Snowflake
SNOW
1,102 hedge funds and large institutions have $42.9B invested in Snowflake in 2023 Q4 according to their latest regulatory filings, with 243 funds opening new positions, 418 increasing their positions, 300 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)
39% more repeat investments, than reductions
Existing positions increased: 418 | Existing positions reduced: 300
26% more capital inflows, than outflows
Capital inflows: $5.07B | Capital outflows: $4.01B
15% more funds holding
Funds holding: 961 → 1,102 (+141)
11% more call options, than puts
Call options by funds: $3.31B | Put options by funds: $2.98B
1.77% more ownership
Funds ownership: 63.74% → 65.51% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$336M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$264M |
| 3 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$255M |
| 4 |
Two Sigma Investments
New York
|
+$204M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$195M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC US (TTGP)
Menlo Park,
California
|
-$928M |
| 2 |
Altimeter Capital Management
Boston,
Massachusetts
|
-$503M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$305M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$291M |
| 5 |
Iconiq Capital
San Francisco,
California
|
-$187M |
SNOW Hedge Fund Activity: Q4 2023 in Review
1,102 of the 6,878 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q4 2023, worth a combined $42.9B — up 33% 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 418 added to existing stakes and 300 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $336M. The largest seller was SC US (TTGP), cutting an estimated $928M.
- 1,102 institutional investors held Snowflake (SNOW) as of Q4 2023, up from 961 in Q3 2023.
- Funds reported $42.9B of Snowflake stock for Q4 2023, up 33% 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 Citadel Advisors, an estimated $336M added.
- The largest Snowflake seller in Q4 2023 was SC US (TTGP), an estimated $928M sold.
Based on aggregated 13F filings for Q4 2023.