Target
1,742 hedge funds and large institutions have $40.1B invested in Target in 2023 Q3 according to their latest regulatory filings, with 140 funds opening new positions, 675 increasing their positions, 719 reducing their positions, and 206 closing their positions.
35% more call options, than puts
Call options by funds: $2.34B | Put options by funds: $1.73B
6% less repeat investments, than reductions
Existing positions increased: 675 | Existing positions reduced: 719
1.47% less ownership
Funds ownership: 79.99% → 78.52% (-1.5%)
5% less funds holding
Funds holding: 1,832 → 1,742 (-90)
18% less capital invested
Capital invested by funds: $48.7B → $40.1B (-$8.64B)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
32% less first-time investments, than exits
New positions opened: 140 | Existing positions closed: 206
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$238M |
| 2 |
ClearBridge Investments
New York
|
+$215M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$180M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$157M |
| 5 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$132M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$667M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$458M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$399M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$259M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$223M |
TGT Hedge Fund Activity: Q3 2023 in Review
1,742 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q3 2023, worth a combined $40.1B — down 18% from $48.7B a quarter earlier.
Sellers outnumbered buyers: 206 funds closed out of TGT and 140 opened new positions — a net loss of 66 holders — while 719 trimmed existing stakes and 675 added.
The largest buyer was Citadel Advisors, adding an estimated $238M. The largest seller was Parnassus Investments, exiting entirely with an estimated $667M sold.
- 1,742 institutional investors held Target (TGT) as of Q3 2023, down from 1,832 in Q2 2023.
- Funds reported $40.1B of Target stock for Q3 2023, down 18% quarter-over-quarter.
- 140 funds opened new Target positions in Q3 2023 and 206 closed out, a net change of -66 holders.
- The largest Target buyer in Q3 2023 was Citadel Advisors, an estimated $238M added.
- The largest Target seller in Q3 2023 was Parnassus Investments, an estimated $667M sold.
Based on aggregated 13F filings for Q3 2023.