Snap-on
764 hedge funds and large institutions have $10.3B invested in Snap-on in 2022 Q4 according to their latest regulatory filings, with 118 funds opening new positions, 269 increasing their positions, 243 reducing their positions, and 49 closing their positions.
141% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 49
12% more capital invested
Capital invested by funds: $9.15B → $10.3B (+$1.1B)
11% more repeat investments, than reductions
Existing positions increased: 269 | Existing positions reduced: 243
8% more funds holding
Funds holding: 709 → 764 (+55)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0.19% less ownership
Funds ownership: 86.19% → 86% (-0.19%)
6% less call options, than puts
Call options by funds: $9.35M | Put options by funds: $9.98M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$29.9M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$27.3M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$25.9M |
| 4 |
BlackRock
New York
|
+$24M |
| 5 |
Morgan Stanley
New York
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$61M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$47.5M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$32.3M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$30M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$24.1M |
SNA Hedge Fund Activity: Q4 2022 in Review
764 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q4 2022, worth a combined $10.3B — up 12% from $9.15B a quarter earlier.
Buyers outnumbered sellers: 118 funds opened new SNA positions and 49 closed out — a net gain of 69 holders — while 269 added to existing stakes and 243 trimmed.
The largest buyer was HSBC Holdings, adding an estimated $29.9M. The largest seller was Miller Howard Investments, exiting entirely with an estimated $61M sold.
- 764 institutional investors held Snap-on (SNA) as of Q4 2022, up from 709 in Q3 2022.
- Funds reported $10.3B of Snap-on stock for Q4 2022, up 12% quarter-over-quarter.
- 118 funds opened new Snap-on positions in Q4 2022 and 49 closed out, a net change of +69 holders.
- The largest Snap-on buyer in Q4 2022 was HSBC Holdings, an estimated $29.9M added.
- The largest Snap-on seller in Q4 2022 was Miller Howard Investments, an estimated $61M sold.
Based on aggregated 13F filings for Q4 2022.