Macy's
743 hedge funds and large institutions have $20.2B invested in Macy's in 2015 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 271 increasing their positions, 298 reducing their positions, and 72 closing their positions.
24% more funds holding in top 10
Funds holding in top 10: 21 → 26 (+5)
19% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 72
1.22% more ownership
Funds ownership: 90.15% → 91.36% (+1.2%)
0% more funds holding
Funds holding: 742 → 743 (+1)
1% less capital invested
Capital invested by funds: $20.5B → $20.2B (-$266M)
9% less repeat investments, than reductions
Existing positions increased: 271 | Existing positions reduced: 298
13% less call options, than puts
Call options by funds: $220M | Put options by funds: $254M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$130M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$124M |
| 3 |
GC
Greenlight Capital
New York
|
+$108M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$57M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$53.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$142M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$81M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$74.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$67.6M |
| 5 |
ASC
Atalanta Sosnoff Capital
New York
|
-$58.8M |
M Hedge Fund Activity: Q1 2015 in Review
743 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q1 2015, worth a combined $20.2B — down 1.3% from $20.5B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new M positions and 72 closed out — a net gain of 14 holders — while 271 added to existing stakes and 298 trimmed.
The largest buyer was abrdn Investment Management, adding an estimated $130M. The largest seller was AllianceBernstein, cutting an estimated $142M.
- 743 institutional investors held Macy's (M) as of Q1 2015, up from 742 in Q4 2014.
- Funds reported $20.2B of Macy's stock for Q1 2015, down 1.3% quarter-over-quarter.
- 86 funds opened new Macy's positions in Q1 2015 and 72 closed out, a net change of +14 holders.
- The largest Macy's buyer in Q1 2015 was abrdn Investment Management, an estimated $130M added.
- The largest Macy's seller in Q1 2015 was AllianceBernstein, an estimated $142M sold.
Based on aggregated 13F filings for Q1 2015.