Illinois Tool Works
873 hedge funds and large institutions have $26.7B invested in Illinois Tool Works in 2014 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 250 increasing their positions, 393 reducing their positions, and 52 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 20 → 25 (+5)
13% more call options, than puts
Call options by funds: $88.8M | Put options by funds: $78.3M
3% more capital invested
Capital invested by funds: $25.8B → $26.7B (+$891M)
0.77% less ownership
Funds ownership: 74.67% → 73.9% (-0.77%)
1% less funds holding
Funds holding: 886 → 873 (-13)
13% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 52
36% less repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 393
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$135M |
| 2 |
Aristotle Capital Management
Los Angeles,
California
|
+$124M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$72M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$54.5M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$47.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$279M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$176M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$136M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$102M |
| 5 |
Two Sigma Investments
New York
|
-$72.6M |
ITW Hedge Fund Activity: Q2 2014 in Review
873 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2014, worth a combined $26.7B — up 3.4% from $25.8B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of ITW and 45 opened new positions — a net loss of 7 holders — while 393 trimmed existing stakes and 250 added.
The largest buyer was Norges Bank, adding an estimated $135M. The largest seller was Adage Capital Partners, cutting an estimated $279M.
- 873 institutional investors held Illinois Tool Works (ITW) as of Q2 2014, down from 886 in Q1 2014.
- Funds reported $26.7B of Illinois Tool Works stock for Q2 2014, up 3.4% quarter-over-quarter.
- 45 funds opened new Illinois Tool Works positions in Q2 2014 and 52 closed out, a net change of -7 holders.
- The largest Illinois Tool Works buyer in Q2 2014 was Norges Bank, an estimated $135M added.
- The largest Illinois Tool Works seller in Q2 2014 was Adage Capital Partners, an estimated $279M sold.
Based on aggregated 13F filings for Q2 2014.