Snap
SNAP
406 hedge funds and large institutions have $5.34B invested in Snap in 2019 Q2 according to their latest regulatory filings, with 121 funds opening new positions, 112 increasing their positions, 72 reducing their positions, and 58 closing their positions.
109% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 58
56% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 72
37% more capital invested
Capital invested by funds: $3.9B → $5.34B (+$1.43B)
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
18% more call options, than puts
Call options by funds: $835M | Put options by funds: $707M
17% more funds holding
Funds holding: 346 → 406 (+60)
1.16% more ownership
Funds ownership: 33.87% → 35.02% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$191M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$77.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$73.9M |
| 4 |
HCM
Hitchwood Capital Management
New York
|
+$73.4M |
| 5 |
BlackRock
New York
|
+$68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$276M |
| 2 |
TCM
Tybourne Capital Management
Hong Kong
|
-$212M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$102M |
| 4 |
Holocene Advisors
New York
|
-$59.2M |
| 5 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$51.2M |
SNAP Hedge Fund Activity: Q2 2019 in Review
406 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q2 2019, worth a combined $5.34B — up 37% from $3.9B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new SNAP positions and 58 closed out — a net gain of 63 holders — while 112 added to existing stakes and 72 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $191M. The largest seller was Bank of America, cutting an estimated $276M.
- 406 institutional investors held Snap (SNAP) as of Q2 2019, up from 346 in Q1 2019.
- Funds reported $5.34B of Snap stock for Q2 2019, up 37% quarter-over-quarter.
- 121 funds opened new Snap positions in Q2 2019 and 58 closed out, a net change of +63 holders.
- The largest Snap buyer in Q2 2019 was Jericho Capital Asset Management, an estimated $191M added.
- The largest Snap seller in Q2 2019 was Bank of America, an estimated $276M sold.
Based on aggregated 13F filings for Q2 2019.