Macy's
638 hedge funds and large institutions have $9.76B invested in Macy's in 2016 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 224 increasing their positions, 245 reducing their positions, and 72 closing their positions.
48% more call options, than puts
Call options by funds: $404M | Put options by funds: $274M
26% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 72
11% more capital invested
Capital invested by funds: $8.78B → $9.76B (+$978M)
2% more funds holding
Funds holding: 624 → 638 (+14)
1.9% more ownership
Funds ownership: 84.8% → 86.7% (+1.9%)
9% less repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 245
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$186M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$92.2M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$80.1M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$75.5M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$66.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$383M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$95.4M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$76.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$70.8M |
| 5 |
SBAM
Santa Barbara Asset Management
Los Angeles,
California
|
-$67.5M |
M Hedge Fund Activity: Q3 2016 in Review
638 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q3 2016, worth a combined $9.76B — up 11% from $8.78B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new M positions and 72 closed out — a net gain of 19 holders — while 224 added to existing stakes and 245 trimmed.
The largest buyer was Vanguard Group, adding an estimated $186M. The largest seller was Franklin Resources, cutting an estimated $383M.
- 638 institutional investors held Macy's (M) as of Q3 2016, up from 624 in Q2 2016.
- Funds reported $9.76B of Macy's stock for Q3 2016, up 11% quarter-over-quarter.
- 91 funds opened new Macy's positions in Q3 2016 and 72 closed out, a net change of +19 holders.
- The largest Macy's buyer in Q3 2016 was Vanguard Group, an estimated $186M added.
- The largest Macy's seller in Q3 2016 was Franklin Resources, an estimated $383M sold.
Based on aggregated 13F filings for Q3 2016.