Snowflake
SNOW
984 hedge funds and large institutions have $23.1B invested in Snowflake in 2024 Q3 according to their latest regulatory filings, with 115 funds opening new positions, 385 increasing their positions, 349 reducing their positions, and 170 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 385 | Existing positions reduced: 349
8% less call options, than puts
Call options by funds: $2.29B | Put options by funds: $2.5B
1.38% less ownership
Funds ownership: 61.27% → 59.89% (-1.4%)
6% less funds holding in top 10
Funds holding in top 10: 34 → 32 (-2)
7% less funds holding
Funds holding: 1,054 → 984 (-70)
15% less capital inflows, than outflows
Capital inflows: $3.21B | Capital outflows: $3.76B
32% less first-time investments, than exits
New positions opened: 115 | Existing positions closed: 170
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$573M |
| 2 |
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$315M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$228M |
| 4 |
Jane Street
New York
|
+$126M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$121M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$486M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$296M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$158M |
| 4 |
Natixis
Paris,
France
|
-$154M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
-$152M |
SNOW Hedge Fund Activity: Q3 2024 in Review
984 of the 6,987 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q3 2024, worth a combined $23.1B — down 17% from $27.7B a quarter earlier.
Sellers outnumbered buyers: 170 funds closed out of SNOW and 115 opened new positions — a net loss of 55 holders — while 349 trimmed existing stakes and 385 added.
The largest buyer was Vanguard Group, adding an estimated $573M. The largest seller was Bank of Montreal, cutting an estimated $486M.
- 984 institutional investors held Snowflake (SNOW) as of Q3 2024, down from 1,054 in Q2 2024.
- Funds reported $23.1B of Snowflake stock for Q3 2024, down 17% quarter-over-quarter.
- 115 funds opened new Snowflake positions in Q3 2024 and 170 closed out, a net change of -55 holders.
- The largest Snowflake buyer in Q3 2024 was Vanguard Group, an estimated $573M added.
- The largest Snowflake seller in Q3 2024 was Bank of Montreal, an estimated $486M sold.
Based on aggregated 13F filings for Q3 2024.