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Illinois Tool Works

1,624 hedge funds and large institutions have $59.8B invested in Illinois Tool Works in 2023 Q1 according to their latest regulatory filings, with 131 funds opening new positions, 526 increasing their positions, 631 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more first-time investments, than exits

New positions opened: 131 | Existing positions closed: 66

58% more call options, than puts

Call options by funds: $110M | Put options by funds: $69.7M

42% more funds holding in top 10

Funds holding in top 10: 1927 (+8)

11% more capital invested

Capital invested by funds: $54B → $59.8B (+$5.79B)

2% more funds holding

Funds holding: 1,5901,624 (+34)

0.39% more ownership

Funds ownership: 80.29%80.68% (+0.39%)

17% less repeat investments, than reductions

Existing positions increased: 526 | Existing positions reduced: 631

Holders
1,624
Holders Change
+34
Holders Change %
+2.14%
% of All Funds
25.88%
Holding in Top 10
27
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+42.11%
% of All Funds
0.43%
New
131
Increased
526
Reduced
631
Closed
66
Calls
$110M
Puts
$69.7M
Net Calls
+$40.6M
Net Calls Change
+$102M
Name Holding Trade Value Shares
Change
Change in
Stake
Squarepoint
126
Squarepoint
New York
$35.8M +$18.6M +79,687 +119%
SFI
127
Susquehanna Fundamental Investments
Pennsylvania
$35.7M
Luther King Capital Management (LKCM)
128
Luther King Capital Management (LKCM)
Texas
$35.4M -$651K -2,789 -2%
M&T Bank
129
M&T Bank
New York
$35.1M -$357K -1,530 -1%
BBHC
130
Brown Brothers Harriman & Co
New York
$34.6M -$2.23M -9,572 -6%
Susquehanna International Group
131
Susquehanna International Group
Pennsylvania
$34.5M +$6.29M +26,968 +23%
Aviva
132
Aviva
United Kingdom
$33.5M -$1.23M -5,263 -4%
Treasurer of the State of North Carolina
133
Treasurer of the State of North Carolina
North Carolina
$33.3M +$216K +927 +0.7%
Jane Street
134
Jane Street
New York
$33.2M +$30.8M +131,811 +3,018%
Asset Management One
135
Asset Management One
Japan
$32.7M +$2.04M +8,753 +7%
Osaic Holdings
136
Osaic Holdings
Arizona
$31.8M +$1.14M +4,882 +4%
RG
137
Renaissance Group
Kentucky
$31.5M -$569K -2,439 -2%
HighTower Advisors
138
HighTower Advisors
Illinois
$31.4M +$498K +2,135 +2%
DnB Asset Management
139
DnB Asset Management
Norway
$30.3M +$37.8K +162 +0.1%
Nisa Investment Advisors
140
Nisa Investment Advisors
Missouri
$30.3M +$233 +1 +0%
BIAS
141
Beacon Investment Advisory Services
New Jersey
$30M -$1.58M -6,787 -5%
Skandinaviska Enskilda Banken (SEB)
142
Skandinaviska Enskilda Banken (SEB)
Sweden
$29M -$147K -630 -0.5%
VOYA Investment Management
143
VOYA Investment Management
Georgia
$27.6M +$663K +2,842 +3%
Royal London Asset Management
144
Royal London Asset Management
United Kingdom
$27.5M +$164K +702 +0.6%
UCFA
145
United Capital Financial Advisors
Texas
$26.3M -$1.57M -6,744 -6%
Millennium Management
146
Millennium Management
New York
$26.2M -$122M -521,336 -83%
Rockefeller Capital Management
147
Rockefeller Capital Management
New York
$25.7M +$220K +942 +0.9%
Teacher Retirement System of Texas
148
Teacher Retirement System of Texas
Texas
$25.5M +$9.43M +40,415 +63%
Axa
149
Axa
France
$25.2M -$20.3M -86,795 -46%
CISOA
150
Capital Investment Services of America
Wisconsin
$25.1M -$2.95M -12,655 -11%

ITW Hedge Fund Activity: Q1 2023 in Review

1,624 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2023, worth a combined $59.8B — up 11% from $54B a quarter earlier.

Buyers outnumbered sellers: 131 funds opened new ITW positions and 66 closed out — a net gain of 65 holders — while 526 added to existing stakes and 631 trimmed.

The largest buyer was BlackRock, adding an estimated $233M. The largest seller was JP Morgan Chase, cutting an estimated $158M.

  • 1,624 institutional investors held Illinois Tool Works (ITW) as of Q1 2023, up from 1,590 in Q4 2022.
  • Funds reported $59.8B of Illinois Tool Works stock for Q1 2023, up 11% quarter-over-quarter.
  • 131 funds opened new Illinois Tool Works positions in Q1 2023 and 66 closed out, a net change of +65 holders.
  • The largest Illinois Tool Works buyer in Q1 2023 was BlackRock, an estimated $233M added.
  • The largest Illinois Tool Works seller in Q1 2023 was JP Morgan Chase, an estimated $158M sold.

Based on aggregated 13F filings for Q1 2023.