Target
1,736 hedge funds and large institutions have $37.3B invested in Target in 2025 Q4 according to their latest regulatory filings, with 292 funds opening new positions, 527 increasing their positions, 714 reducing their positions, and 169 closing their positions.
73% more first-time investments, than exits
New positions opened: 292 | Existing positions closed: 169
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
30% more call options, than puts
Call options by funds: $3.6B | Put options by funds: $2.77B
12% more capital invested
Capital invested by funds: $33.2B → $37.3B (+$4.03B)
5% more funds holding
Funds holding: 1,648 → 1,736 (+88)
2.55% more ownership
Funds ownership: 81.61% → 84.16% (+2.5%)
26% less repeat investments, than reductions
Existing positions increased: 527 | Existing positions reduced: 714
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$290M |
| 2 |
TCIM
TOMS Capital Investment Management
New York
|
+$243M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$222M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$188M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$174M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$137M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$122M |
| 3 |
Citigroup
New York
|
-$115M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$101M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$82.7M |
TGT Hedge Fund Activity: Q4 2025 in Review
1,736 institutional investors reported a position in Target (TGT) for Q4 2025, worth a combined $37.3B — up 12% from $33.2B a quarter earlier.
Buyers outnumbered sellers: 292 funds opened new TGT positions and 169 closed out — a net gain of 123 holders — while 527 added to existing stakes and 714 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $290M. The largest seller was Arrowstreet Capital, cutting an estimated $137M.
- 1,736 institutional investors held Target (TGT) as of Q4 2025, up from 1,648 in Q3 2025.
- Funds reported $37.3B of Target stock for Q4 2025, up 12% quarter-over-quarter.
- 292 funds opened new Target positions in Q4 2025 and 169 closed out, a net change of +123 holders.
- The largest Target buyer in Q4 2025 was Goldman Sachs, an estimated $290M added.
- The largest Target seller in Q4 2025 was Arrowstreet Capital, an estimated $137M sold.
Based on aggregated 13F filings for Q4 2025.