Snap-on
688 hedge funds and large institutions have $10.7B invested in Snap-on in 2021 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 244 increasing their positions, 242 reducing their positions, and 52 closing their positions.
73% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 52
11% more call options, than puts
Call options by funds: $26.2M | Put options by funds: $23.6M
5% more funds holding
Funds holding: 656 → 688 (+32)
1% more repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 242
0.1% more ownership
Funds ownership: 88.23% → 88.33% (+0.1%)
4% less capital invested
Capital invested by funds: $11.1B → $10.7B (-$415M)
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$107M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$83.8M |
| 3 |
Morgan Stanley
New York
|
+$54M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$35.5M |
| 5 |
Millennium Management
New York
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$102M |
| 2 |
JP Morgan Chase
New York
|
-$76.2M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$65.3M |
| 4 |
N
Natixis
Paris,
France
|
-$54.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.9M |
SNA Hedge Fund Activity: Q2 2021 in Review
688 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q2 2021, worth a combined $10.7B — down 3.7% from $11.1B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new SNA positions and 52 closed out — a net gain of 38 holders — while 244 added to existing stakes and 242 trimmed.
The largest buyer was Ameriprise, adding an estimated $107M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $102M sold.
- 688 institutional investors held Snap-on (SNA) as of Q2 2021, up from 656 in Q1 2021.
- Funds reported $10.7B of Snap-on stock for Q2 2021, down 3.7% quarter-over-quarter.
- 90 funds opened new Snap-on positions in Q2 2021 and 52 closed out, a net change of +38 holders.
- The largest Snap-on buyer in Q2 2021 was Ameriprise, an estimated $107M added.
- The largest Snap-on seller in Q2 2021 was 1832 Asset Management, an estimated $102M sold.
Based on aggregated 13F filings for Q2 2021.