Snap-on
455 hedge funds and large institutions have $6.76B invested in Snap-on in 2014 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 157 increasing their positions, 166 reducing their positions, and 37 closing their positions.
76% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 37
14% more capital invested
Capital invested by funds: $5.93B → $6.76B (+$825M)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
5% more funds holding
Funds holding: 432 → 455 (+23)
0.75% more ownership
Funds ownership: 84.42% → 85.16% (+0.75%)
5% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 166
31% less call options, than puts
Call options by funds: $4.76M | Put options by funds: $6.93M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
RR Partners
New York
|
+$60.3M |
| 2 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
+$44.8M |
| 3 |
State Street
Boston,
Massachusetts
|
+$43.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.3M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$55.7M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
-$47.9M |
| 3 |
GCM
Gates Capital Management
New York
|
-$40.4M |
| 4 |
Millennium Management
New York
|
-$38.6M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$26.2M |
SNA Hedge Fund Activity: Q4 2014 in Review
455 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q4 2014, worth a combined $6.76B — up 14% from $5.93B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new SNA positions and 37 closed out — a net gain of 28 holders — while 157 added to existing stakes and 166 trimmed.
The largest buyer was RR Partners, adding an estimated $60.3M. The largest seller was JP Morgan Chase, cutting an estimated $55.7M.
- 455 institutional investors held Snap-on (SNA) as of Q4 2014, up from 432 in Q3 2014.
- Funds reported $6.76B of Snap-on stock for Q4 2014, up 14% quarter-over-quarter.
- 65 funds opened new Snap-on positions in Q4 2014 and 37 closed out, a net change of +28 holders.
- The largest Snap-on buyer in Q4 2014 was RR Partners, an estimated $60.3M added.
- The largest Snap-on seller in Q4 2014 was JP Morgan Chase, an estimated $55.7M sold.
Based on aggregated 13F filings for Q4 2014.