Illinois Tool Works
1,790 hedge funds and large institutions have $65B invested in Illinois Tool Works in 2024 Q1 according to their latest regulatory filings, with 150 funds opening new positions, 620 increasing their positions, 638 reducing their positions, and 90 closing their positions.
67% more first-time investments, than exits
New positions opened: 150 | Existing positions closed: 90
40% more call options, than puts
Call options by funds: $175M | Put options by funds: $125M
2% more funds holding
Funds holding: 1,750 → 1,790 (+40)
0% more capital invested
Capital invested by funds: $64.8B → $65B (+$182M)
3% less repeat investments, than reductions
Existing positions increased: 620 | Existing positions reduced: 638
1.12% less ownership
Funds ownership: 82.23% → 81.12% (-1.1%)
12% less funds holding in top 10
Funds holding in top 10: 25 → 22 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$232M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$224M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$192M |
| 4 |
Millennium Management
New York
|
+$155M |
| 5 |
Aristotle Capital Management
Los Angeles,
California
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.14B |
| 2 |
Charles Schwab
San Francisco,
California
|
-$1.13B |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$329M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$232M |
| 5 |
BlackRock
New York
|
-$112M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GG
1876
Greenwood Gearhart
Fayetteville,
Arkansas
| – | -$10.5K | -40 | Closed |
|
1877
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$7K | -27 | Closed |
|
|
LF
1878
Lee Financial
Dallas,
Texas
| – | -$6.85K | -26 | Closed |
|
|
HT
1879
Headlands Technologies
Chicago,
Illinois
| – | -$5.76K | -22 | Closed |
|
|
TVAMP
1880
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
| – | -$1.92K | -7 | Closed |
|
|
VNIM
1881
Vaughan Nelson Investment Management
Houston,
Texas
| – | -$2K | -7 | Closed |
|
|
PCTC
1882
Perkins Coie Trust Company
Seattle,
Washington
| – | -$1.05K | -4 | Closed |
|
ITW Hedge Fund Activity: Q1 2024 in Review
1,790 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2024, worth a combined $65B — up 0.28% from $64.8B a quarter earlier.
Buyers outnumbered sellers: 150 funds opened new ITW positions and 90 closed out — a net gain of 60 holders — while 620 added to existing stakes and 638 trimmed.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $232M. The largest seller was Morgan Stanley, cutting an estimated $1.14B.
- 1,790 institutional investors held Illinois Tool Works (ITW) as of Q1 2024, up from 1,750 in Q4 2023.
- Funds reported $65B of Illinois Tool Works stock for Q1 2024, up 0.28% quarter-over-quarter.
- 150 funds opened new Illinois Tool Works positions in Q1 2024 and 90 closed out, a net change of +60 holders.
- The largest Illinois Tool Works buyer in Q1 2024 was Qube Research & Technologies (QRT), an estimated $232M added.
- The largest Illinois Tool Works seller in Q1 2024 was Morgan Stanley, an estimated $1.14B sold.
Based on aggregated 13F filings for Q1 2024.