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: 185.5m as of 2024-10-11, 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 ≈ $88.54. Options: 19 managers hold calls ($68.5m notional), 21 hold puts ($57.4m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 508 |
| Q4 2022 | 565 |
| Q1 2023 | 569 |
| Q2 2023 | 563 |
| Q3 2023 | 574 |
| Q4 2023 | 651 |
| Q1 2024 | 702 |
| Q2 2024 | 677 |
| Q3 2024 | 692 |
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 |
| Q3 2023 | 246 | 266 |
| Q4 2023 | 308 | 248 |
| Q1 2024 | 346 | 273 |
| Q2 2024 | 281 | 347 |
| Q3 2024 | 285 | 304 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $89.0m | $71.3m | 0.80 |
| Q1 2024 | $98.6m | $121.9m | 1.24 |
| Q2 2024 | $74.4m | $74.0m | 0.99 |
| Q3 2024 | $68.5m | $57.4m | 0.84 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +1.3m |
| Man Group plc | Added | +701.4k |
| Qube Research & Technologies Ltd | Added | +487.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +365.1k |
| UBS Group AG | Added | +264.5k |
| AQR CAPITAL MANAGEMENT LLC | Added | +218.4k |
| Distillate Capital Partners LLC | Added | +211.9k |
| D. E. Shaw & Co., Inc. | Added | +171.8k |
| LSV ASSET MANAGEMENT | Added | +168.7k |
| Boston Partners | Added | +126.3k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -648.3k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -559.0k |
| T. Rowe Price Investment Management, Inc. | Reduced | -526.5k |
| Balyasny Asset Management L.P. | Reduced | -377.8k |
| ExodusPoint Capital Management, LP | Sold out | -274.3k |
| GOLDMAN SACHS GROUP INC | Reduced | -267.3k |
| JANE STREET GROUP, LLC | Reduced | -247.9k |
| VANGUARD GROUP INC | Reduced | -240.6k |
| Woodline Partners LP | Reduced | -239.4k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -200.2k |
Biggest calls
| PEAK6 Investments LLC | Added | $14.6m164.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.9m123.4k shares |
| CITADEL ADVISORS LLC | Reduced | $9.9m111.4k shares |
| IMC-Chicago, LLC | Added | $8.4m94.8k shares |
| BARCLAYS PLC | New | $4.4m50.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.1m46.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $3.4m38.8k shares |
| Walleye Trading LLC | Reduced | $3.0m33.7k shares |
| WOLVERINE TRADING, LLC | Added | $1.8m21.0k shares |
| Walleye Capital LLC | Reduced | $1.7m19.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.5m152.9k shares |
| CITADEL ADVISORS LLC | Added | $9.6m108.3k shares |
| Cinctive Capital Management LP | New | $5.8m65.0k shares |
| BARCLAYS PLC | New | $4.4m50.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $3.9m44.0k shares |
| SpiderRock Advisors, LLC | Reduced | $3.8m43.3k shares |
| JANE STREET GROUP, LLC | New | $2.4m27.5k shares |
| IMC-Chicago, LLC | Reduced | $2.4m26.6k shares |
| UBS Group AG | Unchanged | $1.9m22.0k shares |
| Mint Tower Capital Management B.V. | New | $1.8m20.5k 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 Q3 2024
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 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 2 | $21.0m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $376.6k | — |
| Q4 2023 | 0 | — | 1 | $702.4k | — |
| Q1 2024 | 0 | — | 5 | $55.8m | — |
| Q2 2024 | 0 | — | 1 | $1.0m | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 21.6m $1.9bn | Reduced -240.6k |
| BlackRock, Inc. 0.03% of their portfolio | 15.3m $1.4bn | First filing |
| T. Rowe Price Investment Management, Inc. 0.69% of their portfolio | 12.9m $1.1bn | Reduced -526.5k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 11.9m $1.1bn | Added +1.3m |
| STATE STREET CORP 0.03% of their portfolio | 8.8m $778.0m | Reduced -31.5k |
| Boston Partners 0.75% of their portfolio | 7.2m $633.4m | Added +126.3k |
| Invesco Ltd. 0.11% of their portfolio | 6.6m $581.6m | Reduced -72.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.48% of their portfolio | 5.6m $494.0m | Reduced -559.0k |
| PRIMECAP MANAGEMENT CO/CA/ 0.34% of their portfolio | 5.3m $467.7m | Reduced -30.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.4m $391.1m | Reduced -65.6k |
| LSV ASSET MANAGEMENT 0.78% of their portfolio | 4.1m $362.0m | Added +168.7k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 2.8m $252.3m | Added +39.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 2.6m $232.7m | Reduced -648.3k |
| MORGAN STANLEY 0.02% of their portfolio | 2.5m $217.9m | Reduced -73.2k |
| FMR LLC 0.01% of their portfolio | 2.1m $189.6m | Reduced -144.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.7m $148.0m | Reduced -18.6k |
| AQR CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 1.7m $146.4m | Added +218.4k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.6m $146.0m | Reduced -27.9k |
| BRANDES INVESTMENT PARTNERS, LP 1.55% of their portfolio | 1.6m $137.9m | Added +7.4k |
| GAMCO INVESTORS, INC. ET AL 1.31% of their portfolio | 1.5m $128.5m | Reduced -58.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.3m $117.2m | Reduced -75.4k |
| Legal & General Group Plc 0.03% of their portfolio | 1.2m $103.3m | Added +20.3k |
| Mariner, LLC 0.17% of their portfolio | 1.1m $96.6m | Added +82.2k |
| GREAT LAKES ADVISORS, LLC 0.80% of their portfolio | 1.1m $95.3m | Added +46.5k |
| TD Asset Management Inc 0.08% of their portfolio | 1.0m $91.8m | Reduced -40.8k |
| GABELLI FUNDS LLC 0.63% of their portfolio | 985.4k $87.3m | Added +2.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 882.5k $78.2m | Added +12.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 851.6k $75.4m | Reduced -267.3k |
| Man Group plc 0.21% of their portfolio | 840.2k $74.4m | Added +701.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 817.6k $72.4m | Reduced -39.0k |
| NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio | 769.0k $68.1m | Added +2.3k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 748.7k $66.2m | Added +122.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.23% of their portfolio | 726.0k $64.3m | Added +93.5k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 674.5k $59.7m | Added +100.2k |
| Qube Research & Technologies Ltd 0.11% of their portfolio | 666.1k $59.0m | Added +487.5k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.99% of their portfolio | 645.5k $57.2m | Reduced -103.6k |
| Swiss National Bank 0.03% of their portfolio | 566.0k $50.1m | Reduced -3.6k |
| UBS Group AG 0.01% of their portfolio | 559.7k $49.6m | Added +264.5k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 521.1k $46.2m | Added +171.8k |
| Robeco Institutional Asset Management B.V. 0.09% of their portfolio | 495.4k $43.9m | Added +58.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 489.5k $43.4m | Reduced -26.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 471.0k $41.7m | Added +4.3k |
| BARCLAYS PLC 0.02% of their portfolio | 467.4k $41.4m | Added +59.7k |
| TCW GROUP INC 0.36% of their portfolio | 466.4k $41.3m | Reduced -91.6k |
| TODD ASSET MANAGEMENT LLC 0.95% of their portfolio | 462.1k $40.9m | Reduced -2.8k |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.78% of their portfolio | 452.2k $40.1m | Reduced -1.6k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 429.9k $38.1m | Reduced -200.2k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 429.4k $38.0m | Added +365.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 401.5k $35.6m | Added +61.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 398.4k $35.3m | Added +22 |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 398.4k $35.3m | Added +50.9k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 396.8k $35.1m | Added +27.3k |
| Distillate Capital Partners LLC 1.68% of their portfolio | 378.1k $33.5m | Added +211.9k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 376.0k $33.3m | Reduced -1.9k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 370.7k $32.8m | Added +91.7k |
| National Pension Service 0.03% of their portfolio | 368.5k $32.6m | Added +9.5k |
| California Public Employees Retirement System 0.02% of their portfolio | 343.4k $30.4m | Reduced -17.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 329.9k $29.2m | Added +1.7k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 329.5k $29.2m | Reduced -54.9k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.25% of their portfolio | 328.9k $29.1m | Reduced -1.4k |
| SCOUT INVESTMENTS, INC. 0.75% of their portfolio | 325.3k $28.6m | Reduced -18.3k |
| COOKSON PEIRCE & CO INC 1.34% of their portfolio | 322.4k $28.6m | Reduced -4.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.05% of their portfolio | 291.6k $25.8m | Reduced -180.1k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 279.3k $24.7m | Added +17.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 278.6k $24.7m | Added +11.3k |
| MARTINGALE ASSET MANAGEMENT L P 0.56% of their portfolio | 273.3k $24.2m | Reduced -34.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 272.3k $24.1m | Reduced -76.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 254.4k $22.5m | Added +200 |
| HighTower Advisors, LLC 0.03% of their portfolio | 254.3k $22.5m | Added +1.3k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 253.2k $22.4m | Reduced -13.0k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 250.0k $22.1m | Reduced -13.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 246.0k $21.8m | Reduced -95.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.05% of their portfolio | 244.4k $21.7m | Reduced -14.7k |
| Ensign Peak Advisors, Inc 0.04% of their portfolio | 233.4k $20.7m | Added +9.8k |
| U S GLOBAL INVESTORS INC 1.98% of their portfolio | 231.7k $20.5m | Reduced -31.2k |
| Fidelity National Financial, Inc. 0.38% of their portfolio | 230.0k $20.4m | Unchanged |
| Brandywine Global Investment Management, LLC 0.13% of their portfolio | 226.8k $20.1m | Added +59.3k |
| CITIGROUP INC 0.02% of their portfolio | 223.2k $19.8m | Reduced -43.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 218.0k $19.3m | Reduced -4.5k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 205.9k $18.2m | Added +118 |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 204.8k $18.1m | Reduced -6.1k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.08% of their portfolio | 201.4k $17.8m | Added +26.8k |
| Korea Investment CORP 0.04% of their portfolio | 195.3k $17.3m | Reduced -53.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 193.4k $17.1m | Reduced -15.5k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 190.6k $16.7m | Added +772 |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 183.9k $16.3m | Reduced -52.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 175.6k $15.6m | Added +694 |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 175.0k $15.5m | Added +68.1k |
| CHURCHILL MANAGEMENT Corp 0.18% of their portfolio | 173.3k $15.4m | Reduced -1.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 164.0k $14.5m | Added +15.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 148.8k $13.2m | Added +6.8k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 145.2k $12.9m | Added +89.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 139.3k $12.3m | Added +42.5k |
| Bridgewater Associates, LP 0.07% of their portfolio | 136.7k $12.1m | Reduced -5.2k |
| Cambria Investment Management, L.P. 0.70% of their portfolio | 131.6k $11.7m | Reduced -2.0k |
| AVIVA PLC 0.03% of their portfolio | 125.7k $11.1m | Added +2.0k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 125.3k $11.1m | Reduced -398 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 122.3k $10.8m | Reduced -459 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 120.7k $10.7m | Reduced -1.8k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 120.6k $10.7m | Added +10.8k |