Illinois Tool Works
1,726 hedge funds and large institutions have $57.7B invested in Illinois Tool Works in 2024 Q2 according to their latest regulatory filings, with 97 funds opening new positions, 633 increasing their positions, 631 reducing their positions, and 138 closing their positions.
40% more call options, than puts
Call options by funds: $119M | Put options by funds: $84.7M
0.45% more ownership
Funds ownership: 81.12% → 81.57% (+0.45%)
0% more repeat investments, than reductions
Existing positions increased: 633 | Existing positions reduced: 631
4% less funds holding
Funds holding: 1,790 → 1,726 (-64)
11% less capital invested
Capital invested by funds: $65B → $57.7B (-$7.27B)
30% less first-time investments, than exits
New positions opened: 97 | Existing positions closed: 138
41% less funds holding in top 10
Funds holding in top 10: 22 → 13 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$162M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
+$109M |
| 3 |
Goldman Sachs
New York
|
+$95.8M |
| 4 |
D.E. Shaw & Co
New York
|
+$84.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$80.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$257M |
| 2 |
Morgan Stanley
New York
|
-$107M |
| 3 |
HF
HRT Financial
New York
|
-$82.6M |
| 4 |
Millennium Management
New York
|
-$70.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$69.7M |
ITW Hedge Fund Activity: Q2 2024 in Review
1,726 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2024, worth a combined $57.7B — down 11% from $65B a quarter earlier.
Sellers outnumbered buyers: 138 funds closed out of ITW and 97 opened new positions — a net loss of 41 holders — while 631 trimmed existing stakes and 633 added.
The largest buyer was First Trust Advisors, adding an estimated $162M. The largest seller was Wellington Management Group, cutting an estimated $257M.
- 1,726 institutional investors held Illinois Tool Works (ITW) as of Q2 2024, down from 1,790 in Q1 2024.
- Funds reported $57.7B of Illinois Tool Works stock for Q2 2024, down 11% quarter-over-quarter.
- 97 funds opened new Illinois Tool Works positions in Q2 2024 and 138 closed out, a net change of -41 holders.
- The largest Illinois Tool Works buyer in Q2 2024 was First Trust Advisors, an estimated $162M added.
- The largest Illinois Tool Works seller in Q2 2024 was Wellington Management Group, an estimated $257M sold.
Based on aggregated 13F filings for Q2 2024.