Snap-on
632 hedge funds and large institutions have $8.56B invested in Snap-on in 2020 Q4 according to their latest regulatory filings, with 116 funds opening new positions, 203 increasing their positions, 215 reducing their positions, and 41 closing their positions.
183% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 41
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
29% more call options, than puts
Call options by funds: $37.5M | Put options by funds: $29M
14% more capital invested
Capital invested by funds: $7.49B → $8.56B (+$1.07B)
11% more funds holding
Funds holding: 568 → 632 (+64)
0.53% less ownership
Funds ownership: 93.57% → 93.03% (-0.53%)
6% less repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 215
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$73.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$34.4M |
| 3 |
N
Natixis
Paris,
France
|
+$32.5M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$27.1M |
| 5 |
State Street
Boston,
Massachusetts
|
+$18.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$69.5M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$41.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$39.8M |
| 4 |
RP
RR Partners
New York
|
-$38.5M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$35.1M |
SNA Hedge Fund Activity: Q4 2020 in Review
632 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q4 2020, worth a combined $8.56B — up 14% from $7.49B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new SNA positions and 41 closed out — a net gain of 75 holders — while 203 added to existing stakes and 215 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $73.3M. The largest seller was Bank of America, cutting an estimated $69.5M.
- 632 institutional investors held Snap-on (SNA) as of Q4 2020, up from 568 in Q3 2020.
- Funds reported $8.56B of Snap-on stock for Q4 2020, up 14% quarter-over-quarter.
- 116 funds opened new Snap-on positions in Q4 2020 and 41 closed out, a net change of +75 holders.
- The largest Snap-on buyer in Q4 2020 was LSV Asset Management, an estimated $73.3M added.
- The largest Snap-on seller in Q4 2020 was Bank of America, an estimated $69.5M sold.
Based on aggregated 13F filings for Q4 2020.