Snap-on
SNA
584 hedge funds and large institutions have $8.82B invested in Snap-on in 2017 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 234 increasing their positions, 194 reducing their positions, and 49 closing their positions.
45% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 49
21% more repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 194
2% more funds holding
Funds holding: 572 → 584 (+12)
1.04% more ownership
Funds ownership: 89.35% → 90.39% (+1%)
1% less capital invested
Capital invested by funds: $8.88B → $8.82B (-$55.3M)
21% less call options, than puts
Call options by funds: $29M | Put options by funds: $36.5M
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$597M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$76.4M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$74.8M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$73.4M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$56.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$89.2M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$85.9M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$51.4M |
| 4 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
-$32.9M |
| 5 |
Two Sigma Advisers
New York
|
-$32.8M |
SNA Hedge Fund Activity: Q1 2017 in Review
584 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q1 2017, worth a combined $8.82B — down 0.62% from $8.88B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new SNA positions and 49 closed out — a net gain of 22 holders — while 234 added to existing stakes and 194 trimmed.
The largest buyer was BlackRock, adding an estimated $597M. The largest seller was Adage Capital Partners, cutting an estimated $89.2M.
- 584 institutional investors held Snap-on (SNA) as of Q1 2017, up from 572 in Q4 2016.
- Funds reported $8.82B of Snap-on stock for Q1 2017, down 0.62% quarter-over-quarter.
- 71 funds opened new Snap-on positions in Q1 2017 and 49 closed out, a net change of +22 holders.
- The largest Snap-on buyer in Q1 2017 was BlackRock, an estimated $597M added.
- The largest Snap-on seller in Q1 2017 was Adage Capital Partners, an estimated $89.2M sold.
Based on aggregated 13F filings for Q1 2017.