Illinois Tool Works
1,248 hedge funds and large institutions have $41.7B invested in Illinois Tool Works in 2018 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 351 increasing their positions, 555 reducing their positions, and 78 closing their positions.
14% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 78
0.84% more ownership
Funds ownership: 77.66% → 78.5% (+0.84%)
0% more funds holding
Funds holding: 1,248 → 1,248 (0)
6% less capital invested
Capital invested by funds: $44.4B → $41.7B (-$2.68B)
13% less funds holding in top 10
Funds holding in top 10: 45 → 39 (-6)
21% less call options, than puts
Call options by funds: $128M | Put options by funds: $163M
37% less repeat investments, than reductions
Existing positions increased: 351 | Existing positions reduced: 555
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$513M |
| 2 |
O
OppenheimerFunds
New York
|
+$203M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$196M |
| 4 |
BlackRock
New York
|
+$145M |
| 5 |
Goldman Sachs
New York
|
+$123M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$472M |
| 2 |
State Street
Boston,
Massachusetts
|
-$102M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$85.3M |
| 4 |
Cerity Partners
New York
|
-$85M |
| 5 |
CP
Coho Partners
Berwyn,
Pennsylvania
|
-$68.1M |
ITW Hedge Fund Activity: Q1 2018 in Review
1,248 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2018, worth a combined $41.7B — down 6% from $44.4B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new ITW positions and 78 closed out — a net gain of 11 holders — while 351 added to existing stakes and 555 trimmed.
The largest buyer was Bank of America, adding an estimated $513M. The largest seller was T. Rowe Price Associates, cutting an estimated $472M.
- 1,248 institutional investors held Illinois Tool Works (ITW) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $41.7B of Illinois Tool Works stock for Q1 2018, down 6% quarter-over-quarter.
- 89 funds opened new Illinois Tool Works positions in Q1 2018 and 78 closed out, a net change of +11 holders.
- The largest Illinois Tool Works buyer in Q1 2018 was Bank of America, an estimated $513M added.
- The largest Illinois Tool Works seller in Q1 2018 was T. Rowe Price Associates, an estimated $472M sold.
Based on aggregated 13F filings for Q1 2018.