Holders over time
- SNOW
- MSFT
| Quarter | SNOW | MSFT |
|---|---|---|
| Q3 2020 | 26 holders, $6.7bn | 63 holders, $218bn |
| Q4 2020 | 27 holders, $10.1bn | 66 holders, $228bn |
| Q1 2021 | 30 holders, $15.1bn | 65 holders, $241bn |
| Q2 2021 | 28 holders, $14.8bn | 62 holders, $273bn |
| Q3 2021 | 30 holders, $19.1bn | 64 holders, $283bn |
| Q4 2021 | 41 holders, $21.4bn | 65 holders, $336bn |
| Q1 2022 | 31 holders, $14.1bn | 63 holders, $297bn |
| Q2 2022 | 27 holders, $8.9bn | 67 holders, $245bn |
| Q3 2022 | 28 holders, $10.2bn | 68 holders, $216bn |
| Q4 2022 | 30 holders, $7.8bn | 62 holders, $217bn |
| Q1 2023 | 28 holders, $8.7bn | 65 holders, $254bn |
| Q2 2023 | 28 holders, $9.6bn | 69 holders, $304bn |
| Q3 2023 | 27 holders, $7.4bn | 71 holders, $281bn |
| Q4 2023 | 34 holders, $9.7bn | 66 holders, $333bn |
| Q1 2024 | 33 holders, $6.4bn | 68 holders, $361bn |
| Q2 2024 | 34 holders, $5.2bn | 67 holders, $374bn |
| Q3 2024 | 27 holders, $3.5bn | 69 holders, $356bn |
| Q4 2024 | 31 holders, $5.5bn | 70 holders, $338bn |
| Q1 2025 | 28 holders, $5.5bn | 67 holders, $294bn |
| Q2 2025 | 36 holders, $9.9bn | 65 holders, $401bn |
| Q3 2025 | 33 holders, $10.1bn | 70 holders, $427bn |
| Q4 2025 | 27 holders, $9.5bn | 68 holders, $411bn |
| Q1 2026 | 22 holders, $6.1bn | 64 holders, $312bn |
| Q2 2026 | 42 holders, $13.2bn | 60 holders, $291bn |
Snowflake Inc
- Holders
- 34
- Reported value
- $9.7bn
- Buyers
- 20
- Sellers
- 13
Breadth +7 among 93 comparable managers.
Microsoft Corp
- Holders
- 66
- Reported value
- $333bn
- Buyers
- 20
- Sellers
- 48
Breadth -28 among 93 comparable managers.
Who holds both, Q4 2023
Both (26)
Altimeter Capital Management LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Capital Research Global Investors, Citadel Advisors LLC, D. E. Shaw & Co., Fidelity (FMR LLC), Holocene Advisors LP, Jane Street Group LLC, Janus Henderson Group Ltd, Man Group PLC, Marshall Wace LLP, Millennium Management LLC, Moore Capital Management LP, Quantbot Technologies LP, Rokos Capital Management LLP, T. Rowe Price Associates Inc, Tudor Investment Corp, Two Sigma Advisers LP, Two Sigma Investments LP, Verition Fund Management LLC, Voloridge Investment Management LLC, Wellington Management Group LLP
Only SNOW (8)
Berkshire Hathaway Inc, Dragoneer Investment Group LLC, PDT Partners LLC, Renaissance Technologies LLC, Soros Fund Management LLC, Walleye Capital LLC, Winton Group Ltd, Woodline Partners LP
Only MSFT (40)
Acadian Asset Management LLC, AllianceBernstein LP, Appaloosa LP, ARK Investment Management LLC, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital World Investors, Caxton Associates LLP, Coatue Management LLC, D1 Capital Partners LP, Davidson Kempner Capital Management LP, Dodge & Cox, Egerton Capital UK LLP, Eisler Capital Management Ltd, ExodusPoint Capital Management LP, Farallon Capital Management LLC, First Eagle Investment Management LLC, GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Invesco Ltd, Light Street Capital Management LLC, Lone Pine Capital LLC, Markel Group Inc, Maverick Capital Ltd, and 15 more
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.