Snowflake
SNOW
1,401 hedge funds and large institutions have $57.1B invested in Snowflake in 2025 Q4 according to their latest regulatory filings, with 222 funds opening new positions, 544 increasing their positions, 453 reducing their positions, and 138 closing their positions.
61% more first-time investments, than exits
New positions opened: 222 | Existing positions closed: 138
22% more call options, than puts
Call options by funds: $5.93B | Put options by funds: $4.87B
20% more repeat investments, than reductions
Existing positions increased: 544 | Existing positions reduced: 453
5% more capital invested
Capital invested by funds: $54.3B → $57.1B (+$2.78B)
5% more ownership
Funds ownership: 71.09% → 76.09% (+5%)
4% more funds holding
Funds holding: 1,344 → 1,401 (+57)
10% less funds holding in top 10
Funds holding in top 10: 30 → 27 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.14B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$655M |
| 3 |
Jennison Associates
New York
|
+$615M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
+$385M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$353M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$487M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$289M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$240M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$222M |
| 5 |
Goldman Sachs
New York
|
-$154M |
SNOW Hedge Fund Activity: Q4 2025 in Review
1,401 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q4 2025, worth a combined $57.1B — up 5.1% from $54.3B a quarter earlier.
Buyers outnumbered sellers: 222 funds opened new SNOW positions and 138 closed out — a net gain of 84 holders — while 544 added to existing stakes and 453 trimmed.
The largest buyer was BlackRock, adding an estimated $1.14B. The largest seller was Artisan Partners, cutting an estimated $487M.
- 1,401 institutional investors held Snowflake (SNOW) as of Q4 2025, up from 1,344 in Q3 2025.
- Funds reported $57.1B of Snowflake stock for Q4 2025, up 5.1% quarter-over-quarter.
- 222 funds opened new Snowflake positions in Q4 2025 and 138 closed out, a net change of +84 holders.
- The largest Snowflake buyer in Q4 2025 was BlackRock, an estimated $1.14B added.
- The largest Snowflake seller in Q4 2025 was Artisan Partners, an estimated $487M sold.
Based on aggregated 13F filings for Q4 2025.