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 ($36.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $65.89. Options: 18 managers hold calls ($248.8m notional), 19 hold puts ($218.6m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2023 | 1 |
| Q1 2024 | 130 |
| Q2 2024 | 181 |
| Q3 2024 | 287 |
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 |
| Q3 2024 | 228 | 48 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $0 | $0 | — |
| Q1 2024 | $107.0m | $86.6m | 0.81 |
| Q2 2024 | $215.0m | $215.7m | 1.00 |
| Q3 2024 | $248.8m | $218.6m | 0.88 |
Biggest buyers
| FMR LLC | Added | +9.1m |
| T. Rowe Price Investment Management, Inc. | Added | +2.4m |
| CITADEL ADVISORS LLC | Added | +2.4m |
| Point72 Asset Management, L.P. | Added | +2.2m |
| Holocene Advisors, LP | Added | +1.9m |
| JPMORGAN CHASE & CO | Added | +1.8m |
| LORD, ABBETT & CO. LLC | Added | +1.4m |
| D. E. Shaw & Co., Inc. | New | +1.4m |
| JANE STREET GROUP, LLC | Added | +1.4m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.2m |
Biggest sellers
| INCLUSIVE CAPITAL PARTNERS, L.P. | Sold out | -2.1m |
| Valor Management LLC | Sold out | -1.3m |
| MAVERICK CAPITAL LTD | Sold out | -742.1k |
| Bank of New York Mellon Corp | Reduced | -369.7k |
| Kodai Capital Management LP | Sold out | -299.1k |
| ExodusPoint Capital Management, LP | Sold out | -186.6k |
| Tidal Investments LLC | Sold out | -150.7k |
| Portolan Capital Management, LLC | Reduced | -141.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -139.0k |
| CLOUGH CAPITAL PARTNERS L P | Sold out | -130.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $98.6m1.5m shares |
| CITADEL ADVISORS LLC | Added | $43.5m660.1k shares |
| JANE STREET GROUP, LLC | Added | $26.8m406.2k shares |
| IMC-Chicago, LLC | Reduced | $17.8m269.3k shares |
| PEAK6 Investments LLC | Added | $14.2m216.1k shares |
| GROUP ONE TRADING LLC | Reduced | $13.4m203.9k shares |
| SIMPLEX TRADING, LLC | Added | $9.7m146.6k shares |
| Walleye Trading LLC | Added | $8.4m126.8k shares |
| WOLVERINE TRADING, LLC | New | $8.0m119.5k shares |
| JPMORGAN CHASE & CO | New | $3.3m50.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $53.6m812.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $48.3m732.3k shares |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | New | $46.8m710.0k shares |
| JANE STREET GROUP, LLC | Added | $14.7m222.7k shares |
| IMC-Chicago, LLC | Reduced | $12.6m191.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $12.4m188.7k shares |
| WOLVERINE TRADING, LLC | New | $6.4m95.6k shares |
| GROUP ONE TRADING LLC | Reduced | $5.0m76.5k shares |
| a16z Perennial Management, L.P. | New | $4.4m67.4k shares |
| Walleye Capital LLC | New | $3.8m57.5k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2024 | 0 | — | 7 | $38.5m | $35.1m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-09-30 | Huffman Steve Ladd CEO & President, director | Sold plan | $926.8k14.0k shares |
| 2024-09-23 | Slowe Christopher Brian Chief Technology Officer | Sold plan | $462.5k7.1k shares |
| 2024-09-23 | Slowe Christopher Brian Chief Technology Officer | Sold plan | $328.0k5.0k shares |
| 2024-09-23 | Slowe Christopher Brian Chief Technology Officer | Sold plan | $258.6k3.9k shares |
| 2024-09-19 | Vollero Andrew Chief Financial Officer | Sold plan | $4.4m68.9k shares |
| 2024-09-19 | Wong Jennifer L. Chief Operating Officer | Sold plan | $3.3m50.0k shares |
| 2024-09-18 | Vollero Andrew Chief Financial Officer | Sold plan | $722.4k11.3k shares |
| 2024-09-16 | Huffman Steve Ladd CEO & President, director | Sold plan | $6.5m110.4k shares |
| 2024-09-16 | Wong Jennifer L. Chief Operating Officer | Sold plan | $2.0m33.3k shares |
| 2024-09-16 | Huffman Steve Ladd CEO & President, director | Sold plan | $828.7k14.0k shares |
| 2024-08-30 | Huffman Steve Ladd CEO & President, director | Sold plan | $833.4k14.0k shares |
| 2024-08-27 | Reynolds Michelle Marie Chief Accounting Officer | Sold plan | $480.0k8.0k shares |
| 2024-08-22 | Lee Benjamin Seong Chief Legal Officer | Sold plan | $1.0m18.5k shares |
| 2024-08-20 | Huffman Steve Ladd CEO & President, director | Sold plan | $6.0m110.4k shares |
| 2024-08-20 | Lee Benjamin Seong Chief Legal Officer | Sold plan | $2.5m45.8k shares |
| 2024-08-20 | Wong Jennifer L. Chief Operating Officer | Sold plan | $1.8m33.3k shares |
| 2024-08-20 | Slowe Christopher Brian Chief Technology Officer | Sold plan | $800.1k14.7k shares |
| 2024-08-20 | Huffman Steve Ladd CEO & President, director | Sold plan | $755.8k14.0k shares |
| 2024-08-20 | Reynolds Michelle Marie Chief Accounting Officer | Sold plan | $648.0k12.0k shares |
| 2024-08-20 | Slowe Christopher Brian Chief Technology Officer | Sold plan | $333.6k6.3k shares |
| 2024-08-20 | Slowe Christopher Brian Chief Technology Officer | Sold plan | $269.9k5.0k shares |
| 2024-08-13 | Gale Mary Porter Director | Sold | $1.1m20.0k shares |
| 2024-08-12 | Gale Mary Porter Director | Sold | $1.6m30.0k shares |
| 2024-08-09 | Gale Mary Porter Director | Sold | $790.9k15.0k 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, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.05% of their portfolio | 12.2m $801.4m | Added +9.1m |
| VY Capital Management Co. Ltd. 100.00% of their portfolio | 7.2m $474.4m | First filing |
| T. Rowe Price Investment Management, Inc. 0.16% of their portfolio | 4.0m $266.9m | Added +2.4m |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.2m $213.0m | Added +785.5k |
| Holocene Advisors, LP 0.80% of their portfolio | 3.0m $198.2m | Added +1.9m |
| CITADEL ADVISORS LLC 0.18% of their portfolio | 2.6m $173.5m | Added +2.4m |
| BlackRock, Inc. 0.00% of their portfolio | 2.5m $162.1m | First filing |
| Point72 Asset Management, L.P. 0.53% of their portfolio | 2.3m $151.4m | Added +2.2m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.0m $131.3m | Added +1.8m |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 1.7m $109.2m | Added +1.2m |
| LORD, ABBETT & CO. LLC 0.35% of their portfolio | 1.7m $108.8m | Added +1.4m |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 4.75% of their portfolio | 1.6m $105.4m | Reduced -28.8k |
| MARSHALL WACE, LLP 0.13% of their portfolio | 1.6m $102.4m | Added +705.6k |
| Balyasny Asset Management L.P. 0.25% of their portfolio | 1.5m $96.3m | Added +207.3k |
| JANE STREET GROUP, LLC 0.15% of their portfolio | 1.4m $95.5m | Added +1.4m |
| D. E. Shaw & Co., Inc. 0.12% of their portfolio | 1.4m $93.9m | New |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.3m $85.3m | Reduced -369.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 845.5k $55.7m | Added +832.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 824.2k $54.4m | Added +525.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 790.5k $52.1m | Added +704.2k |
| Blackstone Inc. 0.22% of their portfolio | 750.0k $49.4m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 730.4k $48.1m | Added +272.8k |
| LONG WALK MANAGEMENT LP 19.50% of their portfolio | 715.0k $47.1m | Added +157.5k |
| Woodline Partners LP 0.39% of their portfolio | 704.0k $46.4m | Added +402.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.16% of their portfolio | 658.7k $43.4m | New |
| Schonfeld Strategic Advisors LLC 0.32% of their portfolio | 589.0k $38.8m | Added +583.8k |
| UBS Group AG 0.01% of their portfolio | 587.8k $38.7m | Added +534.1k |
| Avala Global LP 2.37% of their portfolio | 546.1k $36.0m | Added +476.1k |
| Think Investments LP 6.74% of their portfolio | 523.4k $34.5m | Added +158.4k |
| JAT Capital Mgmt LP 5.83% of their portfolio | 517.2k $34.1m | Added +249.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 512.9k $33.8m | Added +201.8k |
| Amova Asset Management Americas, Inc. 0.38% of their portfolio | 512.9k $33.8m | Added +201.8k |
| Cresset Asset Management, LLC 0.13% of their portfolio | 504.2k $33.2m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 504.1k $33.2m | Added +453.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 503.3k $33.2m | Added +332.6k |
| TIGER GLOBAL MANAGEMENT LLC 0.14% of their portfolio | 500.0k $33.0m | Unchanged |
| Broad Bay Capital Management, LP 4.42% of their portfolio | 487.7k $32.1m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 460.2k $30.3m | Added +148.0k |
| BIT Capital GmbH 2.90% of their portfolio | 458.4k $30.2m | Added +419.6k |
| Quinn Opportunity Partners LLC 3.00% of their portfolio | 456.3k $30.1m | Added +442.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 451.7k $29.8m | Added +241.8k |
| Man Group plc 0.08% of their portfolio | 432.9k $28.5m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 417.0k $27.5m | Added +415.6k |
| Walleye Capital LLC 0.27% of their portfolio | 379.2k $25.0m | Added +108.5k |
| NORGES BANK 0.00% of their portfolio | 372.1k $24.5m | Unchanged |
| ARK Investment Management LLC 0.21% of their portfolio | 352.7k $23.3m | Added +192.8k |
| Atreides Management, LP 0.76% of their portfolio | 342.5k $22.6m | Added +60.6k |
| Jump Financial, LLC 0.45% of their portfolio | 336.4k $22.2m | New |
| STATE STREET CORP 0.00% of their portfolio | 322.3k $21.2m | Added +210.9k |
| HAMILTON LANE ADVISORS LLC 17.98% of their portfolio | 314.9k $20.8m | New |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 314.6k $20.7m | Added +157.8k |
| SELDON CAPITAL LP 11.15% of their portfolio | 300.0k $19.8m | Unchanged |
| Nishkama Capital, LLC 3.00% of their portfolio | 294.7k $19.4m | New |
| Woodson Capital Management, LP 4.09% of their portfolio | 285.0k $18.8m | New |
| Interval Partners, LP 0.51% of their portfolio | 269.2k $17.7m | New |
| TD Asset Management Inc 0.02% of their portfolio | 266.8k $17.9m | Added +164.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 255.3k $16.8m | Added +248.5k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 251.0k $16.5m | Added +111.3k |
| MAPLELANE CAPITAL, LLC 1.80% of their portfolio | 234.1k $15.4m | New |
| ACADIAN ASSET MANAGEMENT LLC 0.05% of their portfolio | 234.0k $15.4m | New |
| BAMCO INC /NY/ 0.04% of their portfolio | 221.3k $14.6m | Added +10.2k |
| Candlestick Capital Management LP 0.56% of their portfolio | 205.6k $13.6m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio | 200.0k $13.2m | Unchanged |
| Engineers Gate Manager LP 0.24% of their portfolio | 189.1k $12.5m | New |
| Granahan Investment Management, LLC 0.47% of their portfolio | 181.8k $12.0m | Reduced -4.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 177.8k $11.7m | Reduced -7.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 170.7k $11.3m | Added +109.0k |
| Carnegie Investment Counsel 0.33% of their portfolio | 170.1k $11.2m | Added +43.8k |
| Driehaus Capital Management LLC 0.10% of their portfolio | 168.1k $11.1m | New |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 161.9k $10.7m | New |
| G2 Investment Partners Management LLC 2.80% of their portfolio | 149.6k $9.9m | Added +96.7k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 141.8k $6.6m | Added +6.8k |
| SEVEN EIGHT CAPITAL, LP 0.68% of their portfolio | 115.5k $7.6m | New |
| Mission Creek Capital Partners, Inc. 1.74% of their portfolio | 113.6k $7.5m | New |
| Polar Asset Management Partners Inc. 0.17% of their portfolio | 110.4k $7.3m | Added +75.3k |
| Quantbot Technologies LP 0.28% of their portfolio | 109.6k $7.2m | New |
| Portman Ltd 17.63% of their portfolio | 107.1k $7.1m | New |
| TWINBEECH CAPITAL LP 0.13% of their portfolio | 105.2k $6.9m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 100.4k $6.6m | Added +27.1k |
| SEVEN GRAND MANAGERS, LLC 1.47% of their portfolio | 100.0k $6.6m | Unchanged |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.46% of their portfolio | 91.6k $6.0m | Added +66.6k |
| a16z Perennial Management, L.P. 0.37% of their portfolio | 90.4k $6.0m | New |
| CIBC Private Wealth Group LLC 0.01% of their portfolio | 86.9k $5.7m | New |
| Davidson Kempner Capital Management LP 0.12% of their portfolio | 85.0k $5.6m | Not comparable |
| VESTOR CAPITAL, LLC 0.44% of their portfolio | 84.8k $5.6m | Added +922 |
| ROYCE & ASSOCIATES LP 0.05% of their portfolio | 79.5k $5.2m | Unchanged |
| Hood River Capital Management LLC 0.08% of their portfolio | 76.6k $5.0m | New |
| Shellback Capital, LP 0.40% of their portfolio | 75.0k $4.9m | New |
| Hidden Lake Asset Management LP 4.37% of their portfolio | 74.6k $4.9m | New |
| Polymer Capital Management (HK) LTD 1.09% of their portfolio | 71.3k $4.7m | Added +50.3k |
| AlpInvest Partners B.V. 2.77% of their portfolio | 71.1k $4.7m | New |
| Maytus Capital Management, LLC 1.62% of their portfolio | 70.0k $4.6m | New |
| General Catalyst Group Management, LLC 0.32% of their portfolio | 69.6k $4.6m | Unchanged |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.84% of their portfolio | 69.6k $4.6m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 69.1k $4.6m | New |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 68.4k $4.5m | Added +25.7k |
| IEQ CAPITAL, LLC 0.05% of their portfolio | 65.5k $4.3m | New |
| SORA INVESTORS LLC 0.75% of their portfolio | 65.0k $4.3m | New |
| Trexquant Investment LP 0.05% of their portfolio | 64.5k $4.2m | New |
| Graham Capital Management, L.P. 0.14% of their portfolio | 63.0k $4.2m | New |