G-III Apparel Group
GIII
141 hedge funds and large institutions have $984M invested in G-III Apparel Group in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 57 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
16% more capital invested
Capital invested by funds: $852M → $984M (+$132M)
6% more funds holding
Funds holding: 133 → 141 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 57
70% less call options, than puts
Call options by funds: $223K | Put options by funds: $737K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$21.7M |
| 2 |
CCI
Columbus Circle Investors
|
+$20.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$9.29M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$6.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
-$41.5M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$4.96M |
| 3 |
Millennium Management
New York
|
-$4.35M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.23M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.06M |
GIII Hedge Fund Activity: Q3 2013 in Review
141 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in G-III Apparel Group (GIII) for Q3 2013, worth a combined $984M — up 16% from $852M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GIII positions and 12 closed out — a net gain of 9 holders — while 48 added to existing stakes and 57 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $21.7M. The largest seller was Scopia Capital Management, cutting an estimated $41.5M.
- 141 institutional investors held G-III Apparel Group (GIII) as of Q3 2013, up from 133 in Q2 2013.
- Funds reported $984M of G-III Apparel Group stock for Q3 2013, up 16% quarter-over-quarter.
- 21 funds opened new G-III Apparel Group positions in Q3 2013 and 12 closed out, a net change of +9 holders.
- The largest G-III Apparel Group buyer in Q3 2013 was Adage Capital Partners, an estimated $21.7M added.
- The largest G-III Apparel Group seller in Q3 2013 was Scopia Capital Management, an estimated $41.5M sold.
Based on aggregated 13F filings for Q3 2013.