Macy's
741 hedge funds and large institutions have $20.4B invested in Macy's in 2014 Q4 according to their latest regulatory filings, with 127 funds opening new positions, 249 increasing their positions, 286 reducing their positions, and 56 closing their positions.
127% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 56
91% more funds holding in top 10
Funds holding in top 10: 11 → 21 (+10)
11% more capital invested
Capital invested by funds: $18.4B → $20.4B (+$1.94B)
9% more funds holding
Funds holding: 681 → 741 (+60)
1.15% more ownership
Funds ownership: 89% → 90.15% (+1.2%)
13% less repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 286
42% less call options, than puts
Call options by funds: $228M | Put options by funds: $390M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$199M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$194M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$119M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$80.3M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
+$71.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$208M |
| 2 |
Lazard Asset Management
New York
|
-$184M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$175M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$131M |
| 5 |
AC
Axon Capital
New York
|
-$117M |
M Hedge Fund Activity: Q4 2014 in Review
741 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q4 2014, worth a combined $20.4B — up 11% from $18.4B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new M positions and 56 closed out — a net gain of 71 holders — while 249 added to existing stakes and 286 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $199M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $208M sold.
- 741 institutional investors held Macy's (M) as of Q4 2014, up from 681 in Q3 2014.
- Funds reported $20.4B of Macy's stock for Q4 2014, up 11% quarter-over-quarter.
- 127 funds opened new Macy's positions in Q4 2014 and 56 closed out, a net change of +71 holders.
- The largest Macy's buyer in Q4 2014 was Morgan Stanley, an estimated $199M added.
- The largest Macy's seller in Q4 2014 was Americafirst Capital Management, an estimated $208M sold.
Based on aggregated 13F filings for Q4 2014.