Baillie Gifford acquired 21.5 Million Spotify Technology S.A. shares worth $6.32 Billion. That's 4.97% of their equity portfolio (4th largest holding). The investor owns 11.13% 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 eleven occasions. The stake costed the investor $3.33 Billion, netting the investor a gain of 90% so far.
Baillie Gifford Adjusts Stake in Spotify Technology SA
GuruFocus, 4 months agoBaillie 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...
InvestorPlace, 4 months ago