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711 hedge funds and large institutions have $15.7B invested in Macy's in 2015 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 238 increasing their positions, 312 reducing their positions, and 107 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more call options, than puts

Call options by funds: $917M | Put options by funds: $800M

1.95% less ownership

Funds ownership: 88.57%86.62% (-2%)

5% less funds holding

Funds holding: 749711 (-38)

22% less capital invested

Capital invested by funds: $20B → $15.7B (-$4.36B)

24% less repeat investments, than reductions

Existing positions increased: 238 | Existing positions reduced: 312

30% less funds holding in top 10

Funds holding in top 10: 2719 (-8)

30% less first-time investments, than exits

New positions opened: 75 | Existing positions closed: 107

Holders
711
Holders Change
-38
Holders Change %
-5.07%
% of All Funds
19.85%
Holding in Top 10
19
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-29.63%
% of All Funds
0.53%
New
75
Increased
238
Reduced
312
Closed
107
Calls
$917M
Puts
$800M
Net Calls
+$118M
Net Calls Change
+$387M
Name Holding Trade Value Shares
Change
Change in
Stake
DVM
476
Dreman Value Management
Florida
$630K +$168K +2,684 +28%
AT
477
AMF Tjänstepension
Sweden
$616K -$22.5M -357,982 -97%
Fuller & Thaler Asset Management
478
Fuller & Thaler Asset Management
California
$611K +$464K +7,400 +164%
SACTSONJ
479
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$600K
PA
480
Profund Advisors
Maryland
$598K -$321K -5,117 -31%
CCMG
481
Clark Capital Management Group
Pennsylvania
$587K -$7.24M -115,411 -91%
AP
482
AHL Partners
United Kingdom
$587K -$2.69M -42,957 -79%
CAM
483
Centre Asset Management
New York
$584K
OCAM
484
Onex Canada Asset Management
Ontario, Canada
$584K +$957K +15,256 New
GCA
485
Gideon Capital Advisors
New York
$574K -$492K -7,844 -41%
AT
486
Arden Trust
Delaware
$571K +$290K +4,627 +71%
PCM
487
Perritt Capital Management
Illinois
$570K -$32.3K -515 -4%
KRSITF
488
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$568K +$5.33K +85 +0.8%
Victory Capital Management
489
Victory Capital Management
Texas
$563K +$46K +733 +7%
Brown Advisory
490
Brown Advisory
Maryland
$557K +$300K +4,778 +79%
Dodge & Cox
491
Dodge & Cox
California
$554K
Toronto Dominion Bank
492
Toronto Dominion Bank
Ontario, Canada
$541K +$78.8K +1,256 +14%
EMG
493
Ellington Management Group
Connecticut
$538K +$657K +10,480 New
BAAM
494
Baker Avenue Asset Management
California
$536K +$24.5K +390 +4%
BCAM
495
Boston Common Asset Management
Massachusetts
$527K +$285K +4,545 +79%
BWAM
496
Boyd Watterson Asset Management
Ohio
$519K -$30K -478 -5%
MERSOM
497
Municipal Employees' Retirement System of Michigan
Michigan
$514K -$195K -3,110 -24%
PRCM
498
Pine River Capital Management
Minnesota
$508K +$621K +9,900 New
FQ
499
First Quadrant
California
$493K -$960K -15,300 -61%
CCM
500
Catawba Capital Management
Virginia
$483K

M Hedge Fund Activity: Q3 2015 in Review

711 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q3 2015, worth a combined $15.7B — down 22% from $20B a quarter earlier.

Sellers outnumbered buyers: 107 funds closed out of M and 75 opened new positions — a net loss of 32 holders — while 312 trimmed existing stakes and 238 added.

The largest buyer was UBS Group, adding an estimated $239M. The largest seller was abrdn Investment Management, exiting entirely with an estimated $315M sold.

  • 711 institutional investors held Macy's (M) as of Q3 2015, down from 749 in Q2 2015.
  • Funds reported $15.7B of Macy's stock for Q3 2015, down 22% quarter-over-quarter.
  • 75 funds opened new Macy's positions in Q3 2015 and 107 closed out, a net change of -32 holders.
  • The largest Macy's buyer in Q3 2015 was UBS Group, an estimated $239M added.
  • The largest Macy's seller in Q3 2015 was abrdn Investment Management, an estimated $315M sold.

Based on aggregated 13F filings for Q3 2015.