Snowflake
SNOW
1,051 hedge funds and large institutions have $27.7B invested in Snowflake in 2024 Q2 according to their latest regulatory filings, with 149 funds opening new positions, 441 increasing their positions, 328 reducing their positions, and 178 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 441 | Existing positions reduced: 328
0.02% more ownership
Funds ownership: 61.24% → 61.26% (+0.02%)
3% less funds holding in top 10
Funds holding in top 10: 35 → 34 (-1)
4% less funds holding
Funds holding: 1,096 → 1,051 (-45)
14% less call options, than puts
Call options by funds: $2.27B | Put options by funds: $2.64B
16% less capital invested
Capital invested by funds: $33B → $27.7B (-$5.33B)
16% less first-time investments, than exits
New positions opened: 149 | Existing positions closed: 178
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$413M |
| 2 |
Two Sigma Advisers
New York
|
+$372M |
| 3 |
Two Sigma Investments
New York
|
+$211M |
| 4 |
Swedbank
Stockholm,
Sweden
|
+$207M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$206M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$990M |
| 2 |
Jennison Associates
New York
|
-$425M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$299M |
| 4 |
NMO
Newlands Management Operations
Dallas,
Texas
|
-$222M |
| 5 |
Sands Capital Management
Arlington,
Virginia
|
-$200M |
SNOW Hedge Fund Activity: Q2 2024 in Review
1,051 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q2 2024, worth a combined $27.7B — down 16% from $33B a quarter earlier.
Sellers outnumbered buyers: 178 funds closed out of SNOW and 149 opened new positions — a net loss of 29 holders — while 328 trimmed existing stakes and 441 added.
The largest buyer was Bank of Montreal, adding an estimated $413M. The largest seller was Berkshire Hathaway, exiting entirely with an estimated $990M sold.
- 1,051 institutional investors held Snowflake (SNOW) as of Q2 2024, down from 1,096 in Q1 2024.
- Funds reported $27.7B of Snowflake stock for Q2 2024, down 16% quarter-over-quarter.
- 149 funds opened new Snowflake positions in Q2 2024 and 178 closed out, a net change of -29 holders.
- The largest Snowflake buyer in Q2 2024 was Bank of Montreal, an estimated $413M added.
- The largest Snowflake seller in Q2 2024 was Berkshire Hathaway, an estimated $990M sold.
Based on aggregated 13F filings for Q2 2024.