Macy's
635 hedge funds and large institutions have $10.5B invested in Macy's in 2018 Q2 according to their latest regulatory filings, with 106 funds opening new positions, 201 increasing their positions, 232 reducing their positions, and 74 closing their positions.
43% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 74
29% more capital invested
Capital invested by funds: $8.15B → $10.5B (+$2.4B)
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
4% more funds holding
Funds holding: 608 → 635 (+27)
1.93% more ownership
Funds ownership: 89.99% → 91.93% (+1.9%)
13% less repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 232
32% less call options, than puts
Call options by funds: $603M | Put options by funds: $890M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$172M |
| 2 |
Two Sigma Investments
New York
|
+$99.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$82.6M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$79.9M |
| 5 |
Goldman Sachs
New York
|
+$77.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$194M |
| 2 |
Renaissance Technologies
New York
|
-$72.6M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$69.5M |
| 4 |
HP
Holowesko Partners
Nassau,
Bahamas
|
-$58.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$57.6M |
M Hedge Fund Activity: Q2 2018 in Review
635 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q2 2018, worth a combined $10.5B — up 29% from $8.15B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new M positions and 74 closed out — a net gain of 32 holders — while 201 added to existing stakes and 232 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $172M. The largest seller was American International Group, cutting an estimated $194M.
- 635 institutional investors held Macy's (M) as of Q2 2018, up from 608 in Q1 2018.
- Funds reported $10.5B of Macy's stock for Q2 2018, up 29% quarter-over-quarter.
- 106 funds opened new Macy's positions in Q2 2018 and 74 closed out, a net change of +32 holders.
- The largest Macy's buyer in Q2 2018 was AQR Capital Management, an estimated $172M added.
- The largest Macy's seller in Q2 2018 was American International Group, an estimated $194M sold.
Based on aggregated 13F filings for Q2 2018.