Snap-on
575 hedge funds and large institutions have $9.03B invested in Snap-on in 2019 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 191 increasing their positions, 221 reducing their positions, and 55 closing their positions.
2% more capital invested
Capital invested by funds: $8.82B → $9.03B (+$201M)
2.68% less ownership
Funds ownership: 106.15% → 103.47% (-2.7%)
3% less funds holding
Funds holding: 591 → 575 (-16)
11% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 55
14% less repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 221
19% less call options, than puts
Call options by funds: $44.7M | Put options by funds: $55.5M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$63.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$48.1M |
| 3 |
EPFB
Employees Provident Fund Board
Shah Alam,
Malaysia
|
+$43.9M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$40.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
-$91.4M |
| 2 |
BlackRock
New York
|
-$50.8M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$47M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$45.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$36.8M |
SNA Hedge Fund Activity: Q2 2019 in Review
575 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q2 2019, worth a combined $9.03B — up 2.3% from $8.82B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of SNA and 49 opened new positions — a net loss of 6 holders — while 221 trimmed existing stakes and 191 added.
The largest buyer was Bank of America, adding an estimated $63.9M. The largest seller was EARNEST Partners, cutting an estimated $91.4M.
- 575 institutional investors held Snap-on (SNA) as of Q2 2019, down from 591 in Q1 2019.
- Funds reported $9.03B of Snap-on stock for Q2 2019, up 2.3% quarter-over-quarter.
- 49 funds opened new Snap-on positions in Q2 2019 and 55 closed out, a net change of -6 holders.
- The largest Snap-on buyer in Q2 2019 was Bank of America, an estimated $63.9M added.
- The largest Snap-on seller in Q2 2019 was EARNEST Partners, an estimated $91.4M sold.
Based on aggregated 13F filings for Q2 2019.