Snap-on
587 hedge funds and large institutions have $8.96B invested in Snap-on in 2019 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 200 increasing their positions, 193 reducing their positions, and 40 closing their positions.
375% more call options, than puts
Call options by funds: $68.3M | Put options by funds: $14.4M
120% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 40
9% more capital invested
Capital invested by funds: $8.25B → $8.96B (+$707M)
5% more funds holding
Funds holding: 557 → 587 (+30)
4% more repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 193
3.83% less ownership
Funds ownership: 100.33% → 96.49% (-3.8%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$64.2M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$52.3M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$29.8M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$27.9M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$189M |
| 2 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
-$53.5M |
| 3 |
JP Morgan Chase
New York
|
-$23.6M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$21.4M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$17.7M |
SNA Hedge Fund Activity: Q4 2019 in Review
587 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q4 2019, worth a combined $8.96B — up 8.6% from $8.25B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new SNA positions and 40 closed out — a net gain of 48 holders — while 200 added to existing stakes and 193 trimmed.
The largest buyer was Bank of America, adding an estimated $64.2M. The largest seller was Ameriprise, cutting an estimated $189M.
- 587 institutional investors held Snap-on (SNA) as of Q4 2019, up from 557 in Q3 2019.
- Funds reported $8.96B of Snap-on stock for Q4 2019, up 8.6% quarter-over-quarter.
- 88 funds opened new Snap-on positions in Q4 2019 and 40 closed out, a net change of +48 holders.
- The largest Snap-on buyer in Q4 2019 was Bank of America, an estimated $64.2M added.
- The largest Snap-on seller in Q4 2019 was Ameriprise, an estimated $189M sold.
Based on aggregated 13F filings for Q4 2019.