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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
PCM
626
Perritt Capital Management
Illinois
$503K -$1.94K -24 -0.4%
BC
627
Barnett & Company
Tennessee
$501K -$81.3K -1,005 -14%
PHS
628
Pekin Hardy Strauss
Illinois
$500K
Bank of Nova Scotia
629
Bank of Nova Scotia
Ontario, Canada
$498K +$29.3K +362 +6%
BPCE
630
Bank Pictet & Cie (Europe)
Germany
$497K
HC
631
Highmount Capital
New York
$492K -$3.64K -45 -0.7%
KT
632
Kanaly Trust
Texas
$492K +$12K +148 +3%
AAM
633
Azzad Asset Management
Virginia
$490K -$67.1K -830 -12%
Envestnet Asset Management
634
Envestnet Asset Management
Illinois
$485K -$30.8K -381 -6%
AWA
635
AmeriServ Wealth Advisors
Pennsylvania
$483K -$243K -3,000 -34%
HCA
636
Harbour Capital Advisors
Virginia
$477K
WKWM
637
Walter & Keenan Wealth Management
Indiana
$477K +$475K +5,866 New
CFMC
638
Curbstone Financial Management Corp
New Hampshire
$473K +$470K +5,810 New
GI
639
GAMCO Investors
Connecticut
$472K
WTIM
640
Wilmington Trust Investment Management
Delaware
$468K -$72.8K -900 -14%
IIC
641
Ironwood Investment Counsel
Arizona
$468K -$19.3K -238 -4%
Fuller & Thaler Asset Management
642
Fuller & Thaler Asset Management
California
$464K -$40.5K -500 -8%
WB
643
WesBanco Bank
West Virginia
$464K -$24.3K -300 -5%
FAAS
644
First Allied Advisory Services
California
$463K +$81.3K +1,005 +22%
WS
645
Wedbush Securities
California
$463K +$205K +2,529 +80%
FMWA
646
Forvis Mazars Wealth Advisors
Missouri
$455K -$184K -2,270 -29%
WMSA
647
Weiss Multi-Strategy Advisers
New York
$455K -$74.4K -920 -14%
PAM
648
Palisade Asset Management
Minnesota
$454K
MCM
649
Murphy Capital Management
New Jersey
$448K +$194K +2,400 +77%
LNB
650
Ledyard National Bank
$441K +$10.1K +125 +2%

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.