Macy's
349 hedge funds and large institutions have $1.48B invested in Macy's in 2020 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 90 increasing their positions, 129 reducing their positions, and 76 closing their positions.
2.16% less ownership
Funds ownership: 85.62% → 83.46% (-2.2%)
7% less funds holding
Funds holding: 377 → 349 (-28)
19% less capital invested
Capital invested by funds: $1.82B → $1.48B (-$345M)
30% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 129
34% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 76
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less call options, than puts
Call options by funds: $69.8M | Put options by funds: $146M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$39.1M |
| 2 |
Millennium Management
New York
|
+$33.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$14.6M |
| 5 |
YAM
Yacktman Asset Management
Austin,
Texas
|
+$7.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$41M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$17.6M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$15.8M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$12.2M |
| 5 |
Bank of New York Mellon
New York
|
-$11.8M |
M Hedge Fund Activity: Q3 2020 in Review
349 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q3 2020, worth a combined $1.48B — down 19% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of M and 50 opened new positions — a net loss of 26 holders — while 129 trimmed existing stakes and 90 added.
The largest buyer was BlackRock, adding an estimated $39.1M. The largest seller was Vanguard Group, cutting an estimated $41M.
- 349 institutional investors held Macy's (M) as of Q3 2020, down from 377 in Q2 2020.
- Funds reported $1.48B of Macy's stock for Q3 2020, down 19% quarter-over-quarter.
- 50 funds opened new Macy's positions in Q3 2020 and 76 closed out, a net change of -26 holders.
- The largest Macy's buyer in Q3 2020 was BlackRock, an estimated $39.1M added.
- The largest Macy's seller in Q3 2020 was Vanguard Group, an estimated $41M sold.
Based on aggregated 13F filings for Q3 2020.