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412 hedge funds and large institutions have $4.9B invested in Macy's in 2023 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 119 increasing their positions, 135 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+4)

89% more capital invested

Capital invested by funds: $2.59B → $4.9B (+$2.31B)

46% more first-time investments, than exits

New positions opened: 105 | Existing positions closed: 72

8% more funds holding

Funds holding: 383412 (+29)

7.41% more ownership

Funds ownership: 81.4%88.81% (+7.4%)

12% less repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 135

27% less call options, than puts

Call options by funds: $422M | Put options by funds: $575M

Holders
412
Holders Change
+29
Holders Change %
+7.57%
% of All Funds
6.01%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.09%
New
105
Increased
119
Reduced
135
Closed
72
Calls
$422M
Puts
$575M
Net Calls
-$153M
Net Calls Change
-$135M
Name Holding Trade Value Shares
Change
Change in
Stake
National Bank of Canada
26
National Bank of Canada
Quebec, Canada
$38.2M +$3.68M +253,999 +15%
Goldman Sachs
27
Goldman Sachs
New York
$36.2M -$7M -483,496 -21%
Wellington Management Group
28
Wellington Management Group
Massachusetts
$35.7M -$1.17M -81,133 -4%
Toronto Dominion Bank
29
Toronto Dominion Bank
Ontario, Canada
$35.2M +$25.3M +1,750,000 New
Allianz Asset Management
30
Allianz Asset Management
Germany
$32.8M -$1.26M -87,400 -5%
CM
31
Crestline Management
Texas
$32.2M +$23.2M +1,600,000 New
Invesco
32
Invesco
Georgia
$31.4M +$785K +54,268 +4%
Voloridge Investment Management
33
Voloridge Investment Management
Florida
$29.2M +$21M +1,453,224 New
RA
34
Royce & Associates
New York
$28.3M -$5.48M -378,500 -21%
Ameriprise
35
Ameriprise
Minnesota
$25.9M -$2.66M -184,033 -13%
N
36
Natixis
France
$25.9M +$18.6M +1,286,219 New
Rockefeller Capital Management
37
Rockefeller Capital Management
New York
$25.1M +$16.2M +1,120,059 +877%
DRZID
38
DePrince Race & Zollo Inc (DRZ)
Florida
$23.8M -$10.2M -706,739 -37%
Point72 Asset Management
39
Point72 Asset Management
Connecticut
$22.9M +$16.5M +1,138,267 New
Barclays
40
Barclays
United Kingdom
$20.3M -$22M -1,519,447 -60%
Principal Financial Group
41
Principal Financial Group
Iowa
$20.2M -$10.1K -697 -0.1%
ICM
42
Invenomic Capital Management
Massachusetts
$19.4M +$13.9M +962,810 New
HSBC Holdings
43
HSBC Holdings
United Kingdom
$18.3M +$12M +827,456 +1,044%
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$16.5M -$191K -13,231 -2%
JP Morgan Chase
45
JP Morgan Chase
New York
$15.8M +$142K +9,820 +1%
TC
46
Towle & Co
Colorado
$15.6M -$3.33M -229,960 -23%
Legal & General Group
47
Legal & General Group
United Kingdom
$15.2M +$89.8K +6,206 +0.8%
FTCM
48
Fir Tree Capital Management
New York
$15.1M +$10.9M +750,000 New
Capital Fund Management (CFM)
49
Capital Fund Management (CFM)
France
$14.1M -$9.1M -629,141 -47%
Connor, Clark & Lunn Investment Management (CC&L)
50
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$13.3M -$2.19M -151,513 -19%

M Hedge Fund Activity: Q4 2023 in Review

412 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q4 2023, worth a combined $4.9B — up 89% from $2.59B a quarter earlier.

Buyers outnumbered sellers: 105 funds opened new M positions and 72 closed out — a net gain of 33 holders — while 119 added to existing stakes and 135 trimmed.

The largest buyer was Nomura Holdings, adding an estimated $278M. The largest seller was Balyasny Asset Management, cutting an estimated $64.1M.

  • 412 institutional investors held Macy's (M) as of Q4 2023, up from 383 in Q3 2023.
  • Funds reported $4.9B of Macy's stock for Q4 2023, up 89% quarter-over-quarter.
  • 105 funds opened new Macy's positions in Q4 2023 and 72 closed out, a net change of +33 holders.
  • The largest Macy's buyer in Q4 2023 was Nomura Holdings, an estimated $278M added.
  • The largest Macy's seller in Q4 2023 was Balyasny Asset Management, an estimated $64.1M sold.

Based on aggregated 13F filings for Q4 2023.