Snap-on
863 hedge funds and large institutions have $13.2B invested in Snap-on in 2023 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 292 increasing their positions, 304 reducing their positions, and 46 closing their positions.
139% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 46
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
13% more capital invested
Capital invested by funds: $11.6B → $13.2B (+$1.54B)
6% more funds holding
Funds holding: 811 → 863 (+52)
0.33% more ownership
Funds ownership: 86.03% → 86.36% (+0.33%)
4% less repeat investments, than reductions
Existing positions increased: 292 | Existing positions reduced: 304
25% less call options, than puts
Call options by funds: $48.6M | Put options by funds: $64.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$80.6M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$37.2M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$19.8M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
+$19.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$103M |
| 2 |
Bank of New York Mellon
New York
|
-$52.4M |
| 3 |
Amundi
Paris,
France
|
-$28M |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
-$27M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$23.4M |
SNA Hedge Fund Activity: Q4 2023 in Review
863 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q4 2023, worth a combined $13.2B — up 13% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new SNA positions and 46 closed out — a net gain of 64 holders — while 292 added to existing stakes and 304 trimmed.
The largest buyer was Nordea Investment Management, adding an estimated $80.6M. The largest seller was BlackRock, cutting an estimated $103M.
- 863 institutional investors held Snap-on (SNA) as of Q4 2023, up from 811 in Q3 2023.
- Funds reported $13.2B of Snap-on stock for Q4 2023, up 13% quarter-over-quarter.
- 110 funds opened new Snap-on positions in Q4 2023 and 46 closed out, a net change of +64 holders.
- The largest Snap-on buyer in Q4 2023 was Nordea Investment Management, an estimated $80.6M added.
- The largest Snap-on seller in Q4 2023 was BlackRock, an estimated $103M sold.
Based on aggregated 13F filings for Q4 2023.