Snap-on
412 hedge funds and large institutions have $5.83B invested in Snap-on in 2014 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 135 increasing their positions, 157 reducing their positions, and 22 closing their positions.
64% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $6.93M
64% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 22
3% more funds holding
Funds holding: 401 → 412 (+11)
3% more capital invested
Capital invested by funds: $5.64B → $5.83B (+$194M)
0.3% less ownership
Funds ownership: 85.31% → 85.01% (-0.3%)
14% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 157
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$53.3M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$31.5M |
| 3 |
ClearBridge Investments
New York
|
+$28.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$25.4M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$60.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$45.5M |
| 3 |
JP Morgan Chase
New York
|
-$34.6M |
| 4 |
CPCM
Clifton Park Capital Management
Wilmington,
Delaware
|
-$31.5M |
| 5 |
PCM
Palestra Capital Management
New York
|
-$22.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
Wellington Management Group
Boston,
Massachusetts
| – | -$272K | -2,390 | Closed |
|
|
WFM
427
Wilmington Funds Management
Wilmington,
Delaware
| – | -$202K | -1,780 | Closed |
|
|
QBFM
428
QS Batterymarch Financial Management
New York
| – | -$109K | -954 | Closed |
|
|
CGT
429
Capital Guardian Trust
Los Angeles,
California
| – | -$102K | -900 | Closed |
|
|
AR
430
Advisory Research
Chicago,
Illinois
| – | -$70K | -616 | Closed |
|
431
Parallax Volatility Advisers
San Francisco,
California
| – | -$44.2K | -382 | Closed |
|
|
TWM
432
Torch Wealth Management
Cincinnati,
Ohio
| – | -$9K | -80 | Closed |
|
|
CG
433
Colony Group
Boston,
Massachusetts
| – | -$7K | -60 | Closed |
|
|
BPBT
434
Boston Private Bank & Trust
Boston,
Massachusetts
| – | -$2K | -20 | Closed |
|
SNA Hedge Fund Activity: Q2 2014 in Review
412 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q2 2014, worth a combined $5.83B — up 3.4% from $5.64B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new SNA positions and 22 closed out — a net gain of 14 holders — while 135 added to existing stakes and 157 trimmed.
The largest buyer was Norges Bank, adding an estimated $53.3M. The largest seller was Adage Capital Partners, cutting an estimated $60.6M.
- 412 institutional investors held Snap-on (SNA) as of Q2 2014, up from 401 in Q1 2014.
- Funds reported $5.83B of Snap-on stock for Q2 2014, up 3.4% quarter-over-quarter.
- 36 funds opened new Snap-on positions in Q2 2014 and 22 closed out, a net change of +14 holders.
- The largest Snap-on buyer in Q2 2014 was Norges Bank, an estimated $53.3M added.
- The largest Snap-on seller in Q2 2014 was Adage Capital Partners, an estimated $60.6M sold.
Based on aggregated 13F filings for Q2 2014.