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340 hedge funds and large institutions have $3.72B invested in Snap in 2018 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 101 increasing their positions, 61 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 61

1% more funds holding

Funds holding: 335340 (+5)

10% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 73

0.22% less ownership

Funds ownership: 30.35%30.14% (-0.22%)

13% less capital invested

Capital invested by funds: $4.25B → $3.72B (-$538M)

29% less funds holding in top 10

Funds holding in top 10: 1712 (-5)

59% less call options, than puts

Call options by funds: $419M | Put options by funds: $1.02B

Holders
340
Holders Change
+5
Holders Change %
+1.49%
% of All Funds
7.78%
Holding in Top 10
12
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-29.41%
% of All Funds
0.27%
New
80
Increased
101
Reduced
61
Closed
73
Calls
$419M
Puts
$1.02B
Net Calls
-$598M
Net Calls Change
-$104M
Name Holding Trade Value Shares
Change
Change in
Stake
BRF
126
B. Riley Financial
California
$370K -$204K -15,800 -36%
LNWWM
127
Laird Norton Wetherby Wealth Management
California
$368K
Janney Montgomery Scott
128
Janney Montgomery Scott
Pennsylvania
$364K +$31.9K +2,474 +10%
PNC Financial Services Group
129
PNC Financial Services Group
Pennsylvania
$356K -$10.2K -790 -3%
Manulife (Manufacturers Life Insurance)
130
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$336K +$6.82K +529 +2%
Prudential Financial
131
Prudential Financial
New Jersey
$334K
Stifel Financial
132
Stifel Financial
Missouri
$331K -$974K -75,549 -75%
CIBC Private Wealth Group
133
CIBC Private Wealth Group
Georgia
$331K +$51.4K +3,982 +19%
IA
134
IFP Advisors
Florida
$314K -$11.7K -908 -4%
VF
135
Virtu Financial
New York
$301K -$1.39M -107,626 -82%
KBC Group
136
KBC Group
Belgium
$300K
OC
137
Oppenheimer & Co
New York
$294K +$119K +9,200 +69%
BPCE
138
Bank Pictet & Cie (Europe)
Germany
$276K +$272K +21,053 New
AA
139
ALPS Advisors
Colorado
$273K +$269K +20,888 New
SB
140
Suntrust Banks
Georgia
$267K +$263K +20,414 New
CIBC Asset Management
141
CIBC Asset Management
Ontario, Canada
$265K -$33.7K -2,610 -11%
UBS AM
142
UBS AM
Illinois
$259K
Wolverine Trading
143
Wolverine Trading
Illinois
$258K
GGHC
144
Gilder Gagnon Howe & Co
New York
$255K -$10.3M -795,563 -98%
LCM
145
Laurion Capital Management
New York
$255K +$251K +19,500 New
LC
146
Lourd Capital
California
$254K -$2.75M -213,427 -92%
FRM
147
Fox Run Management
Connecticut
$253K +$250K +19,357 New
Northwestern Mutual Wealth Management
148
Northwestern Mutual Wealth Management
Wisconsin
$251K -$40.3K -3,126 -14%
BTNA
149
Bremer Trust National Association
Minnesota
$249K +$245K +19,000 New
WAM
150
Wolverine Asset Management
Illinois
$234K +$173K +13,408 +296%

SNAP Hedge Fund Activity: Q2 2018 in Review

340 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q2 2018, worth a combined $3.72B — down 13% from $4.25B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new SNAP positions and 73 closed out — a net gain of 7 holders — while 101 added to existing stakes and 61 trimmed.

The largest buyer was OppenheimerFunds, adding an estimated $303M. The largest seller was Coatue Management, exiting entirely with an estimated $323M sold.

  • 340 institutional investors held Snap (SNAP) as of Q2 2018, up from 335 in Q1 2018.
  • Funds reported $3.72B of Snap stock for Q2 2018, down 13% quarter-over-quarter.
  • 80 funds opened new Snap positions in Q2 2018 and 73 closed out, a net change of +7 holders.
  • The largest Snap buyer in Q2 2018 was OppenheimerFunds, an estimated $303M added.
  • The largest Snap seller in Q2 2018 was Coatue Management, an estimated $323M sold.

Based on aggregated 13F filings for Q2 2018.