Snap-on
432 hedge funds and large institutions have $5.93B invested in Snap-on in 2014 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 146 increasing their positions, 164 reducing their positions, and 25 closing their positions.
96% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 25
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
5% more funds holding
Funds holding: 412 → 432 (+20)
2% more capital invested
Capital invested by funds: $5.83B → $5.93B (+$101M)
0.59% less ownership
Funds ownership: 85.01% → 84.42% (-0.59%)
11% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 164
22% less call options, than puts
Call options by funds: $6.69M | Put options by funds: $8.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$76.3M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$60.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$54M |
| 4 |
RP
RR Partners
New York
|
+$28.4M |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$108M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$56.6M |
| 3 |
JP Morgan Chase
New York
|
-$47.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$46.9M |
| 5 |
GCM
Gates Capital Management
New York
|
-$36.9M |
SNA Hedge Fund Activity: Q3 2014 in Review
432 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q3 2014, worth a combined $5.93B — up 1.7% from $5.83B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new SNA positions and 25 closed out — a net gain of 24 holders — while 146 added to existing stakes and 164 trimmed.
The largest buyer was Wells Fargo, adding an estimated $76.3M. The largest seller was Adage Capital Partners, cutting an estimated $108M.
- 432 institutional investors held Snap-on (SNA) as of Q3 2014, up from 412 in Q2 2014.
- Funds reported $5.93B of Snap-on stock for Q3 2014, up 1.7% quarter-over-quarter.
- 49 funds opened new Snap-on positions in Q3 2014 and 25 closed out, a net change of +24 holders.
- The largest Snap-on buyer in Q3 2014 was Wells Fargo, an estimated $76.3M added.
- The largest Snap-on seller in Q3 2014 was Adage Capital Partners, an estimated $108M sold.
Based on aggregated 13F filings for Q3 2014.