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 ($20.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.71. Options: 52 managers hold calls ($438.3m notional), 39 hold puts ($297.2m).
Trends to Q2 2025
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 |
| Q3 2024 | 563 |
| Q4 2024 | 572 |
| Q1 2025 | 569 |
| Q2 2025 | 543 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 214 | 251 |
| Q4 2023 | 221 | 254 |
| Q1 2024 | 287 | 221 |
| Q2 2024 | 261 | 258 |
| Q3 2024 | 244 | 262 |
| Q4 2024 | 224 | 257 |
| Q1 2025 | 264 | 235 |
| Q2 2025 | 247 | 259 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $801.5m | $440.5m | 0.55 |
| Q4 2024 | $943.5m | $467.5m | 0.50 |
| Q1 2025 | $627.7m | $321.2m | 0.51 |
| Q2 2025 | $438.3m | $297.2m | 0.68 |
Biggest buyers
| Contour Asset Management LLC | New | +10.6m |
| TWO SIGMA INVESTMENTS, LP | Added | +9.2m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +6.7m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +5.5m |
| UBS Group AG | Added | +5.0m |
| TWO SIGMA ADVISERS, LP | Added | +5.0m |
| D. E. Shaw & Co., Inc. | Added | +4.9m |
| MORGAN STANLEY | Added | +4.4m |
| HRT FINANCIAL LP | Added | +4.3m |
| JANE STREET GROUP, LLC | Added | +3.1m |
Biggest sellers
| SRS Investment Management, LLC | Reduced | -41.2m |
| FMR LLC | Reduced | -25.7m |
| GOLDMAN SACHS GROUP INC | Reduced | -13.7m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -7.2m |
| Assenagon Asset Management S.A. | Reduced | -6.3m |
| DEUTSCHE BANK AG\ | Reduced | -5.0m |
| Man Group plc | Reduced | -4.0m |
| NATIXIS | Sold out | -2.9m |
| NORGES BANK | Sold out | -2.8m |
| VANGUARD GROUP INC | Reduced | -2.5m |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $96.7m11.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $43.8m5.0m shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $40.8m47.0k shares |
| UBS Group AG | Reduced | $33.8m3.9m shares |
| CITADEL ADVISORS LLC | Reduced | $28.2m3.2m shares |
| IMC-Chicago, LLC | Added | $21.2m2.4m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $19.8m2.3m shares |
| Walleye Trading LLC | Added | $17.7m2.0m shares |
| J. Goldman & Co LP | Added | $15.8m1.8m shares |
| HSBC HOLDINGS PLC | Reduced | $15.4m1.8m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $56.5m6.5m shares |
| BARCLAYS PLC | Added | $41.0m4.7m shares |
| CITADEL ADVISORS LLC | Reduced | $29.8m3.4m shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $28.1m3.2m shares |
| UBS Group AG | Added | $18.6m2.1m shares |
| JANE STREET GROUP, LLC | Added | $14.3m1.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $12.4m1.4m shares |
| IMC-Chicago, LLC | Reduced | $12.1m1.4m shares |
| Walleye Trading LLC | Added | $10.9m1.3m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $7.8m895.7k 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 2025
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 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 |
| Q3 2024 | 0 | — | 9 | $13.6m | $10.9m |
| Q4 2024 | 0 | — | 7 | $19.4m | $17.3m |
| Q1 2025 | 0 | — | 6 | $15.1m | $13.5m |
| Q2 2025 | 0 | — | 6 | $13.3m | $12.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-30 | O'Sullivan Michael J. General Counsel · By Trust | Sold plan | $209.0k24.0k shares |
| 2025-06-16 | Andersen Derek Chief Financial Officer | Sold | $272.4k33.9k shares |
| 2025-06-16 | Mohan Ajit Chief Business Officer | Sold | $222.0k27.6k shares |
| 2025-06-16 | O'Sullivan Michael J. General Counsel | Sold | $114.9k14.3k shares |
| 2025-06-16 | Morrow Rebecca Chief Accounting Officer | Sold | $20.7k2.6k shares |
| 2025-05-30 | O'Sullivan Michael J. General Counsel · By Trust | Sold plan | $195.6k24.0k shares |
| 2025-05-16 | Young Eric SVP of Engineering | Sold plan | $1.0m117.6k shares |
| 2025-05-16 | O'Sullivan Michael J. General Counsel | Sold | $591.4k68.8k shares |
| 2025-05-16 | Andersen Derek Chief Financial Officer | Sold plan | $525.2k61.1k shares |
| 2025-05-16 | Morrow Rebecca CAO | Sold | $79.0k9.2k shares |
| 2025-05-14 | Andersen Derek Chief Financial Officer | Sold plan | $1.9m208.5k shares |
| 2025-05-01 | Murphy Robert C. Chief Technology Officer, director | Sold plan | $8.0m1.0m shares |
| 2025-04-30 | O'Sullivan Michael J. General Counsel · By Trust | Sold plan | $185.8k24.0k 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.09% of their portfolio | 181.4m $1.6bn | Reduced -25.7m |
| VANGUARD GROUP INC 0.02% of their portfolio | 107.0m $929.6m | Reduced -2.5m |
| Capital World Investors 0.11% of their portfolio | 86.0m $747.0m | Added +928.6k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 45.5m $395.8m | Added +572.3k |
| BlackRock, Inc. 0.01% of their portfolio | 40.6m $352.6m | Added +202.4k |
| Capital International Investors 0.06% of their portfolio | 37.7m $327.5m | Reduced -1.9m |
| SRS Investment Management, LLC 2.93% of their portfolio | 32.5m $282.7m | Reduced -41.2m |
| Amundi 0.08% of their portfolio | 25.0m $234.1m | Reduced -2.2m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 18.8m $163.7m | Reduced -13.7m |
| TWO SIGMA INVESTMENTS, LP 0.23% of their portfolio | 14.5m $125.9m | Added +9.2m |
| STATE STREET CORP 0.00% of their portfolio | 14.0m $122.0m | Added +858.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 12.4m $107.0m | Reduced -127.7k |
| OSSIAM 1.11% of their portfolio | 11.3m $98.5m | Unchanged |
| Contour Asset Management LLC 3.02% of their portfolio | 10.6m $92.4m | New |
| UBS Group AG 0.02% of their portfolio | 10.2m $88.9m | Added +5.0m |
| MORGAN STANLEY 0.01% of their portfolio | 9.8m $85.0m | Added +4.4m |
| TWO SIGMA ADVISERS, LP 0.16% of their portfolio | 8.9m $77.6m | Added +5.0m |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 7.2m $62.8m | Added +5.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 7.0m $60.7m | Added +58.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.22% of their portfolio | 6.7m $58.4m | New |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 6.2m $54.1m | Added +4.9m |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 6.0m $52.0m | Reduced -1.9m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 5.9m $51.6m | Added +182.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 5.0m $43.8m | Reduced -1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 4.8m $41.6m | Added +280.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 4.5m $39.3m | Reduced -5.0m |
| HRT FINANCIAL LP 0.20% of their portfolio | 4.3m $37.3m | Added +4.3m |
| Legal & General Group Plc 0.01% of their portfolio | 4.2m $36.7m | Reduced -213.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 4.2m $36.6m | Added +1.0m |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 4.1m $35.8m | Reduced -7.2m |
| CAPITAL FUND MANAGEMENT S.A. 0.39% of their portfolio | 4.1m $35.8m | Added +1.9m |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 4.1m $35.6m | Added +3.1m |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.14% of their portfolio | 4.0m $34.5m | Reduced -808.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 3.7m $32.5m | Reduced -488.1k |
| Swiss National Bank 0.02% of their portfolio | 3.3m $28.5m | Added +264.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 3.3m $28.4m | Added +386.5k |
| CITIGROUP INC 0.02% of their portfolio | 3.3m $28.3m | Added +2.3m |
| BARCLAYS PLC 0.01% of their portfolio | 3.2m $28.1m | Added +855.4k |
| SG Americas Securities, LLC 0.11% of their portfolio | 3.0m $26.1m | Added +2.9m |
| Trexquant Investment LP 0.25% of their portfolio | 2.6m $22.2m | Added +607.1k |
| Invenomic Capital Management LP 1.19% of their portfolio | 2.4m $21.0m | Added +431.2k |
| Aquatic Capital Management LLC 0.40% of their portfolio | 2.3m $20.0m | Added +1.4m |
| Amova Asset Management Americas, Inc. 0.18% of their portfolio | 2.1m $18.3m | Added +1.0m |
| WOLVERINE ASSET MANAGEMENT LLC 0.30% of their portfolio | 2.1m $18.0m | Added +93.7k |
| Think Investments LP 3.04% of their portfolio | 2.0m $17.5m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 1.9m $16.3m | Added +560.5k |
| Susquehanna Portfolio Strategies, LLC 0.33% of their portfolio | 1.8m $15.3m | New |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 1.7m $15.2m | Added +137.2k |
| Saba Capital Management, L.P. 0.41% of their portfolio | 1.7m $15.0m | Added +1.1m |
| Connor, Clark & Lunn Investment Management Ltd. 0.05% of their portfolio | 1.6m $14.2m | Reduced -1.4m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio | 1.6m $14.2m | Added +59.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 1.6m $14.1m | Added +991 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.5m $13.3m | Added +15.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 1.5m $12.7m | Added +237.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 1.4m $12.4m | Added +935.4k |
| J. Goldman & Co LP 0.39% of their portfolio | 1.4m $12.3m | New |
| Verition Fund Management LLC 0.07% of their portfolio | 1.3m $11.4m | Added +890.6k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.85% of their portfolio | 1.2m $10.8m | Added +361.4k |
| ExodusPoint Capital Management, LP 0.13% of their portfolio | 1.2m $10.5m | Added +729.6k |
| GROUPAMA ASSET MANAGMENT 0.02% of their portfolio | 1.2m $1.1m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 1.2m $10.4m | Reduced -75.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.2m $10.4m | Added +365.7k |
| Jump Financial, LLC 0.13% of their portfolio | 1.2m $10.3m | New |
| PDT Partners, LLC 0.57% of their portfolio | 1.2m $10.1m | Added +1.0m |
| Invesco Ltd. 0.00% of their portfolio | 1.0m $9.1m | Added +206.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.0m $8.9m | Added +549.8k |
| Quinn Opportunity Partners LLC 0.71% of their portfolio | 949.6k $8.3m | Added +395.0k |
| Prentice Capital Management, LP 12.06% of their portfolio | 833.1k $7.2m | Added +145.5k |
| Retirement Systems of Alabama 0.03% of their portfolio | 807.8k $7.0m | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 807.6k $7.0m | Added +107.5k |
| SIMPLEX TRADING, LLC 0.18% of their portfolio | 782.8k $6.8m | Reduced -351.6k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 770.8k $6.7m | Reduced -72.7k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 767.7k $6.7m | New |
| XTX Topco Ltd 0.27% of their portfolio | 738.4k $6.4m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 692.2k $6.0m | Reduced -2.3m |
| APG Asset Management N.V. 0.01% of their portfolio | 680.0k $5.0m | Reduced -135.0k |
| Polymer Capital Management (US) LLC 0.88% of their portfolio | 616.5k $5.4m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 588.6k $5.1m | Added +4.4k |
| Quadrature Capital Ltd 0.09% of their portfolio | 581.2k $5.1m | Added +189.2k |
| Quantinno Capital Management LP 0.02% of their portfolio | 576.2k $5.0m | Added +318.4k |
| Handelsbanken Fonder AB 0.02% of their portfolio | 552.2k $4.8m | Added +385.9k |
| Trek Financial, LLC 0.32% of their portfolio | 545.9k $4.7m | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 542.1k $4.7m | Reduced -454.7k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 539.2k $4.7m | Reduced -6.3m |
| Leonteq Securities AG 0.27% of their portfolio | 537.9k $4.7m | Added +30.9k |
| AVIVA PLC 0.01% of their portfolio | 537.4k $4.7m | Added +103.7k |
| Curated Wealth Partners LLC 0.55% of their portfolio | 536.5k $4.7m | Unchanged |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 520.3k $4.5m | Reduced -48.8k |
| CAISSE DES DEPOTS ET CONSIGNATIONS 0.18% of their portfolio | 503.2k $4.4m | New |
| Quantbot Technologies LP 0.11% of their portfolio | 485.6k $4.2m | New |
| EXCHANGE TRADED CONCEPTS, LLC 0.05% of their portfolio | 475.3k $4.1m | Reduced -227.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 474.7k $4.1m | Reduced -3.7k |
| KLP KAPITALFORVALTNING AS 0.02% of their portfolio | 471.3k $4.1m | Added +6.9k |
| EULAV Asset Management 0.09% of their portfolio | 460.0k $4.0m | Reduced -200.0k |
| DANSKE BANK A/S 0.01% of their portfolio | 457.7k $4.0m | Added +38.4k |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 433.2k $3.8m | Reduced -15.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 433.1k $3.8m | Added +19.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 413.0k $3.6m | Reduced -20.3k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 400.7k $3.5m | Added +7.1k |
| Mn Services Vermogensbeheer B.V. 0.02% of their portfolio | 392.1k $3.4m | Added +21.1k |