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 ($16.7m this quarter). Holder counts are more reliable. Shares outstanding: 265.9m as of 2025-11-29, 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 ≈ $22.05. Options: 23 managers hold calls ($158.4m notional), 28 hold puts ($263.1m).
Trends to Q4 2025
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 |
| Q3 2024 | 427 |
| Q4 2024 | 415 |
| Q1 2025 | 414 |
| Q2 2025 | 413 |
| Q3 2025 | 438 |
| Q4 2025 | 501 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 205 | 192 |
| Q2 2024 | 176 | 197 |
| Q3 2024 | 207 | 207 |
| Q4 2024 | 185 | 202 |
| Q1 2025 | 201 | 181 |
| Q2 2025 | 216 | 176 |
| Q3 2025 | 216 | 188 |
| Q4 2025 | 262 | 200 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $69.7m | $112.5m | 1.61 |
| Q2 2025 | $109.0m | $125.9m | 1.16 |
| Q3 2025 | $164.8m | $254.5m | 1.54 |
| Q4 2025 | $158.4m | $263.1m | 1.66 |
Biggest buyers
| MARSHALL WACE, LLP | New | +3.2m |
| GOLDMAN SACHS GROUP INC | Added | +2.8m |
| Balyasny Asset Management L.P. | New | +2.5m |
| PRUDENTIAL FINANCIAL INC | Added | +2.1m |
| WEDGE CAPITAL MANAGEMENT L L P/NC | New | +1.4m |
| CITADEL ADVISORS LLC | Added | +1.4m |
| Pacer Advisors, Inc. | Added | +1.3m |
| LSV ASSET MANAGEMENT | Added | +1.2m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.2m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +1.0m |
Biggest sellers
| FMR LLC | Reduced | -8.8m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -4.7m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -2.8m |
| Squarepoint Ops LLC | Sold out | -1.9m |
| JPMORGAN CHASE & CO | Reduced | -1.6m |
| BARCLAYS PLC | Reduced | -1.5m |
| MORGAN STANLEY | Reduced | -1.2m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -802.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -777.4k |
| COOPER CREEK PARTNERS MANAGEMENT LLC | Sold out | -740.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $24.9m1.1m shares |
| CITADEL ADVISORS LLC | Reduced | $22.3m1.0m shares |
| BARCLAYS PLC | Reduced | $22.1m1.0m shares |
| ADAPT Investment Managers SA | Unchanged | $22.1m1.0m shares |
| IMC-Chicago, LLC | Added | $12.6m569.9k shares |
| Squarepoint Ops LLC | Added | $11.5m520.9k shares |
| Walleye Trading LLC | Added | $9.7m439.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.4m242.7k shares |
| JANE STREET GROUP, LLC | Reduced | $4.0m180.8k shares |
| Brevan Howard Capital Management LP | New | $3.4m155.1k shares |
Biggest puts
| BARCLAYS PLC | Added | $58.7m2.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $35.6m1.6m shares |
| ADAPT Investment Managers SA | Unchanged | $33.1m1.5m shares |
| CITADEL ADVISORS LLC | Reduced | $28.0m1.3m shares |
| Walleye Trading LLC | Added | $21.2m961.7k shares |
| IMC-Chicago, LLC | Added | $12.9m585.8k shares |
| SIMPLEX TRADING, LLC | Added | $11.6m524.3k shares |
| PEAK6 LLC | Unchanged | $9.7m440.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $9.2m418.2k shares |
| JANE STREET GROUP, LLC | Added | $8.7m394.6k 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 Q4 2025
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 |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 5 | $4.0m | — |
| Q2 2024 | 0 | — | 5 | $1.3m | — |
| Q3 2024 | 0 | — | 4 | $1.0m | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 6 | $978.5k | — |
| Q2 2025 | 0 | — | 4 | $1.6m | — |
| Q3 2025 | 0 | — | 2 | $4.6m | — |
| Q4 2025 | 0 | — | 2 | $2.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-11 | Kirgan Danielle L. EVP, Chief HR Officer | Sold | $2.0m85.0k shares |
| 2025-12-08 | Bron Olivier CEO, Bloomingdale's | Sold | $299.8k13.5k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 27.1m $598.1m | Added +47.7k |
| VANGUARD GROUP INC 0.01% of their portfolio | 25.9m $570.1m | Reduced -515.6k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 16.1m $356.0m | Added +494.3k |
| AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio | 11.1m $245.4m | Added +366.9k |
| RWC Asset Management LLP 11.88% of their portfolio | 11.0m $241.8m | Added +62.8k |
| STATE STREET CORP 0.01% of their portfolio | 9.3m $206.2m | Added +17.1k |
| Newport Trust Company, LLC 0.37% of their portfolio | 7.0m $154.1m | Reduced -176.3k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 6.8m $150.4m | Added +2.8m |
| LSV ASSET MANAGEMENT 0.29% of their portfolio | 6.0m $132.4m | Added +1.2m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio | 5.0m $110.7m | Reduced -4.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 5.0m $109.8m | Reduced -123.1k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 4.8m $105.8m | Added +1.4m |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 4.0m $87.7m | Added +1.2m |
| NORGES BANK 0.01% of their portfolio | 3.9m $85.0m | Not comparable |
| MORGAN STANLEY 0.01% of their portfolio | 3.8m $83.8m | Reduced -1.2m |
| Invesco Ltd. 0.01% of their portfolio | 3.7m $81.6m | Reduced -508.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.2m $71.4m | Reduced -14.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 3.2m $69.9m | Reduced -2.8m |
| MARSHALL WACE, LLP 0.07% of their portfolio | 3.2m $69.6m | New |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.6m $57.9m | Reduced -495.9k |
| UBS Group AG 0.01% of their portfolio | 2.6m $56.6m | Reduced -379.3k |
| Allianz Asset Management GmbH 0.06% of their portfolio | 2.5m $55.6m | Reduced -701.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.5m $55.5m | Reduced -108.2k |
| Balyasny Asset Management L.P. 0.10% of their portfolio | 2.5m $55.1m | New |
| PRUDENTIAL FINANCIAL INC 0.07% of their portfolio | 2.5m $54.4m | Added +2.1m |
| HENNESSY ADVISORS INC 1.83% of their portfolio | 2.3m $51.7m | Reduced -130.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 1.7m $37.5m | Added +207.7k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 1.6m $34.2m | Added +331.8k |
| Quantinno Capital Management LP 0.06% of their portfolio | 1.4m $31.9m | Added +949.3k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.55% of their portfolio | 1.4m $30.7m | New |
| Pacer Advisors, Inc. 0.08% of their portfolio | 1.3m $29.5m | Added +1.3m |
| BARINGTON COMPANIES MANAGEMENT, LLC 18.81% of their portfolio | 1.3m $28.7m | Unchanged |
| Douglas Lane & Associates, LLC 0.38% of their portfolio | 1.3m $27.9m | Reduced -63.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 1.2m $25.6m | Added +1.0m |
| ROYCE & ASSOCIATES LP 0.25% of their portfolio | 1.1m $24.7m | Reduced -166.0k |
| Nuveen, LLC 0.01% of their portfolio | 1.1m $24.6m | Added +363.8k |
| Gotham Asset Management, LLC 0.08% of their portfolio | 1.0m $22.9m | Added +327.8k |
| Ceredex Value Advisors LLC 0.69% of their portfolio | 1.0m $22.8m | Added +328.1k |
| Trexquant Investment LP 0.20% of their portfolio | 1.0m $22.2m | Added +256.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 956.9k $21.1m | Reduced -29.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 939.1k $20.7m | Reduced -45.3k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 897.1k $19.8m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 812.9k $17.9m | Added +257.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 792.5k $17.5m | Reduced -777.4k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 767.9k $16.9m | Added +586.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 767.1k $16.9m | Reduced -1.6m |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 726.1k $16.0m | Reduced -513.5k |
| Bridgewater Associates, LP 0.06% of their portfolio | 720.5k $15.9m | Added +681.3k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 705.7k $15.6m | Reduced -31.7k |
| FMR LLC 0.00% of their portfolio | 695.2k $15.3m | Reduced -8.8m |
| SEI INVESTMENTS CO 0.02% of their portfolio | 692.8k $15.3m | Added +176.4k |
| Invenomic Capital Management LP 0.70% of their portfolio | 653.7k $14.4m | Added +1.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 626.1k $13.8m | Reduced -133.3k |
| Corient Private Wealth LP 0.01% of their portfolio | 597.7k $11.7m | Added +405.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 577.7k $12.7m | Reduced -25.9k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.02% of their portfolio | 550.1k $12.1m | First filing |
| Susquehanna Portfolio Strategies, LLC 0.18% of their portfolio | 531.5k $11.7m | Added +108.5k |
| Swiss National Bank 0.01% of their portfolio | 529.4k $11.7m | Added +2.8k |
| Brandywine Global Investment Management, LLC 0.08% of their portfolio | 511.4k $11.3m | Added +375.0k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 498.9k $11.0m | Reduced -51.2k |
| Legal & General Group Plc 0.00% of their portfolio | 497.9k $11.0m | Reduced -117.1k |
| Empowered Funds, LLC 0.19% of their portfolio | 494.7k $10.9m | Added +13.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 486.0k $10.7m | Added +255 |
| ALGERT GLOBAL LLC 0.15% of their portfolio | 444.6k $9.8m | New |
| Man Group plc 0.02% of their portfolio | 433.4k $9.6m | Added +433.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 421.5k $9.3m | Reduced -179.9k |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 415.5k $9.2m | New |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 414.4k $9.1m | Added +412.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 393.1k $8.7m | Added +390.0k |
| Cambria Investment Management, L.P. 0.50% of their portfolio | 390.7k $8.6m | Added +378.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 389.1k $8.6m | Reduced -166.6k |
| Voleon Capital Management LP 0.18% of their portfolio | 381.5k $8.4m | Added +217.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 380.3k $8.4m | Reduced -53.4k |
| Shellback Capital, LP 0.75% of their portfolio | 357.0k $7.9m | New |
| BARCLAYS PLC 0.00% of their portfolio | 336.7k $7.4m | Reduced -1.5m |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 327.8k $7.2m | Added +163.7k |
| Dupree Financial Group, LLC 2.60% of their portfolio | 323.6k $7.1m | Reduced -486.9k |
| Retirement Systems of Alabama 0.02% of their portfolio | 322.2k $7.1m | Reduced -6.1k |
| Crossmark Global Holdings, Inc. 0.10% of their portfolio | 319.9k $7.1m | Added +246.2k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 310.3k $6.8m | Added +308.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 309.3k $6.8m | Reduced -6.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 307.3k $6.8m | Reduced -92.8k |
| CAPITAL FUND MANAGEMENT S.A. 0.06% of their portfolio | 299.3k $6.6m | Added +30.0k |
| Weiss Asset Management LP 0.09% of their portfolio | 295.4k $6.5m | Not comparable |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 292.3k $6.4m | Reduced -189.6k |
| CastleKnight Management LP 0.37% of their portfolio | 291.7k $6.4m | Reduced -153.8k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.04% of their portfolio | 288.3k $6.4m | Added +147.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 277.9k $6.1m | Reduced -7.2k |
| ZACKS INVESTMENT MANAGEMENT 0.05% of their portfolio | 276.4k $6.1m | Added +59.1k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.02% of their portfolio | 264.7k $5.8m | Added +141.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 255.7k $5.6m | Reduced -868 |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio | 252.4k $5.6m | Added +169.7k |
| Verition Fund Management LLC 0.03% of their portfolio | 248.6k $5.5m | Reduced -485.7k |
| Dana Investment Advisors, Inc. 0.15% of their portfolio | 235.5k $5.2m | Reduced -15.4k |
| VestGen Advisors, LLC 0.22% of their portfolio | 234.2k $5.2m | New |
| BWCP, LP 0.85% of their portfolio | 233.3k $5.1m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 218.3k $4.8m | Added +9.0k |
| EXCHANGE TRADED CONCEPTS, LLC 0.04% of their portfolio | 214.5k $4.7m | New |
| STOREBRAND ASSET MANAGEMENT AS 0.01% of their portfolio | 214.2k $4.7m | Reduced -72.2k |
| SG Americas Securities, LLC 0.01% of their portfolio | 211.8k $4.7m | Added +32.2k |