Illinois Tool Works
1,338 hedge funds and large institutions have $45.9B invested in Illinois Tool Works in 2019 Q4 according to their latest regulatory filings, with 184 funds opening new positions, 414 increasing their positions, 489 reducing their positions, and 47 closing their positions.
291% more first-time investments, than exits
New positions opened: 184 | Existing positions closed: 47
88% more funds holding in top 10
Funds holding in top 10: 17 → 32 (+15)
15% more capital invested
Capital invested by funds: $39.8B → $45.9B (+$6.15B)
10% more funds holding
Funds holding: 1,217 → 1,338 (+121)
0.85% more ownership
Funds ownership: 78.73% → 79.59% (+0.85%)
15% less repeat investments, than reductions
Existing positions increased: 414 | Existing positions reduced: 489
54% less call options, than puts
Call options by funds: $140M | Put options by funds: $303M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$123M |
| 2 |
Cerity Partners
New York
|
+$103M |
| 3 |
Goldman Sachs
New York
|
+$73.1M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$66.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$52.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
-$227M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$121M |
| 3 |
JP Morgan Chase
New York
|
-$113M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$75M |
| 5 |
CP
Coho Partners
Berwyn,
Pennsylvania
|
-$57.8M |
ITW Hedge Fund Activity: Q4 2019 in Review
1,338 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q4 2019, worth a combined $45.9B — up 15% from $39.8B a quarter earlier.
Buyers outnumbered sellers: 184 funds opened new ITW positions and 47 closed out — a net gain of 137 holders — while 414 added to existing stakes and 489 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $123M. The largest seller was State Farm Mutual Automobile Insurance, cutting an estimated $227M.
- 1,338 institutional investors held Illinois Tool Works (ITW) as of Q4 2019, up from 1,217 in Q3 2019.
- Funds reported $45.9B of Illinois Tool Works stock for Q4 2019, up 15% quarter-over-quarter.
- 184 funds opened new Illinois Tool Works positions in Q4 2019 and 47 closed out, a net change of +137 holders.
- The largest Illinois Tool Works buyer in Q4 2019 was Lord, Abbett & Co, an estimated $123M added.
- The largest Illinois Tool Works seller in Q4 2019 was State Farm Mutual Automobile Insurance, an estimated $227M sold.
Based on aggregated 13F filings for Q4 2019.