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Snowflake

959 hedge funds and large institutions have $32.2B invested in Snowflake in 2023 Q3 according to their latest regulatory filings, with 112 funds opening new positions, 394 increasing their positions, 301 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more repeat investments, than reductions

Existing positions increased: 394 | Existing positions reduced: 301

0% less call options, than puts

Call options by funds: $2.21B | Put options by funds: $2.22B

4% less first-time investments, than exits

New positions opened: 112 | Existing positions closed: 117

1.68% less ownership

Funds ownership: 65.42%63.74% (-1.7%)

2% less funds holding

Funds holding: 977959 (-18)

13% less funds holding in top 10

Funds holding in top 10: 4741 (-6)

14% less capital invested

Capital invested by funds: $37.5B → $32.2B (-$5.34B)

Holders
959
Holders Change
-18
Holders Change %
-1.84%
% of All Funds
15.22%
Holding in Top 10
41
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-12.77%
% of All Funds
0.65%
New
112
Increased
394
Reduced
301
Closed
117
Calls
$2.21B
Puts
$2.22B
Net Calls
-$8.47M
Net Calls Change
+$23.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BL
676
Balentine LLC
Georgia
$286K -$15.5K -95 -5%
Squarepoint
677
Squarepoint
New York
$286K +$305K +1,872 New
FAIM
678
Financial Advocates Investment Management
Washington
$284K +$37.1K +228 +14%
WAM
679
Weiss Asset Management
Massachusetts
$283K -$148K -909 -33%
CWA
680
Clarity Wealth Advisors
California
$280K +$299K +1,834 New
GC
681
Garde Capital
Washington
$280K +$55.4K +340 +23%
Los Angeles Capital Management
682
Los Angeles Capital Management
California
$277K -$243K -1,495 -45%
ACM
683
Adalta Capital Management
New York
$276K
BHPW
684
Beverly Hills Private Wealth
California
$275K -$49.2K -302 -14%
PI
685
PFG Investments
New York
$274K +$62.5K +384 +27%
CGH
686
Crossmark Global Holdings
Texas
$273K -$8.14K -50 -3%
PCP
687
Proficio Capital Partners
Massachusetts
$272K +$22.1K +136 +8%
IGWM
688
ICA Group Wealth Management
Colorado
$270K +$106K +651 +58%
MIM
689
Moseley Investment Management
Florida
$268K -$2.77K -17 -1%
BP
690
Ballentine Partners
Massachusetts
$268K -$2.28K -14 -0.8%
NFSG
691
Newbridge Financial Services Group
Florida
$264K +$6.51K +40 +2%
MOS
692
MGO One Seven
Ohio
$264K +$281K +1,727 New
DGAM
693
Desjardins Global Asset Management
Quebec, Canada
$263K +$107K +659 +62%
GWSG
694
GPS Wealth Strategies Group
Colorado
$263K +$7K +43 +3%
EGA
695
E&G Advisors
Texas
$262K
LJAC
696
L.J. Altfest & Co
New York
$260K +$1.3K +8 +0.5%
PGWM
697
Parisi Gray Wealth Management
New Jersey
$260K +$277K +1,701 New
WCA
698
Westover Capital Advisors
Delaware
$260K
KBC
699
Key Bridge Compliance
$260K +$277K +1,700 New
GCM
700
Gables Capital Management
Florida
$254K +$118K +725 +77%

SNOW Hedge Fund Activity: Q3 2023 in Review

959 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q3 2023, worth a combined $32.2B — down 14% from $37.5B a quarter earlier.

Sellers outnumbered buyers: 117 funds closed out of SNOW and 112 opened new positions — a net loss of 5 holders — while 301 trimmed existing stakes and 394 added.

The largest buyer was Fidelity Investments, adding an estimated $244M. The largest seller was Capital Research Global Investors, cutting an estimated $727M.

  • 959 institutional investors held Snowflake (SNOW) as of Q3 2023, down from 977 in Q2 2023.
  • Funds reported $32.2B of Snowflake stock for Q3 2023, down 14% quarter-over-quarter.
  • 112 funds opened new Snowflake positions in Q3 2023 and 117 closed out, a net change of -5 holders.
  • The largest Snowflake buyer in Q3 2023 was Fidelity Investments, an estimated $244M added.
  • The largest Snowflake seller in Q3 2023 was Capital Research Global Investors, an estimated $727M sold.

Based on aggregated 13F filings for Q3 2023.