Snap-on
656 hedge funds and large institutions have $11.1B invested in Snap-on in 2021 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 214 increasing their positions, 239 reducing their positions, and 67 closing their positions.
159% more call options, than puts
Call options by funds: $62.3M | Put options by funds: $24M
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
40% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 67
29% more capital invested
Capital invested by funds: $8.56B → $11.1B (+$2.49B)
4% more funds holding
Funds holding: 632 → 656 (+24)
4.8% less ownership
Funds ownership: 93.03% → 88.23% (-4.8%)
10% less repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 239
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$81.4M |
| 2 |
Swedbank
Stockholm,
Sweden
|
+$79.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$60M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$35.6M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$126M |
| 2 |
EPFB
Employees Provident Fund Board
Shah Alam,
Malaysia
|
-$114M |
| 3 |
N
Natixis
Paris,
France
|
-$72.9M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$65.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$57.5M |
SNA Hedge Fund Activity: Q1 2021 in Review
656 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q1 2021, worth a combined $11.1B — up 29% from $8.56B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new SNA positions and 67 closed out — a net gain of 27 holders — while 214 added to existing stakes and 239 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $81.4M. The largest seller was Cooke & Bieler, cutting an estimated $126M.
- 656 institutional investors held Snap-on (SNA) as of Q1 2021, up from 632 in Q4 2020.
- Funds reported $11.1B of Snap-on stock for Q1 2021, up 29% quarter-over-quarter.
- 94 funds opened new Snap-on positions in Q1 2021 and 67 closed out, a net change of +27 holders.
- The largest Snap-on buyer in Q1 2021 was 1832 Asset Management, an estimated $81.4M added.
- The largest Snap-on seller in Q1 2021 was Cooke & Bieler, an estimated $126M sold.
Based on aggregated 13F filings for Q1 2021.