Macy's
430 hedge funds and large institutions have $1.38B invested in Macy's in 2020 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 135 increasing their positions, 174 reducing their positions, and 112 closing their positions.
2.49% less ownership
Funds ownership: 92.95% → 90.46% (-2.5%)
11% less funds holding
Funds holding: 482 → 430 (-52)
22% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 174
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
38% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 112
53% less call options, than puts
Call options by funds: $49.8M | Put options by funds: $105M
72% less capital invested
Capital invested by funds: $4.88B → $1.38B (-$3.5B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YAM
Yacktman Asset Management
Austin,
Texas
|
+$285M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$71.2M |
| 3 |
Two Sigma Advisers
New York
|
+$50.2M |
| 4 |
Renaissance Technologies
New York
|
+$43M |
| 5 |
State Street
Boston,
Massachusetts
|
+$34.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$255M |
| 2 |
Goldman Sachs
New York
|
-$124M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$30.7M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$29.9M |
| 5 |
Bank of New York Mellon
New York
|
-$27.8M |
M Hedge Fund Activity: Q1 2020 in Review
430 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q1 2020, worth a combined $1.38B — down 72% from $4.88B a quarter earlier.
Sellers outnumbered buyers: 112 funds closed out of M and 70 opened new positions — a net loss of 42 holders — while 174 trimmed existing stakes and 135 added.
The largest buyer was Yacktman Asset Management, adding an estimated $285M. The largest seller was American International Group, cutting an estimated $255M.
- 430 institutional investors held Macy's (M) as of Q1 2020, down from 482 in Q4 2019.
- Funds reported $1.38B of Macy's stock for Q1 2020, down 72% quarter-over-quarter.
- 70 funds opened new Macy's positions in Q1 2020 and 112 closed out, a net change of -42 holders.
- The largest Macy's buyer in Q1 2020 was Yacktman Asset Management, an estimated $285M added.
- The largest Macy's seller in Q1 2020 was American International Group, an estimated $255M sold.
Based on aggregated 13F filings for Q1 2020.