Macy's
522 hedge funds and large institutions have $5.86B invested in Macy's in 2017 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 198 increasing their positions, 205 reducing their positions, and 87 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
3% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 205
2.78% less ownership
Funds ownership: 85.73% → 82.95% (-2.8%)
7% less funds holding
Funds holding: 564 → 522 (-42)
24% less capital invested
Capital invested by funds: $7.72B → $5.86B (-$1.86B)
45% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 87
46% less call options, than puts
Call options by funds: $189M | Put options by funds: $351M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$51.9M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$51.2M |
| 3 |
LCS
Levin Capital Strategies
New York
|
+$31.7M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$28.6M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$140M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$67.9M |
| 3 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$66.7M |
| 4 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$47.3M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$42M |
M Hedge Fund Activity: Q2 2017 in Review
522 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q2 2017, worth a combined $5.86B — down 24% from $7.72B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of M and 48 opened new positions — a net loss of 39 holders — while 205 trimmed existing stakes and 198 added.
The largest buyer was Discovery Capital Management, adding an estimated $51.9M. The largest seller was JP Morgan Chase, cutting an estimated $140M.
- 522 institutional investors held Macy's (M) as of Q2 2017, down from 564 in Q1 2017.
- Funds reported $5.86B of Macy's stock for Q2 2017, down 24% quarter-over-quarter.
- 48 funds opened new Macy's positions in Q2 2017 and 87 closed out, a net change of -39 holders.
- The largest Macy's buyer in Q2 2017 was Discovery Capital Management, an estimated $51.9M added.
- The largest Macy's seller in Q2 2017 was JP Morgan Chase, an estimated $140M sold.
Based on aggregated 13F filings for Q2 2017.