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Illinois Tool Works

887 hedge funds and large institutions have $25.8B invested in Illinois Tool Works in 2014 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 250 increasing their positions, 390 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 38

33% more call options, than puts

Call options by funds: $84.5M | Put options by funds: $63.5M

3% more funds holding

Funds holding: 863887 (+24)

1.65% less ownership

Funds ownership: 76.32%74.67% (-1.6%)

9% less funds holding in top 10

Funds holding in top 10: 2220 (-2)

9% less capital invested

Capital invested by funds: $28.5B → $25.8B (-$2.67B)

36% less repeat investments, than reductions

Existing positions increased: 250 | Existing positions reduced: 390

Holders
887
Holders Change
+24
Holders Change %
+2.78%
% of All Funds
25.61%
Holding in Top 10
20
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.09%
% of All Funds
0.58%
New
75
Increased
250
Reduced
390
Closed
38
Calls
$84.5M
Puts
$63.5M
Net Calls
+$21M
Net Calls Change
+$92.3M
Name Holding Trade Value Shares
Change
Change in
Stake
MIH
726
Madison Investment Holdings
Wisconsin
$286K
MCM
727
Moore Capital Management
New York
$285K +$283K +3,500 New
CNAM
728
Campbell Newman Asset Management
Wisconsin
$284K
WT
729
Washington Trust
Rhode Island
$283K -$8.09K -100 -3%
RMAM
730
Raab & Moskowitz Asset Management
New Jersey
$280K -$7.93K -98 -3%
ARMT
731
Amica Retiree Medical Trust
Rhode Island
$280K
LIM
732
Loudon Investment Management
New Hampshire
$277K -$491K -6,073 -64%
RU
733
RobecoSam USA
New York
$277K
CAN
734
Cetera Advisor Networks
California
$277K +$56.3K +696 +25%
CWM
735
Concert Wealth Management
California
$276K
NDSI
736
Newman Dignan & Sheerar Inc
Rhode Island
$274K
GIA
737
Guyasuta Investment Advisors
Pennsylvania
$269K +$268K +3,312 New
QSS
738
Quantitative Systematic Strategies
Florida
$266K +$267K +3,297 New
CTC
739
Central Trust Company
Missouri
$262K -$44.9K -555 -15%
SCM
740
Sterneck Capital Management
Missouri
$261K
CC
741
Cipher Capital
New York
$260K +$258K +3,191 New
SCM
742
Shelton Capital Management
Colorado
$258K
GIS
743
Guardian Investor Services
New York
$256K -$12.5K -154 -5%
CCM
744
Copeland Capital Management
Pennsylvania
$256K
MCM
745
MAI Capital Management
Ohio
$253K -$15.5K -192 -6%
Parallax Volatility Advisers
746
Parallax Volatility Advisers
California
$252K +$162K +1,997 +181%
DekaBank Deutsche Girozentrale
747
DekaBank Deutsche Girozentrale
Germany
$250K +$28.2K +349 +13%
DWT
748
Dorsey & Whitney Trust
South Dakota
$249K -$36.9K -456 -13%
CL
749
Choreo LLC
Illinois
$249K +$246K +3,042 New
ST
750
Sabal Trust
Florida
$248K

ITW Hedge Fund Activity: Q1 2014 in Review

887 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2014, worth a combined $25.8B — down 9.4% from $28.5B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new ITW positions and 38 closed out — a net gain of 37 holders — while 250 added to existing stakes and 390 trimmed.

The largest buyer was Adage Capital Partners, adding an estimated $236M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $572M.

  • 887 institutional investors held Illinois Tool Works (ITW) as of Q1 2014, up from 863 in Q4 2013.
  • Funds reported $25.8B of Illinois Tool Works stock for Q1 2014, down 9.4% quarter-over-quarter.
  • 75 funds opened new Illinois Tool Works positions in Q1 2014 and 38 closed out, a net change of +37 holders.
  • The largest Illinois Tool Works buyer in Q1 2014 was Adage Capital Partners, an estimated $236M added.
  • The largest Illinois Tool Works seller in Q1 2014 was Barrow, Hanley, Mewhinney & Strauss, an estimated $572M sold.

Based on aggregated 13F filings for Q1 2014.