ILLINOIS TOOL WKS INC

Ticker: ITW CUSIP: 452308109 Class: COM

Empirical Finance, LLC's Holding History (CIK: 0001572838)

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

Q4 2025

Shares 9,345 Value ($000) $2,302 Avg Close $247.57 Range $237.29 - $261.06

Q3 2025

Shares 9,755 Value ($000) $2,544 Avg Close $257.33 Range $242.11 - $267.35

Q2 2025

Shares 9,666 Value ($000) $2,390 Avg Close $237.16 Range $210.69 - $248.54

Q1 2025

Shares 9,605 Value ($000) $2,382 Avg Close $250.69 Range $236.75 - $271.32

Q4 2024

Shares 9,439 Value ($000) $2,393 Avg Close $257.33 Range $244.78 - $270.69

Q3 2024

Shares 9,565 Value ($000) $2,507 Avg Close $237.29 Range $224.45 - $258.13

Q2 2024

Shares 9,382 Value ($000) $2,223 Avg Close $236.81 Range $223.33 - $257.46

Q1 2024

Shares 10,127 Value ($000) $2,717 Avg Close $247.64 Range $237.66 - $258.55

Q4 2023

Shares 9,792 Value ($000) $2,565 Avg Close $227.33 Range $206.29 - $251.34

Q3 2023

Shares 9,758 Value ($000) $2,247 Avg Close $230.07 Range $215.30 - $249.06

Q2 2023

Shares 8,881 Value ($000) $2,222 Avg Close $219.64 Range $203.55 - $237.00

Q1 2023

Shares 7,929 Value ($000) $1,930 Avg Close $217.67 Range $203.17 - $236.30

Q4 2022

Shares 7,558 Value ($000) $1,665 Avg Close $197.50 Range $167.30 - $214.80

Q3 2022

Shares 6,992 Value ($000) $1,263 Avg Close $181.67 Range $159.75 - $200.62

Q2 2022

Shares 5,862 Value ($000) $1,068 Avg Close $182.99 Range $162.17 - $195.56

Q1 2022

Shares 5,548 Value ($000) $1,162 Avg Close $203.67 Range $184.43 - $227.18

Q4 2021

Shares 4,958 Value ($000) $1,224 Avg Close $210.30 Range $184.61 - $225.16

Q3 2021

Shares 3,661 Value ($000) $756 Avg Close $202.90 Range $186.93 - $211.96

Q2 2021

Shares 2,963 Value ($000) $604 Avg Close $205.01 Range $194.69 - $216.70

Q1 2021

Shares 2,963 Value ($000) $604 Avg Close $184.98 Range $171.80 - $203.76

Q4 2020

Shares 2,963 Value ($000) $604 Avg Close $181.01 Range $166.62 - $198.99

Q3 2020

Shares 2,451 Value ($000) $474 Avg Close $167.30 Range $151.59 - $178.89

Q2 2020

Shares 1,972 Value ($000) $345 Avg Close $142.90 Range $116.56 - $161.60

Q1 2020

Shares 1,722 Value ($000) $245 Avg Close $147.58 Range $100.67 - $165.72

Q4 2019

Shares 1,127 Value ($000) $202 Avg Close $146.29 Range $126.07 - $157.39

Q4 2016

Shares 185 Value ($000) $23 Avg Close $97.16 Range $89.66 - $102.92

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	9,345	$2,302	$247.57	$237.29 - $261.06
Q3 2025	9,755	$2,544	$257.33	$242.11 - $267.35
Q2 2025	9,666	$2,390	$237.16	$210.69 - $248.54
Q1 2025	9,605	$2,382	$250.69	$236.75 - $271.32
Q4 2024	9,439	$2,393	$257.33	$244.78 - $270.69
Q3 2024	9,565	$2,507	$237.29	$224.45 - $258.13
Q2 2024	9,382	$2,223	$236.81	$223.33 - $257.46
Q1 2024	10,127	$2,717	$247.64	$237.66 - $258.55
Q4 2023	9,792	$2,565	$227.33	$206.29 - $251.34
Q3 2023	9,758	$2,247	$230.07	$215.30 - $249.06
Q2 2023	8,881	$2,222	$219.64	$203.55 - $237.00
Q1 2023	7,929	$1,930	$217.67	$203.17 - $236.30
Q4 2022	7,558	$1,665	$197.50	$167.30 - $214.80
Q3 2022	6,992	$1,263	$181.67	$159.75 - $200.62
Q2 2022	5,862	$1,068	$182.99	$162.17 - $195.56
Q1 2022	5,548	$1,162	$203.67	$184.43 - $227.18
Q4 2021	4,958	$1,224	$210.30	$184.61 - $225.16
Q3 2021	3,661	$756	$202.90	$186.93 - $211.96
Q2 2021	2,963	$604	$205.01	$194.69 - $216.70
Q1 2021	2,963	$604	$184.98	$171.80 - $203.76
Q4 2020	2,963	$604	$181.01	$166.62 - $198.99
Q3 2020	2,451	$474	$167.30	$151.59 - $178.89
Q2 2020	1,972	$345	$142.90	$116.56 - $161.60
Q1 2020	1,722	$245	$147.58	$100.67 - $165.72
Q4 2019	1,127	$202	$146.29	$126.07 - $157.39
Q4 2016	185	$23	$97.16	$89.66 - $102.92