RDDT Reddit, Inc.

BEARISH Impact: 7/10 Institutional Cluster
Horizon weeks Processed 3mo ago
Institutional cluster: 1 buyers, 3 sellers (bearish)
Final — all horizons settled through T+60d ⚠ clustered
RDDT ▼ -1.68% at T+60d
SHORT call ✓ call won +1.68% · α vs SPY +11.01% · entry $147.11 → $144.64
Entry anchored
Feb 27, 04:36 PM ET
via Databento tick
T+1d
-0.97%
call +0.97% · α +0.05%
$145.69
settled 3mo ago
T+5d
-5.61%
call +5.61% · α +4.40%
$138.86
settled 3mo ago
T+20d
-15.62%
call +15.62% · α +7.68%
$124.13
settled 3mo ago
T+60d
-1.68%
call +1.68% · α +11.01%
$144.64
settled 15d ago

Executive Summary

In Q4 2025, a notable institutional cluster emerged in Reddit, Inc. (RDDT) with three major institutions trimming positions totaling $867.7M in net selling, while only one buyer, Norges Bank, established a new $372.0M position. The overwhelming net selling by large passive managers signals waning institutional confidence despite a sovereign wealth fund's entry.

Key Financial Metrics

Direction
distributing
Buy Value
$372.0M
Sell Value
$867.7M
Net Flow
-$495.7M

Institutional Positions

Net institutional flow: -$495.7M

▲ Buyers (1)

InstitutionActionChangePosition ValueValue Δ
Norges Bank NEW +0% $372.0M $372.0M

▼ Sellers (3)

InstitutionActionChangePrev ValueValue Δ
Fidelity TRIM 26.5% $3.1B -$822.3M
Wells Fargo TRIM 29.2% $118.7M -$34.7M
Fund 1 TRIM 26.1% $41.1M -$10.7M

Actionable Insight

The heavy trimming by mega-passive funds like Fidelity and Wells Fargo suggests broad-based de-risking or profit-taking, potentially pressuring the stock. Traders should watch for downward price momentum, especially if active managers continue exiting. Norges Bank's entry may provide some floor, but it's insufficient to offset the outflows.

Key Facts

  • Norges Bank initiated a new $372.0M position in RDDT (1.62M shares), signaling long-term sovereign interest.
  • Fidelity trimmed 26.5% of its stake (3.57M shares), reducing its holding value by $822.3M.
  • Wells Fargo reduced its position by 29.2% (150.8K shares), cutting value by $34.7M.
  • An active value fund trimmed 26.1% (46.6K shares), exiting $10.7M in value.
  • Total institutional selling outweighed buying by $495.7M ($867.7M sold vs $372.0M bought).

Financial Impact

3 institutions reduced holdings by $867.7M while 1 institution added $372.0M, resulting in net institutional outflow of $495.7M.

market_capfloatinstitutional_ownership

Risk Factors

  • Continued outflows from passive funds could accelerate selling pressure.
  • Limited active buying interest increases vulnerability to market downturns.
  • Low float amplifies price sensitivity to institutional trades.

Market Snapshot

Exchange
NYSE

Documents Analyzed

This report is based on 1 institutional 13F filing from SEC EDGAR.

DocumentAccession Number
INST-CLUSTER Data (Synthetic)inst-cluster-RDDT-2025-Q4
15 reports for RDDT
Performance horizon
33% Hit rate 1 of 3 directional calls best @ T+20▲ +1.05%Feb 23, 2026
Filters
Rows
Reports for RDDT — sortable, filterable
Type Now
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$150.04 $167.69▲ +11.76%▲ +10.16%
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$150.04 $167.69▲ +11.76%▲ +10.16%
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$150.04 $167.69▲ +11.76%▲ +10.16%
May 5, 2026
5w ago
Court Ruling
BULLISH ★ 6/10
$171.63 $159.51▼ −7.06%▼ −9.05%
Apr 23, 2026
6w ago
DEFA14A
NEUTRAL ★ 2/10
$154.89 $147.23▼ −4.95%▼ −5.85%
Apr 15, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$158.48 $164.31▲ +3.68%▲ +2.04%
Apr 8, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$145.00 $158.48▲ +9.30%▲ +5.78%
Mar 30, 2026
10w ago
Court Ruling
NEUTRAL ★ 3/10
$124.13 $141.14▲ +13.70%▲ +9.40%
Mar 18, 2026
12w ago
Insider Cluster
NEUTRAL ★ 3/10
$142.79 $139.63▼ −2.21%▼ −1.50%
Mar 13, 2026
12w ago
Insider Cluster
MIXED ★ 5/10
$132.36 $139.85▲ +5.66%▲ +7.78%
Showing 10 of 15

US Market Status

Market Closed — Opens Thu (10h 55m)

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