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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
HRC
801
Hoertkorn Richard Charles
$179K
BAM
802
Brave Asset Management
New Jersey
$173K
MWP
803
MYCIO Wealth Partners
Pennsylvania
$167K +$24.4K +301 +17%
TF
804
Tompkins Financial
New York
$152K -$84.3K -1,042 -36%
BKBG
805
BHF Kleinwort Benson Group
Belgium
$146K -$3.17M -39,225 -96%
NSIM
806
North Star Investment Management
Illinois
$140K +$140K +1,725 New
SAMC
807
Shinko Asset Management Company
Japan
$139K -$12.5K -154 -8%
SSG
808
Summit Securities Group
New York
$138K +$129K +1,600 +1,600%
OC
809
Oakworth Capital
Alabama
$135K
DAM
810
Delta Asset Management
Tennessee
$124K
MBT
811
Monroe Bank & Trust
Michigan
$120K
BOK
812
Bank of Kentucky
Kentucky
$118K
SF
813
Synovus Financial
Georgia
$117K +$1.38K +17 +1%
SSB
814
Sandy Spring Bank
Maryland
$116K
GGPS
815
Gary Goldberg Planning Services
New York
$114K +$566 +7 +0.5%
NES
816
New England Securities
New York
$107K +$24.3K +300 +29%
IMS
817
Index Management Solutions
Pennsylvania
$102K +$48.4K +598 +91%
GAAM
818
Guinness Atkinson Asset Management
California
$101K +$27.5K +340 +38%
PTC
819
Private Trust Company
Ohio
$100K
QAM
820
QCI Asset Management
New York
$99K
CCM
821
Carderock Capital Management
Maryland
$88K +$87.8K +1,085 New
HI
822
Hudock Inc
Pennsylvania
$83K
FMII
823
Farmers & Merchants Investments Inc
Nebraska
$81K -$66K -816 -45%
FFC
824
First Financial Corp
Indiana
$79K
WAS
825
Winch Advisory Services
Wisconsin
$79K +$78.2K +967 New

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.