Target
1,012 hedge funds and large institutions have $24.1B invested in Target in 2017 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 369 increasing their positions, 454 reducing their positions, and 134 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.23% more ownership
Funds ownership: 83.45% → 83.68% (+0.23%)
3% less call options, than puts
Call options by funds: $607M | Put options by funds: $623M
5% less capital invested
Capital invested by funds: $25.4B → $24.1B (-$1.3B)
5% less funds holding
Funds holding: 1,067 → 1,012 (-55)
19% less repeat investments, than reductions
Existing positions increased: 369 | Existing positions reduced: 454
33% less first-time investments, than exits
New positions opened: 90 | Existing positions closed: 134
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$497M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$246M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$235M |
| 4 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$170M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$132M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$447M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$198M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$175M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$127M |
| 5 |
Two Sigma Advisers
New York
|
-$111M |
TGT Hedge Fund Activity: Q2 2017 in Review
1,012 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q2 2017, worth a combined $24.1B — down 5.1% from $25.4B a quarter earlier.
Sellers outnumbered buyers: 134 funds closed out of TGT and 90 opened new positions — a net loss of 44 holders — while 454 trimmed existing stakes and 369 added.
The largest buyer was Dodge & Cox, adding an estimated $497M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $447M.
- 1,012 institutional investors held Target (TGT) as of Q2 2017, down from 1,067 in Q1 2017.
- Funds reported $24.1B of Target stock for Q2 2017, down 5.1% quarter-over-quarter.
- 90 funds opened new Target positions in Q2 2017 and 134 closed out, a net change of -44 holders.
- The largest Target buyer in Q2 2017 was Dodge & Cox, an estimated $497M added.
- The largest Target seller in Q2 2017 was Barrow, Hanley, Mewhinney & Strauss, an estimated $447M sold.
Based on aggregated 13F filings for Q2 2017.