The Gap Inc
335 hedge funds and large institutions have $2.04B invested in The Gap Inc in 2023 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 88 increasing their positions, 125 reducing their positions, and 64 closing their positions.
3.01% more ownership
Funds ownership: 59.03% → 62.05% (+3%)
5% less funds holding
Funds holding: 353 → 335 (-18)
6% less capital invested
Capital invested by funds: $2.17B → $2.04B (-$128M)
17% less call options, than puts
Call options by funds: $58.4M | Put options by funds: $70.1M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
25% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 64
30% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 125
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$43.7M |
| 2 |
Coatue Management
New York
|
+$36.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.8M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$31.3M |
| 5 |
Barclays
London,
United Kingdom
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$58.1M |
| 2 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$28M |
| 3 |
TC
Towle & Co
Denver,
Colorado
|
-$26.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.6M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
-$20.6M |
GAP Hedge Fund Activity: Q2 2023 in Review
335 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in The Gap Inc (GAP) for Q2 2023, worth a combined $2.04B — down 5.9% from $2.17B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of GAP and 48 opened new positions — a net loss of 16 holders — while 125 trimmed existing stakes and 88 added.
The largest buyer was Two Sigma Investments, adding an estimated $43.7M. The largest seller was Citadel Advisors, cutting an estimated $58.1M.
- 335 institutional investors held The Gap Inc (GAP) as of Q2 2023, down from 353 in Q1 2023.
- Funds reported $2.04B of The Gap Inc stock for Q2 2023, down 5.9% quarter-over-quarter.
- 48 funds opened new The Gap Inc positions in Q2 2023 and 64 closed out, a net change of -16 holders.
- The largest The Gap Inc buyer in Q2 2023 was Two Sigma Investments, an estimated $43.7M added.
- The largest The Gap Inc seller in Q2 2023 was Citadel Advisors, an estimated $58.1M sold.
Based on aggregated 13F filings for Q2 2023.