Snap-on
591 hedge funds and large institutions have $8.82B invested in Snap-on in 2019 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 182 increasing their positions, 233 reducing their positions, and 67 closing their positions.
15% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 67
14% more capital invested
Capital invested by funds: $7.74B → $8.82B (+$1.09B)
1% more funds holding
Funds holding: 587 → 591 (+4)
11.16% less ownership
Funds ownership: 117.31% → 106.15% (-11%)
22% less repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 233
33% less call options, than puts
Call options by funds: $51.7M | Put options by funds: $77.6M
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$397M |
| 2 |
BlackRock
New York
|
+$151M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$128M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$45.7M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$38.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$103M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$81.1M |
| 3 |
JP Morgan Chase
New York
|
-$53.2M |
| 4 |
IVMX
Institutional Venture Management XIV
Menlo Park,
California
|
-$48.5M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CB
651
Community Bank
Dewitt,
New York
| – | -$3K | -22 | Closed |
|
652
Lazard Asset Management
New York
| – | -$2K | -20 | Closed |
|
|
WTB
653
Washington Trust Bank
Spokane,
Washington
| – | -$1K | -8 | Closed |
|
|
CA
654
Claro Advisors
Boston,
Massachusetts
| – | -$1K | -6 | Closed |
|
SNA Hedge Fund Activity: Q1 2019 in Review
591 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q1 2019, worth a combined $8.82B — up 14% from $7.74B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new SNA positions and 67 closed out — a net gain of 10 holders — while 182 added to existing stakes and 233 trimmed.
The largest buyer was Bank of America, adding an estimated $397M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $103M sold.
- 591 institutional investors held Snap-on (SNA) as of Q1 2019, up from 587 in Q4 2018.
- Funds reported $8.82B of Snap-on stock for Q1 2019, up 14% quarter-over-quarter.
- 77 funds opened new Snap-on positions in Q1 2019 and 67 closed out, a net change of +10 holders.
- The largest Snap-on buyer in Q1 2019 was Bank of America, an estimated $397M added.
- The largest Snap-on seller in Q1 2019 was Vaughan Nelson Investment Management, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2019.