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548 hedge funds and large institutions have $5.73B invested in Snap in 2025 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 175 increasing their positions, 164 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $703M | Put options by funds: $490M

15% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 79

1% more funds holding

Funds holding: 541548 (+7)

7% more repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 164

8.59% less ownership

Funds ownership: 60.35%51.75% (-8.6%)

23% less capital invested

Capital invested by funds: $7.45B → $5.73B (-$1.72B)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
548
Holders Change
+7
Holders Change %
+1.29%
% of All Funds
7.19%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
91
Increased
175
Reduced
164
Closed
79
Calls
$703M
Puts
$490M
Net Calls
+$213M
Net Calls Change
+$71.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$832M -$609M -73,464,807 -41%
Vanguard Group
2
Vanguard Group
Pennsylvania
$776M -$52.8M -6,361,427 -6%
Capital World Investors
3
Capital World Investors
California
$673M +$10.9M +1,316,448 +2%
BlackRock
4
BlackRock
New York
$309M -$3.98M -479,571 -1%
Capital International Investors
5
Capital International Investors
California
$291M +$796K +95,989 +0.3%
Two Sigma Investments
6
Two Sigma Investments
New York
$184M +$78.1M +9,420,545 +65%
Alyeska Investment Group
7
Alyeska Investment Group
Illinois
$177M +$190M +22,917,842 New
State Street
8
State Street
Massachusetts
$113M +$4.7M +566,600 +4%
Goldman Sachs
9
Goldman Sachs
New York
$112M -$35.8M -4,310,549 -23%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$100M +$5.68M +685,087 +6%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$96.9M +$52.6M +6,339,237 +102%
Voloridge Investment Management
12
Voloridge Investment Management
Florida
$79.4M +$29.7M +3,582,223 +53%
Millennium Management
13
Millennium Management
New York
$77.1M +$74.5M +8,978,630 +875%
CAM
14
Contour Asset Management
New York
$76M -$6.48M -781,000 -7%
Two Sigma Advisers
15
Two Sigma Advisers
New York
$74.4M +$5.94M +715,900 +8%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$71.1M +$49.4M +5,955,124 +182%
Jane Street
17
Jane Street
New York
$63.1M +$34M +4,097,374 +100%
Citadel Advisors
18
Citadel Advisors
Florida
$63.1M +$18.2M +2,199,825 +37%
Morgan Stanley
19
Morgan Stanley
New York
$62.6M -$13.8M -1,659,382 -17%
JP Morgan Chase
20
JP Morgan Chase
New York
$55.6M +$18M +2,174,131 +43%
Charles Schwab
21
Charles Schwab
California
$55.4M +$1.69M +203,284 +3%
SPC
22
Slate Path Capital
New York
$51.7M +$55.6M +6,706,200 New
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$47.2M +$11.1M +1,335,830 +28%
UBS Group
24
UBS Group
Switzerland
$46.5M -$34.7M -4,188,833 -41%
Bank of America
25
Bank of America
North Carolina
$44.5M -$330M -39,770,571 -87%

SNAP Hedge Fund Activity: Q3 2025 in Review

548 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Snap (SNAP) for Q3 2025, worth a combined $5.73B — down 23% from $7.45B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new SNAP positions and 79 closed out — a net gain of 12 holders — while 175 added to existing stakes and 164 trimmed.

The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $190M. The largest seller was Fidelity Investments, cutting an estimated $609M.

  • 548 institutional investors held Snap (SNAP) as of Q3 2025, up from 541 in Q2 2025.
  • Funds reported $5.73B of Snap stock for Q3 2025, down 23% quarter-over-quarter.
  • 91 funds opened new Snap positions in Q3 2025 and 79 closed out, a net change of +12 holders.
  • The largest Snap buyer in Q3 2025 was Alyeska Investment Group, an estimated $190M added.
  • The largest Snap seller in Q3 2025 was Fidelity Investments, an estimated $609M sold.

Based on aggregated 13F filings for Q3 2025.