Target
1,135 hedge funds and large institutions have $38.4B invested in Target in 2015 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 441 increasing their positions, 452 reducing their positions, and 79 closing their positions.
41% more call options, than puts
Call options by funds: $768M | Put options by funds: $544M
12% more funds holding in top 10
Funds holding in top 10: 43 → 48 (+5)
0.4% more ownership
Funds ownership: 77.82% → 78.22% (+0.4%)
2% less repeat investments, than reductions
Existing positions increased: 441 | Existing positions reduced: 452
8% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 79
2% less funds holding
Funds holding: 1,153 → 1,135 (-18)
5% less capital invested
Capital invested by funds: $40.6B → $38.4B (-$2.15B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$267M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$234M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$157M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$148M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$598M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$591M |
| 3 |
Dodge & Cox
San Francisco,
California
|
-$373M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$289M |
| 5 |
JP Morgan Chase
New York
|
-$76.1M |
TGT Hedge Fund Activity: Q3 2015 in Review
1,135 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q3 2015, worth a combined $38.4B — down 5.3% from $40.6B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of TGT and 73 opened new positions — a net loss of 6 holders — while 452 trimmed existing stakes and 441 added.
The largest buyer was SG Americas Securities, adding an estimated $267M. The largest seller was Franklin Resources, cutting an estimated $598M.
- 1,135 institutional investors held Target (TGT) as of Q3 2015, down from 1,153 in Q2 2015.
- Funds reported $38.4B of Target stock for Q3 2015, down 5.3% quarter-over-quarter.
- 73 funds opened new Target positions in Q3 2015 and 79 closed out, a net change of -6 holders.
- The largest Target buyer in Q3 2015 was SG Americas Securities, an estimated $267M added.
- The largest Target seller in Q3 2015 was Franklin Resources, an estimated $598M sold.
Based on aggregated 13F filings for Q3 2015.