The Gap Inc
477 hedge funds and large institutions have $10.2B invested in The Gap Inc in 2013 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 147 increasing their positions, 202 reducing their positions, and 46 closing their positions.
43% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 46
22% more call options, than puts
Call options by funds: $118M | Put options by funds: $96.9M
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
4% more funds holding
Funds holding: 459 → 477 (+18)
0.09% more ownership
Funds ownership: 53.83% → 53.92% (+0.09%)
3% less capital invested
Capital invested by funds: $10.5B → $10.2B (-$353M)
27% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 202
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$136M |
| 2 |
BRC
Blue Ridge Capital
New York
|
+$81.1M |
| 3 |
JP Morgan Chase
New York
|
+$74.2M |
| 4 |
Two Sigma Investments
New York
|
+$67.4M |
| 5 |
Jennison Associates
New York
|
+$42.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$163M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$119M |
| 3 |
First Eagle Investment Management
New York
|
-$115M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$68.4M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$56.8M |
GAP Hedge Fund Activity: Q3 2013 in Review
477 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in The Gap Inc (GAP) for Q3 2013, worth a combined $10.2B — down 3.4% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new GAP positions and 46 closed out — a net gain of 20 holders — while 147 added to existing stakes and 202 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $136M. The largest seller was RBS Partners, cutting an estimated $163M.
- 477 institutional investors held The Gap Inc (GAP) as of Q3 2013, up from 459 in Q2 2013.
- Funds reported $10.2B of The Gap Inc stock for Q3 2013, down 3.4% quarter-over-quarter.
- 66 funds opened new The Gap Inc positions in Q3 2013 and 46 closed out, a net change of +20 holders.
- The largest The Gap Inc buyer in Q3 2013 was Lone Pine Capital, an estimated $136M added.
- The largest The Gap Inc seller in Q3 2013 was RBS Partners, an estimated $163M sold.
Based on aggregated 13F filings for Q3 2013.