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Illinois Tool Works
ITW

1,841 hedge funds and large institutions have $62.3B invested in Illinois Tool Works in 2025 Q3 according to their latest regulatory filings, with 126 funds opening new positions, 626 increasing their positions, 681 reducing their positions, and 101 closing their positions.

New
Increased
Maintained
Reduced
Closed

331% more call options, than puts

Call options by funds: $226M | Put options by funds: $52.6M

25% more first-time investments, than exits

New positions opened: 126 | Existing positions closed: 101

4% more capital invested

Capital invested by funds: $59.8B → $62.3B (+$2.48B)

0% less funds holding

Funds holding: 1,848 → 1,841 (-7)

0.62% less ownership

Funds ownership: 82.59% → 81.96% (-0.62%)

8% less repeat investments, than reductions

Existing positions increased: 626 | Existing positions reduced: 681

36% less funds holding in top 10

Funds holding in top 10: 11 → 7 (-4)

Holders
1,841
Holders Change
-7
Holders Change %
-0.38%
% of All Funds
24.16%
Holding in Top 10
7
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-36.36%
% of All Funds
0.09%
New
126
Increased
626
Reduced
681
Closed
101
Calls
$226M
Puts
$52.6M
Net Calls
+$174M
Net Calls Change
+$128M

Top Buyers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
+$139M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$106M
3
WorldQuant Millennium Advisors
WorldQuant Millennium Advisors
New York
+$86.3M
4
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
+$82.5M
5
Millennium Management
Millennium Management
New York
+$65.6M

Top Sellers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
-$205M
2
UBS AM
UBS AM
Illinois
-$150M
3
Axa
Axa
France
-$60.6M
4
Bessemer Group
Bessemer Group
New Jersey
-$55.6M
5
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
-$48.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
Mitsubishi UFJ Asset Management
51
Mitsubishi UFJ Asset Management
Japan
$147M +$6.74M +25,866 +5%
RhumbLine Advisers
52
RhumbLine Advisers
Massachusetts
$138M +$1.6M +6,142 +1%
California Public Employees Retirement System
53
California Public Employees Retirement System
California
$136M +$5.44M +20,882 +4%
California State Teachers Retirement System (CalSTRS)
54
California State Teachers Retirement System (CalSTRS)
California
$124M +$2.06M +7,903 +2%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
55
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$122M -$20.9M -80,135 -15%
Bank of Montreal
56
Bank of Montreal
Ontario, Canada
$116M +$2.13M +8,171 +2%
Qube Research & Technologies (QRT)
57
Qube Research & Technologies (QRT)
United Kingdom
$112M -$44.8M -171,818 -29%
Caisse de Depot et Placement du Quebec (CDPQ)
58
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$111M +$82.5M +316,512 +293%
William Blair & Company
59
William Blair & Company
Illinois
$107M -$2.44M -9,362 -2%
Marshall Wace
60
Marshall Wace
United Kingdom
$104M +$64.4M +246,994 +161%
FAM
61
Fenimore Asset Management
New York
$103M +$549K +2,106 +0.5%
Pictet Asset Management
62
Pictet Asset Management
Switzerland
$102M +$4.93M +18,913 +5%
Squarepoint
63
Squarepoint
New York
$100M +$6.78M +26,022 +7%
Empower Advisory Group
64
Empower Advisory Group
Colorado
$99.1M +$2.5M +9,576 +3%
BNP Paribas Financial Markets
65
BNP Paribas Financial Markets
France
$97.4M -$40.1M -153,838 -29%
Millennium Management
66
Millennium Management
New York
$94.3M +$65.6M +251,833 +229%
Voloridge Investment Management
67
Voloridge Investment Management
Florida
$91.2M -$45M -172,545 -33%
WorldQuant Millennium Advisors
68
WorldQuant Millennium Advisors
New York
$90.4M +$86.3M +331,007 +2,116%
New York State Common Retirement Fund
69
New York State Common Retirement Fund
New York
$89.2M -$6.41M -24,600 -7%
DekaBank Deutsche Girozentrale
70
DekaBank Deutsche Girozentrale
Germany
$87.8M – – –
Citigroup
71
Citigroup
New York
$86.6M -$3.3M -12,661 -4%
MG
72
Markel Group
Virginia
$85.4M – – –
JIC
73
Johnson Investment Counsel
Ohio
$83.5M -$23.5K -90 -0%
Principal Financial Group
74
Principal Financial Group
Iowa
$82.9M -$794K -3,047 -0.9%
AllianceBernstein
75
AllianceBernstein
Tennessee
$82.3M +$9.42M +36,162 +13%
1 2
3
4 5

ITW Hedge Fund Activity: Q3 2025 in Review

1,841 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2025, worth a combined $62.3B — up 4.1% from $59.8B a quarter earlier.

Buyers outnumbered sellers: 126 funds opened new ITW positions and 101 closed out — a net gain of 25 holders — while 626 added to existing stakes and 681 trimmed.

The largest buyer was UBS Group, adding an estimated $139M. The largest seller was BlackRock, cutting an estimated $205M.

  • 1,841 institutional investors held Illinois Tool Works (ITW) as of Q3 2025, down from 1,848 in Q2 2025.
  • Funds reported $62.3B of Illinois Tool Works stock for Q3 2025, up 4.1% quarter-over-quarter.
  • 126 funds opened new Illinois Tool Works positions in Q3 2025 and 101 closed out, a net change of +25 holders.
  • The largest Illinois Tool Works buyer in Q3 2025 was UBS Group, an estimated $139M added.
  • The largest Illinois Tool Works seller in Q3 2025 was BlackRock, an estimated $205M sold.

Based on aggregated 13F filings for Q3 2025.