Snap-on
SNA
862 hedge funds and large institutions have $13.4B invested in Snap-on in 2023 Q4 according to their latest regulatory filings, with 109 funds opening new positions, 292 increasing their positions, 305 reducing their positions, and 46 closing their positions.
137% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 46
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
15% more capital invested
Capital invested by funds: $11.6B → $13.4B (+$1.74B)
6% more funds holding
Funds holding: 811 → 862 (+51)
1.61% more ownership
Funds ownership: 86.03% → 87.64% (+1.6%)
4% less repeat investments, than reductions
Existing positions increased: 292 | Existing positions reduced: 305
25% less call options, than puts
Call options by funds: $48.6M | Put options by funds: $64.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$200M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$80.6M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$37.2M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$19.8M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$103M |
| 2 |
Bank of New York Mellon
New York
|
-$52.4M |
| 3 |
Amundi
Paris,
France
|
-$28M |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
-$27M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$23.4M |
SNA Hedge Fund Activity: Q4 2023 in Review
862 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q4 2023, worth a combined $13.4B — up 15% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new SNA positions and 46 closed out — a net gain of 63 holders — while 292 added to existing stakes and 305 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $200M. The largest seller was BlackRock, cutting an estimated $103M.
- 862 institutional investors held Snap-on (SNA) as of Q4 2023, up from 811 in Q3 2023.
- Funds reported $13.4B of Snap-on stock for Q4 2023, up 15% quarter-over-quarter.
- 109 funds opened new Snap-on positions in Q4 2023 and 46 closed out, a net change of +63 holders.
- The largest Snap-on buyer in Q4 2023 was Morgan Stanley, an estimated $200M added.
- The largest Snap-on seller in Q4 2023 was BlackRock, an estimated $103M sold.
Based on aggregated 13F filings for Q4 2023.