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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
SIM
426
Sentry Investment Management
Wisconsin
$1.86M
BMO
427
Beck Mack & Oliver
New York
$1.86M -$14.6K -180 -0.8%
APFBOT
428
Amica Pension Fund Board of Trustees
Rhode Island
$1.85M
JVBC
429
J.V. Bruni & Co
Colorado
$1.79M -$2.01M -24,808 -53%
SCM
430
Stonebridge Capital Management
California
$1.79M -$55.6K -687 -3%
WF
431
Welch & Forbes
Massachusetts
$1.74M +$87K +1,075 +5%
RW
432
Rand Wealth
Maryland
$1.71M -$118K -1,460 -6%
PTB
433
Pioneer Trust Bank
Oregon
$1.71M -$640K -7,914 -27%
PIM
434
Penobscot Investment Management
Massachusetts
$1.7M +$44.9K +555 +3%
FNBOO
435
First National Bank of Omaha
Nebraska
$1.68M -$122K -1,509 -7%
NSEDCP
436
NJ State Employees Deferred Compensation Plan
New Jersey
$1.63M
JIC
437
Johnson Investment Counsel
Ohio
$1.62M -$113K -1,395 -7%
AWP
438
Ascent Wealth Partners
New York
$1.61M +$44.1K +545 +3%
Northwestern Mutual Wealth Management
439
Northwestern Mutual Wealth Management
Wisconsin
$1.58M +$105K +1,302 +7%
CK
440
Cohen Klingenstein
New York
$1.58M
KCM
441
Kornitzer Capital Management
Kansas
$1.57M +$4.85K +60 +0.3%
CT
442
Cambridge Trust
Massachusetts
$1.57M -$25.9K -320 -2%
FSC
443
Fiduciary Services Corp
Georgia
$1.56M +$12.1K +150 +0.8%
FNT
444
First National Trust
Pennsylvania
$1.55M -$29K -358 -2%
FNF
445
Fidelity National Financial
Florida
$1.54M
WTNA
446
Wilmington Trust National Association
Delaware
$1.53M +$74.9K +926 +5%
BHWM
447
Bar Harbor Wealth Management
New Hampshire
$1.52M -$30.7K -380 -2%
CIC
448
Carnegie Investment Counsel
Ohio
$1.52M +$7.12K +88 +0.5%
NPF
449
Norris Perne & French
Michigan
$1.52M -$341K -4,212 -18%
BC
450
Burney Company
Virginia
$1.52M -$45.2K -559 -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.