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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
MCM
751
McMillion Capital Management
North Carolina
$506K
NAMP
752
NorthStar Asset Management (Pennsylvania)
Pennsylvania
$502K +$534K +7,850 New
SFSIG
753
San Francisco Sentry Investment Group
California
$496K +$17K +250 +3%
CBB
754
Citizens Business Bank
California
$495K +$527K +7,737 New
GLI
755
Guardian Life Insurance
New York
$493K -$8.85K -130 -2%
BB
756
Busey Bank
Illinois
$491K +$19.8K +291 +4%
CONA
757
Capital One National Association
New York
$489K -$121K -1,776 -19%
RGC
758
Roberts, Glore & Co
Illinois
$488K -$30.6K -450 -6%
TRCT
759
Tower Research Capital (TRC)
New York
$485K +$322K +4,731 +166%
WSTAM
760
Wilbanks Smith & Thomas Asset Management
Virginia
$483K -$9.6K -141 -2%
CDH
761
Charles D. Hyman
$467K -$112K -1,650 -18%
TC
762
Telemus Capital
Michigan
$465K +$495K +7,273 New
SHA
763
Smith Hayes Advisers
Nebraska
$461K -$87.4K -1,284 -15%
TBA
764
Train Babcock Advisors
New York
$457K
SIC
765
Salem Investment Counselors
North Carolina
$454K -$1.7K -25 -0.4%
AP
766
Atwood & Palmer
Missouri
$450K -$12.7K -187 -3%
EGA
767
Eagle Global Advisors
Texas
$450K
CWM
768
Concert Wealth Management
California
$444K +$4.83K +71 +1%
SC
769
SouthState Corp
Florida
$442K +$243K +3,563 +107%
FMII
770
Farmers & Merchants Investments Inc
Nebraska
$440K -$20.4K -300 -4%
LIM
771
Leavell Investment Management
Alabama
$440K
CISOA
772
Capital Investment Services of America
Wisconsin
$434K -$9.76M -143,374 -95%
MHIC
773
Marble Harbor Investment Counsel
Massachusetts
$433K
VAS
774
Valicenti Advisory Services
New York
$433K
Loomis, Sayles & Company
775
Loomis, Sayles & Company
Massachusetts
$429K -$71.5M -1,050,637 -99%

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.