Snowflake
SNOW
1,349 hedge funds and large institutions have $55.3B invested in Snowflake in 2025 Q3 according to their latest regulatory filings, with 184 funds opening new positions, 566 increasing their positions, 408 reducing their positions, and 122 closing their positions.
52% more capital inflows, than outflows
Capital inflows: $7.08B | Capital outflows: $4.65B
51% more first-time investments, than exits
New positions opened: 184 | Existing positions closed: 122
39% more repeat investments, than reductions
Existing positions increased: 566 | Existing positions reduced: 408
20% more call options, than puts
Call options by funds: $5.14B | Put options by funds: $4.27B
3% more funds holding
Funds holding: 1,304 → 1,349 (+45)
2.27% more ownership
Funds ownership: 70.07% → 72.34% (+2.3%)
33% less funds holding in top 10
Funds holding in top 10: 45 → 30 (-15)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$665M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$516M |
| 3 |
Coatue Management
New York
|
+$420M |
| 4 |
BlackRock
New York
|
+$409M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$382M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$450M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$402M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$314M |
| 4 |
JP Morgan Chase
New York
|
-$259M |
| 5 |
Two Sigma Investments
New York
|
-$258M |
SNOW Hedge Fund Activity: Q3 2025 in Review
1,349 of the 7,660 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q3 2025, worth a combined $55.3B — up 5.7% from $52.3B a quarter earlier.
Buyers outnumbered sellers: 184 funds opened new SNOW positions and 122 closed out — a net gain of 62 holders — while 566 added to existing stakes and 408 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $665M. The largest seller was Two Sigma Advisers, cutting an estimated $450M.
- 1,349 institutional investors held Snowflake (SNOW) as of Q3 2025, up from 1,304 in Q2 2025.
- Funds reported $55.3B of Snowflake stock for Q3 2025, up 5.7% quarter-over-quarter.
- 184 funds opened new Snowflake positions in Q3 2025 and 122 closed out, a net change of +62 holders.
- The largest Snowflake buyer in Q3 2025 was Fidelity Investments, an estimated $665M added.
- The largest Snowflake seller in Q3 2025 was Two Sigma Advisers, an estimated $450M sold.
Based on aggregated 13F filings for Q3 2025.