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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
CPIM
551
Columbia Partners Investment Management
Virginia
$765K +$761K +9,410 New
HVIA
552
Hudson Valley Investment Advisors
New York
$758K +$64.7K +800 +9%
GIP
553
Granite Investment Partners
California
$753K
Thrivent Financial for Lutherans
554
Thrivent Financial for Lutherans
Minnesota
$748K -$32.4K -400 -4%
AW
555
Alpha Windward
Massachusetts
$748K +$438K +5,410 +143%
EOJOAM
556
E. Ohman J:or Asset Management
Sweden
$740K -$162K -2,000 -18%
CBB
557
Citizens Business Bank
California
$740K
DIA
558
Denver Investment Advisors
Colorado
$740K
RHJA
559
Rice Hall James & Associates
California
$732K
LNWWM
560
Laird Norton Wetherby Wealth Management
California
$730K +$20.1K +248 +3%
AB
561
Amalgamated Bank
New York
$723K -$56.8K -702 -7%
SAM
562
Silvercrest Asset Management
New York
$715K -$142K -1,750 -17%
PP
563
Patten & Patten
Tennessee
$714K
CHC
564
City Holding Co
West Virginia
$712K +$76.9K +950 +12%
TCM
565
Twin Capital Management
Pennsylvania
$710K +$706K +8,730 New
WRM
566
Westport Resources Management
Connecticut
$702K +$36.4K +450 +6%
CS
567
Credential Securities
$701K +$698K +8,624 New
DIA
568
Dean Investment Associates
Ohio
$700K -$55.8K -690 -7%
MC
569
Moors & Cabot
Massachusetts
$699K +$696K +8,597 New
OMCS
570
Old Mutual Customised Solutions
South Africa
$691K
OI
571
Oakbrook Investments
Illinois
$683K -$311K -3,850 -31%
AII
572
AGF Investments Inc
Ontario, Canada
$683K -$32.4K -400 -5%
FTC
573
Farmers Trust Company
Ohio
$667K
DDPIC
574
Deroy & Devereaux Private Investment Counsel
Michigan
$661K
FIM
575
Frontier Investment Management
Texas
$651K

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.