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Illinois Tool Works

977 hedge funds and large institutions have $27.8B invested in Illinois Tool Works in 2016 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 313 increasing their positions, 381 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 41

47% more funds holding in top 10

Funds holding in top 10: 1928 (+9)

8% more capital invested

Capital invested by funds: $25.8B → $27.8B (+$2.01B)

4% more funds holding

Funds holding: 935977 (+42)

1.99% more ownership

Funds ownership: 76.4%78.39% (+2%)

18% less repeat investments, than reductions

Existing positions increased: 313 | Existing positions reduced: 381

40% less call options, than puts

Call options by funds: $52.1M | Put options by funds: $87M

Holders
977
Holders Change
+42
Holders Change %
+4.49%
% of All Funds
26.03%
Holding in Top 10
28
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+47.37%
% of All Funds
0.75%
New
92
Increased
313
Reduced
381
Closed
41
Calls
$52.1M
Puts
$87M
Net Calls
-$34.9M
Net Calls Change
-$16.6M
Name Holding Trade Value Shares
Change
Change in
Stake
FM
651
Foster & Motley
Ohio
$533K +$30.8K +333 +7%
MC
652
Maverick Capital
Texas
$533K +$222K +2,400 +86%
CG
653
Clinton Group
New York
$530K +$479K +5,178 New
MYAM
654
Meiji Yasuda Asset Management
Japan
$522K +$88.9K +960 +23%
CIBC World Market
655
CIBC World Market
Ontario, Canada
$513K -$97K -1,048 -17%
SCM
656
Sterling Capital Management
North Carolina
$513K +$116K +1,252 +33%
HK
657
Horizon Kinetics
New York
$512K -$131K -1,419 -22%
AP
658
Appleton Partners
Massachusetts
$512K
ACM
659
Argyle Capital Management
Pennsylvania
$512K
GCA
660
Gideon Capital Advisors
New York
$509K +$460K +4,968 New
NIMI
661
Natixis Investment Managers International
France
$508K -$72.7K -785 -14%
FAAS
662
First Allied Advisory Services
California
$505K -$27.6K -298 -6%
NME
663
Notis-McConarty Edward
$501K
SG Americas Securities
664
SG Americas Securities
New York
$496K -$152K -1,643 -25%
MGIA
665
Moneta Group Investment Advisors
Missouri
$492K
EFS
666
Essex Financial Services
Connecticut
$490K
VIM
667
Veritas Investment Management
United Kingdom
$487K +$235K +2,542 +115%
CCA
668
Cobblestone Capital Advisors
New York
$482K -$18.1K -195 -4%
FNBT
669
FineMark National Bank & Trust
Florida
$480K +$43.2K +467 +11%
FFA
670
First Foundation Advisors
California
$476K
PTC
671
Philadelphia Trust Company
Pennsylvania
$475K -$20.8K -225 -5%
BCM
672
Brown Capital Management
Maryland
$474K +$18.5K +200 +5%
ACI
673
Alpha Cubed Investments
California
$473K -$209K -2,257 -33%
BCM
674
Birmingham Capital Management
Alabama
$473K
BRWM
675
B. Riley Wealth Management
Tennessee
$471K -$14.7K -159 -3%

ITW Hedge Fund Activity: Q1 2016 in Review

977 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2016, worth a combined $27.8B — up 7.8% from $25.8B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new ITW positions and 41 closed out — a net gain of 51 holders — while 313 added to existing stakes and 381 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $750M. The largest seller was UBS Group, cutting an estimated $260M.

  • 977 institutional investors held Illinois Tool Works (ITW) as of Q1 2016, up from 935 in Q4 2015.
  • Funds reported $27.8B of Illinois Tool Works stock for Q1 2016, up 7.8% quarter-over-quarter.
  • 92 funds opened new Illinois Tool Works positions in Q1 2016 and 41 closed out, a net change of +51 holders.
  • The largest Illinois Tool Works buyer in Q1 2016 was Royal London Asset Management, an estimated $750M added.
  • The largest Illinois Tool Works seller in Q1 2016 was UBS Group, an estimated $260M sold.

Based on aggregated 13F filings for Q1 2016.