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Illinois Tool Works

811 hedge funds and large institutions have $26.9B invested in Illinois Tool Works in 2013 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 249 increasing their positions, 330 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 48

33% more funds holding in top 10

Funds holding in top 10: 2128 (+7)

12% more call options, than puts

Call options by funds: $156M | Put options by funds: $139M

9% more capital invested

Capital invested by funds: $24.7B → $26.9B (+$2.22B)

2% more funds holding

Funds holding: 798811 (+13)

0.61% less ownership

Funds ownership: 79.51%78.89% (-0.61%)

25% less repeat investments, than reductions

Existing positions increased: 249 | Existing positions reduced: 330

Holders
811
Holders Change
+13
Holders Change %
+1.63%
% of All Funds
26.3%
Holding in Top 10
28
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+33.33%
% of All Funds
0.91%
New
70
Increased
249
Reduced
330
Closed
48
Calls
$156M
Puts
$139M
Net Calls
+$17.1M
Net Calls Change
-$14.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$164M +$13.3M +181,763 +9%
AWM
27
Ashmore Wealth Management
Delaware
$164M
Diamond Hill Capital Management
28
Diamond Hill Capital Management
Ohio
$141M -$798K -10,922 -0.6%
Goldman Sachs
29
Goldman Sachs
New York
$138M -$6.9M -94,448 -5%
Legal & General Group
30
Legal & General Group
United Kingdom
$136M +$215K +2,948 +0.2%
TCIM
31
TIAA CREF Investment Management
New York
$132M -$61.5M -841,625 -33%
Deutsche Bank
32
Deutsche Bank
Germany
$131M +$15.2M +207,486 +14%
Invesco
33
Invesco
Georgia
$131M +$1.63M +22,247 +1%
RFC
34
Russell Frank Company
Washington
$116M +$4.23M +57,938 +4%
ClearBridge Investments
35
ClearBridge Investments
New York
$112M +$7.85M +107,405 +8%
Adage Capital Partners
36
Adage Capital Partners
Massachusetts
$108M -$6.5M -88,994 -6%
APG Asset Management
37
APG Asset Management
Netherlands
$106M -$6.39M -87,485 -6%
Citadel Advisors
38
Citadel Advisors
Florida
$106M -$8.19M -112,098 -7%
Bessemer Group
39
Bessemer Group
New Jersey
$101M +$34.1M +465,907 +54%
Schroder Investment Management Group
40
Schroder Investment Management Group
United Kingdom
$100M +$22.3M +305,456 +30%
PNC Financial Services Group
41
PNC Financial Services Group
Pennsylvania
$98.3M -$1.43M -19,573 -1%
Loomis, Sayles & Company
42
Loomis, Sayles & Company
Massachusetts
$93.3M +$13.6M +185,683 +18%
Boston Partners
43
Boston Partners
Massachusetts
$93M +$3.11M +42,601 +4%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$92.5M -$3.39M -46,400 -4%
AI
45
Ariel Investments
Illinois
$90.5M +$10.5M +143,413 +14%
EVM
46
Eaton Vance Management
Massachusetts
$90.4M -$199K -2,717 -0.2%
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$87.4M +$738K +10,092 +0.9%
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$83.8M +$915K +12,518 +1%
Franklin Resources
49
Franklin Resources
California
$81.8M +$59.6K +815 +0.1%
BG
50
Bahl & Gaynor
Ohio
$79.9M -$501K -6,858 -0.7%

ITW Hedge Fund Activity: Q3 2013 in Review

811 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2013, worth a combined $26.9B — up 9% from $24.7B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new ITW positions and 48 closed out — a net gain of 22 holders — while 249 added to existing stakes and 330 trimmed.

The largest buyer was Congress Asset Management, adding an estimated $55.5M. The largest seller was Wellington Management Group, cutting an estimated $179M.

  • 811 institutional investors held Illinois Tool Works (ITW) as of Q3 2013, up from 798 in Q2 2013.
  • Funds reported $26.9B of Illinois Tool Works stock for Q3 2013, up 9% quarter-over-quarter.
  • 70 funds opened new Illinois Tool Works positions in Q3 2013 and 48 closed out, a net change of +22 holders.
  • The largest Illinois Tool Works buyer in Q3 2013 was Congress Asset Management, an estimated $55.5M added.
  • The largest Illinois Tool Works seller in Q3 2013 was Wellington Management Group, an estimated $179M sold.

Based on aggregated 13F filings for Q3 2013.