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Illinois Tool Works

887 hedge funds and large institutions have $25.8B invested in Illinois Tool Works in 2014 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 250 increasing their positions, 390 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 38

33% more call options, than puts

Call options by funds: $84.5M | Put options by funds: $63.5M

3% more funds holding

Funds holding: 863887 (+24)

1.65% less ownership

Funds ownership: 76.32%74.67% (-1.6%)

9% less funds holding in top 10

Funds holding in top 10: 2220 (-2)

9% less capital invested

Capital invested by funds: $28.5B → $25.8B (-$2.67B)

36% less repeat investments, than reductions

Existing positions increased: 250 | Existing positions reduced: 390

Holders
887
Holders Change
+24
Holders Change %
+2.78%
% of All Funds
25.61%
Holding in Top 10
20
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.09%
% of All Funds
0.58%
New
75
Increased
250
Reduced
390
Closed
38
Calls
$84.5M
Puts
$63.5M
Net Calls
+$21M
Net Calls Change
+$92.3M
Name Holding Trade Value Shares
Change
Change in
Stake
HighTower Advisors
226
HighTower Advisors
Illinois
$7.82M +$50.2K +621 +0.7%
ProShare Advisors
227
ProShare Advisors
Maryland
$7.77M +$1.11M +13,713 +17%
RA
228
Royce & Associates
New York
$7.67M +$356K +4,400 +5%
IRF
229
IBM Retirement Fund
New York
$7.5M -$4.75M -58,683 -39%
FBNAT
230
FirstMerit Bank N.A. Trustee
Ohio
$7.41M +$93.8K +1,159 +1%
CGT
231
Capital Guardian Trust
California
$7.34M -$106K -1,313 -1%
CVSCT
232
C.V. Starr & Co Trust
New York
$7.32M
FIB
233
First Interstate Bank
Montana
$7.14M +$16.3K +202 +0.2%
LWCFA
234
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$7.14M -$275K -3,404 -4%
BFM
235
Boston Financial Management
Massachusetts
$7.06M -$29.6K -366 -0.4%
MAA
236
Managed Account Advisors
New Jersey
$7.05M -$1.72M -21,286 -20%
Susquehanna International Group
237
Susquehanna International Group
Pennsylvania
$6.95M -$4.25M -52,541 -38%
Ninety One (UK)
238
Ninety One (UK)
United Kingdom
$6.89M +$3.41M +42,108 +99%
SCM
239
Stevens Capital Management
Pennsylvania
$6.84M -$11M -136,321 -62%
UCFA
240
United Capital Financial Advisors
Texas
$6.82M -$388K -4,790 -5%
FBA
241
Front Barnett Associates
Illinois
$6.76M -$3.89M -48,072 -37%
OPERF
242
Oregon Public Employees Retirement Fund
Oregon
$6.74M -$8.09K -100 -0.1%
NSAM
243
North Star Asset Management
Wisconsin
$6.69M -$186K -2,300 -3%
Mitsubishi UFJ Asset Management
244
Mitsubishi UFJ Asset Management
Japan
$6.64M -$781K -9,649 -11%
BPC
245
Banque Pictet & Cie
Switzerland
$6.46M +$1.1M +13,551 +21%
TL
246
Tirschwell & Loewy
New York
$6.45M -$4.04K -50 -0.1%
FNFDCM
247
Folger Nolan Fleming Douglas Capital Management
District of Columbia
$6.39M +$92.6K +1,145 +1%
Luther King Capital Management (LKCM)
248
Luther King Capital Management (LKCM)
Texas
$6.34M -$516K -6,380 -8%
SIPS
249
Shelter Insurance Profit Sharing
Missouri
$6.18M
Nomura Holdings
250
Nomura Holdings
Japan
$6.15M +$3.8M +46,970 +164%

ITW Hedge Fund Activity: Q1 2014 in Review

887 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2014, worth a combined $25.8B — down 9.4% from $28.5B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new ITW positions and 38 closed out — a net gain of 37 holders — while 250 added to existing stakes and 390 trimmed.

The largest buyer was Adage Capital Partners, adding an estimated $236M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $572M.

  • 887 institutional investors held Illinois Tool Works (ITW) as of Q1 2014, up from 863 in Q4 2013.
  • Funds reported $25.8B of Illinois Tool Works stock for Q1 2014, down 9.4% quarter-over-quarter.
  • 75 funds opened new Illinois Tool Works positions in Q1 2014 and 38 closed out, a net change of +37 holders.
  • The largest Illinois Tool Works buyer in Q1 2014 was Adage Capital Partners, an estimated $236M added.
  • The largest Illinois Tool Works seller in Q1 2014 was Barrow, Hanley, Mewhinney & Strauss, an estimated $572M sold.

Based on aggregated 13F filings for Q1 2014.