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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
Citigroup
301
Citigroup
New York
$4.38M -$6.69M -82,643 -61%
EVM
302
Evelyn V. Moreno
$4.35M +$17.4K +215 +0.4%
WAM
303
World Asset Management
Michigan
$4.34M -$796K -9,842 -16%
ARMC
304
American Research & Management Company
Massachusetts
$4.34M -$42.5K -525 -1%
NMERB
305
New Mexico Educational Retirement Board
New Mexico
$4.34M +$4.32M +53,350 New
LM
306
Luminus Management
Texas
$4.34M +$4.32M +53,351 New
HIC
307
Harvey Investment Company
Kentucky
$4.34M +$4.04K +50 +0.1%
Jones Financial Companies
308
Jones Financial Companies
Missouri
$4.33M -$34K -420 -0.8%
SIG
309
Sky Investment Group
Connecticut
$4.32M +$7.69K +95 +0.2%
Asset Management One
310
Asset Management One
Japan
$4.23M -$11.2K -138 -0.3%
HFS
311
HL Financial Services
Kentucky
$4.22M +$85.2K +1,053 +2%
Nomura Asset Management
312
Nomura Asset Management
Japan
$4.2M -$5.05M -62,400 -55%
CCM
313
Catapult Capital Management
New York
$4.1M +$4.07M +50,357 New
DKCM
314
Davidson Kempner Capital Management
New York
$4.07M +$4.05M +50,000 New
GAM
315
Griffin Asset Management
New York
$4.04M -$164K -2,024 -4%
PPCM
316
Pillar Pacific Capital Management
California
$4.02M -$239K -2,959 -6%
MNA
317
Manning & Napier Advisors
New York
$4.01M -$12.1K -149 -0.3%
CM
318
Capital Management
Virginia
$3.99M -$236K -2,914 -6%
TIM
319
Thompson Investment Management
Wisconsin
$3.98M -$67.1K -830 -2%
CYG
320
Clean Yield Group
Vermont
$3.98M -$220K -2,715 -5%
MKC
321
M. Kraus & Co
Vermont
$3.97M -$44.5K -550 -1%
GA
322
Geneva Advisors
Illinois
$3.97M +$2.83M +34,954 +253%
Neuberger Berman Group
323
Neuberger Berman Group
New York
$3.96M -$2.32M -28,654 -37%
CIBC Asset Management
324
CIBC Asset Management
Ontario, Canada
$3.95M -$237K -2,930 -6%
LIA
325
LS Investment Advisors
Michigan
$3.87M +$498K +6,160 +15%

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.