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638 hedge funds and large institutions have $9.76B invested in Macy's in 2016 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 224 increasing their positions, 245 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more call options, than puts

Call options by funds: $404M | Put options by funds: $274M

26% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 72

11% more capital invested

Capital invested by funds: $8.78B → $9.76B (+$978M)

2% more funds holding

Funds holding: 624638 (+14)

1.9% more ownership

Funds ownership: 84.8%86.7% (+1.9%)

9% less repeat investments, than reductions

Existing positions increased: 224 | Existing positions reduced: 245

17% less funds holding in top 10

Funds holding in top 10: 1210 (-2)

Holders
638
Holders Change
+14
Holders Change %
+2.24%
% of All Funds
17.02%
Holding in Top 10
10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-16.67%
% of All Funds
0.27%
New
91
Increased
224
Reduced
245
Closed
72
Calls
$404M
Puts
$274M
Net Calls
+$131M
Net Calls Change
+$10.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.05B +$186M +5,131,016 +22%
State Street
2
State Street
Massachusetts
$512M -$174K -4,805 -0%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$492M +$6.98M +192,576 +1%
BIT
4
BlackRock Institutional Trust
California
$337M +$12.1M +332,523 +4%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$272M +$49.8M +1,374,961 +23%
Capital World Investors
6
Capital World Investors
California
$252M -$76.1M -2,100,000 -24%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$208M +$80.1K +2,210 +0%
BFA
8
BlackRock Fund Advisors
California
$188M +$7.75M +213,890 +4%
PP
9
Prudential plc
United Kingdom
$170M +$5.82M +160,500 +4%
Northern Trust
10
Northern Trust
Illinois
$151M +$2.05M +56,702 +1%
LSV Asset Management
11
LSV Asset Management
Illinois
$131M +$2.39M +66,000 +2%
Norges Bank
12
Norges Bank
Norway
$124M -$30.7M -847,526 -20%
Prudential Financial
13
Prudential Financial
New Jersey
$123M -$11.5M -316,055 -9%
Millennium Management
14
Millennium Management
New York
$118M +$47.2M +1,302,786 +69%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$115M +$15.9M +438,217 +16%
SV
16
Starboard Value
New York
$112M +$23.6M +650,000 +28%
CS
17
Credit Suisse
Switzerland
$105M +$80.1M +2,209,486 +346%
Goldman Sachs
18
Goldman Sachs
New York
$105M -$58.2M -1,604,603 -36%
BG
19
BlackRock Group
United Kingdom
$102M -$1.79M -49,365 -2%
BGIM
20
Brandywine Global Investment Management
Pennsylvania
$95.4M +$6.09M +167,962 +7%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$95M +$22.6M +624,281 +32%
DCM
22
Discovery Capital Management
Connecticut
$94.3M +$92.2M +2,543,850 New
SC
23
Sasco Capital
Connecticut
$91.3M +$520K +14,350 +0.6%
Allianz Asset Management
24
Allianz Asset Management
Germany
$87.5M -$4.7M -129,569 -5%
Deutsche Bank
25
Deutsche Bank
Germany
$82.1M -$61.4M -1,695,316 -43%

M Hedge Fund Activity: Q3 2016 in Review

638 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q3 2016, worth a combined $9.76B — up 11% from $8.78B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new M positions and 72 closed out — a net gain of 19 holders — while 224 added to existing stakes and 245 trimmed.

The largest buyer was Vanguard Group, adding an estimated $186M. The largest seller was Franklin Resources, cutting an estimated $383M.

  • 638 institutional investors held Macy's (M) as of Q3 2016, up from 624 in Q2 2016.
  • Funds reported $9.76B of Macy's stock for Q3 2016, up 11% quarter-over-quarter.
  • 91 funds opened new Macy's positions in Q3 2016 and 72 closed out, a net change of +19 holders.
  • The largest Macy's buyer in Q3 2016 was Vanguard Group, an estimated $186M added.
  • The largest Macy's seller in Q3 2016 was Franklin Resources, an estimated $383M sold.

Based on aggregated 13F filings for Q3 2016.