Illinois Tool Works
1,750 hedge funds and large institutions have $64.8B invested in Illinois Tool Works in 2023 Q4 according to their latest regulatory filings, with 236 funds opening new positions, 513 increasing their positions, 664 reducing their positions, and 86 closing their positions.
174% more first-time investments, than exits
New positions opened: 236 | Existing positions closed: 86
56% more funds holding in top 10
Funds holding in top 10: 16 → 25 (+9)
28% more call options, than puts
Call options by funds: $153M | Put options by funds: $120M
15% more capital invested
Capital invested by funds: $56.5B → $64.8B (+$8.29B)
8% more funds holding
Funds holding: 1,622 → 1,750 (+128)
1.15% more ownership
Funds ownership: 81.09% → 82.23% (+1.1%)
23% less repeat investments, than reductions
Existing positions increased: 513 | Existing positions reduced: 664
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.11B |
| 2 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$162M |
| 3 |
Corient Private Wealth
Miami,
Florida
|
+$83.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$68.8M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$68.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$293M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$287M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$184M |
| 4 |
Neuberger Berman Group
New York
|
-$138M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$111M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1826
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$14.3K | -62 | Closed |
|
|
WWP
1827
WR Wealth Planners
Columbia,
Missouri
| – | -$9.21K | -40 | Closed |
|
|
TJHA
1828
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$6.91K | -30 | Closed |
|
|
AWA
1829
Authentikos Wealth Advisory
Morgan Hill,
California
| – | -$5.76K | -25 | Closed |
|
|
CNBTD
1830
Citizens National Bank Trust Department
Meridian,
Mississippi
| – | -$5.07K | -22 | Closed |
|
|
FCMT
1831
Founders Capital Management (Texas)
Houston,
Texas
| – | -$5.07K | -22 | Closed |
|
|
WPWM
1832
Western Pacific Wealth Management
Lake Forest,
Illinois
| – | -$5.07K | -22 | Closed |
|
|
RA
1833
Rise Advisors
Rochester,
New York
| – | -$2.87K | -12 | Closed |
|
|
LFA
1834
LGT Financial Advisors
Dallas,
Texas
| – | -$1.84K | -8 | Closed |
|
|
DF
1835
DecisionPoint Financial
Mesa,
Arizona
| – | -$1.38K | -6 | Closed |
|
|
RFA
1836
Register Financial Advisors
Atlanta,
Georgia
| – | -$1.25K | -5 | Closed |
|
|
MIM
1837
Macroview Investment Management
Bethesda,
Maryland
| – | -$922 | -4 | Closed |
|
ITW Hedge Fund Activity: Q4 2023 in Review
1,750 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q4 2023, worth a combined $64.8B — up 15% from $56.5B a quarter earlier.
Buyers outnumbered sellers: 236 funds opened new ITW positions and 86 closed out — a net gain of 150 holders — while 513 added to existing stakes and 664 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.11B. The largest seller was Capital Research Global Investors, cutting an estimated $293M.
- 1,750 institutional investors held Illinois Tool Works (ITW) as of Q4 2023, up from 1,622 in Q3 2023.
- Funds reported $64.8B of Illinois Tool Works stock for Q4 2023, up 15% quarter-over-quarter.
- 236 funds opened new Illinois Tool Works positions in Q4 2023 and 86 closed out, a net change of +150 holders.
- The largest Illinois Tool Works buyer in Q4 2023 was Morgan Stanley, an estimated $1.11B added.
- The largest Illinois Tool Works seller in Q4 2023 was Capital Research Global Investors, an estimated $293M sold.
Based on aggregated 13F filings for Q4 2023.