Target
1,645 hedge funds and large institutions have $33.2B invested in Target in 2025 Q3 according to their latest regulatory filings, with 126 funds opening new positions, 570 increasing their positions, 752 reducing their positions, and 205 closing their positions.
3% more call options, than puts
Call options by funds: $3.36B | Put options by funds: $3.25B
2.05% less ownership
Funds ownership: 83.65% → 81.6% (-2.1%)
6% less funds holding
Funds holding: 1,751 → 1,645 (-106)
12% less capital invested
Capital invested by funds: $37.6B → $33.2B (-$4.37B)
24% less repeat investments, than reductions
Existing positions increased: 570 | Existing positions reduced: 752
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
39% less first-time investments, than exits
New positions opened: 126 | Existing positions closed: 205
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$638M |
| 2 |
Jane Street
New York
|
+$136M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$130M |
| 4 |
Man Group
London,
United Kingdom
|
+$104M |
| 5 |
WorldQuant Millennium Advisors
New York
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$495M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$224M |
| 3 |
Goldman Sachs
New York
|
-$174M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$160M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$148M |
TGT Hedge Fund Activity: Q3 2025 in Review
1,645 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q3 2025, worth a combined $33.2B — down 12% from $37.6B a quarter earlier.
Sellers outnumbered buyers: 205 funds closed out of TGT and 126 opened new positions — a net loss of 79 holders — while 752 trimmed existing stakes and 570 added.
The largest buyer was Vanguard Group, adding an estimated $638M. The largest seller was Massachusetts Financial Services, cutting an estimated $495M.
- 1,645 institutional investors held Target (TGT) as of Q3 2025, down from 1,751 in Q2 2025.
- Funds reported $33.2B of Target stock for Q3 2025, down 12% quarter-over-quarter.
- 126 funds opened new Target positions in Q3 2025 and 205 closed out, a net change of -79 holders.
- The largest Target buyer in Q3 2025 was Vanguard Group, an estimated $638M added.
- The largest Target seller in Q3 2025 was Massachusetts Financial Services, an estimated $495M sold.
Based on aggregated 13F filings for Q3 2025.