Joel Greenblatt's ITW Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 90,318 shares of Illinois Tool Works Inc. (ITW) worth $23.55 M, representing 0.10% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in ITW, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2014, adding 488,068 shares. Largest reduction occurred in Q4 2014, reducing 604,075 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Illinois Tool Works (ITW) Holding Value Over Time
Track share changes against reported price movement
Quarterly Illinois Tool Works (ITW) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +35,545 | Add 0.00% | 35,544 | $69.18 |
| Q3 2013 | +48,746 | Add 137.14% | 84,290 | $76.27 |
| Q4 2013 | -248 | Reduce 0.29% | 84,042 | $84.08 |
| Q1 2014 | +145,524 | Add 173.16% | 229,566 | $81.33 |
| Q2 2014 | +100,352 | Add 43.71% | 329,918 | $87.56 |
| Q3 2014 | +488,068 | Add 147.94% | 817,986 | $84.42 |
| Q4 2014 | -604,075 | Reduce 73.85% | 213,911 | $94.70 |
| Q1 2015 | -21,274 | Reduce 9.95% | 192,637 | $97.14 |
| Q2 2015 | -23,109 | Reduce 12.00% | 169,528 | $91.79 |
| Q3 2015 | -169,528 | Sold Out | 169,528 | $91.79 |
| Q4 2015 | +12,449 | New Buy | 12,449 | $92.70 |
| Q1 2016 | +247,382 | Add 1987.16% | 259,831 | $102.44 |
| Q2 2016 | -24,846 | Reduce 9.56% | 234,985 | $104.16 |
| Q3 2016 | -66,692 | Reduce 28.38% | 168,293 | $119.84 |
| Q4 2016 | -29,348 | Reduce 17.44% | 138,945 | $122.46 |
| Q1 2017 | -8,508 | Reduce 6.12% | 130,437 | $132.47 |
| Q2 2017 | -90,721 | Reduce 69.55% | 39,716 | $143.24 |
| Q3 2017 | +44,013 | Add 110.82% | 83,729 | $147.97 |
| Q4 2017 | -34,494 | Reduce 41.20% | 49,235 | $166.85 |
| Q1 2018 | +94,135 | Add 191.20% | 143,370 | $156.66 |
| Q2 2018 | +105,689 | Add 73.72% | 249,059 | $138.54 |
| Q3 2018 | -93,241 | Reduce 37.44% | 155,818 | $141.12 |
| Q4 2018 | +135,473 | Add 86.94% | 291,291 | $126.69 |
| Q1 2019 | -108,888 | Reduce 37.38% | 182,403 | $143.53 |
| Q2 2019 | -38,094 | Reduce 20.88% | 144,309 | $150.81 |
| Q3 2019 | +18,625 | Add 12.91% | 162,934 | $156.49 |
| Q4 2019 | -41,290 | Reduce 25.34% | 121,644 | $179.63 |
| Q1 2020 | -68,457 | Reduce 56.28% | 53,187 | $142.12 |
| Q2 2020 | -35,939 | Reduce 67.57% | 17,248 | $174.86 |
| Q3 2020 | +21,709 | Add 125.86% | 38,957 | $193.21 |
| Q4 2020 | -23,967 | Reduce 61.52% | 14,990 | $203.87 |
| Q1 2021 | -11,711 | Reduce 78.13% | 3,279 | $221.41 |
| Q2 2021 | +2,613 | Add 79.69% | 5,892 | $223.52 |
| Q3 2021 | -364 | Reduce 6.18% | 5,528 | $206.58 |
| Q4 2021 | -3,600 | Reduce 65.12% | 1,928 | $246.89 |
| Q1 2022 | +3,010 | Add 156.12% | 4,938 | $209.40 |
| Q2 2022 | +11,329 | Add 229.42% | 16,267 | $182.27 |
| Q3 2022 | +1,710 | Add 10.51% | 17,977 | $180.68 |
| Q4 2022 | +4,941 | Add 27.49% | 22,918 | $220.30 |
| Q1 2023 | +3,518 | Add 15.35% | 26,436 | $243.45 |
| Q2 2023 | +461 | Add 1.74% | 26,897 | $250.16 |
| Q3 2023 | +15,101 | Add 56.14% | 41,998 | $230.31 |
| Q4 2023 | -20,695 | Reduce 49.28% | 21,303 | $261.94 |
| Q1 2024 | +16,461 | Add 77.27% | 37,764 | $268.33 |
| Q2 2024 | +30,160 | Add 79.86% | 67,924 | $236.96 |
| Q3 2024 | -7,084 | Reduce 10.43% | 60,840 | $262.07 |
| Q4 2024 | +14,934 | Add 24.55% | 75,774 | $253.56 |
| Q1 2025 | -2,179 | Reduce 2.88% | 73,595 | $248.01 |
| Q2 2025 | +23,360 | Add 31.74% | 96,955 | $247.25 |
| Q3 2025 | -6,637 | Reduce 6.85% | 90,318 | $260.76 |
Joel Greenblatt's Illinois Tool Works Investment FAQs
Joel Greenblatt first purchased Illinois Tool Works Inc. (ITW) in Q2 2013, acquiring 35,544 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Illinois Tool Works Inc. (ITW) for 50 quarters since Q2 2013.
Joel Greenblatt's largest addition to Illinois Tool Works Inc. (ITW) was in Q3 2014, adding 817,986 shares worth $69.05 M.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 90,318 shares of Illinois Tool Works Inc. (ITW), valued at approximately $23.55 M.
As of the Q3 2025 filing, Illinois Tool Works Inc. (ITW) represents approximately 0.10% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Illinois Tool Works Inc. (ITW) was 817,986 shares, as reported at the end of Q3 2014.