Snap-on
890 hedge funds and large institutions have $13.7B invested in Snap-on in 2024 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 329 increasing their positions, 314 reducing their positions, and 61 closing their positions.
49% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 61
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
12% more capital invested
Capital invested by funds: $12.2B → $13.7B (+$1.49B)
2% more funds holding
Funds holding: 869 → 890 (+21)
1.08% more ownership
Funds ownership: 88.74% → 89.83% (+1.1%)
5% more repeat investments, than reductions
Existing positions increased: 329 | Existing positions reduced: 314
69% less call options, than puts
Call options by funds: $23.5M | Put options by funds: $77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$42M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$39.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$38.5M |
| 4 |
Goldman Sachs
New York
|
+$27.4M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$174M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$28.3M |
| 3 |
Squarepoint
New York
|
-$17.6M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$17M |
| 5 |
MWM
Moran Wealth Management
Naples,
Florida
|
-$15.9M |
SNA Hedge Fund Activity: Q3 2024 in Review
890 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Snap-on (SNA) for Q3 2024, worth a combined $13.7B — up 12% from $12.2B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new SNA positions and 61 closed out — a net gain of 30 holders — while 329 added to existing stakes and 314 trimmed.
The largest buyer was Benjamin Edwards Inc, adding an estimated $42M. The largest seller was JP Morgan Chase, cutting an estimated $174M.
- 890 institutional investors held Snap-on (SNA) as of Q3 2024, up from 869 in Q2 2024.
- Funds reported $13.7B of Snap-on stock for Q3 2024, up 12% quarter-over-quarter.
- 91 funds opened new Snap-on positions in Q3 2024 and 61 closed out, a net change of +30 holders.
- The largest Snap-on buyer in Q3 2024 was Benjamin Edwards Inc, an estimated $42M added.
- The largest Snap-on seller in Q3 2024 was JP Morgan Chase, an estimated $174M sold.
Based on aggregated 13F filings for Q3 2024.