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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
BP
526
Ballentine Partners
Massachusetts
$912K -$6.88K -85 -0.8%
ZAM
527
Zevin Asset Management
Massachusetts
$912K
BFO
528
Boston Family Office
Massachusetts
$906K
HA
529
Hamel Associates
New Jersey
$902K
PG
530
PEAK6 Group
Illinois
$888K +$135K +1,664 +18%
SEC
531
Seven Eight Capital
New York
$854K +$429K +5,300 +102%
B
532
Barings
North Carolina
$847K +$105K +1,300 +14%
RMDI
533
R.M. Davis Inc
Maine
$834K -$8.33K -103 -1%
DAC
534
Dividend Assets Capital
South Carolina
$831K -$465K -5,749 -36%
BHIA
535
Birch Hill Investment Advisors
Massachusetts
$826K -$12.1K -150 -1%
Federated Hermes
536
Federated Hermes
Pennsylvania
$818K -$304K -3,753 -27%
MPIA
537
Mountain Pacific Investment Advisers
Idaho
$817K +$813K +10,050 New
LA
538
Lynch & Associates
Indiana
$815K +$22.2K +275 +3%
SACTSONJ
539
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$803K
ST
540
Somerset Trust
Pennsylvania
$797K +$37.1K +459 +5%
WIL
541
Winifred I. Li
$794K -$386K -4,770 -33%
AI
542
Atria Investments
North Carolina
$794K +$63.9K +790 +9%
HK
543
Horizon Kinetics
New York
$793K +$268K +3,311 +51%
Cambridge Investment Research Advisors
544
Cambridge Investment Research Advisors
Iowa
$791K +$91.4K +1,130 +13%
TAM
545
Trillium Asset Management
Massachusetts
$790K +$23.9K +296 +3%
BFS
546
Bradley Foster & Sargent
Connecticut
$787K -$12.1K -150 -2%
WCBA
547
Weaver C. Barksdale & Associates
Tennessee
$784K
RC
548
RegentAtlantic Capital
New Jersey
$773K -$90.4K -1,118 -11%
Connor, Clark & Lunn Investment Management (CC&L)
549
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$771K -$194K -2,400 -22%
PAM
550
PartnerRe Asset Management
Connecticut
$768K -$31K -383 -4%

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.