The Gap Inc
460 hedge funds and large institutions have $5.82B invested in The Gap Inc in 2019 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 168 increasing their positions, 164 reducing their positions, and 69 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 164
0.71% more ownership
Funds ownership: 58.09% → 58.8% (+0.71%)
7% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 69
3% less funds holding
Funds holding: 472 → 460 (-12)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
48% less capital invested
Capital invested by funds: $11.2B → $5.82B (-$5.4B)
65% less call options, than puts
Call options by funds: $75.8M | Put options by funds: $219M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$130M |
| 2 |
BlackRock
New York
|
+$115M |
| 3 |
Millennium Management
New York
|
+$44.5M |
| 4 |
Renaissance Technologies
New York
|
+$21.7M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$59.8M |
| 2 |
Bank of New York Mellon
New York
|
-$53.5M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$45.1M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$40.3M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$34.9M |
GAP Hedge Fund Activity: Q1 2019 in Review
460 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in The Gap Inc (GAP) for Q1 2019, worth a combined $5.82B — down 48% from $11.2B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of GAP and 64 opened new positions — a net loss of 5 holders — while 164 trimmed existing stakes and 168 added.
The largest buyer was Dodge & Cox, adding an estimated $130M. The largest seller was AQR Capital Management, cutting an estimated $59.8M.
- 460 institutional investors held The Gap Inc (GAP) as of Q1 2019, down from 472 in Q4 2018.
- Funds reported $5.82B of The Gap Inc stock for Q1 2019, down 48% quarter-over-quarter.
- 64 funds opened new The Gap Inc positions in Q1 2019 and 69 closed out, a net change of -5 holders.
- The largest The Gap Inc buyer in Q1 2019 was Dodge & Cox, an estimated $130M added.
- The largest The Gap Inc seller in Q1 2019 was AQR Capital Management, an estimated $59.8M sold.
Based on aggregated 13F filings for Q1 2019.