Target
1,551 hedge funds and large institutions have $49.7B invested in Target in 2020 Q2 according to their latest regulatory filings, with 202 funds opening new positions, 587 increasing their positions, 581 reducing their positions, and 109 closing their positions.
85% more first-time investments, than exits
New positions opened: 202 | Existing positions closed: 109
29% more capital invested
Capital invested by funds: $38.4B → $49.7B (+$11.3B)
13% more funds holding in top 10
Funds holding in top 10: 47 → 53 (+6)
5% more funds holding
Funds holding: 1,472 → 1,551 (+79)
1% more repeat investments, than reductions
Existing positions increased: 587 | Existing positions reduced: 581
0.54% more ownership
Funds ownership: 82.4% → 82.95% (+0.54%)
18% less call options, than puts
Call options by funds: $909M | Put options by funds: $1.1B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$352M |
| 2 |
Two Sigma Advisers
New York
|
+$277M |
| 3 |
DCP
D1 Capital Partners
New York
|
+$249M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$233M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$207M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$604M |
| 2 |
BlackRock
New York
|
-$255M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$233M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$142M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$141M |
TGT Hedge Fund Activity: Q2 2020 in Review
1,551 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q2 2020, worth a combined $49.7B — up 29% from $38.4B a quarter earlier.
Buyers outnumbered sellers: 202 funds opened new TGT positions and 109 closed out — a net gain of 93 holders — while 587 added to existing stakes and 581 trimmed.
The largest buyer was Nordea Investment Management, adding an estimated $352M. The largest seller was Capital World Investors, cutting an estimated $604M.
- 1,551 institutional investors held Target (TGT) as of Q2 2020, up from 1,472 in Q1 2020.
- Funds reported $49.7B of Target stock for Q2 2020, up 29% quarter-over-quarter.
- 202 funds opened new Target positions in Q2 2020 and 109 closed out, a net change of +93 holders.
- The largest Target buyer in Q2 2020 was Nordea Investment Management, an estimated $352M added.
- The largest Target seller in Q2 2020 was Capital World Investors, an estimated $604M sold.
Based on aggregated 13F filings for Q2 2020.