Target
1,935 hedge funds and large institutions have $78.6B invested in Target in 2021 Q1 according to their latest regulatory filings, with 208 funds opening new positions, 713 increasing their positions, 777 reducing their positions, and 100 closing their positions.
108% more first-time investments, than exits
New positions opened: 208 | Existing positions closed: 100
33% more call options, than puts
Call options by funds: $1.86B | Put options by funds: $1.4B
11% more capital invested
Capital invested by funds: $70.9B → $78.6B (+$7.61B)
9% more funds holding in top 10
Funds holding in top 10: 74 → 81 (+7)
5% more funds holding
Funds holding: 1,848 → 1,935 (+87)
0.25% more ownership
Funds ownership: 79.5% → 79.75% (+0.25%)
8% less repeat investments, than reductions
Existing positions increased: 713 | Existing positions reduced: 777
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$794M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$748M |
| 3 |
BlackRock
New York
|
+$306M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$267M |
| 5 |
SC
Samlyn Capital
New York
|
+$192M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
D1 Capital Partners
New York
|
-$635M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$340M |
| 3 |
Renaissance Technologies
New York
|
-$329M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$241M |
| 5 |
Two Sigma Advisers
New York
|
-$222M |
TGT Hedge Fund Activity: Q1 2021 in Review
1,935 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q1 2021, worth a combined $78.6B — up 11% from $70.9B a quarter earlier.
Buyers outnumbered sellers: 208 funds opened new TGT positions and 100 closed out — a net gain of 108 holders — while 713 added to existing stakes and 777 trimmed.
The largest buyer was Jennison Associates, adding an estimated $794M. The largest seller was D1 Capital Partners, exiting entirely with an estimated $635M sold.
- 1,935 institutional investors held Target (TGT) as of Q1 2021, up from 1,848 in Q4 2020.
- Funds reported $78.6B of Target stock for Q1 2021, up 11% quarter-over-quarter.
- 208 funds opened new Target positions in Q1 2021 and 100 closed out, a net change of +108 holders.
- The largest Target buyer in Q1 2021 was Jennison Associates, an estimated $794M added.
- The largest Target seller in Q1 2021 was D1 Capital Partners, an estimated $635M sold.
Based on aggregated 13F filings for Q1 2021.