Snowflake
SNOW
1,300 hedge funds and large institutions have $52.3B invested in Snowflake in 2025 Q2 according to their latest regulatory filings, with 264 funds opening new positions, 493 increasing their positions, 406 reducing their positions, and 111 closing their positions.
138% more first-time investments, than exits
New positions opened: 264 | Existing positions closed: 111
66% more capital invested
Capital invested by funds: $31.5B → $52.3B (+$20.8B)
45% more funds holding in top 10
Funds holding in top 10: 31 → 45 (+14)
22% more call options, than puts
Call options by funds: $5.3B | Put options by funds: $4.34B
21% more repeat investments, than reductions
Existing positions increased: 493 | Existing positions reduced: 406
12% more funds holding
Funds holding: 1,157 → 1,300 (+143)
5.46% more ownership
Funds ownership: 64.61% → 70.07% (+5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$586M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$525M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$359M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$270M |
| 5 |
Jennison Associates
New York
|
+$246M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$232M |
| 2 |
Jane Street
New York
|
-$132M |
| 3 |
Two Sigma Advisers
New York
|
-$113M |
| 4 |
Pictet Asset Management
Carouge,
Switzerland
|
-$113M |
| 5 |
Amundi
Paris,
France
|
-$110M |
SNOW Hedge Fund Activity: Q2 2025 in Review
1,300 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q2 2025, worth a combined $52.3B — up 66% from $31.5B a quarter earlier.
Buyers outnumbered sellers: 264 funds opened new SNOW positions and 111 closed out — a net gain of 153 holders — while 493 added to existing stakes and 406 trimmed.
The largest buyer was Winslow Capital Management, opening a new position worth an estimated $586M. The largest seller was Morgan Stanley, cutting an estimated $232M.
- 1,300 institutional investors held Snowflake (SNOW) as of Q2 2025, up from 1,157 in Q1 2025.
- Funds reported $52.3B of Snowflake stock for Q2 2025, up 66% quarter-over-quarter.
- 264 funds opened new Snowflake positions in Q2 2025 and 111 closed out, a net change of +153 holders.
- The largest Snowflake buyer in Q2 2025 was Winslow Capital Management, an estimated $586M added.
- The largest Snowflake seller in Q2 2025 was Morgan Stanley, an estimated $232M sold.
Based on aggregated 13F filings for Q2 2025.