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Illinois Tool Works

1,624 hedge funds and large institutions have $59.8B invested in Illinois Tool Works in 2023 Q1 according to their latest regulatory filings, with 131 funds opening new positions, 526 increasing their positions, 631 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more first-time investments, than exits

New positions opened: 131 | Existing positions closed: 66

58% more call options, than puts

Call options by funds: $110M | Put options by funds: $69.7M

42% more funds holding in top 10

Funds holding in top 10: 1927 (+8)

11% more capital invested

Capital invested by funds: $54B → $59.8B (+$5.79B)

2% more funds holding

Funds holding: 1,5901,624 (+34)

0.39% more ownership

Funds ownership: 80.29%80.68% (+0.39%)

17% less repeat investments, than reductions

Existing positions increased: 526 | Existing positions reduced: 631

Holders
1,624
Holders Change
+34
Holders Change %
+2.14%
% of All Funds
25.88%
Holding in Top 10
27
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+42.11%
% of All Funds
0.43%
New
131
Increased
526
Reduced
631
Closed
66
Calls
$110M
Puts
$69.7M
Net Calls
+$40.6M
Net Calls Change
+$102M
Name Holding Trade Value Shares
Change
Change in
Stake
Swiss National Bank
26
Swiss National Bank
Switzerland
$297M -$9.15M -39,200 -3%
Franklin Resources
27
Franklin Resources
California
$286M +$3.28M +14,064 +1%
T. Rowe Price Associates
28
T. Rowe Price Associates
Maryland
$282M -$42.4M -181,891 -14%
Cerity Partners
29
Cerity Partners
New York
$258M +$31.6M +135,575 +15%
Fidelity Investments
30
Fidelity Investments
Massachusetts
$232M +$7.32M +31,367 +3%
BG
31
Bahl & Gaynor
Ohio
$228M +$8.34M +35,742 +4%
Schroder Investment Management Group
32
Schroder Investment Management Group
United Kingdom
$226M +$24.8M +106,359 +13%
Sumitomo Mitsui Trust Group
33
Sumitomo Mitsui Trust Group
Japan
$217M -$2.89M -12,391 -1%
PNC Financial Services Group
34
PNC Financial Services Group
Pennsylvania
$211M -$331K -1,420 -0.2%
UBS Group
35
UBS Group
Switzerland
$195M -$14.5M -62,106 -7%
ProShare Advisors
36
ProShare Advisors
Maryland
$191M -$14.3M -61,094 -7%
1832 Asset Management
37
1832 Asset Management
Ontario, Canada
$176M +$262K +1,123 +0.2%
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$167M +$16M +68,469 +11%
CS
39
Credit Suisse
Switzerland
$166M +$5.17M +22,138 +3%
Deutsche Bank
40
Deutsche Bank
Germany
$160M +$1.53M +6,559 +1%
JP Morgan Chase
41
JP Morgan Chase
New York
$158M -$158M -676,123 -51%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$150M +$5.04M +21,588 +4%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$149M -$18.4M -79,043 -11%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$138M -$5.35M -22,933 -4%
GAM
45
Guinness Asset Management
United Kingdom
$129M +$12.2M +52,273 +11%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$129M -$1.83M -7,838 -1%
Flossbach Von Storch
47
Flossbach Von Storch
Germany
$121M -$9.71M -41,625 -8%
Arrowstreet Capital
48
Arrowstreet Capital
Massachusetts
$121M +$113M +485,003 +4,162%
RJA
49
Raymond James & Associates
Florida
$120M -$3.87M -16,593 -3%
Bessemer Group
50
Bessemer Group
New Jersey
$116M +$910K +3,899 +0.8%

ITW Hedge Fund Activity: Q1 2023 in Review

1,624 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2023, worth a combined $59.8B — up 11% from $54B a quarter earlier.

Buyers outnumbered sellers: 131 funds opened new ITW positions and 66 closed out — a net gain of 65 holders — while 526 added to existing stakes and 631 trimmed.

The largest buyer was BlackRock, adding an estimated $233M. The largest seller was JP Morgan Chase, cutting an estimated $158M.

  • 1,624 institutional investors held Illinois Tool Works (ITW) as of Q1 2023, up from 1,590 in Q4 2022.
  • Funds reported $59.8B of Illinois Tool Works stock for Q1 2023, up 11% quarter-over-quarter.
  • 131 funds opened new Illinois Tool Works positions in Q1 2023 and 66 closed out, a net change of +65 holders.
  • The largest Illinois Tool Works buyer in Q1 2023 was BlackRock, an estimated $233M added.
  • The largest Illinois Tool Works seller in Q1 2023 was JP Morgan Chase, an estimated $158M sold.

Based on aggregated 13F filings for Q1 2023.