SNAP INC SNAP
CL A · Common Stock · CUSIP 83304A106 · ISIN US83304A1060
American multinational technology company
* 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 ($21.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.83. Options: 55 managers hold calls ($798.1m notional), 49 hold puts ($601.0m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 596 |
| Q4 2022 | 579 |
| Q1 2023 | 572 |
| Q2 2023 | 556 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 208 | 297 |
| Q1 2023 | 229 | 274 |
| Q2 2023 | 222 | 260 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $710.4m | $676.6m | 0.95 |
| Q4 2022 | $751.7m | $575.6m | 0.77 |
| Q1 2023 | $626.6m | $697.8m | 1.11 |
| Q2 2023 | $798.1m | $601.0m | 0.75 |
Biggest buyers
| SRS Investment Management, LLC | New | +52.7m |
| Capital World Investors | Added | +7.9m |
| Amundi | Added | +5.0m |
| SG Americas Securities, LLC | Added | +3.5m |
| ALLIANCEBERNSTEIN L.P. | Added | +3.5m |
| KETTLE HILL CAPITAL MANAGEMENT, LLC | New | +2.2m |
| FIRST TRUST ADVISORS LP | Added | +2.1m |
| VANGUARD GROUP INC | Added | +2.0m |
| DEUTSCHE BANK AG\ | Added | +1.6m |
| ROYAL BANK OF CANADA | Added | +1.5m |
Biggest sellers
| FMR LLC | Reduced | -117.9m |
| JPMORGAN CHASE & CO | Reduced | -13.3m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -7.5m |
| Capital International Investors | Sold out | -4.2m |
| Holocene Advisors, LP | Reduced | -4.1m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -3.1m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -3.0m |
| JANE STREET GROUP, LLC | Reduced | -2.4m |
| Assenagon Asset Management S.A. | Reduced | -2.2m |
| MARSHALL WACE, LLP | Reduced | -2.2m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $135.2m11.4m shares |
| JANE STREET GROUP, LLC | Added | $97.5m8.2m shares |
| JPMORGAN CHASE & CO | New | $93.5m7.9m shares |
| CITADEL ADVISORS LLC | Added | $64.5m5.4m shares |
| Capital Markets Trading UK LLP | Added | $43.0m3.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $41.1m3.5m shares |
| IMC-Chicago, LLC | Reduced | $30.4m2.6m shares |
| Optiver Holding B.V. | Added | $29.0m2.4m shares |
| HSBC HOLDINGS PLC | Added | $26.5m2.2m shares |
| CITIGROUP INC | Unchanged | $26.0m2.2m shares |
Biggest puts
| JANE STREET GROUP, LLC | Reduced | $110.8m9.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $101.0m8.5m shares |
| CITADEL ADVISORS LLC | Reduced | $55.3m4.7m shares |
| SIMPLEX TRADING, LLC | Added | $49.2m4.2m shares |
| UBS Group AG | Reduced | $45.1m3.8m shares |
| IMC-Chicago, LLC | Reduced | $25.7m2.2m shares |
| Optiver Holding B.V. | Reduced | $25.3m2.1m shares |
| CTC LLC | Reduced | $22.9m19.4k shares |
| JPMORGAN CHASE & CO | Added | $21.6m1.8m shares |
| Twin Tree Management, LP | Reduced | $20.9m1.8m 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: FMR LLC (4.8%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2023
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 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 8 | $87.9m | — |
| Q1 2022 | 0 | — | 6 | $519.7k | — |
| Q2 2022 | 0 | — | 7 | $14.5m | — |
| Q3 2022 | 0 | — | 8 | $13.0m | — |
| Q4 2022 | 0 | — | 6 | $11.9m | — |
| Q1 2023 | 0 | — | 5 | $13.7m | — |
| Q2 2023 | 0 | — | 5 | $14.2m | $12.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-30 | O'Sullivan Michael J. General Counsel · By Trust | Sold plan | $154.3k13.0k shares |
| 2023-06-20 | Hunter Jerry James Chief Operating Officer | Sold plan | $518.3k48.7k shares |
| 2023-06-16 | Hunter Jerry James Chief Operating Officer | Sold plan | $794.6k75.5k shares |
| 2023-06-16 | Andersen Derek Chief Financial Officer | Sold | $556.4k52.9k shares |
| 2023-06-16 | Morrow Rebecca CAO | Sold | $12.8k1.2k shares |
| 2023-06-12 | Murphy Robert C. Chief Technology Officer, director | Sold plan | $10.1m1.0m shares |
| 2023-05-31 | O'Sullivan Michael J. General Counsel · By Trust | Sold | $129.9k13.0k shares |
| 2023-05-16 | Hunter Jerry James Chief Operating Officer | Sold plan | $548.1k64.4k shares |
| 2023-05-16 | O'Sullivan Michael J. General Counsel | Sold | $517.3k60.8k shares |
| 2023-05-16 | Andersen Derek Chief Financial Officer | Sold | $340.8k40.0k shares |
| 2023-05-12 | Hunter Jerry James Chief Operating Officer · By Trust | Sold plan | $367.2k42.1k shares |
| 2023-04-28 | O'Sullivan Michael J. General Counsel · By Trust | Sold plan | $111.2k13.0k shares |
| 2023-04-17 | Morrow Rebecca CAO | Sold | $60.0k5.6k 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 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.16% of their portfolio | 157.4m $1.9bn | Reduced -117.9m |
| VANGUARD GROUP INC 0.03% of their portfolio | 90.5m $1.1bn | Added +2.0m |
| SRS Investment Management, LLC 7.16% of their portfolio | 52.7m $623.5m | New |
| Capital World Investors 0.09% of their portfolio | 38.5m $456.3m | Added +7.9m |
| BlackRock Inc. 0.01% of their portfolio | 36.9m $437.3m | Reduced -1.0m |
| D. E. Shaw & Co., Inc. 0.48% of their portfolio | 26.1m $309.2m | Added +75.3k |
| GOLDMAN SACHS GROUP INC 0.08% of their portfolio | 25.0m $295.8m | Added +414.2k |
| TWO SIGMA ADVISERS, LP 0.71% of their portfolio | 23.4m $277.1m | Reduced -1.2m |
| TWO SIGMA INVESTMENTS, LP 0.53% of their portfolio | 16.7m $197.3m | Reduced -3.1m |
| STATE STREET CORP 0.01% of their portfolio | 13.1m $155.3m | Added +662.2k |
| BAILLIE GIFFORD & CO 0.10% of their portfolio | 10.4m $122.7m | Reduced -521.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 9.8m $115.7m | Added +392.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.51% of their portfolio | 9.2m $108.4m | Reduced -2.1m |
| MORGAN STANLEY 0.01% of their portfolio | 8.9m $105.5m | Added +507.1k |
| SOMA EQUITY PARTNERS LP 5.26% of their portfolio | 8.0m $94.7m | Unchanged |
| Artisan Partners Limited Partnership 0.15% of their portfolio | 7.9m $94.0m | Added +21.0k |
| FIRST TRUST ADVISORS LP 0.11% of their portfolio | 7.8m $92.9m | Added +2.1m |
| Amundi 0.04% of their portfolio | 6.3m $76.0m | Added +5.0m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 6.0m $67.8m | Unchanged |
| SG Americas Securities, LLC 0.60% of their portfolio | 6.0m $70.9m | Added +3.5m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 5.8m $68.1m | Reduced -13.3m |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 5.5m $65.3m | Added +993.3k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 5.1m $60.2m | Added +1.6m |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 4.7m $55.7m | Reduced -3.0m |
| Assenagon Asset Management S.A. 0.21% of their portfolio | 4.4m $52.4m | Reduced -2.2m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 4.1m $48.3m | Added +50.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 4.1m $48.0m | Reduced -836.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio | 4.0m $47.5m | Reduced -1.0m |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 3.8m $45.5m | Added +3.5m |
| Legal & General Group Plc 0.01% of their portfolio | 3.8m $44.7m | Reduced -75.7k |
| MARSHALL WACE, LLP 0.09% of their portfolio | 3.7m $43.9m | Reduced -2.2m |
| Swiss National Bank 0.03% of their portfolio | 3.6m $42.6m | Reduced -708.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.2m $37.8m | Added +87.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 2.9m $34.6m | Reduced -1.1m |
| APG Asset Management N.V. 0.06% of their portfolio | 2.6m $28.3m | Reduced -79.4k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 2.5m $30.2m | Reduced -2.4m |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.16% of their portfolio | 2.3m $27.6m | Reduced -50.6k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 2.2m $26.3m | Added +609.8k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 5.11% of their portfolio | 2.2m $25.8m | New |
| CITIGROUP INC 0.03% of their portfolio | 2.1m $24.9m | Reduced -226.3k |
| TB Alternative Assets Ltd. 6.14% of their portfolio | 2.1m $24.7m | Added +190.6k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 2.1m $24.5m | Added +1.5m |
| Varma Mutual Pension Insurance Co 0.28% of their portfolio | 2.0m $23.7m | Reduced -858.8k |
| BARCLAYS PLC 0.02% of their portfolio | 2.0m $23.5m | Reduced -401.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.9m $22.8m | Reduced -143.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 1.9m $22.7m | Reduced -28.6k |
| Amova Asset Management Americas, Inc. 0.23% of their portfolio | 1.9m $22.1m | Reduced -53.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.7m $20.6m | Reduced -961.3k |
| Invesco Ltd. 0.01% of their portfolio | 1.6m $19.4m | Added +919.8k |
| UBS Group AG 0.01% of their portfolio | 1.5m $18.2m | Added +203.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.5m $17.8m | Reduced -12.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.09% of their portfolio | 1.5m $17.6m | Added +1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.5m $17.4m | Added +177.0k |
| Slate Path Capital LP 0.63% of their portfolio | 1.5m $17.3m | Added +110.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.07% of their portfolio | 1.4m $16.2m | Added +500.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.4m $16.1m | Reduced -18.5k |
| Polar Asset Management Partners Inc. 0.31% of their portfolio | 1.3m $15.7m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 1.3m $15.1m | Reduced -204.9k |
| TOBAM 1.11% of their portfolio | 1.2m $14.7m | Reduced -72.8k |
| EXCHANGE TRADED CONCEPTS, LLC 0.36% of their portfolio | 1.2m $14.5m | Added +222.5k |
| Invenomic Capital Management LP 0.70% of their portfolio | 1.1m $12.6m | Reduced -12.5k |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 994.1k $11.8m | Reduced -61.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 974.7k $11.5m | Added +344.7k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 953.3k $11.5m | Added +800.6k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 925.1k $11.0m | Added +166.8k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.10% of their portfolio | 914.4k $10.8m | Unchanged |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 894.9k $10.6m | Reduced -865.0k |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 886.9k $10.5m | First filing |
| HighTower Advisors, LLC 0.02% of their portfolio | 871.3k $10.3m | Added +151.3k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 1.34% of their portfolio | 857.3k $10.2m | Added +736.8k |
| Quadrature Capital Ltd 0.20% of their portfolio | 763.8k $9.0m | Added +429.4k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 758.7k $9.0m | Reduced -31.8k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 756.9k $9.0m | Reduced -165.8k |
| Swedbank AB 0.02% of their portfolio | 749.5k $8.9m | Added +331.1k |
| J.P. Morgan Private Wealth Advisors LLC 0.05% of their portfolio | 737.2k $8.7m | Added +147.2k |
| SIMPLEX TRADING, LLC 0.37% of their portfolio | 735.7k $8.7m | New |
| AVIVA PLC 0.03% of their portfolio | 705.5k $8.4m | Added +527.3k |
| PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.17% of their portfolio | 681.2k $8.1m | New |
| Jefferies Financial Group Inc. 0.17% of their portfolio | 660.0k $7.8m | Added +598.1k |
| Milestone Resources Group Ltd 0.37% of their portfolio | 648.7k $7.7m | Unchanged |
| State of New Jersey Common Pension Fund D 0.02% of their portfolio | 622.1k $7.4m | Reduced -44.9k |
| PANAGORA ASSET MANAGEMENT INC 0.04% of their portfolio | 620.3k $7.3m | Added +14.5k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.27% of their portfolio | 617.5k $7.3m | Reduced -690.6k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 616.1k $7.3m | Added +339.0k |
| Schonfeld Strategic Advisors LLC 0.06% of their portfolio | 609.1k $7.2m | Added +571.3k |
| Vontobel Holding Ltd. 0.06% of their portfolio | 599.7k $7.1m | Added +217.0k |
| Handelsbanken Fonder AB 0.04% of their portfolio | 577.1k $6.8m | Added +110.9k |
| Ensign Peak Advisors, Inc 0.01% of their portfolio | 565.8k $6.7m | Added +460.6k |
| EULAV Asset Management 0.25% of their portfolio | 560.0k $6.6m | Added +65.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 558.8k $6.6m | Reduced -7.5m |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 555.0k $6.6m | Reduced -87.1k |
| Curated Wealth Partners LLC 1.23% of their portfolio | 536.5k $6.4m | Unchanged |
| RIPOSTE CAPITAL LLC 2.64% of their portfolio | 530.0k $6.3m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 518.4k $6.1m | Reduced -57.9k |
| Holocene Advisors, LP 0.03% of their portfolio | 505.5k $6.0m | Reduced -4.1m |
| Optiver Holding B.V. 0.17% of their portfolio | 500.9k $5.9m | Reduced -226.2k |
| WESTERLY CAPITAL MANAGEMENT, LLC 3.82% of their portfolio | 500.0k $5.9m | New |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.08% of their portfolio | 495.2k $5.9m | Reduced -79.9k |
| TORONTO DOMINION BANK 0.00% of their portfolio | 494.4k $5.8m | Added +181.8k |
| TWO SIGMA SECURITIES, LLC 0.48% of their portfolio | 490.8k $5.8m | Added +356.5k |