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Snowflake

1,341 hedge funds and large institutions have $54.3B invested in Snowflake in 2025 Q3 according to their latest regulatory filings, with 183 funds opening new positions, 561 increasing their positions, 407 reducing their positions, and 124 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more first-time investments, than exits

New positions opened: 183 | Existing positions closed: 124

38% more repeat investments, than reductions

Existing positions increased: 561 | Existing positions reduced: 407

20% more call options, than puts

Call options by funds: $5.14B | Put options by funds: $4.27B

3% more funds holding

Funds holding: 1,2991,341 (+42)

1.02% more ownership

Funds ownership: 70.07%71.09% (+1%)

4% more capital invested

Capital invested by funds: $52.3B → $54.3B (+$2.02B)

33% less funds holding in top 10

Funds holding in top 10: 4530 (-15)

Holders
1,341
Holders Change
+42
Holders Change %
+3.23%
% of All Funds
17.6%
Holding in Top 10
30
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-33.33%
% of All Funds
0.39%
New
183
Increased
561
Reduced
407
Closed
124
Calls
$5.14B
Puts
$4.27B
Net Calls
+$862M
Net Calls Change
-$102M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Nova Scotia
151
Bank of Nova Scotia
Ontario, Canada
$35.1M -$14M -65,066 -29%
Aberdeen Group
152
Aberdeen Group
United Kingdom
$34.6M +$18.6M +86,475 +129%
PCM
153
Penserra Capital Management
California
$34.6M +$8.14M +37,911 +33%
GC
154
Guggenheim Capital
Illinois
$34.5M +$969K +4,512 +3%
CM
155
Castleark Management
Illinois
$33.4M -$1.16M -5,420 -4%
Zurich Cantonal Bank
156
Zurich Cantonal Bank
Switzerland
$33.3M -$1.66M -7,716 -5%
AG
157
Avala Global
New York
$33.1M +$31.5M +146,800 New
MCP
158
Meridiem Capital Partners
Texas
$32.2M +$30.7M +142,864 New
AGAM
159
Avalon Global Asset Management
California
$32.1M +$3.44M +16,000 +13%
Prudential Financial
160
Prudential Financial
New Jersey
$32.1M -$84.7M -394,372 -73%
Credit Agricole
161
Credit Agricole
France
$32.1M +$30.5M +142,111 New
Treasurer of the State of North Carolina
162
Treasurer of the State of North Carolina
North Carolina
$31.7M -$1.18M -5,474 -4%
Royal London Asset Management
163
Royal London Asset Management
United Kingdom
$31.5M -$514K -2,395 -2%
Parallax Volatility Advisers
164
Parallax Volatility Advisers
California
$31.3M +$29.8M +138,959 New
TD Asset Management
165
TD Asset Management
Ontario, Canada
$31M +$12.5M +58,283 +74%
OMG
166
One Madison Group
New York
$30.4M +$4.59M +21,358 +19%
Mitsubishi UFJ Trust & Banking
167
Mitsubishi UFJ Trust & Banking
Japan
$30.1M -$1.53M -7,115 -5%
Asset Management One
168
Asset Management One
Japan
$29.6M +$215K +1,003 +0.8%
Cerity Partners
169
Cerity Partners
New York
$29.5M +$3.28M +15,254 +13%
GPTE
170
Generali Powszechne Towarzystwo Emerytalne
Poland
$29.5M
Cetera Investment Advisers
171
Cetera Investment Advisers
Illinois
$29.4M +$4.83M +22,516 +21%
DnB Asset Management
172
DnB Asset Management
Norway
$29.2M +$15.2M +70,964 +121%
TI
173
Tidal Investments
Wisconsin
$28.7M +$17.9M +83,400 +190%
Ohio Public Employees Retirement System (OPERS)
174
Ohio Public Employees Retirement System (OPERS)
Ohio
$28.2M -$566K -2,634 -2%
BPA
175
Beacon Pointe Advisors
California
$28.2M +$1.23M +5,711 +5%

SNOW Hedge Fund Activity: Q3 2025 in Review

1,341 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q3 2025, worth a combined $54.3B — up 3.9% from $52.3B a quarter earlier.

Buyers outnumbered sellers: 183 funds opened new SNOW positions and 124 closed out — a net gain of 59 holders — while 561 added to existing stakes and 407 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $665M. The largest seller was Two Sigma Advisers, cutting an estimated $450M.

  • 1,341 institutional investors held Snowflake (SNOW) as of Q3 2025, up from 1,299 in Q2 2025.
  • Funds reported $54.3B of Snowflake stock for Q3 2025, up 3.9% quarter-over-quarter.
  • 183 funds opened new Snowflake positions in Q3 2025 and 124 closed out, a net change of +59 holders.
  • The largest Snowflake buyer in Q3 2025 was Fidelity Investments, an estimated $665M added.
  • The largest Snowflake seller in Q3 2025 was Two Sigma Advisers, an estimated $450M sold.

Based on aggregated 13F filings for Q3 2025.