Target
1,471 hedge funds and large institutions have $38.3B invested in Target in 2020 Q1 according to their latest regulatory filings, with 144 funds opening new positions, 547 increasing their positions, 610 reducing their positions, and 187 closing their positions.
1.02% more ownership
Funds ownership: 81.14% → 82.16% (+1%)
4% less funds holding
Funds holding: 1,534 → 1,471 (-63)
10% less repeat investments, than reductions
Existing positions increased: 547 | Existing positions reduced: 610
23% less first-time investments, than exits
New positions opened: 144 | Existing positions closed: 187
27% less capital invested
Capital invested by funds: $52.7B → $38.3B (-$14.4B)
29% less funds holding in top 10
Funds holding in top 10: 66 → 47 (-19)
44% less call options, than puts
Call options by funds: $601M | Put options by funds: $1.07B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$454M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$158M |
| 3 |
Renaissance Technologies
New York
|
+$148M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$143M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$136M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$366M |
| 2 |
Bank of New York Mellon
New York
|
-$163M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$161M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$153M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$145M |
TGT Hedge Fund Activity: Q1 2020 in Review
1,471 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q1 2020, worth a combined $38.3B — down 27% from $52.7B a quarter earlier.
Sellers outnumbered buyers: 187 funds closed out of TGT and 144 opened new positions — a net loss of 43 holders — while 610 trimmed existing stakes and 547 added.
The largest buyer was Franklin Resources, adding an estimated $454M. The largest seller was DZ Bank, cutting an estimated $366M.
- 1,471 institutional investors held Target (TGT) as of Q1 2020, down from 1,534 in Q4 2019.
- Funds reported $38.3B of Target stock for Q1 2020, down 27% quarter-over-quarter.
- 144 funds opened new Target positions in Q1 2020 and 187 closed out, a net change of -43 holders.
- The largest Target buyer in Q1 2020 was Franklin Resources, an estimated $454M added.
- The largest Target seller in Q1 2020 was DZ Bank, an estimated $366M sold.
Based on aggregated 13F filings for Q1 2020.