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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
KTC
876
Kistler-Tiffany Companies
Pennsylvania
$10K
TFO
877
Tarbox Family Office
California
$9K -$8.09K -100 -45%
HRIA
878
Haberer Registered Investment Advisor
Ohio
$8K +$8.09K +100 New
PFA
879
Paradigm Financial Advisors
Missouri
$5K +$4.85K +60 New
MPWT
880
MassMutual Private Wealth & Trust
Connecticut
$3.25K +$3.24K +40 New
HFM
881
Hartford Financial Management
Connecticut
$3K
IWC
882
Integrated Wealth Counsel
California
$3K
OSAM
883
O'Shaughnessy Asset Management
Connecticut
$3K +$2.99K +37 +1,850%
HCC
884
Hirtle Callaghan & Co
Pennsylvania
$1K -$405 -5 -28%
HF
885
Hoxton Financial
West Virginia
$1K +$1.29K +16 New
Walleye Trading
886
Walleye Trading
New York
$638 +$378K +4,673 +147%
HMS
887
Hanseatic Management Services
New Mexico
$166 +$1.13K +14 New
SCP
888
Syntal Capital Partners
Texas
$2 +$2.43K +30 New
RI
889
Relational Investors
California
-$399M -4,747,244 Closed
NSLI
890
Nan Shan Life Insurance
Taiwan
-$15.6M -186,000 Closed
PAS
891
Professional Advisory Services
Florida
-$8.29M -98,606 Closed
BCM
892
BBT Capital Management
Texas
-$3.72M -44,223 Closed
CI
893
Cowen Inc
New York
-$2.51M -29,900 Closed
SC
894
Sculptor Capital
New York
-$2.3M -28,454 Closed
HAM
895
Highstreet Asset Management
Ontario, Canada
-$2.28M -27,149 Closed
KCM
896
KSA Capital Management
New Jersey
-$1.88M -22,300 Closed
TCM
897
Tributary Capital Management
Nebraska
-$1.68M -20,000 Closed
ZCM
898
Zebra Capital Management
Connecticut
-$1.67M -19,872 Closed
BWM
899
Braver Wealth Management
Massachusetts
-$1.42M -16,855 Closed
EAM
900
EULAV Asset Management
Florida
-$1.14M -13,500 Closed

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.