Snap-on
603 hedge funds and large institutions have $10.2B invested in Snap-on in 2017 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 209 increasing their positions, 210 reducing their positions, and 52 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 6 → 12 (+6)
77% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 52
26.36% more ownership
Funds ownership: 99.59% → 125.94% (+26%)
19% more capital invested
Capital invested by funds: $8.54B → $10.2B (+$1.63B)
6% more funds holding
Funds holding: 568 → 603 (+35)
0% less repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 210
48% less call options, than puts
Call options by funds: $40M | Put options by funds: $76.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$304M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$41.8M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$27.5M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$26.7M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$73.6M |
| 2 |
GCM
Gates Capital Management
New York
|
-$64.8M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$59.6M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$56.9M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$50.7M |
SNA Hedge Fund Activity: Q4 2017 in Review
603 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q4 2017, worth a combined $10.2B — up 19% from $8.54B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new SNA positions and 52 closed out — a net gain of 40 holders — while 209 added to existing stakes and 210 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $304M. The largest seller was Renaissance Technologies, cutting an estimated $73.6M.
- 603 institutional investors held Snap-on (SNA) as of Q4 2017, up from 568 in Q3 2017.
- Funds reported $10.2B of Snap-on stock for Q4 2017, up 19% quarter-over-quarter.
- 92 funds opened new Snap-on positions in Q4 2017 and 52 closed out, a net change of +40 holders.
- The largest Snap-on buyer in Q4 2017 was JP Morgan Chase, an estimated $304M added.
- The largest Snap-on seller in Q4 2017 was Renaissance Technologies, an estimated $73.6M sold.
Based on aggregated 13F filings for Q4 2017.