Macy's
750 hedge funds and large institutions have $20.1B invested in Macy's in 2015 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 228 increasing their positions, 343 reducing their positions, and 73 closing their positions.
23% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 73
4% more funds holding in top 10
Funds holding in top 10: 26 → 27 (+1)
1% more funds holding
Funds holding: 743 → 750 (+7)
0% less capital invested
Capital invested by funds: $20.2B → $20.1B (-$94.2M)
2.8% less ownership
Funds ownership: 91.36% → 88.57% (-2.8%)
34% less repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 343
36% less call options, than puts
Call options by funds: $486M | Put options by funds: $756M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$456M |
| 2 |
SIG
Senator Investment Group
New York
|
+$439M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$217M |
| 4 |
SV
Starboard Value
New York
|
+$198M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$107M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$359M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$252M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$146M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$124M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$99.2M |
M Hedge Fund Activity: Q2 2015 in Review
750 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q2 2015, worth a combined $20.1B — down 0.47% from $20.2B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new M positions and 73 closed out — a net gain of 17 holders — while 228 added to existing stakes and 343 trimmed.
The largest buyer was Franklin Resources, adding an estimated $456M. The largest seller was VOYA Investment Management, cutting an estimated $359M.
- 750 institutional investors held Macy's (M) as of Q2 2015, up from 743 in Q1 2015.
- Funds reported $20.1B of Macy's stock for Q2 2015, down 0.47% quarter-over-quarter.
- 90 funds opened new Macy's positions in Q2 2015 and 73 closed out, a net change of +17 holders.
- The largest Macy's buyer in Q2 2015 was Franklin Resources, an estimated $456M added.
- The largest Macy's seller in Q2 2015 was VOYA Investment Management, an estimated $359M sold.
Based on aggregated 13F filings for Q2 2015.