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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
LC
751
Lubar & Co
Wisconsin
$247K -$359K -4,439 -60%
SCM
752
Sterling Capital Management
North Carolina
$247K
FNBT
753
FineMark National Bank & Trust
Florida
$247K +$140K +1,730 +133%
CM
754
Castleark Management
Illinois
$244K
FBC
755
Fairfield, Bush & Co
Connecticut
$244K
FMLI
756
Fukoku Mutual Life Insurance
Japan
$244K
NFC
757
Northeast Financial Consultants
Connecticut
$244K
RB
758
Rodgers Brothers
Pennsylvania
$244K
RT
759
Reliance Trust
Georgia
$242K -$566 -7 -0.2%
SCA
760
STALEY CAPITAL ADVISERS
Pennsylvania
$239K
BJL
761
Brighton Jones LLC
Washington
$238K -$3.07K -38 -1%
HWA
762
Heritage Wealth Advisors
Virginia
$238K
TNBTD
763
Trustmark National Bank Trust Department
Mississippi
$238K +$237K +2,928 New
MCM
764
Maple Capital Management
Vermont
$233K
ID
765
Integral Derivatives
New York
$232K +$231K +2,852 New
KIA
766
KCM Investment Advisors
California
$231K
1832 Asset Management
767
1832 Asset Management
Ontario, Canada
$231K +$230K +2,840 New
PP
768
Prudential plc
United Kingdom
$230K
CC
769
Courier Capital
New York
$227K
WI
770
Wedgewood Investors
Pennsylvania
$226K
PLFAM
771
Pineno Levin & Ford Asset Management
Virginia
$226K +$225K +2,775 New
BCM
772
Becker Capital Management
Oregon
$224K
NIM
773
NuWave Investment Management
New Jersey
$223K +$216K +2,665 +3,211%
RIA
774
Regal Investment Advisors
Michigan
$221K +$647 +8 +0.3%
MMG
775
Monetary Management Group
Missouri
$220K -$40.5K -500 -16%

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.