Snowflake
SNOW
1,052 hedge funds and large institutions have $27.7B invested in Snowflake in 2024 Q2 according to their latest regulatory filings, with 148 funds opening new positions, 441 increasing their positions, 329 reducing their positions, and 178 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 441 | Existing positions reduced: 329
0.46% less ownership
Funds ownership: 61.72% → 61.26% (-0.46%)
3% less funds holding in top 10
Funds holding in top 10: 35 → 34 (-1)
4% less funds holding
Funds holding: 1,098 → 1,052 (-46)
14% less call options, than puts
Call options by funds: $2.27B | Put options by funds: $2.64B
17% less capital invested
Capital invested by funds: $33.3B → $27.7B (-$5.59B)
17% less first-time investments, than exits
New positions opened: 148 | Existing positions closed: 178
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$413M |
| 2 |
Two Sigma Advisers
New York
|
+$372M |
| 3 |
Two Sigma Investments
New York
|
+$211M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$206M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$196M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$990M |
| 2 |
Jennison Associates
New York
|
-$425M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$299M |
| 4 |
NMO
Newlands Management Operations
Dallas,
Texas
|
-$222M |
| 5 |
Sands Capital Management
Arlington,
Virginia
|
-$200M |
SNOW Hedge Fund Activity: Q2 2024 in Review
1,052 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q2 2024, worth a combined $27.7B — down 17% from $33.3B a quarter earlier.
Sellers outnumbered buyers: 178 funds closed out of SNOW and 148 opened new positions — a net loss of 30 holders — while 329 trimmed existing stakes and 441 added.
The largest buyer was Bank of Montreal, adding an estimated $413M. The largest seller was Berkshire Hathaway, exiting entirely with an estimated $990M sold.
- 1,052 institutional investors held Snowflake (SNOW) as of Q2 2024, down from 1,098 in Q1 2024.
- Funds reported $27.7B of Snowflake stock for Q2 2024, down 17% quarter-over-quarter.
- 148 funds opened new Snowflake positions in Q2 2024 and 178 closed out, a net change of -30 holders.
- The largest Snowflake buyer in Q2 2024 was Bank of Montreal, an estimated $413M added.
- The largest Snowflake seller in Q2 2024 was Berkshire Hathaway, an estimated $990M sold.
Based on aggregated 13F filings for Q2 2024.