Snap-on
SNA
580 hedge funds and large institutions have $8.54B invested in Snap-on in 2017 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 226 increasing their positions, 202 reducing their positions, and 63 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 202
2.93% more ownership
Funds ownership: 90.39% → 93.32% (+2.9%)
0% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 63
1% less funds holding
Funds holding: 584 → 580 (-4)
3% less capital invested
Capital invested by funds: $8.82B → $8.54B (-$277M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
81% less call options, than puts
Call options by funds: $15.9M | Put options by funds: $83.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$104M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$69.1M |
| 3 |
Renaissance Technologies
New York
|
+$67.7M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$64.3M |
| 5 |
Millennium Management
New York
|
+$57.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$79.8M |
| 2 |
Bank of New York Mellon
New York
|
-$77.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$72.6M |
| 4 |
ClearBridge Investments
New York
|
-$60.6M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$41.9M |
SNA Hedge Fund Activity: Q2 2017 in Review
580 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q2 2017, worth a combined $8.54B — down 3.1% from $8.82B a quarter earlier.
Fund positioning in SNA was balanced in Q2 2017: 63 funds opened new positions, 63 closed out, 226 added to existing stakes and 202 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $104M. The largest seller was JP Morgan Chase, cutting an estimated $79.8M.
- 580 institutional investors held Snap-on (SNA) as of Q2 2017, down from 584 in Q1 2017.
- Funds reported $8.54B of Snap-on stock for Q2 2017, down 3.1% quarter-over-quarter.
- 63 funds opened new Snap-on positions in Q2 2017 and 63 closed out, a net change of 0 holders.
- The largest Snap-on buyer in Q2 2017 was Boston Partners, an estimated $104M added.
- The largest Snap-on seller in Q2 2017 was JP Morgan Chase, an estimated $79.8M sold.
Based on aggregated 13F filings for Q2 2017.