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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
AIC
276
Argus Investors Counsel
New York
$5.05M -$113K -1,400 -2%
FWIA
277
Fort Washington Investment Advisors
Ohio
$5.04M -$286K -3,533 -5%
LS
278
Livforsakringsbolaget Skandia
Sweden
$4.98M +$4.95M +61,184 New
Commonwealth Equity Services
279
Commonwealth Equity Services
Massachusetts
$4.97M +$220K +2,714 +5%
TC
280
Taylor Cottrill
New Hampshire
$4.93M +$232K +2,870 +5%
TSS
281
Thomas Story & Son
Indiana
$4.92M -$178K -2,200 -4%
GIA
282
Gateway Investment Advisers
Ohio
$4.83M -$64.3K -795 -1%
WBC
283
Westpac Banking Corp
Australia
$4.83M -$2.27M -28,100 -32%
HIC
284
Hartline Investment Corp
Illinois
$4.83M -$275K -3,405 -5%
N
285
Nuveen
North Carolina
$4.82M -$1.04M -12,824 -18%
FSA
286
Financial Sense Advisors
California
$4.75M +$175K +2,168 +4%
QCMC
287
Quantum Capital Management (California)
California
$4.68M +$156K +1,927 +3%
PAM
288
Panagora Asset Management
Massachusetts
$4.68M -$662K -8,185 -12%
CC
289
Cannell & Co
New York
$4.65M +$4.63M +57,225 New
AAM
290
Autus Asset Management
Arizona
$4.64M -$224K -2,764 -5%
PAM
291
Paradigm Asset Management
New York
$4.63M +$1.13M +14,000 +33%
Nordea Investment Management
292
Nordea Investment Management
Sweden
$4.62M +$208K +2,567 +5%
PP
293
Paloma Partners
Connecticut
$4.6M +$4.57M +56,519 New
RJA
294
Raymond James & Associates
Florida
$4.58M +$1.05M +13,040 +30%
HBT
295
Hills Bank & Trust
Iowa
$4.57M -$120K -1,480 -3%
BPBT
296
Boston Private Bank & Trust
Massachusetts
$4.56M -$104K -1,280 -2%
BOH
297
Bank of Hawaii
Hawaii
$4.51M +$54.2K +670 +1%
Capital Fund Management (CFM)
298
Capital Fund Management (CFM)
France
$4.51M +$2.95M +36,519 +193%
MIC
299
MU Investments Company
Japan
$4.42M
Robeco Institutional Asset Management
300
Robeco Institutional Asset Management
Netherlands
$4.42M +$140K +1,736 +3%

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.