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Illinois Tool Works

1,848 hedge funds and large institutions have $59.8B invested in Illinois Tool Works in 2025 Q2 according to their latest regulatory filings, with 133 funds opening new positions, 625 increasing their positions, 700 reducing their positions, and 109 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more call options, than puts

Call options by funds: $103M | Put options by funds: $56.1M

22% more first-time investments, than exits

New positions opened: 133 | Existing positions closed: 109

0% more funds holding

Funds holding: 1,8461,848 (+2)

1% less capital invested

Capital invested by funds: $60.3B → $59.8B (-$423M)

0.71% less ownership

Funds ownership: 83.3%82.59% (-0.71%)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

11% less repeat investments, than reductions

Existing positions increased: 625 | Existing positions reduced: 700

Holders
1,848
Holders Change
+2
Holders Change %
+0.11%
% of All Funds
24.33%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.14%
New
133
Increased
625
Reduced
700
Closed
109
Calls
$103M
Puts
$56.1M
Net Calls
+$46.4M
Net Calls Change
-$124M
Name Holding Trade Value Shares
Change
Change in
Stake
NB
151
Norinchukin Bank
Japan
$27.7M +$2.57M +10,648 +11%
Toronto Dominion Bank
152
Toronto Dominion Bank
Ontario, Canada
$27.3M +$3M +12,403 +13%
Millennium Management
153
Millennium Management
New York
$27.2M +$16.4M +67,851 +161%
Caisse de Depot et Placement du Quebec (CDPQ)
154
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$26.7M +$25.7M +106,358 +6,342%
SEI Investments
155
SEI Investments
Pennsylvania
$26.4M +$2.95M +12,223 +13%
MSV
156
MN Services Vermogensbeheer
Netherlands
$25.8M -$1.69M -7,000 -6%
Lazard Asset Management
157
Lazard Asset Management
New York
$25.6M +$23.2M +96,120 +1,278%
CCM
158
Coerente Capital Management
Ontario, Canada
$25.6M +$415K +1,718 +2%
TD Asset Management
159
TD Asset Management
Ontario, Canada
$25.5M -$762K -3,153 -3%
Nisa Investment Advisors
160
Nisa Investment Advisors
Missouri
$25.3M -$3.19M -13,188 -11%
FAF
161
Första AP-fonden
Sweden
$25.2M +$2.25M +9,300 +10%
GAM
162
Gotham Asset Management
New York
$24M +$5.64M +23,360 +32%
Two Sigma Investments
163
Two Sigma Investments
New York
$23.9M +$19.9M +82,291 +573%
MIF
164
Mediolanum International Funds
Ireland
$23.2M +$1.64M +6,787 +8%
State of New Jersey Common Pension Fund D
165
State of New Jersey Common Pension Fund D
New Jersey
$23.1M -$918K -3,798 -4%
Jones Financial Companies
166
Jones Financial Companies
Missouri
$22.6M +$799K +3,307 +4%
PHAM
167
Pacific Heights Asset Management
California
$22.5M +$6.77M +28,000 +44%
State of Tennessee, Department of Treasury
168
State of Tennessee, Department of Treasury
Tennessee
$22.2M +$3.85M +15,953 +22%
CIBC Asset Management
169
CIBC Asset Management
Ontario, Canada
$22.1M +$2.88M +11,907 +15%
KCM
170
Kanawha Capital Management
Virginia
$21.9M -$594K -2,458 -3%
UCFA
171
United Capital Financial Advisors
Texas
$21.5M -$235K -971 -1%
SA
172
Sanctuary Advisors
Indiana
$21.3M +$265K +1,096 +1%
Acadian Asset Management
173
Acadian Asset Management
Massachusetts
$21.2M +$18.2M +75,273 +711%
RPI
174
Railway Pension Investments
United Kingdom
$21.2M -$1.45M -6,000 -7%
Swedbank
175
Swedbank
Sweden
$21.2M -$57K -236 -0.3%

ITW Hedge Fund Activity: Q2 2025 in Review

1,848 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2025, worth a combined $59.8B — down 0.7% from $60.3B a quarter earlier.

Buyers outnumbered sellers: 133 funds opened new ITW positions and 109 closed out — a net gain of 24 holders — while 625 added to existing stakes and 700 trimmed.

The largest buyer was BlackRock, adding an estimated $175M. The largest seller was Auto-Owners Insurance, cutting an estimated $345M.

  • 1,848 institutional investors held Illinois Tool Works (ITW) as of Q2 2025, up from 1,846 in Q1 2025.
  • Funds reported $59.8B of Illinois Tool Works stock for Q2 2025, down 0.7% quarter-over-quarter.
  • 133 funds opened new Illinois Tool Works positions in Q2 2025 and 109 closed out, a net change of +24 holders.
  • The largest Illinois Tool Works buyer in Q2 2025 was BlackRock, an estimated $175M added.
  • The largest Illinois Tool Works seller in Q2 2025 was Auto-Owners Insurance, an estimated $345M sold.

Based on aggregated 13F filings for Q2 2025.