Snowflake
SNOW
1,113 hedge funds and large institutions have $33B invested in Snowflake in 2024 Q4 according to their latest regulatory filings, with 281 funds opening new positions, 373 increasing their positions, 337 reducing their positions, and 128 closing their positions.
120% more first-time investments, than exits
New positions opened: 281 | Existing positions closed: 128
43% more capital invested
Capital invested by funds: $23.1B → $33B (+$9.95B)
14% more funds holding
Funds holding: 980 → 1,113 (+133)
11% more repeat investments, than reductions
Existing positions increased: 373 | Existing positions reduced: 337
9% more funds holding in top 10
Funds holding in top 10: 32 → 35 (+3)
4.26% more ownership
Funds ownership: 60.04% → 64.3% (+4.3%)
7% more call options, than puts
Call options by funds: $4.06B | Put options by funds: $3.8B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$684M |
| 2 |
Jennison Associates
New York
|
+$516M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$395M |
| 4 |
BlackRock
New York
|
+$336M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$310M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$517M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$276M |
| 3 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$228M |
| 4 |
SUT
SC US (TTGP)
Menlo Park,
California
|
-$217M |
| 5 |
Morgan Stanley
New York
|
-$207M |
SNOW Hedge Fund Activity: Q4 2024 in Review
1,113 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q4 2024, worth a combined $33B — up 43% from $23.1B a quarter earlier.
Buyers outnumbered sellers: 281 funds opened new SNOW positions and 128 closed out — a net gain of 153 holders — while 373 added to existing stakes and 337 trimmed.
The largest buyer was GQG Partners, opening a new position worth an estimated $684M. The largest seller was Altimeter Capital Management, cutting an estimated $517M.
- 1,113 institutional investors held Snowflake (SNOW) as of Q4 2024, up from 980 in Q3 2024.
- Funds reported $33B of Snowflake stock for Q4 2024, up 43% quarter-over-quarter.
- 281 funds opened new Snowflake positions in Q4 2024 and 128 closed out, a net change of +153 holders.
- The largest Snowflake buyer in Q4 2024 was GQG Partners, an estimated $684M added.
- The largest Snowflake seller in Q4 2024 was Altimeter Capital Management, an estimated $517M sold.
Based on aggregated 13F filings for Q4 2024.