First Quadrant’s Illinois Tool Works ITW Stock Holding History

First Quadrant’s Portfolio ITW Stock Details ITW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-4,818	Closed	-$690K	–	951
2017 Q2	$690K	Sell	4,818 -121,551	-96%	-$17M	0.01%	488
2017 Q1	$16.7M	Sell	126,369 -31	-0%	-$4.01K	0.33%	113
2016 Q4	$15.5M	Hold	126,400	–	–	0.32%	121
2016 Q3	$15.1M	Hold	126,400	–	–	0.32%	104
2016 Q2	$13.2M	Sell	126,400 -181,100	-59%	-$19M	0.29%	119
2016 Q1	$31.5M	Buy	307,500 +5,500	+2%	+$509K	0.69%	26
2015 Q4	$28M	Buy	302,000 +228,100	+309%	+$20.7M	0.61%	42
2015 Q3	$6.08M	Buy	+73,900	New	+$6.46M	0.14%	187

Other funds holding ITW

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $146B AUM 55.73% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

First Quadrant's ITW Position: Q3 2017 in Review

First Quadrant sold out of Illinois Tool Works (ITW) in Q3 2017, closing a stake of 4,818 shares — an estimated $690K sold.

First Quadrant first reported a position in ITW in Q3 2015 and held it in 8 quarters. The position peaked at $31.5M in Q1 2016. 1,110 funds tracked by Wall St. Rank hold ITW as of Q3 2017.

First Quadrant reported no remaining Illinois Tool Works position as of Q3 2017 after selling out during the quarter.
First Quadrant sold 4,818 Illinois Tool Works shares in Q3 2017, an estimated $690K.
First Quadrant first reported a position in Illinois Tool Works in Q3 2015 and held it in 8 quarters.
First Quadrant's Illinois Tool Works position peaked at $31.5M in Q1 2016.
1,110 funds tracked by Wall St. Rank held Illinois Tool Works as of Q3 2017.

Based on First Quadrant's 13F filing for Q3 2017, filed 25 Oct 2017.