Illinois Tool Works
1,190 hedge funds and large institutions have $36.4B invested in Illinois Tool Works in 2018 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 408 increasing their positions, 439 reducing their positions, and 81 closing their positions.
4% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 81
1% more capital invested
Capital invested by funds: $36B → $36.4B (+$389M)
0.14% more ownership
Funds ownership: 76.83% → 76.97% (+0.14%)
0% less call options, than puts
Call options by funds: $116M | Put options by funds: $117M
1% less funds holding
Funds holding: 1,198 → 1,190 (-8)
7% less repeat investments, than reductions
Existing positions increased: 408 | Existing positions reduced: 439
21% less funds holding in top 10
Funds holding in top 10: 19 → 15 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$198M |
| 2 |
Bank of New York Mellon
New York
|
+$117M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$80.9M |
| 4 |
BlackRock
New York
|
+$74.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$70.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$167M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$143M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$122M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$80.5M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$74.7M |
ITW Hedge Fund Activity: Q3 2018 in Review
1,190 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2018, worth a combined $36.4B — up 1.1% from $36B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new ITW positions and 81 closed out — a net gain of 3 holders — while 408 added to existing stakes and 439 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $198M. The largest seller was Northern Trust, cutting an estimated $167M.
- 1,190 institutional investors held Illinois Tool Works (ITW) as of Q3 2018, down from 1,198 in Q2 2018.
- Funds reported $36.4B of Illinois Tool Works stock for Q3 2018, up 1.1% quarter-over-quarter.
- 84 funds opened new Illinois Tool Works positions in Q3 2018 and 81 closed out, a net change of +3 holders.
- The largest Illinois Tool Works buyer in Q3 2018 was Massachusetts Financial Services, an estimated $198M added.
- The largest Illinois Tool Works seller in Q3 2018 was Northern Trust, an estimated $167M sold.
Based on aggregated 13F filings for Q3 2018.