Target
1,849 hedge funds and large institutions have $70.9B invested in Target in 2020 Q4 according to their latest regulatory filings, with 294 funds opening new positions, 651 increasing their positions, 696 reducing their positions, and 80 closing their positions.
268% more first-time investments, than exits
New positions opened: 294 | Existing positions closed: 80
12% more funds holding
Funds holding: 1,655 → 1,849 (+194)
11% more capital invested
Capital invested by funds: $63.8B → $70.9B (+$7.17B)
0% less call options, than puts
Call options by funds: $1.65B | Put options by funds: $1.66B
6% less repeat investments, than reductions
Existing positions increased: 651 | Existing positions reduced: 696
1.56% less ownership
Funds ownership: 81.06% → 79.5% (-1.6%)
5% less funds holding in top 10
Funds holding in top 10: 78 → 74 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$411M |
| 2 |
DCP
D1 Capital Partners
New York
|
+$215M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$175M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$158M |
| 5 |
PCM
Palestra Capital Management
New York
|
+$119M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$340M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$335M |
| 3 |
Renaissance Technologies
New York
|
-$247M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$189M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$179M |
TGT Hedge Fund Activity: Q4 2020 in Review
1,849 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q4 2020, worth a combined $70.9B — up 11% from $63.8B a quarter earlier.
Buyers outnumbered sellers: 294 funds opened new TGT positions and 80 closed out — a net gain of 214 holders — while 651 added to existing stakes and 696 trimmed.
The largest buyer was BlackRock, adding an estimated $411M. The largest seller was State Street, cutting an estimated $340M.
- 1,849 institutional investors held Target (TGT) as of Q4 2020, up from 1,655 in Q3 2020.
- Funds reported $70.9B of Target stock for Q4 2020, up 11% quarter-over-quarter.
- 294 funds opened new Target positions in Q4 2020 and 80 closed out, a net change of +214 holders.
- The largest Target buyer in Q4 2020 was BlackRock, an estimated $411M added.
- The largest Target seller in Q4 2020 was State Street, an estimated $340M sold.
Based on aggregated 13F filings for Q4 2020.