We are live on ! Find out more
SNOW icon

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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
1,154
Holders Change
+41
Holders Change %
+3.68%
% of All Funds
15.48%
Holding in Top 10
31
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-11.43%
% of All Funds
0.42%
New
196
Increased
485
Reduced
323
Closed
135
Calls
$3.19B
Puts
$3.06B
Net Calls
+$127M
Net Calls Change
-$136M

Top Buyers

1
JP Morgan Chase
JP Morgan Chase
New York
+$902M
2
Artisan Partners
Artisan Partners
Wisconsin
+$635M
3
N
Nuveen
North Carolina
+$486M
4
AQR Capital Management
AQR Capital Management
Connecticut
+$418M
5
BlackRock
BlackRock
New York
+$291M

Top Sellers

1
SUT
SC US (TTGP)
California
-$919M
2
GQG Partners
GQG Partners
Florida
-$751M
3
Sands Capital Management
Sands Capital Management
Virginia
-$394M
4
Norges Bank
Norges Bank
Norway
-$393M
5
ACM
Altimeter Capital Management
Massachusetts
-$345M
Name Holding Trade Value Shares
Change 		Change in
Stake
BAMCO Inc
76
BAMCO Inc
New York
$60.7M +$23.2M +136,818 +49%
CCM
77
Candlestick Capital Management
Connecticut
$60M +$47.5M +279,996 +215%
New York State Common Retirement Fund
78
New York State Common Retirement Fund
New York
$58.9M +$4.27M +25,141 +7%
Squarepoint
79
Squarepoint
New York
$56.8M +$40.7M +239,894 +161%
Raymond James Financial
80
Raymond James Financial
Florida
$55.9M -$71.8M -423,086 -53%
Millennium Management
81
Millennium Management
New York
$55.9M -$38.3M -225,759 -37%
Ensign Peak Advisors
82
Ensign Peak Advisors
Utah
$55.3M +$41.7M +245,490 +185%
Dimensional Fund Advisors
83
Dimensional Fund Advisors
Texas
$54.8M +$6.31M +37,206 +11%
RhumbLine Advisers
84
RhumbLine Advisers
Massachusetts
$53.5M -$1.86M -10,965 -3%
SPPAM
85
Summit Partners Public Asset Management
Massachusetts
$53.2M -$8M -47,155 -11%
ARAM
86
Ardmore Road Asset Management
New York
$52.6M +$40.7M +240,000 +200%
Robeco Institutional Asset Management
87
Robeco Institutional Asset Management
Netherlands
$52.4M +$55.2M +325,156 +973%
NC
88
Nicholas Company
Wisconsin
$48.2M +$6.13M +36,129 +12%
Chevy Chase Trust
89
Chevy Chase Trust
Maryland
$48.2M +$18.4M +108,310 +49%
Canada Pension Plan Investment Board
90
Canada Pension Plan Investment Board
Ontario, Canada
$47.7M +$9.72M +57,253 +21%
Canada Life
91
Canada Life
Manitoba, Canada
$47.4M -$5.93M -34,963 -10%
PCM
92
Peregrine Capital Management
Minnesota
$45.8M -$1.95M -11,474 -4%
State Board of Administration of Florida Retirement System
93
State Board of Administration of Florida Retirement System
Florida
$45.7M -$504K -2,970 -0.9%
ZCI
94
Zevenbergen Capital Investments
Washington
$45.3M +$9.86M +58,078 +23%
Mitsubishi UFJ Asset Management
95
Mitsubishi UFJ Asset Management
Japan
$44.5M +$6.34M +37,340 +14%
AllianceBernstein
96
AllianceBernstein
Tennessee
$44.2M +$3.29M +19,403 +7%
MGM
97
Manchester Global Management
United Kingdom
$43.9M +$11.4M +66,900 +29%
Envestnet Asset Management
98
Envestnet Asset Management
Illinois
$43.1M +$5.41M +31,908 +12%
TAM
99
Thematics Asset Management
France
$42.9M +$2.02M +11,887 +4%
ZIG
100
Zurich Insurance Group
Switzerland
$41.4M +$48M +282,943 New
2 3
4
5 6

SNOW Hedge Fund Activity: Q1 2025 in Review

1,154 of the 7,457 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.