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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
NPA
601
Nichols & Pratt Advisers
Massachusetts
$218K -$47K -750 -15%
CL
602
CPWM LLC
Washington
$216K +$264K +4,211 New
CC
603
Courier Capital
New York
$214K
ID
604
Integral Derivatives
New York
$213K -$100K -1,600 -28%
SFSIG
605
San Francisco Sentry Investment Group
California
$209K +$7.53K +120 +3%
CC
606
Capital Counsel
New York
$205K
ECM
607
Everence Capital Management
Indiana
$202K
CGT
608
Capital Guardian Trust
California
$187K -$12.9K -205 -5%
ASN
609
Advisory Services Network
Georgia
$180K -$9.1K -145 -4%
HCM
610
Highlander Capital Management
New Jersey
$179K
PG
611
Patten Group
Tennessee
$170K -$27.6K -440 -12%
BEAM
612
Baker Ellis Asset Management
Washington
$154K
SIG
613
Schooner Investment Group
Pennsylvania
$153K
SFM
614
Systematic Financial Management
New Jersey
$153K +$7.28K +116 +4%
First Manhattan
615
First Manhattan
New York
$152K
SMG
616
Spectrum Management Group
Indiana
$142K +$156K +2,480 +870%
ARMT
617
Amica Retiree Medical Trust
Rhode Island
$139K
FMLI
618
Fukoku Mutual Life Insurance
Japan
$139K +$50.2K +800 +42%
HCC
619
Hirtle Callaghan & Co
Pennsylvania
$138K
TWA
620
TCI Wealth Advisors
Arizona
$134K +$157K +2,501 +2,452%
MCM
621
Manchester Capital Management
Vermont
$129K
EFSCE
622
Enterprise Financial Services Corp (EFSC)
Missouri
$127K
CCS
623
Crosspoint Capital Strategies
California
$123K -$238K -3,800 -61%
CAM
624
ClariVest Asset Management
California
$122K -$12.5M -199,164 -99%
DSC
625
Duncker Streett & Co
Missouri
$118K

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.