Macy's
682 hedge funds and large institutions have $11.5B invested in Macy's in 2016 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 222 increasing their positions, 270 reducing their positions, and 65 closing their positions.
77% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 65
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
24% more capital invested
Capital invested by funds: $9.25B → $11.5B (+$2.25B)
6% more funds holding
Funds holding: 646 → 682 (+36)
1.33% more ownership
Funds ownership: 84.81% → 86.14% (+1.3%)
7% less call options, than puts
Call options by funds: $285M | Put options by funds: $307M
18% less repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 270
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$139M |
| 2 |
SCM
Scopia Capital Management
New York
|
+$99.9M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$83.2M |
| 4 |
Jennison Associates
New York
|
+$56.7M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$56.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$121M |
| 2 |
SG Americas Securities
New York
|
-$76M |
| 3 |
Morgan Stanley
New York
|
-$74.3M |
| 4 |
Two Sigma Investments
New York
|
-$53.8M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$48.4M |
M Hedge Fund Activity: Q1 2016 in Review
682 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q1 2016, worth a combined $11.5B — up 24% from $9.25B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new M positions and 65 closed out — a net gain of 50 holders — while 222 added to existing stakes and 270 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $139M. The largest seller was UBS Group, cutting an estimated $121M.
- 682 institutional investors held Macy's (M) as of Q1 2016, up from 646 in Q4 2015.
- Funds reported $11.5B of Macy's stock for Q1 2016, up 24% quarter-over-quarter.
- 115 funds opened new Macy's positions in Q1 2016 and 65 closed out, a net change of +50 holders.
- The largest Macy's buyer in Q1 2016 was Royal London Asset Management, an estimated $139M added.
- The largest Macy's seller in Q1 2016 was UBS Group, an estimated $121M sold.
Based on aggregated 13F filings for Q1 2016.