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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
JAFL
826
Jay A. Fishman Ltd
Michigan
$297K +$16.1K +236 +5%
FMLI
827
Fukoku Mutual Life Insurance
Japan
$294K
GLRA
828
Gerald L. Ray & Associates
Texas
$294K +$3.4K +50 +1%
PAS
829
Partnervest Advisory Services
California
$294K +$95.3K +1,400 +44%
SA
830
Strategic Advisors
New York
$291K
CC
831
Colrain Capital
Massachusetts
$288K -$34K -500 -10%
NSIM
832
North Star Investment Management
Illinois
$283K +$25.5K +375 +9%
DT
833
Diversified Trust
Tennessee
$283K +$34K +500 +13%
ST
834
Sentinel Trust
Texas
$282K +$299K +4,396 New
IA
835
Icon Advisers
Colorado
$282K +$300K +4,400 New
HIC
836
Harvey Investment Company
Kentucky
$281K
PP
837
Prudential plc
United Kingdom
$279K
MBE
838
Michael B. Elefante
$278K +$296K +4,350 New
MS
839
Madison Scottsdale
Arizona
$275K -$86.8K -1,275 -23%
RG
840
Rathbones Group
United Kingdom
$275K
WJA
841
Williams Jones & Associates
New York
$268K -$115K -1,686 -29%
FSA
842
Franklin Street Advisors
North Carolina
$268K
BJL
843
Brighton Jones LLC
Washington
$262K +$279K +4,096 New
Rafferty Asset Management
844
Rafferty Asset Management
New York
$256K +$272K +3,997 New
SBWM
845
Sunflower Bank Wealth Management
Arizona
$255K
HC
846
Hourglass Capital
Texas
$251K
Fuller & Thaler Asset Management
847
Fuller & Thaler Asset Management
California
$250K -$456K -6,700 -63%
BO
848
Bank OZK
Arkansas
$246K +$262K +3,844 New
HCM
849
Harvest Capital Management
New Hampshire
$241K +$256K +3,760 New
RCA
850
Rex Capital Advisors
Rhode Island
$238K

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.