Illinois Tool Works
ITW
1,642 hedge funds and large institutions have $61.2B invested in Illinois Tool Works in 2023 Q2 according to their latest regulatory filings, with 110 funds opening new positions, 527 increasing their positions, 636 reducing their positions, and 82 closing their positions.
69% more call options, than puts
Call options by funds: $141M | Put options by funds: $83.8M
34% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 82
1% more funds holding
Funds holding: 1,624 → 1,642 (+18)
2% more capital invested
Capital invested by funds: $59.8B → $61.2B (+$1.47B)
0.09% less ownership
Funds ownership: 80.68% → 80.58% (-0.09%)
7% less funds holding in top 10
Funds holding in top 10: 27 → 25 (-2)
17% less repeat investments, than reductions
Existing positions increased: 527 | Existing positions reduced: 636
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$281M |
| 2 |
Neuberger Berman Group
New York
|
+$61.4M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$60.4M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$46.9M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$41.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$176M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$80.5M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$68.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$59.8M |
| 5 |
BlackRock
New York
|
-$56.1M |
ITW Hedge Fund Activity: Q2 2023 in Review
1,642 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2023, worth a combined $61.2B — up 2.5% from $59.8B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new ITW positions and 82 closed out — a net gain of 28 holders — while 527 added to existing stakes and 636 trimmed.
The largest buyer was Ameriprise, adding an estimated $281M. The largest seller was Vanguard Group, cutting an estimated $176M.
- 1,642 institutional investors held Illinois Tool Works (ITW) as of Q2 2023, up from 1,624 in Q1 2023.
- Funds reported $61.2B of Illinois Tool Works stock for Q2 2023, up 2.5% quarter-over-quarter.
- 110 funds opened new Illinois Tool Works positions in Q2 2023 and 82 closed out, a net change of +28 holders.
- The largest Illinois Tool Works buyer in Q2 2023 was Ameriprise, an estimated $281M added.
- The largest Illinois Tool Works seller in Q2 2023 was Vanguard Group, an estimated $176M sold.
Based on aggregated 13F filings for Q2 2023.