Snap-on
507 hedge funds and large institutions have $9.01B invested in Snap-on in 2015 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 200 increasing their positions, 166 reducing their positions, and 33 closing their positions.
88% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 33
20% more repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 166
15% more capital invested
Capital invested by funds: $7.84B → $9.01B (+$1.17B)
6% more funds holding
Funds holding: 480 → 507 (+27)
0.94% more ownership
Funds ownership: 84.55% → 85.49% (+0.94%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
37% less call options, than puts
Call options by funds: $17.5M | Put options by funds: $27.8M
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$86.4M |
| 2 |
Goldman Sachs
New York
|
+$55.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$46.7M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$35.7M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$30M |
Top Sellers
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$52.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$48.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$38.4M |
| 4 |
JP Morgan Chase
New York
|
-$34.2M |
| 5 |
CPCM
Clifton Park Capital Management
Wilmington,
Delaware
|
-$32.6M |
SNA Hedge Fund Activity: Q3 2015 in Review
507 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q3 2015, worth a combined $9.01B — up 15% from $7.84B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new SNA positions and 33 closed out — a net gain of 29 holders — while 200 added to existing stakes and 166 trimmed.
The largest buyer was Bank of America, adding an estimated $86.4M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $52.3M sold.
- 507 institutional investors held Snap-on (SNA) as of Q3 2015, up from 480 in Q2 2015.
- Funds reported $9.01B of Snap-on stock for Q3 2015, up 15% quarter-over-quarter.
- 62 funds opened new Snap-on positions in Q3 2015 and 33 closed out, a net change of +29 holders.
- The largest Snap-on buyer in Q3 2015 was Bank of America, an estimated $86.4M added.
- The largest Snap-on seller in Q3 2015 was Adage Capital Partners, an estimated $52.3M sold.
Based on aggregated 13F filings for Q3 2015.