In the third quarter, Diversified Trust Co reduced its holdings in Target Corporation by 44.9%, selling 5,769 shares and ending the period with 7,076 shares. At the close of that quarter, the fund’s remaining position in the retailer was valued at $635,000, marking a substantial pullback from its prior commitment to the company’s equity.

While Diversified Trust Co was cutting back, several other institutional investors increased their positions. Brighton Jones LLC more than doubled its stake, adding 3,059 shares for a 101.3% gain and finishing the quarter with 6,080 shares worth $822,000. EP Wealth Advisors LLC lifted its holding by 3.1%, acquiring an extra 501 shares to hold 16,826 shares valued at $1.756 million. AlTi Global Inc. added 172 shares (a 5.3% rise) to reach 3,399 shares worth $355,000, and Advisors Asset Management Inc. expanded its position by 14,623 shares (a 60.7% increase), bringing its total to 38,698 shares valued at $4.039 million. AQR Capital Management LLC also boosted its stake by 6.7%, purchasing 47,831 shares to hold 761,621 shares worth $77.845 million.

Institutional investors collectively own 79.73% of Target’s outstanding stock, underscoring the company’s reliance on large‐scale asset managers for liquidity and market support. The contrasting moves—substantial reductions by some funds versus aggressive accumulation by others—highlight divergent views on Target’s near‐term recovery prospects and the resilience of its retail operations.