Snap-on
542 hedge funds and large institutions have $7.61B invested in Snap-on in 2016 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 200 increasing their positions, 201 reducing their positions, and 49 closing their positions.
37% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 49
3% more funds holding
Funds holding: 528 → 542 (+14)
2.27% more ownership
Funds ownership: 85.98% → 88.25% (+2.3%)
0% less repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 201
26% less capital invested
Capital invested by funds: $10.3B → $7.61B (-$2.65B)
42% less funds holding in top 10
Funds holding in top 10: 19 → 11 (-8)
67% less call options, than puts
Call options by funds: $17.9M | Put options by funds: $53.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$326M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$73M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$48.2M |
| 4 |
Goldman Sachs
New York
|
+$45.4M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$39.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$103M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$63M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$57.2M |
| 4 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
-$37.9M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$34.3M |
SNA Hedge Fund Activity: Q1 2016 in Review
542 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q1 2016, worth a combined $7.61B — down 26% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new SNA positions and 49 closed out — a net gain of 18 holders — while 200 added to existing stakes and 201 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $326M. The largest seller was Fidelity Investments, cutting an estimated $103M.
- 542 institutional investors held Snap-on (SNA) as of Q1 2016, up from 528 in Q4 2015.
- Funds reported $7.61B of Snap-on stock for Q1 2016, down 26% quarter-over-quarter.
- 67 funds opened new Snap-on positions in Q1 2016 and 49 closed out, a net change of +18 holders.
- The largest Snap-on buyer in Q1 2016 was Royal London Asset Management, an estimated $326M added.
- The largest Snap-on seller in Q1 2016 was Fidelity Investments, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2016.