The Gap Inc
GAP
409 hedge funds and large institutions have $4.1B invested in The Gap Inc in 2019 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 154 increasing their positions, 137 reducing their positions, and 98 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 137
1.85% more ownership
Funds ownership: 58.77% → 60.62% (+1.8%)
11% less funds holding
Funds holding: 459 → 409 (-50)
29% less capital invested
Capital invested by funds: $5.81B → $4.1B (-$1.71B)
45% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 98
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
72% less call options, than puts
Call options by funds: $45.8M | Put options by funds: $165M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$195M |
| 2 |
JP Morgan Chase
New York
|
+$97.7M |
| 3 |
Goldman Sachs
New York
|
+$38M |
| 4 |
BlackRock
New York
|
+$31.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UH
Unigestion Holding
Geneva,
Switzerland
|
-$56M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$50.2M |
| 3 |
Bank of New York Mellon
New York
|
-$49.6M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$47.1M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$45.6M |
GAP Hedge Fund Activity: Q2 2019 in Review
409 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in The Gap Inc (GAP) for Q2 2019, worth a combined $4.1B — down 29% from $5.81B a quarter earlier.
Sellers outnumbered buyers: 98 funds closed out of GAP and 54 opened new positions — a net loss of 44 holders — while 137 trimmed existing stakes and 154 added.
The largest buyer was Parnassus Investments, opening a new position worth an estimated $195M. The largest seller was Unigestion Holding, exiting entirely with an estimated $56M sold.
- 409 institutional investors held The Gap Inc (GAP) as of Q2 2019, down from 459 in Q1 2019.
- Funds reported $4.1B of The Gap Inc stock for Q2 2019, down 29% quarter-over-quarter.
- 54 funds opened new The Gap Inc positions in Q2 2019 and 98 closed out, a net change of -44 holders.
- The largest The Gap Inc buyer in Q2 2019 was Parnassus Investments, an estimated $195M added.
- The largest The Gap Inc seller in Q2 2019 was Unigestion Holding, an estimated $56M sold.
Based on aggregated 13F filings for Q2 2019.