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Illinois Tool Works

1,321 hedge funds and large institutions have $44B invested in Illinois Tool Works in 2020 Q2 according to their latest regulatory filings, with 139 funds opening new positions, 378 increasing their positions, 558 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 139 | Existing positions closed: 71

22% more capital invested

Capital invested by funds: $36.1B → $44B (+$7.86B)

12% more call options, than puts

Call options by funds: $153M | Put options by funds: $137M

12% more funds holding in top 10

Funds holding in top 10: 2629 (+3)

4% more funds holding

Funds holding: 1,2661,321 (+55)

0.04% less ownership

Funds ownership: 79.68%79.64% (-0.04%)

32% less repeat investments, than reductions

Existing positions increased: 378 | Existing positions reduced: 558

Holders
1,321
Holders Change
+55
Holders Change %
+4.34%
% of All Funds
27.09%
Holding in Top 10
29
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+11.54%
% of All Funds
0.59%
New
139
Increased
378
Reduced
558
Closed
71
Calls
$153M
Puts
$137M
Net Calls
+$16.2M
Net Calls Change
+$95.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.55B -$246M -1,506,725 -5%
BHM
2
Briar Hall Management
Tennessee
$4.52B +$1.8M +11,000 +0%
BlackRock
3
BlackRock
New York
$3.92B +$126M +772,245 +4%
State Farm Mutual Automobile Insurance
4
State Farm Mutual Automobile Insurance
Illinois
$3.81B
State Street
5
State Street
Massachusetts
$2.33B -$33.5M -205,159 -2%
Northern Trust
6
Northern Trust
Illinois
$2.26B -$32.7M -200,250 -2%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$1.35B -$205M -1,255,667 -14%
Wells Fargo
8
Wells Fargo
California
$1.31B -$4.26M -26,090 -0.3%
Capital Research Global Investors
9
Capital Research Global Investors
California
$1.07B +$160M +978,936 +19%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$824M -$32.1M -196,494 -4%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$732M +$71.5M +438,056 +12%
Norges Bank
12
Norges Bank
Norway
$663M +$25.7M +157,406 +4%
Bank of America
13
Bank of America
North Carolina
$648M -$37.9M -232,258 -6%
JP Morgan Chase
14
JP Morgan Chase
New York
$603M -$68.6M -420,001 -11%
Capital World Investors
15
Capital World Investors
California
$523M -$130M -794,000 -21%
Charles Schwab
16
Charles Schwab
California
$504M -$204M -1,248,386 -30%
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$394M -$18.4M -112,732 -5%
Legal & General Group
18
Legal & General Group
United Kingdom
$392M -$9.28M -56,811 -2%
Goldman Sachs
19
Goldman Sachs
New York
$345M +$60M +367,413 +23%
Flossbach Von Storch
20
Flossbach Von Storch
Germany
$330M +$137M +841,825 +80%
AAMU
21
Amundi Asset Management US
Massachusetts
$297M +$106M +649,873 +62%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$280M +$70M +428,601 +36%
PPA
23
Parametric Portfolio Associates
Washington
$262M +$10M +61,215 +4%
UBS AM
24
UBS AM
Illinois
$247M -$13.7M -83,754 -6%
Cerity Partners
25
Cerity Partners
New York
$246M +$3.67M +22,451 +2%

ITW Hedge Fund Activity: Q2 2020 in Review

1,321 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2020, worth a combined $44B — up 22% from $36.1B a quarter earlier.

Buyers outnumbered sellers: 139 funds opened new ITW positions and 71 closed out — a net gain of 68 holders — while 378 added to existing stakes and 558 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $160M. The largest seller was Vanguard Group, cutting an estimated $246M.

  • 1,321 institutional investors held Illinois Tool Works (ITW) as of Q2 2020, up from 1,266 in Q1 2020.
  • Funds reported $44B of Illinois Tool Works stock for Q2 2020, up 22% quarter-over-quarter.
  • 139 funds opened new Illinois Tool Works positions in Q2 2020 and 71 closed out, a net change of +68 holders.
  • The largest Illinois Tool Works buyer in Q2 2020 was Capital Research Global Investors, an estimated $160M added.
  • The largest Illinois Tool Works seller in Q2 2020 was Vanguard Group, an estimated $246M sold.

Based on aggregated 13F filings for Q2 2020.