ILLINOIS TOOL WKS INC ITW
COM · Common Stock · CUSIP 452308109 · ISIN US4523081093
Company that produces engineered fasteners and components, equipment and consumable systems, and specialty products
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($206.8m this quarter). Holder counts are more reliable. Shares outstanding: 284.8m as of 2026-06-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $270.32. Options: 20 managers hold calls ($225.2m notional), 14 hold puts ($66.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,467 |
| Q4 2022 | 1,591 |
| Q1 2023 | 1,628 |
| Q2 2023 | 1,645 |
| Q3 2023 | 1,630 |
| Q4 2023 | 1,755 |
| Q1 2024 | 1,793 |
| Q2 2024 | 1,731 |
| Q3 2024 | 1,754 |
| Q4 2024 | 1,844 |
| Q1 2025 | 1,852 |
| Q2 2025 | 1,852 |
| Q3 2025 | 1,845 |
| Q4 2025 | 1,895 |
| Q1 2026 | 1,947 |
| Q2 2026 | 1,965 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 703 | 772 |
| Q4 2024 | 725 | 730 |
| Q1 2025 | 747 | 816 |
| Q2 2025 | 738 | 807 |
| Q3 2025 | 737 | 781 |
| Q4 2025 | 669 | 894 |
| Q1 2026 | 804 | 823 |
| Q2 2026 | 815 | 854 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $228.6m | $52.6m | 0.23 |
| Q4 2025 | $81.4m | $29.6m | 0.36 |
| Q1 2026 | $214.2m | $101.3m | 0.47 |
| Q2 2026 | $225.2m | $66.3m | 0.29 |
Biggest buyers
| AMERIPRISE FINANCIAL INC | Added | +1.1m |
| AQR CAPITAL MANAGEMENT LLC | Added | +726.4k |
| TWO SIGMA INVESTMENTS, LP | Added | +685.7k |
| ROYAL BANK OF CANADA | Added | +360.9k |
| GOLDMAN SACHS GROUP INC | Added | +360.9k |
| PFA Pension, Forsikringsaktieselskab | Added | +328.8k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +277.7k |
| Corient Private Wealth LP | Added | +270.9k |
| HighTower Advisors, LLC | Added | +264.3k |
| SG Americas Securities, LLC | Added | +225.7k |
Biggest sellers
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -1.0m |
| D. E. Shaw & Co., Inc. | Reduced | -819.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -731.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -632.0k |
| MORGAN STANLEY | Reduced | -504.3k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -497.2k |
| Alecta Tjanstepension Omsesidigt | Reduced | -355.9k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -278.7k |
| WELLS FARGO & COMPANY/MN | Reduced | -266.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -200.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $61.2m226.3k shares |
| CITADEL ADVISORS LLC | Added | $35.0m129.5k shares |
| Oribel Capital Management, LP | Added | $29.5m109.2k shares |
| JANE STREET GROUP, LLC | Reduced | $21.4m79.2k shares |
| PEAK6 LLC | Reduced | $21.3m78.6k shares |
| Walleye Trading LLC | Added | $19.3m71.4k shares |
| IMC-Chicago, LLC | Reduced | $17.7m65.5k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $8.1m30.0k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | $3.0m11.2k shares |
| Allianz Asset Management GmbH | Reduced | $2.1m7.9k shares |
Biggest puts
| PEAK6 LLC | Reduced | $27.0m99.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.6m54.0k shares |
| IMC-Chicago, LLC | Reduced | $6.7m24.8k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $4.7m17.2k shares |
| Allianz Asset Management GmbH | Reduced | $3.8m14.2k shares |
| Walleye Trading LLC | Reduced | $2.0m7.3k shares |
| JANE STREET GROUP, LLC | Reduced | $1.9m7.2k shares |
| CITADEL ADVISORS LLC | Reduced | $1.5m5.6k shares |
| Walleye Capital LLC | Added | $1.4m5.3k shares |
| Planned Solutions, Inc. | Reduced | $1.4m5.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Briar Hall Management LLC 13G · institution +0.2 pts · filed 2026-02-13 | 8.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 1 | $174.8k | 1 | $3.2m | — |
| Q1 2025 | 0 | — | 3 | $62.4m | — |
| Q2 2025 | 1 | $210.3k | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $1.8m | — |
| Q4 2025 | 1 | $1.7m | 1 | $373.0k | — |
| Q1 2026 | 0 | — | 3 | $55.0m | — |
| Q2 2026 | 1 | $199.9k | 0 | — | — |
| Q3 2026 | 0 | — | 2 | $12.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-19 | SANTI ERNEST SCOTT Director | Sold | $11.9m41.4k shares |
| 2026-08-13 | Pigozzo Matteo C. VP & Chief Accounting Officer | Sold | $80.1k277 shares |
| 2026-06-02 | Scanlon Jennifer F. Director | Bought | $199.9k806 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Briar Hall Management LLC 100.00% of their portfolio | 25.8m $7.0bn | Reduced -24.3k |
| BlackRock, Inc. 0.09% of their portfolio | 23.3m $6.3bn | Reduced -94.4k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 3.89% of their portfolio | 21.0m $5.7bn | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 17.5m $4.7bn | Added +56.0k |
| STATE STREET CORP 0.10% of their portfolio | 12.8m $3.5bn | Added +128.1k |
| NORTHERN TRUST CORP 0.35% of their portfolio | 11.1m $3.0bn | Reduced -140.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 7.1m $1.9bn | Added +25.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.08% of their portfolio | 6.9m $1.9bn | Added +148.2k |
| MORGAN STANLEY 0.07% of their portfolio | 4.9m $1.3bn | Reduced -504.3k |
| Capital Research Global Investors 0.18% of their portfolio | 4.9m $1.3bn | Added +121.0k |
| WELLS FARGO & COMPANY/MN 0.21% of their portfolio | 4.4m $1.2bn | Reduced -266.1k |
| GOLDMAN SACHS GROUP INC 0.11% of their portfolio | 4.0m $1.1bn | Added +360.9k |
| Fisher Asset Management, LLC 0.31% of their portfolio | 3.8m $1.0bn | Added +58.3k |
| AMERIPRISE FINANCIAL INC 0.20% of their portfolio | 3.6m $975.5m | Added +1.1m |
| NORGES BANK 0.09% of their portfolio | 3.2m $871.1m | Not comparable |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.22% of their portfolio | 2.6m $698.1m | Reduced -731.8k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 2.4m $642.0m | Reduced -632.0k |
| Invesco Ltd. 0.05% of their portfolio | 2.3m $613.4m | Added +93.6k |
| Bank of New York Mellon Corp 0.10% of their portfolio | 2.2m $603.2m | Reduced -65.7k |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 2.2m $602.8m | Added +183.7k |
| TWO SIGMA INVESTMENTS, LP 0.44% of their portfolio | 2.2m $582.5m | Added +685.7k |
| Legal & General Group Plc 0.10% of their portfolio | 1.9m $500.7m | Reduced -85.2k |
| UBS Group AG 0.08% of their portfolio | 1.8m $482.7m | Added +184.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 1.7m $464.3m | Reduced -1.0m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.30% of their portfolio | 1.6m $417.4m | Reduced -59.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 1.5m $414.1m | Reduced -200.8k |
| AQR CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 1.5m $404.0m | Added +726.4k |
| STIFEL FINANCIAL CORP 0.34% of their portfolio | 1.5m $411.2m | Reduced -63.7k |
| VANGUARD FIDUCIARY TRUST CO 0.09% of their portfolio | 1.5m $403.6m | Reduced -8.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio | 1.4m $368.9m | Added +20.0k |
| Amundi 0.08% of their portfolio | 1.2m $336.1m | Added +91.6k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 1.2m $324.4m | Added +129.5k |
| ROYAL BANK OF CANADA 0.05% of their portfolio | 1.1m $306.6m | Added +360.9k |
| FMR LLC 0.01% of their portfolio | 1.1m $288.9m | Added +68.1k |
| PNC Financial Services Group, Inc. 0.13% of their portfolio | 935.4k $253.0m | Reduced -7.0k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 819.9k $221.7m | Added +24.9k |
| HSBC HOLDINGS PLC 0.10% of their portfolio | 777.6k $210.0m | Reduced -16.8k |
| Swiss National Bank 0.11% of their portfolio | 772.2k $208.9m | Reduced -36.6k |
| National Pension Service 0.13% of their portfolio | 733.1k $198.3m | Added +17.9k |
| Cerity Partners LLC 0.24% of their portfolio | 732.5k $198.1m | Reduced -27.8k |
| Guinness Asset Management LTD 3.29% of their portfolio | 721.1k $194.2m | Reduced -42.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio | 714.9k $193.4m | Added +277.7k |
| Nuveen, LLC 0.05% of their portfolio | 712.1k $192.6m | Reduced -50.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.10% of their portfolio | 668.2k $180.7m | Added +40.3k |
| RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio | 650.3k $175.9m | Reduced -43.4k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.12% of their portfolio | 640.8k $173.3m | Added +57.2k |
| ProShare Advisors LLC 0.25% of their portfolio | 636.1k $172.0m | Reduced -39.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio | 619.0k $167.4m | Reduced -9.8k |
| LPL Financial LLC 0.04% of their portfolio | 602.5k $162.9m | Reduced -114 |
| California Public Employees Retirement System 0.09% of their portfolio | 593.9k $160.6m | Added +79.9k |
| Vanguard Global Advisers, LLC 0.07% of their portfolio | 567.3k $153.4m | Reduced -8.9k |
| BARCLAYS PLC 0.05% of their portfolio | 561.5k $151.9m | Reduced -99.8k |
| Bahl & Gaynor LLC 0.70% of their portfolio | 557.9k $150.9m | Reduced -45.2k |
| Corient Private Wealth LP 0.19% of their portfolio | 517.4k $139.9m | Added +270.9k |
| RHUMBLINE ADVISERS 0.10% of their portfolio | 504.3k $136.4m | Reduced -4.7k |
| Quantinno Capital Management LP 0.15% of their portfolio | 466.3k $126.1m | Added +189.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.53% of their portfolio | 461.4k $124.8m | Reduced -122.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.12% of their portfolio | 454.2k $122.9m | Added +25.9k |
| HighTower Advisors, LLC 0.11% of their portfolio | 419.5k $113.4m | Added +264.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 416.2k $112.6m | Reduced -35.9k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 409.0k $110.6m | Reduced -8.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 405.0k $109.5m | Reduced -56.7k |
| Fenimore Asset Management Inc 2.20% of their portfolio | 392.9k $106.3m | Added +3.4k |
| Empower Advisory Group, LLC 0.25% of their portfolio | 391.3k $105.8m | Added +4.7k |
| Caisse de depot et placement du Quebec 0.15% of their portfolio | 383.4k $103.7m | Reduced -176.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.14% of their portfolio | 381.2k $103.1m | Reduced -278.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 381.1k $103.1m | Added +6.0k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.35% of their portfolio | 380.2k $102.8m | Added +3.5k |
| Squarepoint Ops LLC 0.20% of their portfolio | 375.2k $101.5m | Reduced -33.5k |
| CITIGROUP INC 0.05% of their portfolio | 371.1k $100.4m | Added +77.7k |
| BLAIR WILLIAM & CO/IL 0.25% of their portfolio | 358.8k $97.1m | Reduced -1.5k |
| Mitsubishi UFJ Trust & Banking Corp 0.21% of their portfolio | 353.3k $95.6m | Added +8.1k |
| PFA Pension, Forsikringsaktieselskab 0.24% of their portfolio | 353.3k $95.5m | Added +328.8k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.17% of their portfolio | 341.5k $92.4m | Reduced -1.5k |
| DekaBank Deutsche Girozentrale 0.15% of their portfolio | 337.3k $86.1m | Unchanged |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 333.6k $90.2m | Reduced -129.7k |
| Pictet Asset Management Holding SA 0.09% of their portfolio | 330.0k $89.3m | Reduced -48.9k |
| MARSHALL WACE, LLP 0.07% of their portfolio | 328.4k $88.8m | Reduced -168.0k |
| Markel Group Inc. 0.67% of their portfolio | 327.5k $88.6m | Unchanged |
| JOHNSON INVESTMENT COUNSEL INC 0.64% of their portfolio | 325.8k $88.1m | Added +4.4k |
| FIFTH THIRD BANCORP 0.14% of their portfolio | 324.4k $87.7m | Reduced -4.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.11% of their portfolio | 315.2k $85.3m | Reduced -23.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 313.4k $84.8m | Reduced -18.6k |
| NATIONAL BANK OF CANADA /FI/ 0.07% of their portfolio | 312.7k $84.6m | Added +116.1k |
| SATURNA CAPITAL CORP 1.01% of their portfolio | 306.6k $82.9m | Added +372 |
| SG Americas Securities, LLC 0.05% of their portfolio | 294.2k $79.6m | Added +225.7k |
| Baird Financial Group, Inc. 0.10% of their portfolio | 282.3k $76.4m | Reduced -14.9k |
| J. Safra Sarasin Holding AG 0.93% of their portfolio | 275.6k $65.1m | Added +23.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.10% of their portfolio | 269.4k $72.9m | Reduced -132.1k |
| Aberdeen Group plc 0.10% of their portfolio | 264.1k $71.4m | Added +11.5k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 258.1k $67.2m | Reduced -7.3k |
| GLENMEDE TRUST CO NA 0.30% of their portfolio | 253.0k $68.4m | Reduced -2.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.11% of their portfolio | 251.2k $67.9m | Reduced -8.1k |
| Alecta Tjanstepension Omsesidigt 0.28% of their portfolio | 247.6k $67.0m | Reduced -355.9k |
| NOMURA ASSET MANAGEMENT CO LTD 0.14% of their portfolio | 245.8k $66.5m | Reduced -4.7k |
| PINEBRIDGE INVESTMENTS LLC 0.54% of their portfolio | 243.2k $65.8m | Reduced -19.6k |
| AVIVA PLC 0.10% of their portfolio | 243.2k $65.8m | Reduced -1.5k |
| US BANCORP \DE\ 0.07% of their portfolio | 240.5k $65.0m | Reduced -7.9k |
| 1832 Asset Management L.P. 0.08% of their portfolio | 238.4k $64.5m | Added +50 |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 237.3k $64.2m | Reduced -140.8k |