Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Snowflake Inc (SNOW)

1K + Investors. Track Smart Money conviction in SNOW. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -110
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — SNOW

Based on 1275 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their SNOW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
1,275 funds currently hold this stock — 92% of the 3.0-year high of 1,385 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +12% more funds vs a year ago

fund count last 6Q
+135 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

696 buying743 selling
Last quarter: 743 funds reduced or exited vs 696 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.
⚠️

Fewer new buyers each quarter (-61 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 268 → 187 → 224 → 163. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

53% of holders stayed for 2+ years

53% conviction (2yr+) 26% medium 21% new
679 out of 1,275 hedge funds have held SNOW 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.
💎

Buying through price weakness — shares -9%, value -37%

Value
-37%
Shares
-8%
Last quarter: funds added -9% more shares while total portfolio value only changed -37%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~163 new funds/quarter

206 → 268 → 187 → 224 → 163 new funds/Q
New funds entering each quarter: 268 → 187 → 224 → 163. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 59% veterans vs 26% newcomers

59% veterans 15% 1-2yr 26% new
Entry-cohort mix of 1,363 holders: 804 (59%) are 2+ year veterans, 199 entered 1–2 years ago, and 360 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
65 of 1266 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in SNOW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — SNOW

In 2026 Q1, 696 hedge funds were net buyers of SNOW (163 opened a new position, 533 added to an existing one), while 743 reduced or exited (470 trimmed, 273 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 47% of total institutional value in SNOW is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -110 funds (more exits than new entries). Total institutional holders: 1275.

Hedge Fund Ownership: SNOW

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

Market Analysis: SNOW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SNOW

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

Is It Too Late to Buy Snowflake Inc (SNOW) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SNOW has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
SNOW
+54.3%
XLK
+39.1%

SNOW outperformed XLK by +15.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
SNOW
+47.8%
XLK
+4.8%

Since the filing became public, SNOW outperformed XLK by +43.0% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

71 top-rated funds 12 high-conviction
Consensus
8.1
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: SNOW
1K + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1264 1385 -8.74%
13F Shares 275M 302M -8.78%
Total Value $40.87B $65.32B -37.43%
New Positions 161 224 -63
Increased Positions 504 533 -29
Closed Positions 282 168 +114
Reduced Positions 444 448 -4
Total Calls 50 62 -19.35%
Total Puts 45 54 -16.67%
PUT/CALL Ratio 0.9 0.87 Neutral

Statistics: SNOW

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Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

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

QUARTER:
Top 25 SNOW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Legend Capital Advisors LLC 29.60% 313,978 $47.4M
2 Optimus Prime Fund Management Co., Ltd. 13.55% 932,200 $140.6M
3 Square Peg Capital Pty Ltd 12.65% 63,094 $9.5M
4 Arthedge Capital Management, LLC 7.17% 54,900 $8.3M
5 Manchester Global Management (UK) Ltd 5.12% 254,172 $38.3M
6 Altimeter Capital Management, LP 5.10% 1,926,250 $290.5M
7 Carroll Investors, Inc 4.93% 61,089 $9.2M
8 Spyglass Capital Management LLC 4.00% 352,268 $53.1M
9 Octahedron Capital Management L.P. 3.68% 33,600 $5.1M
10 Jericho Capital Asset Management L.P. 3.55% 1,591,778 $240.1M
11 Generali Powszechne Towarzystwo Emerytalne 3.48% 130,600 $19.7M
12 Glynn Capital Management LLC 3.00% 41,652 $6.3M
13 Nepsis Inc. 2.79% 55,230 $8.3M
14 Sandbox Financial Partners, LLC 2.76% 65,076 $9.8M
15 Bienville Capital Management, LLC 2.70% 98,597 $14.9M
16 Deepwater Asset Management, LLC 2.64% 27,674 $4.2M
17 Scge Management, L.P. 2.45% 535,000 $80.7M
18 Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group 2.24% 39,000 $5.9M
19 Cypress Point Investment Management LP 2.21% 62,321 $9.4M
20 Kirtland Hills Capital Management, LLC 2.05% 41,673 $6.5M
21 Winslow Capital Management, LLC 1.90% 3,226,305 $486.6M
22 Zevenbergen Capital Investments LLC 1.88% 433,142 $65.3M
23 Diversify Advisory Services, LLC 1.87% 86,884 $12.3M
24 Delta Global Management LP 1.76% 142,684 $21.5M
25 Ami Asset Management Corp 1.70% 176,359 $26.6M
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 — Snowflake Inc (SNOW)

What does the Smart Money Trend signal show for SNOW?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their SNOW 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 SNOW?

More sellers than buyers — 48% buying: Last quarter: 743 funds reduced or exited vs 696 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 SNOW holders?

Elite ownership — 47% AUM from top-100 funds: 65 of 1266 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in SNOW. 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 SNOW?

53% of holders stayed for 2+ years: 679 out of 1,275 hedge funds have held SNOW 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.

Is it too late to buy Snowflake Inc (SNOW) following the 2026 Q1 hedge fund 13F filings?

As of today, SNOW has moved +47.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLK sector ETF — an outperformance of +43.0%. Since the quarter end (March 31, 2026), SNOW has gained +54.3% vs +39.1% for XLK. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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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