Illinois Tool Works
1,203 hedge funds and large institutions have $32.4B invested in Illinois Tool Works in 2018 Q4 according to their latest regulatory filings, with 135 funds opening new positions, 364 increasing their positions, 467 reducing their positions, and 113 closing their positions.
19% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 113
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
1% more funds holding
Funds holding: 1,191 → 1,203 (+12)
0.82% more ownership
Funds ownership: 76.97% → 77.79% (+0.82%)
11% less capital invested
Capital invested by funds: $36.4B → $32.4B (-$4.01B)
22% less repeat investments, than reductions
Existing positions increased: 364 | Existing positions reduced: 467
28% less call options, than puts
Call options by funds: $74.2M | Put options by funds: $103M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$251M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$221M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$136M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$134M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$95.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$357M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$205M |
| 3 |
Morgan Stanley
New York
|
-$119M |
| 4 |
HMP
HS Management Partners
New York
|
-$110M |
| 5 |
Renaissance Technologies
New York
|
-$95.8M |
ITW Hedge Fund Activity: Q4 2018 in Review
1,203 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q4 2018, worth a combined $32.4B — down 11% from $36.4B a quarter earlier.
Buyers outnumbered sellers: 135 funds opened new ITW positions and 113 closed out — a net gain of 22 holders — while 364 added to existing stakes and 467 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $251M. The largest seller was Bank of America, cutting an estimated $357M.
- 1,203 institutional investors held Illinois Tool Works (ITW) as of Q4 2018, up from 1,191 in Q3 2018.
- Funds reported $32.4B of Illinois Tool Works stock for Q4 2018, down 11% quarter-over-quarter.
- 135 funds opened new Illinois Tool Works positions in Q4 2018 and 113 closed out, a net change of +22 holders.
- The largest Illinois Tool Works buyer in Q4 2018 was Massachusetts Financial Services, an estimated $251M added.
- The largest Illinois Tool Works seller in Q4 2018 was Bank of America, an estimated $357M sold.
Based on aggregated 13F filings for Q4 2018.