Macy's
525 hedge funds and large institutions have $5.64B invested in Macy's in 2019 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 210 increasing their positions, 184 reducing their positions, and 93 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 184
4.25% less ownership
Funds ownership: 89.17% → 84.92% (-4.3%)
8% less funds holding
Funds holding: 569 → 525 (-44)
15% less capital invested
Capital invested by funds: $6.62B → $5.64B (-$977M)
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: 93
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YAM
Yacktman Asset Management
Austin,
Texas
|
+$251M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$62.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$48.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$37.4M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$222M |
| 2 |
Renaissance Technologies
New York
|
-$81.4M |
| 3 |
Two Sigma Advisers
New York
|
-$76.6M |
| 4 |
Two Sigma Investments
New York
|
-$52.7M |
| 5 |
Millennium Management
New York
|
-$42.8M |
M Hedge Fund Activity: Q2 2019 in Review
525 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q2 2019, worth a combined $5.64B — down 15% from $6.62B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of M and 60 opened new positions — a net loss of 33 holders — while 184 trimmed existing stakes and 210 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 569 in Q1 2019.
- Funds reported $5.64B of Macy's stock for Q2 2019, down 15% quarter-over-quarter.
- 60 funds opened new Macy's positions in Q2 2019 and 93 closed out, a net change of -33 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.