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619 hedge funds and large institutions have $8.34B invested in Snap-on in 2018 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 222 increasing their positions, 215 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 57

3% more funds holding

Funds holding: 603619 (+16)

3% more repeat investments, than reductions

Existing positions increased: 222 | Existing positions reduced: 215

3.2% less ownership

Funds ownership: 125.94%122.74% (-3.2%)

18% less capital invested

Capital invested by funds: $10.2B → $8.34B (-$1.82B)

58% less funds holding in top 10

Funds holding in top 10: 125 (-7)

82% less call options, than puts

Call options by funds: $19.5M | Put options by funds: $111M

Holders
619
Holders Change
+16
Holders Change %
+2.65%
% of All Funds
14.19%
Holding in Top 10
5
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-58.33%
% of All Funds
0.11%
New
79
Increased
222
Reduced
215
Closed
57
Calls
$19.5M
Puts
$111M
Net Calls
-$91.6M
Net Calls Change
-$55M
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
101
Parametric Portfolio Associates
Washington
$14.5M -$1.21M -7,355 -7%
New York State Teachers Retirement System (NYSTRS)
102
New York State Teachers Retirement System (NYSTRS)
New York
$14.3M -$463K -2,817 -3%
Allianz Asset Management
103
Allianz Asset Management
Germany
$14.2M -$4.54M -27,619 -22%
GT
104
Glenmede Trust
Pennsylvania
$14M
UCFA
105
United Capital Financial Advisors
Texas
$13.7M +$614K +3,739 +4%
Asset Management One
106
Asset Management One
Japan
$13.1M -$1.39M -8,437 -9%
CCMG
107
Clark Capital Management Group
Pennsylvania
$12.8M +$14.3M +87,091 New
HEIP
108
Hudson Edge Investment Partners
New Jersey
$12.1M -$1.14M -6,962 -8%
GIA
109
Gateway Investment Advisers
Ohio
$11.9M -$101K -617 -0.8%
EAM
110
EULAV Asset Management
Florida
$11.8M
Citigroup
111
Citigroup
New York
$11.6M +$1.97M +11,957 +18%
SB
112
Suntrust Banks
Georgia
$11.5M +$3.17M +19,266 +33%
Adage Capital Partners
113
Adage Capital Partners
Massachusetts
$11.2M -$822K -5,000 -6%
AR
114
Advisory Research
Illinois
$10.9M -$712K -4,335 -6%
VOYA Investment Management
115
VOYA Investment Management
Georgia
$10.5M +$1.1M +6,705 +10%
State Board of Administration of Florida Retirement System
116
State Board of Administration of Florida Retirement System
Florida
$10.5M -$831K -5,055 -7%
TAM
117
Tiverton Asset Management
Delaware
$10.2M +$1.12M +6,815 +11%
PL
118
Perpetual Ltd
Australia
$10.1M +$1.35M +8,200 +14%
NPPM
119
North Point Portfolio Managers
Ohio
$9.98M +$161K +980 +1%
Manulife (Manufacturers Life Insurance)
120
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.79M +$1.65M +10,018 +18%
Prudential Financial
121
Prudential Financial
New Jersey
$9.53M -$2.77M -16,876 -21%
WRF
122
Waddell & Reed Financial
Kansas
$9.51M +$1.17M +7,120 +12%
CCM
123
Copeland Capital Management
Pennsylvania
$9.44M -$2.28M -13,873 -18%
US Bancorp
124
US Bancorp
Minnesota
$9.1M +$118K +715 +1%
Korea Investment Corp
125
Korea Investment Corp
South Korea
$8.8M +$1.05M +6,373 +12%

SNA Hedge Fund Activity: Q1 2018 in Review

619 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q1 2018, worth a combined $8.34B — down 18% from $10.2B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new SNA positions and 57 closed out — a net gain of 22 holders — while 222 added to existing stakes and 215 trimmed.

The largest buyer was Pzena Investment Management, opening a new position worth an estimated $50.5M. The largest seller was JP Morgan Chase, cutting an estimated $211M.

  • 619 institutional investors held Snap-on (SNA) as of Q1 2018, up from 603 in Q4 2017.
  • Funds reported $8.34B of Snap-on stock for Q1 2018, down 18% quarter-over-quarter.
  • 79 funds opened new Snap-on positions in Q1 2018 and 57 closed out, a net change of +22 holders.
  • The largest Snap-on buyer in Q1 2018 was Pzena Investment Management, an estimated $50.5M added.
  • The largest Snap-on seller in Q1 2018 was JP Morgan Chase, an estimated $211M sold.

Based on aggregated 13F filings for Q1 2018.