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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
Toronto Dominion Bank
201
Toronto Dominion Bank
Ontario, Canada
$8.91M -$3.05M -18,759 -24%
CIBC Private Wealth Group
202
CIBC Private Wealth Group
Georgia
$8.37M -$1.42M -8,709 -14%
CFM
203
Comprehensive Financial Management
California
$8.35M
BJL
204
Brighton Jones LLC
Washington
$8.33M +$264K +1,620 +3%
WEO
205
William E. Oberndorf
$8.3M -$1.25M -7,701 -12%
DS
206
DRW Securities
Illinois
$8.19M +$2.45M +15,020 +39%
Commonwealth Equity Services
207
Commonwealth Equity Services
Massachusetts
$8.15M +$509K +3,124 +6%
CTC (Chicago Trading Company)
208
CTC (Chicago Trading Company)
Illinois
$8.09M +$8.62M +52,963 New
Truist Financial
209
Truist Financial
North Carolina
$8.02M +$3.89M +23,892 +84%
II
210
IFM Investors
Australia
$7.92M +$231K +1,419 +3%
SSA
211
Schonfeld Strategic Advisors
New York
$7.7M -$23.6K -145 -0.3%
UIM
212
USS Investment Management
United Kingdom
$7.69M +$288K +1,766 +4%
IMPI
213
Ilmarinen Mutual Pension Insurance
Finland
$7.64M
IUHSA
214
Itau Unibanco Holding S.A.
Brazil
$7.62M +$2.61M +16,047 +47%
CFB
215
Cullen/Frost Bankers
Texas
$7.57M -$271K -1,665 -3%
LIP
216
Liontrust Investment Partners
United Kingdom
$7.49M +$814K +5,000 +11%
GIM
217
Growth Interface Management
Florida
$7.33M -$11.7M -72,000 -60%
Cambridge Investment Research Advisors
218
Cambridge Investment Research Advisors
Iowa
$7.24M -$58.9K -362 -0.8%
Assenagon Asset Management
219
Assenagon Asset Management
Luxembourg
$7.21M +$2.32M +14,242 +43%
ECM
220
ExodusPoint Capital Management
New York
$7.13M -$1.41M -8,644 -16%
TRSOTSOK
221
Teachers Retirement System of the State of Kentucky
Kentucky
$7.12M -$4.81M -29,526 -39%
Northwestern Mutual Wealth Management
222
Northwestern Mutual Wealth Management
Wisconsin
$6.99M +$1.16M +7,102 +18%
CAM
223
ClariVest Asset Management
California
$6.86M -$516K -3,169 -7%
X
224
Xponance
Pennsylvania
$6.78M +$121K +742 +2%
CC
225
Carlson Capital
Texas
$6.68M +$7.12M +43,700 New

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.