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Illinois Tool Works

887 hedge funds and large institutions have $25.8B invested in Illinois Tool Works in 2014 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 250 increasing their positions, 390 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 38

33% more call options, than puts

Call options by funds: $84.5M | Put options by funds: $63.5M

3% more funds holding

Funds holding: 863887 (+24)

1.65% less ownership

Funds ownership: 76.32%74.67% (-1.6%)

9% less funds holding in top 10

Funds holding in top 10: 2220 (-2)

9% less capital invested

Capital invested by funds: $28.5B → $25.8B (-$2.67B)

36% less repeat investments, than reductions

Existing positions increased: 250 | Existing positions reduced: 390

Holders
887
Holders Change
+24
Holders Change %
+2.78%
% of All Funds
25.61%
Holding in Top 10
20
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.09%
% of All Funds
0.58%
New
75
Increased
250
Reduced
390
Closed
38
Calls
$84.5M
Puts
$63.5M
Net Calls
+$21M
Net Calls Change
+$92.3M
Name Holding Trade Value Shares
Change
Change in
Stake
AACR
126
ACR Alpine Capital Research
Missouri
$21.4M +$781K +9,653 +4%
BC
127
Bartlett & Co
Ohio
$21.4M -$240K -2,961 -1%
TD Asset Management
128
TD Asset Management
Ontario, Canada
$21M -$1.12M -13,823 -5%
Public Employees Retirement Association of Colorado
129
Public Employees Retirement Association of Colorado
Colorado
$20.9M -$61.4K -759 -0.3%
State of Wisconsin Investment Board
130
State of Wisconsin Investment Board
Wisconsin
$20.4M -$1.21M -14,970 -6%
TAM
131
Tocqueville Asset Management
New York
$20.4M -$107K -1,320 -0.5%
ARC
132
Absolute Return Capital
Massachusetts
$20.2M -$24.3M -300,055 -55%
USAA
133
United Services Automobile Association
Texas
$19.9M -$7.49M -92,542 -27%
SO
134
STRS Ohio
Ohio
$19.7M -$1.51M -18,700 -7%
KFC
135
Klingenstein Fields & Co
New York
$19.6M -$4.1M -50,674 -17%
MLICM
136
Metropolitan Life Insurance Company (MetLife)
New York
$19.5M -$1.2M -14,853 -6%
Retirement Systems of Alabama
137
Retirement Systems of Alabama
Alabama
$19.1M -$854K -10,551 -4%
SOMRS
138
State of Michigan Retirement System
Michigan
$18.9M -$526K -6,500 -3%
MG
139
Markel Group
Virginia
$18.7M -$906K -11,200 -5%
Korea Investment Corp
140
Korea Investment Corp
South Korea
$18.7M +$7.09M +87,600 +62%
GAM
141
Gotham Asset Management
New York
$18.7M +$11.8M +145,524 +173%
HSA
142
Hussman Strategic Advisors
Maryland
$18.3M +$4.05M +50,000 +29%
Caisse de Depot et Placement du Quebec (CDPQ)
143
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$18.2M -$3.11M -38,400 -15%
PAMU
144
Pictet Asset Management (UK)
United Kingdom
$18.2M -$4.76M -58,800 -21%
DCLA
145
Douglas C. Lane & Associates
New York
$18M -$234K -2,894 -1%
Canada Life
146
Canada Life
Manitoba, Canada
$17.1M +$724K +8,948 +4%
DP
147
Dearborn Partners
Illinois
$17M +$1.12M +13,850 +7%
GL
148
GLG LLC
New York
$17M +$16.9M +209,091 New
CCM
149
Compass Capital Management
Minnesota
$16.8M +$12.3K +152 +0.1%
GLA
150
Great Lakes Advisors
Illinois
$16.8M -$700K -8,648 -4%

ITW Hedge Fund Activity: Q1 2014 in Review

887 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2014, worth a combined $25.8B — down 9.4% from $28.5B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new ITW positions and 38 closed out — a net gain of 37 holders — while 250 added to existing stakes and 390 trimmed.

The largest buyer was Adage Capital Partners, adding an estimated $236M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $572M.

  • 887 institutional investors held Illinois Tool Works (ITW) as of Q1 2014, up from 863 in Q4 2013.
  • Funds reported $25.8B of Illinois Tool Works stock for Q1 2014, down 9.4% quarter-over-quarter.
  • 75 funds opened new Illinois Tool Works positions in Q1 2014 and 38 closed out, a net change of +37 holders.
  • The largest Illinois Tool Works buyer in Q1 2014 was Adage Capital Partners, an estimated $236M added.
  • The largest Illinois Tool Works seller in Q1 2014 was Barrow, Hanley, Mewhinney & Strauss, an estimated $572M sold.

Based on aggregated 13F filings for Q1 2014.