Snowflake
SNOW
1,100 hedge funds and large institutions have $45.5B invested in Snowflake in 2023 Q4 according to their latest regulatory filings, with 243 funds opening new positions, 416 increasing their positions, 301 reducing their positions, and 86 closing their positions.
183% more first-time investments, than exits
New positions opened: 243 | Existing positions closed: 86
49% more funds holding in top 10
Funds holding in top 10: 41 → 61 (+20)
42% more capital invested
Capital invested by funds: $32.2B → $45.5B (+$13.4B)
38% more repeat investments, than reductions
Existing positions increased: 416 | Existing positions reduced: 301
15% more funds holding
Funds holding: 959 → 1,100 (+141)
11% more call options, than puts
Call options by funds: $3.31B | Put options by funds: $2.98B
5.72% more ownership
Funds ownership: 63.74% → 69.46% (+5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.2B |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$336M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$264M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$255M |
| 5 |
Two Sigma Investments
New York
|
+$204M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SUT
SC US (TTGP)
Menlo Park,
California
|
-$928M |
| 2 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$503M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$305M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$291M |
| 5 |
IC
Iconiq Capital
San Francisco,
California
|
-$187M |
SNOW Hedge Fund Activity: Q4 2023 in Review
1,100 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q4 2023, worth a combined $45.5B — up 42% from $32.2B a quarter earlier.
Buyers outnumbered sellers: 243 funds opened new SNOW positions and 86 closed out — a net gain of 157 holders — while 416 added to existing stakes and 301 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.2B. The largest seller was SC US (TTGP), cutting an estimated $928M.
- 1,100 institutional investors held Snowflake (SNOW) as of Q4 2023, up from 959 in Q3 2023.
- Funds reported $45.5B of Snowflake stock for Q4 2023, up 42% quarter-over-quarter.
- 243 funds opened new Snowflake positions in Q4 2023 and 86 closed out, a net change of +157 holders.
- The largest Snowflake buyer in Q4 2023 was Morgan Stanley, an estimated $2.2B added.
- The largest Snowflake seller in Q4 2023 was SC US (TTGP), an estimated $928M sold.
Based on aggregated 13F filings for Q4 2023.