	0.18%	$173.8M	+50,549 (+15.4%)
76	BANK OF MONTREAL /CAN/	375,165	0.18%	$172.2M	-13,099 (-3.4%)
77	PRIMECAP MANAGEMENT CO/CA/	360,106	0.17%	$165.3M	+27,550 (+8.3%)
78	Dorsal Capital Management, LP	360,000	0.17%	$165.3M	+150,000 (+71.4%)
79	ROYAL BANK OF CANADA	357,425	0.17%	$164.1M	-75,092 (-17.4%)
80	Qube Research & Technologies Ltd	344,898	0.17%	$158.4M	NEW
81	WELLS FARGO & COMPANY/MN	338,722	0.16%	$155.5M	-15,283 (-4.3%)
82	Allianz Asset Management GmbH	329,339	0.16%	$151.2M	+63,175 (+23.7%)
83	TREMBLANT CAPITAL GROUP	293,314	0.14%	$134.7M	+12,869 (+4.6%)
84	Universal- Beteiligungs- und Servicegesellschaft mbH	291,447	0.14%	$133.8M	-11,537 (-3.8%)
85	Russell Investments Group, Ltd.	284,710	0.14%	$130.8M	+673 (+0.2%)
86	Assenagon Asset Management S.A.	281,656	0.14%	$129.3M	+109,247 (+63.4%)
87	TD Asset Management Inc	268,526	0.13%	$123.3M	+5,746 (+2.2%)
88	DIMENSIONAL FUND ADVISORS LP	266,087	0.13%	$122.2M	+1,331 (+0.5%)
89	FEDERATED HERMES, INC.	264,687	0.13%	$121.5M	+113,075 (+74.6%)
90	D. E. Shaw & Co., Inc.	260,635	0.13%	$119.7M	-97,838 (-27.3%)
91	AMERIPRISE FINANCIAL INC	260,031	0.13%	$119.4M	-18,490 (-6.6%)
92	Liontrust Investment Partners LLP	259,680	0.13%	$119.2M	NEW
93	SRS Investment Management, LLC	245,475	0.12%	$112.7M	+928 (+0.4%)
94	Atalan Capital Partners, LP	239,500	0.12%	$110.0M	+9,950 (+4.3%)
95	1832 Asset Management L.P.	234,976	0.11%	$107.9M	+42,374 (+22.0%)
96	CITIGROUP INC	232,246	0.11%	$106.6M	+24,764 (+11.9%)
97	California Public Employees Retirement System	230,312	0.11%	$105.7M	+14,381 (+6.7%)
98	VOYA INVESTMENT MANAGEMENT LLC	229,616	0.11%	$105.2M	-19,757 (-7.9%)
99	MANUFACTURERS LIFE INSURANCE COMPANY, THE	229,067	0.11%	$105.2M	+177,752 (+346.4%)
100	Allspring Global Investments Holdings, LLC	218,795	0.11%	$103.4M	-95,658 (-30.4%)
101	MANNING & NAPIER ADVISORS LLC	218,189	0.11%	$100.9M	+6,283 (+3.0%)
102	Aberdeen Group plc	214,956	0.10%	$98.7M	-2,105 (-1.0%)
103	TCW GROUP INC	214,758	0.10%	$98.6M	-21,356 (-9.0%)
104	ALKEON CAPITAL MANAGEMENT LLC	204,000	0.10%	$93.7M	NEW
105	BNP PARIBAS FINANCIAL MARKETS	201,254	0.10%	$92.4M	+133,230 (+195.9%)
106	Connor, Clark & Lunn Investment Management Ltd.	200,271	0.10%	$92.0M	+170,503 (+572.8%)
107	Rockefeller Capital Management L.P.	199,344	0.10%	$91.5M	+41,120 (+26.0%)
108	ALLIANCEBERNSTEIN L.P.	198,742	0.10%	$96.4M	-169,067 (-46.0%)
109	ACADIAN ASSET MANAGEMENT LLC	195,036	0.09%	$89.5M	+145,238 (+291.7%)
110	Man Group plc	186,492	0.09%	$85.6M	-57,070 (-23.4%)
111	FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND	185,000	0.09%	$84.9M	—
112	COMGEST GLOBAL INVESTORS S.A.S.	181,677	0.09%	$83.4M	-33,415 (-15.5%)
113	KBC Group NV	179,809	0.09%	$82.6M	+7,888 (+4.6%)
114	ADAGE CAPITAL PARTNERS GP, L.L.C.	179,000	0.09%	$82.2M	+159,000 (+795.0%)
115	Mitsubishi UFJ Asset Management Co., Ltd.	175,426	0.09%	$80.5M	+6,292 (+3.7%)
116	RHUMBLINE ADVISERS	174,826	0.08%	$80.3M	-10,569 (-5.7%)
117	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	174,361	0.08%	$80.1M	+10,736 (+6.6%)
118	CADIAN CAPITAL MANAGEMENT, LP	174,000	0.08%	$79.9M	NEW
119	AVIVA PLC	171,715	0.08%	$78.8M	-1,167 (-0.7%)
120	USS Investment Management Ltd	170,325	0.08%	$78.2M	+74,844 (+78.4%)
121	DAVENPORT & Co LLC	169,829	0.08%	$78.1M	+1,840 (+1.1%)
122	NATIXIS ADVISORS, LLC	169,578	0.08%	$77.9M	+91,864 (+118.2%)
123	NEW YORK STATE COMMON RETIREMENT FUND	169,223	0.08%	$77.7M	-62,104 (-26.8%)
124	Evercore Wealth Management, LLC	168,103	0.08%	$77.2M	+16,721 (+11.0%)
125	RAYMOND JAMES FINANCIAL INC	166,839	0.08%	$76.6M	+32,665 (+24.3%)
126	JONES FINANCIAL COMPANIES LLLP	163,478	0.08%	$75.2M	+98,061 (+149.9%)
127	DSM CAPITAL PARTNERS LLC	163,443	0.08%	$75.0M	+19,112 (+13.2%)
128	Fayez Sarofim & Co	162,706	0.08%	$74.7M	+37,635 (+30.1%)
129	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	161,954	0.08%	$74.4M	-18,670 (-10.3%)
130	XN LP	160,032	0.08%	$73.5M	-66,939 (-29.5%)
131	Cartenna Capital, LP	160,000	0.08%	$73.5M	NEW
132	CREDIT AGRICOLE S A	158,676	0.08%	$72.9M	-12,026 (-7.0%)
133	Handelsbanken Fonder AB	158,445	0.08%	$72.7M	-2,679 (-1.7%)
134	Amova Asset Management Americas, Inc.	156,844	0.08%	$72.0M	+10,507 (+7.2%)
135	Mitsubishi UFJ Trust & Banking Corp	156,201	0.08%	$71.7M	-13,843 (-8.1%)
136	MARSHALL WACE, LLP	145,163	0.07%	$66.7M	+59,001 (+68.5%)
137	VANGUARD CAPITAL MANAGEMENT LLC	145,006	0.07%	$66.6M	+13,797 (+10.5%)
138	FERNBRIDGE CAPITAL MANAGEMENT LP	143,826	0.07%	$66.0M	+76,176 (+112.6%)
139	Eurizon Capital SGR S.p.A.	143,654	0.07%	$66.0M	-115,694 (-44.6%)
140	Ilex Capital Partners (UK) LLP	139,767	0.07%	$64.2M	+79,268 (+131.0%)
141	Dixon Mitchell Investment Counsel Inc.	139,646	0.07%	$64.1M	+27,602 (+24.6%)
142	AQR CAPITAL MANAGEMENT LLC	139,438	0.07%	$64.0M	-63,184 (-31.2%)
143	Schonfeld Strategic Advisors LLC	138,351	0.07%	$63.5M	+83,652 (+152.9%)
144	Raiffeisen Bank International AG	138,191	0.07%	$63.8M	+33,078 (+31.5%)
145	Sculptor Capital LP	138,000	0.07%	$63.4M	—
146	BNP PARIBAS ASSET MANAGEMENT Holding S.A.	137,709	0.07%	$63.2M	-16,445 (-10.7%)
147	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	135,690	0.07%	$62.3M	-524 (-0.4%)
148	KLP KAPITALFORVALTNING AS	132,620	0.06%	$60.9M	-2,500 (-1.9%)
149	ABN AMRO Bank N.V.	131,732	0.06%	$60.5M	+9,479 (+7.8%)
150	Quantinno Capital Management LP	131,204	0.06%	$60.2M	+58,178 (+79.7%)
151	RENAISSANCE TECHNOLOGIES LLC	131,176	0.06%	$60.2M	-66,940 (-33.8%)
152	Epoch Investment Partners, Inc.	129,210	0.06%	$59.3M	+35,283 (+37.6%)
153	Zurcher Kantonalbank (Zurich Cantonalbank)	128,448	0.06%	$59.0M	+5,467 (+4.4%)
154	MERCER GLOBAL ADVISORS INC /ADV	124,002	0.06%	$56.9M	-160 (-0.1%)
155	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	123,361	0.06%	$56.6M	+32,487 (+35.7%)
156	Saudi Central Bank	121,949	0.06%	$56.0M	+63,286 (+107.9%)
157	LPL Financial LLC	121,171	0.06%	$55.6M	+916 (+0.8%)
158	CAPITAL FUND MANAGEMENT S.A.	120,044	0.06%	$55.1M	+31,542 (+35.6%)
159	Korea Investment CORP	116,122	0.06%	$53.3M	-5,561 (-4.6%)
160	Jefferies Financial Group Inc.	115,639	0.06%	$53.1M	+115,067 (+20116.6%)
161	Hudson Way Capital Management LLC	114,768	0.06%	$52.7M	-41,393 (-26.5%)
162	CANADA LIFE ASSURANCE Co	110,187	0.05%	$50.5M	-7,135 (-6.1%)
163	WESTFIELD CAPITAL MANAGEMENT CO LP	110,179	0.05%	$50.6M	NEW
164	Greenbrier Partners Capital Management, LLC	110,039	0.05%	$50.5M	+74,715 (+211.5%)
165	SG Americas Securities, LLC	109,285	0.05%	$50.2M	-1,662 (-1.5%)
166	Hyperion Asset Management Ltd	107,725	0.05%	$49.5M	-128,932 (-54.5%)
167	Islander Capital Partners, L.P.	107,500	0.05%	$49.4M	+4,800 (+4.7%)
168	KPS Global Asset Management UK Ltd	106,520	0.05%	$48.9M	-43,480 (-29.0%)
169	Coronation Fund Managers Ltd.	103,796	0.05%	$47.7M	+4,086 (+4.1%)
170	MONTANOVA CAPITAL, LLC	101,800	0.05%	$46.7M	+100,700 (+9154.5%)
171	SCOPUS ASSET MANAGEMENT, L.P.	101,750	0.05%	$46.7M	-54,121 (-34.7%)
172	HSBC HOLDINGS PLC	99,708	0.05%	$45.9M	-74 (-0.1%)
173	Trivium Point Advisory, LLC	98,891	0.05%	$45.4M	-5 (-0.0%)
174	STOREBRAND ASSET MANAGEMENT AS	98,467	0.05%	$45.2M	-4,628 (-4.5%)
175	GILDER GAGNON HOWE & CO LLC	95,875	0.05%	$44.0M	-21,607 (-18.4%)
176	LAKEWOOD CAPITAL MANAGEMENT, LP	93,500	0.05%	$42.9M	NEW
177	DANSKE BANK A/S	92,224	0.04%	$42.3M	-28,949 (-23.9%)
178	JANE STREET GROUP, LLC	91,854	0.04%	$42.2M	-146,208 (-61.4%)
179	HMI Capital Management, L.P.	91,500	0.04%	$42.0M	NEW
180	MILLENNIUM MANAGEMENT LLC	91,499	0.04%	$42.0M	-185,224 (-66.9%)
181	TEACHER RETIREMENT SYSTEM OF TEXAS	91,015	0.04%	$41.8M	-5,125 (-5.3%)
182	Vident Advisory, LLC	90,284	0.04%	$41.5M	+57,595 (+176.2%)
183	FRED ALGER MANAGEMENT, LLC	87,700	0.04%	$40.3M	-11,988 (-12.0%)
184	PFA Pension, Forsikringsaktieselskab	87,100	0.04%	$40.0M	-136 (-0.2%)
185	ABN AMRO INVESTMENT SOLUTIONS	86,054	0.04%	$39.5M	+30,509 (+54.9%)
186	State of Tennessee, Department of Treasury	85,543	0.04%	$39.3M	+13,087 (+18.1%)
187	Ensign Peak Advisors, Inc	83,126	0.04%	$38.2M	-16,172 (-16.3%)
188	SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC	83,000	0.04%	$38.1M	-7,000 (-7.8%)
189	POLEN CAPITAL MANAGEMENT LLC	81,578	0.04%	$37.5M	-25,851 (-24.1%)
190	Public Sector Pension Investment Board	80,960	0.04%	$37.2M	+520 (+0.6%)
191	SEB Asset Management AB	80,403	0.04%	$36.9M	+5,715 (+7.7%)
192	STATE OF MICHIGAN RETIREMENT SYSTEM	80,242	0.04%	$36.8M	+24,211 (+43.2%)
193	Lansforsakringar Fondforvaltning AB (publ)	78,751	0.04%	$36.2M	+12,860 (+19.5%)
194	ROYAL LONDON ASSET MANAGEMENT LTD	78,575	0.04%	$36.1M	-2,201 (-2.7%)
195	AMI ASSET MANAGEMENT CORP	75,584	0.04%	$34.7M	-9,834 (-11.5%)
196	ARK Investment Management LLC	75,108	0.04%	$34.5M	+7,330 (+10.8%)
197	Vanguard Investments Australia, Ltd.	74,944	0.04%	$34.4M	-2,910 (-3.7%)
198	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	74,690	0.04%	$34.3M	-12,972 (-14.8%)
199	GLENMEDE TRUST CO NA	73,502	0.04%	$33.7M	+6,289 (+9.4%)
200	STIFEL FINANCIAL CORP	72,140	0.04%	$33.1M	+300 (+0.4%)
201	FLOSSBACH VON STORCH SE	71,921	0.03%	$33.0M	+69,904 (+3465.7%)
202	STRS OHIO	71,000	0.03%	$32.6M	+6,174 (+9.5%)
203	SOMA EQUITY PARTNERS LP	70,630	0.03%	$32.4M	-98,653 (-58.3%)
204	Ardmore Road Asset Management LP	70,000	0.03%	$32.1M	—
205	Engineers Gate Manager LP	69,234	0.03%	$31.8M	+57,831 (+507.2%)
206	LBP AM SA	67,882	0.03%	$31.2M	+3,755 (+5.9%)
207	Treasurer of the State of North Carolina	67,286	0.03%	$30.9M	+1,430 (+2.2%)
208	Tredje AP-fonden	66,994	0.03%	$30.8M	+12,427 (+22.8%)
209	Border to Coast Pensions Partnership Ltd	66,854	0.03%	$30.7M	+29,419 (+78.6%)
210	Generali Asset Management SPA SGR	66,139	0.03%	$29.9M	-3,257 (-4.7%)
211	Asset Management One Co., Ltd.	66,039	0.03%	$30.3M	-1,491 (-2.2%)
212	Davidson Kempner Capital Management LP	65,000	0.03%	$29.8M	NEW
213	State of New Jersey Common Pension Fund D	64,406	0.03%	$29.6M	-7,200 (-10.1%)
214	Strategic Global Advisors, LLC	64,103	0.03%	$29.5M	+12,931 (+25.3%)
215	Squarepoint Ops LLC	64,088	0.03%	$29.4M	-315,838 (-83.1%)
216	TWO SIGMA INVESTMENTS, LP	61,846	0.03%	$28.4M	+48,874 (+376.8%)
217	DekaBank Deutsche Girozentrale	61,077	0.03%	$29.5M	—
218	Gavilan Investment Partners LLC	61,000	0.03%	$28.0M	+11,500 (+23.2%)
219	KEYBANK NATIONAL ASSOCIATION/OH	57,394	0.03%	$26.4M	+21,915 (+61.8%)
220	Mirae Asset Global Investments Co., Ltd.	55,710	0.03%	$25.6M	+6,505 (+13.2%)
221	HAWK RIDGE CAPITAL MANAGEMENT LP	55,400	0.03%	$25.4M	NEW
222	Privium Fund Management B.V.	55,000	0.03%	$25.3M	-12,000 (-17.9%)
223	Pathstone Holdings, LLC	54,904	0.03%	$25.2M	+17,348 (+46.2%)
224	Skye Global Management LP	54,800	0.03%	$25.2M	+2,000 (+3.8%)
225	Meridiem Capital Partners LP	54,460	0.03%	$25.0M	+35,908 (+193.6%)
226	Walleye Capital LLC	54,405	0.03%	$25.0M	-131,560 (-70.7%)
227	MANE GLOBAL CAPITAL MANAGEMENT LP	53,353	0.03%	$24.5M	-22,874 (-30.0%)
228	NOMURA ASSET MANAGEMENT CO LTD	53,244	0.03%	$24.4M	-2,623 (-4.7%)
229	Vontobel Holding Ltd.	53,189	0.03%	$24.4M	-2,246 (-4.1%)
230	ZEVENBERGEN CAPITAL INVESTMENTS LLC	51,617	0.03%	$23.7M	-25,804 (-33.3%)
231	Mediolanum International Funds Ltd	51,411	0.02%	$23.8M	-49,101 (-48.9%)
232	Tamar Securities, LLC	51,338	0.02%	$23.6M	+12,908 (+33.6%)
233	BANK OF NOVA SCOTIA	51,240	0.02%	$23.5M	+2,120 (+4.3%)
234	CAPTRUST FINANCIAL ADVISORS	51,112	0.02%	$23.5M	+1,759 (+3.6%)
235	Longaeva Partners L.P.	50,340	0.02%	$23.1M	NEW
236	Boston Common Asset Management, LLC	49,932	0.02%	$22.9M	-2,664 (-5.1%)
237	Lazard Freres Gestion S.A.S.	49,279	0.02%	$22.6M	+7,059 (+16.7%)
238	Ilmarinen Mutual Pension Insurance Co	48,898	0.02%	$22.5M	+569 (+1.2%)
239	IEQ CAPITAL, LLC	47,512	0.02%	$21.8M	-8,416 (-15.0%)
240	GABELLI FUNDS LLC	47,033	0.02%	$21.6M	+2,938 (+6.7%)
241	Stephens Investment Management Group LLC	46,906	0.02%	$21.5M	+13,420 (+40.1%)
242	STATE OF WISCONSIN INVESTMENT BOARD	46,020	0.02%	$21.1M	-8,644 (-15.8%)
243	MARSICO CAPITAL MANAGEMENT LLC	45,385	0.02%	$20.8M	+39,005 (+611.4%)
244	Rivermont Capital Management LP	44,604	0.02%	$20.5M	-19,264 (-30.2%)
245	Parkwood LLC	44,183	0.02%	$20.3M	+1,769 (+4.2%)
246	Capital International, Inc./CA/	44,151	0.02%	$20.3M	-3,098 (-6.6%)
247	Retirement Systems of Alabama	44,015	0.02%	$20.2M	-2,920 (-6.2%)
248	Police & Firemen's Retirement System of New Jersey	43,370	0.02%	$19.9M	-661 (-1.5%)
249	LONG WALK MANAGEMENT LP	43,000	0.02%	$19.7M	-11,575 (-21.2%)
250	Sycale Advisors (NY) LLC	42,731	0.02%	$19.6M	—

Exited since 2026-03-31 (194 filers; largest 25 shown)

JANUS HENDERSON GROUP PLC	−1,711,015
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	−300,309
Capital Research Global Investors	−261,166
Polar Capital Holdings Plc	−245,436
Styrax Capital, LP	−150,000
Employees Retirement System of Texas	−113,835
Trexquant Investment LP	−106,989
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC	−106,941
Findlay Park Partners LLP	−94,240
Rokos Capital Management LLP	−90,446
Junto Capital Management LP	−89,083
Delta Global Management LP	−71,779
MEITAV INVESTMENT HOUSE LTD	−71,503
LONE PINE CAPITAL LLC	−68,844
SAMLYN CAPITAL, LLC	−61,640
AXIOM INVESTORS LLC /DE	−54,145
Alta Park Capital, LP	−47,758
ONTARIO TEACHERS PENSION PLAN BOARD	−46,004
Zurich Insurance Group Ltd/FI	−41,496
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD	−37,350
PBU - The Pension Fund of Early Childhood & Youth Educators	−35,966
J. Goldman & Co LP	−32,502
First Long Island Investors, LLC	−25,616
CWM, LLC	−23,163
Metavasi Capital LP	−22,713

Large holders from 13D/13G (latest per reporting person, last 2 years)

Filed when a holder crosses 5% or changes materially, so often more current than the quarter-end 13F. Percentages are the filer's own, against the share count they used.

Reporting person	Form	Filed	Event	Shares	% of class
BAILLIE GIFFORD & CO	SCHEDULE 13G	2025-08-08	2025-06-30	9,628,910	4.7%

Source: SEC Form 13F-HR information tables for the quarter ending 2026-06-30 (filed within 45 days of quarter end; amendments applied; values normalised to dollars), the share count from the company's latest 10-K/10-Q XBRL cover page, and Schedule 13D/13G filings. Each row is a legal 13F filer as filed — related entities (e.g. Vanguard's advisers) are not merged. Retail brokerage accounts are not reported on 13F, so the remainder is mostly retail and insiders.