Snap-on
528 hedge funds and large institutions have $8.56B invested in Snap-on in 2015 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 201 increasing their positions, 175 reducing their positions, and 46 closing their positions.
57% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 46
15% more repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 175
14% more capital invested
Capital invested by funds: $7.51B → $8.56B (+$1.06B)
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
4% more funds holding
Funds holding: 507 → 528 (+21)
0.48% more ownership
Funds ownership: 85.49% → 85.97% (+0.48%)
3% less call options, than puts
Call options by funds: $18.3M | Put options by funds: $18.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$43.9M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$41.5M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$24.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.5M |
| 5 |
BHC
Bowen Hanes & Co
Ponte Vedra Beach,
Florida
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$64.7M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$33.8M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$30.5M |
| 4 |
Select Equity Group
New York
|
-$25.9M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$21.8M |
SNA Hedge Fund Activity: Q4 2015 in Review
528 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q4 2015, worth a combined $8.56B — up 14% from $7.51B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new SNA positions and 46 closed out — a net gain of 26 holders — while 201 added to existing stakes and 175 trimmed.
The largest buyer was American Century Companies, adding an estimated $43.9M. The largest seller was PNC Financial Services Group, cutting an estimated $64.7M.
- 528 institutional investors held Snap-on (SNA) as of Q4 2015, up from 507 in Q3 2015.
- Funds reported $8.56B of Snap-on stock for Q4 2015, up 14% quarter-over-quarter.
- 72 funds opened new Snap-on positions in Q4 2015 and 46 closed out, a net change of +26 holders.
- The largest Snap-on buyer in Q4 2015 was American Century Companies, an estimated $43.9M added.
- The largest Snap-on seller in Q4 2015 was PNC Financial Services Group, an estimated $64.7M sold.
Based on aggregated 13F filings for Q4 2015.