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Illinois Tool Works

811 hedge funds and large institutions have $26.9B invested in Illinois Tool Works in 2013 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 249 increasing their positions, 330 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 48

33% more funds holding in top 10

Funds holding in top 10: 2128 (+7)

12% more call options, than puts

Call options by funds: $156M | Put options by funds: $139M

9% more capital invested

Capital invested by funds: $24.7B → $26.9B (+$2.22B)

2% more funds holding

Funds holding: 798811 (+13)

0.61% less ownership

Funds ownership: 79.51%78.89% (-0.61%)

25% less repeat investments, than reductions

Existing positions increased: 249 | Existing positions reduced: 330

Holders
811
Holders Change
+13
Holders Change %
+1.63%
% of All Funds
26.3%
Holding in Top 10
28
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+33.33%
% of All Funds
0.91%
New
70
Increased
249
Reduced
330
Closed
48
Calls
$156M
Puts
$139M
Net Calls
+$17.1M
Net Calls Change
-$14.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
51
BlackRock
New York
$79.3M -$534K -7,305 -0.7%
Morgan Stanley
52
Morgan Stanley
New York
$79M -$4.16M -56,916 -5%
Charles Schwab
53
Charles Schwab
California
$76.9M +$3.08M +42,201 +4%
Two Sigma Investments
54
Two Sigma Investments
New York
$69.6M -$3.27M -44,734 -5%
EC
55
Eminence Capital
New York
$69M +$2.25M +30,817 +4%
BTW
56
Boston Trust Walden
Massachusetts
$68.9M -$425K -5,815 -0.6%
Prudential Financial
57
Prudential Financial
New Jersey
$67.8M +$22.2M +303,278 +52%
ICM
58
IronBridge Capital Management
Illinois
$66.2M -$445K -6,090 -0.7%
New York State Teachers Retirement System (NYSTRS)
59
New York State Teachers Retirement System (NYSTRS)
New York
$65.4M -$1.94M -26,559 -3%
CB
60
Cooke & Bieler
Pennsylvania
$65.3M -$29.3M -400,972 -32%
Mitsubishi UFJ Trust & Banking
61
Mitsubishi UFJ Trust & Banking
Japan
$65M +$1.64M +22,485 +3%
Mawer Investment Management
62
Mawer Investment Management
Alberta, Canada
$61.2M +$1.57M +21,542 +3%
TRSOTSOK
63
Teachers Retirement System of the State of Kentucky
Kentucky
$60.1M -$2.7M -37,000 -4%
CP
64
Coho Partners
Pennsylvania
$60.1M +$1.75M +23,878 +3%
CAM
65
Congress Asset Management
Massachusetts
$59.5M +$55.5M +759,279 +3,643%
RhumbLine Advisers
66
RhumbLine Advisers
Massachusetts
$58.1M +$406K +5,554 +0.7%
William Blair & Company
67
William Blair & Company
Illinois
$57.4M -$1.8M -24,683 -3%
RFS
68
Rockefeller Financial Services
New York
$56.8M +$53.5M +731,988 +5,505%
CS
69
Credit Suisse
Switzerland
$54.9M -$17.4M -237,638 -25%
US Bancorp
70
US Bancorp
Minnesota
$53.6M -$67.8K -928 -0.1%
BBHC
71
Brown Brothers Harriman & Co
New York
$53M -$3.81M -52,150 -7%
BIM
72
BlackRock Investment Management
Delaware
$52.3M +$1.12M +15,301 +2%
California State Teachers Retirement System (CalSTRS)
73
California State Teachers Retirement System (CalSTRS)
California
$51.8M +$1.53M +20,992 +3%
State Board of Administration of Florida Retirement System
74
State Board of Administration of Florida Retirement System
Florida
$50.8M -$3.6M -49,190 -7%
T
75
Thomaspartners
Massachusetts
$49.9M +$6.93M +94,859 +17%

ITW Hedge Fund Activity: Q3 2013 in Review

811 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2013, worth a combined $26.9B — up 9% from $24.7B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new ITW positions and 48 closed out — a net gain of 22 holders — while 249 added to existing stakes and 330 trimmed.

The largest buyer was Congress Asset Management, adding an estimated $55.5M. The largest seller was Wellington Management Group, cutting an estimated $179M.

  • 811 institutional investors held Illinois Tool Works (ITW) as of Q3 2013, up from 798 in Q2 2013.
  • Funds reported $26.9B of Illinois Tool Works stock for Q3 2013, up 9% quarter-over-quarter.
  • 70 funds opened new Illinois Tool Works positions in Q3 2013 and 48 closed out, a net change of +22 holders.
  • The largest Illinois Tool Works buyer in Q3 2013 was Congress Asset Management, an estimated $55.5M added.
  • The largest Illinois Tool Works seller in Q3 2013 was Wellington Management Group, an estimated $179M sold.

Based on aggregated 13F filings for Q3 2013.