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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
PRC
1001
Pearl River Capital
Michigan
-$1M -5,684 Closed
MCCP
1002
Mission Creek Capital Partners
California
-$917K -5,213 Closed
CAC
1003
Cowen and Company
New York
-$880K -5,000 Closed
TA
1004
Trivest Advisors
Hong Kong
-$880K -5,000 Closed
AR
1005
Advisory Research
Illinois
-$801K -4,552 Closed
SRAM
1006
Spouting Rock Asset Management
Pennsylvania
-$757K -4,301 Closed
CSS
1007
Cubist Systematic Strategies
Connecticut
-$681K -4,180 Closed
Capstone Investment Advisors
1008
Capstone Investment Advisors
New York
-$699K -3,973 Closed
SM
1009
Sciencast Management
New Jersey
-$664K -3,835 Closed
WAM
1010
WT Asset Management
Hong Kong
-$528K -3,000 Closed
DF
1011
Donoghue Forlines
Massachusetts
-$519K -2,951 Closed
EP
1012
Edgestream Partners
New Jersey
-$510K -2,899 Closed
CCMT
1013
CMT Capital Markets Trading
Germany
-$458K -2,810 Closed
RFMS
1014
RWQ Financial Management Services
Florida
-$488K -2,775 Closed
QPWM
1015
Quadrant Private Wealth Management
Pennsylvania
-$484K -2,748 Closed
SAS
1016
Stelac Advisory Services
New York
-$473K -2,686 Closed
G
1017
Gainplan
Michigan
-$449K -2,553 Closed
CG
1018
Carmignac Gestion
France
-$440K -2,500 Closed
LFM
1019
LGT Fund Management
Liechtenstein
-$407K -2,312 Closed
ALAM
1020
Asahi Life Asset Management
Japan
-$403K -2,290 Closed
BC
1021
Bridgefront Capital
Texas
-$375K -2,132 Closed
EC
1022
EJF Capital
Virginia
-$352K -2,000 Closed
KJHP
1023
K.J. Harrison & Partners
Ontario, Canada
-$351K -2,000 Closed
CH
1024
Canton Hathaway
Rhode Island
-$338K -1,919 Closed
AWM
1025
Avitas Wealth Management
California
-$305K -1,734 Closed

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.