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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
VA
176
Vident Advisory
Georgia
$955K +$1.12M +107,171 New
SMA
177
Seven Mile Advisory
New Jersey
$934K +$248K +23,705 +29%
BZWA
178
Blue Zone Wealth Advisors
California
$924K
SIG
179
Stonegate Investment Group
Alabama
$922K -$4.18K -400 -0.4%
Truist Financial
180
Truist Financial
North Carolina
$913K +$136K +13,059 +15%
Commonwealth Equity Services
181
Commonwealth Equity Services
Massachusetts
$910K -$252K -24,100 -19%
OQS
182
Occudo Quantitative Strategies
Florida
$896K +$281K +26,875 +36%
WCM
183
Westerly Capital Management
California
$891K -$4.18M -400,000 -80%
AGC
184
Aspen Grove Capital
Colorado
$875K
Daiwa Securities Group
185
Daiwa Securities Group
Japan
$865K +$274K +26,175 +37%
MTIM
186
Marathon Trading Investment Management
Pennsylvania
$847K -$299K -28,610 -23%
GIBU
187
Gulf International Bank (UK)
United Kingdom
$827K -$81.4K -7,792 -8%
BCIM
188
British Columbia Investment Management
British Columbia, Canada
$823K +$26.8K +2,563 +3%
EMPI
189
Elo Mutual Pension Insurance
Finland
$758K +$29.8K +2,850 +3%
IIM
190
INTECH Investment Management
Florida
$728K +$275K +26,318 +47%
ECU
191
Eisler Capital (UK)
United Kingdom
$711K +$834K +79,813 New
Teacher Retirement System of Texas
192
Teacher Retirement System of Texas
Texas
$701K +$36.1K +3,459 +5%
BAM
193
Blueshift Asset Management
New Jersey
$700K +$7.33K +701 +0.9%
HighTower Advisors
194
HighTower Advisors
Illinois
$690K -$8.29M -793,428 -91%
Nordea Investment Management
195
Nordea Investment Management
Sweden
$689K
GC
196
Guggenheim Capital
Illinois
$663K +$322K +30,853 +71%
MSR
197
Main Street Research
Connecticut
$661K
SMDAM
198
Sumitomo Mitsui DS Asset Management
Japan
$657K -$3.2K -306 -0.4%
AA
199
ALPS Advisors
Colorado
$647K +$174K +16,622 +30%
Janus Henderson Group
200
Janus Henderson Group
United Kingdom
$642K -$92.3K -8,831 -11%

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.