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525 hedge funds and large institutions have $5.63B invested in Macy's in 2019 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 211 increasing their positions, 183 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 211 | Existing positions reduced: 183

4.21% less ownership

Funds ownership: 89.11%84.9% (-4.2%)

8% less funds holding

Funds holding: 568525 (-43)

15% less capital invested

Capital invested by funds: $6.61B → $5.63B (-$980M)

25% less call options, than puts

Call options by funds: $234M | Put options by funds: $311M

35% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 92

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
525
Holders Change
-43
Holders Change %
-7.57%
% of All Funds
11.4%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.04%
New
60
Increased
211
Reduced
183
Closed
92
Calls
$234M
Puts
$311M
Net Calls
-$77.1M
Net Calls Change
+$122M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$748M -$4.89M -215,216 -0.6%
BlackRock
2
BlackRock
New York
$657M +$12.7M +558,052 +2%
State Street
3
State Street
Massachusetts
$355M -$2.12M -93,150 -0.6%
YAM
4
Yacktman Asset Management
Texas
$237M +$251M +11,056,832 New
AIG
5
American International Group
New York
$232M -$15.7M -688,999 -6%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$197M +$14.4M +632,977 +7%
CIM
7
Contrarius Investment Management
Jersey
$149M +$62.7M +2,755,414 +66%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$121M -$14M -615,575 -10%
Invesco
9
Invesco
Georgia
$120M +$48.8M +2,148,243 +62%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$107M +$3.49M +153,640 +3%
AQR Capital Management
11
AQR Capital Management
Connecticut
$106M -$222M -9,757,992 -66%
Northern Trust
12
Northern Trust
Illinois
$104M -$52.8K -2,320 -0%
Prudential Financial
13
Prudential Financial
New Jersey
$96.2M +$22.2M +974,125 +28%
Goldman Sachs
14
Goldman Sachs
New York
$96M -$19.5M -858,595 -16%
PP
15
Prudential plc
United Kingdom
$92.7M +$8.83M +388,253 +10%
LSV Asset Management
16
LSV Asset Management
Illinois
$91.9M -$1.41M -62,200 -1%
Norges Bank
17
Norges Bank
Norway
$74.8M +$5.31M +233,401 +7%
Charles Schwab
18
Charles Schwab
California
$72.8M +$3.32M +145,985 +4%
Wells Fargo
19
Wells Fargo
California
$64.9M -$10.9M -480,561 -14%
Legal & General Group
20
Legal & General Group
United Kingdom
$60.2M +$6.4M +281,345 +11%
Allianz Asset Management
21
Allianz Asset Management
Germany
$58.3M +$2.04M +89,873 +3%
UBS AM
22
UBS AM
Illinois
$53.7M +$4.97M +218,384 +10%
Deutsche Bank
23
Deutsche Bank
Germany
$52.5M -$39.7M -1,744,724 -42%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$47M +$10.3M +454,892 +26%
Skandinaviska Enskilda Banken (SEB)
25
Skandinaviska Enskilda Banken (SEB)
Sweden
$47M -$17.5M -770,962 -26%

M Hedge Fund Activity: Q2 2019 in Review

525 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q2 2019, worth a combined $5.63B — down 15% from $6.61B a quarter earlier.

Sellers outnumbered buyers: 92 funds closed out of M and 60 opened new positions — a net loss of 32 holders — while 183 trimmed existing stakes and 211 added.

The largest buyer was Yacktman Asset Management, opening a new position worth an estimated $251M. The largest seller was AQR Capital Management, cutting an estimated $222M.

  • 525 institutional investors held Macy's (M) as of Q2 2019, down from 568 in Q1 2019.
  • Funds reported $5.63B of Macy's stock for Q2 2019, down 15% quarter-over-quarter.
  • 60 funds opened new Macy's positions in Q2 2019 and 92 closed out, a net change of -32 holders.
  • The largest Macy's buyer in Q2 2019 was Yacktman Asset Management, an estimated $251M added.
  • The largest Macy's seller in Q2 2019 was AQR Capital Management, an estimated $222M sold.

Based on aggregated 13F filings for Q2 2019.