Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Who owns Snowflake? SNOW Stock Ownership - TipRanks.com? ›
Snowflake (SNOW) Ownership Overview
Who are the major shareholders of Snowflake? ›Largest shareholders include Vanguard Group Inc, BlackRock Inc., Morgan Stanley, Altimeter Capital Management, LP, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Bank Of Montreal /can/, Sc Us (ttgp), Ltd., State Street Corp, Norges Bank, and VEXMX - Vanguard Extended Market Index Fund Investor Shares .
Who owns Snowflake? ›Now, according to TipRanks' ownership page, insiders own 49.89% of Snowflake. They are followed by public companies and individual investors, mutual funds, and other institutional investors at 23.35%, 16.57%, and 10.20%, respectively.
Who are the investors in Snowflake? ›| Holder | Shares | Date Reported |
|---|---|---|
| Vanguard Group Inc | 22.5M | Jun 30, 2024 |
| Blackrock Inc. | 16.78M | Jun 30, 2024 |
| Morgan Stanley | 12.37M | Jun 30, 2024 |
| Altimeter Capital Management, LP | 9.55M | Jun 30, 2024 |
The hedge funds that hold the most shares in Snowflake are Brad Gerstner, Frank Sands and Michael Rockefeller.
How much of Snowflake does Salesforce own? ›To be clear, Salesforce does not own Snowflake. Rather Salesforce and Snowflake as separate companies have a partnership aimed at bringing together data storage and analytics insights for their customers.
Does Warren Buffett own Snowflake stock? ›However, as of June 30, Berkshire no longer owns Snowflake shares, as it sold them in the second quarter.
Is Snowflake stock worth buying? ›Snowflake is a risky bet in the near term, given its modest growth prospect and a stretched valuation. However, investors who already own the stock may expect the company's growth prospects to be rewarding, given its strong portfolio and partner base over the long term.
What Fortune 500 companies use Snowflake? ›Clearly Snowflake is a high-potential/high-volatility company, due to its disruptive approach to cloud-based technologies. They have built a robust product that is used by nearly 30% of the Fortune 500, including Adobe, BlackRock, Instacart, Lime, Rakuten, Twilio, and many others.
Who are snowflakes biggest clients? ›Companies using Snowflake Data Warehouse for Data Warehouse include: Electricite de France, a France based Utilities organisation with 171490 employees and revenues of $156.80 billion, AT&T, a United States based Communications organisation with 148290 employees and revenues of $122.43 billion, Comcast, a United States ...
How much debt does Snowflake have? ›
Total debt on the balance sheet as of April 2024 : $0.27 B.
Is Snowflake a unicorn company? ›Speiser and SHV have been widely credited with helping to assemble the team that catapulted Snowflake to unicorn status. They brought on the right leaders for each stage of the company's development.
Who is the largest shareholder of Snowflake? ›Vanguard owns the most shares of Snowflake (SNOW).
Who sold Snowflake? ›Berkshire Hathaway's sale of Snowflake stock wasn't because of the data breach or the sudden replacement of Frank Slootman with Sridhar Ramaswamy as the CEO. Instead, it could have been a correct decision because Snowflake was inconsistent with Buffett's philosophy and, by extension, Berkshire's philosophy.
Who is underwriter for Snowflake IPO? ›The company's shares are set to start trading on the New York Stock Exchange on Wednesday under the ticker "SNOW," and the offering is expected to close on Sept. 18. Goldman Sachs, Morgan Stanley, J.P. Morgan, Allen & Co and Citigroup are the lead underwriters for the offering.
Does Snowflake have any debt? ›Snowflake's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $33 Mil. Snowflake's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $280 Mil.
Who are Snowflake competitors and market share? ›| Technology | Domains | Market Share (Est.) |
|---|---|---|
| Apache Hive | 3,120 | 4.51% |
| IBM Data Warehouse | 3,022 | 4.37% |
| SAP Data Warehouse Cloud | 2,022 | 2.92% |
| Netezza | 1,610 | 2.33% |