Snowflake
SNOW
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.
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: 977 → 959 (-18)
13% less funds holding in top 10
Funds holding in top 10: 47 → 41 (-6)
14% less capital invested
Capital invested by funds: $37.5B → $32.2B (-$5.34B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$244M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$241M |
| 3 |
Holocene Advisors
New York
|
+$206M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$121M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$727M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$255M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$199M |
| 4 |
IC
Iconiq Capital
San Francisco,
California
|
-$185M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$88.6M |
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.