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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
WJA
326
Williams Jones & Associates
New York
$3.84M +$2M +24,722 +110%
ST
327
Spinnaker Trust
Maine
$3.72M -$1.19M -14,667 -24%
PGFC
328
Peapack-Gladstone Financial Corp
New Jersey
$3.71M -$129K -1,595 -3%
Janney Montgomery Scott
329
Janney Montgomery Scott
Pennsylvania
$3.65M +$143K +1,772 +4%
EWM
330
Evercore Wealth Management
New York
$3.62M +$49K +606 +1%
GIP
331
Greatmark Investment Partners
Georgia
$3.61M +$269K +3,330 +8%
SMDAM
332
Sumitomo Mitsui DS Asset Management
Japan
$3.6M -$272K -3,361 -7%
VV
333
Verity & Verity
South Carolina
$3.59M +$52.6K +650 +1%
SAS
334
Spectrum Advisory Services
Georgia
$3.57M
AMI
335
Amica Mutual Insurance
Rhode Island
$3.56M
PNC
336
Park National Corp
Ohio
$3.56M -$194K -2,402 -5%
WC
337
Woodstock Corp
Massachusetts
$3.55M
RNS
338
Robert N. Shapiro
$3.54M -$981K -12,120 -22%
ACP
339
Ashfield Capital Partners
California
$3.54M -$4.04K -50 -0.1%
First Manhattan
340
First Manhattan
New York
$3.53M +$153K +1,896 +5%
Lord, Abbett & Co
341
Lord, Abbett & Co
New Jersey
$3.51M -$2M -24,700 -36%
CCMINC
342
Cardinal Capital Management Inc (North Carolina)
North Carolina
$3.5M -$229K -2,827 -6%
LOCB
343
Lombard Odier & Cie (Bahamas)
Bahamas
$3.5M
Los Angeles Capital Management
344
Los Angeles Capital Management
California
$3.48M -$1.11M -13,713 -24%
MOACM
345
Mutual of America Capital Management
New York
$3.47M -$96.7K -1,195 -3%
BNP Paribas Asset Management
346
BNP Paribas Asset Management
France
$3.47M +$213K +2,631 +7%
VKH
347
Virtu KCG Holdings
New York
$3.45M +$2.26M +27,899 +192%
QT
348
Quantbot Technologies
New York
$3.4M +$2.39M +29,596 +243%
NLI
349
Nippon Life Insurance
Japan
$3.36M -$144K -1,779 -4%
Allianz Asset Management
350
Allianz Asset Management
Germany
$3.36M -$9.22K -114 -0.3%

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.