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967 hedge funds and large institutions have $34.8B invested in Target in 2013 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 387 increasing their positions, 360 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.93% more ownership

Funds ownership: 83.55%85.48% (+1.9%)

8% more repeat investments, than reductions

Existing positions increased: 387 | Existing positions reduced: 360

5% less first-time investments, than exits

New positions opened: 84 | Existing positions closed: 88

1% less funds holding

Funds holding: 980967 (-13)

6% less capital invested

Capital invested by funds: $36.8B → $34.8B (-$2.03B)

31% less funds holding in top 10

Funds holding in top 10: 4229 (-13)

38% less call options, than puts

Call options by funds: $298M | Put options by funds: $482M

Holders
967
Holders Change
-13
Holders Change %
-1.33%
% of All Funds
31.35%
Holding in Top 10
29
Holding in Top 10 Change
-13
Holding in Top 10 Change %
-30.95%
% of All Funds
0.94%
New
84
Increased
387
Reduced
360
Closed
88
Calls
$298M
Puts
$482M
Net Calls
-$184M
Net Calls Change
+$90.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Prudential Financial
101
Prudential Financial
New Jersey
$55.7M -$2.12M -31,153 -3%
PI
102
Putnam Investments
Massachusetts
$55.5M -$9.02M -132,502 -13%
CGT
103
Capital Guardian Trust
California
$53.7M -$12.3M -179,971 -18%
WIM
104
Weitz Investment Management
Nebraska
$53.1M +$258K +3,791 +0.5%
Barclays
105
Barclays
United Kingdom
$52M -$12.7M -186,389 -18%
State of Wisconsin Investment Board
106
State of Wisconsin Investment Board
Wisconsin
$52M -$14.9M -218,186 -21%
JFL
107
Jarislowsky, Fraser Ltd
Quebec, Canada
$50.5M +$53.8M +789,869 New
Dimensional Fund Advisors
108
Dimensional Fund Advisors
Texas
$49.9M +$2.18M +32,059 +4%
Principal Financial Group
109
Principal Financial Group
Iowa
$48.4M -$661K -9,712 -1%
EHC
110
Everett Harris & Co
California
$46.9M +$3.45M +50,645 +7%
TA
111
Teachers Advisors
New York
$43.1M +$736K +10,804 +2%
SC
112
SRB Corp
Massachusetts
$43M
RCM
113
Riverhead Capital Management
Delaware
$42.5M +$6.41M +94,200 +17%
RFC
114
Regions Financial Corp
Alabama
$42M -$47.8K -702 -0.1%
WRF
115
Waddell & Reed Financial
Kansas
$41.9M -$12.9M -189,750 -22%
TAM
116
Tiverton Asset Management
Delaware
$41.6M
Canada Pension Plan Investment Board
117
Canada Pension Plan Investment Board
Ontario, Canada
$41.6M +$4.71M +69,200 +12%
USAA
118
United Services Automobile Association
Texas
$41.5M +$81.6K +1,198 +0.2%
CBOA
119
Commonwealth Bank of Australia
Australia
$40.6M +$7.15M +105,080 +20%
BNP Paribas Asset Management
120
BNP Paribas Asset Management
France
$38.9M +$10.6M +155,332 +34%
HCM
121
Highbridge Capital Management
New York
$38.1M +$23M +338,272 +131%
GIA
122
Gateway Investment Advisers
Ohio
$38M +$3.8M +55,831 +10%
WI
123
WBI Investments
New Jersey
$37.7M +$40.1M +589,551 New
State of Tennessee, Department of Treasury
124
State of Tennessee, Department of Treasury
Tennessee
$37.5M +$39.9M +586,062 New
Comerica Bank
125
Comerica Bank
Texas
$37.5M -$1.62M -23,767 -4%

TGT Hedge Fund Activity: Q3 2013 in Review

967 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q3 2013, worth a combined $34.8B — down 5.5% from $36.8B a quarter earlier.

Sellers outnumbered buyers: 88 funds closed out of TGT and 84 opened new positions — a net loss of 4 holders — while 360 trimmed existing stakes and 387 added.

The largest buyer was Magellan Asset Management, opening a new position worth an estimated $563M. The largest seller was Artisan Partners, exiting entirely with an estimated $236M sold.

  • 967 institutional investors held Target (TGT) as of Q3 2013, down from 980 in Q2 2013.
  • Funds reported $34.8B of Target stock for Q3 2013, down 5.5% quarter-over-quarter.
  • 84 funds opened new Target positions in Q3 2013 and 88 closed out, a net change of -4 holders.
  • The largest Target buyer in Q3 2013 was Magellan Asset Management, an estimated $563M added.
  • The largest Target seller in Q3 2013 was Artisan Partners, an estimated $236M sold.

Based on aggregated 13F filings for Q3 2013.