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
- 27
- Reported value
- $9.5bn
- Buyers
- 18
- Sellers
- 29
Breadth -11 among 92 comparable managers.
Microsoft Corp
- Holders
- 68
- Reported value
- $411bn
- Buyers
- 31
- Sellers
- 37
Breadth -6 among 92 comparable managers.
Who holds both, Q4 2025
Both (26)
Acadian Asset Management LLC, Altimeter Capital Management LP, AQR Capital Management LLC, Artisan Partners LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Citadel Advisors LLC, Coatue Management LLC, Davidson Kempner Capital Management LP, Fidelity (FMR LLC), Invesco Ltd, Janus Henderson Group Ltd, Maverick Capital Ltd, MFS Investment Management, Neuberger Berman Group LLC, Point72 Asset Management LP, Quantbot Technologies LP, Schonfeld Strategic Advisors LLC, Soros Fund Management LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Verition Fund Management LLC, Walleye Capital LLC, Wellington Management Group LLP, Woodline Partners LP
Only SNOW (1)
Only MSFT (42)
AllianceBernstein LP, Appaloosa LP, ARK Investment Management LLC, Arrowstreet Capital LP, Bridgewater Associates LP, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, ExodusPoint Capital Management LP, Farallon Capital Management LLC, First Eagle Investment Management LLC, Freestone Grove Partners LP, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Hudson Bay Capital Management LP, Jane Street Group LLC, Lone Pine Capital LLC, Man Group PLC, Markel Group Inc, Marshall Wace LLP, Millennium Management LLC, and 17 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.