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.

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -105
Streak
1Q ▼
Buyers last Q
49%

Smart Money Signals — SNOW

Based on 1281 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
1,281 funds currently hold this stock — 92% of the 3.0-year high of 1,386 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
+141 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 — 49% buying

701 buying743 selling
Last quarter: 743 funds reduced or exited vs 701 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 (-57 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 269 → 187 → 224 → 167. 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
680 out of 1,281 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 -7%, value -36%

Value
-36%
Shares
-7%
Last quarter: funds added -7% more shares while total portfolio value only changed -36%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~167 new funds/quarter

206 → 269 → 187 → 224 → 167 new funds/Q
New funds entering each quarter: 269 → 187 → 224 → 167. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 59% veterans vs 27% newcomers

59% veterans 15% 1-2yr 27% new
Entry-cohort mix of 1,369 holders: 806 (59%) are 2+ year veterans, 199 entered 1–2 years ago, and 364 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
67 of 1272 holders are among the 100 largest funds by AUM, controlling 60% 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, 701 hedge funds were net buyers of SNOW (167 opened a new position, 534 added to an existing one), while 743 reduced or exited (471 trimmed, 272 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. 60% of total institutional value in SNOW is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -105 funds (more exits than new entries). Total institutional holders: 1281.

What Fund Managers Are Saying About SNOW

▲ 1 bullish
Tim Bowen · Stocks to Trade long 2026-08-07
Strong momentum driven by generative AI integration and positive technical setup.
▶ Watch on YouTubevia Schwab Network
AI-generated paraphrases of public interviews · informational only, not investment advice · see all manager views

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

-- --

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 Q2 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 June 30, 2026 · 52d ago
SNOW
+25.7%
XLK
-3.8%

SNOW outperformed XLK by +29.5% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 7d ago
SNOW
-2.7%
XLK
-3.5%

Since the filing became public, SNOW outperformed XLK by +0.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

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

42 top-rated funds 21 high-conviction
Consensus
7.1
/ 10
breadth
×
Elite
3.7
/ 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 Q2) Prior (2026 Q1) Change
Funds Holding 1446 1281 12.88%
13F Shares 326M 279M 16.82%
Total Value $78.98B $41.51B 90.3%
New Positions 335 167 +168
Increased Positions 526 510 +16
Closed Positions 147 272 -125
Reduced Positions 471 447 +24
Total Calls 70 51 37.25%
Total Puts 55 46 19.57%
PUT/CALL Ratio 0.79 0.9 Neutral

Statistics: SNOW

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Legend Capital Advisors LLC 34.81% 251,390 $64.0M
2 Optimus Prime Fund Management Co., Ltd. 19.57% 1,039,300 $264.5M
3 Square Peg Capital Pty Ltd 17.13% 51,293 $13.1M
4 Manchester Global Management (UK) Ltd 10.20% 363,172 $92.4M
5 NVP Associates, LLC 8.90% 114,786 $29.2M
6 Generali Powszechne Towarzystwo Emerytalne 7.66% 190,000 $48.4M
7 Broad Bay Capital Management, LP 6.93% 291,400 $74.2M
8 Arthedge Capital Management, LLC 6.72% 42,400 $10.8M
9 Carroll Investors, Inc 6.63% 60,956 $15.5M
10 Nepsis Inc. 5.62% 65,123 $16.6M
11 Octahedron Capital Management L.P. 5.51% 42,300 $10.8M
12 Barrier Capital Management, LLC 5.50% 29,541 $7.5M
13 Exane Asset Management 5.42% 51,595 $15.0M
14 E20 Capital Ltd 5.33% 259,986 $66.2M
15 Benchstone Capital Management LP 5.18% 168,370 $42.9M
16 Altimeter Capital Management, LP 4.99% 1,926,250 $490.2M
17 Kinetic Partners Management, LP 4.89% 805,000 $204.9M
18 Beaconlight Capital, LLC 4.78% 53,180 $13.5M
19 Avala Global LP 4.75% 505,700 $128.7M
20 Spyglass Capital Management LLC 4.55% 330,011 $84.0M
21 Cypress Point Investment Management LP 4.30% 93,160 $23.7M
22 Evolutionary Tree Capital Management, LLC 4.25% 8,853 $2.3M
23 Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group 4.09% 61,200 $15.6M
24 Hidden Lake Asset Management LP 4.04% 52,768 $13.4M
25 Sunstone Asset Management, LP 3.31% 12,000 $3.1M
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 — 49% buying: Last quarter: 743 funds reduced or exited vs 701 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 — 60% AUM from top-100 funds: 67 of 1272 holders are among the 100 largest funds by AUM, controlling 60% 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: 680 out of 1,281 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 Q2 hedge fund 13F filings?

As of today, SNOW has moved -2.7% since the 2026 Q2 13F filing date (August 14, 2026), compared to -3.5% for the XLK sector ETF — an outperformance of +0.8%. Since the quarter end (June 30, 2026), SNOW has gained +25.7% vs -3.8% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

Full history →