Snap-on
571 hedge funds and large institutions have $8.87B invested in Snap-on in 2016 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 182 increasing their positions, 213 reducing their positions, and 55 closing their positions.
55% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 55
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
13% more capital invested
Capital invested by funds: $7.88B → $8.87B (+$991M)
11% more call options, than puts
Call options by funds: $16.3M | Put options by funds: $14.7M
4% more funds holding
Funds holding: 548 → 571 (+23)
0.04% less ownership
Funds ownership: 89.33% → 89.28% (-0.04%)
15% less repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 213
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$55.1M |
| 2 |
AWM
Ashmore Wealth Management
Wilmington,
Delaware
|
+$51.7M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$48.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$38.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$78M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$71.9M |
| 3 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
-$39M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$38.2M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$36.7M |
SNA Hedge Fund Activity: Q4 2016 in Review
571 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q4 2016, worth a combined $8.87B — up 13% from $7.88B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new SNA positions and 55 closed out — a net gain of 30 holders — while 182 added to existing stakes and 213 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $55.1M. The largest seller was JP Morgan Chase, cutting an estimated $78M.
- 571 institutional investors held Snap-on (SNA) as of Q4 2016, up from 548 in Q3 2016.
- Funds reported $8.87B of Snap-on stock for Q4 2016, up 13% quarter-over-quarter.
- 85 funds opened new Snap-on positions in Q4 2016 and 55 closed out, a net change of +30 holders.
- The largest Snap-on buyer in Q4 2016 was Bank of New York Mellon, an estimated $55.1M added.
- The largest Snap-on seller in Q4 2016 was JP Morgan Chase, an estimated $78M sold.
Based on aggregated 13F filings for Q4 2016.