Snap-on
SNA
480 hedge funds and large institutions have $7.84B invested in Snap-on in 2015 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 172 increasing their positions, 176 reducing their positions, and 40 closing their positions.
58% more funds holding in top 10
Funds holding in top 10: 12 → 19 (+7)
38% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 40
9% more capital invested
Capital invested by funds: $7.21B → $7.84B (+$628M)
3% more funds holding
Funds holding: 468 → 480 (+12)
0.17% more ownership
Funds ownership: 84.38% → 84.55% (+0.17%)
2% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 176
23% less call options, than puts
Call options by funds: $26M | Put options by funds: $33.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
+$50.1M |
| 2 |
RP
RR Partners
New York
|
+$31.8M |
| 3 |
TA
Teachers Advisors
New York
|
+$26.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$24.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$73M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$41.1M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$28.5M |
| 4 |
Renaissance Technologies
New York
|
-$27.8M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$19.4M |
SNA Hedge Fund Activity: Q2 2015 in Review
480 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q2 2015, worth a combined $7.84B — up 8.7% from $7.21B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new SNA positions and 40 closed out — a net gain of 15 holders — while 172 added to existing stakes and 176 trimmed.
The largest buyer was Westfield Capital Management, adding an estimated $50.1M. The largest seller was Adage Capital Partners, cutting an estimated $73M.
- 480 institutional investors held Snap-on (SNA) as of Q2 2015, up from 468 in Q1 2015.
- Funds reported $7.84B of Snap-on stock for Q2 2015, up 8.7% quarter-over-quarter.
- 55 funds opened new Snap-on positions in Q2 2015 and 40 closed out, a net change of +15 holders.
- The largest Snap-on buyer in Q2 2015 was Westfield Capital Management, an estimated $50.1M added.
- The largest Snap-on seller in Q2 2015 was Adage Capital Partners, an estimated $73M sold.
Based on aggregated 13F filings for Q2 2015.