Snap-on
SNA
634 hedge funds and large institutions have $10.2B invested in Snap-on in 2018 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 191 increasing their positions, 242 reducing their positions, and 53 closing their positions.
57% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 53
42% more call options, than puts
Call options by funds: $51.5M | Put options by funds: $36.4M
13% more capital invested
Capital invested by funds: $9.06B → $10.2B (+$1.15B)
4% more funds holding
Funds holding: 609 → 634 (+25)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
0.06% less ownership
Funds ownership: 123.51% → 123.45% (-0.06%)
21% less repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 242
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
+$125M |
| 2 |
Morgan Stanley
New York
|
+$84.4M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$57.6M |
| 4 |
N
Natixis
Paris,
France
|
+$43.6M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$101M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$93.9M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$44.7M |
| 4 |
GCM
Gates Capital Management
New York
|
-$38.9M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$35M |
SNA Hedge Fund Activity: Q3 2018 in Review
634 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q3 2018, worth a combined $10.2B — up 13% from $9.06B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new SNA positions and 53 closed out — a net gain of 30 holders — while 191 added to existing stakes and 242 trimmed.
The largest buyer was Ninety One (UK), opening a new position worth an estimated $125M. The largest seller was JP Morgan Chase, cutting an estimated $101M.
- 634 institutional investors held Snap-on (SNA) as of Q3 2018, up from 609 in Q2 2018.
- Funds reported $10.2B of Snap-on stock for Q3 2018, up 13% quarter-over-quarter.
- 83 funds opened new Snap-on positions in Q3 2018 and 53 closed out, a net change of +30 holders.
- The largest Snap-on buyer in Q3 2018 was Ninety One (UK), an estimated $125M added.
- The largest Snap-on seller in Q3 2018 was JP Morgan Chase, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2018.