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Illinois Tool Works

1,464 hedge funds and large institutions have $50.6B invested in Illinois Tool Works in 2020 Q4 according to their latest regulatory filings, with 173 funds opening new positions, 488 increasing their positions, 525 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

179% more first-time investments, than exits

New positions opened: 173 | Existing positions closed: 62

44% more call options, than puts

Call options by funds: $228M | Put options by funds: $158M

7% more funds holding

Funds holding: 1,3711,464 (+93)

5% more capital invested

Capital invested by funds: $48.3B → $50.6B (+$2.33B)

0.65% less ownership

Funds ownership: 79%78.35% (-0.65%)

7% less repeat investments, than reductions

Existing positions increased: 488 | Existing positions reduced: 525

29% less funds holding in top 10

Funds holding in top 10: 3424 (-10)

Holders
1,464
Holders Change
+93
Holders Change %
+6.78%
% of All Funds
25.91%
Holding in Top 10
24
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-29.41%
% of All Funds
0.42%
New
173
Increased
488
Reduced
525
Closed
62
Calls
$228M
Puts
$158M
Net Calls
+$70.2M
Net Calls Change
+$628K
Name Holding Trade Value Shares
Change
Change in
Stake
Stifel Financial
26
Stifel Financial
Missouri
$273M +$8.47M +41,437 +3%
Cerity Partners
27
Cerity Partners
New York
$263M -$21.9M -107,386 -8%
Wellington Management Group
28
Wellington Management Group
Massachusetts
$258M -$7.68M -37,561 -3%
Franklin Resources
29
Franklin Resources
California
$257M +$12.6M +61,776 +5%
EVM
30
Eaton Vance Management
Massachusetts
$248M +$2.25M +10,991 +0.9%
Swiss National Bank
31
Swiss National Bank
Switzerland
$243M -$7.34M -35,900 -3%
Dimensional Fund Advisors
32
Dimensional Fund Advisors
Texas
$243M +$4.22M +20,664 +2%
Sumitomo Mitsui Trust Group
33
Sumitomo Mitsui Trust Group
Japan
$215M -$31.8M -155,697 -13%
BG
34
Bahl & Gaynor
Ohio
$215M -$5.23M -25,584 -2%
Schroder Investment Management Group
35
Schroder Investment Management Group
United Kingdom
$213M +$24.6M +120,239 +13%
Morgan Stanley
36
Morgan Stanley
New York
$210M -$104M -509,564 -33%
First Trust Advisors
37
First Trust Advisors
Illinois
$194M -$45.4K -222 -0%
UBS Group
38
UBS Group
Switzerland
$183M +$5.23M +25,613 +3%
PNC Financial Services Group
39
PNC Financial Services Group
Pennsylvania
$180M -$604K -2,957 -0.3%
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$177M +$16M +78,299 +10%
AQR Capital Management
41
AQR Capital Management
Connecticut
$170M +$6.46M +31,599 +4%
Invesco
42
Invesco
Georgia
$164M -$4.66M -22,828 -3%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$152M +$4.69M +22,971 +3%
Millennium Management
44
Millennium Management
New York
$152M +$145M +708,087 +1,890%
CS
45
Credit Suisse
Switzerland
$148M +$5.38M +26,342 +4%
Bank of Montreal
46
Bank of Montreal
Ontario, Canada
$146M +$62M +303,210 +76%
New York State Common Retirement Fund
47
New York State Common Retirement Fund
New York
$139M -$5.58M -27,285 -4%
Deutsche Bank
48
Deutsche Bank
Germany
$129M +$5.27M +25,793 +4%
Los Angeles Capital Management
49
Los Angeles Capital Management
California
$123M -$690K -3,377 -0.6%
Bessemer Group
50
Bessemer Group
New Jersey
$123M -$23.9K -117 -0%

ITW Hedge Fund Activity: Q4 2020 in Review

1,464 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q4 2020, worth a combined $50.6B — up 4.8% from $48.3B a quarter earlier.

Buyers outnumbered sellers: 173 funds opened new ITW positions and 62 closed out — a net gain of 111 holders — while 488 added to existing stakes and 525 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $147M. The largest seller was Capital World Investors, cutting an estimated $264M.

  • 1,464 institutional investors held Illinois Tool Works (ITW) as of Q4 2020, up from 1,371 in Q3 2020.
  • Funds reported $50.6B of Illinois Tool Works stock for Q4 2020, up 4.8% quarter-over-quarter.
  • 173 funds opened new Illinois Tool Works positions in Q4 2020 and 62 closed out, a net change of +111 holders.
  • The largest Illinois Tool Works buyer in Q4 2020 was Fidelity Investments, an estimated $147M added.
  • The largest Illinois Tool Works seller in Q4 2020 was Capital World Investors, an estimated $264M sold.

Based on aggregated 13F filings for Q4 2020.