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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
WCA
901
Waratah Capital Advisors
Ontario, Canada
-$866K -10,300 Closed
QIM
902
Quantitative Investment Management
Virginia
-$840K -10,000 Closed
Jennison Associates
903
Jennison Associates
New York
-$692K -8,234 Closed
HH
904
Hilltop Holdings
Texas
-$544K -6,462 Closed
MHS
905
M Holdings Securities
Oregon
-$527K -6,272 Closed
WIS
906
Wright Investors Service
Connecticut
-$515K -6,130 Closed
CCM
907
Cullen Capital Management
New York
-$437K -5,200 Closed
TSBJ
908
Trevor, Stewart, Burton & Jacobsen
New York
-$378K -4,500 Closed
1SB
909
1ST Source Bank
Indiana
-$373K -4,439 Closed
RCM
910
Reynolds Capital Management
Nevada
-$345K -4,100 Closed
FAT
911
First American Trust
California
-$313K -3,725 Closed
IIM
912
Ipswich Investment Management
Massachusetts
-$248K -2,950 Closed
ACI
913
Advance Capital I
Michigan
-$237K -2,820 Closed
EA
914
Emerald Advisers
Pennsylvania
-$225K -2,673 Closed
GVT
915
Genesee Valley Trust
New York
-$222K -2,635 Closed
FC
916
FIC Capital
New York
-$207K -2,457 Closed
WSC
917
Wellington Shields & Co
New York
-$202K -2,400 Closed
Lazard Asset Management
918
Lazard Asset Management
New York
-$65K -780 Closed
Carson Wealth (CWM LLC)
919
Carson Wealth (CWM LLC)
Nebraska
-$61K -721 Closed
WCM
920
Westend Capital Management
California
-$29K -350 Closed
AP
921
Advisors Preferred
Maryland
-$27K -329 Closed
CCM
922
Chilton Capital Management
Texas
-$12.3K -146 Closed
WCM
923
Windsor Capital Management
Arizona
-$10K -116 Closed
EWM
924
Elite Wealth Management
Washington
-$8K -100 Closed
ASN
925
Advisory Services Network
Georgia
-$4K -53 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.