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 ($4.8m this quarter). Holder counts are more reliable. Shares outstanding: 277.4m as of 2024-08-03, 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 ≈ $19.20. Options: 36 managers hold calls ($188.1m notional), 30 hold puts ($215.0m).
Trends to Q2 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 |
| Q2 2024 | 409 |
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 |
| Q2 2024 | 176 | 197 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $169.9m | $188.2m | 1.11 |
| Q4 2023 | $421.8m | $595.3m | 1.41 |
| Q1 2024 | $316.1m | $424.9m | 1.34 |
| Q2 2024 | $188.1m | $215.0m | 1.14 |
Biggest buyers
| MARSHALL WACE, LLP | Added | +3.3m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.4m |
| Balyasny Asset Management L.P. | Added | +1.1m |
| GOLDMAN SACHS GROUP INC | Added | +1.1m |
| Verition Fund Management LLC | Added | +1.0m |
| MILLENNIUM MANAGEMENT LLC | Added | +755.6k |
| AMERICAN CENTURY COMPANIES INC | Added | +747.5k |
| BlackRock Inc. | Added | +666.4k |
| FMR LLC | Added | +654.7k |
| Fund 1 Investments, LLC | New | +495.0k |
Biggest sellers
| MORGAN STANLEY | Reduced | -7.3m |
| NOMURA HOLDINGS INC | Reduced | -5.4m |
| HSBC HOLDINGS PLC | Reduced | -2.2m |
| DEPRINCE RACE & ZOLLO INC | Sold out | -2.0m |
| BANK OF NOVA SCOTIA | Sold out | -1.9m |
| Laurion Capital Management LP | Sold out | -1.6m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.5m |
| CITADEL ADVISORS LLC | Reduced | -1.2m |
| Point72 Asset Management, L.P. | Reduced | -1.2m |
| Alyeska Investment Group, L.P. | Sold out | -1.2m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $41.3m2.2m shares |
| BARCLAYS PLC | Added | $21.7m1.1m shares |
| NOMURA HOLDINGS INC | Reduced | $16.9m879.0k shares |
| FIR TREE CAPITAL MANAGEMENT LP | New | $14.6m760.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $12.2m636.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.7m557.2k shares |
| CITADEL ADVISORS LLC | Reduced | $7.5m389.4k shares |
| GROUP ONE TRADING LLC | Reduced | $6.1m316.9k shares |
| Walleye Trading LLC | Added | $6.1m316.9k shares |
| Cubist Systematic Strategies, LLC | Added | $5.1m267.7k shares |
Biggest puts
| TIG Advisors, LLC | Added | $39.9m2.1m shares |
| CITADEL ADVISORS LLC | Reduced | $28.3m1.5m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $27.8m1.4m shares |
| Balyasny Asset Management L.P. | Added | $15.3m798.7k shares |
| JANE STREET GROUP, LLC | Added | $15.2m792.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $11.1m577.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $9.7m506.4k shares |
| Saba Capital Management, L.P. | Added | $9.2m480.0k shares |
| Walleye Trading LLC | Reduced | $6.5m339.7k shares |
| Walleye Capital LLC | Reduced | $6.1m320.3k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2024 | 0 | — | 5 | $1.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-04-01 | Gennette Jeffrey Director | Sold | $591.6k30.1k shares |
| 2024-04-01 | Spring Antony CEO & Chair-Elect, director | Sold | $291.7k14.9k shares |
| 2024-04-01 | Mitchell Adrian V EVP, COO & CFO | Sold | $260.7k13.3k shares |
| 2024-04-01 | Kirgan Danielle L. EVP, Chief Transformation & HR | Sold | $131.3k6.7k shares |
| 2024-04-01 | Griscom Paul SVP and Controller | Sold | $10.3k522 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 34.0m $651.9m | Reduced -173.1k |
| BlackRock Inc. 0.01% of their portfolio | 25.9m $496.9m | Added +666.4k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 15.5m $297.4m | Added +1.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio | 9.5m $182.6m | Reduced -1.5m |
| STATE STREET CORP 0.01% of their portfolio | 9.4m $182.4m | Reduced -1.2m |
| Newport Trust Company, LLC 0.36% of their portfolio | 7.4m $141.7m | Reduced -77.8k |
| LSV ASSET MANAGEMENT 0.23% of their portfolio | 5.4m $103.2m | Added +68.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.9m $94.3m | Added +173.6k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 4.7m $90.3m | Added +747.5k |
| FMR LLC 0.01% of their portfolio | 4.5m $86.3m | Added +654.7k |
| MARSHALL WACE, LLP 0.10% of their portfolio | 3.5m $67.9m | Added +3.3m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 3.2m $61.2m | Added +37.3k |
| TIG Advisors, LLC 5.00% of their portfolio | 3.2m $60.7m | Added +426.4k |
| MORGAN STANLEY 0.00% of their portfolio | 3.2m $60.7m | Reduced -7.3m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.07% of their portfolio | 3.2m $60.6m | Added +414.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.9m $56.0m | Added +1.1m |
| NORGES BANK 0.01% of their portfolio | 2.6m $49.9m | Reduced -397.0k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 2.6m $49.4m | Reduced -22.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.5m $48.8m | Added +41.9k |
| Invesco Ltd. 0.01% of their portfolio | 2.4m $46.9m | Added +138.3k |
| AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 2.4m $45.1m | Reduced -351.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 2.1m $40.9m | Added +48.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.0m $39.0m | Added +223.7k |
| Balyasny Asset Management L.P. 0.10% of their portfolio | 1.9m $37.1m | Added +1.1m |
| Douglas Lane & Associates, LLC 0.52% of their portfolio | 1.9m $36.9m | Reduced -66.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.9m $36.7m | Reduced -1.1m |
| Capital World Investors 0.01% of their portfolio | 1.9m $36.5m | Unchanged |
| Allianz Asset Management GmbH 0.06% of their portfolio | 1.9m $36.1m | Added +429.1k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 1.7m $32.6m | Added +755.6k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 1.5m $29.5m | Reduced -1.2m |
| Bandera Partners LLC 9.43% of their portfolio | 1.4m $26.0m | Added +280.8k |
| ROYCE & ASSOCIATES LP 0.24% of their portfolio | 1.4m $25.9m | Unchanged |
| TOWLE & CO 3.24% of their portfolio | 1.3m $24.8m | Added +2.4k |
| APPALOOSA LP 0.39% of their portfolio | 1.3m $24.3m | Reduced -135.0k |
| Candlestick Capital Management LP 0.92% of their portfolio | 1.2m $24.0m | Reduced -250.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.2m $23.3m | Added +74.0k |
| Verition Fund Management LLC 0.16% of their portfolio | 1.1m $20.2m | Added +1.0m |
| NOMURA HOLDINGS INC 0.13% of their portfolio | 1.0m $19.6m | Reduced -5.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 950.7k $18.3m | Added +339.8k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 920.1k $17.7m | Reduced -490.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 916.2k $17.6m | Reduced -115.5k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 791.9k $15.2m | Reduced -7.3k |
| Legal & General Group Plc 0.00% of their portfolio | 655.6k $12.6m | Reduced -71.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 621.7k $11.9m | Added +109.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 615.2k $11.8m | Added +1.1k |
| Alden Global Capital LLC 9.65% of their portfolio | 606.7k $11.6m | Added +218.1k |
| Invenomic Capital Management LP 0.60% of their portfolio | 601.2k $11.5m | Added +267.7k |
| Rockefeller Capital Management L.P. 0.03% of their portfolio | 595.2k $11.4m | Reduced -779.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 548.8k $10.5m | Added +102.6k |
| Swiss National Bank 0.01% of their portfolio | 539.4k $10.4m | Reduced -1.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 532.4k $10.2m | Added +136.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 516.5k $9.9m | Added +460.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 516.5k $9.9m | Reduced -323.5k |
| Retirement Systems of Alabama 0.04% of their portfolio | 495.5k $9.5m | Reduced -4.6k |
| Fund 1 Investments, LLC 1.31% of their portfolio | 495.0k $9.5m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 487.5k $9.4m | Added +18.7k |
| CastleKnight Management LP 1.24% of their portfolio | 483.1k $9.3m | Added +67.9k |
| AXA S.A. 0.01% of their portfolio | 475.9k $9.1m | Added +65.2k |
| Susquehanna Portfolio Strategies, LLC 0.37% of their portfolio | 464.8k $8.9m | Unchanged |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 451.4k $8.7m | Added +46.1k |
| BARCLAYS PLC 0.00% of their portfolio | 418.5k $8.0m | Reduced -33.1k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 414.6k $8.0m | Reduced -1.2m |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 395.3k $7.6m | Reduced -8.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 372.5k $7.2m | Reduced -12.4k |
| Corebridge Financial, Inc. 0.04% of their portfolio | 348.0k $6.7m | First filing |
| READYSTATE ASSET MANAGEMENT LP 0.31% of their portfolio | 340.4k $6.5m | Added +81.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 336.2k $6.5m | Added +100.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 334.5k $6.4m | Reduced -55.9k |
| Squarepoint Ops LLC 0.02% of their portfolio | 332.5k $6.4m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 330.5k $6.3m | Added +19.4k |
| Trexquant Investment LP 0.09% of their portfolio | 319.8k $6.1m | New |
| STOREBRAND ASSET MANAGEMENT AS 0.02% of their portfolio | 298.4k $5.7m | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 291.7k $5.6m | Reduced -2.2m |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 280.9k $5.4m | Reduced -19.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 275.8k $5.2m | Reduced -9.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 274.7k $5.3m | Reduced -6.5k |
| Ensign Peak Advisors, Inc 0.01% of their portfolio | 272.0k $5.2m | Added +170.1k |
| Hudson Bay Capital Management LP 0.04% of their portfolio | 267.1k $5.1m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 238.7k $4.6m | Added +485 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 236.7k $4.5m | Added +7.1k |
| Dana Investment Advisors, Inc. 0.15% of their portfolio | 235.5k $4.5m | Reduced -6.1k |
| ALGERT GLOBAL LLC 0.15% of their portfolio | 230.6k $4.4m | Added +153.8k |
| Crossmark Global Holdings, Inc. 0.08% of their portfolio | 218.8k $4.2m | Added +91.3k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 215.6k $4.1m | Added +119.1k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 213.2k $4.1m | Added +53.5k |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 1.20% of their portfolio | 198.2k $3.8m | Added +1.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 195.7k $3.8m | Reduced -6.7k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 195.0k $3.7m | Reduced -384.3k |
| Illinois Municipal Retirement Fund 0.06% of their portfolio | 194.8k $3.7m | Unchanged |
| Quantedge Capital Pte Ltd 1.32% of their portfolio | 190.3k $3.7m | New |
| GABELLI FUNDS LLC 0.03% of their portfolio | 189.9k $3.6m | Added +30.2k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.08% of their portfolio | 188.1k $3.6m | Added +49.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 179.2k $3.4m | Reduced -1.9k |
| Waterfront Wealth Inc. 0.91% of their portfolio | 174.7k $3.4m | Added +2.7k |
| AMALGAMATED BANK 0.03% of their portfolio | 172.3k $3.3m | Reduced -14.2k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 160.9k $3.1m | Reduced -355.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 159.0k $3.1m | Reduced -3.8k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 157.5k $3.0m | Reduced -5.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 150.6k $2.9m | Added +9.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 146.0k $2.8m | Added +4.1k |