Lone Pine Capital — SPOT

How Lone Pine Capital's position in SPOTIFY TECHNOLOGY S A changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	68,844	$33,383,144	0.27%	ADD
Q4 2025	17,762	$10,314,571	0.08%	NEW