Reddit
RDDT
128 hedge funds and large institutions have $1.05B invested in Reddit in 2024 Q1 according to their latest regulatory filings, with 128 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
53.11% more ownership
Funds ownership: 0% → 53.11% (+53%)
23% more call options, than puts
Call options by funds: $107M | Put options by funds: $86.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$129M |
| 2 |
ICP
Inclusive Capital Partners
San Francisco,
California
|
+$114M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$91.2M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$90.6M |
| 5 |
Bank of New York Mellon
New York
|
+$82.7M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Macquarie Group
Sydney, NSW 2000,
Australia
| $120 | +$133K | +2,426 | New |
|
|
CPA
127
Clear Point Advisors
Melville,
New York
| $49 | +$55 | +1 | New |
|
|
FIA
128
FNY Investment Advisers
New York
| $34 | +$38.3K | +700 | New |
|
RDDT Hedge Fund Activity: Q1 2024 in Review
128 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Reddit (RDDT) for Q1 2024, worth a combined $1.05B.
Buyers outnumbered sellers: 128 funds opened new RDDT positions and 0 closed out — a net gain of 128 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $129M.
- 128 institutional investors held Reddit (RDDT) as of Q1 2024, up from 0 in Q4 2023.
- Funds reported $1.05B of Reddit stock for Q1 2024.
- 128 funds opened new Reddit positions in Q1 2024 and 0 closed out, a net change of +128 holders.
- The largest Reddit buyer in Q1 2024 was Fidelity Investments, an estimated $129M added.
Based on aggregated 13F filings for Q1 2024.