Illinois Tool Works
1,753 hedge funds and large institutions have $63.6B invested in Illinois Tool Works in 2023 Q4 according to their latest regulatory filings, with 238 funds opening new positions, 512 increasing their positions, 665 reducing their positions, and 86 closing their positions.
177% more first-time investments, than exits
New positions opened: 238 | Existing positions closed: 86
56% more funds holding in top 10
Funds holding in top 10: 16 → 25 (+9)
28% more call options, than puts
Call options by funds: $153M | Put options by funds: $120M
13% more capital invested
Capital invested by funds: $56.5B → $63.6B (+$7.13B)
8% more funds holding
Funds holding: 1,623 → 1,753 (+130)
0.32% less ownership
Funds ownership: 81.08% → 80.77% (-0.32%)
23% less repeat investments, than reductions
Existing positions increased: 512 | Existing positions reduced: 665
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$162M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
+$83.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$68.8M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$68.6M |
| 5 |
Goldman Sachs
New York
|
+$65.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$293M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$287M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$184M |
| 4 |
Neuberger Berman Group
New York
|
-$124M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$111M |
ITW Hedge Fund Activity: Q4 2023 in Review
1,753 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q4 2023, worth a combined $63.6B — up 13% from $56.5B a quarter earlier.
Buyers outnumbered sellers: 238 funds opened new ITW positions and 86 closed out — a net gain of 152 holders — while 512 added to existing stakes and 665 trimmed.
The largest buyer was Alecta Tjanstepension Omsesidigt, adding an estimated $162M. The largest seller was Capital Research Global Investors, cutting an estimated $293M.
- 1,753 institutional investors held Illinois Tool Works (ITW) as of Q4 2023, up from 1,623 in Q3 2023.
- Funds reported $63.6B of Illinois Tool Works stock for Q4 2023, up 13% quarter-over-quarter.
- 238 funds opened new Illinois Tool Works positions in Q4 2023 and 86 closed out, a net change of +152 holders.
- The largest Illinois Tool Works buyer in Q4 2023 was Alecta Tjanstepension Omsesidigt, an estimated $162M added.
- The largest Illinois Tool Works seller in Q4 2023 was Capital Research Global Investors, an estimated $293M sold.
Based on aggregated 13F filings for Q4 2023.