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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
EWM
1001
Edge Wealth Management
New York
$28K -$1.12K -18 -3%
FAM
1002
Fred Alger Management
New York
$27K -$2.37K -38 -7%
IP
1003
Intellectus Partners
California
$24K -$6.66K -107 -20%
DAM
1004
Delta Asset Management
Tennessee
$24K
FMTCOCP
1005
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$23.5K +$1.56K +25 +6%
LWM
1006
Lenox Wealth Management
Ohio
$23K
PCTC
1007
Perkins Coie Trust Company
Washington
$23K
BWM
1008
Baystate Wealth Management
Massachusetts
$22K -$62 -1 -0.2%
VCM
1009
Vigilant Capital Management
Maine
$22K
MRCM
1010
M&R Capital Management
New Jersey
$21K -$21.4K -344 -47%
CJA
1011
C-J Advisory
California
$21K -$1.06K -17 -4%
AF
1012
Arrow Financial
New York
$20K -$5.29K -85 -19%
NCM
1013
Nelson Capital Management
California
$19K +$21.8K +350 New
TRCT
1014
Tower Research Capital (TRC)
New York
$18K -$670K -10,766 -97%
GWS
1015
Glassman Wealth Services
Virginia
$18K -$1.43K -23 -7%
GBT
1016
Grove Bank & Trust
Florida
$18K
BAM
1017
Barrett Asset Management
New York
$17K -$43.6K -700 -70%
SP
1018
Symmetry Partners
Connecticut
$17K +$18.6K +299 New
GEA
1019
Glen Eagle Advisors
New Jersey
$16K -$6.22K -100 -26%
TFA
1020
Transamerica Financial Advisors
Florida
$16K -$6.92M -111,215 -100%
AOWM
1021
Alpha Omega Wealth Management
Virginia
$16K
CHP
1022
Cable Hill Partners
Oregon
$16K
MFW
1023
Mosaic Family Wealth
Missouri
$16K
MUS
1024
Mitsubishi UFJ Securities
Japan
$14K -$70.9K -1,140 -82%
CBT
1025
Central Bank & Trust
Kentucky
$14K

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.