Jacob Funds Adds Snowflake Following Expanded Anthropic Partnership
Snowflake Inc. shares closed at $177.10 on February 17, with a market capitalization of $60.6 billion, and are down 14.24% over the past month. Jacob Funds added Snowflake in Q4 2025, highlighting its expanded Anthropic partnership and leading cloud-native data warehousing platform as key drivers for AI-driven margin expansion.
1. Mutual Fund Addition
In its fourth-quarter 2025 investor letter, Jacob Funds introduced Snowflake as a new position, placing it among the fund’s top five holdings based on projected earnings growth in AI-enhanced data services.
2. Stock Performance Profile
Snowflake shares closed at $177.10 on February 17, are down 14.24% over the past month and 5.08% over the past year, and maintain a market capitalization of $60.6 billion amid sector volatility.
3. AI Partnership and Competitive Edge
An expanded partnership with Anthropic strengthens Snowflake’s AI capabilities, reinforcing its cloud-native, hyperscaler-agnostic platform that supports high-margin, sticky data warehousing services for large enterprises.