Fossil Group
FOSL
158 hedge funds and large institutions have $419M invested in Fossil Group in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 73 increasing their positions, 44 reducing their positions, and 42 closing their positions.
66% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14.05% less ownership
Funds ownership: 106.59% → 92.54% (-14%)
15% less funds holding
Funds holding: 186 → 158 (-28)
22% less capital invested
Capital invested by funds: $535M → $419M (-$116M)
60% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 42
63% less call options, than puts
Call options by funds: $11.5M | Put options by funds: $31.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$12.3M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
+$10.8M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$8.72M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$4.8M |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$20M |
| 2 |
Morgan Stanley
New York
|
-$13.5M |
| 3 |
Millennium Management
New York
|
-$10.9M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$8.41M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.99M |
FOSL Hedge Fund Activity: Q3 2017 in Review
158 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Fossil Group (FOSL) for Q3 2017, worth a combined $419M — down 22% from $535M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of FOSL and 17 opened new positions — a net loss of 25 holders — while 44 trimmed existing stakes and 73 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $12.3M. The largest seller was JP Morgan Chase, cutting an estimated $20M.
- 158 institutional investors held Fossil Group (FOSL) as of Q3 2017, down from 186 in Q2 2017.
- Funds reported $419M of Fossil Group stock for Q3 2017, down 22% quarter-over-quarter.
- 17 funds opened new Fossil Group positions in Q3 2017 and 42 closed out, a net change of -25 holders.
- The largest Fossil Group buyer in Q3 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $12.3M added.
- The largest Fossil Group seller in Q3 2017 was JP Morgan Chase, an estimated $20M sold.
Based on aggregated 13F filings for Q3 2017.