Snap
SNAP
500 hedge funds and large institutions have $18.5B invested in Snap in 2020 Q3 according to their latest regulatory filings, with 105 funds opening new positions, 176 increasing their positions, 126 reducing their positions, and 77 closing their positions.
89% more call options, than puts
Call options by funds: $1.74B | Put options by funds: $921M
40% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 126
36% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 77
14% more capital invested
Capital invested by funds: $16.2B → $18.5B (+$2.3B)
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
5% more funds holding
Funds holding: 474 → 500 (+26)
0.5% more ownership
Funds ownership: 58.22% → 58.72% (+0.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
+$225M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$187M |
| 3 |
JP Morgan Chase
New York
|
+$142M |
| 4 |
Morgan Stanley
New York
|
+$134M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$132M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$209M |
| 2 |
Citigroup
New York
|
-$164M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$155M |
| 4 |
EC
EMS Capital
New York
|
-$107M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$77.3M |
SNAP Hedge Fund Activity: Q3 2020 in Review
500 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q3 2020, worth a combined $18.5B — up 14% from $16.2B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new SNAP positions and 77 closed out — a net gain of 28 holders — while 176 added to existing stakes and 126 trimmed.
The largest buyer was Edgewood Management, adding an estimated $225M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $209M sold.
- 500 institutional investors held Snap (SNAP) as of Q3 2020, up from 474 in Q2 2020.
- Funds reported $18.5B of Snap stock for Q3 2020, up 14% quarter-over-quarter.
- 105 funds opened new Snap positions in Q3 2020 and 77 closed out, a net change of +28 holders.
- The largest Snap buyer in Q3 2020 was Edgewood Management, an estimated $225M added.
- The largest Snap seller in Q3 2020 was Renaissance Technologies, an estimated $209M sold.
Based on aggregated 13F filings for Q3 2020.