SPOTIFY USA INC

CUSIP: 84921RAB6 Class: NOTE 3/1

CAPSTONE INVESTMENT ADVISORS, LLC's Holding History (CIK: 0001426196)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025
Shares 52,418,000 Value ($000) $59,625 Avg Close — Range —
Q3 2025
Shares 52,418,000 Value ($000) $71,760 Avg Close — Range —
Q2 2025
Shares 34,500,000 Value ($000) $52,350 Avg Close — Range —
Q1 2025
Shares 26,000,000 Value ($000) $31,062 Avg Close — Range —
Q4 2024
Shares 15,000,000 Value ($000) $15,984 Avg Close — Range —
Q4 2023
Shares 2,000,000 Value ($000) $1,765 Avg Close — Range —
Q3 2023
Shares 2,000,000 Value ($000) $1,707 Avg Close — Range —