Target
1,293 hedge funds and large institutions have $36.8B invested in Target in 2019 Q2 according to their latest regulatory filings, with 136 funds opening new positions, 467 increasing their positions, 514 reducing their positions, and 111 closing their positions.
29% more call options, than puts
Call options by funds: $999M | Put options by funds: $776M
23% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 111
11% more funds holding in top 10
Funds holding in top 10: 36 → 40 (+4)
6% more capital invested
Capital invested by funds: $34.7B → $36.8B (+$2.09B)
1% more funds holding
Funds holding: 1,286 → 1,293 (+7)
9% less repeat investments, than reductions
Existing positions increased: 467 | Existing positions reduced: 514
1.14% less ownership
Funds ownership: 84.04% → 82.9% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$311M |
| 2 |
Renaissance Technologies
New York
|
+$217M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$174M |
| 4 |
JP Morgan Chase
New York
|
+$140M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$311M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$298M |
| 3 |
BlackRock
New York
|
-$245M |
| 4 |
Two Sigma Advisers
New York
|
-$213M |
| 5 |
Dodge & Cox
San Francisco,
California
|
-$178M |
TGT Hedge Fund Activity: Q2 2019 in Review
1,293 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q2 2019, worth a combined $36.8B — up 6% from $34.7B a quarter earlier.
Buyers outnumbered sellers: 136 funds opened new TGT positions and 111 closed out — a net gain of 25 holders — while 467 added to existing stakes and 514 trimmed.
The largest buyer was Nuveen, adding an estimated $311M. The largest seller was Franklin Resources, cutting an estimated $311M.
- 1,293 institutional investors held Target (TGT) as of Q2 2019, up from 1,286 in Q1 2019.
- Funds reported $36.8B of Target stock for Q2 2019, up 6% quarter-over-quarter.
- 136 funds opened new Target positions in Q2 2019 and 111 closed out, a net change of +25 holders.
- The largest Target buyer in Q2 2019 was Nuveen, an estimated $311M added.
- The largest Target seller in Q2 2019 was Franklin Resources, an estimated $311M sold.
Based on aggregated 13F filings for Q2 2019.