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1,197 hedge funds and large institutions have $33.9B invested in Target in 2018 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 366 increasing their positions, 549 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $1.18B | Put options by funds: $841M

26% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 90

8% more funds holding in top 10

Funds holding in top 10: 2628 (+2)

6% more capital invested

Capital invested by funds: $32.1B → $33.9B (+$1.87B)

1% more funds holding

Funds holding: 1,1871,197 (+10)

2.01% less ownership

Funds ownership: 85.83%83.82% (-2%)

33% less repeat investments, than reductions

Existing positions increased: 366 | Existing positions reduced: 549

Holders
1,197
Holders Change
+10
Holders Change %
+0.84%
% of All Funds
27.4%
Holding in Top 10
28
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+7.69%
% of All Funds
0.64%
New
113
Increased
366
Reduced
549
Closed
90
Calls
$1.18B
Puts
$841M
Net Calls
+$335M
Net Calls Change
+$477M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
76
T. Rowe Price Associates
Maryland
$71.4M +$603K +8,190 +0.9%
H
77
Hexavest
Quebec, Canada
$71.2M -$14.9M -202,514 -18%
Prudential Financial
78
Prudential Financial
New Jersey
$70.5M -$7.58M -103,020 -10%
New York State Teachers Retirement System (NYSTRS)
79
New York State Teachers Retirement System (NYSTRS)
New York
$70.1M -$2.13M -28,940 -3%
GT
80
Glenmede Trust
Pennsylvania
$68.8M +$411K +5,587 +0.6%
Aberdeen Group
81
Aberdeen Group
United Kingdom
$67.2M -$7.63M -103,718 -11%
Asset Management One
82
Asset Management One
Japan
$63.4M +$201K +2,732 +0.3%
MHI
83
Miller Howard Investments
New York
$62.2M -$27.6M -375,264 -31%
First Trust Advisors
84
First Trust Advisors
Illinois
$61.7M -$12.7M -172,486 -18%
State Board of Administration of Florida Retirement System
85
State Board of Administration of Florida Retirement System
Florida
$60.4M +$1.03M +13,980 +2%
BGIM
86
Brandywine Global Investment Management
Pennsylvania
$57.1M -$1.27M -17,220 -2%
Wellington Management Group
87
Wellington Management Group
Massachusetts
$55.5M -$465K -6,314 -0.9%
PNC Financial Services Group
88
PNC Financial Services Group
Pennsylvania
$53M -$706K -9,587 -1%
Millennium Management
89
Millennium Management
New York
$52.9M +$41.2M +559,220 +412%
WRF
90
Waddell & Reed Financial
Kansas
$52.3M +$810K +11,010 +2%
Adage Capital Partners
91
Adage Capital Partners
Massachusetts
$51.8M +$27.8M +378,163 +125%
HSBC Holdings
92
HSBC Holdings
United Kingdom
$50.3M -$7.12M -96,705 -13%
AA
93
ALPS Advisors
Colorado
$47.6M -$6.31M -85,761 -12%
GLA
94
Great Lakes Advisors
Illinois
$47.3M -$5.88M -79,867 -11%
CI
95
Conning Inc
Connecticut
$46.4M +$12.4M +169,033 +38%
TC
96
Tyvor Capital
Illinois
$46.4M +$44.9M +609,710 New
Chevy Chase Trust
97
Chevy Chase Trust
Maryland
$44.6M -$1.33M -18,104 -3%
National Pension Service
98
National Pension Service
South Korea
$44.3M +$2.94M +39,940 +7%
M&T Bank
99
M&T Bank
New York
$43.6M -$106K -1,439 -0.3%
SLAM
100
Swiss Life Asset Management
$43.5M +$13.6M +184,541 +48%

TGT Hedge Fund Activity: Q2 2018 in Review

1,197 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q2 2018, worth a combined $33.9B — up 5.8% from $32.1B a quarter earlier.

Buyers outnumbered sellers: 113 funds opened new TGT positions and 90 closed out — a net gain of 23 holders — while 366 added to existing stakes and 549 trimmed.

The largest buyer was BlackRock, adding an estimated $159M. The largest seller was Ameriprise, cutting an estimated $339M.

  • 1,197 institutional investors held Target (TGT) as of Q2 2018, up from 1,187 in Q1 2018.
  • Funds reported $33.9B of Target stock for Q2 2018, up 5.8% quarter-over-quarter.
  • 113 funds opened new Target positions in Q2 2018 and 90 closed out, a net change of +23 holders.
  • The largest Target buyer in Q2 2018 was BlackRock, an estimated $159M added.
  • The largest Target seller in Q2 2018 was Ameriprise, an estimated $339M sold.

Based on aggregated 13F filings for Q2 2018.