Snap-on
575 hedge funds and large institutions have $9.13B invested in Snap-on in 2019 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 192 increasing their positions, 221 reducing their positions, and 56 closing their positions.
2.14% more ownership
Funds ownership: 101.86% → 103.99% (+2.1%)
3% more capital invested
Capital invested by funds: $8.86B → $9.13B (+$276M)
3% less funds holding
Funds holding: 592 → 575 (-17)
13% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 56
13% less repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 221
19% less call options, than puts
Call options by funds: $44.7M | Put options by funds: $55.5M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVMX
Institutional Venture Management XV
Menlo Park,
California
|
+$394M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$63.9M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$51.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$48.1M |
| 5 |
EPFB
Employees Provident Fund Board
Shah Alam,
Malaysia
|
+$43.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
-$91.4M |
| 2 |
BlackRock
New York
|
-$50.8M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$47M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$45.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$36.8M |
SNA Hedge Fund Activity: Q2 2019 in Review
575 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q2 2019, worth a combined $9.13B — up 3.1% from $8.86B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of SNA and 49 opened new positions — a net loss of 7 holders — while 221 trimmed existing stakes and 192 added.
The largest buyer was Institutional Venture Management XV, adding an estimated $394M. The largest seller was EARNEST Partners, cutting an estimated $91.4M.
- 575 institutional investors held Snap-on (SNA) as of Q2 2019, down from 592 in Q1 2019.
- Funds reported $9.13B of Snap-on stock for Q2 2019, up 3.1% quarter-over-quarter.
- 49 funds opened new Snap-on positions in Q2 2019 and 56 closed out, a net change of -7 holders.
- The largest Snap-on buyer in Q2 2019 was Institutional Venture Management XV, an estimated $394M added.
- The largest Snap-on seller in Q2 2019 was EARNEST Partners, an estimated $91.4M sold.
Based on aggregated 13F filings for Q2 2019.