Macy's
390 hedge funds and large institutions have $6.37B invested in Macy's in 2021 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 107 increasing their positions, 145 reducing their positions, and 39 closing their positions.
79% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 39
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
26% more capital invested
Capital invested by funds: $5.07B → $6.37B (+$1.3B)
8% more funds holding
Funds holding: 362 → 390 (+28)
5.2% more ownership
Funds ownership: 85.72% → 90.93% (+5.2%)
17% less call options, than puts
Call options by funds: $437M | Put options by funds: $524M
26% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 145
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
+$92.5M |
| 2 |
Goldman Sachs
New York
|
+$92.4M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$73.7M |
| 4 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
+$67.8M |
| 5 |
D.E. Shaw & Co
New York
|
+$66.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$71.3M |
| 2 |
YAM
Yacktman Asset Management
Austin,
Texas
|
-$54.1M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$47.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$45.3M |
| 5 |
N
Natixis
Paris,
France
|
-$40M |
M Hedge Fund Activity: Q3 2021 in Review
390 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q3 2021, worth a combined $6.37B — up 26% from $5.07B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new M positions and 39 closed out — a net gain of 31 holders — while 107 added to existing stakes and 145 trimmed.
The largest buyer was Jana Partners, opening a new position worth an estimated $92.5M. The largest seller was Parametric Portfolio Associates, cutting an estimated $71.3M.
- 390 institutional investors held Macy's (M) as of Q3 2021, up from 362 in Q2 2021.
- Funds reported $6.37B of Macy's stock for Q3 2021, up 26% quarter-over-quarter.
- 70 funds opened new Macy's positions in Q3 2021 and 39 closed out, a net change of +31 holders.
- The largest Macy's buyer in Q3 2021 was Jana Partners, an estimated $92.5M added.
- The largest Macy's seller in Q3 2021 was Parametric Portfolio Associates, an estimated $71.3M sold.
Based on aggregated 13F filings for Q3 2021.