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967 hedge funds and large institutions have $34.8B invested in Target in 2013 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 387 increasing their positions, 360 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.93% more ownership

Funds ownership: 83.55%85.48% (+1.9%)

8% more repeat investments, than reductions

Existing positions increased: 387 | Existing positions reduced: 360

5% less first-time investments, than exits

New positions opened: 84 | Existing positions closed: 88

1% less funds holding

Funds holding: 980967 (-13)

6% less capital invested

Capital invested by funds: $36.8B → $34.8B (-$2.03B)

31% less funds holding in top 10

Funds holding in top 10: 4229 (-13)

38% less call options, than puts

Call options by funds: $298M | Put options by funds: $482M

Holders
967
Holders Change
-13
Holders Change %
-1.33%
% of All Funds
31.35%
Holding in Top 10
29
Holding in Top 10 Change
-13
Holding in Top 10 Change %
-30.95%
% of All Funds
0.94%
New
84
Increased
387
Reduced
360
Closed
88
Calls
$298M
Puts
$482M
Net Calls
-$184M
Net Calls Change
+$90.8M
Name Holding Trade Value Shares
Change
Change in
Stake
IT
301
Investors Trust
Texas
$6.99M -$2.39M -35,114 -24%
ACM
302
Azimuth Capital Management
Michigan
$6.98M +$1.32M +19,439 +22%
BC
303
Bartlett & Co
Ohio
$6.96M -$887K -13,029 -11%
PNC
304
Park National Corp
Ohio
$6.86M +$4.15K +61 +0.1%
TRSOTSOK
305
Teachers Retirement System of the State of Kentucky
Kentucky
$6.85M -$2.78M -40,900 -28%
GHA
306
GW Henssler & Associates
Georgia
$6.79M -$213K -3,124 -3%
ICM
307
ICC Capital Management
Florida
$6.76M -$184K -2,700 -2%
AIP
308
ARS Investment Partners
New York
$6.67M -$3.65M -53,599 -34%
Robeco Institutional Asset Management
309
Robeco Institutional Asset Management
Netherlands
$6.66M +$32.4K +476 +0.5%
AI
310
Ariel Investments
Illinois
$6.57M
MHC
311
Meyer Handelman Company
New York
$6.52M
GAM
312
Griffin Asset Management
New York
$6.5M +$582K +8,545 +9%
BUB
313
BBVA USA Bancshares
Texas
$6.48M +$80.7K +1,185 +1%
FLII
314
First Long Island Investors
New York
$6.45M +$6.86M +100,835 New
CIBC Asset Management
315
CIBC Asset Management
Ontario, Canada
$6.44M +$15.9K +233 +0.2%
JG
316
Jefferies Group
New York
$6.44M +$6.1M +89,646 +816%
TA
317
Tiptree Advisors
New York
$6.4M
LIM
318
Lathrop Investment Management
Arkansas
$6.39M +$462K +6,789 +7%
KFC
319
Klingenstein Fields & Co
New York
$6.22M -$455K -6,680 -6%
MWR
320
McAdams Wright Ragen
Washington
$6.18M +$6.57M +96,547 New
CAG
321
Crestwood Advisors Group
Massachusetts
$6.12M +$6.51M +95,693 New
MCM
322
McRae Capital Management
New Jersey
$6.1M -$8.51K -125 -0.1%
DILH
323
Dai-ichi Life Holdings
Japan
$6.08M -$768K -11,279 -11%
LRPA
324
L. Roy Papp & Associates
Arizona
$6.03M -$9.94K -146 -0.2%
BF
325
BOK Financial
Oklahoma
$6.02M +$47.5K +698 +0.7%

TGT Hedge Fund Activity: Q3 2013 in Review

967 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q3 2013, worth a combined $34.8B — down 5.5% from $36.8B a quarter earlier.

Sellers outnumbered buyers: 88 funds closed out of TGT and 84 opened new positions — a net loss of 4 holders — while 360 trimmed existing stakes and 387 added.

The largest buyer was Magellan Asset Management, opening a new position worth an estimated $563M. The largest seller was Artisan Partners, exiting entirely with an estimated $236M sold.

  • 967 institutional investors held Target (TGT) as of Q3 2013, down from 980 in Q2 2013.
  • Funds reported $34.8B of Target stock for Q3 2013, down 5.5% quarter-over-quarter.
  • 84 funds opened new Target positions in Q3 2013 and 88 closed out, a net change of -4 holders.
  • The largest Target buyer in Q3 2013 was Magellan Asset Management, an estimated $563M added.
  • The largest Target seller in Q3 2013 was Artisan Partners, an estimated $236M sold.

Based on aggregated 13F filings for Q3 2013.