TEXTRON INC TXT
COM · Common Stock · CUSIP 883203101 · ISIN US8832031012
American industrial conglomerate
- SectorIndustrials
- IndustryAircraft & Parts
- HeadquartersProvidence, RI
- Founded1923
- Websitetextron.com
- FilingsSEC EDGAR
* 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 ($59.2m this quarter). Holder counts are more reliable. Shares outstanding: 205.2m as of 2023-02-04, 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 ≈ $70.65. Options: 12 managers hold calls ($74.5m notional), 14 hold puts ($57.7m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 508 |
| Q4 2022 | 565 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $51.3m | $18.3m | 0.36 |
| Q4 2022 | $74.5m | $57.7m | 0.77 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +2.2m |
| Man Group plc | New | +910.6k |
| BlackRock Inc. | Added | +849.5k |
| NATIONAL BANK OF CANADA /FI/ | Added | +635.4k |
| BANK OF AMERICA CORP /DE/ | Added | +397.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +367.7k |
| CITADEL ADVISORS LLC | Added | +307.6k |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Added | +259.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +246.4k |
| MORGAN STANLEY | Added | +236.4k |
Biggest sellers
| T. Rowe Price Investment Management, Inc. | Reduced | -3.0m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -2.4m |
| Invesco Ltd. | Reduced | -1.9m |
| Nuveen Asset Management, LLC | Reduced | -1.0m |
| Balyasny Asset Management L.P. | Reduced | -468.3k |
| JANE STREET GROUP, LLC | Reduced | -464.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -436.4k |
| Bank of New York Mellon Corp | Reduced | -385.8k |
| TD Asset Management Inc | Reduced | -308.8k |
| ROTHSCHILD & CO ASSET MANAGEMENT US INC. | Reduced | -199.9k |
Biggest calls
| Walleye Trading LLC | Added | $26.6m376.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.8m222.7k shares |
| CITADEL ADVISORS LLC | Added | $7.8m110.4k shares |
| Caption Management, LLC | New | $7.4m104.7k shares |
| JANE STREET GROUP, LLC | Added | $4.9m68.8k shares |
| MILLENNIUM MANAGEMENT LLC | New | $4.5m63.5k shares |
| SIMPLEX TRADING, LLC | Added | $4.0m56.8k shares |
| PEAK6 Investments LLC | Added | $1.5m20.6k shares |
| GROUP ONE TRADING LLC | Reduced | $1.3m17.8k shares |
| Maven Securities LTD | Reduced | $764.6k10.8k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $15.1m213.6k shares |
| Walleye Trading LLC | Added | $10.2m144.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.8m124.4k shares |
| MILLENNIUM MANAGEMENT LLC | New | $7.4m105.1k shares |
| Caption Management, LLC | New | $5.3m74.7k shares |
| GROUP ONE TRADING LLC | Added | $4.1m58.4k shares |
| PEAK6 Investments LLC | Added | $2.9m41.6k shares |
| SIMPLEX TRADING, LLC | Added | $2.2m31.3k shares |
| Maven Securities LTD | Added | $863.8k12.2k shares |
| JANE STREET GROUP, LLC | Reduced | $630.1k8.9k 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 |
|---|---|
| FMR LLC 13G · institution +0.9 pts · filed 2026-08-07 | 10.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| STATE STREET CORP 13G · institution new · filed 2025-11-10 | 5.2% |
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 in Q4 2022
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 |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 4 | $24.0m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 23.9m $1.7bn | Added +204.6k |
| T. Rowe Price Investment Management, Inc. 1.01% of their portfolio | 18.7m $1.3bn | Reduced -3.0m |
| BlackRock Inc. 0.04% of their portfolio | 17.7m $1.3bn | Added +849.5k |
| STATE STREET CORP 0.04% of their portfolio | 8.8m $624.3m | Reduced -83.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.09% of their portfolio | 7.5m $529.3m | Reduced -436.4k |
| Invesco Ltd. 0.15% of their portfolio | 7.1m $502.8m | Reduced -1.9m |
| Boston Partners 0.66% of their portfolio | 6.9m $488.3m | Added +89.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.52% of their portfolio | 6.4m $455.4m | Reduced -14.1k |
| PRIMECAP MANAGEMENT CO/CA/ 0.33% of their portfolio | 5.1m $361.8m | Reduced -132.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 4.3m $303.5m | Added +95.5k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 3.6m $254.9m | Added +74.9k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 2.8m $196.0m | Reduced -111.3k |
| MORGAN STANLEY 0.02% of their portfolio | 2.4m $168.5m | Added +236.4k |
| MILLENNIUM MANAGEMENT LLC 0.18% of their portfolio | 2.2m $157.7m | Added +2.2m |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.9m $135.9m | Reduced -385.8k |
| AQR CAPITAL MANAGEMENT LLC 0.30% of their portfolio | 1.9m $133.1m | Reduced -84.7k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 1.8m $129.3m | Reduced -62.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 1.7m $123.1m | Added +37.7k |
| LSV ASSET MANAGEMENT 0.27% of their portfolio | 1.7m $122.2m | Reduced -105.1k |
| GAMCO INVESTORS, INC. ET AL 1.29% of their portfolio | 1.7m $120.3m | Reduced -88.9k |
| FMR LLC 0.01% of their portfolio | 1.6m $112.0m | Reduced -168.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.5m $103.9m | Added +397.6k |
| TD Asset Management Inc 0.13% of their portfolio | 1.5m $102.7m | Reduced -308.8k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 1.3m $91.1m | Reduced -190.0k |
| Legal & General Group Plc 0.03% of their portfolio | 1.3m $91.0m | Reduced -95.8k |
| D. E. Shaw & Co., Inc. 0.13% of their portfolio | 1.1m $79.3m | Reduced -56.0k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.0m $74.1m | Added +148.4k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.0m $71.9m | Reduced -185.8k |
| GABELLI FUNDS LLC 0.53% of their portfolio | 970.7k $68.7m | Added +12.8k |
| PANAGORA ASSET MANAGEMENT INC 0.43% of their portfolio | 925.4k $65.5m | Added +124.7k |
| Man Group plc 0.23% of their portfolio | 910.6k $64.5m | New |
| ROTHSCHILD & CO ASSET MANAGEMENT US INC. 0.98% of their portfolio | 908.7k $64.3m | Reduced -199.9k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 841.3k $59.6m | Added +611 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.14% of their portfolio | 829.3k $58.7m | Reduced -2.4m |
| Capital World Investors 0.01% of their portfolio | 780.0k $55.2m | Unchanged |
| BRANDES INVESTMENT PARTNERS, LP 1.35% of their portfolio | 682.7k $48.3m | Reduced -133.7k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 666.9k $47.2m | Reduced -1.0m |
| NATIONAL BANK OF CANADA /FI/ 0.13% of their portfolio | 661.1k $46.8m | Added +635.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 631.0k $44.7m | Reduced -2.2k |
| Mariner, LLC 0.14% of their portfolio | 630.7k $44.7m | Added +36.6k |
| PRUDENTIAL FINANCIAL INC 0.07% of their portfolio | 613.8k $43.5m | Added +211.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 613.3k $43.4m | Reduced -959 |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 612.3k $43.4m | Added +307.6k |
| U S GLOBAL INVESTORS INC 2.47% of their portfolio | 587.6k $41.6m | Reduced -96.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 577.6k $40.9m | Added +196.0k |
| PZENA INVESTMENT MANAGEMENT LLC 0.17% of their portfolio | 538.9k $38.2m | Reduced -7.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.17% of their portfolio | 509.0k $36.0m | Added +367.7k |
| California Public Employees Retirement System 0.03% of their portfolio | 496.4k $35.1m | Reduced -2.3k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 484.3k $34.3m | Added +85.4k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 482.6k $34.2m | Added +22.6k |
| SCOUT INVESTMENTS, INC. 0.68% of their portfolio | 470.7k $33.3m | Reduced -30.5k |
| Woodline Partners LP 0.44% of their portfolio | 451.5k $32.0m | Reduced -132.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.20% of their portfolio | 412.7k $29.2m | Added +5.2k |
| BARCLAYS PLC 0.02% of their portfolio | 387.7k $27.5m | First filing |
| National Pension Service 0.05% of their portfolio | 384.8k $27.2m | Reduced -8.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 367.0k $26.0m | Added +246.4k |
| TCW GROUP INC 0.36% of their portfolio | 359.3k $25.4m | Reduced -6.6k |
| Robeco Institutional Asset Management B.V. 0.07% of their portfolio | 354.4k $25.1m | Added +77.7k |
| MARTINGALE ASSET MANAGEMENT L P 0.49% of their portfolio | 352.3k $24.9m | Added +125.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 351.7k $24.9m | Added +193.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 351.2k $24.9m | Reduced -2.3k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 349.7k $24.8m | Added +13.3k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 349.0k $24.7m | Reduced -4.9k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.13% of their portfolio | 339.4k $24.0m | Reduced -62.5k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 330.9k $23.4m | Reduced -154.0k |
| GREAT LAKES ADVISORS, LLC 0.12% of their portfolio | 298.5k $2.1m | Reduced -8.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 294.0k $20.8m | Reduced -82.4k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.45% of their portfolio | 277.8k $19.7m | Added +259.8k |
| AustralianSuper Pty Ltd 0.14% of their portfolio | 277.1k $19.5m | Reduced -182.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 272.9k $19.3m | Reduced -14.2k |
| Cubist Systematic Strategies, LLC 0.16% of their portfolio | 267.4k $18.9m | Added +142.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 265.4k $18.8m | Added +9.1k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 258.3k $18.3m | Reduced -5.0k |
| MACKENZIE FINANCIAL CORP 0.03% of their portfolio | 255.6k $18.1m | Added +7.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 250.8k $17.8m | Reduced -12.6k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.67% of their portfolio | 232.8k $16.5m | New |
| Ensign Peak Advisors, Inc 0.03% of their portfolio | 216.7k $15.3m | Added +1.1k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 214.4k $15.2m | Added +21.9k |
| UBS Group AG 0.01% of their portfolio | 213.6k $15.1m | Added +131.4k |
| CITIGROUP INC 0.02% of their portfolio | 203.8k $14.4m | Added +26.4k |
| Brandywine Global Investment Management, LLC 0.11% of their portfolio | 190.8k $13.5m | Reduced -11.5k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 172.1k $12.2m | Added +10.9k |
| State of Tennessee, Department of Treasury 0.06% of their portfolio | 170.4k $12.1m | Reduced -2.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 169.3k $12.0m | Added +5.8k |
| Korea Investment CORP 0.04% of their portfolio | 168.9k $12.0m | Added +48.8k |
| TORONTO DOMINION BANK 0.02% of their portfolio | 158.9k $11.2m | Added +4.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 157.9k $11.1m | Added +16.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 152.5k $10.8m | Reduced -3.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 149.3k $10.6m | Reduced -46.7k |
| Baird Financial Group, Inc. 0.03% of their portfolio | 147.9k $10.5m | Reduced -24.6k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 146.2k $10.4m | Added +90.2k |
| NISA INVESTMENT ADVISORS, LLC 0.08% of their portfolio | 141.0k $10.0m | Added +7.0k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 137.7k $9.7m | Added +28.9k |
| TWINBEECH CAPITAL LP 0.18% of their portfolio | 133.6k $9.5m | Added +103.7k |
| Gotham Asset Management, LLC 0.26% of their portfolio | 131.5k $9.3m | Added +35.0k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 131.3k $9.4m | Reduced -60.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 130.7k $9.3m | Added +4.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 122.6k $8.7m | Added +97.6k |
| Chevy Chase Trust Holdings, LLC 0.04% of their portfolio | 120.1k $8.5m | Reduced -9.1k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 119.8k $8.4m | Reduced -24.5k |