MACYS INC M
COM · Common Stock · CUSIP 55616P104 · ISIN US55616P1049
American holding company
- SectorConsumer discretionary
- IndustryRetail-Department Stores
- HeadquartersNew York, NY
- Founded1929
- Websitemacysinc.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.1m this quarter). Holder counts are more reliable. Shares outstanding: 271.4m as of 2023-02-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $17.52. Options: 32 managers hold calls ($241.0m notional), 43 hold puts ($390.4m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 401 |
| Q4 2022 | 441 |
| Q1 2023 | 426 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 238 | 172 |
| Q1 2023 | 209 | 220 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $174.0m | $210.4m | 1.21 |
| Q4 2022 | $371.6m | $427.9m | 1.15 |
| Q1 2023 | $241.0m | $390.4m | 1.62 |
Biggest buyers
| VANGUARD GROUP INC | Added | +4.6m |
| GOLDMAN SACHS GROUP INC | Added | +2.9m |
| Ceredex Value Advisors LLC | New | +2.5m |
| FMR LLC | Added | +2.4m |
| LSV ASSET MANAGEMENT | Added | +1.4m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.4m |
| PRUDENTIAL FINANCIAL INC | Added | +1.3m |
| AMERIPRISE FINANCIAL INC | Added | +1.3m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +1.1m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.0m |
Biggest sellers
| Schonfeld Strategic Advisors LLC | Reduced | -2.4m |
| CITADEL ADVISORS LLC | Reduced | -2.2m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.6m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.6m |
| TWO SIGMA ADVISERS, LP | Reduced | -1.4m |
| Point72 Asset Management, L.P. | Reduced | -1.4m |
| SCOPUS ASSET MANAGEMENT, L.P. | Sold out | -1.3m |
| D. E. Shaw & Co., Inc. | Reduced | -1.2m |
| Man Group plc | Sold out | -871.6k |
| Interval Partners, LP | Sold out | -860.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $69.8m4.0m shares |
| CITADEL ADVISORS LLC | Added | $39.9m2.3m shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | $21.9m1.2m shares |
| Twin Tree Management, LP | Added | $20.7m1.2m shares |
| BARCLAYS PLC | Added | $16.2m928.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $11.8m674.8k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $9.4m537.3k shares |
| CITIGROUP INC | Added | $8.0m460.0k shares |
| IMC-Chicago, LLC | Added | $7.3m417.4k shares |
| Walleye Trading LLC | Reduced | $5.0m286.7k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $68.0m3.9m shares |
| Deer Park Road Corp | New | $52.5m3.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $51.5m2.9m shares |
| PEAK6 Investments LLC | Added | $39.6m2.3m shares |
| SIMPLEX TRADING, LLC | Reduced | $18.4m1.1m shares |
| BANK OF AMERICA CORP /DE/ | New | $17.5m1.0m shares |
| BARCLAYS PLC | Reduced | $15.9m906.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $14.4m825.0k shares |
| CITIGROUP INC | New | $14.0m800.0k shares |
| Paloma Partners Management Co | Added | $12.7m727.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2026-07-14 | 6.4% |
Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (5.0%, 2026-07-31), VANGUARD PORTFOLIO MANAGEMENT LLC (4.9%, 2026-07-31), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 2 | $92.0k | — |
| Q1 2022 | 0 | — | 6 | $4.6m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 5 | $4.1m | — |
| Q4 2022 | 0 | — | 1 | $77.0k | — |
| Q1 2023 | 0 | — | 0 | — | — |
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 34.0m $594.0m | Added +4.6m |
| BlackRock Inc. 0.01% of their portfolio | 25.6m $447.5m | Reduced -589.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.24% of their portfolio | 10.5m $184.5m | Reduced -25.9k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 10.4m $182.4m | Added +500.9k |
| STATE STREET CORP 0.01% of their portfolio | 10.2m $179.9m | Reduced -66.4k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 8.8m $153.3m | Added +2.9m |
| Newport Trust Company, LLC 0.38% of their portfolio | 7.8m $136.2m | Added +9.5k |
| APPALOOSA LP 5.67% of their portfolio | 6.0m $104.9m | Added +50.0k |
| LSV ASSET MANAGEMENT 0.22% of their portfolio | 5.6m $97.1m | Added +1.4m |
| AQR CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 5.5m $94.5m | Added +1.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.0m $69.9m | Added +16.4k |
| Pacer Advisors, Inc. 0.25% of their portfolio | 3.3m $58.0m | Added +865.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 3.3m $57.7m | Reduced -43.7k |
| FMR LLC 0.00% of their portfolio | 3.0m $51.8m | Added +2.4m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.6m $45.3m | Added +1.4k |
| Ceredex Value Advisors LLC 0.70% of their portfolio | 2.5m $44.9m | New |
| MORGAN STANLEY 0.00% of their portfolio | 2.5m $43.8m | Reduced -157.0k |
| PRUDENTIAL FINANCIAL INC 0.07% of their portfolio | 2.5m $44.8m | Added +1.3m |
| Invesco Ltd. 0.01% of their portfolio | 2.5m $43.4m | Added +67.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.5m $43.4m | Added +1.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.4m $42.5m | Added +7.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.3m $40.3m | Reduced -1.6m |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 2.1m $36.9m | Added +626.2k |
| Douglas Lane & Associates, LLC 0.61% of their portfolio | 2.1m $36.7m | Added +3.3k |
| Holocene Advisors, LP 0.18% of their portfolio | 2.1m $36.0m | Added +703.3k |
| CAPITAL FUND MANAGEMENT S.A. 0.65% of their portfolio | 1.9m $33.3m | Added +217.3k |
| Capital World Investors 0.01% of their portfolio | 1.9m $33.2m | Unchanged |
| Allianz Asset Management GmbH 0.07% of their portfolio | 1.8m $32.0m | Reduced -680.3k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.7m $29.7m | Added +47.4k |
| ROYCE & ASSOCIATES LP 0.29% of their portfolio | 1.7m $29.3m | Added +433.5k |
| Skandinaviska Enskilda Banken AB (publ) 0.20% of their portfolio | 1.6m $28.5m | Added +625.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 1.5m $27.1m | Added +1.1m |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.5m $27.1m | Added +58.2k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 1.5m $26.6m | Reduced -74.1k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 1.3m $22.8m | Reduced -1.2m |
| NORGES BANK 0.00% of their portfolio | 1.2m $21.1m | Added +174.8k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 1.2m $20.8m | Added +1.0m |
| TOWLE & CO 2.91% of their portfolio | 1.2m $20.6m | Reduced -9.6k |
| Schonfeld Strategic Advisors LLC 0.18% of their portfolio | 1.1m $19.2m | Reduced -2.4m |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.1m $18.8m | Added +10.2k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 1.1m $18.7m | Added +494.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.0m $18.1m | Added +929.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.0m $17.6m | Reduced -467.4k |
| BARCLAYS PLC 0.02% of their portfolio | 949.7k $16.6m | Reduced -217.8k |
| Point72 Asset Management, L.P. 0.06% of their portfolio | 939.9k $16.4m | Reduced -1.4m |
| JUPITER ASSET MANAGEMENT LTD 0.22% of their portfolio | 930.7k $16.3m | New |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 839.3k $14.7m | Reduced -9.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 776.3k $13.7m | Added +662.1k |
| PANAGORA ASSET MANAGEMENT INC 0.09% of their portfolio | 770.0k $13.5m | Added +326.2k |
| Legal & General Group Plc 0.00% of their portfolio | 753.0k $13.2m | Added +12.9k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 725.8k $12.7m | Reduced -1.4m |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 709.5k $12.4m | Reduced -151.4k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 704.6k $12.3m | Added +584.6k |
| Candriam S.C.A. 0.07% of their portfolio | 652.6k $10.5m | Added +521.2k |
| Man Group plc 0.04% of their portfolio | 603.0k $10.5m | New |
| Swiss National Bank 0.01% of their portfolio | 584.9k $10.2m | Reduced -69.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 523.3k $9.2m | Reduced -78.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 512.4k $9.0m | Added +7.9k |
| Retirement Systems of Alabama 0.04% of their portfolio | 510.1k $8.9m | Reduced -2.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 467.8k $8.2m | Added +101.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 454.6k $7.9m | Added +66.5k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio | 418.3k $7.3m | Reduced -3.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.04% of their portfolio | 416.5k $7.3m | Reduced -32.5k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 412.9k $7.2m | Added +208.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 407.3k $7.1m | Reduced -153.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 407.2k $7.1m | Added +51.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 400.0k $7.0m | Reduced -2.2m |
| Ensign Peak Advisors, Inc 0.01% of their portfolio | 382.6k $6.7m | Added +29.5k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 379.8k $6.6m | Reduced -7.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 362.3k $6.3m | Reduced -5.7k |
| TUDOR INVESTMENT CORP ET AL 0.12% of their portfolio | 360.9k $6.3m | Added +217.3k |
| Amundi 0.00% of their portfolio | 358.9k $6.6m | Added +350.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 357.9k $6.3m | Reduced -81.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 345.4k $6.0m | Reduced -5.1k |
| Cambria Investment Management, L.P. 0.48% of their portfolio | 332.5k $5.8m | Added +32.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 327.7k $5.7m | Reduced -53.2k |
| Parallax Volatility Advisers, L.P. 0.19% of their portfolio | 316.8k $5.5m | Added +5.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 311.7k $5.3m | Added +36.2k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio | 311.3k $5.4m | Reduced -33.4k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 309.8k $5.4m | Added +6.4k |
| Brandywine Global Investment Management, LLC 0.02% of their portfolio | 309.5k $5.4m | Added +52.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 304.3k $465.3k | Added +263.2k |
| CIBC WORLD MARKETS CORP 0.09% of their portfolio | 297.5k $5.2m | Reduced -198.5k |
| Hudson Bay Capital Management LP 0.03% of their portfolio | 290.3k $5.1m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 288.6k $5.0m | Reduced -1.6m |
| PEAK6 Investments LLC 0.32% of their portfolio | 288.1k $5.0m | Added +240.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 283.7k $5.0m | Added +157.9k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 268.6k $4.7m | Reduced -232.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 259.9k $4.5m | Reduced -14.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 253.2k $4.4m | Reduced -28.8k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 248.9k $4.4m | Added +11.7k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio | 243.1k $4.3m | Added +61.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 240.1k $4.2m | Reduced -275.6k |
| NOMURA HOLDINGS INC 0.04% of their portfolio | 230.1k $4.0m | New |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 218.3k $3.8m | Reduced -4.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 217.8k $3.8m | Reduced -5.0k |
| UBS Group AG 0.00% of their portfolio | 215.0k $3.8m | Added +47.7k |
| CITIGROUP INC 0.00% of their portfolio | 211.5k $3.7m | Reduced -56.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 210.9k $3.7m | Reduced -8.3k |
| Brookfield Corp /ON/ 0.01% of their portfolio | 208.4k $3.6m | New |