Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Illinois Tool Wks Inc (ITW)

2K + Investors. Track Smart Money conviction in ITW. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +59
Streak
2Q ▲
Buyers last Q
50%

Smart Money Signals — ITW

Based on 1934 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ITW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,934 hedge funds hold ITW right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+119 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

842 buying856 selling
Last quarter: 842 funds bought or added vs 856 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-25 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 150 → 132 → 219 → 194. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

72% of holders stayed for 2+ years

■ 72% conviction (2yr+) ■ 15% medium ■ 13% new
1,389 out of 1,934 hedge funds have held ITW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

155 → 150 → 132 → 219 → 194 new funds/Q
New funds entering each quarter: 150 → 132 → 219 → 194. A growing number of institutions are discovering ITW each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 74% veterans vs 17% newcomers

■ 74% veterans ■ 9% 1-2yr ■ 17% new
Entry-cohort mix of 1,960 holders: 1,452 (74%) are 2+ year veterans, 184 entered 1–2 years ago, and 324 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
68 of 1929 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in ITW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ITW

In 2026 Q1, 842 hedge funds were net buyers of ITW (194 opened a new position, 648 added to an existing one), while 856 reduced or exited (721 trimmed, 135 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 50% of total institutional value in ITW is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +59 funds (more new holders than closures). Total institutional holders: 1934.

Hedge Fund Ownership: ITW

How many hedge funds hold ITW — quarterly history vs. share price
Quarterly hedge fund ownership of ITW vs. share price

Market Analysis: ITW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ITW

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Illinois Tool Wks Inc (ITW) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ITW has moved relative to its sector benchmark (XLI) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 84d ago
ITW
+1.3%
XLI
+11.0%

ITW outperformed XLI by -9.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
ITW
+6.5%
XLI
+4.7%

Since the filing became public, ITW outperformed XLI by +1.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

88 top-rated funds 5 high-conviction
Consensus
8.5
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: ITW
2K + Investors

Track Smart Money conviction in ITW. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1917 1875 2.24%
13F Shares 240M 245M -1.95%
Total Value $61.68B $59.86B 3.03%
New Positions 190 219 -29
Increased Positions 641 552 +89
Closed Positions 148 160 -12
Reduced Positions 703 754 -51
Total Calls 14 10 40.0%
Total Puts 16 12 33.33%
PUT/CALL Ratio 1.14 1.2 Neutral

Statistics: ITW

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ITW. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ITW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Briar Hall Management LLC 100.00% 25,835,543 $6.72B
2 Regents Gate Capital LLP 5.18% 93,388 $24.3M
3 Coerente Capital Management 5.10% 105,243 $27.4M
4 State Farm Mutual Automobile Insurance Co 4.31% 21,029,900 $5.47B
5 Mcdaniel Terry & Co 4.09% 185,018 $48.2M
6 Long Road Investment Counsel, LLC 3.94% 38,606 $10.0M
7 Borer Denton & Associates, Inc. 3.69% 39,712 $10.3M
8 Eliot Finkel Investment Counsel, LLC 3.67% 25,940 $6.8M
9 Windle Wealth, LLC 3.48% 31,601 $8.2M
10 Guinness Asset Management LTD 3.41% 763,107 $198.0M
11 Compass Capital Management, Inc 3.23% 205,582 $53.5M
12 M. Kraus & Co 2.84% 37,412 $9.7M
13 Chronos Wealth Management, LLC 2.66% 21,123 $5.5M
14 DLK Investment Management, LLC 2.60% 25,235 $6.6M
15 Grandfield & Dodd, LLC 2.40% 163,248 $42.5M
16 Ramsay, Stattman, Vela & Price, Inc. 2.31% 44,994 $11.7M
17 Fenimore Asset Management Inc 2.26% 389,511 $101.4M
18 Bontempo Ohly Capital Mgmt LLC 2.20% 18,704 $4.9M
19 Hamel Associates, INC. 2.18% 29,290 $7.6M
20 Tradewinds, LLC. 2.11% 25,619 $6.5M
21 Thomas Story & Son LLC 2.10% 21,050 $5.5M
22 Shelter Mutual Insurance Co 2.07% 35,840 $9.3M
23 Integras Partners LLC 2.02% 11,791 $3.1M
24 Sagewood Asset Management LP 1.95% 23,867 $6.2M
25 Loudon Investment Management, LLC 1.92% 13,680 $3.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Illinois Tool Wks Inc (ITW)

What does the Smart Money Trend signal show for ITW?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ITW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ITW?

Slight buying edge — 50% buying: Last quarter: 842 funds bought or added vs 856 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ITW holders?

Elite ownership — 50% AUM from top-100 funds: 68 of 1929 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in ITW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ITW?

72% of holders stayed for 2+ years: 1,389 out of 1,934 hedge funds have held ITW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Illinois Tool Wks Inc (ITW) following the 2026 Q1 hedge fund 13F filings?

As of today, ITW has moved +6.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.7% for the XLI sector ETF — an outperformance of +1.8%. Since the quarter end (March 31, 2026), ITW has gained +1.3% vs +11.0% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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