What Do Hedge Funds Think of Kohl’s Corporation (KSS)?

We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the government. The 13F filings show the funds’ and investors’ portfolio positions as of September 30. In this article we look at what those investors think of Kohl’s Corporation (NYSE:KSS).

Kohl’s Corporation (NYSE:KSS) investors should be aware of a decrease in support from the world’s most elite money managers in recent months. At the end of this article we will also compare KSS to other stocks including Hasbro, Inc. (NASDAQ:HAS), Nasdaq Inc (NASDAQ:NDAQ), and Arch Capital Group Ltd. (NASDAQ:ACGL) to get a better sense of its popularity.

To the average investor there are many formulas shareholders employ to evaluate stocks. Some of the most underrated formulas are hedge fund and insider trading signals. Our experts have shown that, historically, those who follow the best picks of the top investment managers can trounce their index-focused peers by a solid amount (see the details here).

Now, we’re going to go over the recent action surrounding Kohl’s Corporation (NYSE:KSS).

Hedge fund activity in Kohl’s Corporation (NYSE:KSS)

At the end of the third quarter, a total of 29 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of -12% from the second quarter. With hedge funds’ positions undergoing their usual ebb and flow, there exists a few noteworthy hedge fund managers who were upping their holdings considerably (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Winton Capital Management, managed by David Harding, holds the number one position in Kohl’s Corporation (NYSE:KSS). Winton Capital Management has a $73 million position in the stock, comprising 0.6% of its 13F portfolio. Coming in second is AQR Capital Management, managed by Cliff Asness, which holds a $31.8 million position; 0.1% of its 13F portfolio is allocated to the company. Other hedge funds and institutional investors that are bullish encompass Glenn Russell Dubin’s Highbridge Capital Management, Jim Simons’ Renaissance Technologies and Ray Dalio’s Bridgewater Associates.