Snowflake
SNOW
1,287 hedge funds and large institutions have $38.2B invested in Snowflake in 2026 Q1 according to their latest regulatory filings, with 161 funds opening new positions, 528 increasing their positions, 441 reducing their positions, and 255 closing their positions.
30% more call options, than puts
Call options by funds: $3.59B | Put options by funds: $2.77B
20% more repeat investments, than reductions
Existing positions increased: 528 | Existing positions reduced: 441
2.94% less ownership
Funds ownership: 76.09% → 73.15% (-2.9%)
8% less funds holding
Funds holding: 1,401 → 1,287 (-114)
33% less capital invested
Capital invested by funds: $57.1B → $38.2B (-$18.9B)
37% less first-time investments, than exits
New positions opened: 161 | Existing positions closed: 255
48% less funds holding in top 10
Funds holding in top 10: 27 → 14 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$434M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$405M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$303M |
| 4 |
Jane Street
New York
|
+$235M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$200M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$822M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$566M |
| 3 |
Coatue Management
New York
|
-$544M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$356M |
| 5 |
Morgan Stanley
New York
|
-$320M |
SNOW Hedge Fund Activity: Q1 2026 in Review
1,287 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Snowflake (SNOW) for Q1 2026, worth a combined $38.2B — down 33% from $57.1B a quarter earlier.
Sellers outnumbered buyers: 255 funds closed out of SNOW and 161 opened new positions — a net loss of 94 holders — while 441 trimmed existing stakes and 528 added.
The largest buyer was Wellington Management Group, adding an estimated $434M. The largest seller was Jennison Associates, cutting an estimated $822M.
- 1,287 institutional investors held Snowflake (SNOW) as of Q1 2026, down from 1,401 in Q4 2025.
- Funds reported $38.2B of Snowflake stock for Q1 2026, down 33% quarter-over-quarter.
- 161 funds opened new Snowflake positions in Q1 2026 and 255 closed out, a net change of -94 holders.
- The largest Snowflake buyer in Q1 2026 was Wellington Management Group, an estimated $434M added.
- The largest Snowflake seller in Q1 2026 was Jennison Associates, an estimated $822M sold.
Based on aggregated 13F filings for Q1 2026.