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626 hedge funds and large institutions have $8.4B invested in Macy's in 2018 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 201 increasing their positions, 231 reducing their positions, and 106 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.6% less ownership

Funds ownership: 92.77%92.17% (-0.6%)

3% less funds holding

Funds holding: 644626 (-18)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

11% less first-time investments, than exits

New positions opened: 94 | Existing positions closed: 106

13% less repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 231

15% less capital invested

Capital invested by funds: $9.89B → $8.4B (-$1.49B)

54% less call options, than puts

Call options by funds: $312M | Put options by funds: $676M

Holders
626
Holders Change
-18
Holders Change %
-2.8%
% of All Funds
13.95%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.25%
New
94
Increased
201
Reduced
231
Closed
106
Calls
$312M
Puts
$676M
Net Calls
-$364M
Net Calls Change
+$172M
Name Holding Trade Value Shares
Change
Change in
Stake
N
51
Nuveen
North Carolina
$23.1M +$6.42M +194,966 +34%
Citigroup
52
Citigroup
New York
$22.7M +$11.3M +342,469 +81%
UBS Group
53
UBS Group
Switzerland
$22.4M +$2.03M +61,803 +9%
Aberdeen Group
54
Aberdeen Group
United Kingdom
$22M -$606K -18,399 -2%
MLM
55
Mount Lucas Management
Pennsylvania
$20.3M +$650K +19,757 +3%
ZIM
56
Zacks Investment Management
Illinois
$20.2M -$2.75M -83,448 -11%
Arrowstreet Capital
57
Arrowstreet Capital
Massachusetts
$20.1M -$6.66M -202,278 -23%
QI
58
QV Investors
Alberta, Canada
$18.3M -$9.85M -299,300 -33%
MC
59
Maverick Capital
Texas
$17.8M +$13.5M +408,990 +215%
HSBC Holdings
60
HSBC Holdings
United Kingdom
$17.8M +$5.07M +154,124 +35%
Envestnet Asset Management
61
Envestnet Asset Management
Illinois
$17.5M +$19.3M +586,478 New
California State Teachers Retirement System (CalSTRS)
62
California State Teachers Retirement System (CalSTRS)
California
$17.4M -$126K -3,821 -0.7%
Royal Bank of Canada
63
Royal Bank of Canada
Ontario, Canada
$17.2M -$6.2M -188,265 -25%
RhumbLine Advisers
64
RhumbLine Advisers
Massachusetts
$17.2M -$207K -6,285 -1%
Bank of Montreal
65
Bank of Montreal
Ontario, Canada
$17.1M -$3.99M -121,290 -17%
N
66
Natixis
France
$17.1M +$7.14M +216,948 +61%
New York State Common Retirement Fund
67
New York State Common Retirement Fund
New York
$16.2M -$770K -23,400 -4%
New York State Teachers Retirement System (NYSTRS)
68
New York State Teachers Retirement System (NYSTRS)
New York
$16.2M -$101K -3,072 -0.6%
Principal Financial Group
69
Principal Financial Group
Iowa
$16M -$6.47M -196,449 -27%
T. Rowe Price Associates
70
T. Rowe Price Associates
Maryland
$15.9M +$149K +4,528 +0.9%
Canada Pension Plan Investment Board
71
Canada Pension Plan Investment Board
Ontario, Canada
$15.7M +$10M +304,575 +137%
TAM
72
Todd Asset Management
Kentucky
$15.3M +$2.99M +90,888 +21%
BNP Paribas Asset Management
73
BNP Paribas Asset Management
France
$15.2M +$4.23M +128,613 +34%
BA
74
Bridgewater Associates
Connecticut
$15.2M +$8.73M +265,312 +109%
AFA
75
Alta Fundamental Advisers
New York
$15M -$135K -4,100 -0.8%

M Hedge Fund Activity: Q4 2018 in Review

626 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q4 2018, worth a combined $8.4B — down 15% from $9.89B a quarter earlier.

Sellers outnumbered buyers: 106 funds closed out of M and 94 opened new positions — a net loss of 12 holders — while 231 trimmed existing stakes and 201 added.

The largest buyer was AQR Capital Management, adding an estimated $173M. The largest seller was American International Group, cutting an estimated $181M.

  • 626 institutional investors held Macy's (M) as of Q4 2018, down from 644 in Q3 2018.
  • Funds reported $8.4B of Macy's stock for Q4 2018, down 15% quarter-over-quarter.
  • 94 funds opened new Macy's positions in Q4 2018 and 106 closed out, a net change of -12 holders.
  • The largest Macy's buyer in Q4 2018 was AQR Capital Management, an estimated $173M added.
  • The largest Macy's seller in Q4 2018 was American International Group, an estimated $181M sold.

Based on aggregated 13F filings for Q4 2018.