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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
CC
526
Columbia Capital
California
$1.92M +$157K +2,303 +8%
PTC
527
Private Trust Company
Ohio
$1.9M -$123K -1,801 -6%
LMAM
528
Legg Mason Asset Management
Japan
$1.88M +$2M +29,400 New
PAM
529
Peninsula Asset Management
Florida
$1.88M -$28.3K -415 -1%
GIM
530
Goelzer Investment Management
Indiana
$1.88M -$1.87M -27,505 -48%
OPTFSNA
531
Old Point Trust & Financial Services N A
Virginia
$1.85M -$27.2K -400 -1%
PWAP
532
Private Wealth Advisors (Pennsylvania)
Pennsylvania
$1.84M +$3.4K +50 +0.2%
LI
533
Lafayette Investments
Maryland
$1.84M
FNT
534
First National Trust
Pennsylvania
$1.84M +$102K +1,505 +6%
TCOO
535
Trust Company of Oklahoma
Oklahoma
$1.83M -$26.7K -392 -1%
OA
536
Outfitter Advisors
Virginia
$1.82M +$188K +2,762 +11%
FAAS
537
First Allied Advisory Services
California
$1.8M +$799K +11,731 +71%
TNBTD
538
Trustmark National Bank Trust Department
Mississippi
$1.8M +$6.47K +95 +0.3%
KCP
539
KDI Capital Partners
North Carolina
$1.79M -$3.32M -48,800 -64%
PIM
540
Penobscot Investment Management
Massachusetts
$1.77M +$20.4K +300 +1%
JWBC
541
J.W. Burns & Co
New York
$1.76M +$205K +3,017 +12%
RC
542
Riversville Capital
Connecticut
$1.74M
NIM
543
NuWave Investment Management
New Jersey
$1.74M +$1.66M +24,422 +871%
ANBTV
544
American National Bank & Trust (Virginia)
Virginia
$1.74M +$34K +500 +2%
SAM
545
Sentinel Asset Management
Vermont
$1.72M -$1.14M -16,770 -38%
MIM
546
Miller Investment Management
Pennsylvania
$1.71M +$68.1K +1,000 +4%
TFA
547
Transamerica Financial Advisors
Florida
$1.69M +$855K +12,562 +91%
AL
548
Airain Ltd
Guernsey
$1.68M +$1.78M +26,204 New
BCM
549
Brown Capital Management
Maryland
$1.67M -$4.22K -62 -0.2%
CNC
550
Citizens & Northern Corp
Pennsylvania
$1.65M +$110K +1,610 +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.