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646 hedge funds and large institutions have $9.25B invested in Macy's in 2015 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 192 increasing their positions, 294 reducing their positions, and 166 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more call options, than puts

Call options by funds: $733M | Put options by funds: $451M

1.81% less ownership

Funds ownership: 86.62%84.81% (-1.8%)

9% less funds holding

Funds holding: 711646 (-65)

35% less repeat investments, than reductions

Existing positions increased: 192 | Existing positions reduced: 294

36% less first-time investments, than exits

New positions opened: 106 | Existing positions closed: 166

41% less capital invested

Capital invested by funds: $15.7B → $9.25B (-$6.4B)

53% less funds holding in top 10

Funds holding in top 10: 199 (-10)

Holders
646
Holders Change
-65
Holders Change %
-9.14%
% of All Funds
16.95%
Holding in Top 10
9
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-52.63%
% of All Funds
0.24%
New
106
Increased
192
Reduced
294
Closed
166
Calls
$733M
Puts
$451M
Net Calls
+$282M
Net Calls Change
+$164M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
26
Invesco
Georgia
$84.3M -$8.52M -196,681 -8%
Bank of Montreal
27
Bank of Montreal
Ontario, Canada
$83M -$48.3M -1,114,070 -32%
BA
28
BlackRock Advisors
Delaware
$81.1M +$3.84M +88,510 +4%
Goldman Sachs
29
Goldman Sachs
New York
$79.8M +$9.09M +209,657 +10%
MCM
30
Marcato Capital Management
California
$78.2M +$96.8M +2,234,491 New
AQR Capital Management
31
AQR Capital Management
Connecticut
$75.2M +$10.9M +252,305 +13%
SG Americas Securities
32
SG Americas Securities
New York
$68.1M +$10.4M +239,883 +14%
SBAM
33
Santa Barbara Asset Management
California
$59.5M -$13.7M -315,338 -16%
BIM
34
BlackRock Investment Management
Delaware
$57M -$8.09M -186,744 -10%
Legal & General Group
35
Legal & General Group
United Kingdom
$54.9M +$2.13M +49,186 +3%
Wells Fargo
36
Wells Fargo
California
$53.8M +$3.86M +88,996 +6%
Ninety One (UK)
37
Ninety One (UK)
United Kingdom
$52.5M -$78.7M -1,815,738 -55%
PPA
38
Parametric Portfolio Associates
Washington
$52.1M -$6.22M -143,577 -9%
Ameriprise
39
Ameriprise
Minnesota
$51.4M -$59.2M -1,366,600 -48%
Two Sigma Investments
40
Two Sigma Investments
New York
$48.8M +$43.5M +1,004,346 +257%
Federated Hermes
41
Federated Hermes
Pennsylvania
$47.4M +$35.5M +819,961 +153%
PI
42
Putnam Investments
Massachusetts
$47.4M -$49.6M -1,143,910 -46%
CIBC Private Wealth Group
43
CIBC Private Wealth Group
Georgia
$47.3M -$4.6M -106,102 -7%
GF
44
Gabelli Funds
New York
$47.2M +$953K +22,000 +2%
WG
45
Winton Group
United Kingdom
$44.8M -$5.92M -136,657 -10%
UBS AM
46
UBS AM
Illinois
$41.8M -$23.7M -546,660 -31%
JP Morgan Chase
47
JP Morgan Chase
New York
$41.5M -$13.9M -321,747 -21%
LCS
48
Levin Capital Strategies
New York
$41.4M +$51.1M +1,178,524 +19,642%
Bessemer Group
49
Bessemer Group
New Jersey
$41.3M +$986K +22,756 +2%
CC
50
Carlson Capital
Texas
$40.3M +$50M +1,153,300 New

M Hedge Fund Activity: Q4 2015 in Review

646 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q4 2015, worth a combined $9.25B — down 41% from $15.7B a quarter earlier.

Sellers outnumbered buyers: 166 funds closed out of M and 106 opened new positions — a net loss of 60 holders — while 294 trimmed existing stakes and 192 added.

The largest buyer was Bank of New York Mellon, adding an estimated $331M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $1.08B sold.

  • 646 institutional investors held Macy's (M) as of Q4 2015, down from 711 in Q3 2015.
  • Funds reported $9.25B of Macy's stock for Q4 2015, down 41% quarter-over-quarter.
  • 106 funds opened new Macy's positions in Q4 2015 and 166 closed out, a net change of -60 holders.
  • The largest Macy's buyer in Q4 2015 was Bank of New York Mellon, an estimated $331M added.
  • The largest Macy's seller in Q4 2015 was Americafirst Capital Management, an estimated $1.08B sold.

Based on aggregated 13F filings for Q4 2015.