Snap
SNAP
335 hedge funds and large institutions have $4.25B invested in Snap in 2018 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 90 increasing their positions, 82 reducing their positions, and 56 closing their positions.
34% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 56
28% more capital invested
Capital invested by funds: $3.32B → $4.25B (+$935M)
6% more funds holding
Funds holding: 316 → 335 (+19)
4.04% more ownership
Funds ownership: 26.31% → 30.35% (+4%)
10% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 82
6% less funds holding in top 10
Funds holding in top 10: 18 → 17 (-1)
63% less call options, than puts
Call options by funds: $286M | Put options by funds: $780M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$335M |
| 2 |
TCM
Tybourne Capital Management
Hong Kong
|
+$258M |
| 3 |
O
OppenheimerFunds
New York
|
+$193M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$134M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
DST Managers
Grand Cayman,
Cayman Islands
|
-$146M |
| 2 |
Coatue Management
New York
|
-$114M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$95.6M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$69.1M |
| 5 |
Goldman Sachs
New York
|
-$37.5M |
SNAP Hedge Fund Activity: Q1 2018 in Review
335 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q1 2018, worth a combined $4.25B — up 28% from $3.32B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new SNAP positions and 56 closed out — a net gain of 19 holders — while 90 added to existing stakes and 82 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $335M. The largest seller was DST Managers, exiting entirely with an estimated $146M sold.
- 335 institutional investors held Snap (SNAP) as of Q1 2018, up from 316 in Q4 2017.
- Funds reported $4.25B of Snap stock for Q1 2018, up 28% quarter-over-quarter.
- 75 funds opened new Snap positions in Q1 2018 and 56 closed out, a net change of +19 holders.
- The largest Snap buyer in Q1 2018 was T. Rowe Price Associates, an estimated $335M added.
- The largest Snap seller in Q1 2018 was DST Managers, an estimated $146M sold.
Based on aggregated 13F filings for Q1 2018.