ILLINOIS TOOL WKS INC

Ticker: ITW CUSIP: 452308109 Class: COM

ARCADIA INVESTMENT MANAGEMENT CORP/MI's Holding History (CIK: 0001016972)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 27,300 Value ($000) $6,724 Avg Close $247.57 Range $237.29 - $261.06

Q3 2025

Shares 28,744 Value ($000) $7,495 Avg Close $257.33 Range $242.11 - $267.35

Q2 2025

Shares 34,323 Value ($000) $8,486 Avg Close $237.16 Range $210.69 - $248.54

Q1 2025

Shares 36,083 Value ($000) $8,949 Avg Close $250.69 Range $236.75 - $271.32

Q4 2024

Shares 38,029 Value ($000) $9,643 Avg Close $257.33 Range $244.78 - $270.69

Q3 2024

Shares 38,978 Value ($000) $10,215 Avg Close $237.29 Range $224.45 - $258.13

Q2 2024

Shares 41,439 Value ($000) $9,819 Avg Close $236.81 Range $223.33 - $257.46

Q1 2024

Shares 46,394 Value ($000) $12,449 Avg Close $247.64 Range $237.66 - $258.55

Q4 2023

Shares 49,103 Value ($000) $12,862 Avg Close $227.33 Range $206.29 - $251.34

Q3 2023

Shares 50,479 Value ($000) $11,626 Avg Close $230.07 Range $215.30 - $249.06

Q2 2023

Shares 50,765 Value ($000) $12,699 Avg Close $219.64 Range $203.55 - $237.00

Q1 2023

Shares 50,031 Value ($000) $12,180 Avg Close $217.67 Range $203.17 - $236.30

Q4 2022

Shares 51,809 Value ($000) $11,414 Avg Close $197.50 Range $167.30 - $214.80

Q3 2022

Shares 53,141 Value ($000) $9,600 Avg Close $181.67 Range $159.75 - $200.62

Q2 2022

Shares 54,238 Value ($000) $9,885 Avg Close $182.99 Range $162.17 - $195.56

Q1 2022

Shares 59,831 Value ($000) $12,529 Avg Close $203.67 Range $184.43 - $227.18

Q4 2021

Shares 60,700 Value ($000) $14,981 Avg Close $210.30 Range $184.61 - $225.16

Q3 2021

Shares 62,504 Value ($000) $12,915 Avg Close $202.90 Range $186.93 - $211.96

Q2 2021

Shares 63,683 Value ($000) $14,237 Avg Close $205.01 Range $194.69 - $216.70

Q1 2021

Shares 65,098 Value ($000) $14,421 Avg Close $184.98 Range $171.80 - $203.76

Q4 2020

Shares 66,001 Value ($000) $13,456 Avg Close $181.01 Range $166.62 - $198.99

Q3 2020

Shares 71,526 Value ($000) $13,820 Avg Close $167.30 Range $151.59 - $178.89

Q2 2020

Shares 71,393 Value ($000) $12,483 Avg Close $142.90 Range $116.56 - $161.60

Q1 2020

Shares 70,435 Value ($000) $10,010 Avg Close $147.58 Range $100.67 - $165.72

Q4 2019

Shares 71,304 Value ($000) $12,808 Avg Close $146.29 Range $126.07 - $157.39

Q3 2019

Shares 69,851 Value ($000) $10,931 Avg Close $130.19 Range $122.69 - $138.62

Q2 2019

Shares 70,475 Value ($000) $10,628 Avg Close $128.58 Range $116.59 - $135.13

Q1 2019

Shares 69,820 Value ($000) $10,021 Avg Close $117.01 Range $103.65 - $124.26

Q4 2018

Shares 69,627 Value ($000) $8,821 Avg Close $110.50 Range $98.77 - $121.67

Q3 2018

Shares 71,445 Value ($000) $10,082 Avg Close $117.42 Range $111.99 - $124.25

Q2 2018

Shares 70,514 Value ($000) $9,769 Avg Close $122.64 Range $114.08 - $132.71

Q1 2018

Shares 70,036 Value ($000) $10,972 Avg Close $136.85 Range $126.80 - $147.59

Q4 2017

Shares 71,169 Value ($000) $11,875 Avg Close $130.85 Range $121.38 - $139.21

Q3 2017

Shares 71,085 Value ($000) $10,518 Avg Close $116.05 Range $110.22 - $121.46

Q2 2017

Shares 71,400 Value ($000) $10,228 Avg Close $113.32 Range $105.74 - $122.08

Q1 2017

Shares 74,105 Value ($000) $9,817 Avg Close $104.58 Range $97.05 - $109.96

Q4 2016

Shares 76,445 Value ($000) $9,361 Avg Close $97.16 Range $89.66 - $102.92

Q3 2016

Shares 73,032 Value ($000) $8,752 Avg Close $92.87 Range $82.44 - $98.77

Q2 2016

Shares 76,531 Value ($000) $7,971 Avg Close $83.28 Range $78.19 - $87.12

Q1 2016

Shares 80,221 Value ($000) $8,218 Avg Close $73.25 Range $62.61 - $81.90

Q4 2015

Shares 87,771 Value ($000) $8,135 Avg Close $71.40 Range $63.03 - $74.70

Q3 2015

Shares 93,146 Value ($000) $7,666 Avg Close $68.35 Range $61.54 - $73.68

Q2 2015

Shares 95,757 Value ($000) $8,789 Avg Close $73.98 Range $71.31 - $77.64

Q1 2015

Shares 93,453 Value ($000) $9,078 Avg Close $74.54 Range $69.91 - $77.42

Q4 2014

Shares 99,403 Value ($000) $9,413 Avg Close $70.08 Range $60.82 - $75.22

Q3 2014

Shares 98,736 Value ($000) $8,335 Avg Close $66.18 Range $62.50 - $68.52

Q2 2014

Shares 100,454 Value ($000) $8,796 Avg Close $65.43 Range $61.51 - $68.13

Q1 2014

Shares 108,056 Value ($000) $8,788 Avg Close $61.28 Range $57.74 - $63.70

Q4 2013

Shares 137,646 Value ($000) $11,573 Avg Close $59.45 Range $55.46 - $63.85

Q3 2013

Shares 138,969 Value ($000) $10,599 Avg Close $54.78 Range $51.08 - $58.87

Q2 2013

Shares 139,392 Value ($000) $9,642 Avg Close $49.85 Range $44.73 - $53.46

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	27,300	$6,724	$247.57	$237.29 - $261.06
Q3 2025	28,744	$7,495	$257.33	$242.11 - $267.35
Q2 2025	34,323	$8,486	$237.16	$210.69 - $248.54
Q1 2025	36,083	$8,949	$250.69	$236.75 - $271.32
Q4 2024	38,029	$9,643	$257.33	$244.78 - $270.69
Q3 2024	38,978	$10,215	$237.29	$224.45 - $258.13
Q2 2024	41,439	$9,819	$236.81	$223.33 - $257.46
Q1 2024	46,394	$12,449	$247.64	$237.66 - $258.55
Q4 2023	49,103	$12,862	$227.33	$206.29 - $251.34
Q3 2023	50,479	$11,626	$230.07	$215.30 - $249.06
Q2 2023	50,765	$12,699	$219.64	$203.55 - $237.00
Q1 2023	50,031	$12,180	$217.67	$203.17 - $236.30
Q4 2022	51,809	$11,414	$197.50	$167.30 - $214.80
Q3 2022	53,141	$9,600	$181.67	$159.75 - $200.62
Q2 2022	54,238	$9,885	$182.99	$162.17 - $195.56
Q1 2022	59,831	$12,529	$203.67	$184.43 - $227.18
Q4 2021	60,700	$14,981	$210.30	$184.61 - $225.16
Q3 2021	62,504	$12,915	$202.90	$186.93 - $211.96
Q2 2021	63,683	$14,237	$205.01	$194.69 - $216.70
Q1 2021	65,098	$14,421	$184.98	$171.80 - $203.76
Q4 2020	66,001	$13,456	$181.01	$166.62 - $198.99
Q3 2020	71,526	$13,820	$167.30	$151.59 - $178.89
Q2 2020	71,393	$12,483	$142.90	$116.56 - $161.60
Q1 2020	70,435	$10,010	$147.58	$100.67 - $165.72
Q4 2019	71,304	$12,808	$146.29	$126.07 - $157.39
Q3 2019	69,851	$10,931	$130.19	$122.69 - $138.62
Q2 2019	70,475	$10,628	$128.58	$116.59 - $135.13
Q1 2019	69,820	$10,021	$117.01	$103.65 - $124.26
Q4 2018	69,627	$8,821	$110.50	$98.77 - $121.67
Q3 2018	71,445	$10,082	$117.42	$111.99 - $124.25
Q2 2018	70,514	$9,769	$122.64	$114.08 - $132.71
Q1 2018	70,036	$10,972	$136.85	$126.80 - $147.59
Q4 2017	71,169	$11,875	$130.85	$121.38 - $139.21
Q3 2017	71,085	$10,518	$116.05	$110.22 - $121.46
Q2 2017	71,400	$10,228	$113.32	$105.74 - $122.08
Q1 2017	74,105	$9,817	$104.58	$97.05 - $109.96
Q4 2016	76,445	$9,361	$97.16	$89.66 - $102.92
Q3 2016	73,032	$8,752	$92.87	$82.44 - $98.77
Q2 2016	76,531	$7,971	$83.28	$78.19 - $87.12
Q1 2016	80,221	$8,218	$73.25	$62.61 - $81.90
Q4 2015	87,771	$8,135	$71.40	$63.03 - $74.70
Q3 2015	93,146	$7,666	$68.35	$61.54 - $73.68
Q2 2015	95,757	$8,789	$73.98	$71.31 - $77.64
Q1 2015	93,453	$9,078	$74.54	$69.91 - $77.42
Q4 2014	99,403	$9,413	$70.08	$60.82 - $75.22
Q3 2014	98,736	$8,335	$66.18	$62.50 - $68.52
Q2 2014	100,454	$8,796	$65.43	$61.51 - $68.13
Q1 2014	108,056	$8,788	$61.28	$57.74 - $63.70
Q4 2013	137,646	$11,573	$59.45	$55.46 - $63.85
Q3 2013	138,969	$10,599	$54.78	$51.08 - $58.87
Q2 2013	139,392	$9,642	$49.85	$44.73 - $53.46