Snowflake
SNOW
905 hedge funds and large institutions have $32.8B invested in Snowflake in 2023 Q1 according to their latest regulatory filings, with 124 funds opening new positions, 379 increasing their positions, 247 reducing their positions, and 99 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 379 | Existing positions reduced: 247
25% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 99
14% more call options, than puts
Call options by funds: $2.19B | Put options by funds: $1.92B
8% more capital invested
Capital invested by funds: $30.4B → $32.8B (+$2.45B)
1% more funds holding
Funds holding: 895 → 905 (+10)
0.34% less ownership
Funds ownership: 65.89% → 65.55% (-0.34%)
2% less funds holding in top 10
Funds holding in top 10: 53 → 52 (-1)
Top Buyers
Top Sellers
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
-$711M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$131M |
| 3 |
DCP
D1 Capital Partners
New York
|
-$122M |
| 4 |
FAM
Fred Alger Management
New York
|
-$117M |
| 5 |
SM
SCGE Management
Menlo Park,
California
|
-$104M |
SNOW Hedge Fund Activity: Q1 2023 in Review
905 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q1 2023, worth a combined $32.8B — up 8.1% from $30.4B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new SNOW positions and 99 closed out — a net gain of 25 holders — while 379 added to existing stakes and 247 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $591M. The largest seller was Iconiq Capital, cutting an estimated $711M.
- 905 institutional investors held Snowflake (SNOW) as of Q1 2023, up from 895 in Q4 2022.
- Funds reported $32.8B of Snowflake stock for Q1 2023, up 8.1% quarter-over-quarter.
- 124 funds opened new Snowflake positions in Q1 2023 and 99 closed out, a net change of +25 holders.
- The largest Snowflake buyer in Q1 2023 was Capital Research Global Investors, an estimated $591M added.
- The largest Snowflake seller in Q1 2023 was Iconiq Capital, an estimated $711M sold.
Based on aggregated 13F filings for Q1 2023.