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Illinois Tool Works

887 hedge funds and large institutions have $25.8B invested in Illinois Tool Works in 2014 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 250 increasing their positions, 390 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 38

33% more call options, than puts

Call options by funds: $84.5M | Put options by funds: $63.5M

3% more funds holding

Funds holding: 863887 (+24)

1.65% less ownership

Funds ownership: 76.32%74.67% (-1.6%)

9% less funds holding in top 10

Funds holding in top 10: 2220 (-2)

9% less capital invested

Capital invested by funds: $28.5B → $25.8B (-$2.67B)

36% less repeat investments, than reductions

Existing positions increased: 250 | Existing positions reduced: 390

Holders
887
Holders Change
+24
Holders Change %
+2.78%
% of All Funds
25.61%
Holding in Top 10
20
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.09%
% of All Funds
0.58%
New
75
Increased
250
Reduced
390
Closed
38
Calls
$84.5M
Puts
$63.5M
Net Calls
+$21M
Net Calls Change
+$92.3M
Name Holding Trade Value Shares
Change
Change in
Stake
JFGIW
476
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$1.26M -$37.9K -468 -3%
FCCM
477
First City Capital Management
Georgia
$1.25M
GIM
478
Guardian Investment Management
California
$1.25M
PCM
479
Parsons Capital Management
Rhode Island
$1.24M -$210K -2,600 -15%
HCM
480
Howland Capital Management
Massachusetts
$1.24M -$1.62K -20 -0.1%
CAM
481
Columbia Asset Management
Michigan
$1.23M
BOC
482
Barbara Oil Co
Illinois
$1.22M
BUB
483
BBVA USA Bancshares
Texas
$1.21M -$19.9K -246 -2%
BFEC
484
Benjamin F. Edwards & Company
Missouri
$1.2M +$68.1K +842 +6%
AMIM
485
Aull & Monroe Investment Management
Alabama
$1.19M -$16.2K -200 -1%
CIA
486
Covington Investment Advisors
Pennsylvania
$1.18M +$809 +10 +0.1%
DL
487
Delta Lloyd
Netherlands
$1.17M -$5.5K -68 -0.5%
MERSOM
488
Municipal Employees' Retirement System of Michigan
Michigan
$1.14M +$16.2K +200 +1%
BAM
489
Berkshire Asset Management
Pennsylvania
$1.13M -$50.4K -623 -4%
SFSIG
490
San Francisco Sentry Investment Group
California
$1.13M +$809 +10 +0.1%
CFB
491
Cullen/Frost Bankers
Texas
$1.12M +$12.2K +151 +1%
AT
492
Arden Trust
Delaware
$1.11M -$124K -1,533 -10%
OA
493
OFI Advisors
Pennsylvania
$1.1M -$15.7K -194 -1%
KRSITF
494
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$1.1M -$79.6K -984 -7%
SNBOSCI
495
Security National Bank of Sioux City Iowa
Iowa
$1.09M -$6.88K -85 -0.6%
GCM
496
Geneva Capital Management
Wisconsin
$1.08M -$24.4K -301 -2%
NAM
497
North American Management
Massachusetts
$1.07M +$310K +3,829 +41%
BWP
498
Baldwin Wealth Partners
Massachusetts
$1.07M +$36.3K +449 +4%
LBC
499
Lowe Brockenbrough & Co
Virginia
$1.06M +$8.09K +100 +0.8%
BVDMP
500
Bedrijfstakpensioenfonds Voor De Media PNO
Netherlands
$1.06M

ITW Hedge Fund Activity: Q1 2014 in Review

887 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2014, worth a combined $25.8B — down 9.4% from $28.5B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new ITW positions and 38 closed out — a net gain of 37 holders — while 250 added to existing stakes and 390 trimmed.

The largest buyer was Adage Capital Partners, adding an estimated $236M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $572M.

  • 887 institutional investors held Illinois Tool Works (ITW) as of Q1 2014, up from 863 in Q4 2013.
  • Funds reported $25.8B of Illinois Tool Works stock for Q1 2014, down 9.4% quarter-over-quarter.
  • 75 funds opened new Illinois Tool Works positions in Q1 2014 and 38 closed out, a net change of +37 holders.
  • The largest Illinois Tool Works buyer in Q1 2014 was Adage Capital Partners, an estimated $236M added.
  • The largest Illinois Tool Works seller in Q1 2014 was Barrow, Hanley, Mewhinney & Strauss, an estimated $572M sold.

Based on aggregated 13F filings for Q1 2014.