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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
CEP
101
Chicago Equity Partners
Illinois
$8.4M -$1.1M -33,400 -11%
PG
102
Pendal Group
Australia
$8.02M +$3.55M +107,942 +52%
T
103
TOBAM
France
$7.69M +$1.06M +32,218 +14%
Chevy Chase Trust
104
Chevy Chase Trust
Maryland
$7.67M +$32.9K +998 +0.4%
OSAM
105
O'Shaughnessy Asset Management
Connecticut
$7.18M +$790K +23,982 +11%
SFI
106
Susquehanna Fundamental Investments
Pennsylvania
$6.98M -$388K -11,800 -5%
DekaBank Deutsche Girozentrale
107
DekaBank Deutsche Girozentrale
Germany
$6.92M -$1.15M -34,970 -13%
AAM
108
Advisors Asset Management
Colorado
$6.76M -$6.08M -184,711 -45%
Grantham, Mayo, Van Otterloo & Co (GMO)
109
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$6.7M +$2.25M +68,200 +44%
OPERF
110
Oregon Public Employees Retirement Fund
Oregon
$6.68M +$195K +5,920 +3%
Zurich Cantonal Bank
111
Zurich Cantonal Bank
Switzerland
$6.54M -$268K -8,137 -4%
PNC Financial Services Group
112
PNC Financial Services Group
Pennsylvania
$6.36M -$121K -3,674 -2%
BGIM
113
Brandywine Global Investment Management
Pennsylvania
$6.26M -$45.4K -1,379 -0.7%
AGAM
114
Avalon Global Asset Management
California
$6.18M +$188K +5,700 +3%
Treasurer of the State of North Carolina
115
Treasurer of the State of North Carolina
North Carolina
$6.11M +$41.3K +1,255 +0.6%
Victory Capital Management
116
Victory Capital Management
Texas
$6.04M -$1.21M -36,689 -15%
ASRS
117
Arizona State Retirement System
Arizona
$5.85M -$1.72M -52,116 -21%
Toronto Dominion Bank
118
Toronto Dominion Bank
Ontario, Canada
$5.77M -$1.48M -44,999 -19%
VOYA Investment Management
119
VOYA Investment Management
Georgia
$5.68M +$352K +10,678 +6%
CBOA
120
Commonwealth Bank of Australia
Australia
$5.53M -$1.36M -41,315 -18%
ACM
121
Advent Capital Management
New York
$5.51M +$5.27M +160,000 +640%
GC
122
Guggenheim Capital
Illinois
$5.5M -$5.46M -165,767 -47%
HCMT
123
Highland Capital Management (Tennessee)
Tennessee
$5.35M -$148K -4,500 -2%
Russell Investments Group
124
Russell Investments Group
United Kingdom
$5.2M +$542K +16,461 +10%
SGCIA
125
Smith Graham & Co Investment Advisors
Texas
$5.18M -$23.4K -710 -0.4%

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.