REDDIT INC RDDT
CL A · Common Stock · CUSIP 75734B100 · ISIN US75734B1008
American company that operates Reddit
- SectorTechnology
- IndustryServices-Computer Processing & Data Preparation
- HeadquartersSan Francisco, CA
- Founded2005
- Websiteredditinc.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($19.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $63.90. Options: 21 managers hold calls ($215.0m notional), 14 hold puts ($215.7m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2023 | 1 |
| Q1 2024 | 130 |
| Q2 2024 | 181 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 129 | 0 |
| Q2 2024 | 121 | 54 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $0 | $0 | — |
| Q4 2023 | $0 | $0 | — |
| Q1 2024 | $107.0m | $86.6m | 0.81 |
| Q2 2024 | $215.0m | $215.7m | 1.00 |
Biggest buyers
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | New | +1.6m |
| Holocene Advisors, LP | New | +1.1m |
| Balyasny Asset Management L.P. | Added | +1.0m |
| VANGUARD GROUP INC | Added | +778.9k |
| FMR LLC | Added | +657.9k |
| LONG WALK MANAGEMENT LP | New | +557.5k |
| MARSHALL WACE, LLP | Added | +457.6k |
| MAVERICK CAPITAL LTD | Added | +442.1k |
| BlackRock Inc. | Added | +398.4k |
| Amova Asset Management Americas, Inc. | New | +311.1k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -438.3k |
| LMR Partners LLP | Sold out | -375.1k |
| NORGES BANK | Reduced | -361.5k |
| CITADEL ADVISORS LLC | Reduced | -322.8k |
| VIKING GLOBAL INVESTORS LP | Sold out | -225.0k |
| Duquesne Family Office LLC | Sold out | -175.0k |
| NEUBERGER BERMAN GROUP LLC | Sold out | -137.5k |
| JANE STREET GROUP, LLC | Reduced | -128.9k |
| Point72 Asset Management, L.P. | Reduced | -117.2k |
| Atreides Management, LP | Reduced | -113.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $60.2m942.3k shares |
| CITADEL ADVISORS LLC | Added | $35.6m557.6k shares |
| IMC-Chicago, LLC | Added | $24.1m376.7k shares |
| JANE STREET GROUP, LLC | Added | $17.9m279.9k shares |
| GROUP ONE TRADING LLC | Added | $17.0m265.6k shares |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | New | $16.0m250.0k shares |
| GOLDMAN SACHS GROUP INC | New | $10.2m160.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.7m135.4k shares |
| PEAK6 Investments LLC | New | $6.4m100.9k shares |
| BARCLAYS PLC | New | $6.4m100.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $73.0m1.1m shares |
| CITADEL ADVISORS LLC | Added | $46.4m726.8k shares |
| IMC-Chicago, LLC | Added | $26.4m413.4k shares |
| GROUP ONE TRADING LLC | Added | $20.9m326.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $16.3m254.9k shares |
| Walleye Trading LLC | Added | $13.9m217.0k shares |
| JANE STREET GROUP, LLC | Added | $12.8m201.1k shares |
| Squarepoint Ops LLC | Added | $2.0m31.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $1.9m30.0k shares |
| PEAK6 Investments LLC | Unchanged | $1.0m16.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Huffman Steve Ladd
13D · may seek influence
-2.4 pts · filed 2026-05-06
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented as follows: As of the date set forth on the cover page hereto, the Tencent Voting Agreement terminated pursuant to its terms and such termination represents a decrease in the number of shares of the Issuer's voting capital stock over which Mr. Huffman exercises voting discretion, without any action being taken on the part of Mr. Huffman. The foregoing discussion of the Tencent Voting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Tencent Voting Agreement, which was filed on May 3, 2024 as Exhibit 3 to the Initial Statement and is incorporated by reference herein. Full filing |
24.8% |
| BlackRock, Inc. 13G · institution +2.3 pts · filed 2026-10-27 | 7.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.0% |
Fell to 5% or below in the last year: BAILLIE GIFFORD & CO (4.9%, 2026-10-21), FMR LLC (2.3%, 2026-04-07), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 2 | $442.0k | 5 | $41.1m | — |
| Q2 2024 | 0 | — | 6 | $11.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-23 | Vollero Andrew Chief Financial Officer | Sold | $3.0m50.6k shares |
| 2024-05-23 | Huffman Steve Ladd CEO & President, director | Sold | $2.5m42.3k shares |
| 2024-05-23 | Wong Jennifer L. Chief Operating Officer | Sold | $2.4m40.1k shares |
| 2024-05-23 | Slowe Christopher Brian Chief Technology Officer | Sold | $1.9m33.0k shares |
| 2024-05-23 | Lee Benjamin Seong Chief Legal Officer | Sold | $1.2m20.0k shares |
| 2024-05-23 | Reynolds Michelle Marie Chief Accounting Officer | Sold | $390.1k6.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.01% of their portfolio | 3.0m $192.8m | Added +657.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.4m $156.2m | Added +778.9k |
| INCLUSIVE CAPITAL PARTNERS, L.P. 45.76% of their portfolio | 2.1m $133.5m | Unchanged |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.7m $106.3m | Added +153.3k |
| T. Rowe Price Investment Management, Inc. 0.07% of their portfolio | 1.6m $105.2m | Reduced -9.0k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 4.79% of their portfolio | 1.6m $104.0m | New |
| BlackRock Inc. 0.00% of their portfolio | 1.6m $102.1m | Added +398.4k |
| Valor Management LLC 18.78% of their portfolio | 1.3m $85.4m | Unchanged |
| Balyasny Asset Management L.P. 0.21% of their portfolio | 1.3m $80.1m | Added +1.0m |
| Holocene Advisors, LP 0.29% of their portfolio | 1.1m $69.2m | New |
| MARSHALL WACE, LLP 0.08% of their portfolio | 847.9k $54.2m | Added +457.6k |
| Blackstone Inc. 0.21% of their portfolio | 750.0k $47.9m | Unchanged |
| MAVERICK CAPITAL LTD 0.90% of their portfolio | 742.1k $47.4m | Added +442.1k |
| LONG WALK MANAGEMENT LP 16.82% of their portfolio | 557.5k $35.6m | New |
| TIGER GLOBAL MANAGEMENT LLC 0.15% of their portfolio | 500.0k $31.9m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 457.6k $29.2m | Added +183.1k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 436.5k $27.9m | Added +301.0k |
| NORGES BANK 0.00% of their portfolio | 372.1k $23.8m | Reduced -361.5k |
| Think Investments LP 4.80% of their portfolio | 365.0k $23.3m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 312.1k $19.9m | Reduced -438.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 311.1k $19.9m | New |
| Amova Asset Management Americas, Inc. 0.23% of their portfolio | 311.1k $19.9m | New |
| Woodline Partners LP 0.18% of their portfolio | 301.3k $19.3m | Added +166.5k |
| SELDON CAPITAL LP 10.47% of their portfolio | 300.0k $19.2m | Unchanged |
| Kodai Capital Management LP 0.36% of their portfolio | 299.1k $19.1m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 298.6k $19.1m | New |
| Atreides Management, LP 0.59% of their portfolio | 281.9k $18.0m | Reduced -113.5k |
| Walleye Capital LLC 0.18% of their portfolio | 270.7k $17.3m | Added +170.7k |
| JAT Capital Mgmt LP 2.68% of their portfolio | 267.7k $17.1m | Added +227.7k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 250.5k $16.0m | Reduced -322.8k |
| BAMCO INC /NY/ 0.04% of their portfolio | 211.1k $13.5m | Reduced -88.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 209.9k $13.4m | New |
| LORD, ABBETT & CO. LLC 0.02% of their portfolio | 203.8k $13.0m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 200.0k $12.8m | Unchanged |
| ExodusPoint Capital Management, LP 0.13% of their portfolio | 186.6k $11.9m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 186.2k $11.9m | Added +26.1k |
| Portolan Capital Management, LLC 0.98% of their portfolio | 186.0k $11.9m | New |
| Granahan Investment Management, LLC 0.47% of their portfolio | 185.8k $11.9m | Added +65.6k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 185.2k $11.8m | Reduced -14.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 170.7k $10.9m | New |
| ARK Investment Management LLC 0.09% of their portfolio | 159.9k $10.2m | Added +149.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 156.7k $10.0m | New |
| Tidal Investments LLC 0.13% of their portfolio | 150.7k $9.6m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 148.6k $9.5m | Added +65.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 139.7k $8.9m | Added +65.0k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 135.0k $8.7m | Reduced -14.3k |
| CLOUGH CAPITAL PARTNERS L P 0.91% of their portfolio | 130.2k $8.3m | New |
| Pier Capital, LLC 1.22% of their portfolio | 128.6k $8.2m | New |
| Carnegie Investment Counsel 0.25% of their portfolio | 126.3k $8.1m | New |
| STATE STREET CORP 0.00% of their portfolio | 111.4k $7.1m | New |
| TD Asset Management Inc 0.01% of their portfolio | 102.8k $6.6m | New |
| SEVEN GRAND MANAGERS, LLC 2.89% of their portfolio | 100.0k $6.4m | Added +80.0k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 91.7k $5.9m | Added +36.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 86.3k $5.5m | Added +23.6k |
| VESTOR CAPITAL, LLC 0.43% of their portfolio | 83.9k $5.4m | New |
| ROYCE & ASSOCIATES LP 0.05% of their portfolio | 79.5k $5.1m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 73.3k $4.7m | New |
| Regal Partners Ltd 0.48% of their portfolio | 72.3k $4.6m | New |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 70.2k $4.5m | Reduced -117.2k |
| Avala Global LP 0.33% of their portfolio | 70.0k $4.5m | Unchanged |
| General Catalyst Group Management, LLC 0.38% of their portfolio | 69.6k $4.4m | New |
| D L CARLSON INVESTMENT GROUP INC 0.82% of their portfolio | 66.6k $4.3m | New |
| Barrier Capital Management, LLC 4.07% of their portfolio | 65.3k $4.2m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 61.6k $3.9m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 60.5k $3.9m | Reduced -128.9k |
| UBS Group AG 0.00% of their portfolio | 53.7k $3.4m | Added +43.8k |
| G2 Investment Partners Management LLC 0.88% of their portfolio | 52.9k $3.4m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 50.2k $3.2m | New |
| Alight Capital Management LP 0.79% of their portfolio | 50.0k $3.2m | New |
| Ghisallo Capital Management LLC 0.28% of their portfolio | 50.0k $3.2m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 48.7k $3.1m | Added +39.5k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 44.3k $2.8m | Added +2.6k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 42.6k $2.7m | Added +37.4k |
| BIT Capital GmbH 0.22% of their portfolio | 38.7k $2.5m | New |
| SIMPLEX TRADING, LLC 0.08% of their portfolio | 37.4k $2.4m | Reduced -12.7k |
| Meridian Wealth Management, LLC 0.27% of their portfolio | 35.2k $2.2m | New |
| Polar Asset Management Partners Inc. 0.06% of their portfolio | 35.1k $2.2m | New |
| JUPITER ASSET MANAGEMENT LTD 0.02% of their portfolio | 35.0k $2.2m | New |
| Raine Capital LLC 0.96% of their portfolio | 30.9k $2.0m | Unchanged |
| Penserra Capital Management LLC 0.02% of their portfolio | 30.0k $1.9m | New |
| Dragoneer Investment Group, LLC 0.04% of their portfolio | 30.0k $1.9m | Unchanged |
| BlueCrest Capital Management Ltd 0.34% of their portfolio | 30.0k $1.9m | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 25.2k $1.6m | Added +2.7k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.13% of their portfolio | 25.0k $1.6m | New |
| Renaissance Capital LLC 0.81% of their portfolio | 22.8k $1.5m | New |
| OMERS ADMINISTRATION Corp 0.01% of their portfolio | 21.2k $1.4m | New |
| Polymer Capital Management (HK) LTD 0.27% of their portfolio | 21.0k $1.3m | New |
| FRED ALGER MANAGEMENT, LLC 0.01% of their portfolio | 19.8k $1.3m | Reduced -199 |
| Scientech Research LLC 0.26% of their portfolio | 19.4k $1.2m | Added +10.6k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 18.8k $1.2m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 17.6k $1.1m | First filing |
| LPL Financial LLC 0.00% of their portfolio | 17.3k $1.1m | Added +7.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 17.1k $1.1m | Added +12.0k |
| COWBIRD CAPITAL LP 1.10% of their portfolio | 15.0k $958.4k | Unchanged |
| Quinn Opportunity Partners LLC 0.10% of their portfolio | 14.1k $900.8k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 13.3k $849.5k | New |
| CHARTWELL INVESTMENT PARTNERS, LLC 0.03% of their portfolio | 12.5k $796.0k | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 10.9k $699.1k | Added +6.3k |
| Greenland Capital Management LP 0.14% of their portfolio | 10.5k $671.7k | New |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 10.4k $662.6k | Reduced -35.2k |