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 ($48.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.59. Options: 57 managers hold calls ($1.4bn notional), 46 hold puts ($736.6m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 596 |
| Q4 2022 | 579 |
| Q1 2023 | 572 |
| Q2 2023 | 556 |
| Q3 2023 | 533 |
| Q4 2023 | 561 |
| Q1 2024 | 580 |
| Q2 2024 | 573 |
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 |
| Q3 2023 | 214 | 251 |
| Q4 2023 | 221 | 254 |
| Q1 2024 | 287 | 221 |
| Q2 2024 | 261 | 258 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $544.8m | $370.3m | 0.68 |
| Q4 2023 | $1.7bn | $847.2m | 0.51 |
| Q1 2024 | $1.2bn | $508.9m | 0.42 |
| Q2 2024 | $1.4bn | $736.6m | 0.54 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +16.4m |
| Amundi | Added | +14.0m |
| MARSHALL WACE, LLP | Added | +12.5m |
| SRS Investment Management, LLC | Added | +7.6m |
| TWO SIGMA INVESTMENTS, LP | Added | +6.8m |
| Point72 Asset Management, L.P. | New | +6.0m |
| MILLENNIUM MANAGEMENT LLC | Added | +4.9m |
| TWO SIGMA ADVISERS, LP | Added | +4.5m |
| D. E. Shaw & Co., Inc. | Added | +4.0m |
| Kodai Capital Management LP | Added | +3.4m |
Biggest sellers
| MORGAN STANLEY | Reduced | -16.1m |
| GOLDMAN SACHS GROUP INC | Reduced | -11.1m |
| JPMORGAN CHASE & CO | Reduced | -11.0m |
| Carmignac Gestion | Sold out | -6.9m |
| FIRST TRUST ADVISORS LP | Reduced | -4.6m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -3.8m |
| DEUTSCHE BANK AG\ | Reduced | -1.5m |
| FMR LLC | Reduced | -1.3m |
| TB Alternative Assets Ltd. | Reduced | -1.2m |
| NATIXIS | Reduced | -1.1m |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $203.2m12.2m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $146.9m8.8m shares |
| CITADEL ADVISORS LLC | Reduced | $121.3m7.3m shares |
| JPMORGAN CHASE & CO | Reduced | $119.4m7.2m shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $82.2m49.5k shares |
| UBS Group AG | Reduced | $79.8m4.8m shares |
| Optiver Holding B.V. | Reduced | $66.1m4.0m shares |
| D. E. Shaw & Co., Inc. | Added | $63.1m3.8m shares |
| GOLDMAN SACHS GROUP INC | Added | $61.1m3.7m shares |
| SIMPLEX TRADING, LLC | Reduced | $47.6m2.9m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $109.8m6.6m shares |
| CITADEL ADVISORS LLC | Added | $83.3m5.0m shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $65.8m4.0m shares |
| IMC-Chicago, LLC | Added | $47.0m2.8m shares |
| SIMPLEX TRADING, LLC | Reduced | $40.6m2.4m shares |
| Optiver Holding B.V. | Reduced | $39.8m2.4m shares |
| JPMORGAN CHASE & CO | Reduced | $38.2m2.3m shares |
| Elliott Investment Management L.P. | New | $33.2m2.0m shares |
| D. E. Shaw & Co., Inc. | Added | $27.5m1.7m shares |
| Twin Tree Management, LP | Added | $26.9m1.6m 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 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 | — | 8 | $13.0m | — |
| Q4 2022 | 0 | — | 6 | $11.9m | — |
| Q1 2023 | 0 | — | 5 | $13.7m | — |
| Q2 2023 | 0 | — | 5 | $14.2m | $12.6m |
| Q3 2023 | 0 | — | 8 | $16.5m | $14.6m |
| Q4 2023 | 0 | — | 7 | $14.7m | $12.7m |
| Q1 2024 | 0 | — | 5 | $5.5m | $2.3m |
| Q2 2024 | 0 | — | 7 | $22.8m | $19.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-28 | O'Sullivan Michael J. General Counsel · By Trust | Sold plan | $298.1k18.0k shares |
| 2024-06-17 | Andersen Derek Chief Financial Officer | Sold plan | $1.9m122.4k shares |
| 2024-06-17 | O'Sullivan Michael J. General Counsel | Sold | $913.9k58.9k shares |
| 2024-06-17 | Morrow Rebecca CAO | Sold | $37.4k2.4k shares |
| 2024-06-11 | Coles Joanna Director | Sold plan | $59.9k4.0k shares |
| 2024-05-31 | O'Sullivan Michael J. General Counsel · By Trust | Sold plan | $270.2k18.0k shares |
| 2024-05-16 | Young Eric SVP of Engineering | Sold | $1.8m115.9k shares |
| 2024-05-16 | O'Sullivan Michael J. General Counsel | Sold | $202.0k12.7k shares |
| 2024-05-16 | Morrow Rebecca CAO | Sold | $141.8k8.9k shares |
| 2024-05-15 | Andersen Derek Chief Financial Officer | Sold plan | $419.4k26.7k shares |
| 2024-04-30 | O'Sullivan Michael J. General Counsel · By Trust | Sold plan | $271.8k18.0k shares |
| 2024-04-29 | Murphy Robert C. Chief Technology Officer, director | Sold plan | $14.3m1.0m shares |
| 2024-04-29 | Spiegel Evan Chief Executive Officer, director · By Trust | Sold plan | $2.2m150.0k shares |
| 2024-04-16 | Morrow Rebecca CAO | Sold | $4.4k428 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 0.22% of their portfolio | 206.8m $3.4bn | Reduced -1.3m |
| VANGUARD GROUP INC 0.03% of their portfolio | 98.9m $1.6bn | Added +2.7m |
| SRS Investment Management, LLC 16.44% of their portfolio | 72.7m $1.2bn | Added +7.6m |
| BANK OF AMERICA CORP /DE/ 0.11% of their portfolio | 67.2m $1.1bn | Added +407.6k |
| Capital World Investors 0.13% of their portfolio | 46.6m $773.6m | Added +301.1k |
| BlackRock Inc. 0.01% of their portfolio | 39.7m $659.3m | Reduced -410.6k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 21.3m $354.6m | Reduced -11.1m |
| CITADEL ADVISORS LLC 0.33% of their portfolio | 20.1m $334.0m | Added +16.4m |
| Amundi 0.09% of their portfolio | 15.5m $244.3m | Added +14.0m |
| MARSHALL WACE, LLP 0.34% of their portfolio | 14.7m $243.6m | Added +12.5m |
| STATE STREET CORP 0.01% of their portfolio | 13.0m $215.2m | Added +379.6k |
| OSSIAM 3.57% of their portfolio | 11.3m $188.5m | Added +11.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 11.1m $184.3m | Reduced -121.3k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 10.7m $178.3m | Reduced -11.0m |
| MORGAN STANLEY 0.01% of their portfolio | 9.1m $150.7m | Reduced -16.1m |
| TWO SIGMA ADVISERS, LP 0.31% of their portfolio | 8.3m $138.7m | Added +4.5m |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 8.3m $138.1m | Added +4.9m |
| D. E. Shaw & Co., Inc. 0.19% of their portfolio | 8.0m $132.7m | Added +4.0m |
| TWO SIGMA INVESTMENTS, LP 0.27% of their portfolio | 6.9m $115.2m | Added +6.8m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 6.2m $102.2m | Added +1.1m |
| Point72 Asset Management, L.P. 0.32% of their portfolio | 6.0m $99.3m | New |
| SOMA EQUITY PARTNERS LP 4.52% of their portfolio | 4.7m $78.6m | Reduced -764.3k |
| Kodai Capital Management LP 1.49% of their portfolio | 4.7m $78.1m | Added +3.4m |
| Legal & General Group Plc 0.02% of their portfolio | 4.5m $75.5m | Added +1.2m |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 4.0m $67.0m | Reduced -4.6m |
| TB Alternative Assets Ltd. 15.02% of their portfolio | 3.9m $64.5m | Reduced -1.2m |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 3.8m $63.8m | Reduced -1.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.8m $63.5m | Added +327.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 3.8m $63.0m | Added +449.7k |
| BARCLAYS PLC 0.03% of their portfolio | 3.3m $55.5m | Added +825.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.20% of their portfolio | 3.3m $55.1m | Reduced -600.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 3.3m $55.1m | Reduced -299.8k |
| Think Investments LP 11.28% of their portfolio | 3.3m $54.8m | Added +558.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio | 3.1m $52.2m | Reduced -999.8k |
| Swiss National Bank 0.04% of their portfolio | 3.1m $51.5m | Reduced -26.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.0m $50.1m | Added +490.9k |
| APG Asset Management N.V. 0.08% of their portfolio | 3.0m $45.8m | Added +112.1k |
| Assenagon Asset Management S.A. 0.12% of their portfolio | 2.8m $46.9m | Added +1.2m |
| Whale Rock Capital Management LLC 0.64% of their portfolio | 2.7m $45.3m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.18% of their portfolio | 2.6m $43.4m | Added +458.4k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 2.5m $42.2m | Added +1.7m |
| UBS Group AG 0.01% of their portfolio | 2.4m $40.1m | Reduced -966.3k |
| National Pension Service 0.04% of their portfolio | 1.9m $31.9m | Added +149.9k |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 1.9m $31.3m | Added +828.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.12% of their portfolio | 1.8m $29.2m | Added +89.3k |
| Squarepoint Ops LLC 0.11% of their portfolio | 1.7m $28.6m | Reduced -563.1k |
| Twin Tree Management, LP 0.81% of their portfolio | 1.7m $27.7m | Added +591.4k |
| Invesco Ltd. 0.01% of their portfolio | 1.6m $27.1m | Added +640.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 1.6m $26.9m | Added +85.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.6m $25.9m | Added +27.7k |
| NATIXIS 0.16% of their portfolio | 1.5m $25.4m | Reduced -1.1m |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 1.5m $25.1m | Added +72.3k |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 1.5m $24.9m | Reduced -321.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.5m $24.5m | Added +832.6k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 1.4m $23.2m | Added +421.4k |
| Alta Park Capital, LP 3.01% of their portfolio | 1.4m $22.9m | New |
| Amova Asset Management Americas, Inc. 0.26% of their portfolio | 1.4m $22.9m | Reduced -127.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.4m $22.6m | Added +889.9k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 3.00% of their portfolio | 1.4m $22.6m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.26% of their portfolio | 1.4m $22.5m | Reduced -633.7k |
| DAVENPORT & Co LLC 0.14% of their portfolio | 1.3m $22.2m | Added +232.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.05% of their portfolio | 1.2m $20.6m | First filing |
| Cinctive Capital Management LP 1.10% of their portfolio | 1.2m $20.6m | Added +873.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.2m $20.2m | Added +14.9k |
| Davidson Kempner Capital Management LP 0.31% of their portfolio | 1.1m $18.6m | Added +856.3k |
| Cubist Systematic Strategies, LLC 0.31% of their portfolio | 1.1m $17.9m | Added +845.3k |
| Ardmore Road Asset Management LP 2.56% of their portfolio | 1.0m $16.6m | Reduced -300.0k |
| Schonfeld Strategic Advisors LLC 0.12% of their portfolio | 953.5k $15.8m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 948.8k $15.8m | Added +9.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 924.2k $15.4m | Reduced -1.0m |
| Rheos Capital Works Inc. 0.78% of their portfolio | 900.0k $14.9m | New |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 870.6k $14.5m | Reduced -4.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 855.3k $14.2m | Reduced -85.9k |
| Walleye Capital LLC 0.14% of their portfolio | 803.1k $13.3m | Added +293.7k |
| TUDOR INVESTMENT CORP ET AL 0.14% of their portfolio | 745.1k $12.4m | Reduced -471.0k |
| Swedbank AB 0.02% of their portfolio | 722.8k $12.0m | Added +36.6k |
| Polar Asset Management Partners Inc. 0.29% of their portfolio | 688.9k $11.4m | Added +336.4k |
| J. Goldman & Co LP 0.42% of their portfolio | 686.2k $11.4m | Added +667.5k |
| CITIGROUP INC 0.01% of their portfolio | 655.1k $10.9m | Reduced -697.8k |
| Milestone Resources Group Ltd 0.37% of their portfolio | 648.7k $10.8m | Unchanged |
| Trexquant Investment LP 0.16% of their portfolio | 627.3k $10.4m | Reduced -16.7k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 618.7k $10.3m | Added +123.0k |
| Quadrature Capital Ltd 0.17% of their portfolio | 612.1k $10.2m | Added +330.5k |
| EULAV Asset Management 0.27% of their portfolio | 605.0k $10.0m | Reduced -35.0k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 589.2k $9.7m | Reduced -3.8m |
| EXCHANGE TRADED CONCEPTS, LLC 0.24% of their portfolio | 565.9k $9.4m | Reduced -343.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 555.9k $9.2m | Added +128.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 555.1k $9.2m | Reduced -1.5k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.09% of their portfolio | 538.7k $9.0m | Added +151.0k |
| Curated Wealth Partners LLC 1.24% of their portfolio | 536.5k $8.9m | New |
| Illinois Municipal Retirement Fund 0.13% of their portfolio | 524.0k $8.7m | Added +175.5k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 510.3k $8.5m | Reduced -6.2k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 505.6k $8.5m | Added +324.4k |
| Susquehanna Portfolio Strategies, LLC 0.34% of their portfolio | 495.4k $8.2m | Unchanged |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 477.4k $7.9m | Reduced -10.3k |
| Fund 1 Investments, LLC 1.08% of their portfolio | 472.8k $7.9m | Reduced -158.2k |
| Bayesian Capital Management, LP 0.90% of their portfolio | 472.6k $7.8m | New |
| Nishkama Capital, LLC 1.11% of their portfolio | 446.9k $7.4m | New |
| Parallax Volatility Advisers, L.P. 0.19% of their portfolio | 442.7k $7.4m | Added +328.3k |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 436.5k $7.2m | Added +404.2k |