Target
1,533 hedge funds and large institutions have $52.7B invested in Target in 2019 Q4 according to their latest regulatory filings, with 247 funds opening new positions, 473 increasing their positions, 636 reducing their positions, and 73 closing their positions.
238% more first-time investments, than exits
New positions opened: 247 | Existing positions closed: 73
25% more capital invested
Capital invested by funds: $42.2B → $52.7B (+$10.5B)
14% more funds holding in top 10
Funds holding in top 10: 58 → 66 (+8)
11% more funds holding
Funds holding: 1,377 → 1,533 (+156)
3.76% more ownership
Funds ownership: 77.47% → 81.23% (+3.8%)
22% less call options, than puts
Call options by funds: $1.45B | Put options by funds: $1.87B
26% less repeat investments, than reductions
Existing positions increased: 473 | Existing positions reduced: 636
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$1.89B |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$430M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$223M |
| 4 |
Renaissance Technologies
New York
|
+$178M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$138M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$284M |
| 2 |
Bank of New York Mellon
New York
|
-$194M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$178M |
| 4 |
State Street
Boston,
Massachusetts
|
-$172M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$170M |
TGT Hedge Fund Activity: Q4 2019 in Review
1,533 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q4 2019, worth a combined $52.7B — up 25% from $42.2B a quarter earlier.
Buyers outnumbered sellers: 247 funds opened new TGT positions and 73 closed out — a net gain of 174 holders — while 473 added to existing stakes and 636 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $1.89B. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $284M.
- 1,533 institutional investors held Target (TGT) as of Q4 2019, up from 1,377 in Q3 2019.
- Funds reported $52.7B of Target stock for Q4 2019, up 25% quarter-over-quarter.
- 247 funds opened new Target positions in Q4 2019 and 73 closed out, a net change of +174 holders.
- The largest Target buyer in Q4 2019 was Capital World Investors, an estimated $1.89B added.
- The largest Target seller in Q4 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $284M sold.
Based on aggregated 13F filings for Q4 2019.