Target
1,233 hedge funds and large institutions have $28.4B invested in Target in 2018 Q4 according to their latest regulatory filings, with 174 funds opening new positions, 456 increasing their positions, 460 reducing their positions, and 164 closing their positions.
57% more call options, than puts
Call options by funds: $863M | Put options by funds: $551M
6% more first-time investments, than exits
New positions opened: 174 | Existing positions closed: 164
0.23% less ownership
Funds ownership: 83.52% → 83.29% (-0.23%)
0% less funds holding
Funds holding: 1,236 → 1,233 (-3)
1% less repeat investments, than reductions
Existing positions increased: 456 | Existing positions reduced: 460
27% less capital invested
Capital invested by funds: $38.7B → $28.4B (-$10.3B)
54% less funds holding in top 10
Funds holding in top 10: 41 → 19 (-22)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$361M |
| 2 |
Morgan Stanley
New York
|
+$254M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$134M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$112M |
| 5 |
BlackRock
New York
|
+$103M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$471M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$148M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$139M |
| 4 |
Holocene Advisors
New York
|
-$108M |
| 5 |
D.E. Shaw & Co
New York
|
-$103M |
TGT Hedge Fund Activity: Q4 2018 in Review
1,233 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q4 2018, worth a combined $28.4B — down 27% from $38.7B a quarter earlier.
Buyers outnumbered sellers: 174 funds opened new TGT positions and 164 closed out — a net gain of 10 holders — while 456 added to existing stakes and 460 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $361M. The largest seller was Dodge & Cox, cutting an estimated $471M.
- 1,233 institutional investors held Target (TGT) as of Q4 2018, down from 1,236 in Q3 2018.
- Funds reported $28.4B of Target stock for Q4 2018, down 27% quarter-over-quarter.
- 174 funds opened new Target positions in Q4 2018 and 164 closed out, a net change of +10 holders.
- The largest Target buyer in Q4 2018 was Boston Partners, an estimated $361M added.
- The largest Target seller in Q4 2018 was Dodge & Cox, an estimated $471M sold.
Based on aggregated 13F filings for Q4 2018.