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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
LIM
201
Lathrop Investment Management
Arkansas
$8.18M -$393K -6,315 -4%
SEI Investments
202
SEI Investments
Pennsylvania
$8.11M -$789K -12,676 -8%
Acadian Asset Management
203
Acadian Asset Management
Massachusetts
$7.97M -$8.44M -135,602 -48%
TSW
204
Thompson Siegel & Walmsley
Virginia
$7.96M +$2.46M +39,598 +38%
FBP
205
Flippin Bruce & Porter
Virginia
$7.82M +$2.6M +41,835 +42%
DCM
206
Dupont Capital Management
Delaware
$7.57M -$1.26M -20,234 -13%
RCM
207
Riverhead Capital Management
Delaware
$7.54M +$1.25M +20,154 +17%
JG
208
Jefferies Group
New York
$7.43M -$8.7M -139,848 -51%
RCYC
209
Richard C. Young & Co
Rhode Island
$7.43M +$373K +5,992 +5%
RIA
210
RPG Investment Advisory
California
$7.41M +$4.42M +71,021 +112%
Axa
211
Axa
France
$7.4M -$1.68M -26,982 -17%
OTPPB
212
Ontario Teachers' Pension Plan Board
Ontario, Canada
$7.39M +$1.06M +17,002 +15%
ELC
213
Edgar Lomax Company
Virginia
$7.39M -$34.6M -555,553 -81%
GG
214
Gofen & Glossberg
Illinois
$7.26M -$3.32M -53,340 -29%
Envestnet Asset Management
215
Envestnet Asset Management
Illinois
$7.09M +$2.24M +35,928 +39%
Commonwealth Equity Services
216
Commonwealth Equity Services
Massachusetts
$7.06M -$2.47M -39,687 -24%
HHC
217
Hutchin Hill Capital
New York
$7.05M +$6.22M +99,974 +361%
CB
218
Commerce Bank
Missouri
$7M -$13.6M -218,462 -63%
CCM
219
Covington Capital Management
California
$7M -$677K -10,880 -8%
Public Sector Pension Investment Board (PSP Investments)
220
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$6.99M +$149K +2,400 +2%
GXMC
221
Global X Management Company
New York
$6.97M +$7.33M +117,768 +1,395%
QC
222
Quadrature Capital
United Kingdom
$6.87M -$1.37M -21,958 -15%
CCMH
223
Cornerstone Capital Management Holdings
New York
$6.82M -$8.51M -136,784 -53%
EIM
224
ExxonMobil Investment Management
Texas
$6.82M -$405K -6,511 -5%
AIM
225
Achmea Investment Management
Netherlands
$6.8M +$7.67M +123,275 New

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.