Snap
SNAP
576 hedge funds and large institutions have $9.16B invested in Snap in 2024 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 198 increasing their positions, 148 reducing their positions, and 72 closing their positions.
122% more call options, than puts
Call options by funds: $1.08B | Put options by funds: $487M
34% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 148
29% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 72
3% more funds holding
Funds holding: 558 → 576 (+18)
0.07% more ownership
Funds ownership: 57.09% → 57.16% (+0.07%)
32% less capital invested
Capital invested by funds: $13.5B → $9.16B (-$4.29B)
42% less funds holding in top 10
Funds holding in top 10: 12 → 7 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$780M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$58.8M |
| 3 |
Goldman Sachs
New York
|
+$55.1M |
| 4 |
JP Morgan Chase
New York
|
+$44.5M |
| 5 |
BlackRock
New York
|
+$40.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$248M |
| 2 |
Morgan Stanley
New York
|
-$232M |
| 3 |
SPC
Slate Path Capital
New York
|
-$161M |
| 4 |
Two Sigma Advisers
New York
|
-$120M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$87.9M |
SNAP Hedge Fund Activity: Q1 2024 in Review
576 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q1 2024, worth a combined $9.16B — down 32% from $13.5B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new SNAP positions and 72 closed out — a net gain of 21 holders — while 198 added to existing stakes and 148 trimmed.
The largest buyer was Bank of America, adding an estimated $780M. The largest seller was T. Rowe Price Associates, cutting an estimated $248M.
- 576 institutional investors held Snap (SNAP) as of Q1 2024, up from 558 in Q4 2023.
- Funds reported $9.16B of Snap stock for Q1 2024, down 32% quarter-over-quarter.
- 93 funds opened new Snap positions in Q1 2024 and 72 closed out, a net change of +21 holders.
- The largest Snap buyer in Q1 2024 was Bank of America, an estimated $780M added.
- The largest Snap seller in Q1 2024 was T. Rowe Price Associates, an estimated $248M sold.
Based on aggregated 13F filings for Q1 2024.