Snap
SNAP
291 hedge funds and large institutions have $3.34B invested in Snap in 2017 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 110 increasing their positions, 44 reducing their positions, and 48 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 44
63% more funds holding in top 10
Funds holding in top 10: 8 → 13 (+5)
46% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 48
8% more funds holding
Funds holding: 270 → 291 (+21)
0.8% less ownership
Funds ownership: 29.17% → 28.37% (-0.8%)
5% less capital invested
Capital invested by funds: $3.52B → $3.34B (-$174M)
51% less call options, than puts
Call options by funds: $205M | Put options by funds: $418M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
+$206M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$166M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$106M |
| 4 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
+$88.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$82.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$502M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$130M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$38.1M |
| 4 |
JG
Jefferies Group
New York
|
-$29.9M |
| 5 |
SFM
Soros Fund Management
New York
|
-$27.5M |
SNAP Hedge Fund Activity: Q3 2017 in Review
291 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q3 2017, worth a combined $3.34B — down 4.9% from $3.52B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new SNAP positions and 48 closed out — a net gain of 22 holders — while 110 added to existing stakes and 44 trimmed.
The largest buyer was Tybourne Capital Management, opening a new position worth an estimated $206M. The largest seller was T. Rowe Price Associates, cutting an estimated $502M.
- 291 institutional investors held Snap (SNAP) as of Q3 2017, up from 270 in Q2 2017.
- Funds reported $3.34B of Snap stock for Q3 2017, down 4.9% quarter-over-quarter.
- 70 funds opened new Snap positions in Q3 2017 and 48 closed out, a net change of +22 holders.
- The largest Snap buyer in Q3 2017 was Tybourne Capital Management, an estimated $206M added.
- The largest Snap seller in Q3 2017 was T. Rowe Price Associates, an estimated $502M sold.
Based on aggregated 13F filings for Q3 2017.