Snowflake
SNOW
620 hedge funds and large institutions have $41.1B invested in Snowflake in 2021 Q1 according to their latest regulatory filings, with 230 funds opening new positions, 235 increasing their positions, 88 reducing their positions, and 69 closing their positions.
233% more first-time investments, than exits
New positions opened: 230 | Existing positions closed: 69
167% more repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 88
88% more funds holding in top 10
Funds holding in top 10: 17 → 32 (+15)
86% more capital invested
Capital invested by funds: $22.1B → $41.1B (+$19B)
34% more funds holding
Funds holding: 463 → 620 (+157)
6% less call options, than puts
Call options by funds: $2.24B | Put options by funds: $2.38B
73.55% less ownership
Funds ownership: 155.04% → 81.49% (-74%)
Top Buyers
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
+$6.44B |
| 2 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$6.07B |
| 3 |
SUT
SC US (TTGP)
Menlo Park,
California
|
+$4.66B |
| 4 |
Morgan Stanley
New York
|
+$1.67B |
| 5 |
SI
Salesforce Inc
San Francisco,
California
|
+$774M |
Top Sellers
SNOW Hedge Fund Activity: Q1 2021 in Review
620 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q1 2021, worth a combined $41.1B — up 86% from $22.1B a quarter earlier.
Buyers outnumbered sellers: 230 funds opened new SNOW positions and 69 closed out — a net gain of 161 holders — while 235 added to existing stakes and 88 trimmed.
The largest buyer was Iconiq Capital, adding an estimated $6.44B. The largest seller was Dragoneer Investment Group, cutting an estimated $161M.
- 620 institutional investors held Snowflake (SNOW) as of Q1 2021, up from 463 in Q4 2020.
- Funds reported $41.1B of Snowflake stock for Q1 2021, up 86% quarter-over-quarter.
- 230 funds opened new Snowflake positions in Q1 2021 and 69 closed out, a net change of +161 holders.
- The largest Snowflake buyer in Q1 2021 was Iconiq Capital, an estimated $6.44B added.
- The largest Snowflake seller in Q1 2021 was Dragoneer Investment Group, an estimated $161M sold.
Based on aggregated 13F filings for Q1 2021.