Snap
SNAP
319 hedge funds and large institutions have $2.64B invested in Snap in 2018 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 107 increasing their positions, 66 reducing their positions, and 69 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 66
2.23% more ownership
Funds ownership: 30.14% → 32.37% (+2.2%)
6% less funds holding
Funds holding: 340 → 319 (-21)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
28% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 69
29% less capital invested
Capital invested by funds: $3.72B → $2.64B (-$1.07B)
54% less call options, than puts
Call options by funds: $331M | Put options by funds: $724M
Top Buyers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$200M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$124M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$103M |
| 4 |
SPC
Slate Path Capital
New York
|
+$101M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$95.1M |
Top Sellers
| 1 |
O
OppenheimerFunds
New York
|
-$191M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$161M |
| 3 |
Morgan Stanley
New York
|
-$150M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.8M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$34.9M |
SNAP Hedge Fund Activity: Q3 2018 in Review
319 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q3 2018, worth a combined $2.64B — down 29% from $3.72B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of SNAP and 50 opened new positions — a net loss of 19 holders — while 66 trimmed existing stakes and 107 added.
The largest buyer was Vanguard Group, adding an estimated $200M. The largest seller was OppenheimerFunds, cutting an estimated $191M.
- 319 institutional investors held Snap (SNAP) as of Q3 2018, down from 340 in Q2 2018.
- Funds reported $2.64B of Snap stock for Q3 2018, down 29% quarter-over-quarter.
- 50 funds opened new Snap positions in Q3 2018 and 69 closed out, a net change of -19 holders.
- The largest Snap buyer in Q3 2018 was Vanguard Group, an estimated $200M added.
- The largest Snap seller in Q3 2018 was OppenheimerFunds, an estimated $191M sold.
Based on aggregated 13F filings for Q3 2018.