Major Funds Buying Shares of Gap in Latest Quarterly Filing

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Gap Inc. (NYSE:GPS).

SEC data indicate that these institutions significantly increased their stock shares of Gap Inc. in Q3 2011:

HUSSMAN ECONOMETRICS ADVISORS, INC.: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,500,000 shares, worth $24,195,000.

SMITHWOOD ADVISERS, L.P.: On 06/30/2011, held 0 shares. On 09/30/2011, held 500,000 shares, worth $8,065,000.

COMMERZBANK AKTIENGESELLSCHAFT /FI: On 06/30/2011, held 0 shares. On 09/30/2011, held 392,539 shares, worth $6,331,654.

KLEINHEINZ CAPITAL PARTNERS, INC.: On 06/30/2011, held 0 shares. On 09/30/2011, held 350,000 shares, worth $5,645,500.

BRIDGEWATER ASSOCIATES, LP: On 06/30/2011, held 0 shares. On 09/30/2011, held 337,939 shares, worth $5,450,956.

About the company: The Gap, Inc., is an international specialty retailer operating retail and outlet stores. The Company sells casual apparel, accessories and personal care products for men, women, and children. The Gap operates stores in the United States, Canada, the United Kingdom, France, Ireland, and Japan.

Competitors to Watch: Urban Outfitters, Inc. (NASDAQ:URBN), Abercrombie & Fitch Co. (NYSE:ANF), The Gymboree Corporation (GYMB), The Buckle, Inc. (NYSE:BKE), American Eagle Outfitters (NYSE:AEO), J. Crew Group, Inc. (NYSE:JCG), Aeropostale, Inc. (NYSE:ARO), Children’s Place Retail Stores, Inc. (NASDAQ:PLCE), The Walking Co. Hldgs., Inc. (WALK), and The Wet Seal, Inc. (NASDAQ:WTSLA).

(Note: Data regarding Gap Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com