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Illinois Tool Works

887 hedge funds and large institutions have $25.8B invested in Illinois Tool Works in 2014 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 250 increasing their positions, 390 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 38

33% more call options, than puts

Call options by funds: $84.5M | Put options by funds: $63.5M

3% more funds holding

Funds holding: 863887 (+24)

1.65% less ownership

Funds ownership: 76.32%74.67% (-1.6%)

9% less funds holding in top 10

Funds holding in top 10: 2220 (-2)

9% less capital invested

Capital invested by funds: $28.5B → $25.8B (-$2.67B)

36% less repeat investments, than reductions

Existing positions increased: 250 | Existing positions reduced: 390

Holders
887
Holders Change
+24
Holders Change %
+2.78%
% of All Funds
25.61%
Holding in Top 10
20
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.09%
% of All Funds
0.58%
New
75
Increased
250
Reduced
390
Closed
38
Calls
$84.5M
Puts
$63.5M
Net Calls
+$21M
Net Calls Change
+$92.3M
Name Holding Trade Value Shares
Change
Change in
Stake
ERSOT
176
Employees Retirement System of Texas
Texas
$12.4M -$1.46M -18,000 -11%
VOYA Investment Management
177
VOYA Investment Management
Georgia
$12.3M -$514K -6,359 -4%
NPPM
178
North Point Portfolio Managers
Ohio
$12M +$80.2K +991 +0.7%
CB
179
Commerce Bank
Missouri
$11.9M -$125K -1,544 -1%
SRC
180
Shufro Rose & Co
New York
$11.9M -$344K -4,250 -3%
ACI
181
AMP Capital Investors
Australia
$11.8M +$547K +6,760 +5%
Public Sector Pension Investment Board (PSP Investments)
182
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$11.6M -$712K -8,800 -6%
AIMCA
183
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$11.6M -$1.82M -22,500 -14%
SFM
184
Stack Financial Management
Montana
$11.6M +$9.71K +120 +0.1%
B
185
Baird
Wisconsin
$11M +$144K +1,783 +1%
AIG
186
American International Group
New York
$11M -$594K -7,347 -5%
AG
187
Aperio Group
California
$10.9M +$10.8M +133,669 New
AAF
188
Andra AP-fonden
Sweden
$10.8M
Royal London Asset Management
189
Royal London Asset Management
United Kingdom
$10.8M +$2.23M +27,578 +29%
NFA
190
Nationwide Fund Advisors
Ohio
$10.8M -$523K -6,470 -5%
CTA
191
Chesley Taft & Associates
Illinois
$10.7M -$32.5K -402 -0.3%
GHA
192
GW Henssler & Associates
Georgia
$10.6M -$3.71M -45,880 -26%
First Trust Advisors
193
First Trust Advisors
Illinois
$10.5M -$5.83M -72,115 -36%
TSU
194
TD Securities (USA)
New York
$10.4M -$1.28M -15,793 -11%
MLL
195
Moody Lynn & Lieberson
Massachusetts
$10.3M +$175K +2,166 +2%
PI
196
PineBridge Investments
New York
$10.3M -$10M -124,219 -50%
FAF
197
Fjarde Ap-fonden
Sweden
$9.99M +$339K +4,188 +4%
Brown Advisory
198
Brown Advisory
Maryland
$9.88M -$400K -4,939 -4%
EBSAM
199
Eubel Brady & Suttman Asset Management
Ohio
$9.84M -$33K -408 -0.3%
GIBU
200
Gulf International Bank (UK)
United Kingdom
$9.8M +$7.36K +91 +0.1%

ITW Hedge Fund Activity: Q1 2014 in Review

887 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2014, worth a combined $25.8B — down 9.4% from $28.5B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new ITW positions and 38 closed out — a net gain of 37 holders — while 250 added to existing stakes and 390 trimmed.

The largest buyer was Adage Capital Partners, adding an estimated $236M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $572M.

  • 887 institutional investors held Illinois Tool Works (ITW) as of Q1 2014, up from 863 in Q4 2013.
  • Funds reported $25.8B of Illinois Tool Works stock for Q1 2014, down 9.4% quarter-over-quarter.
  • 75 funds opened new Illinois Tool Works positions in Q1 2014 and 38 closed out, a net change of +37 holders.
  • The largest Illinois Tool Works buyer in Q1 2014 was Adage Capital Partners, an estimated $236M added.
  • The largest Illinois Tool Works seller in Q1 2014 was Barrow, Hanley, Mewhinney & Strauss, an estimated $572M sold.

Based on aggregated 13F filings for Q1 2014.