Illinois Tool Works
ITW
1,556 hedge funds and large institutions have $52.3B invested in Illinois Tool Works in 2022 Q1 according to their latest regulatory filings, with 110 funds opening new positions, 563 increasing their positions, 535 reducing their positions, and 126 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 563 | Existing positions reduced: 535
0.55% more ownership
Funds ownership: 80.21% → 80.75% (+0.55%)
2% less funds holding
Funds holding: 1,590 → 1,556 (-34)
12% less call options, than puts
Call options by funds: $79.5M | Put options by funds: $90.5M
13% less first-time investments, than exits
New positions opened: 110 | Existing positions closed: 126
16% less capital invested
Capital invested by funds: $61.9B → $52.3B (-$9.67B)
29% less funds holding in top 10
Funds holding in top 10: 21 → 15 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIAS
CFS Investment Advisory Services
Totowa,
New Jersey
|
+$459M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$266M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$100M |
| 4 |
Renaissance Technologies
New York
|
+$97.8M |
| 5 |
BlackRock
New York
|
+$89.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$202M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$175M |
| 3 |
Neuberger Berman Group
New York
|
-$138M |
| 4 |
Goldman Sachs
New York
|
-$100M |
| 5 |
State Street
Boston,
Massachusetts
|
-$89.4M |
ITW Hedge Fund Activity: Q1 2022 in Review
1,556 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2022, worth a combined $52.3B — down 16% from $61.9B a quarter earlier.
Sellers outnumbered buyers: 126 funds closed out of ITW and 110 opened new positions — a net loss of 16 holders — while 535 trimmed existing stakes and 563 added.
The largest buyer was CFS Investment Advisory Services, adding an estimated $459M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $202M sold.
- 1,556 institutional investors held Illinois Tool Works (ITW) as of Q1 2022, down from 1,590 in Q4 2021.
- Funds reported $52.3B of Illinois Tool Works stock for Q1 2022, down 16% quarter-over-quarter.
- 110 funds opened new Illinois Tool Works positions in Q1 2022 and 126 closed out, a net change of -16 holders.
- The largest Illinois Tool Works buyer in Q1 2022 was CFS Investment Advisory Services, an estimated $459M added.
- The largest Illinois Tool Works seller in Q1 2022 was Lord, Abbett & Co, an estimated $202M sold.
Based on aggregated 13F filings for Q1 2022.