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Illinois Tool Works

1,198 hedge funds and large institutions have $36B invested in Illinois Tool Works in 2018 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 404 increasing their positions, 447 reducing their positions, and 107 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% less repeat investments, than reductions

Existing positions increased: 404 | Existing positions reduced: 447

1.67% less ownership

Funds ownership: 78.5%76.83% (-1.7%)

4% less funds holding

Funds holding: 1,2491,198 (-51)

12% less call options, than puts

Call options by funds: $116M | Put options by funds: $132M

14% less capital invested

Capital invested by funds: $41.7B → $36B (-$5.67B)

36% less first-time investments, than exits

New positions opened: 69 | Existing positions closed: 107

51% less funds holding in top 10

Funds holding in top 10: 3919 (-20)

Holders
1,198
Holders Change
-51
Holders Change %
-4.08%
% of All Funds
27.43%
Holding in Top 10
19
Holding in Top 10 Change
-20
Holding in Top 10 Change %
-51.28%
% of All Funds
0.43%
New
69
Increased
404
Reduced
447
Closed
107
Calls
$116M
Puts
$132M
Net Calls
-$15.8M
Net Calls Change
+$19M
Name Holding Trade Value Shares
Change
Change in
Stake
GWM
726
Geneos Wealth Management
Colorado
$580K +$261K +1,760 +72%
NVIM
727
New Vernon Investment Management
Illinois
$578K
GSBTD
728
Glenview State Bank Trust Department
Illinois
$574K -$126K -852 -17%
BCM
729
Birmingham Capital Management
Alabama
$574K
HCMT
730
Highland Capital Management (Tennessee)
Tennessee
$572K -$129K -869 -17%
CWS
731
Cypress Wealth Services
California
$572K
MIFH
732
Migdal Insurance & Financial Holdings
Israel
$570K +$254K +1,718 +72%
N
733
Natixis
France
$566K -$4.35M -29,358 -88%
NFA
734
Nuveen Fund Advisors
Illinois
$564K -$213K -1,440 -26%
LNC
735
Lincoln National Corp
Pennsylvania
$563K -$21.3K -144 -3%
EDRH
736
Edmond de Rothschild Holding
Switzerland
$561K -$121K -816 -17%
QC
737
Quadrature Capital
United Kingdom
$557K +$595K +4,022 New
KFS
738
Kurt F. Somerville
$556K -$3.7K -25 -0.6%
NCM
739
Novare Capital Management
North Carolina
$555K
FSA
740
Franklin Street Advisors
North Carolina
$554K
KWM
741
Kingsview Wealth Management
Oregon
$554K +$27.4K +185 +5%
PTC
742
Philadelphia Trust Company
Pennsylvania
$548K -$5.18K -35 -0.9%
PI
743
Putnam Investments
Massachusetts
$547K -$79.9K -540 -12%
Koshinski Asset Management
744
Koshinski Asset Management
Illinois
$540K -$15.1K -102 -3%
WS
745
Wedbush Securities
California
$538K -$24.6K -166 -4%
TTWM
746
TCV Trust & Wealth Management
Virginia
$538K
DJSG
747
D.J. St. Germain
Massachusetts
$536K +$65.1K +440 +13%
BSPF
748
British Steel Pension Fund
United Kingdom
$534K -$717K -4,846 -56%
FPFS
749
First Personal Financial Services
North Carolina
$533K -$53.6K -362 -9%
BCM
750
Brown Capital Management
Maryland
$533K

ITW Hedge Fund Activity: Q2 2018 in Review

1,198 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2018, worth a combined $36B — down 14% from $41.7B a quarter earlier.

Sellers outnumbered buyers: 107 funds closed out of ITW and 69 opened new positions — a net loss of 38 holders — while 447 trimmed existing stakes and 404 added.

The largest buyer was Vanguard Group, adding an estimated $273M. The largest seller was Fidelity Investments, cutting an estimated $330M.

  • 1,198 institutional investors held Illinois Tool Works (ITW) as of Q2 2018, down from 1,249 in Q1 2018.
  • Funds reported $36B of Illinois Tool Works stock for Q2 2018, down 14% quarter-over-quarter.
  • 69 funds opened new Illinois Tool Works positions in Q2 2018 and 107 closed out, a net change of -38 holders.
  • The largest Illinois Tool Works buyer in Q2 2018 was Vanguard Group, an estimated $273M added.
  • The largest Illinois Tool Works seller in Q2 2018 was Fidelity Investments, an estimated $330M sold.

Based on aggregated 13F filings for Q2 2018.