Target
1,942 hedge funds and large institutions have $61.6B invested in Target in 2023 Q1 according to their latest regulatory filings, with 179 funds opening new positions, 752 increasing their positions, 768 reducing their positions, and 137 closing their positions.
31% more first-time investments, than exits
New positions opened: 179 | Existing positions closed: 137
12% more capital invested
Capital invested by funds: $55.1B → $61.6B (+$6.51B)
11% more funds holding in top 10
Funds holding in top 10: 19 → 21 (+2)
0.78% more ownership
Funds ownership: 80.21% → 80.99% (+0.78%)
0% less funds holding
Funds holding: 1,947 → 1,942 (-5)
2% less repeat investments, than reductions
Existing positions increased: 752 | Existing positions reduced: 768
8% less call options, than puts
Call options by funds: $2B | Put options by funds: $2.18B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$709M |
| 2 |
Parnassus Investments
San Francisco,
California
|
+$341M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$255M |
| 4 |
State Street
Boston,
Massachusetts
|
+$252M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$217M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$168M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$121M |
| 3 |
Millennium Management
New York
|
-$103M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$102M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$99.9M |
TGT Hedge Fund Activity: Q1 2023 in Review
1,942 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q1 2023, worth a combined $61.6B — up 12% from $55.1B a quarter earlier.
Buyers outnumbered sellers: 179 funds opened new TGT positions and 137 closed out — a net gain of 42 holders — while 752 added to existing stakes and 768 trimmed.
The largest buyer was Capital World Investors, adding an estimated $709M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $168M sold.
- 1,942 institutional investors held Target (TGT) as of Q1 2023, down from 1,947 in Q4 2022.
- Funds reported $61.6B of Target stock for Q1 2023, up 12% quarter-over-quarter.
- 179 funds opened new Target positions in Q1 2023 and 137 closed out, a net change of +42 holders.
- The largest Target buyer in Q1 2023 was Capital World Investors, an estimated $709M added.
- The largest Target seller in Q1 2023 was Arrowstreet Capital, an estimated $168M sold.
Based on aggregated 13F filings for Q1 2023.