Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Snap Inc (SNAP)

519 + Investors. Track Smart Money conviction in SNAP. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -15
Streak
2Q ▼
Buyers last Q
46%

Smart Money Signals — SNAP

Based on 539 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their SNAP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
539 hedge funds hold SNAP right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding SNAP is almost the same as a year ago (-6 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 46% buying

274 buying322 selling
Last quarter: 322 funds reduced or exited vs 274 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~110 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 93 → 115 → 112 → 110. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 16% medium ■ 23% new
328 out of 539 hedge funds have held SNAP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+35% value, -0% shares)

Value
+34%
Shares
0%
Last quarter: total value of institutional SNAP holdings rose +35% even though funds reduced share count by 0%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️

Steady discovery — ~110 new funds/quarter

73 → 93 → 115 → 112 → 110 new funds/Q
New funds entering each quarter: 93 → 115 → 112 → 110. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 68% veterans vs 22% newcomers

■ 68% veterans ■ 10% 1-2yr ■ 22% new
Entry-cohort mix of 588 holders: 402 (68%) are 2+ year veterans, 58 entered 1–2 years ago, and 128 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 69% AUM from top-100 funds

69% from top-100 AUM funds
55 of 524 holders are among the 100 largest funds by AUM, controlling 69% of total institutional value in SNAP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — SNAP

In 2026 Q2, 274 hedge funds were net buyers of SNAP (110 opened a new position, 164 added to an existing one), while 322 reduced or exited (197 trimmed, 125 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 69% of total institutional value in SNAP is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -15 funds (more exits than new entries). Total institutional holders: 539.

Hedge Fund Ownership: SNAP

How many hedge funds hold SNAP — quarterly history vs. share price
Quarterly hedge fund ownership of SNAP vs. share price

Market Analysis: SNAP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SNAP

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

22 top-rated funds 0 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: SNAP
519 + Investors

Track Smart Money conviction in SNAP. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 519 554 -6.32%
13F Shares 726M 734M -1.08%
Total Value $3.17B $3.29B -3.75%
New Positions 108 112 -4
Increased Positions 147 194 -47
Closed Positions 128 121 +7
Reduced Positions 179 138 +41
Total Calls 38 47 -19.15%
Total Puts 25 28 -10.71%
PUT/CALL Ratio 0.66 0.6 Bullish

Statistics: SNAP

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Institutional Holders (2026 Q2)

519 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SNAP. Verified SEC 13F-HR filings.

QUARTER:
Top 25 SNAP holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Prentice Capital Management, LP 11.74% 1,397,907 $6.2M
2 Irenic Capital Management LP 6.40% 30,000,000 $133.2M
3 Ranmore Fund Management Ltd 1.97% 4,000,000 $17.8M
4 PharVision Advisers, LLC 1.94% 23,205 $103K
5 Bandera Partners LLC 1.38% 880,000 $3.9M
6 Atlas Venture Advisors, Inc. 0.76% 245,559 $1.1M
7 MMCAP International Inc. SPC 0.74% 1,958,828 $8.7M
8 Nantahala Capital Management, LLC 0.71% 4,800,000 $21.3M
9 Bayesian Capital Management, LP 0.59% 208,200 $924K
10 Quinn Opportunity Partners LLC 0.56% 2,722,634 $12.1M
11 Saba Capital Management, L.P. 0.50% 4,432,541 $19.7M
12 Irenic Capital Management LP 0.45% 2,116,000 $9.4M
13 Slate Path Capital LP 0.45% 7,287,400 $32.4M
14 Stance Capital LLC 0.43% 320,716 $1.4M
15 Tairen Capital Ltd 0.35% 900,500 $4.0M
16 Empyrean Capital Partners, LP 0.34% 2,300,000 $10.2M
17 Lakewood Capital Management, LP 0.29% 1,250,000 $5.5M
18 Kerrisdale Advisers, LLC 0.26% 234,834 $1.0M
19 Sugar Maple Asset Management, LLC 0.25% 87,700 $389K
20 Shay Capital LLC 0.23% 800,000 $3.6M
21 Landscape Capital Management, L.L.C. 0.22% 769,889 $3.4M
22 Trexquant Investment LP 0.22% 8,354,615 $37.1M
23 Militia Capital Management LLC 0.21% 441,700 $2.0M
24 Blueshift Asset Management, LLC 0.20% 196,175 $871K
25 WealthCollab, LLC 0.20% 124,612 $553K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Snap Inc (SNAP)

What does the Smart Money Trend signal show for SNAP?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their SNAP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for SNAP?

More sellers than buyers — 46% buying: Last quarter: 322 funds reduced or exited vs 274 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for SNAP holders?

Elite ownership — 69% AUM from top-100 funds: 55 of 524 holders are among the 100 largest funds by AUM, controlling 69% of total institutional value in SNAP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held SNAP?

61% of holders stayed for 2+ years: 328 out of 539 hedge funds have held SNAP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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