Target
1,128 hedge funds and large institutions have $35.1B invested in Target in 2016 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 438 increasing their positions, 464 reducing their positions, and 117 closing their positions.
5% more call options, than puts
Call options by funds: $881M | Put options by funds: $843M
3% less first-time investments, than exits
New positions opened: 113 | Existing positions closed: 117
6% less repeat investments, than reductions
Existing positions increased: 438 | Existing positions reduced: 464
1% less funds holding
Funds holding: 1,141 → 1,128 (-13)
4.78% less ownership
Funds ownership: 90.01% → 85.23% (-4.8%)
18% less capital invested
Capital invested by funds: $42.9B → $35.1B (-$7.84B)
49% less funds holding in top 10
Funds holding in top 10: 39 → 20 (-19)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$127M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$115M |
| 3 |
Dodge & Cox
San Francisco,
California
|
+$100M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
+$95.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$905M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$450M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$219M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$198M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$187M |
TGT Hedge Fund Activity: Q2 2016 in Review
1,128 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q2 2016, worth a combined $35.1B — down 18% from $42.9B a quarter earlier.
Sellers outnumbered buyers: 117 funds closed out of TGT and 113 opened new positions — a net loss of 4 holders — while 464 trimmed existing stakes and 438 added.
The largest buyer was Deutsche Bank, adding an estimated $127M. The largest seller was Royal London Asset Management, cutting an estimated $905M.
- 1,128 institutional investors held Target (TGT) as of Q2 2016, down from 1,141 in Q1 2016.
- Funds reported $35.1B of Target stock for Q2 2016, down 18% quarter-over-quarter.
- 113 funds opened new Target positions in Q2 2016 and 117 closed out, a net change of -4 holders.
- The largest Target buyer in Q2 2016 was Deutsche Bank, an estimated $127M added.
- The largest Target seller in Q2 2016 was Royal London Asset Management, an estimated $905M sold.
Based on aggregated 13F filings for Q2 2016.