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Illinois Tool Works

1,372 hedge funds and large institutions have $48.3B invested in Illinois Tool Works in 2020 Q3 according to their latest regulatory filings, with 119 funds opening new positions, 409 increasing their positions, 561 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 58

43% more call options, than puts

Call options by funds: $231M | Put options by funds: $161M

17% more funds holding in top 10

Funds holding in top 10: 2934 (+5)

10% more capital invested

Capital invested by funds: $44B → $48.3B (+$4.26B)

4% more funds holding

Funds holding: 1,3221,372 (+50)

0.64% less ownership

Funds ownership: 79.64%79% (-0.64%)

27% less repeat investments, than reductions

Existing positions increased: 409 | Existing positions reduced: 561

Holders
1,372
Holders Change
+50
Holders Change %
+3.78%
% of All Funds
27.68%
Holding in Top 10
34
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+17.24%
% of All Funds
0.69%
New
119
Increased
409
Reduced
561
Closed
58
Calls
$231M
Puts
$161M
Net Calls
+$69.6M
Net Calls Change
+$53.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Lord, Abbett & Co
51
Lord, Abbett & Co
New Jersey
$115M +$2.83M +14,900 +3%
California State Teachers Retirement System (CalSTRS)
52
California State Teachers Retirement System (CalSTRS)
California
$115M +$1.43M +7,516 +1%
AllianceBernstein
53
AllianceBernstein
Tennessee
$108M +$4.14M +21,785 +4%
ProShare Advisors
54
ProShare Advisors
Maryland
$104M -$2.15M -11,343 -2%
ClearBridge Investments
55
ClearBridge Investments
New York
$98.9M +$129K +680 +0.1%
1832 Asset Management
56
1832 Asset Management
Ontario, Canada
$96.7M -$33.4K -176 -0%
William Blair & Company
57
William Blair & Company
Illinois
$92.5M -$251K -1,323 -0.3%
Citadel Advisors
58
Citadel Advisors
Florida
$87.7M -$2.03M -10,685 -2%
FAM
59
Fenimore Asset Management
New York
$84.7M -$530K -2,790 -0.6%
State Board of Administration of Florida Retirement System
60
State Board of Administration of Florida Retirement System
Florida
$84.5M -$458K -2,412 -0.5%
RJA
61
Raymond James & Associates
Florida
$83.6M -$5.5M -28,944 -6%
National Pension Service
62
National Pension Service
South Korea
$78.5M
Bank of Montreal
63
Bank of Montreal
Ontario, Canada
$78.4M -$1.42M -7,490 -2%
Principal Financial Group
64
Principal Financial Group
Iowa
$77.4M -$4.78M -25,175 -6%
Victory Capital Management
65
Victory Capital Management
Texas
$77.2M +$1.36M +7,183 +2%
US Bancorp
66
US Bancorp
Minnesota
$74.3M -$1.68M -8,867 -2%
Arrowstreet Capital
67
Arrowstreet Capital
Massachusetts
$72.8M +$8.18M +43,053 +13%
New York State Teachers Retirement System (NYSTRS)
68
New York State Teachers Retirement System (NYSTRS)
New York
$71.3M -$2.7M -14,187 -4%
Ensign Peak Advisors
69
Ensign Peak Advisors
Utah
$69.4M -$28.3M -148,933 -29%
Fifth Third Bancorp
70
Fifth Third Bancorp
Ohio
$69.1M -$518K -2,728 -0.8%
HSBC Holdings
71
HSBC Holdings
United Kingdom
$66.1M +$1.35M +7,081 +2%
HNB
72
Huntington National Bank
Ohio
$65M +$1.19M +6,278 +2%
BNP Paribas Financial Markets
73
BNP Paribas Financial Markets
France
$64.4M +$25.2M +132,766 +66%
BTW
74
Boston Trust Walden
Massachusetts
$63.7M -$19.1M -100,331 -23%
GT
75
Glenmede Trust
Pennsylvania
$63.5M -$627K -3,299 -1%

ITW Hedge Fund Activity: Q3 2020 in Review

1,372 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2020, worth a combined $48.3B — up 9.7% from $44B a quarter earlier.

Buyers outnumbered sellers: 119 funds opened new ITW positions and 58 closed out — a net gain of 61 holders — while 409 added to existing stakes and 561 trimmed.

The largest buyer was First Trust Advisors, adding an estimated $120M. The largest seller was JP Morgan Chase, cutting an estimated $238M.

  • 1,372 institutional investors held Illinois Tool Works (ITW) as of Q3 2020, up from 1,322 in Q2 2020.
  • Funds reported $48.3B of Illinois Tool Works stock for Q3 2020, up 9.7% quarter-over-quarter.
  • 119 funds opened new Illinois Tool Works positions in Q3 2020 and 58 closed out, a net change of +61 holders.
  • The largest Illinois Tool Works buyer in Q3 2020 was First Trust Advisors, an estimated $120M added.
  • The largest Illinois Tool Works seller in Q3 2020 was JP Morgan Chase, an estimated $238M sold.

Based on aggregated 13F filings for Q3 2020.