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Illinois Tool Works

977 hedge funds and large institutions have $27.8B invested in Illinois Tool Works in 2016 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 313 increasing their positions, 381 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 41

47% more funds holding in top 10

Funds holding in top 10: 1928 (+9)

8% more capital invested

Capital invested by funds: $25.8B → $27.8B (+$2.01B)

4% more funds holding

Funds holding: 935977 (+42)

1.99% more ownership

Funds ownership: 76.4%78.39% (+2%)

18% less repeat investments, than reductions

Existing positions increased: 313 | Existing positions reduced: 381

40% less call options, than puts

Call options by funds: $52.1M | Put options by funds: $87M

Holders
977
Holders Change
+42
Holders Change %
+4.49%
% of All Funds
26.03%
Holding in Top 10
28
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+47.37%
% of All Funds
0.75%
New
92
Increased
313
Reduced
381
Closed
41
Calls
$52.1M
Puts
$87M
Net Calls
-$34.9M
Net Calls Change
-$16.6M
Name Holding Trade Value Shares
Change
Change in
Stake
GH
301
GAM Holding
Switzerland
$4.81M -$1.03M -11,134 -19%
TG
302
TCW Group
California
$4.79M +$283K +3,056 +7%
Adage Capital Partners
303
Adage Capital Partners
Massachusetts
$4.78M +$4.32M +46,640 New
LAM
304
Lebenthal Asset Management
New York
$4.74M +$4.28M +46,237 New
MIC
305
MU Investments Company
Japan
$4.73M
EWM
306
Evercore Wealth Management
New York
$4.58M -$186K -2,007 -4%
PJSIMP
307
P.J. Schmidt Investment Management (PJS)
Wisconsin
$4.56M -$435K -4,703 -10%
GAM
308
Guinness Asset Management
United Kingdom
$4.54M
LIA
309
LS Investment Advisors
Michigan
$4.52M +$312K +3,371 +8%
Calamos Advisors
310
Calamos Advisors
Illinois
$4.49M +$253K +2,733 +7%
MSA
311
Mason Street Advisors
Wisconsin
$4.47M +$80.6K +871 +2%
CCMINC
312
Cardinal Capital Management Inc (North Carolina)
North Carolina
$4.46M +$5.18K +56 +0.1%
HIC
313
Harvey Investment Company
Kentucky
$4.45M +$2.78K +30 +0.1%
TIM
314
Thompson Investment Management
Wisconsin
$4.36M -$196K -2,120 -5%
Janney Montgomery Scott
315
Janney Montgomery Scott
Pennsylvania
$4.31M +$89.8K +970 +2%
ACP
316
Ashfield Capital Partners
California
$4.3M
GWM
317
Gupta Wealth Management
California
$4.2M -$242K -2,613 -6%
BWM
318
Braver Wealth Management
Massachusetts
$4.18M +$803K +8,676 +27%
PAM
319
Paradigm Asset Management
New York
$4.17M -$833K -9,000 -18%
Northwestern Mutual Wealth Management
320
Northwestern Mutual Wealth Management
Wisconsin
$4.16M -$174K -1,877 -4%
IRF
321
IBM Retirement Fund
New York
$4.14M -$3.12M -33,752 -46%
WAM
322
World Asset Management
Michigan
$4.13M -$326K -3,526 -8%
FWIA
323
Fort Washington Investment Advisors
Ohio
$4.12M -$330K -3,568 -8%
WAM
324
Wolverine Asset Management
Illinois
$4.1M +$3.7M +40,000 New
Nomura Asset Management
325
Nomura Asset Management
Japan
$4.07M +$106K +1,150 +3%

ITW Hedge Fund Activity: Q1 2016 in Review

977 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2016, worth a combined $27.8B — up 7.8% from $25.8B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new ITW positions and 41 closed out — a net gain of 51 holders — while 313 added to existing stakes and 381 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $750M. The largest seller was UBS Group, cutting an estimated $260M.

  • 977 institutional investors held Illinois Tool Works (ITW) as of Q1 2016, up from 935 in Q4 2015.
  • Funds reported $27.8B of Illinois Tool Works stock for Q1 2016, up 7.8% quarter-over-quarter.
  • 92 funds opened new Illinois Tool Works positions in Q1 2016 and 41 closed out, a net change of +51 holders.
  • The largest Illinois Tool Works buyer in Q1 2016 was Royal London Asset Management, an estimated $750M added.
  • The largest Illinois Tool Works seller in Q1 2016 was UBS Group, an estimated $260M sold.

Based on aggregated 13F filings for Q1 2016.