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Illinois Tool Works

1,094 hedge funds and large institutions have $37.5B invested in Illinois Tool Works in 2017 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 303 increasing their positions, 484 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 56

16% more funds holding in top 10

Funds holding in top 10: 3237 (+5)

7% more capital invested

Capital invested by funds: $35.1B → $37.5B (+$2.41B)

0% more funds holding

Funds holding: 1,0921,094 (+2)

0.84% less ownership

Funds ownership: 76.73%75.89% (-0.84%)

37% less repeat investments, than reductions

Existing positions increased: 303 | Existing positions reduced: 484

57% less call options, than puts

Call options by funds: $81.1M | Put options by funds: $189M

Holders
1,094
Holders Change
+2
Holders Change %
+0.18%
% of All Funds
27.27%
Holding in Top 10
37
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+15.63%
% of All Funds
0.92%
New
70
Increased
303
Reduced
484
Closed
56
Calls
$81.1M
Puts
$189M
Net Calls
-$108M
Net Calls Change
-$129M
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
1
Northern Trust
Illinois
$4.8B -$10M -71,727 -0.2%
State Farm Mutual Automobile Insurance
2
State Farm Mutual Automobile Insurance
Illinois
$3.32B
Vanguard Group
3
Vanguard Group
Pennsylvania
$3.24B +$69.8M +500,583 +2%
BlackRock
4
BlackRock
New York
$2.93B +$156M +1,118,381 +6%
State Street
5
State Street
Massachusetts
$2.01B -$68.9M -493,946 -3%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$1.64B +$104M +747,410 +7%
Wells Fargo
7
Wells Fargo
California
$1.29B +$17.7M +126,926 +1%
Capital Research Global Investors
8
Capital Research Global Investors
California
$1.17B -$81.9K -587 -0%
JP Morgan Chase
9
JP Morgan Chase
New York
$881M -$151M -1,080,562 -15%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$788M -$105M -752,788 -12%
Norges Bank
11
Norges Bank
Norway
$602M +$8.62M +61,836 +1%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$588M -$62.7M -449,289 -10%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$562M +$65.7M +471,369 +14%
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$537M +$506M +3,628,722 +2,940%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$457M +$15.5M +110,903 +4%
Bank of America
16
Bank of America
North Carolina
$364M -$30.4M -217,645 -8%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$301M -$7.08M -50,786 -2%
Invesco
18
Invesco
Georgia
$286M -$14.6M -104,631 -5%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$270M +$1.8M +12,913 +0.7%
Goldman Sachs
20
Goldman Sachs
New York
$245M +$66.4M +476,042 +39%
Legal & General Group
21
Legal & General Group
United Kingdom
$243M +$19.4M +139,324 +9%
Morgan Stanley
22
Morgan Stanley
New York
$215M +$16.2M +115,952 +8%
PPA
23
Parametric Portfolio Associates
Washington
$198M +$95.2M +682,289 +97%
CP
24
Coho Partners
Pennsylvania
$189M +$38.3M +274,478 +26%
Franklin Resources
25
Franklin Resources
California
$186M -$7.53M -53,981 -4%

ITW Hedge Fund Activity: Q2 2017 in Review

1,094 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2017, worth a combined $37.5B — up 6.9% from $35.1B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new ITW positions and 56 closed out — a net gain of 14 holders — while 303 added to existing stakes and 484 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $506M. The largest seller was Amundi Asset Management US, exiting entirely with an estimated $152M sold.

  • 1,094 institutional investors held Illinois Tool Works (ITW) as of Q2 2017, up from 1,092 in Q1 2017.
  • Funds reported $37.5B of Illinois Tool Works stock for Q2 2017, up 6.9% quarter-over-quarter.
  • 70 funds opened new Illinois Tool Works positions in Q2 2017 and 56 closed out, a net change of +14 holders.
  • The largest Illinois Tool Works buyer in Q2 2017 was Janus Henderson Group, an estimated $506M added.
  • The largest Illinois Tool Works seller in Q2 2017 was Amundi Asset Management US, an estimated $152M sold.

Based on aggregated 13F filings for Q2 2017.