Snowflake
SNOW
961 hedge funds and large institutions have $32.2B invested in Snowflake in 2023 Q3 according to their latest regulatory filings, with 113 funds opening new positions, 392 increasing their positions, 302 reducing their positions, and 116 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 392 | Existing positions reduced: 302
0% less call options, than puts
Call options by funds: $2.21B | Put options by funds: $2.22B
3% less first-time investments, than exits
New positions opened: 113 | Existing positions closed: 116
2% less funds holding
Funds holding: 977 → 961 (-16)
1.68% less ownership
Funds ownership: 65.42% → 63.74% (-1.7%)
13% less funds holding in top 10
Funds holding in top 10: 47 → 41 (-6)
16% less capital inflows, than outflows
Capital inflows: $2.66B | Capital outflows: $3.16B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$244M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$241M |
| 3 |
Holocene Advisors
New York
|
+$206M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$121M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$727M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$255M |
| 3 |
Dragoneer Investment Group
San Francisco,
California
|
-$199M |
| 4 |
Iconiq Capital
San Francisco,
California
|
-$185M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$88.6M |
SNOW Hedge Fund Activity: Q3 2023 in Review
961 of the 6,316 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: 116 funds closed out of SNOW and 113 opened new positions — a net loss of 3 holders — while 302 trimmed existing stakes and 392 added.
The largest buyer was Fidelity Investments, adding an estimated $244M. The largest seller was Capital Research Global Investors, cutting an estimated $727M.
- 961 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.
- 113 funds opened new Snowflake positions in Q3 2023 and 116 closed out, a net change of -3 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.