Macy's
671 hedge funds and large institutions have $18.2B invested in Macy's in 2014 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 251 increasing their positions, 261 reducing their positions, and 51 closing their positions.
27% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 51
2% more funds holding
Funds holding: 661 → 671 (+10)
0.24% less ownership
Funds ownership: 87.29% → 87.06% (-0.24%)
3% less capital invested
Capital invested by funds: $18.8B → $18.2B (-$646M)
4% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 261
31% less call options, than puts
Call options by funds: $96.8M | Put options by funds: $141M
37% less funds holding in top 10
Funds holding in top 10: 19 → 12 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$182M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$127M |
| 3 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$116M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$89.8M |
| 5 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$86.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$280M |
| 2 |
Goldman Sachs
New York
|
-$224M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$104M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$101M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$92.7M |
M Hedge Fund Activity: Q2 2014 in Review
671 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q2 2014, worth a combined $18.2B — down 3.4% from $18.8B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new M positions and 51 closed out — a net gain of 14 holders — while 251 added to existing stakes and 261 trimmed.
The largest buyer was Norges Bank, adding an estimated $182M. The largest seller was AllianceBernstein, cutting an estimated $280M.
- 671 institutional investors held Macy's (M) as of Q2 2014, up from 661 in Q1 2014.
- Funds reported $18.2B of Macy's stock for Q2 2014, down 3.4% quarter-over-quarter.
- 65 funds opened new Macy's positions in Q2 2014 and 51 closed out, a net change of +14 holders.
- The largest Macy's buyer in Q2 2014 was Norges Bank, an estimated $182M added.
- The largest Macy's seller in Q2 2014 was AllianceBernstein, an estimated $280M sold.
Based on aggregated 13F filings for Q2 2014.