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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
SGCA
801
Steel Grove Capital Advisors
Tennessee
$431K -$462K -3,122 -50%
CMANY
802
Capital Management Associates (New York)
New York
$423K
PA
803
Parallel Advisors
California
$421K +$89.3K +603 +25%
MA
804
Montag & Associates
Georgia
$421K +$149K +1,006 +50%
ACM
805
Alethea Capital Management
Washington
$416K
VV
806
Verity & Verity
South Carolina
$415K -$92.5K -625 -17%
SFS
807
Sowell Financial Services
Arkansas
$411K +$144K +971 +47%
WG
808
Winton Group
United Kingdom
$410K -$4.05M -27,365 -90%
LFS
809
Legacy Financial Strategies
Kansas
$410K +$10.7K +72 +2%
NFG
810
Nadler Financial Group
Illinois
$409K +$1.78K +12 +0.4%
CT
811
Chicago Trust
Illinois
$409K +$42.2K +285 +11%
CBT
812
Capital Bank & Trust
California
$405K +$144K +970 +50%
WA
813
WBH Advisory
Maryland
$404K
ACI
814
Alpha Cubed Investments
California
$395K -$153K -1,033 -27%
CFA
815
Carroll Financial Associates
North Carolina
$395K -$3.85K -26 -0.9%
ST
816
Sabal Trust
Florida
$395K
WIP
817
Wellesley Investment Partners
Massachusetts
$393K +$137K +928 +49%
SBIA
818
Sheaff Brock Investment Advisors
Indiana
$392K -$41K -277 -9%
PWM
819
Perigon Wealth Management
California
$392K +$371K +2,505 +805%
RB
820
Rodgers Brothers
Pennsylvania
$391K
NEAM
821
New England Asset Management
Connecticut
$390K +$365K +2,466 +705%
ACS
822
Archford Capital Strategies
Illinois
$389K +$301K +2,032 +262%
MMG
823
Monetary Management Group
Missouri
$388K -$33.3K -225 -7%
VDI
824
Vaughan David Investments
Illinois
$388K +$10.4K +70 +3%
FA
825
FMA Advisory
Pennsylvania
$387K +$740 +5 +0.2%

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.