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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
BA
1201
BKS Advisors
Michigan
-$333K -4,616 Closed
PP
1202
PagnatoKarp Partners
Virginia
-$328K -4,550 Closed
NDSI
1203
Newman Dignan & Sheerar Inc
Rhode Island
-$327K -4,522 Closed
RMAM
1204
Raab & Moskowitz Asset Management
New Jersey
-$323K -4,480 Closed
SGA
1205
Strategic Global Advisors
California
-$320K -4,432 Closed
FI
1206
FormulaFolio Investments
Michigan
-$319K -4,422 Closed
Cetera Investment Advisers
1207
Cetera Investment Advisers
Illinois
-$315K -4,341 Closed
RIM
1208
Regent Investment Management
Kentucky
-$312K -4,315 Closed
BHBT
1209
Burke & Herbert Bank & Trust
Virginia
-$299K -4,142 Closed
NED
1210
Nancy E. Dempze
-$294K -4,080 Closed
BCM
1211
BTR Capital Management
California
-$275K -4,005 Closed
WPW
1212
Waldron Private Wealth
Pennsylvania
-$286K -3,965 Closed
HW
1213
Hancock Whitney
Mississippi
-$285K -3,948 Closed
HFS
1214
Haverford Financial Services
Pennsylvania
-$285K -3,947 Closed
AB
1215
Atlas Brown
Kentucky
-$268K -3,907 Closed
BSB
1216
Bangor Savings Bank
Maine
-$282K -3,904 Closed
ACP
1217
Aveo Capital Partners
Colorado
-$280K -3,877 Closed
STMM
1218
South Texas Money Management
Texas
-$271K -3,751 Closed
SPC
1219
Stewart & Patten Company
California
-$270K -3,738 Closed
IFS
1220
Ifrah Financial Services
Arkansas
-$268K -3,705 Closed
HSA
1221
HBK Sorce Advisory
Pennsylvania
-$266K -3,686 Closed
GP
1222
Girard Partners
Pennsylvania
-$260K -3,601 Closed
SAM
1223
Shamrock Asset Management
Texas
-$256K -3,547 Closed
MMPW
1224
Mitchell McLeod Pugh & Williams
Alabama
-$256K -3,539 Closed
SIG
1225
Sky Investment Group
Connecticut
-$255K -3,535 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.