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GAP

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.

New
Increased
Maintained
Reduced
Closed

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: 372336 (-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: 21 (-1)

Holders
336
Holders Change
-36
Holders Change %
-9.68%
% of All Funds
6.78%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
53
Increased
93
Reduced
126
Closed
83
Calls
$333M
Puts
$223M
Net Calls
+$110M
Net Calls Change
+$51.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Dodge & Cox
1
Dodge & Cox
California
$455M -$26.7M -1,792,799 -6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$447M -$21.5M -1,440,245 -5%
BlackRock
3
BlackRock
New York
$273M +$25.7M +1,726,769 +12%
JP Morgan Chase
4
JP Morgan Chase
New York
$136M -$2.44M -163,875 -2%
State Street
5
State Street
Massachusetts
$132M -$7.92M -531,365 -6%
Goldman Sachs
6
Goldman Sachs
New York
$120M +$32.2M +2,158,241 +44%
Parnassus Investments
7
Parnassus Investments
California
$119M -$52.6M -3,530,000 -34%
AllianceBernstein
8
AllianceBernstein
Tennessee
$110M +$65.1M +4,365,381 +207%
SCM
9
Suvretta Capital Management
New York
$96.2M +$9.69M +650,060 +13%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$87.6M -$53.9M -3,613,756 -41%
Coatue Management
11
Coatue Management
New York
$87M +$76.1M +5,109,757 New
Two Sigma Investments
12
Two Sigma Investments
New York
$81.1M +$64M +4,294,973 +917%
Invesco
13
Invesco
Georgia
$65M -$17.4M -1,168,158 -23%
Citadel Advisors
14
Citadel Advisors
Florida
$61.2M +$13.3M +891,902 +33%
KAH
15
Kathryn A. Hall
$57.7M
Geode Capital Management
16
Geode Capital Management
Massachusetts
$57M -$1.09M -73,453 -2%
CCM
17
Candlestick Capital Management
Connecticut
$53.5M -$47.6M -3,197,436 -50%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$51.6M +$14.7M +986,868 +48%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$42.7M +$36.6M +2,457,952 +4,991%
Pzena Investment Management
20
Pzena Investment Management
New York
$41.4M +$36.2M +2,428,428 New
Morgan Stanley
21
Morgan Stanley
New York
$40.8M +$21.1M +1,416,314 +145%
PPA
22
Parametric Portfolio Associates
Washington
$40.3M +$697K +46,757 +2%
Charles Schwab
23
Charles Schwab
California
$39.3M -$1.36M -91,296 -4%
Lazard Asset Management
24
Lazard Asset Management
New York
$38.6M +$33.8M +2,265,900 New
Northern Trust
25
Northern Trust
Illinois
$37M +$586K +39,305 +2%

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.