Target
1,236 hedge funds and large institutions have $38.7B invested in Target in 2018 Q3 according to their latest regulatory filings, with 137 funds opening new positions, 392 increasing their positions, 520 reducing their positions, and 87 closing their positions.
71% more call options, than puts
Call options by funds: $1.28B | Put options by funds: $751M
57% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 87
46% more funds holding in top 10
Funds holding in top 10: 28 → 41 (+13)
14% more capital invested
Capital invested by funds: $33.9B → $38.7B (+$4.78B)
3% more funds holding
Funds holding: 1,198 → 1,236 (+38)
0.3% less ownership
Funds ownership: 83.82% → 83.52% (-0.3%)
25% less repeat investments, than reductions
Existing positions increased: 392 | Existing positions reduced: 520
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$465M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$212M |
| 3 |
Swedbank
Stockholm,
Sweden
|
+$187M |
| 4 |
D.E. Shaw & Co
New York
|
+$173M |
| 5 |
Goldman Sachs
New York
|
+$90.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$370M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$277M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$268M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$251M |
| 5 |
Bank of New York Mellon
New York
|
-$168M |
TGT Hedge Fund Activity: Q3 2018 in Review
1,236 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q3 2018, worth a combined $38.7B — up 14% from $33.9B a quarter earlier.
Buyers outnumbered sellers: 137 funds opened new TGT positions and 87 closed out — a net gain of 50 holders — while 392 added to existing stakes and 520 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $465M. The largest seller was Dodge & Cox, cutting an estimated $370M.
- 1,236 institutional investors held Target (TGT) as of Q3 2018, up from 1,198 in Q2 2018.
- Funds reported $38.7B of Target stock for Q3 2018, up 14% quarter-over-quarter.
- 137 funds opened new Target positions in Q3 2018 and 87 closed out, a net change of +50 holders.
- The largest Target buyer in Q3 2018 was AQR Capital Management, an estimated $465M added.
- The largest Target seller in Q3 2018 was Dodge & Cox, an estimated $370M sold.
Based on aggregated 13F filings for Q3 2018.