Target
1,953 hedge funds and large institutions have $52.5B invested in Target in 2023 Q4 according to their latest regulatory filings, with 360 funds opening new positions, 635 increasing their positions, 776 reducing their positions, and 118 closing their positions.
205% more first-time investments, than exits
New positions opened: 360 | Existing positions closed: 118
150% more funds holding in top 10
Funds holding in top 10: 8 → 20 (+12)
31% more capital invested
Capital invested by funds: $40.1B → $52.5B (+$12.4B)
12% more funds holding
Funds holding: 1,741 → 1,953 (+212)
1.25% more ownership
Funds ownership: 78.52% → 79.77% (+1.2%)
6% more call options, than puts
Call options by funds: $2.87B | Put options by funds: $2.7B
18% less repeat investments, than reductions
Existing positions increased: 635 | Existing positions reduced: 776
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$349M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$200M |
| 3 |
Holocene Advisors
New York
|
+$156M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$149M |
| 5 |
Morgan Stanley
New York
|
+$139M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$454M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$267M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$250M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$165M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$122M |
TGT Hedge Fund Activity: Q4 2023 in Review
1,953 of the 6,870 institutional investors tracked by Wall St. Rank reported a position in Target (TGT) for Q4 2023, worth a combined $52.5B — up 31% from $40.1B a quarter earlier.
Buyers outnumbered sellers: 360 funds opened new TGT positions and 118 closed out — a net gain of 242 holders — while 635 added to existing stakes and 776 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $349M. The largest seller was Capital World Investors, cutting an estimated $454M.
- 1,953 institutional investors held Target (TGT) as of Q4 2023, up from 1,741 in Q3 2023.
- Funds reported $52.5B of Target stock for Q4 2023, up 31% quarter-over-quarter.
- 360 funds opened new Target positions in Q4 2023 and 118 closed out, a net change of +242 holders.
- The largest Target buyer in Q4 2023 was JP Morgan Chase, an estimated $349M added.
- The largest Target seller in Q4 2023 was Capital World Investors, an estimated $454M sold.
Based on aggregated 13F filings for Q4 2023.