Illinois Tool Works
ITW
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.
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: 1,249 → 1,198 (-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: 39 → 19 (-20)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$273M |
| 2 |
Renaissance Technologies
New York
|
+$117M |
| 3 |
HMP
HS Management Partners
New York
|
+$81.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$67.2M |
| 5 |
Two Sigma Investments
New York
|
+$54.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$330M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$239M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$173M |
| 4 |
Goldman Sachs
New York
|
-$146M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$123M |
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.