Target
1,950 hedge funds and large institutions have $55.5B invested in Target in 2024 Q2 according to their latest regulatory filings, with 130 funds opening new positions, 778 increasing their positions, 770 reducing their positions, and 206 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 778 | Existing positions reduced: 770
0.42% more ownership
Funds ownership: 80.69% → 81.11% (+0.42%)
5% less funds holding
Funds holding: 2,054 → 1,950 (-104)
16% less capital invested
Capital invested by funds: $65.9B → $55.5B (-$10.4B)
21% less call options, than puts
Call options by funds: $2.14B | Put options by funds: $2.71B
37% less first-time investments, than exits
New positions opened: 130 | Existing positions closed: 206
58% less funds holding in top 10
Funds holding in top 10: 33 → 14 (-19)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$401M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$275M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$248M |
| 4 |
Citigroup
New York
|
+$163M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$161M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$754M |
| 2 |
Holocene Advisors
New York
|
-$346M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$215M |
| 4 |
State Street
Boston,
Massachusetts
|
-$212M |
| 5 |
Millennium Management
New York
|
-$190M |
TGT Hedge Fund Activity: Q2 2024 in Review
1,950 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q2 2024, worth a combined $55.5B — down 16% from $65.9B a quarter earlier.
Sellers outnumbered buyers: 206 funds closed out of TGT and 130 opened new positions — a net loss of 76 holders — while 770 trimmed existing stakes and 778 added.
The largest buyer was Goldman Sachs, adding an estimated $401M. The largest seller was Capital World Investors, cutting an estimated $754M.
- 1,950 institutional investors held Target (TGT) as of Q2 2024, down from 2,054 in Q1 2024.
- Funds reported $55.5B of Target stock for Q2 2024, down 16% quarter-over-quarter.
- 130 funds opened new Target positions in Q2 2024 and 206 closed out, a net change of -76 holders.
- The largest Target buyer in Q2 2024 was Goldman Sachs, an estimated $401M added.
- The largest Target seller in Q2 2024 was Capital World Investors, an estimated $754M sold.
Based on aggregated 13F filings for Q2 2024.