Illinois Tool Works
1,464 hedge funds and large institutions have $50.6B invested in Illinois Tool Works in 2020 Q4 according to their latest regulatory filings, with 173 funds opening new positions, 488 increasing their positions, 525 reducing their positions, and 62 closing their positions.
179% more first-time investments, than exits
New positions opened: 173 | Existing positions closed: 62
44% more call options, than puts
Call options by funds: $228M | Put options by funds: $158M
7% more funds holding
Funds holding: 1,371 → 1,464 (+93)
5% more capital invested
Capital invested by funds: $48.3B → $50.6B (+$2.33B)
0.65% less ownership
Funds ownership: 79% → 78.35% (-0.65%)
7% less repeat investments, than reductions
Existing positions increased: 488 | Existing positions reduced: 525
29% less funds holding in top 10
Funds holding in top 10: 34 → 24 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$147M |
| 2 |
Millennium Management
New York
|
+$145M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$135M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$62M |
| 5 |
D.E. Shaw & Co
New York
|
+$48.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$264M |
| 2 |
BlackRock
New York
|
-$237M |
| 3 |
Morgan Stanley
New York
|
-$104M |
| 4 |
Bank of New York Mellon
New York
|
-$97.3M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$96.3M |
ITW Hedge Fund Activity: Q4 2020 in Review
1,464 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q4 2020, worth a combined $50.6B — up 4.8% from $48.3B a quarter earlier.
Buyers outnumbered sellers: 173 funds opened new ITW positions and 62 closed out — a net gain of 111 holders — while 488 added to existing stakes and 525 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $147M. The largest seller was Capital World Investors, cutting an estimated $264M.
- 1,464 institutional investors held Illinois Tool Works (ITW) as of Q4 2020, up from 1,371 in Q3 2020.
- Funds reported $50.6B of Illinois Tool Works stock for Q4 2020, up 4.8% quarter-over-quarter.
- 173 funds opened new Illinois Tool Works positions in Q4 2020 and 62 closed out, a net change of +111 holders.
- The largest Illinois Tool Works buyer in Q4 2020 was Fidelity Investments, an estimated $147M added.
- The largest Illinois Tool Works seller in Q4 2020 was Capital World Investors, an estimated $264M sold.
Based on aggregated 13F filings for Q4 2020.