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1,067 hedge funds and large institutions have $25.4B invested in Target in 2017 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 385 increasing their positions, 486 reducing their positions, and 208 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.78% less ownership

Funds ownership: 86.23%83.45% (-2.8%)

10% less funds holding

Funds holding: 1,1861,067 (-119)

21% less repeat investments, than reductions

Existing positions increased: 385 | Existing positions reduced: 486

27% less capital invested

Capital invested by funds: $34.9B → $25.4B (-$9.51B)

30% less call options, than puts

Call options by funds: $539M | Put options by funds: $776M

51% less first-time investments, than exits

New positions opened: 102 | Existing positions closed: 208

77% less funds holding in top 10

Funds holding in top 10: 225 (-17)

Holders
1,067
Holders Change
-119
Holders Change %
-10.03%
% of All Funds
26.56%
Holding in Top 10
5
Holding in Top 10 Change
-17
Holding in Top 10 Change %
-77.27%
% of All Funds
0.12%
New
102
Increased
385
Reduced
486
Closed
208
Calls
$539M
Puts
$776M
Net Calls
-$236M
Net Calls Change
-$309M
Name Holding Trade Value Shares
Change
Change in
Stake
GCP
701
GSA Capital Partners
United Kingdom
$550K -$1.81M -29,052 -74%
NFG
702
Next Financial Group
Texas
$550K +$295K +4,741 +93%
BRWA
703
B. Riley Wealth Advisors
Florida
$542K +$389K +6,253 +176%
IAMOG
704
Investors Asset Management of Georgia
Georgia
$539K +$4.98K +80 +0.8%
CIA
705
Capital Investment Advisors
Georgia
$537K -$96.1K -1,544 -14%
FWM
706
Frontier Wealth Management
Missouri
$537K +$42.1K +676 +7%
First Manhattan
707
First Manhattan
New York
$527K -$1.08M -17,345 -64%
NCM
708
Northside Capital Management
Oregon
$527K +$595K +9,556 New
AF
709
Affiance Financial
Minnesota
$525K -$16.3K -262 -3%
RCM
710
Radnor Capital Management
Pennsylvania
$521K -$58.2K -935 -9%
SS
711
Sunbelt Securities
Texas
$520K -$311 -5 -0.1%
CCM
712
Chickasaw Capital Management
Tennessee
$519K +$243K +3,900 +71%
GLRA
713
Gerald L. Ray & Associates
Texas
$516K -$65.3K -1,050 -10%
BFG
714
Beacon Financial Group
Texas
$516K -$11.9K -191 -2%
DDC
715
Daniel Devine & Co
Florida
$508K -$529K -8,500 -48%
PCM
716
Parsons Capital Management
Rhode Island
$494K -$538K -8,647 -49%
AFP
717
Ausdal Financial Partners
Iowa
$492K +$1.05M +16,878 +406%
MGIA
718
Moneta Group Investment Advisors
Missouri
$488K +$12.4K +200 +2%
CCM
719
Compton Capital Management
Rhode Island
$487K +$1.99K +32 +0.4%
GAM
720
Gould Asset Management
California
$481K +$27.2K +437 +5%
RIA
721
Regal Investment Advisors
Michigan
$474K +$167K +2,680 +45%
OC
722
Oarsman Capital
Wisconsin
$471K +$6.22K +100 +1%
DW
723
Domani Wealth
Pennsylvania
$470K
WT
724
Washington Trust
Rhode Island
$469K -$107K -1,720 -17%
JWA
725
JFS Wealth Advisors
Pennsylvania
$465K

TGT Hedge Fund Activity: Q1 2017 in Review

1,067 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q1 2017, worth a combined $25.4B — down 27% from $34.9B a quarter earlier.

Sellers outnumbered buyers: 208 funds closed out of TGT and 102 opened new positions — a net loss of 106 holders — while 486 trimmed existing stakes and 385 added.

The largest buyer was BlackRock, adding an estimated $2.79B. The largest seller was Magellan Asset Management, cutting an estimated $593M.

  • 1,067 institutional investors held Target (TGT) as of Q1 2017, down from 1,186 in Q4 2016.
  • Funds reported $25.4B of Target stock for Q1 2017, down 27% quarter-over-quarter.
  • 102 funds opened new Target positions in Q1 2017 and 208 closed out, a net change of -106 holders.
  • The largest Target buyer in Q1 2017 was BlackRock, an estimated $2.79B added.
  • The largest Target seller in Q1 2017 was Magellan Asset Management, an estimated $593M sold.

Based on aggregated 13F filings for Q1 2017.