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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
MIU
701
Man Investments (UK)
United Kingdom
$695K -$263K -3,861 -26%
PP
702
Patten & Patten
Tennessee
$692K -$445K -6,540 -38%
SACTSONJ
703
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$692K
QCMC
704
Quantum Capital Management (California)
California
$691K +$31K +456 +4%
BWP
705
Baldwin Wealth Partners
Massachusetts
$689K -$80.7K -1,185 -10%
CI
706
Constellation Investments
Ohio
$685K +$27.2K +400 +4%
NCMG
707
NCM Capital Management Group
North Carolina
$683K -$1.98M -29,050 -73%
LWCFA
708
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$672K +$11.9K +175 +2%
AP
709
Advisor Partners
California
$665K +$87.3K +1,282 +14%
WB
710
WesBanco Bank
West Virginia
$664K +$140K +2,050 +25%
Envestnet Asset Management
711
Envestnet Asset Management
Illinois
$663K -$4.36K -64 -0.6%
TCOTO
712
Trust Company of the Ozarks
Missouri
$656K +$48K +705 +7%
WAM
713
Wolverine Asset Management
Illinois
$655K -$1.39M -20,400 -67%
CIA
714
Covington Investment Advisors
Pennsylvania
$648K
FCH
715
Freestone Capital Holdings
Washington
$644K +$71.9K +1,056 +12%
CCT
716
Chemung Canal Trust
New York
$643K -$13.6K -200 -2%
ATC
717
Adirondack Trust Company
New York
$629K +$10.2K +150 +2%
HCM
718
Hutchinson Capital Management
California
$620K
CFS
719
Community Financial System
New York
$614K -$13.6K -200 -2%
CCMG
720
Clark Capital Management Group
Pennsylvania
$612K +$107K +1,569 +20%
AHS
721
Aspiriant Holdings S3
California
$609K +$648K +9,515 New
MJRIC
722
Mogy Joel R Investment Counsel
California
$601K
SFG
723
SNS Financial Group
Minnesota
$593K +$631K +9,270 New
CBU
724
CIBC Bank USA
Illinois
$589K -$2.18M -32,075 -78%
B
725
BancorpSouth
Mississippi
$583K -$10.8K -158 -2%

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.