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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
CEP
451
Chicago Equity Partners
Illinois
$1.51M +$1.51M +18,630 New
JG
452
Jefferies Group
New York
$1.51M +$1.5M +18,599 New
CAM
453
Cubic Asset Management
Massachusetts
$1.5M -$4.04K -50 -0.3%
JMPWA
454
JP Morgan Private Wealth Advisors
California
$1.5M +$164K +2,033 +12%
ACA
455
Anchor Capital Advisors
Massachusetts
$1.46M
CDH
456
Charles D. Hyman
$1.44M +$8.09K +100 +0.6%
CIBC World Market
457
CIBC World Market
Ontario, Canada
$1.43M +$460K +5,687 +48%
LIM
458
Leavell Investment Management
Alabama
$1.43M
FPA
459
Fieldpoint Private Advisors
New York
$1.42M -$426K -5,270 -23%
AIM
460
abrdn Investment Management
United Kingdom
$1.41M -$53.1K -656 -4%
GMIM
461
General Motors Investment Management
New York
$1.4M -$222K -2,748 -14%
CIM
462
CenturyLink Investment Management
Colorado
$1.4M -$693K -8,570 -33%
CCM
463
Covington Capital Management
California
$1.39M +$72K +890 +6%
RJT
464
Raymond James Trust
Florida
$1.38M -$169K -2,084 -11%
SFP
465
Santa Fe Partners
New Mexico
$1.38M +$1.37M +16,948 New
NRS
466
Neville Rodie & Shaw
New York
$1.36M -$68.8K -851 -5%
NG
467
NatWest Group
United Kingdom
$1.36M -$2.67M -33,059 -66%
ISL
468
Ingalls & Snyder LLC
New York
$1.35M -$80.9K -1,000 -6%
AIM
469
Aspen Investment Management
Michigan
$1.31M -$8.09K -100 -0.6%
TCM
470
Tradition Capital Management
New Jersey
$1.31M
JWM
471
Jacobus Wealth Management
Wisconsin
$1.3M
Creative Planning
472
Creative Planning
Kansas
$1.3M +$105K +1,298 +9%
SGH
473
Schonfeld Group Holdings
New York
$1.29M +$721K +8,907 +127%
FA
474
FMA Advisory
Pennsylvania
$1.27M -$9.95K -123 -0.8%
CLOS
475
Compagnie Lombard Odier SCmA
Switzerland
$1.27M

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.