Snap
SNAP
571 hedge funds and large institutions have $7.53B invested in Snap in 2023 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 149 increasing their positions, 195 reducing their positions, and 80 closing their positions.
24% more capital invested
Capital invested by funds: $6.06B → $7.53B (+$1.48B)
3% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 80
0.69% more ownership
Funds ownership: 49.86% → 50.55% (+0.69%)
2% less funds holding
Funds holding: 580 → 571 (-9)
10% less call options, than puts
Call options by funds: $627M | Put options by funds: $698M
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
24% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 195
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$114M |
| 2 |
Two Sigma Advisers
New York
|
+$61.7M |
| 3 |
Millennium Management
New York
|
+$61.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$57.7M |
| 5 |
Holocene Advisors
New York
|
+$48.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$81.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$75.6M |
| 3 |
Jane Street
New York
|
-$57.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$39M |
| 5 |
Renaissance Technologies
New York
|
-$32.4M |
SNAP Hedge Fund Activity: Q1 2023 in Review
571 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q1 2023, worth a combined $7.53B — up 24% from $6.06B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new SNAP positions and 80 closed out — a net gain of 2 holders — while 149 added to existing stakes and 195 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $114M. The largest seller was Fidelity Investments, cutting an estimated $81.3M.
- 571 institutional investors held Snap (SNAP) as of Q1 2023, down from 580 in Q4 2022.
- Funds reported $7.53B of Snap stock for Q1 2023, up 24% quarter-over-quarter.
- 82 funds opened new Snap positions in Q1 2023 and 80 closed out, a net change of +2 holders.
- The largest Snap buyer in Q1 2023 was JP Morgan Chase, an estimated $114M added.
- The largest Snap seller in Q1 2023 was Fidelity Investments, an estimated $81.3M sold.
Based on aggregated 13F filings for Q1 2023.