Snap-on
568 hedge funds and large institutions have $8.54B invested in Snap-on in 2017 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 247 increasing their positions, 183 reducing their positions, and 63 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 183
6.26% more ownership
Funds ownership: 93.32% → 99.59% (+6.3%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% less capital invested
Capital invested by funds: $8.54B → $8.54B (-$8.34M)
6% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 63
2% less funds holding
Funds holding: 580 → 568 (-12)
70% less call options, than puts
Call options by funds: $24.5M | Put options by funds: $82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$205M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$67.3M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$54.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$43.1M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$42.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$81.2M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$37.8M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$36.6M |
| 4 |
Millennium Management
New York
|
-$28.5M |
| 5 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
-$19.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRCP
626
Copper Rock Capital Partners
Boston,
Massachusetts
| – | -$26K | -169 | Closed |
|
|
TRCT
627
Tower Research Capital (TRC)
New York
| – | -$23K | -145 | Closed |
|
628
AssetMark Inc
Concord,
California
| – | -$15.6K | -104 | -97% |
|
|
FC
629
Ferris Capital
Marlborough,
Massachusetts
| – | -$5K | -34 | Closed |
|
|
WEC
630
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$3.37K | -20 | Closed |
|
|
HR
631
Howe & Rusling
Rochester,
New York
| – | -$1K | -9 | Closed |
|
SNA Hedge Fund Activity: Q3 2017 in Review
568 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q3 2017, worth a combined $8.54B — down 0.1% from $8.54B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of SNA and 59 opened new positions — a net loss of 4 holders — while 183 trimmed existing stakes and 247 added.
The largest buyer was Fidelity Investments, adding an estimated $205M. The largest seller was Bank of New York Mellon, cutting an estimated $81.2M.
- 568 institutional investors held Snap-on (SNA) as of Q3 2017, down from 580 in Q2 2017.
- Funds reported $8.54B of Snap-on stock for Q3 2017, down 0.1% quarter-over-quarter.
- 59 funds opened new Snap-on positions in Q3 2017 and 63 closed out, a net change of -4 holders.
- The largest Snap-on buyer in Q3 2017 was Fidelity Investments, an estimated $205M added.
- The largest Snap-on seller in Q3 2017 was Bank of New York Mellon, an estimated $81.2M sold.
Based on aggregated 13F filings for Q3 2017.