Illinois Tool Works
ITW
1,590 hedge funds and large institutions have $54B invested in Illinois Tool Works in 2022 Q4 according to their latest regulatory filings, with 221 funds opening new positions, 498 increasing their positions, 560 reducing their positions, and 67 closing their positions.
230% more first-time investments, than exits
New positions opened: 221 | Existing positions closed: 67
36% more funds holding in top 10
Funds holding in top 10: 14 → 19 (+5)
20% more capital invested
Capital invested by funds: $45B → $54B (+$9.03B)
8% more funds holding
Funds holding: 1,466 → 1,590 (+124)
0.23% less ownership
Funds ownership: 80.52% → 80.29% (-0.23%)
11% less repeat investments, than reductions
Existing positions increased: 498 | Existing positions reduced: 560
36% less call options, than puts
Call options by funds: $108M | Put options by funds: $169M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$364M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$116M |
| 3 |
Millennium Management
New York
|
+$95.2M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$92M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Flossbach Von Storch
Cologne,
Germany
|
-$690M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$183M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$110M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$100M |
| 5 |
Two Sigma Investments
New York
|
-$50.5M |
ITW Hedge Fund Activity: Q4 2022 in Review
1,590 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q4 2022, worth a combined $54B — up 20% from $45B a quarter earlier.
Buyers outnumbered sellers: 221 funds opened new ITW positions and 67 closed out — a net gain of 154 holders — while 498 added to existing stakes and 560 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $364M. The largest seller was Flossbach Von Storch, cutting an estimated $690M.
- 1,590 institutional investors held Illinois Tool Works (ITW) as of Q4 2022, up from 1,466 in Q3 2022.
- Funds reported $54B of Illinois Tool Works stock for Q4 2022, up 20% quarter-over-quarter.
- 221 funds opened new Illinois Tool Works positions in Q4 2022 and 67 closed out, a net change of +154 holders.
- The largest Illinois Tool Works buyer in Q4 2022 was Morgan Stanley, an estimated $364M added.
- The largest Illinois Tool Works seller in Q4 2022 was Flossbach Von Storch, an estimated $690M sold.
Based on aggregated 13F filings for Q4 2022.