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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
Victory Capital Management
101
Victory Capital Management
Texas
$3.38M +$93.9K +8,988 +2%
PAM
102
Panagora Asset Management
Massachusetts
$3.33M -$2.58M -246,534 -40%
TAC
103
Twenty Acre Capital
Pennsylvania
$3.33M +$3.9M +373,500 New
LSA
104
Leonteq Securities AG
Switzerland
$3.25M -$19.5K -1,870 -0.5%
CTC (Chicago Trading Company)
105
CTC (Chicago Trading Company)
Illinois
$3.23M +$525K +50,217 +16%
IMC Chicago
106
IMC Chicago
Illinois
$3.22M +$3.77M +361,075 New
Aviva
107
Aviva
United Kingdom
$3.21M -$3.61M -345,079 -49%
SOMRS
108
State of Michigan Retirement System
Michigan
$3.2M
OTPPB
109
Ontario Teachers' Pension Plan Board
Ontario, Canada
$3.18M +$1.28M +122,210 +52%
Capital Fund Management (CFM)
110
Capital Fund Management (CFM)
France
$3.16M +$3.7M +354,516 New
Norges Bank
111
Norges Bank
Norway
$2.96M +$3.47M +332,100 New
WIA
112
Westbourne Investment Advisors
Maryland
$2.75M +$991K +94,795 +44%
EWM
113
Empirical Wealth Management
Washington
$2.65M +$197K +18,864 +7%
IC
114
IEQ Capital
California
$2.62M -$644K -61,653 -17%
Nomura Asset Management
115
Nomura Asset Management
Japan
$2.61M +$150K +14,328 +5%
BAM
116
Belpointe Asset Management
Nevada
$2.58M +$3.03M +289,797 New
SFA
117
Source Financial Advisors
New York
$2.55M
ASRS
118
Arizona State Retirement System
Arizona
$2.47M +$57.8K +5,527 +2%
JF
119
Jump Financial
Illinois
$2.34M +$2.33M +223,432 +565%
TRSOTSOK
120
Teachers Retirement System of the State of Kentucky
Kentucky
$2.34M -$6.81M -652,077 -71%
Robeco Institutional Asset Management
121
Robeco Institutional Asset Management
Netherlands
$2.34M -$904K -86,533 -25%
Treasurer of the State of North Carolina
122
Treasurer of the State of North Carolina
North Carolina
$2.28M -$57.2K -5,470 -2%
Bank of Montreal
123
Bank of Montreal
Ontario, Canada
$2.24M -$225K -21,513 -12%
RJFSA
124
Raymond James Financial Services Advisors
Florida
$2.21M -$1.53M -146,498 -37%
CP
125
CenterBook Partners
Connecticut
$2.2M +$1.9M +181,364 +279%

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.