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711 hedge funds and large institutions have $15.7B invested in Macy's in 2015 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 238 increasing their positions, 312 reducing their positions, and 107 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more call options, than puts

Call options by funds: $917M | Put options by funds: $800M

1.95% less ownership

Funds ownership: 88.57%86.62% (-2%)

5% less funds holding

Funds holding: 749711 (-38)

22% less capital invested

Capital invested by funds: $20B → $15.7B (-$4.36B)

24% less repeat investments, than reductions

Existing positions increased: 238 | Existing positions reduced: 312

30% less funds holding in top 10

Funds holding in top 10: 2719 (-8)

30% less first-time investments, than exits

New positions opened: 75 | Existing positions closed: 107

Holders
711
Holders Change
-38
Holders Change %
-5.07%
% of All Funds
19.85%
Holding in Top 10
19
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-29.63%
% of All Funds
0.53%
New
75
Increased
238
Reduced
312
Closed
107
Calls
$917M
Puts
$800M
Net Calls
+$118M
Net Calls Change
+$387M
Name Holding Trade Value Shares
Change
Change in
Stake
CPM
151
Chesapeake Partners Management
Maryland
$14.1M +$17.2M +275,000 New
Chevy Chase Trust
152
Chevy Chase Trust
Maryland
$14M +$324K +5,161 +2%
Canada Pension Plan Investment Board
153
Canada Pension Plan Investment Board
Ontario, Canada
$14M -$21M -334,100 -55%
RFS
154
Rockefeller Financial Services
New York
$13.9M -$621K -9,896 -4%
IGIM
155
I.G. Investment Management
Manitoba, Canada
$13.6M -$282K -4,500 -2%
EARNEST Partners
156
EARNEST Partners
Georgia
$12.8M -$86.6K -1,381 -0.5%
UOC
157
UBS O'Connor
Illinois
$12.8M +$15.7M +250,000 New
JG
158
Jefferies Group
New York
$12.8M +$15.5M +247,196 +17,166%
SW
159
SVB Wealth
Massachusetts
$12.6M -$2.57M -40,949 -14%
MCC
160
Mid Continent Capital
Illinois
$12.4M -$2.08M -33,125 -12%
Fifth Third Bancorp
161
Fifth Third Bancorp
Ohio
$12.3M +$1.58M +25,221 +12%
AC
162
Allstate Corporation
Illinois
$12.1M +$12.6M +201,191 +568%
VOYA Investment Management
163
VOYA Investment Management
Georgia
$12.1M +$9.66K +154 +0.1%
BNP Paribas Asset Management
164
BNP Paribas Asset Management
France
$12.1M +$1.17M +18,666 +9%
CTI
165
Community Trust & Investment
Kentucky
$11.5M +$141K +2,245 +1%
Luther King Capital Management (LKCM)
166
Luther King Capital Management (LKCM)
Texas
$11.5M -$1.19M -18,985 -8%
Macquarie Group
167
Macquarie Group
Australia
$10.9M -$2.89M -46,020 -18%
AL
168
Airain Ltd
Guernsey
$10.9M +$12M +190,650 +893%
WB
169
WesBanco Bank
West Virginia
$10.8M -$13.7K -219 -0.1%
National Pension Service
170
National Pension Service
South Korea
$10.6M +$1.84M +29,319 +17%
LIA
171
LS Investment Advisors
Michigan
$10.6M -$332K -5,295 -3%
WCP
172
Waterfront Capital Partners
New York
$10.3M -$627K -10,000 -5%
ACI
173
AMP Capital Investors
Australia
$10.2M +$3.2M +50,960 +34%
ZIM
174
Zacks Investment Management
Illinois
$10.1M +$2.11M +33,690 +21%
WIC
175
Water Island Capital
New York
$10.1M +$12.4M +197,468 New

M Hedge Fund Activity: Q3 2015 in Review

711 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q3 2015, worth a combined $15.7B — down 22% from $20B a quarter earlier.

Sellers outnumbered buyers: 107 funds closed out of M and 75 opened new positions — a net loss of 32 holders — while 312 trimmed existing stakes and 238 added.

The largest buyer was UBS Group, adding an estimated $239M. The largest seller was abrdn Investment Management, exiting entirely with an estimated $315M sold.

  • 711 institutional investors held Macy's (M) as of Q3 2015, down from 749 in Q2 2015.
  • Funds reported $15.7B of Macy's stock for Q3 2015, down 22% quarter-over-quarter.
  • 75 funds opened new Macy's positions in Q3 2015 and 107 closed out, a net change of -32 holders.
  • The largest Macy's buyer in Q3 2015 was UBS Group, an estimated $239M added.
  • The largest Macy's seller in Q3 2015 was abrdn Investment Management, an estimated $315M sold.

Based on aggregated 13F filings for Q3 2015.