Who holds ticker verified against the SEC company list on 2026-09-10 — a reviewed name-and-class mapping row, never an inferred symbol. how tickers are mapped ↗

ILLINOIS TOOL WKS INC · common stock · Q1 2026 · 24 members disclosed ITW ↗

13F filers reporting this class for the quarter ended 2026-03-31; 1–500 of 1,549 holders are listed, largest first: 1,549
sum of the reported values across every holder; undisclosed values are left out, never counted as zero: $58.9B
holders whose share count rose or who opened the position (new + add), by shares: 659
holders absent this quarter after holding last quarter — inferred from absence, not a sale record: 106

Holders — quarter ended 2026-03-31

by reported value · Δ shares vs 2025-12-31Holders rank by reported value. The change kind — new, add, trim or exit — is read from the share count against the prior quarter, never from the reported value.

13F holders of ITW ranked by reported value, 1–25 of 1,549 holders
#	Filer	Reported value	Shares	Δ shares	Change
1	Briar Hall Management LLC	$6.7B	25,835,543	−15,435	TRIM
2	BlackRock, Inc.	$6.1B	23,373,694	+1,254,121	ADD
3	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	$5.5B	21,029,900	0	NO CHANGE
4	VANGUARD CAPITAL MANAGEMENT LLC	$4.5B	17,427,220	—	NO PRIOR
5	STATE STREET CORP	$3.3B	12,660,481	+63,970	ADD
6	NORTHERN TRUST CORP	$2.9B	11,201,579	−181,562	TRIM
7	GEODE CAPITAL MANAGEMENT, LLC	$1.8B	7,059,288	+114,637	ADD
8	VANGUARD PORTFOLIO MANAGEMENT LLC	$1.8B	6,795,722	—	NO PRIOR
9	MORGAN STANLEY	$1.4B	5,404,241	+1,329,392	ADD
10	Capital Research Global Investors	$1.2B	4,758,291	+121,899	ADD
11	WELLS FARGO & COMPANY/MN	$1.2B	4,633,852	−1,910,631	TRIM
12	Fisher Asset Management, LLC	$982M	3,771,476	+66,395	ADD
13	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	$860M	3,310,000	−178,816	TRIM
14	BANK OF AMERICA CORP /DE/	$782M	3,005,659	+72,951	ADD
15	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$713M	2,735,345	+50,277	ADD
16	AMERIPRISE FINANCIAL INC	$663M	2,545,547	+7,756	ADD
17	Bank of New York Mellon Corp	$598M	2,295,734	−78,534	TRIM
18	Invesco Ltd.	$566M	2,174,480	+55,465	ADD
19	DIMENSIONAL FUND ADVISORS LP	$532M	2,045,009	+60,009	ADD
20	Legal & General Group Plc	$504M	1,936,593	−10,799	TRIM
21	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	$451M	1,731,951	+18,230	ADD
22	UBS Group AG	$416M	1,599,685	−501,698	TRIM
23	SCHRODER INVESTMENT MANAGEMENT GROUP	$415M	1,629,820	−121,573	TRIM
24	STIFEL FINANCIAL CORP	$412M	1,584,113	−72,541	TRIM
25	VANGUARD FIDUCIARY TRUST CO	$391M	1,501,073	—	NO PRIOR

Show the top 500 of 1,549 holders

13F holders of ITW ranked by reported value, 26–500 of 1,549 holders
#	Filer	Reported value	Shares	Δ shares	Change
26	TWO SIGMA INVESTMENTS, LP	$382M	1,468,075	+1,374,421	ADD
27	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	$350M	1,343,736	+24,179	ADD
28	Amundi	$300M	1,150,935	+1,477	ADD
29	D. E. Shaw & Co., Inc.	$263M	1,010,307	+509,120	ADD
30	FMR LLC	$260M	1,000,011	+83,339	ADD
31	Swiss National Bank	$211M	808,800	+50,080	ADD
32	DEUTSCHE BANK AG\	$207M	794,975	+80,449	ADD
33	HSBC HOLDINGS PLC	$207M	794,401	−844,089	TRIM
34	AQR CAPITAL MANAGEMENT LLC	$205M	798,243	+306,364	ADD
35	ROYAL BANK OF CANADA	$201M	772,673	+18,487	ADD
36	Nuveen, LLC	$198M	762,273	−400,387	TRIM
37	Guinness Asset Management LTD	$198M	763,107	−49,759	TRIM
38	Cerity Partners LLC	$198M	760,289	−81,588	TRIM
39	National Pension Service	$186M	715,186	+715,186	NEW
40	RAYMOND JAMES FINANCIAL INC	$181M	693,647	−63,348	TRIM
41	ProShare Advisors LLC	$176M	675,558	−753	TRIM
42	BARCLAYS PLC	$172M	661,271	+50,314	ADD
43	RENAISSANCE TECHNOLOGIES LLC	$172M	659,840	+538,200	ADD
44	Sumitomo Mitsui Trust Group, Inc.	$164M	628,818	−42,780	TRIM
45	Mitsubishi UFJ Asset Management Co., Ltd.	$163M	627,921	+41,015	ADD
46	Alecta Tjanstepension Omsesidigt	$157M	603,500	−210,200	TRIM
47	BAHL & GAYNOR INC	$157M	603,106	−17,312	TRIM
48	LPL Financial LLC	$157M	602,568	+34,009	ADD
49	VOLORIDGE INVESTMENT MANAGEMENT, LLC	$152M	583,967	+49,425	ADD
50	VANGUARD ASSET MANAGEMENT, Ltd	$152M	583,574	—	NO PRIOR
51	Vanguard Global Advisers, LLC	$150M	576,227	—	NO PRIOR
52	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC	$146M	559,652	+148,839	ADD
53	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	$134M	514,003	−7,983	TRIM
54	CITADEL ADVISORS LLC	$121M	463,222	−52,619	TRIM
55	ENVESTNET ASSET MANAGEMENT INC	$118M	452,159	−2,680	TRIM
56	BNP Paribas Asset Management Holding S.A.	$112M	428,381	+15,690	ADD
57	BANK OF MONTREAL /CAN/	$109M	417,825	−40,393	TRIM
58	Squarepoint Ops LLC	$106M	408,744	−8,343	TRIM
59	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	$104M	401,473	−107,963	TRIM
60	FENIMORE ASSET MANAGEMENT INC	$101M	389,511	−6,117	TRIM
61	Empower Advisory Group, LLC	$101M	386,628	+2,499	ADD
62	Pictet Asset Management Holding SA	$98.6M	378,869	−1,556	TRIM
63	FRANKLIN RESOURCES INC	$98.4M	378,121	−496,747	TRIM
64	WORLDQUANT MILLENNIUM ADVISORS LLC	$98.1M	376,712	+22,482	ADD
65	BLAIR WILLIAM & CO/IL	$93.8M	360,320	−9,107	TRIM
66	Mitsubishi UFJ Trust & Banking Corp	$89.9M	345,227	+20,027	ADD
67	SEI INVESTMENTS CO	$89.7M	344,612	+114,064	ADD
68	ROYAL LONDON ASSET MANAGEMENT LTD	$89.3M	342,984	−5,013	TRIM
69	NEW YORK STATE COMMON RETIREMENT FUND	$88.0M	338,240	0	NO CHANGE
70	PRINCIPAL FINANCIAL GROUP INC	$86.4M	331,946	+4,372	ADD
71	FIFTH THIRD BANCORP	$85.6M	329,056	+47,585	ADD
72	MARKEL GROUP INC.	$85.2M	327,500	0	NO CHANGE
73	JOHNSON INVESTMENT COUNSEL INC	$83.7M	321,388	+121	ADD
74	SATURNA CAPITAL CORP	$79.7M	306,212	+306,212	NEW
75	Baird Financial Group, Inc.	$77.4M	297,191	+297,191	NEW
76	CITIGROUP INC	$76.4M	293,413	+14,272	ADD
77	Quantinno Capital Management LP	$72.1M	277,069	+75,135	ADD
78	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	$67.5M	259,312	−2,669	TRIM
79	GLENMEDE TRUST CO NA	$66.4M	255,161	−4,123	TRIM
80	Clearbridge Investments, LLC	$66.0M	253,529	−28,949	TRIM
81	Aberdeen Group plc	$65.7M	252,536	+7,032	ADD
82	J. Safra Sarasin Holding AG	$65.6M	252,143	+9,491	ADD
83	ALLIANCEBERNSTEIN L.P.	$65.4M	265,482	−36,079	TRIM
84	NOMURA ASSET MANAGEMENT CO LTD	$65.2M	250,545	+5,128	ADD
85	MILLENNIUM MANAGEMENT LLC	$65.1M	250,034	+60,825	ADD
86	US BANCORP \DE\	$64.6M	248,347	−286	TRIM
87	Corient Private Wealth LLC	$63.9M	246,559	−991,426	TRIM
88	AVIVA PLC	$63.7M	244,660	+7,301	ADD
89	1832 Asset Management L.P.	$62.0M	238,337	−2,400	TRIM
90	LAZARD ASSET MANAGEMENT LLC	$61.5M	236,429	−49,486	TRIM
91	Lansforsakringar Fondforvaltning AB (publ)	$54.6M	209,736	+1,436	ADD
92	STOREBRAND ASSET MANAGEMENT AS	$53.9M	207,162	—	NO PRIOR
93	CONFLUENCE INVESTMENT MANAGEMENT LLC	$53.9M	207,159	−8,752	TRIM
94	COMPASS CAPITAL MANAGEMENT, INC	$53.5M	205,582	−17,978	TRIM
95	FIRST TRUST ADVISORS LP	$53.1M	204,158	+19,286	ADD
96	Vest Financial, LLC	$51.9M	199,215	+4,212	ADD
97	FLOSSBACH VON STORCH SE	$51.5M	197,788	−64,535	TRIM
98	NATIONAL BANK OF CANADA /FI/	$51.2M	196,563	+6,642	ADD
99	Mariner, LLC	$51.0M	195,994	+8,216	ADD
100	Eurizon Capital SGR S.p.A.	$50.2M	192,712	+28,247	ADD
101	BARTLETT & CO. WEALTH MANAGEMENT LLC	$48.9M	194,160	−6,216	TRIM
102	Universal- Beteiligungs- und Servicegesellschaft mbH	$47.3M	181,595	+7,745	ADD
103	CIBC Bancorp USA Inc.	$47.3M	181,583	—	NO PRIOR
104	Retirement Systems of Alabama	$47.0M	180,622	−467	TRIM
105	FEDERATED HERMES, INC.	$46.2M	177,601	−1,576	TRIM
106	NICHOLAS COMPANY, INC.	$45.6M	175,280	−135	TRIM
107	Korea Investment CORP	$43.8M	168,199	−61,129	TRIM
108	VICTORY CAPITAL MANAGEMENT INC	$43.3M	166,491	−766,763	TRIM
109	GRANDFIELD & DODD, LLC	$42.5M	163,248	+1,674	ADD
110	DnB Asset Management AS	$42.1M	161,881	+54,709	ADD
111	Vinva Investment Management Ltd	$41.9M	163,371	+51,770	ADD
112	TEACHER RETIREMENT SYSTEM OF TEXAS	$41.5M	159,484	−760	TRIM
113	DANSKE BANK A/S	$41.1M	157,819	+7,072	ADD
114	STATE OF WISCONSIN INVESTMENT BOARD	$40.4M	155,397	+3,793	ADD
115	HighTower Advisors, LLC	$40.4M	155,140	+1,283	ADD
116	BENJAMIN EDWARDS INC	$39.9M	153,186	−38,006	TRIM
117	COMMONWEALTH EQUITY SERVICES, LLC	$38.6M	148,275	−5,923	TRIM
118	&PARTNERS	$37.5M	144,333	−12,975	TRIM
119	KLP KAPITALFORVALTNING AS	$37.0M	141,585	−51,960	TRIM
120	MANUFACTURERS LIFE INSURANCE COMPANY, THE	$36.2M	138,912	−13,712	TRIM
121	MEYER HANDELMAN CO	$36.1M	138,836	−550	TRIM
122	Vanguard Investments Australia, Ltd.	$35.9M	137,835	—	NO PRIOR
123	Zurcher Kantonalbank (Zurich Cantonalbank)	$35.6M	136,930	+136,930	NEW
124	Chevy Chase Trust Holdings, LLC	$35.2M	135,137	−15,963	TRIM
125	Cetera Investment Advisers	$35.1M	134,943	+10,272	ADD
126	SMITH CHAS P & ASSOCIATES PA CPAS	$34.6M	133,049	+13,278	ADD
127	KING LUTHER CAPITAL MANAGEMENT CORP	$34.4M	132,273	−3,876	TRIM
128	CONNING INC.	$34.2M	131,517	+100	ADD
129	Trexquant Investment LP	$34.2M	131,326	+63,331	ADD
130	APG Asset Management N.V.	$34.1M	150,880	−280	TRIM
131	COMMERCE BANK	$33.9M	130,322	+1,101	ADD
132	PRUDENTIAL FINANCIAL INC	$33.2M	127,566	−5,044	TRIM
133	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	$31.3M	120,132	−669	TRIM
134	SEB Asset Management AB	$30.4M	116,973	—	NO PRIOR
135	Asset Management One Co., Ltd.	$30.3M	116,306	−1,559	TRIM
136	CIBC Asset Management Inc	$30.0M	115,435	+1,446	ADD
137	PACIFIC HEIGHTS ASSET MANAGEMENT LLC	$29.9M	115,000	0	NO CHANGE
138	DEARBORN PARTNERS LLC	$29.9M	114,961	−27,864	TRIM
139	Mediolanum International Funds Ltd	$29.5M	115,132	−5,150	TRIM
140	COERENTE CAPITAL MANAGEMENT	$27.4M	105,243	−268	TRIM
141	TD ASSET MANAGEMENT INC	$27.3M	104,848	+2,854	ADD
142	Resona Asset Management Co.,Ltd.	$27.1M	104,655	+680	ADD
143	Gotham Asset Management, LLC	$26.4M	101,595	+10,589	ADD
144	NISA INVESTMENT ADVISORS, LLC	$26.4M	100,738	−2,838	TRIM
145	Norinchukin Bank, The	$25.7M	98,623	−11,766	TRIM
146	Connor, Clark & Lunn Investment Management Ltd.	$25.6M	98,266	−122,541	TRIM
147	O'SHAUGHNESSY ASSET MANAGEMENT, LLC	$25.3M	97,375	+17,444	ADD
148	Creative Planning	$25.0M	96,152	+9,297	ADD
149	FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND	$25.0M	96,072	+38,660	ADD
150	State of New Jersey Common Pension Fund D	$25.0M	95,921	0	NO CHANGE
151	Arbejdsmarkedets Tillaegspension	$24.9M	95,595	+1,288	ADD
152	Regents Gate Capital LLP	$24.3M	93,388	+93,388	NEW
153	CREDIT AGRICOLE S A	$24.1M	92,727	−13,899	TRIM
154	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	$23.9M	140,131	+16,762	ADD
155	RENAISSANCE GROUP LLC	$23.9M	91,759	+90,152	ADD
156	JANE STREET GROUP, LLC	$23.7M	91,082	+59,938	ADD
157	Kestra Advisory Services, LLC	$23.6M	90,548	+4,524	ADD
158	MACKENZIE FINANCIAL CORP	$23.0M	88,551	+3,432	ADD
159	KANAWHA CAPITAL MANAGEMENT LLC	$22.8M	87,781	−420	TRIM
160	UNITED CAPITAL FINANCIAL ADVISORS, LLC	$22.5M	86,378	+86,378	NEW
161	AMERICAN CENTURY COMPANIES INC	$22.3M	85,490	+14,331	ADD
162	Focus Partners Wealth	$22.3M	85,364	+4,156	ADD
163	Cannell & Spears LLC	$21.6M	82,809	−668	TRIM
164	Tredje AP-fonden	$21.0M	80,785	+80,785	NEW
165	Swedbank AB	$20.7M	79,583	−15,381	TRIM
166	OSAIC HOLDINGS, INC.	$20.7M	79,475	+75	ADD
167	BROWN ADVISORY INC	$20.6M	79,274	−2,121	TRIM
168	Swiss Life Asset Management Ltd	$20.6M	79,149	+9,286	ADD
169	TORONTO DOMINION BANK	$20.5M	78,786	−76,410	TRIM
170	Chesley Taft & Associates LLC	$20.3M	77,905	−354	TRIM
171	STATE OF MICHIGAN RETIREMENT SYSTEM	$20.0M	76,936	−600	TRIM
172	Aware Super Pty Ltd as trustee of Aware Super	$19.9M	76,367	—	NO PRIOR
173	Railway Pension Investments Ltd	$19.8M	76,163	−9,600	TRIM
174	Arizona State Retirement System	$19.7M	75,511	−2,595	TRIM
175	MERCER GLOBAL ADVISORS INC /ADV	$19.2M	73,599	+1,449	ADD
176	Mirae Asset Global Investments Co., Ltd.	$18.9M	72,570	+9,265	ADD
177	Madison Asset Management, LLC	$18.9M	72,466	−14,495	TRIM
178	FIDUCIARY TRUST CO	$18.8M	72,407	−2,960	TRIM
179	Ensign Peak Advisors, Inc	$18.7M	71,653	+35,539	ADD
180	Czech National Bank	$18.6M	71,426	+1,815	ADD
181	Empowered Funds, LLC	$17.4M	66,936	+66,936	NEW
182	Calamos Advisors LLC	$16.4M	63,197	+2,295	ADD
183	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	$15.9M	61,092	−314	TRIM
184	XPONANCE LLC	$15.8M	60,545	+6,198	ADD
185	Gradient Investments LLC	$15.7M	60,187	−2,490	TRIM
186	YOUSIF CAPITAL MANAGEMENT, LLC	$15.3M	58,949	−1,941	TRIM
187	Illinois Municipal Retirement Fund	$15.2M	58,539	+3,286	ADD
188	Advisors Asset Management, Inc.	$15.1M	58,021	+2,323	ADD
189	Man Group plc	$14.9M	57,090	−27,579	TRIM
190	Wealthfront Advisers LLC	$14.6M	55,980	+5,698	ADD
191	Sanctuary Advisors, LLC	$14.6M	55,958	−11,104	TRIM
192	IFM Investors Pty Ltd	$14.3M	55,122	+1,454	ADD
193	MATHER GROUP, LLC.	$14.3M	54,865	−10,518	TRIM
194	Cohen Klingenstein LLC	$14.2M	54,601	0	NO CHANGE
195	ASR Vermogensbeheer N.V.	$14.2M	54,505	+1,530	ADD
196	NATIXIS	$14.1M	54,312	−11,504	TRIM
197	USS Investment Management Ltd	$14.0M	53,944	+1,917	ADD
198	Rockefeller Capital Management L.P.	$14.0M	53,601	−67,559	TRIM
199	Avanza Fonder AB	$13.9M	53,395	−395	TRIM
200	TRUIST FINANCIAL CORP	$13.8M	53,058	−384	TRIM
201	REGIONS FINANCIAL CORP	$13.6M	52,279	−1,381	TRIM
202	Andra AP-fonden	$13.6M	52,106	−49,594	TRIM
203	Vanguard Personalized Indexing Management, LLC	$13.3M	51,179	+1,880	ADD
204	Pathstone Holdings, LLC	$12.6M	48,421	+975	ADD
205	Daiwa Securities Group Inc.	$12.6M	48,387	+2,093	ADD
206	KEYBANK NATIONAL ASSOCIATION/OH	$12.6M	48,373	+590	ADD
207	Candriam S.C.A.	$12.6M	48,275	−581	TRIM
208	Cresset Asset Management, LLC	$12.6M	47,997	+6,528	ADD
209	EDMOND DE ROTHSCHILD HOLDING S.A.	$12.4M	47,680	+6,576	ADD
210	NorthCrest Asset Manangement, LLC	$12.3M	47,493	−16,520	TRIM
211	Utah Retirement Systems	$12.3M	47,092	−1,148	TRIM
212	VOYA INVESTMENT MANAGEMENT LLC	$12.2M	46,752	−281	TRIM
213	Ethic Inc.	$12.1M	46,614	−1,383	TRIM
214	Vident Advisory, LLC	$12.1M	46,541	+2,626	ADD
215	Ramsay, Stattman, Vela & Price, Inc.	$11.7M	44,994	−4,679	TRIM
216	GUARDIAN CAPITAL LP	$11.6M	44,452	+17,763	ADD
217	M&T BANK CORP	$11.6M	44,396	−635	TRIM
218	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	$11.5M	44,262	+4,424	ADD
219	Bank Julius Baer & Co. Ltd, Zurich	$11.5M	44,308	−5,967	TRIM
220	Waverly Advisors, LLC	$11.5M	44,090	−3,392	TRIM
221	Cardinal Capital Management	$11.4M	43,607	+43,607	NEW
222	PINNACLE ASSOCIATES LTD	$11.4M	43,745	−234	TRIM
223	McGuire Investment Group, LLC	$11.3M	43,466	−274	TRIM
224	Biondo Investment Advisors, LLC	$11.3M	43,441	+524	ADD
225	Tidal Investments LLC	$10.9M	41,896	+6,481	ADD
226	NORDEA INVESTMENT MANAGEMENT AB	$10.6M	41,494	−3,326	TRIM
227	PUBLIC SECTOR PENSION INVESTMENT BOARD	$10.6M	40,624	+7,945	ADD
228	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	$10.3M	39,654	−915	TRIM
229	JGP Wealth Management, LLC	$10.2M	39,348	+86	ADD
230	Merit Financial Group, LLC	$10.2M	39,015	+5,621	ADD
231	Rakuten Investment Management, Inc.	$10.1M	39,588	+4,312	ADD
232	Private Advisor Group, LLC	$10.0M	38,514	+423	ADD
233	Sumitomo Mitsui DS Asset Management Company, Ltd	$10.0M	38,441	+72	ADD
234	NewEdge Advisors, LLC	$9.9M	38,132	+38,132	NEW
235	BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp	$9.9M	37,984	−11,156	TRIM
236	NEOS Investment Management LLC	$9.8M	37,711	+2,370	ADD
237	CANADA PENSION PLAN INVESTMENT BOARD	$9.8M	37,694	+21,127	ADD
238	BANK OF NOVA SCOTIA	$9.8M	37,484	−17,356	TRIM
239	M. Kraus & Co	$9.7M	37,412	−663	TRIM
240	Curi Capital, LLC	$9.7M	37,007	−7,228	TRIM
241	Janus Henderson Group Ltd.	$9.6M	37,062	+2,817	ADD
242	LOCKHEED MARTIN INVESTMENT MANAGEMENT CO	$9.6M	36,930	+400	ADD
243	NISSAY ASSET MANAGEMENT CORP /JAPAN	$9.6M	36,815	+362	ADD
244	FARMERS & MERCHANTS INVESTMENTS INC	$9.6M	36,739	−290	TRIM
245	GUGGENHEIM CAPITAL LLC	$9.3M	35,898	+2,241	ADD
246	Shelter Mutual Insurance Co	$9.3M	35,840	0	NO CHANGE
247	Van Hulzen Asset Management, LLC	$9.3M	35,802	+2,600	ADD
248	MATTERN CAPITAL MANAGEMENT, LLC	$9.2M	35,455	−175	TRIM
249	Bridgewater Associates, LP	$9.1M	35,054	+10,551	ADD
250	Hudson Bay Capital Management LP	$9.1M	35,000	+20,000	ADD
251	Federation des caisses Desjardins du Quebec	$9.0M	34,547	+5,678	ADD
252	NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	$8.9M	34,168	+34,168	NEW
253	Sky Investment Group LLC	$8.8M	33,799	−662	TRIM
254	Allspring Global Investments Holdings, LLC	$8.7M	33,556	−4,640	TRIM
255	AIA Group Ltd	$8.5M	32,630	+11,954	ADD
256	Windle Wealth, LLC	$8.2M	31,601	+589	ADD
257	CLIFFORD SWAN INVESTMENT COUNSEL LLC	$8.2M	31,515	−152	TRIM
258	Mesirow Financial Investment Management, Inc.	$8.0M	30,899	−424	TRIM
259	ALPS ADVISORS INC	$8.0M	30,756	−2,211	TRIM
260	Haverford Trust Co	$8.0M	30,600	−5,839	TRIM
261	Meiji Yasuda Asset Management Co Ltd.	$7.9M	30,376	+1,037	ADD
262	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	$7.8M	29,971	−300	TRIM
263	Generali Asset Management SPA SGR	$7.7M	29,652	−5,607	TRIM
264	ING GROEP NV	$7.7M	29,599	−58,293	TRIM
265	HAMEL ASSOCIATES, INC.	$7.6M	29,290	−140	TRIM
266	Groupe la Francaise	$7.6M	29,148	+2,087	ADD
267	Steward Partners Investment Advisory, LLC	$7.6M	29,032	+851	ADD
268	Kingsview Wealth Management, LLC	$7.5M	28,919	+4,017	ADD
269	Allianz Asset Management GmbH	$7.5M	28,841	+6,308	ADD
270	Elo Mutual Pension Insurance Co	$7.3M	28,150	+3,301	ADD
271	DAVENPORT & Co LLC	$7.3M	28,046	−308	TRIM
272	TOCQUEVILLE ASSET MANAGEMENT L.P.	$7.3M	27,962	0	NO CHANGE
273	MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC	$7.3M	27,902	−451	TRIM
274	Jefferies Financial Group Inc.	$7.2M	27,836	−63,530	TRIM
275	Vontobel Holding Ltd.	$7.1M	27,409	0	NO CHANGE
276	OP Asset Management Ltd	$7.1M	27,408	—	NO PRIOR
277	Ascent Wealth Partners, LLC	$7.1M	27,361	+555	ADD
278	Lido Advisors, LLC	$7.1M	27,118	−4,863	TRIM
279	Concurrent Investment Advisors, LLC	$6.9M	26,596	+1,484	ADD
280	Y-Intercept (Hong Kong) Ltd	$6.9M	26,548	+26,548	NEW
281	Prospera Financial Services Inc	$6.9M	26,483	−499	TRIM
282	Faithward Advisors, LLC	$6.9M	83,763	+81,478	ADD
283	SHELTON CAPITAL MANAGEMENT	$6.8M	26,198	+753	ADD
284	Eliot Finkel Investment Counsel, LLC	$6.8M	25,940	−40	TRIM
285	MACQUARIE GROUP LTD	$6.7M	25,929	−10,883	TRIM
286	BALDWIN WEALTH PARTNERS LLC/MA	$6.6M	25,524	−1,477	TRIM
287	WESTPAC BANKING CORP	$6.6M	25,388	+748	ADD
288	DLK Investment Management, LLC	$6.6M	25,235	−31	TRIM
289	XTX Topco Ltd	$6.6M	25,194	+19,959	ADD
290	Tradewinds, LLC.	$6.5M	25,619	−2,010	TRIM
291	BEACON INVESTMENT ADVISORY SERVICES, INC.	$6.5M	24,833	−2,017	TRIM
292	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	$6.5M	24,806	+3,027	ADD
293	HB Wealth Management, LLC	$6.4M	24,768	+813	ADD
294	PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC	$6.4M	24,731	−2,375	TRIM
295	GRIFFIN ASSET MANAGEMENT, INC.	$6.4M	24,529	−240	TRIM
296	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	$6.4M	24,511	−194	TRIM
297	PFA Pension, Forsikringsaktieselskab	$6.4M	24,446	+24,446	NEW
298	Sterling Capital Management LLC	$6.4M	24,440	+19,197	ADD
299	FIDUCIENT ADVISORS LLC	$6.4M	24,250	−37	TRIM
300	Stratos Wealth Partners, LTD.	$6.3M	24,391	−929	TRIM
301	Penobscot Investment Management Company, Inc.	$6.3M	24,321	−780	TRIM
302	CARDEROCK CAPITAL MANAGEMENT INC	$6.3M	24,193	+555	ADD
303	Sagewood Asset Management LP	$6.2M	23,867	+2,027	ADD
304	HM PAYSON & CO	$6.2M	23,638	−74	TRIM
305	SUSQUEHANNA INTERNATIONAL GROUP, LLP	$6.1M	23,454	−28,016	TRIM
306	Chicago Capital, LLC	$6.1M	23,332	0	NO CHANGE
307	OMERS ADMINISTRATION Corp	$6.0M	23,129	+10,597	ADD
308	Hills Bank & Trust Co	$6.0M	23,046	−416	TRIM
309	WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC	$5.9M	22,705	+868	ADD
310	Qsemble Capital Management, LP	$5.9M	22,571	+22,571	NEW
311	UniSuper Management Pty Ltd	$5.9M	22,480	−572	TRIM
312	MAI Capital Management	$5.8M	22,355	−197	TRIM
313	WELCH & FORBES LLC	$5.8M	22,120	0	NO CHANGE
314	Sage Capital Advisors,llc	$5.6M	21,694	+31	ADD
315	Evercore Wealth Management, LLC	$5.6M	21,442	−5	TRIM
316	Orion Porfolio Solutions, LLC	$5.5M	21,272	−2,729	TRIM
317	Chronos Wealth Management, LLC	$5.5M	21,123	−190	TRIM
318	ARCADIA INVESTMENT MANAGEMENT CORP/MI	$5.5M	21,078	−6,222	TRIM
319	BLI - Banque de Luxembourg Investments	$5.4M	21,900	+21,900	NEW
320	Crossmark Global Holdings, Inc.	$5.3M	20,333	—	NO PRIOR
321	PEAK6 LLC	$5.3M	20,217	+20,095	ADD
322	Lifeworks Advisors, LLC	$5.2M	20,007	−2,551	TRIM
323	ROMANO BROTHERS AND COMPANY	$5.2M	19,859	−121	TRIM
324	Pinnacle Wealth Management Advisory Group, LLC	$5.2M	19,836	+203	ADD
325	Investment Management Corp of Ontario	$5.1M	19,735	−28,544	TRIM
326	RWA WEALTH PARTNERS, LLC	$5.1M	19,578	−1,067	TRIM
327	CWM, LLC	$5.1M	19,570	+664	ADD
328	Beacon Pointe Advisors, LLC	$5.1M	19,445	+2,959	ADD
329	Atlantic Union Bankshares Corp	$5.1M	19,421	−9,092	TRIM
330	Stonebrook Private Inc.	$4.9M	18,864	+282	ADD
331	Composition Wealth, LLC	$4.9M	18,864	−900	TRIM
332	BONTEMPO OHLY CAPITAL MGMT LLC	$4.9M	18,704	+1,185	ADD
333	Brevan Howard Capital Management LP	$4.9M	18,652	+13,784	ADD
334	Siemens Fonds Invest GmbH	$4.9M	18,644	−1	TRIM
335	ExodusPoint Capital Management, LP	$4.8M	18,480	−14,808	TRIM
336	Lombard Odier Asset Management (Switzerland) SA	$4.8M	18,308	+5,520	ADD
337	Carnegie Investment Counsel	$4.8M	18,304	−1,557	TRIM
338	Rockline Wealth Management, LLC	$4.8M	18,279	−509	TRIM
339	UMB Bank, n.a.	$4.7M	18,160	−3,093	TRIM
340	Henrickson Nauta Wealth Advisors, Inc.	$4.7M	18,025	−17,955	TRIM
341	Equitable Holdings, Inc.	$4.7M	18,280	+14,756	ADD
342	MONETA GROUP INVESTMENT ADVISORS LLC	$4.7M	18,026	−77	TRIM
343	CHOREO, LLC	$4.6M	17,736	+1,471	ADD
344	Atria Investments, Inc	$4.6M	17,713	+2,174	ADD
345	Arax Advisory Partners	$4.6M	17,577	+12,058	ADD
346	D.A. DAVIDSON & CO.	$4.5M	17,431	+475	ADD
347	Laird Norton Wetherby Trust Company, LLC	$4.5M	17,060	−508	TRIM
348	Rafferty Asset Management, LLC	$4.4M	17,077	−6,440	TRIM
349	Uncommon Cents Investing LLC	$4.4M	16,985	+120	ADD
350	Slow Capital, Inc.	$4.4M	16,848	+3,134	ADD
351	BRADY FAMILY WEALTH, LLC	$4.4M	16,861	+340	ADD
352	ASSOCIATED BANC-CORP	$4.4M	16,845	−323	TRIM
353	OPPENHEIMER & CO INC	$4.4M	16,825	−291	TRIM
354	STEPHENS INC /AR/	$4.4M	16,629	−243	TRIM
355	QRG CAPITAL MANAGEMENT, INC.	$4.3M	16,619	+3,563	ADD
356	Freestone Grove Partners LP	$4.3M	16,610	+16,610	NEW
357	Voleon Capital Management LP	$4.3M	16,423	−16,176	TRIM
358	ABN AMRO INVESTMENT SOLUTIONS	$4.3M	16,329	−69	TRIM
359	LYNCH & ASSOCIATES/IN	$4.2M	16,321	−285	TRIM
360	Radnor Capital Management, LLC	$4.2M	16,162	−40	TRIM
361	MIZUHO SECURITIES USA LLC	$4.1M	15,855	−3,367	TRIM
362	Quadrature Capital Ltd	$4.1M	15,820	+15,820	NEW
363	Thrive Capital Management, LLC	$4.1M	15,780	−666	TRIM
364	IHT Wealth Management, LLC	$4.0M	15,304	+221	ADD
365	Edgestream Partners, L.P.	$3.9M	15,161	−32,214	TRIM
366	BURNEY CO/	$3.9M	15,139	−744	TRIM
367	HORAN Wealth, LLC	$3.9M	15,103	+485	ADD
368	Barbara Oil Co.	$3.9M	15,000	0	NO CHANGE
369	SCHMIDT P J INVESTMENT MANAGEMENT INC	$3.9M	14,963	−401	TRIM
370	QUADRANT CAPITAL GROUP LLC	$3.8M	14,752	+2,658	ADD
371	SHUFRO ROSE & CO LLC	$3.8M	14,714	−690	TRIM
372	Capital Investment Advisors, LLC	$3.8M	14,665	+600	ADD
373	Maryland State Retirement & Pension System	$3.8M	14,618	0	NO CHANGE
374	Plato Investment Management Ltd	$3.8M	14,584	−2,400	TRIM
375	MML INVESTORS SERVICES, LLC	$3.8M	14,581	−1,664	TRIM
376	BAILARD, INC.	$3.8M	14,553	−171	TRIM
377	World Investment Advisors	$3.8M	14,461	−2,379	TRIM
378	Summit Trail Advisors, LLC	$3.7M	14,222	+4,910	ADD
379	Strong Tower Advisory Services	$3.7M	14,047	−56	TRIM
380	Engineers Gate Manager LP	$3.6M	14,017	−1,849	TRIM
381	CIBC WORLD MARKET INC.	$3.6M	14,009	+159	ADD
382	Keel Point, LLC	$3.6M	13,924	−3,062	TRIM
383	Wilmington Savings Fund Society, FSB	$3.6M	13,719	−19	TRIM
384	Glenview Trust Co	$3.6M	13,708	−16	TRIM
385	Loudon Investment Management, LLC	$3.6M	13,680	+115	ADD
386	Occidental Asset Management, LLC	$3.6M	13,670	−3,533	TRIM
387	FIRST MANHATTAN CO. LLC.	$3.6M	13,583	−2,295	TRIM
388	Morningstar Investment Management LLC	$3.5M	13,414	−7,857	TRIM
389	CI INVESTMENTS INC.	$3.4M	13,247	−98	TRIM
390	LOWE BROCKENBROUGH & CO INC	$3.4M	13,226	−205	TRIM
391	Savant Capital, LLC	$3.4M	13,128	+1,192	ADD
392	IEQ CAPITAL, LLC	$3.4M	13,063	−7,303	TRIM
393	FLPUTNAM INVESTMENT MANAGEMENT CO	$3.4M	12,985	−728	TRIM
394	STUDIO INVESTMENT MANAGEMENT LLC	$3.3M	12,724	+12,724	NEW
395	PRUDENTIAL PLC	$3.3M	12,788	−20,250	TRIM
396	LEVEL FOUR ADVISORY SERVICES, LLC	$3.3M	12,721	+661	ADD
397	PDT Partners, LLC	$3.3M	12,600	+12,600	NEW
398	ROBERTS GLORE & CO INC /IL/	$3.2M	12,443	−107	TRIM
399	Arjuna Capital	$3.2M	12,398	+198	ADD
400	Caprock Group, LLC	$3.2M	12,155	−195	TRIM
401	Clearstead Advisors, LLC	$3.2M	12,212	−870	TRIM
402	Cordatus Wealth Management LLC	$3.2M	12,180	+85	ADD
403	Machina Capital S.A.S.	$3.2M	12,133	−1,564	TRIM
404	Apollon Wealth Management, LLC	$3.1M	11,959	+277	ADD
405	Midwest Trust Co	$3.1M	11,877	−1,474	TRIM
406	DUNCKER STREETT & CO INC	$3.1M	11,846	−93	TRIM
407	Integras Partners LLC	$3.1M	11,791	+88	ADD
408	Banque Cantonale Vaudoise	$3.1M	11,761	+2,761	ADD
409	TICINO WEALTH	$3.0M	11,272	−1,070	TRIM
410	AG2R LA MONDIALE GESTION D'ACTIFS	$3.0M	11,607	+154	ADD
411	Choate Investment Advisors	$3.0M	11,528	−185	TRIM
412	RITHOLTZ WEALTH MANAGEMENT	$3.0M	11,499	+1,453	ADD
413	ANB BANK	$3.0M	11,484	+58	ADD
414	Fiduciary Group, LLC	$3.0M	11,334	−9	TRIM
415	Snowden Capital Advisors LLC	$2.9M	11,221	+96	ADD
416	Harrington Investments, INC	$2.9M	11,205	+109	ADD
417	Sequoia Financial Advisors, LLC	$2.9M	11,152	+1,081	ADD
418	Sawyer & Company, Inc	$2.8M	10,927	+45	ADD
419	GATEWAY INVESTMENT ADVISERS LLC	$2.8M	10,839	+5,822	ADD
420	MUFG Securities EMEA plc	$2.8M	10,752	−70	TRIM
421	TI-TRUST, INC	$2.8M	10,733	0	NO CHANGE
422	Kerusso Capital Management LLC	$2.8M	10,718	−759	TRIM
423	Global X Japan Co., Ltd.	$2.8M	10,576	+383	ADD
424	CULLINAN ASSOCIATES INC	$2.7M	10,526	−3,480	TRIM
425	GW HENSSLER & ASSOCIATES LTD	$2.7M	10,488	−698	TRIM
426	GREENLEAF TRUST	$2.7M	10,454	+734	ADD
427	KESTRA PRIVATE WEALTH SERVICES, LLC	$2.7M	10,432	−183	TRIM
428	Taproot Management LP	$2.7M	10,406	+10,406	NEW
429	Columbia Asset Management	$2.7M	10,390	0	NO CHANGE
430	Pine Valley Investments Ltd Liability Co	$2.7M	10,339	+252	ADD
431	SECURED RETIREMENT ADVISORS, LLC	$2.7M	10,287	+146	ADD
432	LETSON INVESTMENT MANAGEMENT, INC.	$2.7M	10,281	+26	ADD
433	United Asset Strategies, Inc.	$2.7M	10,273	−42	TRIM
434	Dai-ichi Life Insurance Company, Ltd	$2.7M	10,270	−665	TRIM
435	Focus Partners Advisor Solutions, LLC	$2.7M	10,261	−1,378	TRIM
436	PANAGORA ASSET MANAGEMENT INC	$2.7M	10,244	0	NO CHANGE
437	LEAVELL INVESTMENT MANAGEMENT, INC.	$2.6M	10,081	+8	ADD
438	GRIMES & Co WEALTH MANAGEMENT, LLC	$2.6M	9,868	−11	TRIM
439	NOMURA HOLDINGS INC	$2.6M	9,865	+5,920	ADD
440	Rodgers Brothers Inc.	$2.6M	9,835	−150	TRIM
441	Argo Wealth Advisory, LLC	$2.6M	9,814	+164	ADD
442	BCS Private Wealth Management, Inc.	$2.5M	9,666	+1,916	ADD
443	HOWLAND CAPITAL MANAGEMENT LLC	$2.5M	9,618	−84	TRIM
444	ICW Investment Advisors LLC	$2.5M	9,557	+61	ADD
445	EADS & HEALD WEALTH MANAGEMENT	$2.5M	9,481	−29	TRIM
446	Valmark Advisers, Inc.	$2.5M	9,453	−64	TRIM
447	Brooklyn Investment Group	$2.5M	9,443	+4,547	ADD
448	Palumbo Wealth Management LLC	$2.5M	9,433	−1,111	TRIM
449	Empirical Finance, LLC	$2.4M	9,324	−21	TRIM
450	TOMPKINS FINANCIAL CORP	$2.4M	9,254	0	NO CHANGE
451	CMH Wealth Management LLC	$2.4M	9,187	+9,187	NEW
452	Shoker Investment Counsel, Inc.	$2.4M	9,184	−816	TRIM
453	MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC	$2.4M	9,156	−325	TRIM
454	AZZAD ASSET MANAGEMENT INC /ADV	$2.4M	9,153	−272	TRIM
455	LANDSCAPE CAPITAL MANAGEMENT, L.L.C.	$2.4M	9,150	+554	ADD
456	INTECH INVESTMENT MANAGEMENT LLC	$2.4M	9,127	+1,423	ADD
457	PRINCIPAL SECURITIES, INC.	$2.4M	9,115	+1,499	ADD
458	CARRET ASSET MANAGEMENT, LLC	$2.4M	9,041	+1	ADD
459	McKinley Carter Wealth Services, Inc.	$2.3M	9,016	+196	ADD
460	MITCHELL & PAHL PRIVATE WEALTH, LLC	$2.3M	8,949	+184	ADD
461	AIMZ Investment Advisors, LLC	$2.3M	8,929	+2	ADD
462	Meeder Advisory Services, Inc.	$2.3M	8,924	+712	ADD
463	PFW Advisors LLC	$2.3M	8,922	−8	TRIM
464	Huntleigh Advisors, Inc.	$2.3M	8,888	+536	ADD
465	Northwest & Ethical Investments L.P.	$2.3M	8,881	0	NO CHANGE
466	Sound View Wealth Advisors Group, LLC	$2.3M	8,860	−157	TRIM
467	SCOTIA CAPITAL INC.	$2.3M	8,790	+344	ADD
468	TOKIO MARINE ASSET MANAGEMENT CO LTD	$2.3M	8,783	0	NO CHANGE
469	Ameritas Investment Partners, Inc.	$2.3M	8,771	+392	ADD
470	Birch Hill Investment Advisors LLC	$2.3M	8,763	0	NO CHANGE
471	NorthRock Partners, LLC	$2.3M	8,737	−148	TRIM
472	Aviance Capital Partners, LLC	$2.3M	8,725	0	NO CHANGE
473	Zurich Insurance Group Ltd/FI	$2.3M	8,700	0	NO CHANGE
474	Aristotle Capital Management, LLC	$2.3M	8,697	−8,189	TRIM
475	Texas Yale Capital Corp.	$2.3M	8,683	0	NO CHANGE
476	COLDSTREAM CAPITAL MANAGEMENT INC	$2.2M	8,643	+2,123	ADD
477	RKL Wealth Management LLC	$2.2M	8,610	−236	TRIM
478	EP Wealth Advisors, LLC	$2.2M	8,549	−1,073	TRIM
479	WEBSTER BANK, N. A.	$2.2M	8,546	+217	ADD
480	AE Wealth Management LLC	$2.2M	8,536	−2,115	TRIM
481	Tyche Wealth Partners LLC	$2.2M	8,533	−772	TRIM
482	Callan Family Office, LLC	$2.2M	8,453	−508	TRIM
483	Jacobi Capital Management LLC	$2.2M	8,410	−149	TRIM
484	Westerkirk Capital Inc.	$2.2M	8,400	−4,100	TRIM
485	North Dakota State Investment Board	$2.2M	8,394	−1,681	TRIM
486	NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC	$2.2M	8,392	−43	TRIM
487	Aull & Monroe Investment Management Corp	$2.2M	8,371	−100	TRIM
488	INTEGRITY ALLIANCE, LLC.	$2.2M	8,346	−9	TRIM
489	ALKEME WEALTH, LLC	$2.2M	8,333	+474	ADD
490	EFG International AG	$2.2M	8,290	−1,765	TRIM
491	Aurdan Capital Management, LLC	$2.1M	8,258	0	NO CHANGE
492	Vise Technologies, Inc.	$2.1M	8,707	0	NO CHANGE
493	Dakota Wealth Management	$2.1M	8,221	−290	TRIM
494	FULTON BREAKEFIELD BROENNIMAN LLC	$2.1M	8,150	+366	ADD
495	EASTERN BANK	$2.1M	8,146	−47	TRIM
496	AMG National Trust Bank	$2.1M	8,146	+67	ADD
497	Smartleaf Asset Management LLC	$2.1M	8,252	+113	ADD
498	KCM INVESTMENT ADVISORS LLC	$2.1M	8,084	−22	TRIM
499	SPIREPOINT PRIVATE CLIENT, LLC	$2.1M	8,080	−20	TRIM
500	MONTAG A & ASSOCIATES INC	$2.1M	8,030	+1,519	ADD

Truncated by Public Filings. Top 500 of 1,549 holders shown; the rest are on EDGAR. Method ↗

Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.

Congress ↔ notable managers · ITW

Congress · last 90 days

Buyers: 0 — —
Sellers: 3 Kevin Hern R–OK-1, Richard McCormick R–GA-7, Tommy Tuberville R–AL $97K–$280K

filed 2026-07-31 → 2026-10-29 · statutory ranges

Use of congressional disclosure reports for commercial purposes, credit decisions or solicitation is restricted by 5 U.S.C. §13107(c).

Notable managers · quarter ended 2026-03-31

Adding: 3 Gotham Asset Management, Bridgewater Associates, Caxton Associates $37.7M held
Trimming: 0 — $0 held

by shares · $ = value heldNEW + ADD vs TRIM + EXIT, by share count. $ = reported value now, not the change. · ILLINOIS TOOL WKS INC

Merged timeline of congressional filings and notable-manager moves on ITW
Date	Who	Change	Size
2026-09-25	Kevin Hern Congress	SELL	$15K–$50K
2026-09-25	Kevin Hern Congress	SELL	$50K–$100K
2026-09-25	Kevin Hern Congress	SELL	$15K–$50K
2026-09-25	Kevin Hern Congress	SELL	$15K–$50K
2026-08-14	Richard McCormick Congress	SELL	$1K–$15K
2026-08-05	Tommy Tuberville Congress	SELL	$1K–$15K
2026-05-15	Gotham Asset Management 13F	ADD	+10,589 sh
2026-05-15	Bridgewater Associates 13F	ADD	+10,551 sh
2026-05-14	Caxton Associates 13F	ADD	+906 sh

9 newest, by filing date · 13F rows are quarter-end snapshots, not trades

A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗

13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.

Positions are quarter-end snapshots filed up to 45 days late — not current holdings: a position may have changed or closed since the quarter ended.

Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars; each record notes its original unit.

Affiliated managers may report the same position, so one position can appear under more than one filer.

Positions under confidential treatment may be omitted until a later amendment discloses them.

These are disclosures, not investment advice.