Cliff Asness's ITW Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 566,172 shares of Illinois Tool Works Inc. (ITW) worth $147.63 M, representing 0.09% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in ITW, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2016, adding 383,602 shares. Largest reduction occurred in Q3 2017, reducing 347,973 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Illinois Tool Works (ITW) Holding Value Over Time
Track share changes against reported price movement
Quarterly Illinois Tool Works (ITW) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +102,505 | Add 0.00% | 102,504 | $60.81 |
| Q2 2013 | +71,076 | Add 0.00% | 71,075 | $69.17 |
| Q3 2013 | +39,000 | Add 54.87% | 110,075 | $76.27 |
| Q4 2013 | -39,700 | Reduce 36.07% | 70,375 | $84.08 |
| Q1 2014 | -600 | Reduce 0.85% | 69,775 | $81.33 |
| Q2 2014 | +1,900 | Add 2.72% | 71,675 | $87.56 |
| Q3 2014 | +22,445 | Add 31.31% | 94,120 | $84.42 |
| Q4 2014 | -38,797 | Reduce 41.22% | 55,323 | $94.70 |
| Q1 2015 | +59,800 | Add 108.09% | 115,123 | $97.14 |
| Q2 2015 | -11,768 | Reduce 10.22% | 103,355 | $91.79 |
| Q3 2015 | +165,232 | Add 159.87% | 268,587 | $82.31 |
| Q4 2015 | +19,051 | Add 7.09% | 287,638 | $92.68 |
| Q1 2016 | +29,300 | Add 10.19% | 316,938 | $102.44 |
| Q2 2016 | +11,885 | Add 3.75% | 328,823 | $104.16 |
| Q3 2016 | +383,602 | Add 116.66% | 712,425 | $119.84 |
| Q4 2016 | +129,919 | Add 18.24% | 842,344 | $122.46 |
| Q1 2017 | -29,380 | Reduce 3.49% | 812,964 | $132.47 |
| Q2 2017 | -333,849 | Reduce 41.07% | 479,115 | $143.25 |
| Q3 2017 | -347,973 | Reduce 72.63% | 131,142 | $147.96 |
| Q4 2017 | +12,859 | Add 9.81% | 144,001 | $166.85 |
| Q1 2018 | +88,797 | Add 61.66% | 232,798 | $156.66 |
| Q2 2018 | +60,283 | Add 25.89% | 293,081 | $138.54 |
| Q3 2018 | +126,617 | Add 43.20% | 419,698 | $141.12 |
| Q4 2018 | -129,008 | Reduce 30.74% | 290,690 | $126.69 |
| Q1 2019 | -47,860 | Reduce 16.46% | 242,830 | $143.53 |
| Q2 2019 | +75,320 | Add 31.02% | 318,150 | $150.81 |
| Q3 2019 | -11,976 | Reduce 3.76% | 306,174 | $156.49 |
| Q4 2019 | +233,104 | Add 76.13% | 539,278 | $179.61 |
| Q1 2020 | +9,440 | Add 1.75% | 548,718 | $142.12 |
| Q2 2020 | +1,665 | Add 0.30% | 550,383 | $170.97 |
| Q3 2020 | +261,534 | Add 47.52% | 811,917 | $193.21 |
| Q4 2020 | +31,599 | Add 3.89% | 843,516 | $201.83 |
| Q1 2021 | +2,116 | Add 0.25% | 845,632 | $221.52 |
| Q2 2021 | -8,090 | Reduce 0.96% | 837,542 | $223.18 |
| Q3 2021 | +90,350 | Add 10.79% | 927,892 | $206.63 |
| Q4 2021 | -89,135 | Reduce 9.61% | 838,757 | $245.23 |
| Q1 2022 | -93,977 | Reduce 11.20% | 744,780 | $209.40 |
| Q2 2022 | -78,901 | Reduce 10.59% | 665,879 | $178.19 |
| Q3 2022 | -121,131 | Reduce 18.19% | 544,748 | $180.65 |
| Q4 2022 | -166,642 | Reduce 30.59% | 378,106 | $219.99 |
| Q1 2023 | -45,620 | Reduce 12.07% | 332,486 | $241.36 |
| Q2 2023 | -69,542 | Reduce 20.92% | 262,944 | $250.16 |
| Q3 2023 | -32,656 | Reduce 12.42% | 230,288 | $230.31 |
| Q4 2023 | -102 | Reduce 0.04% | 230,186 | $261.94 |
| Q1 2024 | +4,763 | Add 2.07% | 234,949 | $268.22 |
| Q2 2024 | +99,923 | Add 42.53% | 334,872 | $236.96 |
| Q3 2024 | +80,464 | Add 24.03% | 415,336 | $260.46 |
| Q4 2024 | +118,389 | Add 28.50% | 533,725 | $253.56 |
| Q1 2025 | +74,773 | Add 14.01% | 608,498 | $244.16 |
| Q2 2025 | -93,456 | Reduce 15.36% | 515,042 | $245.98 |
| Q3 2025 | +51,130 | Add 9.93% | 566,172 | $260.76 |
Cliff Asness's Illinois Tool Works Investment FAQs
Cliff Asness first purchased Illinois Tool Works Inc. (ITW) in Q4 2012, acquiring 102,504 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Illinois Tool Works Inc. (ITW) for 52 quarters since Q4 2012.
Cliff Asness's largest addition to Illinois Tool Works Inc. (ITW) was in Q3 2016, adding 712,425 shares worth $85.38 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 566,172 shares of Illinois Tool Works Inc. (ITW), valued at approximately $147.63 M.
As of the Q3 2025 filing, Illinois Tool Works Inc. (ITW) represents approximately 0.09% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Illinois Tool Works Inc. (ITW) was 927,892 shares, as reported at the end of Q3 2021.