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Illinois Tool Works

1,249 hedge funds and large institutions have $44.4B invested in Illinois Tool Works in 2017 Q4 according to their latest regulatory filings, with 188 funds opening new positions, 368 increasing their positions, 456 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

359% more first-time investments, than exits

New positions opened: 188 | Existing positions closed: 41

32% more funds holding in top 10

Funds holding in top 10: 3445 (+11)

15% more capital invested

Capital invested by funds: $38.5B → $44.4B (+$5.84B)

13% more funds holding

Funds holding: 1,1101,249 (+139)

1.98% more ownership

Funds ownership: 75.68%77.66% (+2%)

19% less repeat investments, than reductions

Existing positions increased: 368 | Existing positions reduced: 456

64% less call options, than puts

Call options by funds: $108M | Put options by funds: $299M

Holders
1,249
Holders Change
+139
Holders Change %
+12.52%
% of All Funds
28.32%
Holding in Top 10
45
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+32.35%
% of All Funds
1.02%
New
188
Increased
368
Reduced
456
Closed
41
Calls
$108M
Puts
$299M
Net Calls
-$191M
Net Calls Change
-$83.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
26
Franklin Resources
California
$210M -$1.38M -8,671 -0.7%
UBS AM
27
UBS AM
Illinois
$208M +$52.5M +329,115 +36%
CP
28
Coho Partners
Pennsylvania
$197M -$7.21M -45,220 -4%
EVM
29
Eaton Vance Management
Massachusetts
$195M -$297K -1,861 -0.2%
Deutsche Bank
30
Deutsche Bank
Germany
$192M -$5.54M -34,746 -3%
Swiss National Bank
31
Swiss National Bank
Switzerland
$191M -$606K -3,800 -0.3%
UBS Group
32
UBS Group
Switzerland
$191M +$4.55M +28,514 +3%
Charles Schwab
33
Charles Schwab
California
$188M +$6.19M +38,844 +4%
Prudential Financial
34
Prudential Financial
New Jersey
$186M +$721K +4,518 +0.4%
BG
35
Bahl & Gaynor
Ohio
$174M +$653K +4,092 +0.4%
Adage Capital Partners
36
Adage Capital Partners
Massachusetts
$162M -$17.5M -109,423 -10%
Sumitomo Mitsui Trust Group
37
Sumitomo Mitsui Trust Group
Japan
$156M +$659K +4,135 +0.4%
New York State Common Retirement Fund
38
New York State Common Retirement Fund
New York
$155M -$112K -700 -0.1%
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$149M +$2.33M +14,585 +2%
ClearBridge Investments
40
ClearBridge Investments
New York
$144M -$1.13M -7,060 -0.8%
Dimensional Fund Advisors
41
Dimensional Fund Advisors
Texas
$139M -$1.76M -11,050 -1%
GT
42
Glenmede Trust
Pennsylvania
$135M -$5.24M -32,840 -4%
TCIM
43
TIAA CREF Investment Management
New York
$134M -$4.24M -26,562 -3%
Cerity Partners
44
Cerity Partners
New York
$127M +$2.08M +13,027 +2%
Barclays
45
Barclays
United Kingdom
$119M +$40.2M +251,798 +54%
Bank of Montreal
46
Bank of Montreal
Ontario, Canada
$114M +$6.56M +41,105 +6%
Mitsubishi UFJ Trust & Banking
47
Mitsubishi UFJ Trust & Banking
Japan
$105M +$4.46K +28 +0%
BBHC
48
Brown Brothers Harriman & Co
New York
$103M +$16.3K +102 +0%
RFS
49
Rockefeller Financial Services
New York
$103M -$654K -4,100 -0.7%
William Blair & Company
50
William Blair & Company
Illinois
$101M +$40.2K +252 +0%

ITW Hedge Fund Activity: Q4 2017 in Review

1,249 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q4 2017, worth a combined $44.4B — up 15% from $38.5B a quarter earlier.

Buyers outnumbered sellers: 188 funds opened new ITW positions and 41 closed out — a net gain of 147 holders — while 368 added to existing stakes and 456 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $113M. The largest seller was Northern Trust, cutting an estimated $2.95B.

  • 1,249 institutional investors held Illinois Tool Works (ITW) as of Q4 2017, up from 1,110 in Q3 2017.
  • Funds reported $44.4B of Illinois Tool Works stock for Q4 2017, up 15% quarter-over-quarter.
  • 188 funds opened new Illinois Tool Works positions in Q4 2017 and 41 closed out, a net change of +147 holders.
  • The largest Illinois Tool Works buyer in Q4 2017 was Morgan Stanley, an estimated $113M added.
  • The largest Illinois Tool Works seller in Q4 2017 was Northern Trust, an estimated $2.95B sold.

Based on aggregated 13F filings for Q4 2017.