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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.

New
Increased
Maintained
Reduced
Closed

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: 1928 (+9)

8% more capital invested

Capital invested by funds: $25.8B → $27.8B (+$2.01B)

4% more funds holding

Funds holding: 935977 (+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

Holders
977
Holders Change
+42
Holders Change %
+4.49%
% of All Funds
26.03%
Holding in Top 10
28
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+47.37%
% of All Funds
0.75%
New
92
Increased
313
Reduced
381
Closed
41
Calls
$52.1M
Puts
$87M
Net Calls
-$34.9M
Net Calls Change
-$16.6M
Name Holding Trade Value Shares
Change
Change in
Stake
DC
101
Davenport & Co
Virginia
$33.3M +$581K +6,281 +2%
AQR Capital Management
102
AQR Capital Management
Connecticut
$32.5M +$2.71M +29,300 +10%
FQ
103
First Quadrant
California
$31.5M +$509K +5,500 +2%
FMI
104
Factory Mutual Insurance
Massachusetts
$30.3M
CIM
105
Confluence Investment Management
Missouri
$29.8M +$682K +7,366 +3%
BAPIM
106
British Airways Pensions Investment Management
United Kingdom
$29.8M +$6.29M +67,990 +31%
PAMU
107
Pictet Asset Management (UK)
United Kingdom
$29.7M -$92.6K -1,000 -0.3%
Chevy Chase Trust
108
Chevy Chase Trust
Maryland
$28.5M +$565K +6,107 +2%
RFC
109
Russell Frank Company
Washington
$28.5M +$3.52M +38,023 +16%
Ninety One (UK)
110
Ninety One (UK)
United Kingdom
$27.7M +$10.1M +108,704 +67%
TD Asset Management
111
TD Asset Management
Ontario, Canada
$27.6M -$1.12M -12,098 -4%
PI
112
PGGM Investments
Netherlands
$27.3M -$432K -4,664 -2%
DP
113
Dearborn Partners
Illinois
$27.1M -$1.34M -14,430 -5%
State of New Jersey Common Pension Fund D
114
State of New Jersey Common Pension Fund D
New Jersey
$26.6M -$3.7M -40,000 -13%
GAM
115
Gotham Asset Management
New York
$26.6M +$22.9M +247,382 +1,987%
Alyeska Investment Group
116
Alyeska Investment Group
Illinois
$26.4M -$48.5M -523,673 -67%
USAA
117
United Services Automobile Association
Texas
$25.7M +$4.97M +53,726 +27%
CIBC Private Wealth Group
118
CIBC Private Wealth Group
Georgia
$24.9M -$1M -10,837 -4%
GCC
119
Guardian Capital (Canada)
Ontario, Canada
$24.9M +$1.42M +15,330 +7%
TAM
120
Tiverton Asset Management
Delaware
$24.4M -$2.06M -22,223 -9%
D.E. Shaw & Co
121
D.E. Shaw & Co
New York
$24.3M -$5.21M -56,327 -19%
MG
122
Markel Group
Virginia
$23.6M
Axa
123
Axa
France
$23.5M +$1.02M +11,000 +5%
MME
124
Meag Munich Ergo
Germany
$22.8M +$20.6M +223,024 New
BCIM
125
British Columbia Investment Management
British Columbia, Canada
$22.5M +$750K +8,101 +4%

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.