Snap
SNAP
638 hedge funds and large institutions have $39B invested in Snap in 2020 Q4 according to their latest regulatory filings, with 213 funds opening new positions, 186 increasing their positions, 165 reducing their positions, and 67 closing their positions.
218% more first-time investments, than exits
New positions opened: 213 | Existing positions closed: 67
110% more capital invested
Capital invested by funds: $18.5B → $39B (+$20.4B)
100% more funds holding in top 10
Funds holding in top 10: 17 → 34 (+17)
28% more funds holding
Funds holding: 500 → 638 (+138)
13% more repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 165
3.52% more ownership
Funds ownership: 58.72% → 62.23% (+3.5%)
11% less call options, than puts
Call options by funds: $3.22B | Put options by funds: $3.63B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$810M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$522M |
| 3 |
JP Morgan Chase
New York
|
+$467M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$461M |
| 5 |
D.E. Shaw & Co
New York
|
+$362M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
-$543M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$436M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$275M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$254M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$158M |
SNAP Hedge Fund Activity: Q4 2020 in Review
638 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q4 2020, worth a combined $39B — up 110% from $18.5B a quarter earlier.
Buyers outnumbered sellers: 213 funds opened new SNAP positions and 67 closed out — a net gain of 146 holders — while 186 added to existing stakes and 165 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $810M. The largest seller was Edgewood Management, cutting an estimated $543M.
- 638 institutional investors held Snap (SNAP) as of Q4 2020, up from 500 in Q3 2020.
- Funds reported $39B of Snap stock for Q4 2020, up 110% quarter-over-quarter.
- 213 funds opened new Snap positions in Q4 2020 and 67 closed out, a net change of +146 holders.
- The largest Snap buyer in Q4 2020 was Lone Pine Capital, an estimated $810M added.
- The largest Snap seller in Q4 2020 was Edgewood Management, an estimated $543M sold.
Based on aggregated 13F filings for Q4 2020.