Illinois Tool Works
1,748 hedge funds and large institutions have $63.2B invested in Illinois Tool Works in 2024 Q3 according to their latest regulatory filings, with 141 funds opening new positions, 581 increasing their positions, 671 reducing their positions, and 97 closing their positions.
45% more first-time investments, than exits
New positions opened: 141 | Existing positions closed: 97
29% more call options, than puts
Call options by funds: $177M | Put options by funds: $137M
10% more capital invested
Capital invested by funds: $57.7B → $63.2B (+$5.51B)
1% more funds holding
Funds holding: 1,726 → 1,748 (+22)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
0.22% less ownership
Funds ownership: 81.57% → 81.36% (-0.22%)
13% less repeat investments, than reductions
Existing positions increased: 581 | Existing positions reduced: 671
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
+$168M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$98.1M |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$79.3M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$76M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$68.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$166M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$127M |
| 3 |
Millennium Management
New York
|
-$88.1M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$84.7M |
| 5 |
BHM
Briar Hall Management
Nashville,
Tennessee
|
-$75M |
ITW Hedge Fund Activity: Q3 2024 in Review
1,748 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2024, worth a combined $63.2B — up 9.5% from $57.7B a quarter earlier.
Buyers outnumbered sellers: 141 funds opened new ITW positions and 97 closed out — a net gain of 44 holders — while 581 added to existing stakes and 671 trimmed.
The largest buyer was Corient Private Wealth, adding an estimated $168M. The largest seller was First Trust Advisors, cutting an estimated $166M.
- 1,748 institutional investors held Illinois Tool Works (ITW) as of Q3 2024, up from 1,726 in Q2 2024.
- Funds reported $63.2B of Illinois Tool Works stock for Q3 2024, up 9.5% quarter-over-quarter.
- 141 funds opened new Illinois Tool Works positions in Q3 2024 and 97 closed out, a net change of +44 holders.
- The largest Illinois Tool Works buyer in Q3 2024 was Corient Private Wealth, an estimated $168M added.
- The largest Illinois Tool Works seller in Q3 2024 was First Trust Advisors, an estimated $166M sold.
Based on aggregated 13F filings for Q3 2024.