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366 hedge funds and large institutions have $4.8B invested in Snap-on in 2013 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 110 increasing their positions, 149 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

323% more call options, than puts

Call options by funds: $30.7M | Put options by funds: $7.24M

100% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 23

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

10% more capital invested

Capital invested by funds: $4.38B → $4.8B (+$419M)

6% more funds holding

Funds holding: 345366 (+21)

0.98% less ownership

Funds ownership: 84.02%83.04% (-0.98%)

26% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 149

Holders
366
Holders Change
+21
Holders Change %
+6.09%
% of All Funds
11.86%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.26%
New
46
Increased
110
Reduced
149
Closed
23
Calls
$30.7M
Puts
$7.24M
Net Calls
+$23.4M
Net Calls Change
+$4.99M
Name Holding Trade Value Shares
Change
Change in
Stake
State Board of Administration of Florida Retirement System
76
State Board of Administration of Florida Retirement System
Florida
$10.4M -$16.3K -170 -0.2%
California State Teachers Retirement System (CalSTRS)
77
California State Teachers Retirement System (CalSTRS)
California
$10.4M +$315K +3,281 +3%
American Century Companies
78
American Century Companies
Missouri
$10.1M +$9.7M +101,115 New
RhumbLine Advisers
79
RhumbLine Advisers
Massachusetts
$9.07M -$13K -135 -0.1%
VNIM
80
Vaughan Nelson Investment Management
Texas
$8.81M +$300K +3,125 +4%
AQR Capital Management
81
AQR Capital Management
Connecticut
$8.35M +$537K +5,597 +7%
PPA
82
Parametric Portfolio Associates
Washington
$7.99M -$151K -1,579 -2%
UBS AM
83
UBS AM
Illinois
$7.76M +$393K +4,100 +6%
Millennium Management
84
Millennium Management
New York
$7.7M +$4.3M +44,815 +137%
Prudential Financial
85
Prudential Financial
New Jersey
$7.61M -$26.9K -280 -0.4%
CNBT
86
Canandaigua National Bank & Trust
New York
$7.52M
U
87
UBS
Switzerland
$7.19M +$873K +9,096 +14%
CEP
88
Chicago Equity Partners
Illinois
$6.78M -$335K -3,495 -5%
PNC Financial Services Group
89
PNC Financial Services Group
Pennsylvania
$6.69M +$4.49M +46,840 +229%
ARC
90
Absolute Return Capital
Massachusetts
$6.55M -$3.71M -38,658 -37%
CS
91
Credit Suisse
Switzerland
$6.5M -$3.36M -34,982 -35%
ZIM
92
Zacks Investment Management
Illinois
$6.35M -$661K -6,894 -10%
MPI
93
Mairs & Power Inc
Minnesota
$6.16M +$110K +1,150 +2%
ClearBridge Investments
94
ClearBridge Investments
New York
$5.47M -$2.4M -25,012 -31%
SSA
95
South Street Advisors
New York
$5.42M +$59.5K +620 +1%
HIM
96
Hermes Investment Management
United Kingdom
$5.26M
DHFB
97
Dixon Hubard Feinour & Brown
Virginia
$5.16M -$6.24K -65 -0.1%
Swiss National Bank
98
Swiss National Bank
Switzerland
$5.08M -$240K -2,500 -5%
US Bancorp
99
US Bancorp
Minnesota
$5.05M -$232K -2,417 -5%
Daiwa Securities Group
100
Daiwa Securities Group
Japan
$5.04M -$7.76M -80,900 -61%

SNA Hedge Fund Activity: Q3 2013 in Review

366 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q3 2013, worth a combined $4.8B — up 9.6% from $4.38B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new SNA positions and 23 closed out — a net gain of 23 holders — while 110 added to existing stakes and 149 trimmed.

The largest buyer was BlackRock Institutional Trust, adding an estimated $44M. The largest seller was Harris Associates, cutting an estimated $155M.

  • 366 institutional investors held Snap-on (SNA) as of Q3 2013, up from 345 in Q2 2013.
  • Funds reported $4.8B of Snap-on stock for Q3 2013, up 9.6% quarter-over-quarter.
  • 46 funds opened new Snap-on positions in Q3 2013 and 23 closed out, a net change of +23 holders.
  • The largest Snap-on buyer in Q3 2013 was BlackRock Institutional Trust, an estimated $44M added.
  • The largest Snap-on seller in Q3 2013 was Harris Associates, an estimated $155M sold.

Based on aggregated 13F filings for Q3 2013.