The Gap Inc
468 hedge funds and large institutions have $9.32B invested in The Gap Inc in 2013 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 134 increasing their positions, 215 reducing their positions, and 66 closing their positions.
0.67% less ownership
Funds ownership: 53.8% → 53.13% (-0.67%)
9% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 66
2% less funds holding
Funds holding: 477 → 468 (-9)
8% less capital invested
Capital invested by funds: $10.1B → $9.32B (-$806M)
38% less repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 215
41% less call options, than puts
Call options by funds: $77.1M | Put options by funds: $131M
55% less funds holding in top 10
Funds holding in top 10: 11 → 5 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Cornerstone Investment Partners
Atlanta,
Georgia
|
+$148M |
| 2 |
Goldman Sachs
New York
|
+$137M |
| 3 |
Tiger Global Management
New York
|
+$78.5M |
| 4 |
MCM
Marsico Capital Management
Denver,
Colorado
|
+$78.2M |
| 5 |
Coatue Management
New York
|
+$76.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$165M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$96.7M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$73.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$72.7M |
| 5 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$67.9M |
GAP Hedge Fund Activity: Q4 2013 in Review
468 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in The Gap Inc (GAP) for Q4 2013, worth a combined $9.32B — down 8% from $10.1B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of GAP and 60 opened new positions — a net loss of 6 holders — while 215 trimmed existing stakes and 134 added.
The largest buyer was Cornerstone Investment Partners, opening a new position worth an estimated $148M. The largest seller was Ameriprise, cutting an estimated $165M.
- 468 institutional investors held The Gap Inc (GAP) as of Q4 2013, down from 477 in Q3 2013.
- Funds reported $9.32B of The Gap Inc stock for Q4 2013, down 8% quarter-over-quarter.
- 60 funds opened new The Gap Inc positions in Q4 2013 and 66 closed out, a net change of -6 holders.
- The largest The Gap Inc buyer in Q4 2013 was Cornerstone Investment Partners, an estimated $148M added.
- The largest The Gap Inc seller in Q4 2013 was Ameriprise, an estimated $165M sold.
Based on aggregated 13F filings for Q4 2013.