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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
GIM
701
Greystone Investment Management
Ohio
$410K
MWM
702
Modera Wealth Management
New Jersey
$400K +$361K +3,903 New
TTWM
703
TCV Trust & Wealth Management
Virginia
$395K
JAFL
704
Jay A. Fishman Ltd
Michigan
$389K
LCM
705
Logan Capital Management
Pennsylvania
$389K
SEC
706
Seven Eight Capital
New York
$389K +$333K +3,600 +1,800%
HA
707
Harfst & Associates
Wyoming
$388K -$22.1K -239 -6%
HIC
708
Holderness Investments Company
North Carolina
$388K
TNBTD
709
Trustmark National Bank Trust Department
Mississippi
$386K +$55.5K +600 +19%
SRCM
710
Swift Run Capital Management
Virginia
$384K
CCA
711
Checchi Capital Advisers
California
$382K -$24.3K -263 -7%
Squarepoint
712
Squarepoint
New York
$381K -$1.27M -13,669 -79%
CB
713
Chemical Bank
Michigan
$379K
LWAC
714
Laurel Wealth Advisors (California)
California
$375K -$20K -216 -6%
NPC
715
National Planning Corporation
California
$373K -$128K -1,385 -28%
BDF
716
Balasa Dinverno & Foltz
$372K -$185K -2,000 -36%
SCM
717
Shelton Capital Management
Colorado
$371K -$120K -1,300 -26%
BC
718
Barnett & Company
Tennessee
$371K
MCM
719
Maple Capital Management
Vermont
$370K -$16.2K -175 -5%
CM
720
Cornerstone Management
Georgia
$367K
VNA
721
VNBTrust National Association
Virginia
$365K -$1.39K -15 -0.4%
IA
722
IFP Advisors
Florida
$363K -$182K -1,964 -44%
RP
723
Rowlandmiller & Partners
Georgia
$362K +$1.67K +18 +0.5%
Fayez Sarofim & Co
724
Fayez Sarofim & Co
Texas
$361K
DIA
725
Dana Investment Advisors
Wisconsin
$360K +$295K +3,187 +981%

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.