Macy's
645 hedge funds and large institutions have $9.47B invested in Macy's in 2016 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 205 increasing their positions, 269 reducing their positions, and 78 closing their positions.
21% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 78
1% more funds holding
Funds holding: 638 → 645 (+7)
4% more call options, than puts
Call options by funds: $349M | Put options by funds: $336M
0.28% less ownership
Funds ownership: 86.7% → 86.42% (-0.28%)
3% less capital invested
Capital invested by funds: $9.76B → $9.47B (-$291M)
24% less repeat investments, than reductions
Existing positions increased: 205 | Existing positions reduced: 269
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| 1 |
AIG
American International Group
New York
|
+$458M |
| 2 |
Renaissance Technologies
New York
|
+$80.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$52.5M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$34.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32.5M |
Top Sellers
| 1 |
Bank of New York Mellon
New York
|
-$237M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$94.3M |
| 3 |
Millennium Management
New York
|
-$82.3M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$56.6M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$55.6M |
M Hedge Fund Activity: Q4 2016 in Review
645 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q4 2016, worth a combined $9.47B — down 3% from $9.76B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new M positions and 78 closed out — a net gain of 16 holders — while 205 added to existing stakes and 269 trimmed.
The largest buyer was American International Group, adding an estimated $458M. The largest seller was Bank of New York Mellon, cutting an estimated $237M.
- 645 institutional investors held Macy's (M) as of Q4 2016, up from 638 in Q3 2016.
- Funds reported $9.47B of Macy's stock for Q4 2016, down 3% quarter-over-quarter.
- 94 funds opened new Macy's positions in Q4 2016 and 78 closed out, a net change of +16 holders.
- The largest Macy's buyer in Q4 2016 was American International Group, an estimated $458M added.
- The largest Macy's seller in Q4 2016 was Bank of New York Mellon, an estimated $237M sold.
Based on aggregated 13F filings for Q4 2016.