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 ($4.6m this quarter). Holder counts are more reliable. Shares outstanding: 274.3m as of 2024-03-01, 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 ≈ $19.99. Options: 48 managers hold calls ($316.1m notional), 46 hold puts ($424.9m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 401 |
| Q4 2022 | 441 |
| Q1 2023 | 426 |
| Q2 2023 | 378 |
| Q3 2023 | 386 |
| Q4 2023 | 415 |
| Q1 2024 | 425 |
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 |
| Q2 2023 | 167 | 227 |
| Q3 2023 | 197 | 195 |
| Q4 2023 | 201 | 209 |
| Q1 2024 | 205 | 192 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $152.0m | $206.4m | 1.36 |
| Q3 2023 | $169.9m | $188.2m | 1.11 |
| Q4 2023 | $421.8m | $595.3m | 1.41 |
| Q1 2024 | $316.1m | $424.9m | 1.34 |
Biggest buyers
| MORGAN STANLEY | Added | +2.9m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | New | +2.7m |
| TIG Advisors, LLC | Added | +2.7m |
| BANK OF NOVA SCOTIA | New | +1.9m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.7m |
| HSBC HOLDINGS PLC | Added | +1.6m |
| Laurion Capital Management LP | New | +1.6m |
| Candlestick Capital Management LP | New | +1.5m |
| JPMORGAN CHASE & CO | Added | +1.4m |
| Alyeska Investment Group, L.P. | New | +1.2m |
Biggest sellers
| NOMURA HOLDINGS INC | Reduced | -13.0m |
| APPALOOSA LP | Reduced | -3.0m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.9m |
| JANE STREET GROUP, LLC | Reduced | -2.1m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -1.9m |
| CITADEL ADVISORS LLC | Reduced | -1.9m |
| TORONTO DOMINION BANK | Sold out | -1.8m |
| Crestline Management, L.P. | Sold out | -1.6m |
| NATIXIS | Reduced | -1.3m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.0m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $52.0m2.6m shares |
| NOMURA HOLDINGS INC | Reduced | $45.6m2.3m shares |
| SIMPLEX TRADING, LLC | Added | $25.5m1.3m shares |
| CITADEL ADVISORS LLC | Added | $20.8m1.0m shares |
| D. E. Shaw & Co., Inc. | Added | $18.0m902.9k shares |
| LMR Partners LLP | Added | $11.1m553.0k shares |
| JPMORGAN CHASE & CO | New | $11.0m552.0k shares |
| UBS Group AG | Added | $10.1m506.2k shares |
| Candlestick Capital Management LP | New | $10.0m500.0k shares |
| GROUP ONE TRADING LLC | Added | $8.7m437.6k shares |
Biggest puts
| NOMURA HOLDINGS INC | Reduced | $80.6m4.0m shares |
| CITADEL ADVISORS LLC | Reduced | $38.1m1.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $36.1m1.8m shares |
| BARCLAYS PLC | Reduced | $35.9m1.8m shares |
| GOLDMAN SACHS GROUP INC | Added | $23.7m1.2m shares |
| D. E. Shaw & Co., Inc. | Reduced | $21.3m1.1m shares |
| SIMPLEX TRADING, LLC | Reduced | $19.2m962.5k shares |
| TIG Advisors, LLC | Added | $18.1m907.1k shares |
| LMR Partners LLP | New | $15.9m797.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $15.6m781.8k 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 2024
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 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 5 | $4.1m | — |
| Q4 2022 | 0 | — | 1 | $77.0k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 1 | $127.9k | — |
| Q3 2023 | 0 | — | 5 | $2.6m | — |
| Q4 2023 | 0 | — | 1 | $837.0k | — |
| Q1 2024 | 0 | — | 5 | $4.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-26 | Gennette Jeffrey Director | Sold | $527.4k27.1k shares |
| 2024-03-26 | Kirgan Danielle L. EVP, Chief Transformation & HR | Sold | $137.2k7.1k shares |
| 2024-03-26 | Spring Antony CEO & Chair-Elect, director | Sold | $111.8k5.8k shares |
| 2024-03-26 | Mitchell Adrian V EVP, COO & CFO | Sold | $93.5k4.8k shares |
| 2024-03-26 | Griscom Paul SVP and Controller | Sold | $17.8k918 shares |
| 2024-03-25 | Gennette Jeffrey Director | Sold | $397.7k19.6k shares |
| 2024-03-25 | Mitchell Adrian V EVP, COO & CFO | Sold | $69.7k3.4k shares |
| 2024-03-25 | Kirgan Danielle L. EVP, Chief Transformation & HR | Sold | $66.4k3.3k shares |
| 2024-03-25 | Spring Antony CEO & Chair-Elect, director | Sold | $62.4k3.1k shares |
| 2024-03-25 | Griscom Paul SVP and Controller | Sold | $6.9k340 shares |
| 2024-03-22 | Gennette Jeffrey Director | Sold | $1.6m78.6k shares |
| 2024-03-22 | Kirgan Danielle L. EVP, Chief Transformation & HR | Sold | $307.7k15.1k shares |
| 2024-03-22 | Spring Antony CEO & Chair-Elect, director | Sold | $273.7k13.4k shares |
| 2024-03-22 | Mitchell Adrian V EVP, COO & CFO | Sold | $270.5k13.2k shares |
| 2024-03-22 | Griscom Paul SVP and Controller | Sold | $60.7k3.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 34.1m $682.2m | Reduced -841.7k |
| BlackRock Inc. 0.01% of their portfolio | 25.2m $504.0m | Added +70.8k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 14.1m $282.1m | Added +1.7m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.20% of their portfolio | 11.0m $220.3m | Reduced -592.0k |
| STATE STREET CORP 0.01% of their portfolio | 10.6m $213.0m | Reduced -411.4k |
| MORGAN STANLEY 0.01% of their portfolio | 10.4m $208.7m | Added +2.9m |
| Newport Trust Company, LLC 0.41% of their portfolio | 7.5m $149.1m | Reduced -159.4k |
| NOMURA HOLDINGS INC 1.04% of their portfolio | 6.4m $128.1m | Reduced -13.0m |
| LSV ASSET MANAGEMENT 0.22% of their portfolio | 5.3m $106.1m | Reduced -222.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.7m $94.6m | Added +282.4k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 4.0m $79.1m | Added +111.9k |
| FMR LLC 0.01% of their portfolio | 3.8m $76.8m | Added +916.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 3.1m $62.9m | Reduced -167.0k |
| NORGES BANK 0.01% of their portfolio | 3.0m $59.9m | Reduced -110.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.0m $59.5m | Added +1.4m |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 2.8m $55.5m | Reduced -1.9m |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 2.7m $54.4m | Reduced -990.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio | 2.7m $54.8m | New |
| TIG Advisors, LLC 6.38% of their portfolio | 2.7m $54.7m | Added +2.7m |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 2.6m $51.9m | Reduced -15.8k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 2.5m $50.3m | Added +1.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.5m $50.0m | Added +130.0k |
| Invesco Ltd. 0.01% of their portfolio | 2.3m $46.1m | Added +745.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 2.1m $41.6m | Added +306.4k |
| DEPRINCE RACE & ZOLLO INC 0.87% of their portfolio | 2.0m $40.5m | Added +844.0k |
| Douglas Lane & Associates, LLC 0.56% of their portfolio | 2.0m $39.8m | Reduced -52.7k |
| Capital World Investors 0.01% of their portfolio | 1.9m $38.0m | Unchanged |
| BANK OF NOVA SCOTIA 0.08% of their portfolio | 1.9m $37.3m | New |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.8m $36.9m | Added +49.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.8m $36.1m | Reduced -241.3k |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 1.6m $31.8m | Added +452.7k |
| Laurion Capital Management LP 0.87% of their portfolio | 1.6m $31.4m | New |
| Candlestick Capital Management LP 0.99% of their portfolio | 1.5m $30.0m | New |
| Allianz Asset Management GmbH 0.05% of their portfolio | 1.5m $29.0m | Reduced -175.5k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 1.4m $28.2m | Reduced -585.9k |
| APPALOOSA LP 0.42% of their portfolio | 1.4m $28.0m | Reduced -3.0m |
| Rockefeller Capital Management L.P. 0.08% of their portfolio | 1.4m $27.5m | Added +127.3k |
| ROYCE & ASSOCIATES LP 0.24% of their portfolio | 1.4m $27.0m | Reduced -55.0k |
| TOWLE & CO 3.02% of their portfolio | 1.3m $25.7m | Added +510.8k |
| Alyeska Investment Group, L.P. 0.14% of their portfolio | 1.2m $23.2m | New |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.1m $22.8m | Reduced -145.8k |
| Bandera Partners LLC 8.37% of their portfolio | 1.1m $21.5m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.0m $20.6m | Added +27.2k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 941.0k $18.8m | Reduced -2.9m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 840.0k $16.8m | Added +208.1k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 834.2k $16.7m | Added +406.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 799.2k $16.0m | Reduced -20.9k |
| Legal & General Group Plc 0.00% of their portfolio | 727.5k $14.5m | Reduced -27.7k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.46% of their portfolio | 707.5k $14.1m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 614.1k $12.3m | Added +119.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 610.9k $12.2m | Added +53.1k |
| TUDOR INVESTMENT CORP ET AL 0.14% of their portfolio | 579.3k $11.6m | Added +529.8k |
| Swiss National Bank 0.01% of their portfolio | 541.1k $10.8m | Added +1.8k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 516.8k $10.3m | Added +160.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 512.0k $10.2m | Reduced -2.1m |
| Retirement Systems of Alabama 0.04% of their portfolio | 500.1k $10.0m | Added +1.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 468.8k $9.4m | Reduced -6.4k |
| Susquehanna Portfolio Strategies, LLC 0.22% of their portfolio | 464.8k $9.3m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 451.6k $9.0m | Reduced -555.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 446.2k $8.7m | Reduced -65.8k |
| Walleye Capital LLC 0.09% of their portfolio | 431.6k $8.6m | Added +392.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 425.5k $8.5m | Reduced -1.0m |
| CastleKnight Management LP 1.22% of their portfolio | 415.2k $8.3m | Added +18.1k |
| AXA S.A. 0.02% of their portfolio | 410.7k $8.2m | Reduced -449.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 405.3k $8.1m | Added +145.8k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 404.6k $8.1m | Reduced -77.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 403.5k $8.1m | Added +312.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 396.0k $7.9m | Reduced -263.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 390.4k $7.8m | Added +122.0k |
| Alden Global Capital LLC 5.84% of their portfolio | 388.6k $7.8m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 385.0k $7.7m | Reduced -264.6k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio | 362.8k $7.3m | Reduced -6.8k |
| Beryl Capital Management LLC 8.55% of their portfolio | 350.9k $7.0m | New |
| Invenomic Capital Management LP 0.35% of their portfolio | 333.5k $6.7m | Reduced -629.3k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio | 322.4k $6.4m | Reduced -64.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 311.1k $6.2m | Added +1.6k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 300.1k $6.0m | Reduced -65.4k |
| STOREBRAND ASSET MANAGEMENT AS 0.02% of their portfolio | 298.4k $6.0m | Unchanged |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 285.3k $5.6m | Reduced -2.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 281.2k $5.6m | Reduced -14.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 274.2k $5.5m | Reduced -94.8k |
| GLENMEDE TRUST CO NA 0.03% of their portfolio | 271.8k $5.4m | Added +63.1k |
| READYSTATE ASSET MANAGEMENT LP 0.18% of their portfolio | 259.0k $5.2m | Added +152.0k |
| Dana Investment Advisors, Inc. 0.16% of their portfolio | 241.6k $4.8m | New |
| TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio | 239.9k $4.8m | Added +3.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 238.2k $4.8m | Added +8.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 235.6k $4.7m | Added +24.4k |
| Brevan Howard Capital Management LP 0.42% of their portfolio | 230.0k $4.6m | New |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 229.6k $4.6m | Added +334 |
| MARSHALL WACE, LLP 0.01% of their portfolio | 215.6k $4.3m | Reduced -247.5k |
| Boussard & Gavaudan Investment Management LLP 0.60% of their portfolio | 211.4k $4.2m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 202.4k $4.0m | Reduced -26.0k |
| LMR Partners LLP 0.10% of their portfolio | 198.5k $4.0m | New |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 1.08% of their portfolio | 197.2k $3.9m | Added +12.0k |
| BARINGTON COMPANIES MANAGEMENT, LLC 3.84% of their portfolio | 195.0k $3.9m | Added +109.8k |
| Illinois Municipal Retirement Fund 0.06% of their portfolio | 194.8k $3.9m | Unchanged |
| Parallax Volatility Advisers, L.P. 0.11% of their portfolio | 192.9k $3.9m | New |
| AMALGAMATED BANK 0.03% of their portfolio | 186.5k $3.7m | Added +14.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 181.0k $3.6m | Reduced -17.7k |
| Walleye Trading LLC 0.06% of their portfolio | 176.2k $3.5m | Reduced -169.3k |