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531 hedge funds and large institutions have $6.61B invested in Snap in 2023 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 161 increasing their positions, 174 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more call options, than puts

Call options by funds: $545M | Put options by funds: $370M

0.46% more ownership

Funds ownership: 53.47%53.92% (+0.46%)

7% less repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 174

4% less funds holding

Funds holding: 556531 (-25)

22% less capital invested

Capital invested by funds: $8.53B → $6.61B (-$1.91B)

26% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 77

55% less funds holding in top 10

Funds holding in top 10: 115 (-6)

Holders
531
Holders Change
-25
Holders Change %
-4.5%
% of All Funds
8.43%
Holding in Top 10
5
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-54.55%
% of All Funds
0.08%
New
57
Increased
161
Reduced
174
Closed
77
Calls
$545M
Puts
$370M
Net Calls
+$174M
Net Calls Change
-$22.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$36.5M +$111K +10,583 +0.3%
UBS AM
27
UBS AM
Illinois
$33.8M -$23.5M -2,252,199 -37%
Deutsche Bank
28
Deutsche Bank
Germany
$33.1M -$14.3M -1,372,219 -27%
Legal & General Group
29
Legal & General Group
United Kingdom
$32.5M -$1.33M -127,252 -3%
TC
30
TwinBeech Capital
New York
$32.3M +$37.9M +3,629,361 New
Bank of America
31
Bank of America
North Carolina
$29.4M +$16.3M +1,562,777 +90%
Swiss National Bank
32
Swiss National Bank
Switzerland
$29.1M -$3.41M -326,400 -9%
Charles Schwab
33
Charles Schwab
California
$28.6M +$229K +21,937 +0.7%
Wellington Management Group
34
Wellington Management Group
Massachusetts
$25.6M -$528K -50,571 -2%
APG Asset Management
35
APG Asset Management
Netherlands
$22.7M -$684K -65,434 -3%
Connor, Clark & Lunn Investment Management (CC&L)
36
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$21.2M +$9.33M +892,996 +60%
NAMA
37
Nikko Asset Management Americas
New York
$19.4M +$3.27M +312,615 +17%
TAA
38
TB Alternative Assets
Cayman Islands
$18.6M
SG Americas Securities
39
SG Americas Securities
New York
$18.5M -$40.9M -3,916,725 -65%
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$18.4M -$28K -2,683 -0.1%
CS
41
Credit Suisse
Switzerland
$16.7M -$3.59M -343,355 -15%
Bank of New York Mellon
42
Bank of New York Mellon
New York
$16.4M -$976K -93,409 -5%
Dimensional Fund Advisors
43
Dimensional Fund Advisors
Texas
$16.3M +$3.81M +364,217 +25%
UBS Group
44
UBS Group
Switzerland
$16.1M +$2.77M +264,901 +17%
Barclays
45
Barclays
United Kingdom
$15.5M -$2.53M -242,514 -12%
Jacobs Levy Equity Management
46
Jacobs Levy Equity Management
New Jersey
$14.4M -$7.49M -716,512 -31%
Renaissance Technologies
47
Renaissance Technologies
New York
$13.8M -$32.9M -3,148,600 -67%
N
48
Nuveen
North Carolina
$12.7M +$734K +70,212 +5%
Assenagon Asset Management
49
Assenagon Asset Management
Luxembourg
$12.5M -$31.5M -3,019,132 -68%
T
50
TOBAM
France
$12.2M +$1.31M +125,360 +10%

SNAP Hedge Fund Activity: Q3 2023 in Review

531 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q3 2023, worth a combined $6.61B — down 22% from $8.53B a quarter earlier.

Sellers outnumbered buyers: 77 funds closed out of SNAP and 57 opened new positions — a net loss of 20 holders — while 174 trimmed existing stakes and 161 added.

The largest buyer was Fidelity Investments, adding an estimated $481M. The largest seller was D.E. Shaw & Co, cutting an estimated $151M.

  • 531 institutional investors held Snap (SNAP) as of Q3 2023, down from 556 in Q2 2023.
  • Funds reported $6.61B of Snap stock for Q3 2023, down 22% quarter-over-quarter.
  • 57 funds opened new Snap positions in Q3 2023 and 77 closed out, a net change of -20 holders.
  • The largest Snap buyer in Q3 2023 was Fidelity Investments, an estimated $481M added.
  • The largest Snap seller in Q3 2023 was D.E. Shaw & Co, an estimated $151M sold.

Based on aggregated 13F filings for Q3 2023.