Target
1,065 hedge funds and large institutions have $58.8B invested in Target in 2014 Q4 according to their latest regulatory filings, with 168 funds opening new positions, 334 increasing their positions, 445 reducing their positions, and 66 closing their positions.
155% more first-time investments, than exits
New positions opened: 168 | Existing positions closed: 66
109% more funds holding in top 10
Funds holding in top 10: 23 → 48 (+25)
69% more capital invested
Capital invested by funds: $34.9B → $58.8B (+$24B)
9% more funds holding
Funds holding: 975 → 1,065 (+90)
7% more call options, than puts
Call options by funds: $872M | Put options by funds: $815M
0.33% more ownership
Funds ownership: 87.78% → 88.11% (+0.33%)
25% less repeat investments, than reductions
Existing positions increased: 334 | Existing positions reduced: 445
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$1.25B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$140M |
| 3 |
CCI
Columbus Circle Investors
|
+$108M |
| 4 |
GE
General Electric
Evendale,
Ohio
|
+$107M |
| 5 |
Jennison Associates
New York
|
+$99.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$297M |
| 2 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$280M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$143M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$142M |
| 5 |
MAM
Magellan Asset Management
Sydney,
Australia
|
-$123M |
TGT Hedge Fund Activity: Q4 2014 in Review
1,065 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q4 2014, worth a combined $58.8B — up 69% from $34.9B a quarter earlier.
Buyers outnumbered sellers: 168 funds opened new TGT positions and 66 closed out — a net gain of 102 holders — while 334 added to existing stakes and 445 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $1.25B. The largest seller was Massachusetts Financial Services, cutting an estimated $297M.
- 1,065 institutional investors held Target (TGT) as of Q4 2014, up from 975 in Q3 2014.
- Funds reported $58.8B of Target stock for Q4 2014, up 69% quarter-over-quarter.
- 168 funds opened new Target positions in Q4 2014 and 66 closed out, a net change of +102 holders.
- The largest Target buyer in Q4 2014 was Capital World Investors, an estimated $1.25B added.
- The largest Target seller in Q4 2014 was Massachusetts Financial Services, an estimated $297M sold.
Based on aggregated 13F filings for Q4 2014.