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626 hedge funds and large institutions have $8.4B invested in Macy's in 2018 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 201 increasing their positions, 231 reducing their positions, and 106 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.6% less ownership

Funds ownership: 92.77%92.17% (-0.6%)

3% less funds holding

Funds holding: 644626 (-18)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

11% less first-time investments, than exits

New positions opened: 94 | Existing positions closed: 106

13% less repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 231

15% less capital invested

Capital invested by funds: $9.89B → $8.4B (-$1.49B)

54% less call options, than puts

Call options by funds: $312M | Put options by funds: $676M

Holders
626
Holders Change
-18
Holders Change %
-2.8%
% of All Funds
13.95%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.25%
New
94
Increased
201
Reduced
231
Closed
106
Calls
$312M
Puts
$676M
Net Calls
-$364M
Net Calls Change
+$172M
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
26
Parametric Portfolio Associates
Washington
$75M -$1.87M -56,769 -2%
Morgan Stanley
27
Morgan Stanley
New York
$74.6M +$20.7M +629,354 +34%
UBS AM
28
UBS AM
Illinois
$74.1M +$8.43M +255,954 +11%
CIM
29
Contrarius Investment Management
Jersey
$71.2M -$45.8M -1,390,181 -37%
Citadel Advisors
30
Citadel Advisors
Florida
$66.3M +$73.2M +2,224,677 New
IAM
31
Impala Asset Management
Florida
$65.1M +$33.5M +1,017,574 +87%
Legal & General Group
32
Legal & General Group
United Kingdom
$64.9M +$5.57M +169,123 +8%
Two Sigma Investments
33
Two Sigma Investments
New York
$51.4M -$49M -1,489,190 -46%
DLA
34
Douglas Lane & Associates
New York
$49.9M -$6.87M -208,675 -11%
BCM
35
Bridgeway Capital Management
Texas
$48.1M -$28K -850 -0.1%
Deutsche Bank
36
Deutsche Bank
Germany
$43.3M -$35.9M -1,089,304 -43%
Bank of America
37
Bank of America
North Carolina
$41.8M +$13M +394,254 +39%
AA
38
ALPS Advisors
Colorado
$38.8M -$50.2K -1,525 -0.1%
APG Asset Management
39
APG Asset Management
Netherlands
$38M +$3.39M +103,000 +8%
Sumitomo Mitsui Trust Group
40
Sumitomo Mitsui Trust Group
Japan
$37.9M +$5.95M +180,649 +17%
Barclays
41
Barclays
United Kingdom
$35.7M +$379K +11,508 +1%
CS
42
Credit Suisse
Switzerland
$35.1M +$7.78M +236,443 +25%
Canada Life
43
Canada Life
Manitoba, Canada
$34.6M +$13.5M +411,455 +52%
Teacher Retirement System of Texas
44
Teacher Retirement System of Texas
Texas
$33.7M +$5.06M +153,795 +16%
Wellington Management Group
45
Wellington Management Group
Massachusetts
$31.1M +$3M +91,260 +10%
Swiss National Bank
46
Swiss National Bank
Switzerland
$29.7M +$678K +20,600 +2%
First Trust Advisors
47
First Trust Advisors
Illinois
$27.7M +$15.2M +462,494 +99%
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$26.6M +$593K +18,016 +2%
GF
49
Gabelli Funds
New York
$26.2M -$2.63M -80,000 -8%
AllianceBernstein
50
AllianceBernstein
Tennessee
$26.2M +$853K +25,907 +3%

M Hedge Fund Activity: Q4 2018 in Review

626 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q4 2018, worth a combined $8.4B — down 15% from $9.89B a quarter earlier.

Sellers outnumbered buyers: 106 funds closed out of M and 94 opened new positions — a net loss of 12 holders — while 231 trimmed existing stakes and 201 added.

The largest buyer was AQR Capital Management, adding an estimated $173M. The largest seller was American International Group, cutting an estimated $181M.

  • 626 institutional investors held Macy's (M) as of Q4 2018, down from 644 in Q3 2018.
  • Funds reported $8.4B of Macy's stock for Q4 2018, down 15% quarter-over-quarter.
  • 94 funds opened new Macy's positions in Q4 2018 and 106 closed out, a net change of -12 holders.
  • The largest Macy's buyer in Q4 2018 was AQR Capital Management, an estimated $173M added.
  • The largest Macy's seller in Q4 2018 was American International Group, an estimated $181M sold.

Based on aggregated 13F filings for Q4 2018.