Snap-on
684 hedge funds and large institutions have $10B invested in Snap-on in 2021 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 278 increasing their positions, 216 reducing their positions, and 61 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 278 | Existing positions reduced: 216
14% more call options, than puts
Call options by funds: $22.7M | Put options by funds: $19.9M
10% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 61
0.67% more ownership
Funds ownership: 88.34% → 89.01% (+0.67%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% less funds holding
Funds holding: 687 → 684 (-3)
6% less capital invested
Capital invested by funds: $10.6B → $10B (-$600M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$87.6M |
| 2 |
EPFB
Employees Provident Fund Board
Shah Alam,
Malaysia
|
+$50.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$44.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$36.2M |
| 5 |
N
Natixis
Paris,
France
|
+$35.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$199M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$142M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$61.7M |
| 4 |
Morgan Stanley
New York
|
-$30.1M |
| 5 |
Millennium Management
New York
|
-$29.2M |
SNA Hedge Fund Activity: Q3 2021 in Review
684 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q3 2021, worth a combined $10B — down 5.6% from $10.6B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new SNA positions and 61 closed out — a net gain of 6 holders — while 278 added to existing stakes and 216 trimmed.
The largest buyer was BlackRock, adding an estimated $87.6M. The largest seller was Bank of America, cutting an estimated $199M.
- 684 institutional investors held Snap-on (SNA) as of Q3 2021, down from 687 in Q2 2021.
- Funds reported $10B of Snap-on stock for Q3 2021, down 5.6% quarter-over-quarter.
- 67 funds opened new Snap-on positions in Q3 2021 and 61 closed out, a net change of +6 holders.
- The largest Snap-on buyer in Q3 2021 was BlackRock, an estimated $87.6M added.
- The largest Snap-on seller in Q3 2021 was Bank of America, an estimated $199M sold.
Based on aggregated 13F filings for Q3 2021.