Target
1,952 hedge funds and large institutions have $53.5B invested in Target in 2023 Q4 according to their latest regulatory filings, with 359 funds opening new positions, 636 increasing their positions, 775 reducing their positions, and 119 closing their positions.
202% more first-time investments, than exits
New positions opened: 359 | Existing positions closed: 119
150% more funds holding in top 10
Funds holding in top 10: 8 → 20 (+12)
33% more capital invested
Capital invested by funds: $40.1B → $53.5B (+$13.4B)
12% more funds holding
Funds holding: 1,742 → 1,952 (+210)
3.18% more ownership
Funds ownership: 78.52% → 81.69% (+3.2%)
6% more call options, than puts
Call options by funds: $2.87B | Put options by funds: $2.7B
18% less repeat investments, than reductions
Existing positions increased: 636 | Existing positions reduced: 775
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.02B |
| 2 |
JP Morgan Chase
New York
|
+$349M |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$213M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$200M |
| 5 |
Holocene Advisors
New York
|
+$156M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$454M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$267M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$250M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$165M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$122M |
TGT Hedge Fund Activity: Q4 2023 in Review
1,952 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q4 2023, worth a combined $53.5B — up 33% from $40.1B a quarter earlier.
Buyers outnumbered sellers: 359 funds opened new TGT positions and 119 closed out — a net gain of 240 holders — while 636 added to existing stakes and 775 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.02B. The largest seller was Capital World Investors, cutting an estimated $454M.
- 1,952 institutional investors held Target (TGT) as of Q4 2023, up from 1,742 in Q3 2023.
- Funds reported $53.5B of Target stock for Q4 2023, up 33% quarter-over-quarter.
- 359 funds opened new Target positions in Q4 2023 and 119 closed out, a net change of +240 holders.
- The largest Target buyer in Q4 2023 was Morgan Stanley, an estimated $1.02B added.
- The largest Target seller in Q4 2023 was Capital World Investors, an estimated $454M sold.
Based on aggregated 13F filings for Q4 2023.