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Illinois Tool Works

1,464 hedge funds and large institutions have $50.6B invested in Illinois Tool Works in 2020 Q4 according to their latest regulatory filings, with 173 funds opening new positions, 488 increasing their positions, 525 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

179% more first-time investments, than exits

New positions opened: 173 | Existing positions closed: 62

44% more call options, than puts

Call options by funds: $228M | Put options by funds: $158M

7% more funds holding

Funds holding: 1,3711,464 (+93)

5% more capital invested

Capital invested by funds: $48.3B → $50.6B (+$2.33B)

0.65% less ownership

Funds ownership: 79%78.35% (-0.65%)

7% less repeat investments, than reductions

Existing positions increased: 488 | Existing positions reduced: 525

29% less funds holding in top 10

Funds holding in top 10: 3424 (-10)

Holders
1,464
Holders Change
+93
Holders Change %
+6.78%
% of All Funds
25.91%
Holding in Top 10
24
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-29.41%
% of All Funds
0.42%
New
173
Increased
488
Reduced
525
Closed
62
Calls
$228M
Puts
$158M
Net Calls
+$70.2M
Net Calls Change
+$628K
Name Holding Trade Value Shares
Change
Change in
Stake
VOYA Investment Management
151
VOYA Investment Management
Georgia
$23.9M -$1.76M -8,635 -7%
Retirement Systems of Alabama
152
Retirement Systems of Alabama
Alabama
$23.6M -$27.9M -136,442 -54%
DZ Bank
153
DZ Bank
Germany
$23.4M +$13.9M +68,038 +142%
Royal London Asset Management
154
Royal London Asset Management
United Kingdom
$23.4M -$1.35M -6,597 -5%
NIPH
155
NN Investment Partners Holdings
Netherlands
$23.4M +$1.23M +6,007 +6%
CISOA
156
Capital Investment Services of America
Wisconsin
$23.4M +$324K +1,586 +1%
FT
157
Fiduciary Trust
Massachusetts
$22.7M -$314K -1,539 -1%
TD Asset Management
158
TD Asset Management
Ontario, Canada
$22.1M -$817K -3,999 -4%
RPI
159
Railway Pension Investments
United Kingdom
$21.7M -$61.3K -300 -0.3%
Zurich Cantonal Bank
160
Zurich Cantonal Bank
Switzerland
$21.6M -$3.72M -18,221 -15%
Aviva
161
Aviva
United Kingdom
$21.4M +$621K +3,037 +3%
ACI
162
AMP Capital Investors
Australia
$20.6M -$61.1K -299 -0.3%
Capital Fund Management (CFM)
163
Capital Fund Management (CFM)
France
$20.5M +$15.9M +77,990 +349%
HighTower Advisors
164
HighTower Advisors
Illinois
$20.1M +$2.45M +11,986 +14%
CWM
165
CIBC World Markets
New York
$19.8M -$8.67M -42,412 -30%
Envestnet Asset Management
166
Envestnet Asset Management
Illinois
$19.7M -$2.68M -13,125 -12%
PSUF
167
People's United Financial
Connecticut
$19.5M +$452K +2,212 +2%
CTA
168
Chesley Taft & Associates
Illinois
$19.4M +$1.64K +8 +0%
Caisse de Depot et Placement du Quebec (CDPQ)
169
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$19.2M +$14.8M +72,527 +334%
Truist Financial
170
Truist Financial
North Carolina
$18.8M +$757K +3,705 +4%
Russell Investments Group
171
Russell Investments Group
United Kingdom
$18.7M -$4.1M -20,082 -18%
ASRS
172
Arizona State Retirement System
Arizona
$18.6M -$992K -4,856 -5%
Macquarie Group
173
Macquarie Group
Australia
$18.2M -$505K -2,472 -3%
RFC
174
Regions Financial Corp
Alabama
$18M -$486K -2,379 -3%
KCM
175
Kanawha Capital Management
Virginia
$17.9M +$95K +465 +0.5%

ITW Hedge Fund Activity: Q4 2020 in Review

1,464 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q4 2020, worth a combined $50.6B — up 4.8% from $48.3B a quarter earlier.

Buyers outnumbered sellers: 173 funds opened new ITW positions and 62 closed out — a net gain of 111 holders — while 488 added to existing stakes and 525 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $147M. The largest seller was Capital World Investors, cutting an estimated $264M.

  • 1,464 institutional investors held Illinois Tool Works (ITW) as of Q4 2020, up from 1,371 in Q3 2020.
  • Funds reported $50.6B of Illinois Tool Works stock for Q4 2020, up 4.8% quarter-over-quarter.
  • 173 funds opened new Illinois Tool Works positions in Q4 2020 and 62 closed out, a net change of +111 holders.
  • The largest Illinois Tool Works buyer in Q4 2020 was Fidelity Investments, an estimated $147M added.
  • The largest Illinois Tool Works seller in Q4 2020 was Capital World Investors, an estimated $264M sold.

Based on aggregated 13F filings for Q4 2020.