Macy's, Inc. (M) — Smart Money Tracker (13F, Q2 2026)

M ranks #1170 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

M is a top-conviction position for Barington Companies Management, LLC — at 21.1% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in M belongs to BlackRock, Inc., but the position matters far more to Barington Companies Management, LLC, who has 21.1% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Charles Schwab Investment Management Inc has added to its M position for two straight quarters, increasing it by $159.4M to reach $230.8M today.

Canada Pension Plan Investment Board has trimmed its M position for two straight quarters, cutting it by $32.1M while still holding $5.4M.

M is down 0.2% today, but institutions show net buying of $666.1M this quarter — a divergence between today's price move and the underlying institutional flow.

M posted net income of $668.0M over the trailing twelve months.

• Profitable — net income of $668.0M over the trailing twelve months
• Revenue declined 2.0% year over year
• Net income improved year over year, from $582.0M to $668.0M
• Generated $1.4B in positive operating cash flow
• Current ratio of 1.49x — below the conventional 1.5x liquidity buffer
• Liabilities run 3.34x equity — a highly leveraged balance sheet worth noting