Snowflake
SNOW
1,154 hedge funds and large institutions have $31.5B invested in Snowflake in 2025 Q1 according to their latest regulatory filings, with 196 funds opening new positions, 485 increasing their positions, 323 reducing their positions, and 135 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 485 | Existing positions reduced: 323
45% more first-time investments, than exits
New positions opened: 196 | Existing positions closed: 135
4% more funds holding
Funds holding: 1,113 → 1,154 (+41)
4% more call options, than puts
Call options by funds: $3.19B | Put options by funds: $3.06B
0.3% more ownership
Funds ownership: 64.3% → 64.61% (+0.3%)
5% less capital invested
Capital invested by funds: $33B → $31.5B (-$1.49B)
11% less funds holding in top 10
Funds holding in top 10: 35 → 31 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$902M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$635M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$486M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$418M |
| 5 |
BlackRock
New York
|
+$291M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SUT
SC US (TTGP)
Menlo Park,
California
|
-$919M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$751M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
-$394M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$393M |
| 5 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$345M |
SNOW Hedge Fund Activity: Q1 2025 in Review
1,154 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q1 2025, worth a combined $31.5B — down 4.5% from $33B a quarter earlier.
Buyers outnumbered sellers: 196 funds opened new SNOW positions and 135 closed out — a net gain of 61 holders — while 485 added to existing stakes and 323 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $902M. The largest seller was SC US (TTGP), exiting entirely with an estimated $919M sold.
- 1,154 institutional investors held Snowflake (SNOW) as of Q1 2025, up from 1,113 in Q4 2024.
- Funds reported $31.5B of Snowflake stock for Q1 2025, down 4.5% quarter-over-quarter.
- 196 funds opened new Snowflake positions in Q1 2025 and 135 closed out, a net change of +61 holders.
- The largest Snowflake buyer in Q1 2025 was JP Morgan Chase, an estimated $902M added.
- The largest Snowflake seller in Q1 2025 was SC US (TTGP), an estimated $919M sold.
Based on aggregated 13F filings for Q1 2025.