Reddit
RDDT
492 hedge funds and large institutions have $15.6B invested in Reddit in 2024 Q4 according to their latest regulatory filings, with 256 funds opening new positions, 106 increasing their positions, 96 reducing their positions, and 40 closing their positions.
540% more first-time investments, than exits
New positions opened: 256 | Existing positions closed: 40
207% more capital invested
Capital invested by funds: $5.09B → $15.6B (+$10.5B)
71% more funds holding
Funds holding: 287 → 492 (+205)
37% more funds holding in top 10
Funds holding in top 10: 19 → 26 (+7)
14% more call options, than puts
Call options by funds: $2.88B | Put options by funds: $2.53B
10% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 96
1.46% less ownership
Funds ownership: 81.32% → 79.86% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$806M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$735M |
| 3 |
Jennison Associates
New York
|
+$374M |
| 4 |
D.E. Shaw & Co
New York
|
+$345M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$313M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$325M |
| 2 |
Holocene Advisors
New York
|
-$280M |
| 3 |
Jane Street
New York
|
-$176M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$151M |
| 5 |
Millennium Management
New York
|
-$100M |
RDDT Hedge Fund Activity: Q4 2024 in Review
492 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Reddit (RDDT) for Q4 2024, worth a combined $15.6B — up 207% from $5.09B a quarter earlier.
Buyers outnumbered sellers: 256 funds opened new RDDT positions and 40 closed out — a net gain of 216 holders — while 106 added to existing stakes and 96 trimmed.
The largest buyer was Coatue Management, opening a new position worth an estimated $806M. The largest seller was Citadel Advisors, exiting entirely with an estimated $325M sold.
- 492 institutional investors held Reddit (RDDT) as of Q4 2024, up from 287 in Q3 2024.
- Funds reported $15.6B of Reddit stock for Q4 2024, up 207% quarter-over-quarter.
- 256 funds opened new Reddit positions in Q4 2024 and 40 closed out, a net change of +216 holders.
- The largest Reddit buyer in Q4 2024 was Coatue Management, an estimated $806M added.
- The largest Reddit seller in Q4 2024 was Citadel Advisors, an estimated $325M sold.
Based on aggregated 13F filings for Q4 2024.