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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
JP Morgan Chase
1
JP Morgan Chase
New York
$452M -$2.66M -27,711 -0.6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$376M +$9.57M +99,798 +3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$260M -$26.9M -280,371 -10%
Adage Capital Partners
4
Adage Capital Partners
Massachusetts
$222M +$40.3M +420,337 +23%
Harris Associates
5
Harris Associates
Illinois
$214M -$155M -1,619,980 -43%
CPCM
6
Clifton Park Capital Management
Delaware
$214M -$10.3M -107,550 -5%
BIT
7
BlackRock Institutional Trust
California
$200M +$44M +458,221 +30%
State Street
8
State Street
Massachusetts
$197M +$3.91M +40,782 +2%
GCM
9
Gates Capital Management
New York
$129M
AI
10
Ariel Investments
Illinois
$127M -$3.7M -38,517 -3%
Invesco
11
Invesco
Georgia
$115M +$14.1M +146,572 +15%
NC
12
Nicholas Company
Wisconsin
$93.1M +$1.54M +16,050 +2%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$86.9M +$2.27M +23,612 +3%
PP
14
Prudential plc
United Kingdom
$78.1M -$2.08M -21,667 -3%
Capital International Investors
15
Capital International Investors
California
$74.6M
RFC
16
Regions Financial Corp
Alabama
$74M +$247K +2,572 +0.3%
Northern Trust
17
Northern Trust
Illinois
$69.3M -$2.93M -30,569 -4%
BFA
18
BlackRock Fund Advisors
California
$67.6M +$938K +9,782 +1%
FPP
19
Findlay Park Partners
United Kingdom
$57.8M
JHIU
20
Janus Henderson Investors US
Colorado
$57.2M -$30.5M -317,400 -36%
CRM
21
Cramer Rosenthal McGlynn
Connecticut
$52.5M -$7.6M -79,215 -13%
SIA
22
Sit Investment Associates
Minnesota
$51.1M -$3.17M -33,015 -6%
Norges Bank
23
Norges Bank
Norway
$46.8M
New York State Common Retirement Fund
24
New York State Common Retirement Fund
New York
$42.3M -$1.01M -10,549 -2%
Schroder Investment Management Group
25
Schroder Investment Management Group
United Kingdom
$41.1M +$2.9M +30,200 +8%

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.