Snap-on
872 hedge funds and large institutions have $13.7B invested in Snap-on in 2024 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 316 increasing their positions, 313 reducing their positions, and 69 closing their positions.
29% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 69
1.47% more ownership
Funds ownership: 86.36% → 87.84% (+1.5%)
1% more funds holding
Funds holding: 863 → 872 (+9)
4% more capital invested
Capital invested by funds: $13.2B → $13.7B (+$534M)
1% more repeat investments, than reductions
Existing positions increased: 316 | Existing positions reduced: 313
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
45% less call options, than puts
Call options by funds: $47.4M | Put options by funds: $86.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$154M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$107M |
| 3 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$53.6M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$30.9M |
| 5 |
BlackRock
New York
|
+$26.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.1M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$38.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$30.4M |
| 4 |
GWS
Glassman Wealth Services
Vienna,
Virginia
|
-$29.2M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$25.6M |
SNA Hedge Fund Activity: Q1 2024 in Review
872 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q1 2024, worth a combined $13.7B — up 4.1% from $13.2B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new SNA positions and 69 closed out — a net gain of 20 holders — while 316 added to existing stakes and 313 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $154M. The largest seller was Wellington Management Group, cutting an estimated $43.1M.
- 872 institutional investors held Snap-on (SNA) as of Q1 2024, up from 863 in Q4 2023.
- Funds reported $13.7B of Snap-on stock for Q1 2024, up 4.1% quarter-over-quarter.
- 89 funds opened new Snap-on positions in Q1 2024 and 69 closed out, a net change of +20 holders.
- The largest Snap-on buyer in Q1 2024 was Pacer Advisors, an estimated $154M added.
- The largest Snap-on seller in Q1 2024 was Wellington Management Group, an estimated $43.1M sold.
Based on aggregated 13F filings for Q1 2024.