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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
VF
176
Virtu Financial
New York
$11.9M +$12.3M +75,613 +3,527%
AGAM
177
Avalon Global Asset Management
California
$11.5M +$4.07M +25,000 +50%
MAM
178
Melqart Asset Management
United Kingdom
$11.4M +$12.2M +74,911 New
VC
179
Vestor Capital
Illinois
$11.4M +$3.02M +18,555 +33%
ASRS
180
Arizona State Retirement System
Arizona
$11.3M -$85.2K -523 -0.7%
KeyBank National Association
181
KeyBank National Association
Ohio
$11M +$470K +2,884 +4%
SFM
182
Soros Fund Management
New York
$11M +$11.7M +71,800 New
HIC
183
Hartline Investment Corp
Illinois
$10.9M +$102K +624 +0.9%
AQR Capital Management
184
AQR Capital Management
Connecticut
$10.8M +$5.82M +35,738 +101%
VMPIC
185
Varma Mutual Pension Insurance Co
Finland
$10.7M
CI
186
Carroll Investors
South Carolina
$10.7M +$1.14M +6,998 +11%
LGF
187
LGT Group Foundation
Liechtenstein
$10.4M +$3.55M +21,821 +46%
KFC
188
Klingenstein Fields & Co
New York
$10.2M +$581K +3,568 +6%
GC
189
Gratus Capital
Georgia
$10.1M -$21.5K -132 -0.2%
ACM
190
Arthedge Capital Management
New York
$9.79M
OCM
191
Oribel Capital Management
New York
$9.73M +$10.4M +63,700 New
PA
192
Pinnacle Associates
New York
$9.66M -$5.7K -35 -0.1%
DnB Asset Management
193
DnB Asset Management
Norway
$9.63M +$2.19M +13,457 +27%
Handelsbanken Fonder
194
Handelsbanken Fonder
Sweden
$9.26M +$187K +1,149 +2%
JMPWA
195
JP Morgan Private Wealth Advisors
California
$9.06M +$276K +1,696 +3%
Zurich Cantonal Bank
196
Zurich Cantonal Bank
Switzerland
$9.05M +$363K +2,232 +4%
JCM
197
Janney Capital Management
Pennsylvania
$8.97M -$59.3K -364 -0.6%
Skandinaviska Enskilda Banken (SEB)
198
Skandinaviska Enskilda Banken (SEB)
Sweden
$8.93M +$259K +1,591 +3%
FAF
199
Fjarde Ap-fonden
Sweden
$8.92M +$32.6K +200 +0.3%
FAF
200
Första AP-fonden
Sweden
$8.91M -$130K -800 -1%

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.