The Gap Inc
336 hedge funds and large institutions have $3.53B invested in The Gap Inc in 2020 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 93 increasing their positions, 126 reducing their positions, and 83 closing their positions.
49% more call options, than puts
Call options by funds: $333M | Put options by funds: $223M
29% more capital invested
Capital invested by funds: $2.74B → $3.53B (+$792M)
2.09% less ownership
Funds ownership: 58.1% → 56.02% (-2.1%)
10% less funds holding
Funds holding: 372 → 336 (-36)
26% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 126
36% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 83
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$76.1M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$65.1M |
| 3 |
Two Sigma Investments
New York
|
+$64M |
| 4 |
D.E. Shaw & Co
New York
|
+$36.6M |
| 5 |
Pzena Investment Management
New York
|
+$36.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$89.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$61.6M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$53.9M |
| 4 |
Parnassus Investments
San Francisco,
California
|
-$52.6M |
| 5 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$47.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SF
401
Synovus Financial
Columbus,
Georgia
| – | -$27K | -2,155 | Closed |
|
|
MCM
402
Manchester Capital Management
Manchester,
Vermont
| – | -$16K | -1,242 | Closed |
|
|
BL
403
Balentine LLC
Atlanta,
Georgia
| – | -$8K | -629 | Closed |
|
|
GWMIA
404
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$6K | -500 | Closed |
|
|
NIM
405
NuWave Investment Management
Parsippany,
New Jersey
| – | -$4K | -318 | Closed |
|
|
RA
406
Rational Advisors
Huntington,
New York
| – | -$4K | -318 | Closed |
|
|
PA
407
Procyon Advisors
Shelton,
Connecticut
| – | -$3K | -261 | Closed |
|
|
BWM
408
BerganKDV Wealth Management
Bloomington,
Minnesota
| – | -$1K | -100 | Closed |
|
|
CB
409
CNB Bank
Clearfield,
Pennsylvania
| – | -$1K | -100 | Closed |
|
|
CFD
410
Creative Financial Designs
Kokomo,
Indiana
| – | -$1K | -100 | Closed |
|
411
First Manhattan
New York
| – | -$984 | -66 | -54% |
|
|
LF
412
Lee Financial
Dallas,
Texas
| – | -$1K | -44 | Closed |
|
|
TFA
413
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$1K | -1 | Closed |
|
GAP Hedge Fund Activity: Q3 2020 in Review
336 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in The Gap Inc (GAP) for Q3 2020, worth a combined $3.53B — up 29% from $2.74B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of GAP and 53 opened new positions — a net loss of 30 holders — while 126 trimmed existing stakes and 93 added.
The largest buyer was Coatue Management, opening a new position worth an estimated $76.1M. The largest seller was AQR Capital Management, cutting an estimated $89.4M.
- 336 institutional investors held The Gap Inc (GAP) as of Q3 2020, down from 372 in Q2 2020.
- Funds reported $3.53B of The Gap Inc stock for Q3 2020, up 29% quarter-over-quarter.
- 53 funds opened new The Gap Inc positions in Q3 2020 and 83 closed out, a net change of -30 holders.
- The largest The Gap Inc buyer in Q3 2020 was Coatue Management, an estimated $76.1M added.
- The largest The Gap Inc seller in Q3 2020 was AQR Capital Management, an estimated $89.4M sold.
Based on aggregated 13F filings for Q3 2020.