Rowan Street Capital reported a strong first half of 2025, with its fund up +20.1% YTD and a +249% total return since mid-2022. Their top 5 holdings for 2025 can be seen in their Q2 2025 investor letter available for download.

In the same letter, Rowan Street Capital highlighted Spotify Technology S.A. (NYSE: SPOT), which saw a one-month return of -0.65% and a 143.16% appreciation over 52 weeks, closing at $705.55 per share on July 16, 2025.

Rowan Street Capital’s investor letter revealed that they have been shareholders of Meta Platforms and Spotify Technology S.A. for over 7 years, with an internal rate of return exceeding 20% annually on both investments.

Spotify Technology S.A. (NYSE: SPOT) was held by 106 hedge fund portfolios in Q1 2025, generating $4.2 billion in revenue with a year-over-year growth of 15%.

For more information on Spotify Technology S.A. and other large cap stocks to buy, visit the provided links. This article was originally published by Insider Monkey.

Read more at Yahoo Finance: Rowan Street Capital’s Investment Journey with Spotify (SPOT)