Macy's
644 hedge funds and large institutions have $9.9B invested in Macy's in 2018 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 234 increasing their positions, 216 reducing their positions, and 68 closing their positions.
22% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 68
11% more capital inflows, than outflows
Capital inflows: $1.23B | Capital outflows: $1.11B
1% more funds holding
Funds holding: 635 → 644 (+9)
8% more repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 216
0.85% more ownership
Funds ownership: 91.92% → 92.77% (+0.85%)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
66% less call options, than puts
Call options by funds: $278M | Put options by funds: $814M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$209M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$79.4M |
| 3 |
Janus Henderson Group
London,
|
+$72.2M |
| 4 |
TIAA CREF Investment Management
New York
|
+$71.9M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$65.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Contrarius Investment Management
St. Helier,
Jersey
|
-$85.6M |
| 2 |
Bank of New York Mellon
New York
|
-$80.5M |
| 3 |
Millennium Management
New York
|
-$70M |
| 4 |
Renaissance Technologies
New York
|
-$67.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$60.7M |
M Hedge Fund Activity: Q3 2018 in Review
644 of the 4,392 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q3 2018, worth a combined $9.9B — down 6.3% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new M positions and 68 closed out — a net gain of 15 holders — while 234 added to existing stakes and 216 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $209M. The largest seller was Contrarius Investment Management, cutting an estimated $85.6M.
- 644 institutional investors held Macy's (M) as of Q3 2018, up from 635 in Q2 2018.
- Funds reported $9.9B of Macy's stock for Q3 2018, down 6.3% quarter-over-quarter.
- 83 funds opened new Macy's positions in Q3 2018 and 68 closed out, a net change of +15 holders.
- The largest Macy's buyer in Q3 2018 was AQR Capital Management, an estimated $209M added.
- The largest Macy's seller in Q3 2018 was Contrarius Investment Management, an estimated $85.6M sold.
Based on aggregated 13F filings for Q3 2018.