Snap-on
391 hedge funds and large institutions have $5.41B invested in Snap-on in 2013 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 125 increasing their positions, 153 reducing their positions, and 18 closing their positions.
151% more call options, than puts
Call options by funds: $15.4M | Put options by funds: $6.11M
150% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 18
13% more capital invested
Capital invested by funds: $4.8B → $5.41B (+$618M)
7% more funds holding
Funds holding: 366 → 391 (+25)
2.07% more ownership
Funds ownership: 83.04% → 85.1% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
18% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 153
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$185M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$40.7M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$33.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$26.4M |
| 5 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$172M |
| 2 |
JP Morgan Chase
New York
|
-$85.1M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$33.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.4M |
| 5 |
Bank of New York Mellon
New York
|
-$13.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
401
Virtu KCG Holdings
New York
| – | -$411K | -4,127 | Closed |
|
402
Luther King Capital Management (LKCM)
Fort Worth,
Texas
| – | -$345K | -3,465 | Closed |
|
|
GCC
403
Guardian Capital (Canada)
Toronto,
Ontario, Canada
| – | -$255K | -2,560 | Closed |
|
|
WA
404
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$239K | -2,400 | Closed |
|
|
V
405
Veritable
Wilmington,
Delaware
| – | -$217K | -2,181 | Closed |
|
|
TCM
406
TD Capital Management
Memphis,
Tennessee
| – | -$139K | -1,398 | Closed |
|
|
MME
407
Meag Munich Ergo
Munich,
Germany
| – | -$78K | -780 | Closed |
|
|
CIM
408
CenturyLink Investment Management
Denver,
Colorado
| – | -$12K | -116 | Closed |
|
|
MUMSS
409
Mitsubishi UFJ Morgan Stanley Securities
Tokyo,
Japan
| – | -$11K | -110 | Closed |
|
|
PCM
410
Prelude Capital Management
New York
| – | -$5K | -50 | Closed |
|
SNA Hedge Fund Activity: Q4 2013 in Review
391 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q4 2013, worth a combined $5.41B — up 13% from $4.8B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SNA positions and 18 closed out — a net gain of 27 holders — while 125 added to existing stakes and 153 trimmed.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $185M. The largest seller was Harris Associates, cutting an estimated $172M.
- 391 institutional investors held Snap-on (SNA) as of Q4 2013, up from 366 in Q3 2013.
- Funds reported $5.41B of Snap-on stock for Q4 2013, up 13% quarter-over-quarter.
- 45 funds opened new Snap-on positions in Q4 2013 and 18 closed out, a net change of +27 holders.
- The largest Snap-on buyer in Q4 2013 was EARNEST Partners, an estimated $185M added.
- The largest Snap-on seller in Q4 2013 was Harris Associates, an estimated $172M sold.
Based on aggregated 13F filings for Q4 2013.