ACR Alpine Capital Research’s Illinois Tool Works ITW Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-263,178	Closed	-$21.4M	–	27
2014 Q1	$21.4M	Buy	263,178 +9,653	+4%	+$785K	3.56%	12
2013 Q4	$21.3M	Buy	253,525 +14,646	+6%	+$1.23M	4.3%	12
2013 Q3	$18.2M	Sell	238,879 -1,777	-0.7%	-$136K	4.24%	12
2013 Q2	$16.6M	Buy	+240,656	New	+$16.6M	3.78%	13