Macy's
661 hedge funds and large institutions have $18.8B invested in Macy's in 2014 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 266 increasing their positions, 235 reducing their positions, and 45 closing their positions.
93% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 45
27% more funds holding in top 10
Funds holding in top 10: 15 → 19 (+4)
13% more repeat investments, than reductions
Existing positions increased: 266 | Existing positions reduced: 235
11% more capital invested
Capital invested by funds: $17B → $18.8B (+$1.87B)
5% more funds holding
Funds holding: 630 → 661 (+31)
0.83% more ownership
Funds ownership: 86.47% → 87.29% (+0.83%)
13% less call options, than puts
Call options by funds: $109M | Put options by funds: $126M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$165M |
| 2 |
Goldman Sachs
New York
|
+$123M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$79.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$48.4M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$45.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$167M |
| 2 |
State Street
Boston,
Massachusetts
|
-$109M |
| 3 |
CANY
Caxton Associates (New York)
New York
|
-$80.5M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$70.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$58.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
701
Advisory Services Network
Atlanta,
Georgia
| – | -$64K | -1,201 | Closed |
|
702
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$51K | -944 | Closed |
|
|
MUMSS
703
Mitsubishi UFJ Morgan Stanley Securities
Tokyo,
Japan
| – | -$33K | -620 | Closed |
|
|
WAM
704
Wolverine Asset Management
Chicago,
Illinois
| – | -$16.8K | -303 | Closed |
|
|
ACM
705
Aviance Capital Management
Sarasota,
Florida
| – | -$10K | -187 | Closed |
|
706
Group One Trading
Chicago,
Illinois
| – | -$5K | -100 | Closed |
|
M Hedge Fund Activity: Q1 2014 in Review
661 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q1 2014, worth a combined $18.8B — up 11% from $17B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new M positions and 45 closed out — a net gain of 42 holders — while 266 added to existing stakes and 235 trimmed.
The largest buyer was AJO LP, adding an estimated $165M. The largest seller was Vanguard Group, cutting an estimated $167M.
- 661 institutional investors held Macy's (M) as of Q1 2014, up from 630 in Q4 2013.
- Funds reported $18.8B of Macy's stock for Q1 2014, up 11% quarter-over-quarter.
- 87 funds opened new Macy's positions in Q1 2014 and 45 closed out, a net change of +42 holders.
- The largest Macy's buyer in Q1 2014 was AJO LP, an estimated $165M added.
- The largest Macy's seller in Q1 2014 was Vanguard Group, an estimated $167M sold.
Based on aggregated 13F filings for Q1 2014.