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Written by Ben Scribner on September 14, 2023
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10 Largest Snapchat Shareholders In 2023

Snapchat is a popular multimedia messaging app that has revolutionized the way people communicate and share moments with friends and followers.

Launched in 2011, Snapchat quickly gained traction, particularly among younger demographics, for its unique and ephemeral approach to messaging and storytelling.

Here is a list of the top 10 shareholders in Snap as of 9/14/2023.

Largest Snapchat Shareholders

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1. Fidelity Management Research Co

  • Ownership: 10.05%
  • Shares Held: 137,548,522

2. The Vanguard Group Inc

  • Ownership: 6.53%
  • Shares Held: 89,402,305

3. SRS Investment Management LLC

  • Ownership: 3.85%
  • Shares Held: 52,662,317

4. Capital Research Management Co

  • Ownership: 2.82%
  • Shares Held: 38,541,836

5. D. E. Shaw & Co LP

  • Ownership: 1.91%
  • Shares Held: 26,116,475

6. BlackRock Fund Advisors

  • Ownership: 1.74%
  • Shares Held: 23,847,231

7. Two Sigma Advisers LP

  • Ownership: 1.71%
  • Shares Held: 23,403,577

8. Goldman Sachs Asset Management LP

  • Ownership: 1.32%
  • Shares Held: 18,057,851

9. Two Sigma Investments LP

  • Ownership: 1.22%
  • Shares Held: 16,660,856

10. SSGA Funds Management Inc

  • Ownership: 0.96%
  • Shares Held: 13,116,610

Click here to check the current Share Price of Snapchat (SNAP) on Robinhood!

What Is Snap?

Snapchat logo

Snap Inc. is a technology company that is best known for its social media platform Snapchat.

Snapchat is a multimedia messaging app that allows users to send photos and videos, which are often referred to as "snaps," to their friends and followers.

What sets Snapchat apart from other social media platforms is its focus on ephemeral content, meaning that the messages and stories shared on the platform typically disappear after they are viewed, although users have the option to save them.

Snap Inc. was founded in 2011 by Evan Spiegel, Bobby Murphy, and Reggie Brown, and it has since grown into a major player in the social media and technology industries.

In addition to Snapchat, Snap Inc. has developed and introduced various other products and features, including Spectacles (smart glasses that can record video), Discover (a content platform for publishers and creators), and augmented reality (AR) experiences through features like Lenses and Filters.

Conclusion

These top Snapchat shareholders are a mix of institutional investors, investment management firms, and asset managers.

Article written by Ben Scribner

Read more

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