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Illinois Tool Works

1,848 hedge funds and large institutions have $59.8B invested in Illinois Tool Works in 2025 Q2 according to their latest regulatory filings, with 133 funds opening new positions, 625 increasing their positions, 700 reducing their positions, and 109 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more call options, than puts

Call options by funds: $103M | Put options by funds: $56.1M

22% more first-time investments, than exits

New positions opened: 133 | Existing positions closed: 109

0% more funds holding

Funds holding: 1,8461,848 (+2)

1% less capital invested

Capital invested by funds: $60.3B → $59.8B (-$423M)

0.71% less ownership

Funds ownership: 83.3%82.59% (-0.71%)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

11% less repeat investments, than reductions

Existing positions increased: 625 | Existing positions reduced: 700

Holders
1,848
Holders Change
+2
Holders Change %
+0.11%
% of All Funds
24.33%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.14%
New
133
Increased
625
Reduced
700
Closed
109
Calls
$103M
Puts
$56.1M
Net Calls
+$46.4M
Net Calls Change
-$124M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$6.61B +$81.2M +335,955 +1%
BHM
2
Briar Hall Management
Tennessee
$6.39B
BlackRock
3
BlackRock
New York
$5.37B +$175M +723,760 +3%
State Farm Mutual Automobile Insurance
4
State Farm Mutual Automobile Insurance
Illinois
$5.2B
State Street
5
State Street
Massachusetts
$3.1B +$26.3M +108,919 +0.9%
Northern Trust
6
Northern Trust
Illinois
$2.97B -$38.8M -160,763 -1%
Wells Fargo
7
Wells Fargo
California
$1.7B -$25.9M -107,356 -2%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.67B +$29.7M +122,990 +2%
Morgan Stanley
9
Morgan Stanley
New York
$1.13B -$70.2M -290,499 -6%
Capital Research Global Investors
10
Capital Research Global Investors
California
$1.08B +$30M +124,166 +3%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$939M +$101M +415,982 +12%
Fisher Asset Management
12
Fisher Asset Management
Washington
$889M +$19.5M +80,527 +2%
Bank of America
13
Bank of America
North Carolina
$852M +$63.7M +263,493 +8%
Norges Bank
14
Norges Bank
Norway
$822M +$28.6M +118,403 +4%
Goldman Sachs
15
Goldman Sachs
New York
$765M -$60M -248,443 -7%
Ameriprise
16
Ameriprise
Minnesota
$632M +$6.95M +28,762 +1%
Charles Schwab
17
Charles Schwab
California
$628M +$3.03M +12,558 +0.5%
UBS AM
18
UBS AM
Illinois
$592M +$78M +322,730 +16%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$575M -$29.6M -122,432 -5%
Invesco
20
Invesco
Georgia
$549M +$44.8M +185,416 +9%
Legal & General Group
21
Legal & General Group
United Kingdom
$483M -$27.7M -114,800 -6%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$444M +$9.53M +39,456 +2%
Stifel Financial
23
Stifel Financial
Missouri
$433M +$2M +8,284 +0.5%
Schroder Investment Management Group
24
Schroder Investment Management Group
United Kingdom
$389M -$31.3M -129,605 -8%
Arrowstreet Capital
25
Arrowstreet Capital
Massachusetts
$357M -$2.68M -11,106 -0.8%

ITW Hedge Fund Activity: Q2 2025 in Review

1,848 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q2 2025, worth a combined $59.8B — down 0.7% from $60.3B a quarter earlier.

Buyers outnumbered sellers: 133 funds opened new ITW positions and 109 closed out — a net gain of 24 holders — while 625 added to existing stakes and 700 trimmed.

The largest buyer was BlackRock, adding an estimated $175M. The largest seller was Auto-Owners Insurance, cutting an estimated $345M.

  • 1,848 institutional investors held Illinois Tool Works (ITW) as of Q2 2025, up from 1,846 in Q1 2025.
  • Funds reported $59.8B of Illinois Tool Works stock for Q2 2025, down 0.7% quarter-over-quarter.
  • 133 funds opened new Illinois Tool Works positions in Q2 2025 and 109 closed out, a net change of +24 holders.
  • The largest Illinois Tool Works buyer in Q2 2025 was BlackRock, an estimated $175M added.
  • The largest Illinois Tool Works seller in Q2 2025 was Auto-Owners Insurance, an estimated $345M sold.

Based on aggregated 13F filings for Q2 2025.