Snap-on
547 hedge funds and large institutions have $7.83B invested in Snap-on in 2016 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 196 increasing their positions, 198 reducing their positions, and 57 closing their positions.
3.78% more ownership
Funds ownership: 85.55% → 89.32% (+3.8%)
9% more call options, than puts
Call options by funds: $19.9M | Put options by funds: $18.2M
5% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 57
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
0% less capital invested
Capital invested by funds: $7.85B → $7.83B (-$15.8M)
1% less funds holding
Funds holding: 550 → 547 (-3)
1% less repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 198
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$180M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$49.2M |
| 3 |
Bank of New York Mellon
New York
|
+$47.4M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$36.5M |
| 5 |
GCM
Gates Capital Management
New York
|
+$30.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$46M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$45.3M |
| 3 |
OAM
Origin Asset Management
London,
United Kingdom
|
-$33.7M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$31.1M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$26.7M |
SNA Hedge Fund Activity: Q3 2016 in Review
547 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q3 2016, worth a combined $7.83B — down 0.2% from $7.85B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new SNA positions and 57 closed out — a net gain of 3 holders — while 196 added to existing stakes and 198 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $180M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $46M sold.
- 547 institutional investors held Snap-on (SNA) as of Q3 2016, down from 550 in Q2 2016.
- Funds reported $7.83B of Snap-on stock for Q3 2016, down 0.2% quarter-over-quarter.
- 60 funds opened new Snap-on positions in Q3 2016 and 57 closed out, a net change of +3 holders.
- The largest Snap-on buyer in Q3 2016 was JP Morgan Chase, an estimated $180M added.
- The largest Snap-on seller in Q3 2016 was Westfield Capital Management, an estimated $46M sold.
Based on aggregated 13F filings for Q3 2016.