The Gap Inc
392 hedge funds and large institutions have $4.56B invested in The Gap Inc in 2023 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 108 increasing their positions, 123 reducing their positions, and 41 closing their positions.
154% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 41
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
18% more funds holding
Funds holding: 333 → 392 (+59)
5.25% less ownership
Funds ownership: 64.1% → 58.86% (-5.2%)
12% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 123
29% less capital inflows, than outflows
Capital inflows: $608M | Capital outflows: $850M
34% less call options, than puts
Call options by funds: $155M | Put options by funds: $235M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$73.3M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
+$49.7M |
| 3 |
Two Sigma Investments
New York
|
+$46.6M |
| 4 |
Hennessy Advisors Inc
Novato,
California
|
+$32.6M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$32.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$123M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$111M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$79.9M |
| 4 |
Holocene Advisors
New York
|
-$53.6M |
| 5 |
Parnassus Investments
San Francisco,
California
|
-$50.3M |
GAP Hedge Fund Activity: Q4 2023 in Review
392 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in The Gap Inc (GAP) for Q4 2023, worth a combined $4.56B — up 81% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new GAP positions and 41 closed out — a net gain of 63 holders — while 108 added to existing stakes and 123 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $73.3M. The largest seller was Pzena Investment Management, cutting an estimated $123M.
- 392 institutional investors held The Gap Inc (GAP) as of Q4 2023, up from 333 in Q3 2023.
- Funds reported $4.56B of The Gap Inc stock for Q4 2023, up 81% quarter-over-quarter.
- 104 funds opened new The Gap Inc positions in Q4 2023 and 41 closed out, a net change of +63 holders.
- The largest The Gap Inc buyer in Q4 2023 was Fidelity Investments, an estimated $73.3M added.
- The largest The Gap Inc seller in Q4 2023 was Pzena Investment Management, an estimated $123M sold.
Based on aggregated 13F filings for Q4 2023.