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 ($65.8m this quarter). Holder counts are more reliable. Shares outstanding: 182.6m as of 2025-02-01, 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 ≈ $76.33. Options: 15 managers hold calls ($54.5m notional), 13 hold puts ($16.6m).
Trends to Q4 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 |
| Q4 2024 | 661 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 245 | 373 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $98.6m | $121.9m | 1.24 |
| Q2 2024 | $74.4m | $74.0m | 0.99 |
| Q3 2024 | $68.5m | $57.4m | 0.84 |
| Q4 2024 | $54.5m | $16.6m | 0.30 |
Biggest buyers
| Balyasny Asset Management L.P. | Added | +1.2m |
| Invesco Ltd. | Added | +1.2m |
| CITADEL ADVISORS LLC | Added | +513.0k |
| D. E. Shaw & Co., Inc. | Added | +510.1k |
| UBS Group AG | Added | +471.6k |
| MACKENZIE FINANCIAL CORP | Added | +446.3k |
| Boston Partners | Added | +333.1k |
| Squarepoint Ops LLC | Added | +325.5k |
| BRANDES INVESTMENT PARTNERS, LP | Added | +302.7k |
| MARSHALL WACE, LLP | New | +292.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -6.0m |
| T. Rowe Price Investment Management, Inc. | Reduced | -1.5m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -731.5k |
| WEDGE CAPITAL MANAGEMENT L L P/NC | Sold out | -645.5k |
| Man Group plc | Reduced | -635.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -441.0k |
| BlackRock, Inc. | Reduced | -407.0k |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -405.7k |
| Distillate Capital Partners LLC | Sold out | -378.1k |
| COOKSON PEIRCE & CO INC | Sold out | -322.4k |
Biggest calls
| PEAK6 LLC | First filing | $13.0m169.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $9.8m128.0k shares |
| CITADEL ADVISORS LLC | Added | $9.1m118.4k shares |
| IMC-Chicago, LLC | Reduced | $6.7m87.0k shares |
| JANE STREET GROUP, LLC | Added | $5.4m70.1k shares |
| SIMPLEX TRADING, LLC | Added | $4.4m57.7k shares |
| Walleye Capital LLC | Added | $2.0m26.5k shares |
| GROUP ONE TRADING LLC | Reduced | $1.3m17.5k shares |
| Walleye Trading LLC | Reduced | $1.3m17.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $612.5k8.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $5.5m71.7k shares |
| Twin Tree Management, LP | Added | $2.2m29.3k shares |
| Walleye Capital LLC | Added | $1.9m25.2k shares |
| JANE STREET GROUP, LLC | Reduced | $1.8m23.1k shares |
| Walleye Trading LLC | Added | $1.6m20.7k shares |
| IMC-Chicago, LLC | Reduced | $1.4m18.7k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $872.0k11.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $558.4k7.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $459.4k6.0k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $114.7k1.5k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 21.5m $1.6bn | Reduced -80.2k |
| BlackRock, Inc. 0.02% of their portfolio | 14.9m $1.1bn | Reduced -407.0k |
| T. Rowe Price Investment Management, Inc. 0.53% of their portfolio | 11.3m $866.9m | Reduced -1.5m |
| STATE STREET CORP 0.03% of their portfolio | 8.8m $676.8m | Added +65.0k |
| Invesco Ltd. 0.11% of their portfolio | 7.7m $591.5m | Added +1.2m |
| Boston Partners 0.70% of their portfolio | 7.5m $572.5m | Added +333.1k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 5.9m $449.6m | Reduced -6.0m |
| PRIMECAP MANAGEMENT CO/CA/ 0.29% of their portfolio | 4.9m $372.9m | Reduced -405.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.36% of their portfolio | 4.8m $370.6m | Reduced -731.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.6m $350.6m | Added +165.0k |
| LSV ASSET MANAGEMENT 0.70% of their portfolio | 4.0m $303.9m | Reduced -113.8k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.8m $213.9m | Reduced -52.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 2.6m $201.2m | Added +2.7k |
| MORGAN STANLEY 0.01% of their portfolio | 2.1m $163.7m | Reduced -318.8k |
| FMR LLC 0.01% of their portfolio | 2.0m $154.9m | Reduced -115.1k |
| BRANDES INVESTMENT PARTNERS, LP 1.59% of their portfolio | 1.9m $142.2m | Added +302.7k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.8m $138.0m | Added +155.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.7m $128.4m | Added +7.6k |
| GAMCO INVESTORS, INC. ET AL 1.16% of their portfolio | 1.4m $110.5m | Reduced -6.5k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.4m $109.3m | Added +105.0k |
| AQR CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 1.4m $108.9m | Reduced -246.1k |
| Balyasny Asset Management L.P. 0.22% of their portfolio | 1.2m $94.6m | Added +1.2m |
| Mariner, LLC 0.15% of their portfolio | 1.1m $87.0m | Added +46.5k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.1m $85.9m | Added +271.3k |
| Legal & General Group Plc 0.02% of their portfolio | 1.1m $82.3m | Reduced -90.3k |
| UBS Group AG 0.02% of their portfolio | 1.0m $78.9m | Added +471.6k |
| D. E. Shaw & Co., Inc. 0.09% of their portfolio | 1.0m $78.9m | Added +510.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.27% of their portfolio | 980.4k $75.0m | Added +254.4k |
| GABELLI FUNDS LLC 0.56% of their portfolio | 966.5k $73.9m | Reduced -18.9k |
| TD Asset Management Inc 0.06% of their portfolio | 945.0k $72.3m | Reduced -101.6k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 856.4k $65.5m | Added +107.6k |
| GREAT LAKES ADVISORS, LLC 0.55% of their portfolio | 840.9k $64.3m | Reduced -235.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 786.3k $60.1m | Reduced -31.3k |
| NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio | 781.2k $59.8m | Added +12.2k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 630.2k $38.8m | Added +446.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 603.2k $46.1m | Added +201.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 551.0k $42.1m | Added +259.4k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 541.9k $41.5m | First filing |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 529.9k $40.5m | Reduced -144.6k |
| Swiss National Bank 0.03% of their portfolio | 529.3k $40.5m | Reduced -36.7k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 523.5k $40.0m | Added +513.0k |
| BARCLAYS PLC 0.02% of their portfolio | 515.2k $39.4m | Added +47.8k |
| Robeco Institutional Asset Management B.V. 0.07% of their portfolio | 511.8k $39.1m | Added +16.4k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 486.7k $37.2m | Added +57.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 475.4k $36.4m | Added +4.4k |
| TODD ASSET MANAGEMENT LLC 0.86% of their portfolio | 470.3k $36.0m | Added +8.2k |
| TCW GROUP INC 0.29% of their portfolio | 444.0k $34.0m | Reduced -22.3k |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.64% of their portfolio | 442.5k $33.8m | Reduced -9.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 441.6k $33.8m | Reduced -441.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 437.6k $33.5m | Reduced -51.9k |
| Squarepoint Ops LLC 0.08% of their portfolio | 425.5k $32.5m | Added +325.5k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 415.3k $31.8m | Reduced -250.8k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 412.4k $31.5m | Added +41.7k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 390.4k $29.9m | Reduced -6.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 388.7k $29.7m | Reduced -9.7k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 373.0k $28.5m | Reduced -25.5k |
| National Pension Service 0.03% of their portfolio | 358.8k $27.4m | Reduced -9.7k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.22% of their portfolio | 328.3k $25.1m | Reduced -666 |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 325.7k $24.9m | Reduced -3.8k |
| California Public Employees Retirement System 0.02% of their portfolio | 312.6k $23.9m | Reduced -30.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 302.6k $22.9m | Added +24.1k |
| Fidelity National Financial, Inc. 0.46% of their portfolio | 300.0k $22.9m | Added +70.0k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 292.5k $22.4m | New |
| Brandywine Global Investment Management, LLC 0.15% of their portfolio | 274.7k $21.0m | Added +47.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 274.5k $21.0m | Reduced -55.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 274.5k $21.0m | Reduced -101.5k |
| U S GLOBAL INVESTORS INC 1.99% of their portfolio | 262.6k $20.1m | Added +30.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 257.8k $19.7m | Reduced -14.5k |
| HighTower Advisors, LLC 0.03% of their portfolio | 256.1k $19.6m | Added +1.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 246.3k $18.8m | Added +293 |
| CITIGROUP INC 0.02% of their portfolio | 234.0k $17.9m | Added +10.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 231.8k $17.7m | Reduced -22.5k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 231.7k $17.7m | Reduced -198.2k |
| Ensign Peak Advisors, Inc 0.03% of their portfolio | 218.8k $16.7m | Reduced -14.7k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 217.5k $16.6m | Reduced -32.5k |
| Mitsubishi UFJ Trust & Banking Corp 0.04% of their portfolio | 215.8k $16.5m | Reduced -28.6k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.10% of their portfolio | 212.0k $16.2m | Added +176.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 209.8k $16.0m | Reduced -8.2k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 208.7k $16.0m | Added +63.6k |
| Man Group plc 0.05% of their portfolio | 204.8k $15.7m | Reduced -635.4k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 202.2k $14.9m | Reduced -3.6k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 197.9k $15.1m | Added +7.2k |
| MARTINGALE ASSET MANAGEMENT L P 0.36% of their portfolio | 196.0k $15.0m | Reduced -77.3k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 195.0k $14.9m | Reduced -58.2k |
| DANSKE BANK A/S 0.04% of their portfolio | 177.0k $13.5m | New |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 176.2k $13.5m | Added +27.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 164.8k $12.6m | Reduced -28.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 162.7k $12.4m | Reduced -116.6k |
| Lodge Hill Capital, LLC 3.32% of their portfolio | 157.4k $12.0m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 156.8k $12.0m | Reduced -18.8k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 150.6k $195.6k | New |
| Cambria Investment Management, L.P. 0.63% of their portfolio | 135.7k $10.4m | Added +4.1k |
| AustralianSuper Pty Ltd 0.05% of their portfolio | 132.9k $10.2m | Added +48.1k |
| Korea Investment CORP 0.02% of their portfolio | 131.4k $10.1m | Reduced -63.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 130.9k $10.0m | Reduced -8.4k |
| Quantbot Technologies LP 0.36% of their portfolio | 129.0k $9.9m | Added +104.0k |
| Vident Advisory, LLC 0.16% of their portfolio | 121.6k $9.3m | Added +25.5k |
| Aware Super Pty Ltd as trustee of Aware Super 0.15% of their portfolio | 120.4k $9.2m | First filing |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 119.0k $9.1m | Reduced -1.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 118.3k $9.1m | Reduced -4.0k |