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Illinois Tool Works

1,198 hedge funds and large institutions have $36B invested in Illinois Tool Works in 2018 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 404 increasing their positions, 447 reducing their positions, and 107 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% less repeat investments, than reductions

Existing positions increased: 404 | Existing positions reduced: 447

1.67% less ownership

Funds ownership: 78.5%76.83% (-1.7%)

4% less funds holding

Funds holding: 1,2491,198 (-51)

12% less call options, than puts

Call options by funds: $116M | Put options by funds: $132M

14% less capital invested

Capital invested by funds: $41.7B → $36B (-$5.67B)

36% less first-time investments, than exits

New positions opened: 69 | Existing positions closed: 107

51% less funds holding in top 10

Funds holding in top 10: 3919 (-20)

Holders
1,198
Holders Change
-51
Holders Change %
-4.08%
% of All Funds
27.43%
Holding in Top 10
19
Holding in Top 10 Change
-20
Holding in Top 10 Change %
-51.28%
% of All Funds
0.43%
New
69
Increased
404
Reduced
447
Closed
107
Calls
$116M
Puts
$132M
Net Calls
-$15.8M
Net Calls Change
+$19M
Name Holding Trade Value Shares
Change
Change in
Stake
PAM
526
Panagora Asset Management
Massachusetts
$1.57M
Fayez Sarofim & Co
527
Fayez Sarofim & Co
Texas
$1.55M
ASN
528
Advisory Services Network
Georgia
$1.53M +$68.8K +465 +4%
BSW
529
Buckingham Strategic Wealth
Missouri
$1.51M +$81K +547 +5%
MAM
530
Martingale Asset Management
Massachusetts
$1.5M -$874K -5,901 -35%
AAM
531
Azzad Asset Management
Virginia
$1.49M -$244K -1,646 -13%
AIA
532
AIMZ Investment Advisors
California
$1.48M -$11K -74 -0.7%
MIM
533
Miller Investment Management
Pennsylvania
$1.48M
GIM
534
Guardian Investment Management
California
$1.47M
Daiwa Securities Group
535
Daiwa Securities Group
Japan
$1.46M -$22.2K -150 -1%
SNBOSCI
536
Security National Bank of Sioux City Iowa
Iowa
$1.45M -$10.1K -68 -0.6%
Federated Hermes
537
Federated Hermes
Pennsylvania
$1.45M -$96.5K -652 -6%
DIA
538
Dana Investment Advisors
Wisconsin
$1.45M -$153K -1,035 -9%
SNBOSD
539
Security National Bank of So Dak
Iowa
$1.45M -$41.4K -280 -3%
FIB
540
First Interstate Bank
Montana
$1.44M
FA
541
FDx Advisors
Illinois
$1.44M +$402K +2,717 +35%
TG
542
TCW Group
California
$1.43M -$824K -5,568 -35%
BFS
543
Bradley Foster & Sargent
Connecticut
$1.43M +$163K +1,100 +12%
BST
544
Bath Savings Trust
Maine
$1.42M +$381K +2,572 +34%
AIP
545
Ameritas Investment Partners
Nebraska
$1.41M +$19.8K +134 +1%
MFBTD
546
MB Financial Bank - Trust Department
Illinois
$1.4M -$14.7K -99 -1%
AMI
547
Amica Mutual Insurance
Rhode Island
$1.4M
MC
548
Mathes Company
New York
$1.39M -$383K -2,588 -20%
OWD
549
Osborn Williams & Donohoe
Ohio
$1.39M +$219K +1,477 +17%
CI
550
Cigna Investments
Connecticut
$1.39M -$191K -1,290 -11%

ITW Hedge Fund Activity: Q2 2018 in Review

1,198 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2018, worth a combined $36B — down 14% from $41.7B a quarter earlier.

Sellers outnumbered buyers: 107 funds closed out of ITW and 69 opened new positions — a net loss of 38 holders — while 447 trimmed existing stakes and 404 added.

The largest buyer was Vanguard Group, adding an estimated $273M. The largest seller was Fidelity Investments, cutting an estimated $330M.

  • 1,198 institutional investors held Illinois Tool Works (ITW) as of Q2 2018, down from 1,249 in Q1 2018.
  • Funds reported $36B of Illinois Tool Works stock for Q2 2018, down 14% quarter-over-quarter.
  • 69 funds opened new Illinois Tool Works positions in Q2 2018 and 107 closed out, a net change of -38 holders.
  • The largest Illinois Tool Works buyer in Q2 2018 was Vanguard Group, an estimated $273M added.
  • The largest Illinois Tool Works seller in Q2 2018 was Fidelity Investments, an estimated $330M sold.

Based on aggregated 13F filings for Q2 2018.