Macy's
383 hedge funds and large institutions have $2.59B invested in Macy's in 2023 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 124 increasing their positions, 127 reducing their positions, and 66 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
12% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 66
2% more funds holding
Funds holding: 376 → 383 (+7)
2% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 127
10% less call options, than puts
Call options by funds: $170M | Put options by funds: $188M
1.95% less ownership
Funds ownership: 83.35% → 81.4% (-1.9%)
29% less capital invested
Capital invested by funds: $3.65B → $2.59B (-$1.06B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$67.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$28.2M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$26.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$152M |
| 2 |
Holocene Advisors
New York
|
-$66.8M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$39.1M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$33.6M |
| 5 |
JCM
Junto Capital Management
New York
|
-$25.8M |
M Hedge Fund Activity: Q3 2023 in Review
383 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q3 2023, worth a combined $2.59B — down 29% from $3.65B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new M positions and 66 closed out — a net gain of 8 holders — while 124 added to existing stakes and 127 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $67.5M. The largest seller was Point72 Asset Management, exiting entirely with an estimated $152M sold.
- 383 institutional investors held Macy's (M) as of Q3 2023, up from 376 in Q2 2023.
- Funds reported $2.59B of Macy's stock for Q3 2023, down 29% quarter-over-quarter.
- 74 funds opened new Macy's positions in Q3 2023 and 66 closed out, a net change of +8 holders.
- The largest Macy's buyer in Q3 2023 was Balyasny Asset Management, an estimated $67.5M added.
- The largest Macy's seller in Q3 2023 was Point72 Asset Management, an estimated $152M sold.
Based on aggregated 13F filings for Q3 2023.