Target
1,118 hedge funds and large institutions have $45.6B invested in Target in 2015 Q1 according to their latest regulatory filings, with 139 funds opening new positions, 354 increasing their positions, 473 reducing their positions, and 73 closing their positions.
90% more first-time investments, than exits
New positions opened: 139 | Existing positions closed: 73
21% more call options, than puts
Call options by funds: $669M | Put options by funds: $551M
7% more capital invested
Capital invested by funds: $42.6B → $45.6B (+$2.96B)
5% more funds holding
Funds holding: 1,067 → 1,118 (+51)
1.53% less ownership
Funds ownership: 88.11% → 86.58% (-1.5%)
8% less funds holding in top 10
Funds holding in top 10: 48 → 44 (-4)
25% less repeat investments, than reductions
Existing positions increased: 354 | Existing positions reduced: 473
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$300M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$194M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$131M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$117M |
| 5 |
CCI
Columbus Circle Investors
|
+$96.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$624M |
| 2 |
State Street
Boston,
Massachusetts
|
-$249M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$232M |
| 4 |
ClearBridge Investments
New York
|
-$196M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$122M |
TGT Hedge Fund Activity: Q1 2015 in Review
1,118 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q1 2015, worth a combined $45.6B — up 7% from $42.6B a quarter earlier.
Buyers outnumbered sellers: 139 funds opened new TGT positions and 73 closed out — a net gain of 66 holders — while 354 added to existing stakes and 473 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $300M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $624M.
- 1,118 institutional investors held Target (TGT) as of Q1 2015, up from 1,067 in Q4 2014.
- Funds reported $45.6B of Target stock for Q1 2015, up 7% quarter-over-quarter.
- 139 funds opened new Target positions in Q1 2015 and 73 closed out, a net change of +66 holders.
- The largest Target buyer in Q1 2015 was Citadel Advisors, an estimated $300M added.
- The largest Target seller in Q1 2015 was Brown Brothers Harriman & Co, an estimated $624M sold.
Based on aggregated 13F filings for Q1 2015.