Who owns Illinois Tool Works (ITW)
Which tracked institutional funds hold ITW, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ITW company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
371 tracked funds added or opened ITW while 262 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ITW’s largest tracked holder by dollar value, Briar Hall Management LLC, sizes it at 100.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 99.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ITW divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 1868 tracked filers holding ITW, 811 increased or opened the position and 933 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ITW between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 39
- J. Goldman & Co LP$41M
- Fidelity National Financial, Inc.$21M
- Nykredit A/S$21M
- KMT WEALTH MANAGEMENT, LLC$14M
- TRUST CO OF VERMONT$11M
- Jupiter Topco LLC$10M
Full exits 114
- Amundi$300M
- DekaBank Deutsche Girozentrale$88M
- NATIXIS ADVISORS, LLC$55M
- CANADA LIFE ASSURANCE Co$55M
- NEW YORK STATE TEACHERS RETIREMENT SYSTEM$49M
- Janney Montgomery Scott LLC$45M
Largest adds
- BlackRock, Inc.$864M
- AMERIPRISE FINANCIAL INC$313M
- Briar Hall Management LLC$256M
- STATE FARM MUTUAL AUTOMOBILE INSURANCE CO$214M
- TWO SIGMA INVESTMENTS, LP$200M
- AQR CAPITAL MANAGEMENT LLC$200M
Largest trims
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$248M
- D. E. Shaw & Co., Inc.$211M
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/$162M
- BANK OF AMERICA CORP /DE/$140M
- NEUBERGER BERMAN GROUP LLC$128M
- Alecta Tjanstepension Omsesidigt$90M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Briar Hall Management LLC trimmed | 25,811,219 | $7.0B | 12.0% | 2026-Q2 |
| BlackRock, Inc. added | 23,279,289 | $6.3B | 10.8% | 2026-Q2 |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 21,029,900 | $5.7B | 9.8% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 17,483,266 | $4.7B | 8.1% | 2026-Q2 |
| STATE STREET CORP added | 12,788,570 | $3.5B | 6.0% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 11,061,411 | $3.0B | 5.2% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 7,084,318 | $1.9B | 3.3% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 6,943,927 | $1.9B | 3.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 4,899,971 | $1.3B | 2.3% | 2026-Q2 |
| Capital Research Global Investors added | 4,879,245 | $1.3B | 2.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 4,367,704 | $1.2B | 2.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 3,998,938 | $1.1B | 1.9% | 2026-Q2 |
| Fisher Asset Management, LLC added | 3,829,798 | $1.0B | 1.8% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 3,606,085 | $975M | 1.7% | 2026-Q2 |
| NORGES BANK added | 3,220,679 | $871M | 1.5% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 2,578,238 | $698M | 1.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 2,373,661 | $642M | 1.1% | 2026-Q2 |
| Invesco Ltd. added | 2,268,064 | $613M | 1.1% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 2,230,067 | $603M | 1.0% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,228,668 | $603M | 1.0% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 2,153,740 | $583M | 1.0% | 2026-Q2 |
| Legal & General Group Plc trimmed | 1,851,401 | $501M | 0.9% | 2026-Q2 |
| UBS Group AG added | 1,784,515 | $483M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,716,631 | $464M | 0.8% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 1,569,884 | $417M | 0.7% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 1,531,132 | $414M | 0.7% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,524,595 | $404M | 0.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 1,520,367 | $411M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 1,492,329 | $404M | 0.7% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,363,751 | $369M | 0.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 1,212,789 | $324M | 0.6% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,133,621 | $307M | 0.5% | 2026-Q2 |
| FMR LLC added | 1,068,097 | $289M | 0.5% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 935,408 | $253M | 0.4% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 819,855 | $222M | 0.4% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 777,597 | $210M | 0.4% | 2026-Q2 |
| Swiss National Bank trimmed | 772,240 | $209M | 0.4% | 2026-Q2 |
| National Pension Service added | 733,107 | $198M | 0.3% | 2026-Q2 |
| Cerity Partners LLC trimmed | 732,515 | $198M | 0.3% | 2026-Q2 |
| Guinness Asset Management LTD trimmed | 721,056 | $194M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 714,893 | $193M | 0.3% | 2026-Q2 |
| Nuveen, LLC trimmed | 712,135 | $193M | 0.3% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 668,224 | $181M | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 650,254 | $176M | 0.3% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 640,764 | $173M | 0.3% | 2026-Q2 |
| ProShare Advisors LLC trimmed | 636,112 | $172M | 0.3% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 618,983 | $167M | 0.3% | 2026-Q2 |
| LPL Financial LLC trimmed | 602,454 | $163M | 0.3% | 2026-Q2 |
| California Public Employees Retirement System added | 593,892 | $161M | 0.3% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 567,340 | $153M | 0.3% | 2026-Q2 |
| BARCLAYS PLC trimmed | 561,485 | $152M | 0.3% | 2026-Q2 |
| Bahl & Gaynor LLC trimmed | 557,870 | $151M | 0.3% | 2026-Q2 |
| Corient Private Wealth LP added | 525,151 | $142M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 504,251 | $136M | 0.2% | 2026-Q2 |
| Quantinno Capital Management LP added | 466,292 | $126M | 0.2% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 461,433 | $125M | 0.2% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 454,248 | $123M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 416,213 | $113M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 409,021 | $111M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 404,963 | $110M | 0.2% | 2026-Q2 |
| Fenimore Asset Management Inc added | 392,941 | $106M | 0.2% | 2026-Q2 |
| Empower Advisory Group, LLC added | 391,313 | $106M | 0.2% | 2026-Q2 |
| Caisse de depot et placement du Quebec trimmed | 383,412 | $104M | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 381,160 | $103M | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 381,072 | $103M | 0.2% | 2026-Q2 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 380,228 | $103M | 0.2% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 375,221 | $101M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 371,114 | $100M | 0.2% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL trimmed | 358,826 | $97M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp added | 353,343 | $96M | 0.2% | 2026-Q2 |
| PFA Pension, Forsikringsaktieselskab added | 353,261 | $96M | 0.2% | 2026-Q2 |
| ROYAL LONDON ASSET MANAGEMENT LTD trimmed | 341,491 | $92M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 333,561 | $90M | 0.2% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 330,017 | $89M | 0.2% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 328,417 | $89M | 0.2% | 2026-Q2 |
| Markel Group Inc. | 327,500 | $89M | 0.2% | 2026-Q2 |
| JOHNSON INVESTMENT COUNSEL INC added | 325,801 | $88M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 324,423 | $88M | 0.2% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 315,220 | $85M | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 313,351 | $85M | 0.1% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 312,670 | $85M | 0.1% | 2026-Q2 |
| SATURNA CAPITAL CORP added | 306,584 | $83M | 0.1% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 282,328 | $76M | 0.1% | 2026-Q2 |
| J. Safra Sarasin Holding AG added | 275,565 | $65M | 0.1% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 269,368 | $73M | 0.1% | 2026-Q2 |
| Aberdeen Group plc added | 264,060 | $71M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 258,138 | $67M | 0.1% | 2026-Q2 |
| GLENMEDE TRUST CO NA trimmed | 253,032 | $68M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 251,209 | $68M | 0.1% | 2026-Q2 |
| Alecta Tjanstepension Omsesidigt trimmed | 247,600 | $67M | 0.1% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT CO LTD trimmed | 245,808 | $66M | 0.1% | 2026-Q2 |
| PINEBRIDGE INVESTMENTS LLC trimmed | 243,244 | $66M | 0.1% | 2026-Q2 |
| AVIVA PLC trimmed | 243,167 | $66M | 0.1% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 240,472 | $65M | 0.1% | 2026-Q2 |
| 1832 Asset Management L.P. added | 238,387 | $64M | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 237,283 | $64M | 0.1% | 2026-Q2 |
| STOREBRAND ASSET MANAGEMENT AS added | 220,640 | $60M | 0.1% | 2026-Q2 |
| TEACHER RETIREMENT SYSTEM OF TEXAS added | 215,826 | $58M | 0.1% | 2026-Q2 |
| Mariner, LLC added | 211,897 | $57M | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 208,850 | $56M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.