Illinois Tool Works
1,092 hedge funds and large institutions have $35.1B invested in Illinois Tool Works in 2017 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 288 increasing their positions, 479 reducing their positions, and 45 closing their positions.
87% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 45
23% more call options, than puts
Call options by funds: $111M | Put options by funds: $90.5M
9% more capital invested
Capital invested by funds: $32.4B → $35.1B (+$2.76B)
2% more funds holding
Funds holding: 1,066 → 1,092 (+26)
1.44% more ownership
Funds ownership: 75.29% → 76.73% (+1.4%)
3% less funds holding in top 10
Funds holding in top 10: 33 → 32 (-1)
40% less repeat investments, than reductions
Existing positions increased: 288 | Existing positions reduced: 479
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.36B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$281M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$135M |
| 4 |
Cerity Partners
New York
|
+$93.7M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$65.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$74.8M |
| 2 |
O
OppenheimerFunds
New York
|
-$74.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$56.7M |
| 4 |
Morgan Stanley
New York
|
-$53.5M |
| 5 |
TA
Teachers Advisors
New York
|
-$47.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
1126
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$45K | -369 | Closed |
|
|
JIC
1127
Joel Isaacson & Co
New York
| – | -$36K | -297 | Closed |
|
|
PCM
1128
Penserra Capital Management
Orinda,
California
| – | -$24K | -197 | Closed |
|
|
EF
1129
Empirical Finance
Havertown,
Pennsylvania
| – | -$23K | -185 | Closed |
|
1130
EARNEST Partners
Atlanta,
Georgia
| – | -$20K | -163 | Closed |
|
|
KLI
1131
Kelman-Lazarov Inc
Memphis,
Tennessee
| – | -$12.9K | -105 | Closed |
|
|
FAN
1132
Financial Advisors Network
Tustin,
California
| – | -$9.02K | -70 | Closed |
|
|
NSB
1133
Norway Savings Bank
Portland,
Maine
| – | -$6K | -50 | Closed |
|
|
CPIG
1134
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$5K | -37 | Closed |
|
|
CFD
1135
Creative Financial Designs
Kokomo,
Indiana
| – | -$3K | -25 | Closed |
|
|
IPC
1136
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$1K | -10 | Closed |
|
|
PRS
1137
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
| – | -$1K | -6 | Closed |
|
ITW Hedge Fund Activity: Q1 2017 in Review
1,092 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2017, worth a combined $35.1B — up 8.5% from $32.4B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new ITW positions and 45 closed out — a net gain of 39 holders — while 288 added to existing stakes and 479 trimmed.
The largest buyer was BlackRock, adding an estimated $2.36B. The largest seller was Invesco, cutting an estimated $74.8M.
- 1,092 institutional investors held Illinois Tool Works (ITW) as of Q1 2017, up from 1,066 in Q4 2016.
- Funds reported $35.1B of Illinois Tool Works stock for Q1 2017, up 8.5% quarter-over-quarter.
- 84 funds opened new Illinois Tool Works positions in Q1 2017 and 45 closed out, a net change of +39 holders.
- The largest Illinois Tool Works buyer in Q1 2017 was BlackRock, an estimated $2.36B added.
- The largest Illinois Tool Works seller in Q1 2017 was Invesco, an estimated $74.8M sold.
Based on aggregated 13F filings for Q1 2017.