Illinois Tool Works
942 hedge funds and large institutions have $27.7B invested in Illinois Tool Works in 2014 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 272 increasing their positions, 386 reducing their positions, and 33 closing their positions.
218% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 33
53% more funds holding in top 10
Funds holding in top 10: 15 → 23 (+8)
10% more capital invested
Capital invested by funds: $25.3B → $27.7B (+$2.48B)
7% more funds holding
Funds holding: 881 → 942 (+61)
0.51% less ownership
Funds ownership: 75.52% → 75% (-0.51%)
30% less repeat investments, than reductions
Existing positions increased: 272 | Existing positions reduced: 386
38% less call options, than puts
Call options by funds: $74.8M | Put options by funds: $121M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$114M |
| 2 |
State Street
Boston,
Massachusetts
|
+$67.9M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$46.8M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$43.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$33.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$119M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$108M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$106M |
| 4 |
Two Sigma Investments
New York
|
-$81.1M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$63.5M |
ITW Hedge Fund Activity: Q4 2014 in Review
942 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q4 2014, worth a combined $27.7B — up 9.8% from $25.3B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new ITW positions and 33 closed out — a net gain of 72 holders — while 272 added to existing stakes and 386 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $114M. The largest seller was Adage Capital Partners, cutting an estimated $119M.
- 942 institutional investors held Illinois Tool Works (ITW) as of Q4 2014, up from 881 in Q3 2014.
- Funds reported $27.7B of Illinois Tool Works stock for Q4 2014, up 9.8% quarter-over-quarter.
- 105 funds opened new Illinois Tool Works positions in Q4 2014 and 33 closed out, a net change of +72 holders.
- The largest Illinois Tool Works buyer in Q4 2014 was JP Morgan Chase, an estimated $114M added.
- The largest Illinois Tool Works seller in Q4 2014 was Adage Capital Partners, an estimated $119M sold.
Based on aggregated 13F filings for Q4 2014.