Illinois Tool Works
ITW
1,109 hedge funds and large institutions have $38.5B invested in Illinois Tool Works in 2017 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 340 increasing their positions, 433 reducing their positions, and 47 closing their positions.
45% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 47
1% more funds holding
Funds holding: 1,094 → 1,109 (+15)
3% more capital invested
Capital invested by funds: $37.5B → $38.5B (+$1B)
0.21% less ownership
Funds ownership: 75.89% → 75.68% (-0.21%)
8% less funds holding in top 10
Funds holding in top 10: 37 → 34 (-3)
21% less repeat investments, than reductions
Existing positions increased: 340 | Existing positions reduced: 433
54% less call options, than puts
Call options by funds: $92.4M | Put options by funds: $200M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$106M |
| 2 |
Cerity Partners
New York
|
+$103M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$88.2M |
| 4 |
BlackRock
New York
|
+$67.3M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$54.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$159M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$110M |
| 3 |
JP Morgan Chase
New York
|
-$105M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$79.5M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$73.7M |
ITW Hedge Fund Activity: Q3 2017 in Review
1,109 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2017, worth a combined $38.5B — up 2.7% from $37.5B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new ITW positions and 47 closed out — a net gain of 21 holders — while 340 added to existing stakes and 433 trimmed.
The largest buyer was Vanguard Group, adding an estimated $106M. The largest seller was Fidelity Investments, cutting an estimated $159M.
- 1,109 institutional investors held Illinois Tool Works (ITW) as of Q3 2017, up from 1,094 in Q2 2017.
- Funds reported $38.5B of Illinois Tool Works stock for Q3 2017, up 2.7% quarter-over-quarter.
- 68 funds opened new Illinois Tool Works positions in Q3 2017 and 47 closed out, a net change of +21 holders.
- The largest Illinois Tool Works buyer in Q3 2017 was Vanguard Group, an estimated $106M added.
- The largest Illinois Tool Works seller in Q3 2017 was Fidelity Investments, an estimated $159M sold.
Based on aggregated 13F filings for Q3 2017.