Snap-on
867 hedge funds and large institutions have $12.2B invested in Snap-on in 2024 Q2 according to their latest regulatory filings, with 91 funds opening new positions, 323 increasing their positions, 315 reducing their positions, and 82 closing their positions.
11% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 82
3% more repeat investments, than reductions
Existing positions increased: 323 | Existing positions reduced: 315
0.9% more ownership
Funds ownership: 87.84% → 88.74% (+0.9%)
0% less funds holding
Funds holding: 871 → 867 (-4)
11% less capital invested
Capital invested by funds: $13.7B → $12.2B (-$1.48B)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
72% less call options, than puts
Call options by funds: $24.7M | Put options by funds: $88.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$122M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$77.2M |
| 3 |
Millennium Management
New York
|
+$41.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$33.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$49M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$48.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.1M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$19.2M |
| 5 |
VA
Vident Advisory
Alpharetta,
Georgia
|
-$18.4M |
SNA Hedge Fund Activity: Q2 2024 in Review
867 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q2 2024, worth a combined $12.2B — down 11% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new SNA positions and 82 closed out — a net gain of 9 holders — while 323 added to existing stakes and 315 trimmed.
The largest buyer was Mawer Investment Management, adding an estimated $122M. The largest seller was BlackRock, cutting an estimated $49M.
- 867 institutional investors held Snap-on (SNA) as of Q2 2024, down from 871 in Q1 2024.
- Funds reported $12.2B of Snap-on stock for Q2 2024, down 11% quarter-over-quarter.
- 91 funds opened new Snap-on positions in Q2 2024 and 82 closed out, a net change of +9 holders.
- The largest Snap-on buyer in Q2 2024 was Mawer Investment Management, an estimated $122M added.
- The largest Snap-on seller in Q2 2024 was BlackRock, an estimated $49M sold.
Based on aggregated 13F filings for Q2 2024.