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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
SFSG
601
Stearns Financial Services Group
North Carolina
$574K -$14.9K -184 -3%
OWD
602
Osborn Williams & Donohoe
Ohio
$574K -$8.09K -100 -1%
SHA
603
Smith Hayes Advisers
Nebraska
$572K +$162 +2 +0%
ARTA
604
A.R.T. Advisors
New York
$571K +$568K +7,025 New
TAM
605
Telluride Asset Management
Minnesota
$566K +$563K +6,964 New
SAM
606
Smithbridge Asset Management
Pennsylvania
$562K -$44.5K -550 -7%
WFM
607
Wilmington Funds Management
Delaware
$561K
RG
608
Rathbones Group
United Kingdom
$560K +$557K +6,886 New
GIM
609
Greylin Investment Management
Virginia
$559K -$24.3K -300 -4%
FNBTCON
610
First National Bank & Trust Co of Newtown
Pennsylvania
$555K
WPC
611
White Pine Capital
Minnesota
$551K -$2.02K -25 -0.4%
RCM
612
RNC Capital Management
California
$549K -$19.8K -245 -3%
CNB
613
City National Bank
California
$544K -$106K -1,308 -16%
MCM
614
Manchester Capital Management
Vermont
$542K -$44.5K -550 -8%
BWAM
615
Boyd Watterson Asset Management
Ohio
$536K +$2.83K +35 +0.5%
ICAS
616
Investors Capital Advisory Services
Massachusetts
$535K
BIC
617
Beach Investment Counsel
Pennsylvania
$533K -$56.6K -700 -10%
BBNB
618
Baker Boyer National Bank
Washington
$531K +$528K +6,525 New
WA
619
WFG Advisors
Texas
$528K +$12.4K +153 +2%
CCA
620
Cobblestone Capital Advisors
New York
$523K -$76K -940 -13%
QBFM
621
QS Batterymarch Financial Management
New York
$523K -$56.5K -698 -10%
WSCM
622
Wellington Shields Capital Management
New York
$523K +$32.4K +400 +7%
BAM
623
Barrett Asset Management
New York
$521K
ONB
624
Old National Bancorp
Indiana
$520K +$9.95K +123 +2%
HIM
625
Hermes Investment Management
United Kingdom
$504K +$138K +1,700 +38%

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.