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626 hedge funds and large institutions have $8.4B invested in Macy's in 2018 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 201 increasing their positions, 231 reducing their positions, and 106 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.6% less ownership

Funds ownership: 92.77%92.17% (-0.6%)

3% less funds holding

Funds holding: 644626 (-18)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

11% less first-time investments, than exits

New positions opened: 94 | Existing positions closed: 106

13% less repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 231

15% less capital invested

Capital invested by funds: $9.89B → $8.4B (-$1.49B)

54% less call options, than puts

Call options by funds: $312M | Put options by funds: $676M

Holders
626
Holders Change
-18
Holders Change %
-2.8%
% of All Funds
13.95%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.25%
New
94
Increased
201
Reduced
231
Closed
106
Calls
$312M
Puts
$676M
Net Calls
-$364M
Net Calls Change
+$172M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.1B +$62.3M +1,893,139 +5%
BlackRock
2
BlackRock
New York
$892M +$46.7M +1,419,975 +5%
AQR Capital Management
3
AQR Capital Management
Connecticut
$513M +$173M +5,254,484 +44%
State Street
4
State Street
Massachusetts
$471M +$10.6M +321,512 +2%
AIG
5
American International Group
New York
$358M -$181M -5,501,828 -31%
Goldman Sachs
6
Goldman Sachs
New York
$241M +$74.6M +2,265,537 +39%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$207M -$1.44M -43,717 -0.6%
Skandinaviska Enskilda Banken (SEB)
8
Skandinaviska Enskilda Banken (SEB)
Sweden
$203M +$62.9M +1,910,767 +39%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$187M -$45.3M -1,376,962 -18%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$153M +$11.7M +355,028 +7%
Northern Trust
11
Northern Trust
Illinois
$151M +$16.7M +507,877 +11%
LSV Asset Management
12
LSV Asset Management
Illinois
$131M -$3.75M -113,853 -3%
Invesco
13
Invesco
Georgia
$127M -$37.9M -1,152,132 -21%
Prudential Financial
14
Prudential Financial
New Jersey
$111M -$8.09M -245,816 -6%
Wells Fargo
15
Wells Fargo
California
$108M -$10.2M -310,753 -8%
Two Sigma Advisers
16
Two Sigma Advisers
New York
$108M -$13.3M -405,100 -10%
Robeco Institutional Asset Management
17
Robeco Institutional Asset Management
Netherlands
$107M -$6M -182,170 -5%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$102M -$88M -2,672,324 -44%
TCIM
19
TIAA CREF Investment Management
New York
$101M +$26.6M +808,178 +31%
Norges Bank
20
Norges Bank
Norway
$96.8M +$5.1M +154,942 +5%
Allianz Asset Management
21
Allianz Asset Management
Germany
$90.4M +$10.3M +313,266 +12%
PP
22
Prudential plc
United Kingdom
$89.5M -$2.83M -86,061 -3%
Charles Schwab
23
Charles Schwab
California
$89.2M +$2.41M +73,127 +3%
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$84.3M +$22.9M +696,283 +33%
JP Morgan Chase
25
JP Morgan Chase
New York
$77.4M -$10.5M -318,363 -11%

M Hedge Fund Activity: Q4 2018 in Review

626 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q4 2018, worth a combined $8.4B — down 15% from $9.89B a quarter earlier.

Sellers outnumbered buyers: 106 funds closed out of M and 94 opened new positions — a net loss of 12 holders — while 231 trimmed existing stakes and 201 added.

The largest buyer was AQR Capital Management, adding an estimated $173M. The largest seller was American International Group, cutting an estimated $181M.

  • 626 institutional investors held Macy's (M) as of Q4 2018, down from 644 in Q3 2018.
  • Funds reported $8.4B of Macy's stock for Q4 2018, down 15% quarter-over-quarter.
  • 94 funds opened new Macy's positions in Q4 2018 and 106 closed out, a net change of -12 holders.
  • The largest Macy's buyer in Q4 2018 was AQR Capital Management, an estimated $173M added.
  • The largest Macy's seller in Q4 2018 was American International Group, an estimated $181M sold.

Based on aggregated 13F filings for Q4 2018.