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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
Stifel Financial
76
Stifel Financial
Missouri
$49.3M -$51.5M -827,058 -48%
State Board of Administration of Florida Retirement System
77
State Board of Administration of Florida Retirement System
Florida
$47.8M -$258K -4,139 -0.5%
TA
78
Teachers Advisors
New York
$46.4M -$1.26M -20,277 -2%
Asset Management One
79
Asset Management One
Japan
$46.3M -$8.05M -129,419 -13%
Russell Investments Group
80
Russell Investments Group
United Kingdom
$45.6M -$27M -433,903 -34%
Barclays
81
Barclays
United Kingdom
$45.3M +$2.29M +36,746 +5%
Principal Financial Group
82
Principal Financial Group
Iowa
$44.9M -$59.6M -957,446 -54%
First Trust Advisors
83
First Trust Advisors
Illinois
$44.4M +$12.6M +203,248 +34%
PI
84
PGGM Investments
Netherlands
$43.5M -$3.11M -49,988 -6%
BG
85
Bahl & Gaynor
Ohio
$42.9M -$54.3M -871,901 -53%
O
86
OppenheimerFunds
New York
$41.8M +$27.9M +447,859 +145%
BCM
87
Bridgeway Capital Management
Texas
$41.8M +$6.67M +107,250 +17%
GLA
88
Great Lakes Advisors
Illinois
$41.7M +$712K +11,440 +2%
RFC
89
Regions Financial Corp
Alabama
$39.2M +$777K +12,493 +2%
HI
90
Honeywell International
North Carolina
$36.7M +$12.8M +205,700 +45%
HCM
91
Highbridge Capital Management
New York
$36.3M +$31.9M +512,566 +354%
GAM
92
Gotham Asset Management
New York
$35.8M -$6.69M -107,550 -14%
State of Wisconsin Investment Board
93
State of Wisconsin Investment Board
Wisconsin
$35.8M +$2.34M +37,549 +6%
USAA
94
United Services Automobile Association
Texas
$34.1M -$7.29M -117,146 -16%
Credit Agricole
95
Credit Agricole
France
$33.7M -$6.6M -106,102 -15%
SDIC
96
South Dakota Investment Council
South Dakota
$33.2M +$2.47M +39,620 +7%
Manulife (Manufacturers Life Insurance)
97
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$32.6M +$762K +12,242 +2%
BNP Paribas Financial Markets
98
BNP Paribas Financial Markets
France
$31.9M +$25.5M +409,834 +244%
PAM
99
Panagora Asset Management
Massachusetts
$30.5M -$38.6M -620,909 -53%
JMPWA
100
JP Morgan Private Wealth Advisors
California
$30.3M -$1.72M -27,591 -5%

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.