Snap
SNAP
542 hedge funds and large institutions have $7.45B invested in Snap in 2025 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 184 increasing their positions, 175 reducing their positions, and 85 closing their positions.
48% more call options, than puts
Call options by funds: $435M | Put options by funds: $293M
5% more repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 175
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $7.77B → $7.45B (-$324M)
1.7% less ownership
Funds ownership: 62.04% → 60.35% (-1.7%)
4% less funds holding
Funds holding: 567 → 542 (-25)
20% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
+$88.3M |
| 2 |
Two Sigma Investments
New York
|
+$76M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$55.8M |
| 4 |
Renaissance Technologies
New York
|
+$45.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$41.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SRS Investment Management
New York
|
-$342M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$213M |
| 3 |
Goldman Sachs
New York
|
-$114M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$59.6M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$52.4M |
SNAP Hedge Fund Activity: Q2 2025 in Review
542 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q2 2025, worth a combined $7.45B — down 4.2% from $7.77B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of SNAP and 68 opened new positions — a net loss of 17 holders — while 175 trimmed existing stakes and 184 added.
The largest buyer was Contour Asset Management, opening a new position worth an estimated $88.3M. The largest seller was SRS Investment Management, cutting an estimated $342M.
- 542 institutional investors held Snap (SNAP) as of Q2 2025, down from 567 in Q1 2025.
- Funds reported $7.45B of Snap stock for Q2 2025, down 4.2% quarter-over-quarter.
- 68 funds opened new Snap positions in Q2 2025 and 85 closed out, a net change of -17 holders.
- The largest Snap buyer in Q2 2025 was Contour Asset Management, an estimated $88.3M added.
- The largest Snap seller in Q2 2025 was SRS Investment Management, an estimated $342M sold.
Based on aggregated 13F filings for Q2 2025.