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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
SC
1226
Savant Capital
Illinois
-$253K -3,498 Closed
CFP
1227
Cornerstone Financial Partners
North Carolina
-$251K -3,469 Closed
HC
1228
Hourglass Capital
Texas
-$241K -3,336 Closed
SMC
1229
Smith, Moore & Co
Missouri
-$239K -3,306 Closed
HCMT
1230
Highland Capital Management (Tennessee)
Tennessee
-$239K -3,305 Closed
FMC
1231
First Merchants Corp
Indiana
-$237K -3,279 Closed
ACA
1232
Anchor Capital Advisors
Massachusetts
-$235K -3,260 Closed
CIC
1233
Carnegie Investment Counsel
Ohio
-$236K -3,239 Closed
BST
1234
Bath Savings Trust
Maine
-$233K -3,225 Closed
SC
1235
Searle & Co
Connecticut
-$232K -3,211 Closed
CWA
1236
Cypress Wealth Advisors
California
-$229K -3,176 Closed
BFIM
1237
Beese Fulmer Investment Management
Ohio
-$228K -3,160 Closed
VWM
1238
Venturi Wealth Management
Texas
-$225K -3,110 Closed
CAM
1239
Cubic Asset Management
Massachusetts
-$216K -2,990 Closed
KFS
1240
Kissinger Financial Services
Maryland
-$216K -2,989 Closed
IH
1241
IFC Holdings
Florida
-$216K -2,982 Closed
PP
1242
Patten & Patten
Tennessee
-$215K -2,975 Closed
PWLP
1243
Prio Wealth Limited Partnership
Massachusetts
-$212K -2,944 Closed
RBC
1244
Ronald Blue & Co
Georgia
-$212K -2,936 Closed
IIM
1245
Ipswich Investment Management
Massachusetts
-$209K -2,900 Closed
IC
1246
Intersect Capital
California
-$208K -2,880 Closed
IB
1247
Intrust Bank
Kansas
-$207K -2,871 Closed
WCM
1248
Weatherstone Capital Management
Colorado
-$207K -2,871 Closed
SGK
1249
Steigerwald Gordon & Koch
Virginia
-$206K -2,857 Closed
BONST
1250
Bank of Nova Scotia Trust
Ontario, Canada
-$205K -2,840 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.