Which funds own SNOW
Snowflake Inc in the Q2 2026 filings. At least 37 of the 91 current managers on file reported a position, worth $11.9bn between them. At least a fifth of the current managers on file hold it, which is a crowd without being the whole market. The quarter went one way: 29 managers opened or added against 14 cutting.
- Managers holding
- 37
- at least, of 91 current
- Combined value
- $11.9bn
- as reported
- Opened
- 13
- new this quarter
- Added to
- 16
- already held
- Trimmed or sold out
- 14
- 7 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Fidelity (FMR LLC) Long-only · $2304bn book | $1.9bn | 0.1% | 7,653,175 | +$327m-3,093,812 | Trimmed |
| T. Rowe Price Associates Inc Long-only · $999bn book | $1.4bn | 0.1% | 5,319,366 | +$1.1bn+3,859,000 | Added |
| Wellington Management Group LLP Long-only · $580bn book | $1.3bn | 0.2% | 5,150,663 | +$504m-197,005 | Trimmed |
| AQR Capital Management LLC Quantitative · $287bn book | $1.1bn | 0.4% | 4,430,546 | +$372m-482,042 | Trimmed |
| Janus Henderson Group Ltd Long-only · $245bn book | $880m | 0.4% | 3,459,150 | +$428m+461,765 | Added |
| Point72 Asset Management LP Multi-strategy · $90.7bn book | $716m | 0.8% | 2,813,766 | +$700m+2,703,366 | Added |
| MFS Investment Management Long-only · $315bn book | $698m | 0.2% | 2,717,171 | +$441m+1,034,935 | Added |
| Baillie Gifford & Co Long-only · $110bn book | $658m | 0.6% | 2,584,361 | +$254m-92,073 | Trimmed |
| Altimeter Capital Management LP Long/short equity · $9.8bn book | $490m | 5.0% | 1,926,250 | +$200m0 | Held |
| Millennium Management LLC Multi-strategy · $276bn book | $343m | 0.1% | 1,347,035 | opened1,347,035 | New |
| Maverick Capital Ltd Long/short equity · $11.3bn book | $249m | 2.2% | 977,710 | opened977,710 | New |
| Viking Global Investors LP Long/short equity · $35.1bn book | $244m | 0.7% | 960,138 | opened960,138 | New |
| Marshall Wace LLP Quantitative · $127bn book | $232m | 0.2% | 912,838 | +$231m+903,219 | Added |
| Whale Rock Capital Management LLC Long/short equity · $12.5bn book | $225m | 1.8% | 884,691 | opened884,691 | New |
| Squarepoint Ops LLC Multi-strategy · $90.5bn book | $216m | 0.2% | 849,785 | +$57m-207,166 | Trimmed |
| Balyasny Asset Management LLC Multi-strategy · $80.2bn book | $211m | 0.3% | 827,138 | +$151m+433,865 | Added |
| Freestone Grove Partners LP Multi-strategy · $15.6bn book | $139m | 0.9% | 546,925 | opened546,925 | New |
| Woodline Partners LP Long/short equity · $32.4bn book | $134m | 0.4% | 527,207 | +$56m+6,148 | Added |
| Holocene Advisors LP Long/short equity · $44.4bn book | $114m | 0.3% | 447,022 | +$88m+274,596 | Added |
| Artisan Partners LP Long-only · $63.1bn book | $113m | 0.2% | 443,946 | +$13m-218,788 | Trimmed |
| ARK Investment Management LLC Long-only · $15.4bn book | $69m | 0.4% | 269,539 | opened269,539 | New |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $61m | 0.3% | 238,905 | +$33m+55,474 | Added |
| D1 Capital Partners LP Long/short equity · $34.8bn book | $55m | 0.2% | 216,019 | opened216,019 | New |
| Schonfeld Strategic Advisors LLC Multi-strategy · $27.9bn book | $55m | 0.2% | 214,753 | +$54m+208,965 | Added |
| Steadfast Capital Management LP Long/short equity · $3.3bn book | $44m | 1.3% | 173,000 | opened173,000 | New |
| Davidson Kempner Capital Management LP Long/short equity · $8.4bn book | $39m | 0.5% | 23,500,000 | -$20m-26,500,000 | Trimmed |
| Soros Fund Management LLC Macro · $8.1bn book | $35m | 0.4% | 136,568 | +$28m+88,747 | Added |
| Verition Fund Management LLC Multi-strategy · $19.7bn book | $29m | 0.1% | 113,942 | +$26m+94,716 | Added |
| Rokos Capital Management LLP Macro · $26.8bn book | $27m | 0.1% | 107,699 | opened107,699 | New |
| Walleye Capital LLC Multi-strategy · $28.0bn book | $27m | 0.1% | 104,304 | +$22m+71,116 | Added |
| Davidson Kempner Capital Management LP Long/short equity · $8.4bn book | $25m | 0.3% | 100,000 | +$12m+10,000 | Added |
| Moore Capital Management LP Macro · $6.7bn book | $24m | 0.4% | 94,577 | opened94,577 | New |
| Light Street Capital Management LLC Long/short equity · $903m book | $18m | 2.0% | 70,000 | opened70,000 | New |
| Oaktree Capital Management LP Activist · $7.2bn book | $12m | 0.2% | 7,147,000 | +$10m+5,547,000 | Added |
| Caxton Associates LLP Macro · $5.3bn book | $4.2m | 0.1% | 16,320 | +$3.7m+13,160 | Added |
| Discovery Capital Management LLC Macro · $2.4bn book | $2.5m | 0.1% | 9,732 | opened9,732 | New |
| Element Capital Management LLC Macro · $3.2bn book | $600k | 0.0% | 2,400 | opened2,400 | New |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Brevan Howard Capital Management LP · Macro$30m held before
- Walleye Capital LLC · Multi-strategy$29m held before
- Two Sigma Investments LP · Quantitative$27m held before
- Millennium Management LLC · Multi-strategy$25m held before
- D. E. Shaw & Co. · Quantitative$20m held before
- D. E. Shaw & Co. · Quantitative$6.1m held before
- Winton Group Ltd · Quantitative$3.6m held before
Ownership through time
At least 42 of the 95 managers whose filings are on file listed SNOW in Q2 2026, against 26 in Q3 2020. 20 managers more than in Q1 2026: 15 started positions; 9 listed it again; 4 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q3 2020: 26
- Q4 2020: 27
- Q1 2021: 30
- Q2 2021: 28
- Q3 2021: 30
- Q4 2021: 41
- Q1 2022: 31
- Q2 2022: 27
- Q3 2022: 28
- Q4 2022: 30
- Q1 2023: 28
- Q2 2023: 28
- Q3 2023: 27
- Q4 2023: 34
- Q1 2024: 33
- Q2 2024: 34
- Q3 2024: 27
- Q4 2024: 31
- Q1 2025: 28
- Q2 2025: 36
- Q3 2025: 33
- Q4 2025: 27
- Q1 2026: 22
- Q2 2026: 42
- Q3 2020: $6.7bn
- Q4 2020: $10.1bn
- Q1 2021: $15.1bn
- Q2 2021: $14.8bn
- Q3 2021: $19.1bn
- Q4 2021: $21.4bn
- Q1 2022: $14.1bn
- Q2 2022: $8.9bn
- Q3 2022: $10.2bn
- Q4 2022: $7.8bn
- Q1 2023: $8.7bn
- Q2 2023: $9.6bn
- Q3 2023: $7.4bn
- Q4 2023: $9.7bn
- Q1 2024: $6.4bn
- Q2 2024: $5.2bn
- Q3 2024: $3.5bn
- Q4 2024: $5.5bn
- Q1 2025: $5.5bn
- Q2 2025: $9.9bn
- Q3 2025: $10.1bn
- Q4 2025: $9.5bn
- Q1 2026: $6.1bn
- Q2 2026: $13.2bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- T. Rowe Price Associates Inc1,460,366 to 5,319,366 shares+$982m
- Millennium Management LLCnew: 1,347,035 shares+$343m
- MFS Investment Management1,682,236 to 2,717,171 shares+$266m
- Maverick Capital Ltdnew: 977,710 shares+$249m
- Viking Global Investors LPnew: 960,138 shares+$244m
Largest decreases, by shares
- Fidelity (FMR LLC)10,746,987 to 7,653,175 shares-$787m
- AQR Capital Management LLC4,912,588 to 4,430,546 shares-$121m
- Artisan Partners LP662,734 to 443,946 shares-$56m
- Squarepoint Ops LLC1,056,951 to 849,785 shares-$53m
- Wellington Management Group LLP5,347,668 to 5,150,663 shares-$50m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Fidelity (FMR LLC) | Q3 2020 | $3.0bn | $1.9bn | |
| T. Rowe Price Associates Inc | Q3 2020 | $1.7bn | $1.4bn | |
| Wellington Management Group LLP | Q1 2021 | $1.3bn | $1.3bn | |
| AQR Capital Management LLC | Q4 2023 | $1.1bn | $1.1bn | |
| Janus Henderson Group Ltd | Q1 2021 | $880m | $880m | |
| Point72 Asset Management LP | Q1 2021 | $716m | $716m | |
| MFS Investment Management | Q3 2020 | $698m | $698m | |
| Baillie Gifford & Co | Q3 2020 | $1.4bn | $658m | |
| Invesco Ltd | Q3 2021 | $681m | $626m | |
| Citadel Advisors LLC | Q3 2020 | $539m | $511m | |
| Altimeter Capital Management LP | Q3 2020 | $7.4bn | $490m | |
| Millennium Management LLC | Q4 2023 | $343m | $343m | |
| Maverick Capital Ltd | Q2 2021 | $249m | $249m | |
| Viking Global Investors LP | Q3 2020 | $434m | $244m | |
| Marshall Wace LLP | Q3 2020 | $232m | $232m | |
| Capital Research Global Investors | Q3 2020 | $2.3bn | last listed Q2 2024 | |
| Berkshire Hathaway Inc | Q3 2020 | $2.1bn | last listed Q1 2024 | |
| Tiger Global Management LLC | Q3 2020 | $2.0bn | last listed Q3 2023 | |
| Coatue Management LLC | Q3 2020 | $1.2bn | last listed Q4 2025 | |
| Dragoneer Investment Group LLC | Q3 2020 | $1.1bn | last listed Q3 2024 | |
| Two Sigma Advisers LP | Q2 2022 | $577m | last listed Q3 2025 | |
| Lone Pine Capital LLC | Q3 2020 | $558m | last listed Q4 2021 | |
| D. E. Shaw & Co. | Q4 2020 | $483m | last listed Q2 2025 | |
| Susquehanna International Group LLP | Q1 2021 | $456m | last listed Q1 2024 | |
| Renaissance Technologies LLC | Q2 2021 | $387m | last listed Q3 2025 |
Reported as options rather than shares
A put or a call on a name is not a position in it, and the filing states the notional rather than what the option cost. These lines are listed apart for that reason and are not counted in anything above.
- Susquehanna International Group LLP · calls$1.7bn notional
- Jane Street Group LLC · calls$1.7bn notional
- Susquehanna International Group LLP · puts$1.4bn notional
- Citadel Advisors LLC · calls$1.1bn notional
- Jane Street Group LLC · puts$984m notional
- Citadel Advisors LLC · puts$777m notional
- Tudor Investment Corp · calls$107m notional
- Element Capital Management LLC · calls$15m notional
What SNOW is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around SNOW →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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