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Illinois Tool Works

1,198 hedge funds and large institutions have $36B invested in Illinois Tool Works in 2018 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 404 increasing their positions, 447 reducing their positions, and 107 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% less repeat investments, than reductions

Existing positions increased: 404 | Existing positions reduced: 447

1.67% less ownership

Funds ownership: 78.5%76.83% (-1.7%)

4% less funds holding

Funds holding: 1,2491,198 (-51)

12% less call options, than puts

Call options by funds: $116M | Put options by funds: $132M

14% less capital invested

Capital invested by funds: $41.7B → $36B (-$5.67B)

36% less first-time investments, than exits

New positions opened: 69 | Existing positions closed: 107

51% less funds holding in top 10

Funds holding in top 10: 3919 (-20)

Holders
1,198
Holders Change
-51
Holders Change %
-4.08%
% of All Funds
27.43%
Holding in Top 10
19
Holding in Top 10 Change
-20
Holding in Top 10 Change %
-51.28%
% of All Funds
0.43%
New
69
Increased
404
Reduced
447
Closed
107
Calls
$116M
Puts
$132M
Net Calls
-$15.8M
Net Calls Change
+$19M
Name Holding Trade Value Shares
Change
Change in
Stake
BB
651
Busey Bank
Illinois
$808K +$4.14K +28 +0.5%
LWAC
652
Laurel Wealth Advisors (California)
California
$802K -$7.55K -51 -0.9%
CCP
653
Corient Capital Partners
California
$802K +$515K +3,477 +150%
MML Investors Services
654
MML Investors Services
Massachusetts
$799K -$46.9K -317 -5%
CAN
655
Cetera Advisor Networks
California
$798K -$55.2K -373 -6%
KRSITF
656
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$795K -$192K -1,295 -18%
SFSG
657
Stearns Financial Services Group
North Carolina
$788K -$35.1K -237 -4%
PAM
658
Palisade Asset Management
Minnesota
$773K
RWA
659
River Wealth Advisors
Pennsylvania
$770K -$13.2K -89 -2%
SAM
660
Silvercrest Asset Management
New York
$769K
IIC
661
Ironwood Investment Counsel
Arizona
$768K -$44K -297 -5%
GW
662
GW & Wade
Massachusetts
$767K +$148 +1 +0%
FRM
663
Fox Run Management
Connecticut
$764K +$48.7K +329 +6%
ODCM
664
Old Dominion Capital Management
Virginia
$763K +$10.7K +72 +1%
LS
665
Livforsakringsbolaget Skandia
Sweden
$760K +$118K +800 +17%
IWM
666
IHT Wealth Management
Illinois
$757K +$85.4K +577 +12%
CB
667
Chemical Bank
Michigan
$753K +$252K +1,705 +46%
W
668
Wealthfront
California
$752K -$634K -4,283 -44%
GJIC
669
Gamble Jones Investment Counsel
California
$752K -$35.4K -239 -4%
BDF
670
Balasa Dinverno & Foltz
$750K +$142K +960 +22%
PC
671
Port Capital
Illinois
$738K +$27.1K +183 +4%
SWM
672
Segment Wealth Management
Texas
$738K +$138K +935 +21%
BIA
673
Bigelow Investment Advisors
Maine
$737K -$25.9K -175 -3%
IBOK
674
Independence Bank of Kentucky
Kentucky
$730K +$639K +4,320 +455%
WPC
675
White Pine Capital
Minnesota
$725K -$14.8K -100 -2%

ITW Hedge Fund Activity: Q2 2018 in Review

1,198 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2018, worth a combined $36B — down 14% from $41.7B a quarter earlier.

Sellers outnumbered buyers: 107 funds closed out of ITW and 69 opened new positions — a net loss of 38 holders — while 447 trimmed existing stakes and 404 added.

The largest buyer was Vanguard Group, adding an estimated $273M. The largest seller was Fidelity Investments, cutting an estimated $330M.

  • 1,198 institutional investors held Illinois Tool Works (ITW) as of Q2 2018, down from 1,249 in Q1 2018.
  • Funds reported $36B of Illinois Tool Works stock for Q2 2018, down 14% quarter-over-quarter.
  • 69 funds opened new Illinois Tool Works positions in Q2 2018 and 107 closed out, a net change of -38 holders.
  • The largest Illinois Tool Works buyer in Q2 2018 was Vanguard Group, an estimated $273M added.
  • The largest Illinois Tool Works seller in Q2 2018 was Fidelity Investments, an estimated $330M sold.

Based on aggregated 13F filings for Q2 2018.