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412 hedge funds and large institutions have $4.9B invested in Macy's in 2023 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 119 increasing their positions, 135 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+4)

89% more capital invested

Capital invested by funds: $2.59B → $4.9B (+$2.31B)

46% more first-time investments, than exits

New positions opened: 105 | Existing positions closed: 72

8% more funds holding

Funds holding: 383412 (+29)

7.41% more ownership

Funds ownership: 81.4%88.81% (+7.4%)

12% less repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 135

27% less call options, than puts

Call options by funds: $422M | Put options by funds: $575M

Holders
412
Holders Change
+29
Holders Change %
+7.57%
% of All Funds
6.01%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.09%
New
105
Increased
119
Reduced
135
Closed
72
Calls
$422M
Puts
$575M
Net Calls
-$153M
Net Calls Change
-$135M
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
51
AllianceBernstein
Tennessee
$13.1M +$3.75M +259,140 +66%
Bank of America
52
Bank of America
North Carolina
$12.7M +$1.12M +77,612 +14%
UBS AM
53
UBS AM
Illinois
$11.2M +$412K +28,486 +5%
Swiss National Bank
54
Swiss National Bank
Switzerland
$10.9M -$865K -59,800 -10%
Mitsubishi UFJ Trust & Banking
55
Mitsubishi UFJ Trust & Banking
Japan
$10.3M -$470K -32,486 -6%
Retirement Systems of Alabama
56
Retirement Systems of Alabama
Alabama
$10M +$35.1K +2,428 +0.5%
F1I
57
Fund 1 Investments
Puerto Rico
$10M +$7.2M +497,422 New
N
58
Nuveen
North Carolina
$9.96M -$516K -35,677 -7%
CS
59
Credit Suisse
Switzerland
$9.7M -$441K -30,502 -6%
California Public Employees Retirement System
60
California Public Employees Retirement System
California
$9.56M -$108K -7,494 -2%
SPS
61
Susquehanna Portfolio Strategies
Pennsylvania
$9.35M +$6.73M +464,769 New
Marshall Wace
62
Marshall Wace
United Kingdom
$9.32M +$6.7M +463,098 New
Axa
63
Axa
France
$8.65M +$4.67M +322,694 +300%
JFG
64
Jefferies Financial Group
New York
$8.6M +$5.05M +349,110 +445%
Balyasny Asset Management
65
Balyasny Asset Management
Illinois
$8.6M -$64.1M -4,427,259 -91%
CM
66
CastleKnight Management
New York
$7.99M +$1.22M +84,000 +27%
Hotchkis & Wiley Capital Management
67
Hotchkis & Wiley Capital Management
California
$7.85M -$1.04M -72,080 -16%
Grantham, Mayo, Van Otterloo & Co (GMO)
68
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$7.78M +$572K +39,556 +11%
AIG
69
American International Group
New York
$7.44M -$208K -14,359 -4%
Acadian Asset Management
70
Acadian Asset Management
Massachusetts
$7.42M -$9.51M -657,238 -64%
Prudential Financial
71
Prudential Financial
New Jersey
$7.36M -$2.31M -159,600 -30%
Russell Investments Group
72
Russell Investments Group
United Kingdom
$7.18M -$2.61M -180,019 -34%
Walleye Trading
73
Walleye Trading
New York
$6.95M +$1.42M +98,120 +40%
GAM
74
Goldentree Asset Management
New York
$6.79M -$29.8M -2,056,442 -86%
FWC
75
First Washington Corp
Washington
$6.69M +$845K +58,407 +21%

M Hedge Fund Activity: Q4 2023 in Review

412 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q4 2023, worth a combined $4.9B — up 89% from $2.59B a quarter earlier.

Buyers outnumbered sellers: 105 funds opened new M positions and 72 closed out — a net gain of 33 holders — while 119 added to existing stakes and 135 trimmed.

The largest buyer was Nomura Holdings, adding an estimated $278M. The largest seller was Balyasny Asset Management, cutting an estimated $64.1M.

  • 412 institutional investors held Macy's (M) as of Q4 2023, up from 383 in Q3 2023.
  • Funds reported $4.9B of Macy's stock for Q4 2023, up 89% quarter-over-quarter.
  • 105 funds opened new Macy's positions in Q4 2023 and 72 closed out, a net change of +33 holders.
  • The largest Macy's buyer in Q4 2023 was Nomura Holdings, an estimated $278M added.
  • The largest Macy's seller in Q4 2023 was Balyasny Asset Management, an estimated $64.1M sold.

Based on aggregated 13F filings for Q4 2023.