Snap
SNAP
269 hedge funds and large institutions have $3.52B invested in Snap in 2017 Q2 according to their latest regulatory filings, with 97 funds opening new positions, 82 increasing their positions, 39 reducing their positions, and 50 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 39
94% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 50
21% more funds holding
Funds holding: 222 → 269 (+47)
1.38% less ownership
Funds ownership: 30.55% → 29.17% (-1.4%)
22% less capital invested
Capital invested by funds: $4.52B → $3.52B (-$1.01B)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
60% less call options, than puts
Call options by funds: $241M | Put options by funds: $606M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$193M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$117M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
+$93.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$60.5M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$52.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$368M |
| 2 |
Jennison Associates
New York
|
-$119M |
| 3 |
JP Morgan Chase
New York
|
-$92.8M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$61.8M |
| 5 |
TP
Third Point
New York
|
-$50.7M |
SNAP Hedge Fund Activity: Q2 2017 in Review
269 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q2 2017, worth a combined $3.52B — down 22% from $4.52B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new SNAP positions and 50 closed out — a net gain of 47 holders — while 82 added to existing stakes and 39 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $193M. The largest seller was Fidelity Investments, cutting an estimated $368M.
- 269 institutional investors held Snap (SNAP) as of Q2 2017, up from 222 in Q1 2017.
- Funds reported $3.52B of Snap stock for Q2 2017, down 22% quarter-over-quarter.
- 97 funds opened new Snap positions in Q2 2017 and 50 closed out, a net change of +47 holders.
- The largest Snap buyer in Q2 2017 was T. Rowe Price Associates, an estimated $193M added.
- The largest Snap seller in Q2 2017 was Fidelity Investments, an estimated $368M sold.
Based on aggregated 13F filings for Q2 2017.