Quantitative Investment Management Invests $1.71M in Target

Hedge fund takes new stake in retail giant

Mar. 13, 2026 at 10:40am

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Quantitative Investment Management LLC acquired a new stake of 19,115 shares in Target Corporation (NYSE:TGT) during the third quarter, valued at approximately $1.71 million. The investment comes as Target has seen its stock price rise over the past year, with the company reporting strong financial results.

Why it matters

This investment by Quantitative Investment Management represents a vote of confidence in Target's business and future prospects. As a major institutional investor, their decision to take a new position in Target could signal that the retailer is seen as an attractive investment opportunity by sophisticated market participants.

The details

According to a recent SEC filing, Quantitative Investment Management acquired the new stake in Target during the third quarter of the year. The 19,115 shares are valued at around $1.71 million based on Target's current stock price. This marks a new investment for the hedge fund in the retail giant.

  • Quantitative Investment Management acquired the new Target stake in the third quarter of 2026.

The players

Quantitative Investment Management LLC

A hedge fund that acquired a new $1.71 million stake in Target Corporation.

Target Corporation

A major U.S. retailer headquartered in Minneapolis, Minnesota that operates a network of full-line and small-format stores across the country.

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The takeaway

This new investment by Quantitative Investment Management underscores the confidence that sophisticated institutional investors have in Target's business model and growth prospects. As a major player in the retail sector, Target's performance will likely continue to be closely watched by the investment community.