Snowflake
SNOW
463 hedge funds and large institutions have $22.1B invested in Snowflake in 2020 Q4 according to their latest regulatory filings, with 211 funds opening new positions, 139 increasing their positions, 59 reducing their positions, and 83 closing their positions.
154% more first-time investments, than exits
New positions opened: 211 | Existing positions closed: 83
136% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 59
37% more funds holding
Funds holding: 337 → 463 (+126)
33% more capital invested
Capital invested by funds: $16.6B → $22.1B (+$5.46B)
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
12% less call options, than puts
Call options by funds: $1.11B | Put options by funds: $1.27B
27.98% less ownership
Funds ownership: 183.02% → 155.04% (-28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$2.58B |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
+$2.4B |
| 3 |
Morgan Stanley
New York
|
+$1.44B |
| 4 |
Jennison Associates
New York
|
+$1.03B |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$315M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SUT
SC US (TTGP)
Menlo Park,
California
|
-$4.38B |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$291M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$199M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$183M |
| 5 |
Sands Capital Management
Arlington,
Virginia
|
-$133M |
SNOW Hedge Fund Activity: Q4 2020 in Review
463 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q4 2020, worth a combined $22.1B — up 33% from $16.6B a quarter earlier.
Buyers outnumbered sellers: 211 funds opened new SNOW positions and 83 closed out — a net gain of 128 holders — while 139 added to existing stakes and 59 trimmed.
The largest buyer was Altimeter Capital Management, adding an estimated $2.58B. The largest seller was SC US (TTGP), exiting entirely with an estimated $4.38B sold.
- 463 institutional investors held Snowflake (SNOW) as of Q4 2020, up from 337 in Q3 2020.
- Funds reported $22.1B of Snowflake stock for Q4 2020, up 33% quarter-over-quarter.
- 211 funds opened new Snowflake positions in Q4 2020 and 83 closed out, a net change of +128 holders.
- The largest Snowflake buyer in Q4 2020 was Altimeter Capital Management, an estimated $2.58B added.
- The largest Snowflake seller in Q4 2020 was SC US (TTGP), an estimated $4.38B sold.
Based on aggregated 13F filings for Q4 2020.