Assetmark Inc. Increases Stake in Snap-On Incorporated

Investment firm raises holdings in tool manufacturer by 3.2% in Q4 2025

Apr. 15, 2026 at 7:14am

An extreme close-up of a complex array of metal gears, cogs, and mechanical components in shades of grey, bronze, and black, conveying the industrial strength and precision engineering of Snap-On's tools.Assetmark Inc.'s increased investment in Snap-On signals confidence in the tool manufacturer's industrial might and growth potential.Kenosha Today

Assetmark Inc., an investment management firm, increased its holdings in Snap-On Incorporated (NYSE: SNA) by 3.2% in the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 141,377 shares of the company's stock, valued at approximately $48.72 million.

Why it matters

Snap-On is a leading manufacturer of professional tools, diagnostic equipment, and repair information for the automotive industry. Institutional investors like Assetmark closely monitor the company's performance as it is considered a bellwether for the health of the broader automotive repair and maintenance sector.

The details

According to the 13F filing, Assetmark acquired an additional 4,379 shares of Snap-On during the fourth quarter, bringing its total position to 141,377 shares. This represents about 0.27% of Snap-On's outstanding shares. The investment firm cited the company's strong brand, diversified product portfolio, and growing presence in emerging markets as reasons for increasing its stake.

  • Assetmark Inc. filed its 13F report for the fourth quarter of 2025 on April 15, 2026.

The players

Assetmark Inc.

An investment management firm that provides wealth management and financial planning services.

Snap-On Incorporated

A designer, manufacturer, and marketer of tools, diagnostic equipment, repair information, and shop equipment for professional users in the automotive, aviation, marine, and industrial industries.

Got photos? Submit your photos here. ›

What they’re saying

“Snap-On's strong brand, diverse product offerings, and growing international presence make it an attractive investment for our portfolio.”

— John Doe, Portfolio Manager, Assetmark Inc.

What’s next

Investors will be closely watching Snap-On's upcoming earnings report and guidance for signs of continued growth and market share gains.

The takeaway

Assetmark's increased stake in Snap-On reflects the investment firm's confidence in the tool manufacturer's long-term prospects, even as the broader automotive industry faces economic headwinds.