Illinois Tool Works
977 hedge funds and large institutions have $27.8B invested in Illinois Tool Works in 2016 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 313 increasing their positions, 381 reducing their positions, and 41 closing their positions.
124% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 41
47% more funds holding in top 10
Funds holding in top 10: 19 → 28 (+9)
8% more capital invested
Capital invested by funds: $25.8B → $27.8B (+$2.01B)
4% more funds holding
Funds holding: 935 → 977 (+42)
1.99% more ownership
Funds ownership: 76.4% → 78.39% (+2%)
18% less repeat investments, than reductions
Existing positions increased: 313 | Existing positions reduced: 381
40% less call options, than puts
Call options by funds: $52.1M | Put options by funds: $87M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$750M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$126M |
| 3 |
Goldman Sachs
New York
|
+$81.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$73.5M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$62.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$260M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$161M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$92.4M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$81.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$73.7M |
ITW Hedge Fund Activity: Q1 2016 in Review
977 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2016, worth a combined $27.8B — up 7.8% from $25.8B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new ITW positions and 41 closed out — a net gain of 51 holders — while 313 added to existing stakes and 381 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $750M. The largest seller was UBS Group, cutting an estimated $260M.
- 977 institutional investors held Illinois Tool Works (ITW) as of Q1 2016, up from 935 in Q4 2015.
- Funds reported $27.8B of Illinois Tool Works stock for Q1 2016, up 7.8% quarter-over-quarter.
- 92 funds opened new Illinois Tool Works positions in Q1 2016 and 41 closed out, a net change of +51 holders.
- The largest Illinois Tool Works buyer in Q1 2016 was Royal London Asset Management, an estimated $750M added.
- The largest Illinois Tool Works seller in Q1 2016 was UBS Group, an estimated $260M sold.
Based on aggregated 13F filings for Q1 2016.