Macy's Sees Significant Institutional Buying

Royal Bank of Canada increased its position in Macy's Inc. shares by 149.3% in the first quarter, according to its most recent 13F filing with the SEC.

The firm owned about 0.07% of Macy's worth $3.175 million as of its most recent filing with the SEC.

This is not an isolated instance; other hedge funds have also recently bought and sold shares of the business, including Norges Bank, Marshall Wace LLP, SG Americas Securities LLC, Goldman Sachs Group Inc., and Invesco Ltd.