Snowflake
SNOW
895 hedge funds and large institutions have $30.4B invested in Snowflake in 2022 Q4 according to their latest regulatory filings, with 144 funds opening new positions, 332 increasing their positions, 281 reducing their positions, and 122 closing their positions.
26% more call options, than puts
Call options by funds: $1.93B | Put options by funds: $1.53B
18% more repeat investments, than reductions
Existing positions increased: 332 | Existing positions reduced: 281
18% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 122
0% more funds holding
Funds holding: 891 → 895 (+4)
1.7% less ownership
Funds ownership: 67.59% → 65.89% (-1.7%)
16% less funds holding in top 10
Funds holding in top 10: 63 → 53 (-10)
17% less capital invested
Capital invested by funds: $36.7B → $30.4B (-$6.32B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$127M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$115M |
| 3 |
Jennison Associates
New York
|
+$115M |
| 4 |
Renaissance Technologies
New York
|
+$105M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$80.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
-$458M |
| 2 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$249M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$232M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$186M |
| 5 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
-$170M |
SNOW Hedge Fund Activity: Q4 2022 in Review
895 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q4 2022, worth a combined $30.4B — down 17% from $36.7B a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new SNOW positions and 122 closed out — a net gain of 22 holders — while 332 added to existing stakes and 281 trimmed.
The largest buyer was Fred Alger Management, opening a new position worth an estimated $127M. The largest seller was Iconiq Capital, cutting an estimated $458M.
- 895 institutional investors held Snowflake (SNOW) as of Q4 2022, up from 891 in Q3 2022.
- Funds reported $30.4B of Snowflake stock for Q4 2022, down 17% quarter-over-quarter.
- 144 funds opened new Snowflake positions in Q4 2022 and 122 closed out, a net change of +22 holders.
- The largest Snowflake buyer in Q4 2022 was Fred Alger Management, an estimated $127M added.
- The largest Snowflake seller in Q4 2022 was Iconiq Capital, an estimated $458M sold.
Based on aggregated 13F filings for Q4 2022.