Target
1,655 hedge funds and large institutions have $63.8B invested in Target in 2020 Q3 according to their latest regulatory filings, with 201 funds opening new positions, 551 increasing their positions, 694 reducing their positions, and 84 closing their positions.
139% more first-time investments, than exits
New positions opened: 201 | Existing positions closed: 84
47% more funds holding in top 10
Funds holding in top 10: 53 → 78 (+25)
28% more capital invested
Capital invested by funds: $49.7B → $63.8B (+$14.1B)
7% more funds holding
Funds holding: 1,552 → 1,655 (+103)
7% more call options, than puts
Call options by funds: $1.59B | Put options by funds: $1.49B
1.94% less ownership
Funds ownership: 82.91% → 80.97% (-1.9%)
21% less repeat investments, than reductions
Existing positions increased: 551 | Existing positions reduced: 694
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$347M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$221M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$166M |
| 4 |
HMP
HS Management Partners
New York
|
+$155M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$488M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$256M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$242M |
| 4 |
Jane Street
New York
|
-$191M |
| 5 |
Goldman Sachs
New York
|
-$185M |
TGT Hedge Fund Activity: Q3 2020 in Review
1,655 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q3 2020, worth a combined $63.8B — up 28% from $49.7B a quarter earlier.
Buyers outnumbered sellers: 201 funds opened new TGT positions and 84 closed out — a net gain of 117 holders — while 551 added to existing stakes and 694 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $347M. The largest seller was Nordea Investment Management, cutting an estimated $488M.
- 1,655 institutional investors held Target (TGT) as of Q3 2020, up from 1,552 in Q2 2020.
- Funds reported $63.8B of Target stock for Q3 2020, up 28% quarter-over-quarter.
- 201 funds opened new Target positions in Q3 2020 and 84 closed out, a net change of +117 holders.
- The largest Target buyer in Q3 2020 was Fidelity Investments, an estimated $347M added.
- The largest Target seller in Q3 2020 was Nordea Investment Management, an estimated $488M sold.
Based on aggregated 13F filings for Q3 2020.