Macy's
568 hedge funds and large institutions have $6.61B invested in Macy's in 2019 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 184 increasing their positions, 230 reducing their positions, and 114 closing their positions.
3.06% less ownership
Funds ownership: 92.17% → 89.11% (-3.1%)
9% less funds holding
Funds holding: 626 → 568 (-58)
20% less repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 230
21% less capital invested
Capital invested by funds: $8.4B → $6.61B (-$1.79B)
43% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 114
53% less call options, than puts
Call options by funds: $173M | Put options by funds: $372M
55% less funds holding in top 10
Funds holding in top 10: 11 → 5 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$90.7M |
| 2 |
O
OppenheimerFunds
New York
|
+$74.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$69.2M |
| 4 |
Millennium Management
New York
|
+$47.1M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$45.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$97.2M |
| 2 |
Goldman Sachs
New York
|
-$69.4M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$66.5M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$65.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$63.5M |
M Hedge Fund Activity: Q1 2019 in Review
568 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q1 2019, worth a combined $6.61B — down 21% from $8.4B a quarter earlier.
Sellers outnumbered buyers: 114 funds closed out of M and 65 opened new positions — a net loss of 49 holders — while 230 trimmed existing stakes and 184 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $90.7M. The largest seller was Skandinaviska Enskilda Banken (SEB), cutting an estimated $97.2M.
- 568 institutional investors held Macy's (M) as of Q1 2019, down from 626 in Q4 2018.
- Funds reported $6.61B of Macy's stock for Q1 2019, down 21% quarter-over-quarter.
- 65 funds opened new Macy's positions in Q1 2019 and 114 closed out, a net change of -49 holders.
- The largest Macy's buyer in Q1 2019 was Renaissance Technologies, an estimated $90.7M added.
- The largest Macy's seller in Q1 2019 was Skandinaviska Enskilda Banken (SEB), an estimated $97.2M sold.
Based on aggregated 13F filings for Q1 2019.