Macy's
424 hedge funds and large institutions have $4.45B invested in Macy's in 2024 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 137 increasing their positions, 138 reducing their positions, and 53 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
28% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 53
3% more funds holding
Funds holding: 412 → 424 (+12)
1% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 138
6.29% less ownership
Funds ownership: 87.45% → 81.16% (-6.3%)
8% less capital invested
Capital invested by funds: $4.82B → $4.45B (-$372M)
27% less call options, than puts
Call options by funds: $311M | Put options by funds: $425M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$52.9M |
| 2 |
TAL
TIG Advisors LLC
New York
|
+$51.9M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$36.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$33.1M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$31.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$251M |
| 2 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$58.9M |
| 3 |
Millennium Management
New York
|
-$55.2M |
| 4 |
Jane Street
New York
|
-$39.6M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$37.3M |
M Hedge Fund Activity: Q1 2024 in Review
424 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Macy's (M) for Q1 2024, worth a combined $4.45B — down 7.7% from $4.82B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new M positions and 53 closed out — a net gain of 15 holders — while 137 added to existing stakes and 138 trimmed.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $52.9M. The largest seller was Nomura Holdings, cutting an estimated $251M.
- 424 institutional investors held Macy's (M) as of Q1 2024, up from 412 in Q4 2023.
- Funds reported $4.45B of Macy's stock for Q1 2024, down 7.7% quarter-over-quarter.
- 68 funds opened new Macy's positions in Q1 2024 and 53 closed out, a net change of +15 holders.
- The largest Macy's buyer in Q1 2024 was Schroder Investment Management Group, an estimated $52.9M added.
- The largest Macy's seller in Q1 2024 was Nomura Holdings, an estimated $251M sold.
Based on aggregated 13F filings for Q1 2024.