Harvest Portfolios Group Invests $1.04M in Reddit

The investment firm acquired over 4,500 shares of the social media platform in Q3 2025.

Mar. 3, 2026 at 12:39am by Ben Kaplan

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Harvest Portfolios Group Inc. acquired a new stake in shares of Reddit Inc. (NYSE:RDDT) during the 3rd quarter of 2025, purchasing 4,516 shares valued at approximately $1,039,000. The investment comes as Reddit continues to grow its user base and expand its platform.

Why it matters

Reddit has become an increasingly influential social media platform, with a large and engaged user community. The investment by Harvest Portfolios Group suggests institutional investors see long-term growth potential in the company.

The details

Harvest Portfolios Group's new investment in Reddit represents a small but meaningful stake in the social media company. The firm joins other major institutional investors like Vanguard Group, Amundi, and State Street Corp. that have also built up significant positions in Reddit in recent quarters.

  • Harvest Portfolios Group acquired the 4,516 Reddit shares in Q3 2025.
  • Reddit CEO Steve Huffman sold 18,000 shares on February 13, 2026 at an average price of $138.81.
  • Reddit insider Benjamin Seong Lee sold 5,575 shares on February 23, 2026 at an average price of $143.35.

The players

Harvest Portfolios Group Inc.

An investment management firm that has acquired a new stake in shares of Reddit Inc.

Reddit Inc.

A social media platform organized around user-created communities called 'subreddits', where users submit and vote on content.

Steve Huffman

The co-founder and CEO of Reddit.

Benjamin Seong Lee

An insider at Reddit who sold shares in February 2026.

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What’s next

Reddit's growth and user engagement will be closely watched by investors as the company continues to expand its platform and monetization efforts.

The takeaway

The investment by Harvest Portfolios Group in Reddit underscores the platform's increasing appeal to institutional investors, who see long-term potential in the social media company's ability to grow its user base and generate revenue.