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Illinois Tool Works

977 hedge funds and large institutions have $27.8B invested in Illinois Tool Works in 2016 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 313 increasing their positions, 381 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 41

47% more funds holding in top 10

Funds holding in top 10: 1928 (+9)

8% more capital invested

Capital invested by funds: $25.8B → $27.8B (+$2.01B)

4% more funds holding

Funds holding: 935977 (+42)

1.99% more ownership

Funds ownership: 76.4%78.39% (+2%)

18% less repeat investments, than reductions

Existing positions increased: 313 | Existing positions reduced: 381

40% less call options, than puts

Call options by funds: $52.1M | Put options by funds: $87M

Holders
977
Holders Change
+42
Holders Change %
+4.49%
% of All Funds
26.03%
Holding in Top 10
28
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+47.37%
% of All Funds
0.75%
New
92
Increased
313
Reduced
381
Closed
41
Calls
$52.1M
Puts
$87M
Net Calls
-$34.9M
Net Calls Change
-$16.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$180M +$81.8M +884,134 +101%
Ameriprise
27
Ameriprise
Minnesota
$173M +$33.1M +357,922 +27%
Deutsche Bank
28
Deutsche Bank
Germany
$170M -$6.75M -72,898 -4%
APG Asset Management
29
APG Asset Management
Netherlands
$161M +$105K +1,136 +0.1%
Legal & General Group
30
Legal & General Group
United Kingdom
$148M +$2.45M +26,457 +2%
T
31
Thomaspartners
Massachusetts
$143M +$2.33M +25,150 +2%
TCIM
32
TIAA CREF Investment Management
New York
$125M +$7.29M +78,726 +7%
OSAM
33
O'Shaughnessy Asset Management
Connecticut
$123M -$273K -2,944 -0.2%
EVM
34
Eaton Vance Management
Massachusetts
$120M -$53.2K -575 -0%
CP
35
Coho Partners
Pennsylvania
$115M +$3.66M +39,492 +4%
AWM
36
Ashmore Wealth Management
Delaware
$114M -$35.8M -387,085 -26%
Prudential Financial
37
Prudential Financial
New Jersey
$112M +$62.2M +671,870 +160%
BlackRock
38
BlackRock
New York
$111M -$14.4M -155,342 -12%
Charles Schwab
39
Charles Schwab
California
$110M +$14.9M +161,422 +18%
PPA
40
Parametric Portfolio Associates
Washington
$104M +$8.24M +88,985 +10%
ClearBridge Investments
41
ClearBridge Investments
New York
$104M -$1.48M -15,939 -2%
UBS AM
42
UBS AM
Illinois
$101M -$9.08M -98,086 -9%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$99.5M +$4.06M +43,900 +5%
TA
44
Teachers Advisors
New York
$95.3M +$12M +129,914 +16%
Sumitomo Mitsui Trust Group
45
Sumitomo Mitsui Trust Group
Japan
$94.5M +$951K +10,269 +1%
AI
46
Ariel Investments
Illinois
$93.4M -$4.64M -50,132 -5%
Bank of Montreal
47
Bank of Montreal
Ontario, Canada
$90.7M -$8.84M -95,483 -10%
Schroder Investment Management Group
48
Schroder Investment Management Group
United Kingdom
$88.8M -$23.4M -252,632 -23%
Morgan Stanley
49
Morgan Stanley
New York
$87.7M +$6.07M +65,535 +8%
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$85.1M +$5.34M +57,700 +7%

ITW Hedge Fund Activity: Q1 2016 in Review

977 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2016, worth a combined $27.8B — up 7.8% from $25.8B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new ITW positions and 41 closed out — a net gain of 51 holders — while 313 added to existing stakes and 381 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $750M. The largest seller was UBS Group, cutting an estimated $260M.

  • 977 institutional investors held Illinois Tool Works (ITW) as of Q1 2016, up from 935 in Q4 2015.
  • Funds reported $27.8B of Illinois Tool Works stock for Q1 2016, up 7.8% quarter-over-quarter.
  • 92 funds opened new Illinois Tool Works positions in Q1 2016 and 41 closed out, a net change of +51 holders.
  • The largest Illinois Tool Works buyer in Q1 2016 was Royal London Asset Management, an estimated $750M added.
  • The largest Illinois Tool Works seller in Q1 2016 was UBS Group, an estimated $260M sold.

Based on aggregated 13F filings for Q1 2016.