The Gap Inc
474 hedge funds and large institutions have $8.99B invested in The Gap Inc in 2015 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 191 increasing their positions, 164 reducing their positions, and 65 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
16% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 164
3.12% more ownership
Funds ownership: 53.48% → 56.59% (+3.1%)
5% less funds holding
Funds holding: 498 → 474 (-24)
7% less capital invested
Capital invested by funds: $9.69B → $8.99B (-$702M)
11% less call options, than puts
Call options by funds: $90.3M | Put options by funds: $101M
28% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$214M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$183M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$140M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$101M |
| 5 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
+$81.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$75.5M |
| 2 |
Two Sigma Investments
New York
|
-$62.2M |
| 3 |
Two Sigma Advisers
New York
|
-$56.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$44.7M |
| 5 |
TGA
Trilogy Global Advisors
Winter Park,
Florida
|
-$40M |
GAP Hedge Fund Activity: Q2 2015 in Review
474 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in The Gap Inc (GAP) for Q2 2015, worth a combined $8.99B — down 7.2% from $9.69B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of GAP and 47 opened new positions — a net loss of 18 holders — while 164 trimmed existing stakes and 191 added.
The largest buyer was BlackRock Advisors, adding an estimated $214M. The largest seller was Cramer Rosenthal McGlynn, exiting entirely with an estimated $75.5M sold.
- 474 institutional investors held The Gap Inc (GAP) as of Q2 2015, down from 498 in Q1 2015.
- Funds reported $8.99B of The Gap Inc stock for Q2 2015, down 7.2% quarter-over-quarter.
- 47 funds opened new The Gap Inc positions in Q2 2015 and 65 closed out, a net change of -18 holders.
- The largest The Gap Inc buyer in Q2 2015 was BlackRock Advisors, an estimated $214M added.
- The largest The Gap Inc seller in Q2 2015 was Cramer Rosenthal McGlynn, an estimated $75.5M sold.
Based on aggregated 13F filings for Q2 2015.