Target
1,377 hedge funds and large institutions have $42.2B invested in Target in 2019 Q3 according to their latest regulatory filings, with 159 funds opening new positions, 502 increasing their positions, 553 reducing their positions, and 67 closing their positions.
137% more first-time investments, than exits
New positions opened: 159 | Existing positions closed: 67
45% more funds holding in top 10
Funds holding in top 10: 40 → 58 (+18)
15% more capital invested
Capital invested by funds: $36.8B → $42.2B (+$5.37B)
6% more funds holding
Funds holding: 1,293 → 1,377 (+84)
9% less repeat investments, than reductions
Existing positions increased: 502 | Existing positions reduced: 553
5.43% less ownership
Funds ownership: 82.9% → 77.47% (-5.4%)
25% less call options, than puts
Call options by funds: $999M | Put options by funds: $1.33B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$226M |
| 2 |
Holocene Advisors
New York
|
+$142M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$112M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$111M |
| 5 |
Renaissance Technologies
New York
|
+$97.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$1.36B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$564M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$560M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$266M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$165M |
TGT Hedge Fund Activity: Q3 2019 in Review
1,377 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q3 2019, worth a combined $42.2B — up 15% from $36.8B a quarter earlier.
Buyers outnumbered sellers: 159 funds opened new TGT positions and 67 closed out — a net gain of 92 holders — while 502 added to existing stakes and 553 trimmed.
The largest buyer was Ameriprise, adding an estimated $226M. The largest seller was Capital World Investors, exiting entirely with an estimated $1.36B sold.
- 1,377 institutional investors held Target (TGT) as of Q3 2019, up from 1,293 in Q2 2019.
- Funds reported $42.2B of Target stock for Q3 2019, up 15% quarter-over-quarter.
- 159 funds opened new Target positions in Q3 2019 and 67 closed out, a net change of +92 holders.
- The largest Target buyer in Q3 2019 was Ameriprise, an estimated $226M added.
- The largest Target seller in Q3 2019 was Capital World Investors, an estimated $1.36B sold.
Based on aggregated 13F filings for Q3 2019.