Snap

SNAP • NYSE

Snap is a internet content & information company in the communication services sector on NYSE, led by Evan Spiegel, with a market cap of $12.6B. As of Q3 2025, 44% of shares are held by 521 institutional investors, with FMR LLC as the largest holder at 6.39%.

CEOEvan Spiegel

Market Cap$12.6B

Internet Content & Information

Communication Services

Employees5.3K

Websitesnap.com

Country

United States of America

Overview

Overview of institutional ownership in SNAP as of Q3 2025 with a market cap of $13.0B

All Institutions

Institutions: 521
Value Held: $5.7B
Shares Held: 741.4M
Avg Position: $11.0M
Median Position: $268.7K

Hedge Funds

Hedge Funds: 60
Value Held: $1.2B
Shares Held: 157.8M
Avg Position: $20.3M
Median Position: $6.3M

Ownership Breakdown

Institutional (non-HF)

34.54%

$4.5B

Hedge Funds

9.34%

$1.2B

Retail & Other

56.12%

$7.3B

Based on market cap of $13.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in SNAP as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FMR LLC Institution	-	$832.0M 0.04% of portfolio	6.39% 107.9M shares	Q1 2017 Held for 8y 8m	$1.92T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$775.7M 0.01% of portfolio	5.95% 100.6M shares	Q1 2017 Held for 8y 8m	$6.69T
C Capital World Investors Institution	-	$672.9M 0.09% of portfolio	5.16% 87.3M shares	Q1 2019 Held for 6y 8m	$730.00B
B BlackRock, Inc. Institution	-	$309.1M 0.01% of portfolio	2.37% 40.1M shares	Q1 2017 Held for 8y 8m	$5.67T
C Capital International Investors Institution	-	$291.3M 0.05% of portfolio	2.24% 37.8M shares	Q4 2024 Held for 11 months	$615.90B
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	Scott David Hoffman CEO	$184.4M 0.30% of portfolio	1.42% 23.9M shares	Q4 2017 Held for 7y 11m	$62.0B
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	Anand Christopher Parekh CEO	$176.7M 0.53% of portfolio	1.36% 22.9M shares	Q3 2025 Held for 2 months	$33.0B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$112.6M 0.00% of portfolio	0.86% 14.6M shares	Q3 2017 Held for 8y 2m	$2.88T
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$112.0M 0.02% of portfolio	0.86% 14.5M shares	Q1 2017 Held for 8y 8m	$691.34B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$100.2M 0.01% of portfolio	0.77% 13.1M shares	Q3 2017 Held for 8y 2m	$1.57T

Net Capital Flow

Institutional buying and selling activity for SNAP in Q3 2025

Traded: −$620.0M
Buyers: 266
Sellers: 222
Total Bought: +$990.5M
Total Sold: −$1.6B
Avg Position: $9.5M

Biggest Buyers

Institution	Net Bought	Current Position
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$176.7M +22.9M shares	$176.7M 22.9M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$72.6M +9.4M shares	$184.4M 23.9M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$69.2M +9.0M shares	$77.1M 10.0M shares
Slate Path Capital LP Hedge Fund•Long/Short	+$51.7M +6.7M shares	$51.7M 6.7M shares
D D. E. Shaw & Co., Inc. Institution	+$48.9M +6.3M shares	$96.9M 12.6M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$45.9M +6.0M shares	$71.1M 9.2M shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$34.0M +4.4M shares	$34.0M 4.4M shares
J JANE STREET GROUP, LLC Institution	+$31.6M +4.1M shares	$63.1M 8.2M shares
Junto Capital Management LP Hedge Fund•Long/Short	+$29.1M +3.8M shares	$29.1M 3.8M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$27.6M +3.6M shares	$79.4M 10.3M shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$566.4M −73.5M shares	$832.0M 107.9M shares
BANK OF AMERICA CORP /DE/ Institution	−$306.6M −39.8M shares	$44.5M 5.8M shares
SRS Investment Management, LLC Hedge Fund•Long/Short	−$282.7M −32.5M shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$49.0M −6.4M shares	$775.7M 100.6M shares
GOLDMAN SACHS GROUP INC Institution	−$33.2M −4.3M shares	$112.0M 14.5M shares
UBS Group AG Institution	−$32.3M −4.2M shares	$46.5M 6.0M shares
H HRT FINANCIAL LLC Institution	−$29.0M −3.8M shares	$4.1M 530.3K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$23.8M −3.1M shares	$8.0M 1.0M shares
Aquatic Capital Management LLC Hedge Fund•Quant	−$20.0M −2.3M shares	Sold Off 0 shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$19.9M −2.6M shares	$35.9M 4.7M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SNAP in Q3 2025

New Positions: 29
New Value: $21.5M
Exited Positions: 76
Exited Value: $382.0M

New Positions

Institution	Position Value
C Contrarius Group Holdings Ltd Institution	$10.3M 1.3M shares
Trivest Advisors Ltd Institution	$6.9M 895.0K shares
STANCE CAPITAL LLC Long Only Manager	$1.4M 183.1K shares
Total Clarity Wealth Management, Inc. RIA/Wealth	$851.6K 110.5K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$798.2K 103.5K shares
E EntryPoint Capital, LLC Hedge Fund•Long/Short	$354.7K 46.0K shares
Garden State Investment Advisory Services LLC RIA/Wealth	$252.3K 32.7K shares
GenTrust, LLC RIA/Wealth	$162.3K 21.1K shares
E EVERGREEN CAPITAL MANAGEMENT LLC Institution	$136.8K 17.7K shares
Fortis Capital Advisors, LLC RIA/Wealth	$89.8K 11.6K shares

Exited Positions

Institution	Previous Position
SRS Investment Management, LLC Hedge Fund•Long/Short	$282.7M 32.5M shares
Aquatic Capital Management LLC Hedge Fund•Quant	$20.0M 2.3M shares
Nikko Asset Management Americas, Inc. Long Only Manager	$18.3M 2.1M shares
Susquehanna Portfolio Strategies, LLC Private Equity	$15.3M 1.8M shares
J Jump Financial, LLC Institution	$10.3M 1.2M shares
Q Qube Research & Technologies Ltd Institution	$6.7M 767.7K shares
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy	$5.4M 616.5K shares
EULAV Asset Management Long Only Manager	$4.0M 460.0K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$3.1M 354.3K shares
CNH PARTNERS LLC Hedge Fund•Multi-Strategy	$2.4M 281.4K shares

Options Activity

Institutions with the largest Call and Put options positions in SNAP as of Q3 2025

Call Positions: 58
Call Value: $546.1M
Put Positions: 34
Put Value: $390.1M

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$105.7M 137.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$100.8M 130.8K contracts
Aptus Capital Advisors, LLC ETF Provider	$77.1M 100.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$76.7M 99.5K contracts
UBS Group AG Institution	$35.9M 46.5K contracts
GOLDMAN SACHS GROUP INC Institution	$21.7M 28.2K contracts
B Baader Bank INC Institution	$16.2M 21.0K contracts
Walleye Trading LLC RIA/Wealth	$14.0M 18.1K contracts
H HSBC HOLDINGS PLC Institution	$13.7M 17.7K contracts
W WOLVERINE TRADING, LLC Institution	$9.3M 11.1K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$120.6M 156.5K contracts
J JANE STREET GROUP, LLC Institution	$68.8M 89.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$44.7M 58.0K contracts
Marshall Wace LLP Institution	$36.4M 47.2K contracts
P PEAK6 LLC Institution	$19.2M 24.9K contracts
UBS Group AG Institution	$12.2M 15.9K contracts
Walleye Trading LLC RIA/Wealth	$12.0M 15.6K contracts
Polar Securities Inc. Hedge Fund•Multi-Strategy	$10.8M 14.0K contracts
W WOLVERINE TRADING, LLC Institution	$7.9M 9.5K contracts
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$7.7M 10.0K contracts

Most Committed Institutions

Institutions with SNAP as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
P Prentice Capital Management, LP Hedge Fund•Long/Short	Michael John Zimmerman CIO	13.90% $9.1M	0.07% 1.2M shares	Q4 2023 Held for 1y 11m	$65.5M
WESTERLY CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	Christopher James Galvin Managing Partner	3.67% $11.6M	0.09% 1.5M shares	Q3 2025 Held for 2 months	$315.2M
Think Investments LP Hedge Fund•Long/Short	Shashin Pradip Shah Managing Partner	2.05% $15.5M	0.12% 2.0M shares	Q1 2024 Held for 1y 8m	$756.6M
Contour Asset Management LLC Hedge Fund•Long/Short	Alpa Shailesh Rana CFO	1.90% $76.0M	0.58% 9.9M shares	Q2 2025 Held for 5 months	$4.0B
C CMT Capital Markets Trading GmbH Institution	-	1.40% $2.7M	0.02% 352.9K shares	Q4 2020 Held for 4y 11m	$194.5M
M Meridiem Capital Partners LP Hedge Fund•Long/Short	Mohammed Khalid Malik Founder	1.19% $17.3M	0.13% 2.2M shares	Q3 2025 Held for 2 months	$1.5B
T Tairen Capital Ltd Institution	-	1.17% $10.8M	0.08% 1.4M shares	Q3 2025 Held for 2 months	$925.2M
Westbourne Investment Advisors, Inc. RIA/Wealth	Joseph Christopher Wilkinson President	0.95% $3.4M	0.03% 442.7K shares	Q1 2023 Held for 2y 8m	$357.7M
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	David Barnett Grossman Managing Partner	0.89% $8.9M	0.07% 1.2M shares	Q1 2025 Held for 8 months	$1.0B
Quinn Opportunity Partners LLC Hedge Fund•Event Driven	Patrick Farley Quinn CCO	0.84% $11.5M	0.09% 1.5M shares	Q2 2024 Held for 1y 5m	$1.4B

Hedge Fund Spotlight

Discover hedge funds investing in SNAP

TWINBEECH CAPITAL LP

Hedge Fund • Quant

Portfolio ManagerJinghua (Nmn) Yan

Portfolio Value: $2.5B
Positions: 536
Last Reported: Q3 2025

Sector Allocation

Position in Snap

Market Value: $2.6M
Shares Held: 340.6K
Portfolio Weight: 0.10%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Kenvue KVUE	Household & Personal Products Consumer Defensive	$31.9M	1.26%
2 Roper Technologies, Inc. ROP	Industrial - Machinery Industrials	$30.0M	1.18%
3 Boston Scientific BSX	Medical - Devices Healthcare	$29.8M	1.18%