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Dollar Tree

670 hedge funds and large institutions have $21B invested in Dollar Tree in 2018 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 221 increasing their positions, 262 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more call options, than puts

Call options by funds: $238M | Put options by funds: $208M

2% more ownership

Funds ownership: 91.11%93.11% (+2%)

3% less funds holding

Funds holding: 691670 (-21)

9% less capital invested

Capital invested by funds: $23.1B → $21B (-$2.17B)

12% less first-time investments, than exits

New positions opened: 85 | Existing positions closed: 97

16% less repeat investments, than reductions

Existing positions increased: 221 | Existing positions reduced: 262

37% less funds holding in top 10

Funds holding in top 10: 2717 (-10)

Holders
670
Holders Change
-21
Holders Change %
-3.04%
% of All Funds
15.36%
Holding in Top 10
17
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-37.04%
% of All Funds
0.39%
New
85
Increased
221
Reduced
262
Closed
97
Calls
$238M
Puts
$208M
Net Calls
+$30.7M
Net Calls Change
-$101M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.3B +$95.8M +913,487 +4%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$1.76B +$265M +2,531,123 +16%
BlackRock
3
BlackRock
New York
$1.39B +$33.9M +323,813 +2%
State Street
4
State Street
Massachusetts
$881M -$37.6M -358,811 -4%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$681M +$153M +1,455,318 +25%
Macquarie Group
6
Macquarie Group
Australia
$652M -$204K -1,949 -0%
LPC
7
Lone Pine Capital
Connecticut
$602M +$665M +6,344,385 New
JP Morgan Chase
8
JP Morgan Chase
New York
$558M -$96.8M -922,957 -14%
ACM
9
AKRE Capital Management
Virginia
$459M -$394K -3,754 -0.1%
Adage Capital Partners
10
Adage Capital Partners
Massachusetts
$455M +$62.8M +598,900 +14%
American Century Companies
11
American Century Companies
Missouri
$424M +$214M +2,036,622 +84%
Principal Financial Group
12
Principal Financial Group
Iowa
$391M +$1.72M +16,447 +0.4%
Aberdeen Group
13
Aberdeen Group
United Kingdom
$298M -$60.9M -580,556 -16%
VOYA Investment Management
14
VOYA Investment Management
Georgia
$287M -$25.8M -246,372 -8%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$277M +$11.7M +111,389 +4%
Invesco
16
Invesco
Georgia
$274M -$68.1M -649,654 -18%
Northern Trust
17
Northern Trust
Illinois
$267M -$6.78M -64,680 -2%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$261M +$18.7M +178,130 +7%
Wells Fargo
19
Wells Fargo
California
$252M -$23.6M -224,990 -8%
Citadel Advisors
20
Citadel Advisors
Florida
$229M -$165M -1,569,503 -39%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$224M +$140M +1,331,959 +129%
Goldman Sachs
22
Goldman Sachs
New York
$204M +$49.6M +472,734 +28%
AllianceBernstein
23
AllianceBernstein
Tennessee
$204M +$24.9M +237,164 +12%
LCOV
24
London Company of Virginia
Virginia
$200M -$37.5M -357,479 -15%
Norges Bank
25
Norges Bank
Norway
$199M +$31.8M +303,274 +17%

DLTR Hedge Fund Activity: Q1 2018 in Review

670 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Dollar Tree (DLTR) for Q1 2018, worth a combined $21B — down 9.4% from $23.1B a quarter earlier.

Sellers outnumbered buyers: 97 funds closed out of DLTR and 85 opened new positions — a net loss of 12 holders — while 262 trimmed existing stakes and 221 added.

The largest buyer was Lone Pine Capital, opening a new position worth an estimated $665M. The largest seller was DSM Capital Partners, cutting an estimated $302M.

  • 670 institutional investors held Dollar Tree (DLTR) as of Q1 2018, down from 691 in Q4 2017.
  • Funds reported $21B of Dollar Tree stock for Q1 2018, down 9.4% quarter-over-quarter.
  • 85 funds opened new Dollar Tree positions in Q1 2018 and 97 closed out, a net change of -12 holders.
  • The largest Dollar Tree buyer in Q1 2018 was Lone Pine Capital, an estimated $665M added.
  • The largest Dollar Tree seller in Q1 2018 was DSM Capital Partners, an estimated $302M sold.

Based on aggregated 13F filings for Q1 2018.