Illinois Tool Works
993 hedge funds and large institutions have $28.1B invested in Illinois Tool Works in 2016 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 320 increasing their positions, 395 reducing their positions, and 43 closing their positions.
65% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 43
2% more funds holding
Funds holding: 977 → 993 (+16)
1% more capital invested
Capital invested by funds: $27.8B → $28.1B (+$307M)
3.2% less ownership
Funds ownership: 78.39% → 75.19% (-3.2%)
11% less funds holding in top 10
Funds holding in top 10: 28 → 25 (-3)
19% less repeat investments, than reductions
Existing positions increased: 320 | Existing positions reduced: 395
53% less call options, than puts
Call options by funds: $55.5M | Put options by funds: $117M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$121M |
| 2 |
Morgan Stanley
New York
|
+$121M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$111M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$104M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$849M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$222M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$166M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$135M |
| 5 |
Goldman Sachs
New York
|
-$99.3M |
ITW Hedge Fund Activity: Q2 2016 in Review
993 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2016, worth a combined $28.1B — up 1.1% from $27.8B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new ITW positions and 43 closed out — a net gain of 28 holders — while 320 added to existing stakes and 395 trimmed.
The largest buyer was Ameriprise, adding an estimated $121M. The largest seller was Royal London Asset Management, cutting an estimated $849M.
- 993 institutional investors held Illinois Tool Works (ITW) as of Q2 2016, up from 977 in Q1 2016.
- Funds reported $28.1B of Illinois Tool Works stock for Q2 2016, up 1.1% quarter-over-quarter.
- 71 funds opened new Illinois Tool Works positions in Q2 2016 and 43 closed out, a net change of +28 holders.
- The largest Illinois Tool Works buyer in Q2 2016 was Ameriprise, an estimated $121M added.
- The largest Illinois Tool Works seller in Q2 2016 was Royal London Asset Management, an estimated $849M sold.
Based on aggregated 13F filings for Q2 2016.