Snap-on
540 hedge funds and large institutions have $7.28B invested in Snap-on in 2020 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 163 increasing their positions, 225 reducing their positions, and 78 closing their positions.
30% more capital invested
Capital invested by funds: $5.6B → $7.28B (+$1.68B)
2.37% more ownership
Funds ownership: 94.44% → 96.81% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 552 → 540 (-12)
10% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 78
26% less call options, than puts
Call options by funds: $15.4M | Put options by funds: $20.9M
28% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 225
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$85.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$48.5M |
| 3 |
JP Morgan Chase
New York
|
+$41.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$32.6M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$82.7M |
| 2 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$41.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$40.7M |
| 4 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
-$33.4M |
| 5 |
BlackRock
New York
|
-$33.1M |
SNA Hedge Fund Activity: Q2 2020 in Review
540 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q2 2020, worth a combined $7.28B — up 30% from $5.6B a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of SNA and 70 opened new positions — a net loss of 8 holders — while 225 trimmed existing stakes and 163 added.
The largest buyer was Nordea Investment Management, adding an estimated $85.6M. The largest seller was Ninety One (UK), cutting an estimated $82.7M.
- 540 institutional investors held Snap-on (SNA) as of Q2 2020, down from 552 in Q1 2020.
- Funds reported $7.28B of Snap-on stock for Q2 2020, up 30% quarter-over-quarter.
- 70 funds opened new Snap-on positions in Q2 2020 and 78 closed out, a net change of -8 holders.
- The largest Snap-on buyer in Q2 2020 was Nordea Investment Management, an estimated $85.6M added.
- The largest Snap-on seller in Q2 2020 was Ninety One (UK), an estimated $82.7M sold.
Based on aggregated 13F filings for Q2 2020.