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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
PWM
1101
Patriot Wealth Management
Texas
-$5.09M -70,430 Closed
RAM
1102
Roanoke Asset Management
New Jersey
-$5.02M -69,480 Closed
ZAM
1103
Zevin Asset Management
Massachusetts
-$4.42M -61,220 Closed
PAM
1104
Princeton Alpha Management
New Jersey
-$4.41M -61,042 Closed
Caisse de Depot et Placement du Quebec (CDPQ)
1105
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
-$3.79M -52,500 Closed
B
1106
BP
United Kingdom
-$3.76M -52,000 Closed
CIA
1107
CCM Investment Advisers
South Carolina
-$3.44M -47,701 Closed
3C
1108
361 Capital
Colorado
-$3.09M -42,793 Closed
TG
1109
TCW Group
California
-$2.99M -41,450 Closed
CMO
1110
Covenant Multifamily Offices
Texas
-$2.98M -41,273 Closed
CSS
1111
Cubist Systematic Strategies
Connecticut
-$2.94M -40,678 Closed
SSA
1112
Schonfeld Strategic Advisors
New York
-$2.89M -40,067 Closed
FAT
1113
First American Trust
California
-$2.76M -38,174 Closed
BCM
1114
Bayesian Capital Management
New York
-$2.72M -37,700 Closed
TI
1115
Trexquant Investment
Connecticut
-$2.45M -33,900 Closed
QSS
1116
Quantitative Systematic Strategies
Florida
-$2.16M -29,760 Closed
PAI
1117
Pittenger & Anderson Inc
Nebraska
-$2.14M -29,635 Closed
RG
1118
Renaissance Group
Kentucky
-$2.13M -29,504 Closed
SMFG
1119
Sumitomo Mitsui Financial Group
Japan
-$2.12M -29,390 Closed
BSPF
1120
British Steel Pension Fund
United Kingdom
-$2.1M -29,060 Closed
GS
1121
GAM Systematic
United Kingdom
-$1.84M -25,433 Closed
ACM
1122
Advent Capital Management
New York
-$1.81M -25,000 Closed
AC
1123
Ascend Capital
California
-$1.81M -25,000 Closed
CCM
1124
Coldstream Capital Management
Washington
-$1.79M -24,727 Closed
Verition Fund Management
1125
Verition Fund Management
Connecticut
-$1.77M -24,478 Closed

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.