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 ($71.0m this quarter). Holder counts are more reliable. Shares outstanding: 198.1m as of 2023-07-14, 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 ≈ $67.54. Options: 18 managers hold calls ($56.7m notional), 20 hold puts ($32.2m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 508 |
| Q4 2022 | 565 |
| Q1 2023 | 569 |
| Q2 2023 | 563 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 261 | 210 |
| Q1 2023 | 285 | 238 |
| Q2 2023 | 224 | 296 |
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 |
| Q1 2023 | $73.9m | $48.1m | 0.65 |
| Q2 2023 | $56.7m | $32.2m | 0.57 |
Biggest buyers
| LSV ASSET MANAGEMENT | Added | +1.0m |
| Qube Research & Technologies Ltd | Added | +594.9k |
| Man Group plc | New | +563.9k |
| JPMORGAN CHASE & CO | Added | +552.0k |
| GOLDMAN SACHS GROUP INC | Added | +411.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +281.7k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | New | +233.6k |
| BARCLAYS PLC | Added | +174.7k |
| TUDOR INVESTMENT CORP ET AL | New | +158.9k |
| Invesco Ltd. | Added | +153.7k |
Biggest sellers
| FMR LLC | Reduced | -3.4m |
| T. Rowe Price Investment Management, Inc. | Reduced | -1.8m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.1m |
| BlackRock Inc. | Reduced | -969.0k |
| Man Group plc | Sold out | -904.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -693.6k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -673.7k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -476.0k |
| VANGUARD GROUP INC | Reduced | -450.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -336.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.9m161.5k shares |
| CITADEL ADVISORS LLC | Added | $10.6m156.3k shares |
| Walleye Trading LLC | Reduced | $10.2m151.3k shares |
| PEAK6 Investments LLC | Reduced | $5.1m75.7k shares |
| Maven Securities LTD | Added | $3.9m57.5k shares |
| D. E. Shaw & Co., Inc. | New | $3.5m51.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.2m47.3k shares |
| IMC-Chicago, LLC | New | $1.8m27.2k shares |
| Walleye Capital LLC | Added | $1.8m25.9k shares |
| JANE STREET GROUP, LLC | Reduced | $1.3m19.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.7m70.2k shares |
| PEAK6 Investments LLC | Reduced | $4.2m62.2k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $4.0m58.8k shares |
| CITADEL ADVISORS LLC | Reduced | $3.7m54.5k shares |
| Walleye Trading LLC | Reduced | $3.3m49.1k shares |
| Twin Tree Management, LP | New | $3.2m46.8k shares |
| Maven Securities LTD | Reduced | $2.0m30.1k shares |
| Walleye Capital LLC | New | $1.5m21.9k shares |
| JANE STREET GROUP, LLC | Added | $1.4m20.3k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $987.4k14.6k 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), T. Rowe Price Investment Management, Inc. (4.6%, 2025-11-14)
Insider purchases and sales in Q2 2023
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q1 2023 | 0 | — | 2 | $21.0m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 23.7m $1.6bn | Reduced -450.7k |
| BlackRock Inc. 0.03% of their portfolio | 17.3m $1.2bn | Reduced -969.0k |
| T. Rowe Price Investment Management, Inc. 0.75% of their portfolio | 16.4m $1.1bn | Reduced -1.8m |
| STATE STREET CORP 0.03% of their portfolio | 8.9m $604.4m | Added +42.7k |
| Invesco Ltd. 0.12% of their portfolio | 6.9m $467.9m | Added +153.7k |
| Boston Partners 0.63% of their portfolio | 6.9m $465.6m | Reduced -103.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.49% of their portfolio | 6.5m $442.0m | Added +90.0k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 5.1m $348.2m | Added +552.0k |
| PRIMECAP MANAGEMENT CO/CA/ 0.28% of their portfolio | 4.9m $332.5m | Reduced -118.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 4.5m $306.4m | Reduced -1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.3m $293.0m | Reduced -50.7k |
| LSV ASSET MANAGEMENT 0.45% of their portfolio | 3.0m $205.7m | Added +1.0m |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 2.8m $188.2m | Added +59.8k |
| FMR LLC 0.02% of their portfolio | 2.7m $184.2m | Reduced -3.4m |
| MORGAN STANLEY 0.01% of their portfolio | 2.2m $150.9m | Reduced -115.6k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.8m $123.8m | Reduced -75.8k |
| AQR CAPITAL MANAGEMENT LLC 0.26% of their portfolio | 1.8m $120.6m | Reduced -110.3k |
| GAMCO INVESTORS, INC. ET AL 1.23% of their portfolio | 1.7m $116.7m | Added +32.2k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 1.7m $116.6m | Added +411.2k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.7m $114.3m | Reduced -130.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.7m $113.8m | Reduced -57.1k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 1.6m $110.6m | Added +26.0k |
| Legal & General Group Plc 0.03% of their portfolio | 1.2m $84.3m | Added +7.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.2m $83.7m | Reduced -693.6k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 1.2m $80.9m | Added +281.7k |
| TD Asset Management Inc 0.09% of their portfolio | 1.2m $80.9m | Reduced -151.7k |
| GREAT LAKES ADVISORS, LLC 0.70% of their portfolio | 1.0m $69.8m | Reduced -91.0k |
| Pacer Advisors, Inc. 0.28% of their portfolio | 1.0m $69.1m | Added +26.4k |
| GABELLI FUNDS LLC 0.52% of their portfolio | 1.0m $68.8m | Added +16.3k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.62% of their portfolio | 953.2k $64.5m | Added +5.5k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 916.4k $62.0m | Reduced -476.0k |
| BRANDES INVESTMENT PARTNERS, LP 1.13% of their portfolio | 830.1k $56.1m | Added +9.7k |
| PANAGORA ASSET MANAGEMENT INC 0.33% of their portfolio | 823.9k $55.7m | Added +195 |
| Capital World Investors 0.01% of their portfolio | 780.0k $52.8m | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio | 772.2k $52.2m | Reduced -19.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.11% of their portfolio | 761.0k $51.5m | Reduced -336.5k |
| D. E. Shaw & Co., Inc. 0.08% of their portfolio | 719.4k $48.7m | Reduced -85.3k |
| Mariner, LLC 0.13% of their portfolio | 695.9k $47.1m | Added +46.8k |
| Qube Research & Technologies Ltd 0.18% of their portfolio | 695.3k $47.0m | Added +594.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 591.4k $40.0m | Reduced -14.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 586.2k $41.4m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio | 573.5k $38.8m | Added +41.5k |
| Man Group plc 0.12% of their portfolio | 563.9k $38.1m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 553.6k $37.4m | Reduced -86.7k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 545.2k $36.9m | Reduced -109.3k |
| U S GLOBAL INVESTORS INC 2.17% of their portfolio | 540.1k $36.5m | Added +6.0k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 520.6k $35.2m | Reduced -294.1k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 515.8k $34.9m | Reduced -15.8k |
| PRUDENTIAL FINANCIAL INC 0.05% of their portfolio | 478.1k $32.3m | Reduced -54.1k |
| UBS Group AG 0.01% of their portfolio | 471.2k $31.9m | Added +152.0k |
| SCOUT INVESTMENTS, INC. 0.65% of their portfolio | 465.9k $31.9m | Reduced -67.1k |
| TCW GROUP INC 0.34% of their portfolio | 456.4k $30.9m | Added +112.9k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 454.1k $30.7m | Reduced -35.5k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.51% of their portfolio | 449.3k $30.4m | Reduced -64.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 420.6k $28.4m | Reduced -32.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.16% of their portfolio | 418.5k $28.3m | Reduced -14.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 396.1k $26.8m | Reduced -316.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.52% of their portfolio | 394.9k $26.7m | Added +10.5k |
| National Pension Service 0.04% of their portfolio | 393.4k $26.5m | Added +38.3k |
| California Public Employees Retirement System 0.02% of their portfolio | 388.1k $26.3m | Reduced -32.7k |
| Robeco Institutional Asset Management B.V. 0.07% of their portfolio | 385.9k $26.1m | Reduced -12.5k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 380.2k $25.7m | Added +98.1k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 372.3k $25.2m | Reduced -248.4k |
| MACKENZIE FINANCIAL CORP 0.04% of their portfolio | 360.1k $24.5m | Added +87.4k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 357.3k $24.2m | Reduced -6.1k |
| BARCLAYS PLC 0.02% of their portfolio | 356.5k $24.1m | Added +174.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 331.4k $22.4m | Reduced -12.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 292.2k $19.8m | Added +3.1k |
| Ensign Peak Advisors, Inc 0.04% of their portfolio | 278.0k $18.8m | Added +69.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 265.7k $18.0m | Reduced -7.2k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 257.4k $17.4m | Reduced -15.4k |
| Korea Investment CORP 0.05% of their portfolio | 252.9k $17.1m | Added +14.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 246.6k $16.7m | Reduced -5.3k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio | 243.8k $16.5m | Reduced -24.2k |
| TORONTO DOMINION BANK 0.01% of their portfolio | 237.2k $16.0m | Added +144.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 233.7k $15.8m | Reduced -22.2k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 233.6k $268.3k | New |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 211.6k $14.3m | Reduced -20.2k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 206.4k $14.0m | Added +27.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 180.4k $12.2m | Added +7.1k |
| PINEBRIDGE INVESTMENTS, L.P. 0.13% of their portfolio | 174.1k $11.8m | Added +6.3k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 171.9k $11.6m | Reduced -21.8k |
| CITIGROUP INC 0.01% of their portfolio | 171.8k $11.6m | Reduced -57.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 165.0k $11.2m | Reduced -2.8k |
| TUDOR INVESTMENT CORP ET AL 0.18% of their portfolio | 158.9k $10.7m | New |
| Brandywine Global Investment Management, LLC 0.09% of their portfolio | 158.2k $10.7m | Reduced -184.1k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 155.9k $10.5m | Reduced -1.1k |
| AXA S.A. 0.04% of their portfolio | 155.7k $10.5m | Reduced -24.4k |
| Crossmark Global Holdings, Inc. 0.24% of their portfolio | 148.3k $11.3m | Added +9.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 148.0k $10.0m | Reduced -30.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 144.9k $9.8m | Added +2.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 143.1k $9.7m | Reduced -3.8k |
| Baird Financial Group, Inc. 0.03% of their portfolio | 142.5k $9.6m | Added +22.3k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 140.3k $9.5m | Added +32.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 137.7k $9.3m | Added +48.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio | 134.8k $9.1m | Reduced -10.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 129.9k $8.8m | Reduced -135.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 128.0k $8.7m | Reduced -13.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 124.0k $8.4m | Reduced -43.5k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 122.1k $8.3m | Reduced -53.3k |