Madison Asset Management’s Illinois Tool Works ITW Stock Holding History

Madison Asset Management’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
2026 Q1	$18.9M	Sell	72,466 -14,495	-17%	-$3.94M	0.23%	102
2025 Q4	$21.4M	Sell	86,961 -914	-1%	-$228K	0.25%	93
2025 Q3	$22.9M	Buy	87,875 +70,704	+412%	+$18.4M	0.25%	87
2025 Q2	$4.25M	Sell	17,171 -1,212	-7%	-$293K	0.05%	182
2025 Q1	$4.56M	Buy	18,383 +1,056	+6%	+$271K	0.05%	168
2024 Q4	$4.39M	Sell	17,327 -941	-5%	-$250K	0.05%	176
2024 Q3	$4.79M	Sell	18,268 -679	-4%	-$167K	0.05%	174
2024 Q2	$4.49M	Sell	18,947 -195	-1%	-$48.2K	0.06%	179
2024 Q1	$5.14M	Sell	19,142 -802	-4%	-$208K	0.06%	172
2023 Q4	$5.22M	Sell	19,944 -338	-2%	-$81K	0.07%	167
2023 Q3	$4.67M	Sell	20,282 -323	-2%	-$78.8K	0.07%	169
2023 Q2	$5.15M	Buy	20,605 +44	+0.2%	+$10.3K	0.08%	165
2023 Q1	$5.01M	Sell	20,561 -261	-1%	-$60.9K	0.08%	165
2022 Q4	$4.59M	Sell	20,822 -258	-1%	-$55K	0.07%	173
2022 Q3	$3.81M	Sell	21,080 -15	-0.1%	-$2.96K	0.06%	181
2022 Q2	$3.85M	Buy	+21,095	New	+$4.22M	0.06%	192

Other funds holding ITW

BHM

Briar Hall Management Nashville, Tennessee $6.72B AUM 4.95% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Madison Asset Management's ITW Position: Q1 2026 in Review

Madison Asset Management reduced its Illinois Tool Works (ITW) stake by 17% in Q1 2026, selling an estimated $3.94M and leaving 72,466 shares worth $18.9M. The position accounts for 0.23% of the portfolio, ranked #102.

Madison Asset Management first reported a position in ITW in Q2 2022 and has held it in 16 quarters since. The position peaked at $22.9M in Q3 2025. 1,933 funds tracked by Wall St. Rank hold ITW as of Q1 2026.

Madison Asset Management held 72,466 shares of Illinois Tool Works worth $18.9M as of Q1 2026.
Madison Asset Management sold 14,495 Illinois Tool Works shares in Q1 2026, an estimated $3.94M.
Illinois Tool Works made up 0.23% of Madison Asset Management's portfolio in Q1 2026, its #102 holding.
Madison Asset Management first reported a position in Illinois Tool Works in Q2 2022 and has held it in 16 quarters since.
Madison Asset Management's Illinois Tool Works position peaked at $22.9M in Q3 2025.
1,933 funds tracked by Wall St. Rank held Illinois Tool Works as of Q1 2026.

Based on Madison Asset Management's 13F filing for Q1 2026, filed 7 May 2026.