Illinois Tool Works
1,624 hedge funds and large institutions have $59.8B invested in Illinois Tool Works in 2023 Q1 according to their latest regulatory filings, with 131 funds opening new positions, 526 increasing their positions, 631 reducing their positions, and 66 closing their positions.
98% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 66
58% more call options, than puts
Call options by funds: $110M | Put options by funds: $69.7M
42% more funds holding in top 10
Funds holding in top 10: 19 → 27 (+8)
11% more capital invested
Capital invested by funds: $54B → $59.8B (+$5.79B)
2% more funds holding
Funds holding: 1,590 → 1,624 (+34)
0.39% more ownership
Funds ownership: 80.29% → 80.68% (+0.39%)
17% less repeat investments, than reductions
Existing positions increased: 526 | Existing positions reduced: 631
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$233M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$142M |
| 3 |
Goldman Sachs
New York
|
+$115M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$113M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$64.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$158M |
| 2 |
Millennium Management
New York
|
-$122M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$117M |
| 4 |
State Street
Boston,
Massachusetts
|
-$107M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$95.1M |
ITW Hedge Fund Activity: Q1 2023 in Review
1,624 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2023, worth a combined $59.8B — up 11% from $54B a quarter earlier.
Buyers outnumbered sellers: 131 funds opened new ITW positions and 66 closed out — a net gain of 65 holders — while 526 added to existing stakes and 631 trimmed.
The largest buyer was BlackRock, adding an estimated $233M. The largest seller was JP Morgan Chase, cutting an estimated $158M.
- 1,624 institutional investors held Illinois Tool Works (ITW) as of Q1 2023, up from 1,590 in Q4 2022.
- Funds reported $59.8B of Illinois Tool Works stock for Q1 2023, up 11% quarter-over-quarter.
- 131 funds opened new Illinois Tool Works positions in Q1 2023 and 66 closed out, a net change of +65 holders.
- The largest Illinois Tool Works buyer in Q1 2023 was BlackRock, an estimated $233M added.
- The largest Illinois Tool Works seller in Q1 2023 was JP Morgan Chase, an estimated $158M sold.
Based on aggregated 13F filings for Q1 2023.