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671 hedge funds and large institutions have $18.2B invested in Macy's in 2014 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 251 increasing their positions, 261 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 51

2% more funds holding

Funds holding: 661671 (+10)

0.24% less ownership

Funds ownership: 87.29%87.06% (-0.24%)

3% less capital invested

Capital invested by funds: $18.8B → $18.2B (-$646M)

4% less repeat investments, than reductions

Existing positions increased: 251 | Existing positions reduced: 261

31% less call options, than puts

Call options by funds: $96.8M | Put options by funds: $141M

37% less funds holding in top 10

Funds holding in top 10: 1912 (-7)

Holders
671
Holders Change
+10
Holders Change %
+1.51%
% of All Funds
19.29%
Holding in Top 10
12
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-36.84%
% of All Funds
0.34%
New
65
Increased
251
Reduced
261
Closed
51
Calls
$96.8M
Puts
$141M
Net Calls
-$43.8M
Net Calls Change
-$27.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
51
Legal & General Group
United Kingdom
$94.4M -$1.23M -21,235 -1%
GF
52
Gabelli Funds
New York
$93.4M -$1.37M -23,627 -1%
Principal Financial Group
53
Principal Financial Group
Iowa
$92.8M +$44.8M +771,226 +93%
Allianz Asset Management
54
Allianz Asset Management
Germany
$92.4M +$12.3M +211,366 +15%
AQR Capital Management
55
AQR Capital Management
Connecticut
$90.8M +$6.02M +103,700 +7%
AIM
56
abrdn Investment Management
United Kingdom
$87.4M +$86.5M +1,490,809 +9,149%
SIM
57
Stelliam Investment Management
New York
$82.1M +$12M +207,500 +17%
SFM
58
Systematic Financial Management
New Jersey
$80.4M -$2.54M -43,691 -3%
Bank of America
59
Bank of America
North Carolina
$76.7M +$4.11M +70,732 +6%
California Public Employees Retirement System
60
California Public Employees Retirement System
California
$71.3M -$10M -172,792 -12%
Morgan Stanley
61
Morgan Stanley
New York
$66.3M -$4.11M -70,841 -6%
BA
62
BlackRock Advisors
Delaware
$65.2M +$7.77M +133,942 +14%
Manulife (Manufacturers Life Insurance)
63
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$63.8M +$27.5M +474,631 +76%
ASC
64
Atalanta Sosnoff Capital
New York
$63.6M +$18.9M +325,891 +42%
Sumitomo Mitsui Trust Group
65
Sumitomo Mitsui Trust Group
Japan
$62.6M +$6.42M +110,651 +11%
PAM
66
Panagora Asset Management
Massachusetts
$58.4M -$5.97M -102,901 -9%
Citigroup
67
Citigroup
New York
$57.2M +$1.85M +31,808 +3%
PPA
68
Parametric Portfolio Associates
Washington
$57.2M -$6.63M -114,199 -10%
CS
69
Credit Suisse
Switzerland
$57M -$7.65M -131,812 -12%
Dimensional Fund Advisors
70
Dimensional Fund Advisors
Texas
$56.3M +$630K +10,847 +1%
BlackRock
71
BlackRock
New York
$56.2M +$10.2M +175,491 +22%
JIR
72
James Investment Research
Ohio
$56.2M +$302K +5,211 +0.5%
BIM
73
BlackRock Investment Management
Delaware
$55.4M +$6.07M +104,546 +12%
FMI
74
Factory Mutual Insurance
Massachusetts
$55M +$1.45M +25,000 +3%
TAM
75
Todd Asset Management
Kentucky
$54.4M -$1.36M -23,360 -2%

M Hedge Fund Activity: Q2 2014 in Review

671 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q2 2014, worth a combined $18.2B — down 3.4% from $18.8B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new M positions and 51 closed out — a net gain of 14 holders — while 251 added to existing stakes and 261 trimmed.

The largest buyer was Norges Bank, adding an estimated $182M. The largest seller was AllianceBernstein, cutting an estimated $280M.

  • 671 institutional investors held Macy's (M) as of Q2 2014, up from 661 in Q1 2014.
  • Funds reported $18.2B of Macy's stock for Q2 2014, down 3.4% quarter-over-quarter.
  • 65 funds opened new Macy's positions in Q2 2014 and 51 closed out, a net change of +14 holders.
  • The largest Macy's buyer in Q2 2014 was Norges Bank, an estimated $182M added.
  • The largest Macy's seller in Q2 2014 was AllianceBernstein, an estimated $280M sold.

Based on aggregated 13F filings for Q2 2014.