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Illinois Tool Works

811 hedge funds and large institutions have $26.9B invested in Illinois Tool Works in 2013 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 249 increasing their positions, 330 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 48

33% more funds holding in top 10

Funds holding in top 10: 2128 (+7)

12% more call options, than puts

Call options by funds: $156M | Put options by funds: $139M

9% more capital invested

Capital invested by funds: $24.7B → $26.9B (+$2.22B)

2% more funds holding

Funds holding: 798811 (+13)

0.61% less ownership

Funds ownership: 79.51%78.89% (-0.61%)

25% less repeat investments, than reductions

Existing positions increased: 249 | Existing positions reduced: 330

Holders
811
Holders Change
+13
Holders Change %
+1.63%
% of All Funds
26.3%
Holding in Top 10
28
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+33.33%
% of All Funds
0.91%
New
70
Increased
249
Reduced
330
Closed
48
Calls
$156M
Puts
$139M
Net Calls
+$17.1M
Net Calls Change
-$14.4M
Name Holding Trade Value Shares
Change
Change in
Stake
TAM
76
Todd Asset Management
Kentucky
$49.2M -$3.04M -41,566 -6%
ARC
77
Absolute Return Capital
Massachusetts
$46.4M -$10.4M -142,563 -19%
TAM
78
Tiverton Asset Management
Delaware
$45.8M
SBH
79
Segall Bryant & Hamill
Illinois
$44.6M -$259K -3,543 -0.6%
Lord, Abbett & Co
80
Lord, Abbett & Co
New Jersey
$43.3M -$833K -11,400 -2%
PI
81
PGGM Investments
Netherlands
$42.6M -$6.68M -91,356 -14%
MTB
82
Mizuho Trust & Banking
Japan
$41M
FAM
83
Fenimore Asset Management
New York
$40.4M -$565K -7,725 -1%
FAMT
84
Fenimore Asset Management Trust
New York
$40.4M +$38.8M +530,281 New
SC
85
Saturna Capital
Washington
$39.2M
BJ
86
BlackRock Japan
Japan
$38.1M -$367K -5,025 -1%
Principal Financial Group
87
Principal Financial Group
Iowa
$37.7M +$1.34M +18,393 +4%
Dimensional Fund Advisors
88
Dimensional Fund Advisors
Texas
$37.1M +$157K +2,146 +0.4%
JHIU
89
Janus Henderson Investors US
Colorado
$37M -$53.2M -727,695 -60%
SAC
90
Smith Affiliated Capital
New York
$35.5M
Swiss National Bank
91
Swiss National Bank
Switzerland
$35.3M +$512K +7,000 +2%
PPA
92
Parametric Portfolio Associates
Washington
$35.1M +$15.2K +208 +0%
RFC
93
Regions Financial Corp
Alabama
$33.2M -$9.22M -126,166 -22%
GT
94
Glenmede Trust
Pennsylvania
$32.7M +$108K +1,472 +0.3%
Fifth Third Bancorp
95
Fifth Third Bancorp
Ohio
$32.3M -$1.94M -26,558 -6%
GC
96
Guggenheim Capital
Illinois
$31.6M +$5.55M +75,929 +22%
TA
97
Teachers Advisors
New York
$31.3M +$311K +4,254 +1%
BCIM
98
British Columbia Investment Management
British Columbia, Canada
$29.4M -$2.19M -29,983 -7%
USAA
99
United Services Automobile Association
Texas
$29.1M +$1.63M +22,275 +6%
Teacher Retirement System of Texas
100
Teacher Retirement System of Texas
Texas
$28.7M -$2.64M -36,121 -9%

ITW Hedge Fund Activity: Q3 2013 in Review

811 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2013, worth a combined $26.9B — up 9% from $24.7B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new ITW positions and 48 closed out — a net gain of 22 holders — while 249 added to existing stakes and 330 trimmed.

The largest buyer was Congress Asset Management, adding an estimated $55.5M. The largest seller was Wellington Management Group, cutting an estimated $179M.

  • 811 institutional investors held Illinois Tool Works (ITW) as of Q3 2013, up from 798 in Q2 2013.
  • Funds reported $26.9B of Illinois Tool Works stock for Q3 2013, up 9% quarter-over-quarter.
  • 70 funds opened new Illinois Tool Works positions in Q3 2013 and 48 closed out, a net change of +22 holders.
  • The largest Illinois Tool Works buyer in Q3 2013 was Congress Asset Management, an estimated $55.5M added.
  • The largest Illinois Tool Works seller in Q3 2013 was Wellington Management Group, an estimated $179M sold.

Based on aggregated 13F filings for Q3 2013.