Target
1,141 hedge funds and large institutions have $42.9B invested in Target in 2016 Q1 according to their latest regulatory filings, with 106 funds opening new positions, 453 increasing their positions, 462 reducing their positions, and 93 closing their positions.
77% more funds holding in top 10
Funds holding in top 10: 22 → 39 (+17)
35% more call options, than puts
Call options by funds: $1.12B | Put options by funds: $831M
14% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 93
8% more capital invested
Capital invested by funds: $39.9B → $42.9B (+$3.04B)
2% more ownership
Funds ownership: 88.01% → 90.01% (+2%)
0% less funds holding
Funds holding: 1,144 → 1,141 (-3)
2% less repeat investments, than reductions
Existing positions increased: 453 | Existing positions reduced: 462
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$915M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$588M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$151M |
| 4 |
Renaissance Technologies
New York
|
+$112M |
| 5 |
JP Morgan Chase
New York
|
+$110M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$546M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$316M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$243M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$220M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$172M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARMC
1226
American Research & Management Company
Marion,
Massachusetts
| – | -$15K | -200 | Closed |
|
|
BCA
1227
Bray Capital Advisors
Naples,
Florida
| – | -$15K | -200 | Closed |
|
1228
Parallax Volatility Advisers
San Francisco,
California
| – | -$9.21K | -122 | Closed |
|
|
SFPM
1229
Sensible Financial Planning & Management
Waltham,
Massachusetts
| – | -$7K | -100 | Closed |
|
|
MFBTD
1230
MB Financial Bank - Trust Department
Rosemont,
Illinois
| – | -$6K | -87 | Closed |
|
|
HW
1231
Hedeker Wealth
Lincolnshire,
Illinois
| – | -$2K | -35 | Closed |
|
|
CIM
1232
Contravisory Investment Management
Norwell,
Massachusetts
| – | -$2K | -26 | Closed |
|
|
CPA
1233
Cowen Prime Advisors
New York
| – | -$1K | -11 | Closed |
|
|
TRCT
1234
Tower Research Capital (TRC)
New York
| – | -$1K | -9 | Closed |
|
|
DLHL
1235
Donald L. Hagan LLC
Sarasota,
Florida
| – | +$227 | +3 | New |
|
TGT Hedge Fund Activity: Q1 2016 in Review
1,141 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q1 2016, worth a combined $42.9B — up 7.6% from $39.9B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new TGT positions and 93 closed out — a net gain of 13 holders — while 453 added to existing stakes and 462 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $915M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $546M.
- 1,141 institutional investors held Target (TGT) as of Q1 2016, down from 1,144 in Q4 2015.
- Funds reported $42.9B of Target stock for Q1 2016, up 7.6% quarter-over-quarter.
- 106 funds opened new Target positions in Q1 2016 and 93 closed out, a net change of +13 holders.
- The largest Target buyer in Q1 2016 was Royal London Asset Management, an estimated $915M added.
- The largest Target seller in Q1 2016 was Barrow, Hanley, Mewhinney & Strauss, an estimated $546M sold.
Based on aggregated 13F filings for Q1 2016.