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638 hedge funds and large institutions have $9.76B invested in Macy's in 2016 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 224 increasing their positions, 245 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more call options, than puts

Call options by funds: $404M | Put options by funds: $274M

26% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 72

11% more capital invested

Capital invested by funds: $8.78B → $9.76B (+$978M)

2% more funds holding

Funds holding: 624638 (+14)

1.9% more ownership

Funds ownership: 84.8%86.7% (+1.9%)

9% less repeat investments, than reductions

Existing positions increased: 224 | Existing positions reduced: 245

17% less funds holding in top 10

Funds holding in top 10: 1210 (-2)

Holders
638
Holders Change
+14
Holders Change %
+2.24%
% of All Funds
17.02%
Holding in Top 10
10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-16.67%
% of All Funds
0.27%
New
91
Increased
224
Reduced
245
Closed
72
Calls
$404M
Puts
$274M
Net Calls
+$131M
Net Calls Change
+$10.9M
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
26
Parametric Portfolio Associates
Washington
$79.5M -$7.52M -207,411 -9%
Skandinaviska Enskilda Banken (SEB)
27
Skandinaviska Enskilda Banken (SEB)
Sweden
$79.1M +$75.5M +2,082,100 +3,863%
JP Morgan Chase
28
JP Morgan Chase
New York
$79M +$52.8M +1,456,153 +215%
TA
29
Teachers Advisors
New York
$77.9M +$60.2M +1,660,052 +376%
Morgan Stanley
30
Morgan Stanley
New York
$76.9M +$15.3M +421,576 +26%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$75.5M +$32.6M +899,124 +79%
AllianceBernstein
32
AllianceBernstein
Tennessee
$74.6M +$52.1M +1,436,380 +249%
OSAM
33
O'Shaughnessy Asset Management
Connecticut
$74.4M +$4.26M +117,608 +6%
APG Asset Management
34
APG Asset Management
Netherlands
$68.8M +$24.7M +680,700 +58%
Manulife (Manufacturers Life Insurance)
35
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$68.6M -$5.3M -146,232 -7%
NIPH
36
NN Investment Partners Holdings
Netherlands
$65.1M +$32.4M +893,000 +103%
Legal & General Group
37
Legal & General Group
United Kingdom
$62.4M +$2.35M +64,894 +4%
AQR Capital Management
38
AQR Capital Management
Connecticut
$58.6M -$10.8M -297,499 -16%
Bank of America
39
Bank of America
North Carolina
$57.5M -$25.4M -700,467 -31%
CC
40
Carlson Capital
Texas
$55.6M -$21M -580,600 -28%
IP
41
Interval Partners
New York
$55.6M +$32.6M +899,595 +150%
Wells Fargo
42
Wells Fargo
California
$55.2M +$12.3M +339,800 +30%
CIBC Private Wealth Group
43
CIBC Private Wealth Group
Georgia
$53.6M -$19.8M -545,265 -27%
Charles Schwab
44
Charles Schwab
California
$53.1M +$3.13M +86,397 +6%
MCM
45
Marcato Capital Management
California
$53M -$21.7M -600,000 -30%
VFA
46
Virtus Fund Advisers
Connecticut
$52.6M -$5.37M -148,145 -10%
Invesco
47
Invesco
Georgia
$49M -$61.1M -1,686,662 -56%
Toronto Dominion Bank
48
Toronto Dominion Bank
Ontario, Canada
$48.5M +$47.4M +1,307,303 +76,630%
NIMC
49
NWQ Investment Management Company
California
$47.2M +$46.1M +1,272,858 New
GF
50
Gabelli Funds
New York
$46.4M -$942K -26,000 -2%

M Hedge Fund Activity: Q3 2016 in Review

638 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q3 2016, worth a combined $9.76B — up 11% from $8.78B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new M positions and 72 closed out — a net gain of 19 holders — while 224 added to existing stakes and 245 trimmed.

The largest buyer was Vanguard Group, adding an estimated $186M. The largest seller was Franklin Resources, cutting an estimated $383M.

  • 638 institutional investors held Macy's (M) as of Q3 2016, up from 624 in Q2 2016.
  • Funds reported $9.76B of Macy's stock for Q3 2016, up 11% quarter-over-quarter.
  • 91 funds opened new Macy's positions in Q3 2016 and 72 closed out, a net change of +19 holders.
  • The largest Macy's buyer in Q3 2016 was Vanguard Group, an estimated $186M added.
  • The largest Macy's seller in Q3 2016 was Franklin Resources, an estimated $383M sold.

Based on aggregated 13F filings for Q3 2016.