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619 hedge funds and large institutions have $8.34B invested in Snap-on in 2018 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 222 increasing their positions, 215 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 57

3% more funds holding

Funds holding: 603619 (+16)

3% more repeat investments, than reductions

Existing positions increased: 222 | Existing positions reduced: 215

3.2% less ownership

Funds ownership: 125.94%122.74% (-3.2%)

18% less capital invested

Capital invested by funds: $10.2B → $8.34B (-$1.82B)

58% less funds holding in top 10

Funds holding in top 10: 125 (-7)

82% less call options, than puts

Call options by funds: $19.5M | Put options by funds: $111M

Holders
619
Holders Change
+16
Holders Change %
+2.65%
% of All Funds
14.19%
Holding in Top 10
5
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-58.33%
% of All Funds
0.11%
New
79
Increased
222
Reduced
215
Closed
57
Calls
$19.5M
Puts
$111M
Net Calls
-$91.6M
Net Calls Change
-$55M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$836M -$1.36M -8,279 -0.1%
JP Morgan Chase
2
JP Morgan Chase
New York
$577M -$211M -1,283,044 -25%
BlackRock
3
BlackRock
New York
$561M +$19.6M +119,335 +3%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$391M +$3.51M +21,328 +0.8%
State Street
5
State Street
Massachusetts
$341M -$21.6M -131,681 -5%
IVMX
6
Institutional Venture Management XIV
California
$233M
Principal Financial Group
7
Principal Financial Group
Iowa
$155M +$5.59M +34,012 +3%
EARNEST Partners
8
EARNEST Partners
Georgia
$145M -$895K -5,445 -0.6%
Northern Trust
9
Northern Trust
Illinois
$141M +$1.33M +8,067 +0.8%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$141M -$8.33M -50,687 -5%
AI
11
Ariel Investments
Illinois
$125M +$11.3M +68,854 +9%
GCM
12
Gates Capital Management
New York
$122M +$32.4M +197,370 +31%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$109M +$3.3M +20,095 +3%
RFC
14
Regions Financial Corp
Alabama
$108M -$129K -783 -0.1%
CB
15
Cooke & Bieler
Pennsylvania
$105M -$3.75M -22,799 -3%
VNIM
16
Vaughan Nelson Investment Management
Texas
$93.3M -$26.3M -160,000 -20%
NC
17
Nicholas Company
Wisconsin
$89.5M -$2.31M -14,085 -2%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$86.7M -$16M -97,272 -14%
Bessemer Group
19
Bessemer Group
New Jersey
$84.6M -$59.3M -360,609 -39%
Bank of America
20
Bank of America
North Carolina
$82.3M -$13.7M -83,089 -13%
Goldman Sachs
21
Goldman Sachs
New York
$81.9M +$3.89M +23,698 +4%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$74.7M +$20.2M +122,854 +32%
Kayne Anderson Rudnick Investment Management
23
Kayne Anderson Rudnick Investment Management
California
$73M +$1.25M +7,584 +2%
CAM
24
Congress Asset Management
Massachusetts
$71.8M +$4.09M +24,884 +5%
T. Rowe Price Associates
25
T. Rowe Price Associates
Maryland
$69.1M +$46.3M +281,825 +151%

SNA Hedge Fund Activity: Q1 2018 in Review

619 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q1 2018, worth a combined $8.34B — down 18% from $10.2B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new SNA positions and 57 closed out — a net gain of 22 holders — while 222 added to existing stakes and 215 trimmed.

The largest buyer was Pzena Investment Management, opening a new position worth an estimated $50.5M. The largest seller was JP Morgan Chase, cutting an estimated $211M.

  • 619 institutional investors held Snap-on (SNA) as of Q1 2018, up from 603 in Q4 2017.
  • Funds reported $8.34B of Snap-on stock for Q1 2018, down 18% quarter-over-quarter.
  • 79 funds opened new Snap-on positions in Q1 2018 and 57 closed out, a net change of +22 holders.
  • The largest Snap-on buyer in Q1 2018 was Pzena Investment Management, an estimated $50.5M added.
  • The largest Snap-on seller in Q1 2018 was JP Morgan Chase, an estimated $211M sold.

Based on aggregated 13F filings for Q1 2018.