550 hedge funds and large institutions have $6.17B invested in Snap in 2025 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 190 increasing their positions, 159 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
550
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$628M
Puts
$321M
Net Calls
Net Calls Change

Top Buyers

1 +$101M
2 +$81.6M
3 +$71.5M
4
Man Group
Man Group
United Kingdom
+$55.8M
5
UBS Group
UBS Group
Switzerland
+$49.6M

Top Sellers

1 -$92.7M
2 -$85.9M
3 -$83.6M
4
Two Sigma Investments
Two Sigma Investments
New York
-$52.5M
5
SPC
Slate Path Capital
New York
-$51.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Teacher Retirement System of Texas
276
Teacher Retirement System of Texas
Texas
$285K
KAS
277
Kestra Advisory Services
Texas
$284K
PA
278
Parallel Advisors
California
$281K
PIM
279
Plato Investment Management
Australia
$275K
DIM
280
DLK Investment Management
California
$274K
Jones Financial Companies
281
Jones Financial Companies
Missouri
$274K
NA
282
NewEdge Advisors
Louisiana
$269K
USCWA
283
U.S. Capital Wealth Advisors
Texas
$266K
PAG
284
Private Advisor Group
New Jersey
$261K
Pathstone Holdings
285
Pathstone Holdings
New Jersey
$258K
MMHP
286
Murphy Middleton Hinkle & Parker
Georgia
$258K
Mariner
287
Mariner
Kansas
$256K
Allianz Asset Management
288
Allianz Asset Management
Germany
$252K
KA
289
Kovack Advisors
Florida
$250K
National Bank of Canada
290
National Bank of Canada
Quebec, Canada
$248K
DC
291
Davenport & Co
Virginia
$245K
FIA
292
Foundations Investment Advisors
Arizona
$242K
Cambridge Investment Research Advisors
293
Cambridge Investment Research Advisors
Iowa
$241K
SCP
294
Sivia Capital Partners
California
$239K
WPC
295
Wedmont Private Capital
Pennsylvania
$239K
CCA
296
Checchi Capital Advisers
California
$230K
P
297
&Partners
Tennessee
$228K
CFS
298
Coordinated Financial Services
Colorado
$225K
CAU
299
Caxton Associates (UK)
$223K
BMSSC
300
B. Metzler seel. Sohn & Co
Germany
$217K