Snap-on
609 hedge funds and large institutions have $9.06B invested in Snap-on in 2018 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 212 increasing their positions, 214 reducing their positions, and 65 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
9% more capital invested
Capital invested by funds: $8.34B → $9.06B (+$723M)
0.76% more ownership
Funds ownership: 122.74% → 123.51% (+0.76%)
1% less repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 214
2% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 65
2% less funds holding
Funds holding: 619 → 609 (-10)
76% less call options, than puts
Call options by funds: $24.8M | Put options by funds: $104M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$136M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$96.8M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$42.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$33.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$31.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$89.8M |
| 2 |
JP Morgan Chase
New York
|
-$67.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$53.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$41.3M |
| 5 |
Renaissance Technologies
New York
|
-$36.5M |
SNA Hedge Fund Activity: Q2 2018 in Review
609 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q2 2018, worth a combined $9.06B — up 8.7% from $8.34B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of SNA and 64 opened new positions — a net loss of 1 holder — while 214 trimmed existing stakes and 212 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $136M. The largest seller was Fidelity Investments, cutting an estimated $89.8M.
- 609 institutional investors held Snap-on (SNA) as of Q2 2018, down from 619 in Q1 2018.
- Funds reported $9.06B of Snap-on stock for Q2 2018, up 8.7% quarter-over-quarter.
- 64 funds opened new Snap-on positions in Q2 2018 and 65 closed out, a net change of -1 holder.
- The largest Snap-on buyer in Q2 2018 was Fidelity International, an estimated $136M added.
- The largest Snap-on seller in Q2 2018 was Fidelity Investments, an estimated $89.8M sold.
Based on aggregated 13F filings for Q2 2018.