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1,144 hedge funds and large institutions have $39.9B invested in Target in 2015 Q4 according to their latest regulatory filings, with 116 funds opening new positions, 464 increasing their positions, 437 reducing their positions, and 91 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 91

9.8% more ownership

Funds ownership: 78.21%88.01% (+9.8%)

6% more repeat investments, than reductions

Existing positions increased: 464 | Existing positions reduced: 437

1% more funds holding

Funds holding: 1,1331,144 (+11)

1% more capital invested

Capital invested by funds: $39.6B → $39.9B (+$239M)

4% less call options, than puts

Call options by funds: $708M | Put options by funds: $742M

54% less funds holding in top 10

Funds holding in top 10: 4822 (-26)

Holders
1,144
Holders Change
+11
Holders Change %
+0.97%
% of All Funds
30.01%
Holding in Top 10
22
Holding in Top 10 Change
-26
Holding in Top 10 Change %
-54.17%
% of All Funds
0.58%
New
116
Increased
464
Reduced
437
Closed
91
Calls
$708M
Puts
$742M
Net Calls
-$33.3M
Net Calls Change
-$257M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$3.87B +$3.98B +53,329,159 New
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.93B +$6.78M +90,829 +0.2%
Capital World Investors
3
Capital World Investors
California
$1.75B +$131M +1,750,000 +8%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$1.59B -$148M -1,984,635 -8%
Franklin Resources
5
Franklin Resources
California
$1.53B +$93.7M +1,255,768 +6%
BIT
6
BlackRock Institutional Trust
California
$1.24B -$68.5M -917,562 -5%
Invesco
7
Invesco
Georgia
$1.09B -$33.4M -446,786 -3%
Barrow, Hanley, Mewhinney & Strauss
8
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.01B -$10.2M -136,825 -1%
Massachusetts Financial Services
9
Massachusetts Financial Services
Massachusetts
$959M -$47.8M -639,699 -5%
Wells Fargo
10
Wells Fargo
California
$860M +$19.3M +258,052 +2%
MAM
11
Magellan Asset Management
Australia
$854M +$23.4M +313,484 +3%
Dodge & Cox
12
Dodge & Cox
California
$787M -$110M -1,472,478 -12%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$772M +$110M +1,473,300 +16%
Northern Trust
14
Northern Trust
Illinois
$676M -$47.4M -634,649 -6%
Bank of America
15
Bank of America
North Carolina
$607M +$24M +321,685 +4%
JP Morgan Chase
16
JP Morgan Chase
New York
$605M +$3.74M +50,131 +0.6%
LTI
17
Laffer Tengler Investments
Tennessee
$586M
Boston Partners
18
Boston Partners
Massachusetts
$577M +$58.2M +779,794 +11%
BFA
19
BlackRock Fund Advisors
California
$576M +$28.9M +386,751 +5%
Norges Bank
20
Norges Bank
Norway
$450M +$27.2M +363,738 +6%
BG
21
BlackRock Group
United Kingdom
$392M +$346K +4,639 +0.1%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$389M +$541K +7,251 +0.1%
Morgan Stanley
23
Morgan Stanley
New York
$350M +$10.4M +139,911 +3%
Ameriprise
24
Ameriprise
Minnesota
$341M +$26.4M +354,012 +8%
Deutsche Bank
25
Deutsche Bank
Germany
$310M +$226M +3,025,533 +243%

TGT Hedge Fund Activity: Q4 2015 in Review

1,144 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q4 2015, worth a combined $39.9B — up 0.6% from $39.6B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new TGT positions and 91 closed out — a net gain of 25 holders — while 464 added to existing stakes and 437 trimmed.

The largest buyer was State Street, opening a new position worth an estimated $3.98B. The largest seller was SG Americas Securities, cutting an estimated $253M.

  • 1,144 institutional investors held Target (TGT) as of Q4 2015, up from 1,133 in Q3 2015.
  • Funds reported $39.9B of Target stock for Q4 2015, up 0.6% quarter-over-quarter.
  • 116 funds opened new Target positions in Q4 2015 and 91 closed out, a net change of +25 holders.
  • The largest Target buyer in Q4 2015 was State Street, an estimated $3.98B added.
  • The largest Target seller in Q4 2015 was SG Americas Securities, an estimated $253M sold.

Based on aggregated 13F filings for Q4 2015.