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Stanley Black & Decker: Institutional Holdings

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Institutional holdings

The 13F filings on September 30 indicated that institutional investors own ~87.9% of Stanley Black & Decker’s (SWK) outstanding shares. A total of 817 institutions hold Stanley Black & Decker. Among the institutions, 323 increased their positions on Stanley Black & Decker, 354 reduced their positions, and 140 maintained their positions.

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What do institutional activities suggest?

Institutional investors were net buyers of Stanley Black & Decker during the third quarter. Institutional investors bought ~14.1 million shares, while they sold 11.15 million shares. The numbers suggest that institutional investors are positive on the stock. Based on the 13F filings on September 30, below are the top three institutional investors’ holdings.

  • JPMorgan Chase (JPM) holds the highest number of shares among institutional investors. JPMorgan Chase bought 1.82 million Stanley Black & Decker shares during the quarter, which took its tally to 12.56 million shares and represents ~8.3% of Stanley Black & Decker’s total outstanding common shares.
  • The Vanguard Group sold ~50,320 Stanley Black & Decker shares. The Vanguard Group’s holdings fell to 11.97 million shares from 12.02 million, which represents 7.9% of Stanley Black and Decker’s outstanding shares.
  • BlackRock (BLK) sold 239,977 shares. BlackRock holds 9.63 million shares, which represents 6.37% of Stanley Black & Decker’s outstanding shares.

Investors could hold Stanley Black & Decker indirectly by investing in the First Trust Value Line Dividend Index Fund (FVD), which has invested 0.6% of its portfolio in Stanley Black & Decker. FVD also provides exposure to Illinois Tool Works (ITW) with a weight of 0.5% as of November 26.

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