Illinois Tool Works
1,019 hedge funds and large institutions have $32.1B invested in Illinois Tool Works in 2016 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 263 increasing their positions, 464 reducing their positions, and 44 closing their positions.
84% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 44
44% more funds holding in top 10
Funds holding in top 10: 25 → 36 (+11)
14% more capital invested
Capital invested by funds: $28.1B → $32.1B (+$3.93B)
3% more funds holding
Funds holding: 993 → 1,019 (+26)
0.64% more ownership
Funds ownership: 75.19% → 75.82% (+0.64%)
9% less call options, than puts
Call options by funds: $100M | Put options by funds: $110M
43% less repeat investments, than reductions
Existing positions increased: 263 | Existing positions reduced: 464
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$148M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$85.4M |
| 3 |
State Street
Boston,
Massachusetts
|
+$54.3M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$48.8M |
| 5 |
Morgan Stanley
New York
|
+$47.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$236M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$59.4M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$58.5M |
| 4 |
JP Morgan Chase
New York
|
-$56.3M |
| 5 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
-$48.6M |
ITW Hedge Fund Activity: Q3 2016 in Review
1,019 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2016, worth a combined $32.1B — up 14% from $28.1B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new ITW positions and 44 closed out — a net gain of 37 holders — while 263 added to existing stakes and 464 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $148M. The largest seller was Aristotle Capital Management, cutting an estimated $236M.
- 1,019 institutional investors held Illinois Tool Works (ITW) as of Q3 2016, up from 993 in Q2 2016.
- Funds reported $32.1B of Illinois Tool Works stock for Q3 2016, up 14% quarter-over-quarter.
- 81 funds opened new Illinois Tool Works positions in Q3 2016 and 44 closed out, a net change of +37 holders.
- The largest Illinois Tool Works buyer in Q3 2016 was Fidelity Investments, an estimated $148M added.
- The largest Illinois Tool Works seller in Q3 2016 was Aristotle Capital Management, an estimated $236M sold.
Based on aggregated 13F filings for Q3 2016.