Snap
SNAP
556 hedge funds and large institutions have $8.53B invested in Snap in 2023 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 157 increasing their positions, 171 reducing their positions, and 86 closing their positions.
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
33% more call options, than puts
Call options by funds: $798M | Put options by funds: $601M
13% more capital invested
Capital invested by funds: $7.53B → $8.53B (+$994M)
2.91% more ownership
Funds ownership: 50.55% → 53.47% (+2.9%)
8% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 171
3% less funds holding
Funds holding: 571 → 556 (-15)
12% less first-time investments, than exits
New positions opened: 76 | Existing positions closed: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SRS Investment Management
New York
|
+$529M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$198M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$79.3M |
| 4 |
Amundi
Paris,
France
|
+$50.1M |
| 5 |
SG Americas Securities
New York
|
+$34.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$134M |
| 2 |
Millennium Management
New York
|
-$75.1M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$46.7M |
| 4 |
Holocene Advisors
New York
|
-$41.7M |
| 5 |
Two Sigma Investments
New York
|
-$31.4M |
SNAP Hedge Fund Activity: Q2 2023 in Review
556 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q2 2023, worth a combined $8.53B — up 13% from $7.53B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of SNAP and 76 opened new positions — a net loss of 10 holders — while 171 trimmed existing stakes and 157 added.
The largest buyer was SRS Investment Management, opening a new position worth an estimated $529M. The largest seller was JP Morgan Chase, cutting an estimated $134M.
- 556 institutional investors held Snap (SNAP) as of Q2 2023, down from 571 in Q1 2023.
- Funds reported $8.53B of Snap stock for Q2 2023, up 13% quarter-over-quarter.
- 76 funds opened new Snap positions in Q2 2023 and 86 closed out, a net change of -10 holders.
- The largest Snap buyer in Q2 2023 was SRS Investment Management, an estimated $529M added.
- The largest Snap seller in Q2 2023 was JP Morgan Chase, an estimated $134M sold.
Based on aggregated 13F filings for Q2 2023.