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Illinois Tool Works

811 hedge funds and large institutions have $26.9B invested in Illinois Tool Works in 2013 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 249 increasing their positions, 330 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 48

33% more funds holding in top 10

Funds holding in top 10: 2128 (+7)

12% more call options, than puts

Call options by funds: $156M | Put options by funds: $139M

9% more capital invested

Capital invested by funds: $24.7B → $26.9B (+$2.22B)

2% more funds holding

Funds holding: 798811 (+13)

0.61% less ownership

Funds ownership: 79.51%78.89% (-0.61%)

25% less repeat investments, than reductions

Existing positions increased: 249 | Existing positions reduced: 330

Holders
811
Holders Change
+13
Holders Change %
+1.63%
% of All Funds
26.3%
Holding in Top 10
28
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+33.33%
% of All Funds
0.91%
New
70
Increased
249
Reduced
330
Closed
48
Calls
$156M
Puts
$139M
Net Calls
+$17.1M
Net Calls Change
-$14.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$2.91B -$26.1M -357,312 -0.9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.77B +$36.4M +497,439 +2%
State Farm Mutual Automobile Insurance
3
State Farm Mutual Automobile Insurance
Illinois
$1.77B
State Street
4
State Street
Massachusetts
$1.45B -$6.55M -89,617 -0.5%
Harris Associates
5
Harris Associates
Illinois
$1.34B +$52.1M +713,342 +4%
Barrow, Hanley, Mewhinney & Strauss
6
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.14B -$60.2M -823,848 -5%
BIT
7
BlackRock Institutional Trust
California
$799M -$13.5M -184,780 -2%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$789M -$5.11M -69,890 -0.7%
FMI
9
Fiduciary Management Inc
Wisconsin
$770M +$5.63M +77,093 +0.8%
RI
10
Relational Investors
California
$764M
Fidelity Investments
11
Fidelity Investments
Massachusetts
$678M -$135M -1,853,321 -17%
Capital Research Global Investors
12
Capital Research Global Investors
California
$603M
JP Morgan Chase
13
JP Morgan Chase
New York
$539M +$38.6M +527,710 +8%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$494M -$179M -2,450,726 -27%
Wells Fargo
15
Wells Fargo
California
$448M +$29.8M +407,772 +7%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$426M +$36.2M +494,670 +10%
AllianceBernstein
17
AllianceBernstein
Tennessee
$380M -$10.8M -147,365 -3%
U
18
UBS
Switzerland
$286M +$10.6M +145,138 +4%
BFA
19
BlackRock Fund Advisors
California
$265M +$5.75M +78,608 +2%
Norges Bank
20
Norges Bank
Norway
$243M +$3.05M +41,759 +1%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$239M +$52.2M +714,532 +30%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$215M +$5.99M +81,946 +3%
BG
23
BlackRock Group
United Kingdom
$215M +$9.79M +133,929 +5%
UBS AM
24
UBS AM
Illinois
$203M -$3.37M -46,171 -2%
Bank of America
25
Bank of America
North Carolina
$197M -$12.8M -174,845 -6%

ITW Hedge Fund Activity: Q3 2013 in Review

811 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q3 2013, worth a combined $26.9B — up 9% from $24.7B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new ITW positions and 48 closed out — a net gain of 22 holders — while 249 added to existing stakes and 330 trimmed.

The largest buyer was Congress Asset Management, adding an estimated $55.5M. The largest seller was Wellington Management Group, cutting an estimated $179M.

  • 811 institutional investors held Illinois Tool Works (ITW) as of Q3 2013, up from 798 in Q2 2013.
  • Funds reported $26.9B of Illinois Tool Works stock for Q3 2013, up 9% quarter-over-quarter.
  • 70 funds opened new Illinois Tool Works positions in Q3 2013 and 48 closed out, a net change of +22 holders.
  • The largest Illinois Tool Works buyer in Q3 2013 was Congress Asset Management, an estimated $55.5M added.
  • The largest Illinois Tool Works seller in Q3 2013 was Wellington Management Group, an estimated $179M sold.

Based on aggregated 13F filings for Q3 2013.