G-III Apparel Group
GIII
160 hedge funds and large institutions have $1.35B invested in G-III Apparel Group in 2014 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 52 increasing their positions, 64 reducing their positions, and 31 closing their positions.
91% more call options, than puts
Call options by funds: $11M | Put options by funds: $5.75M
1% less capital invested
Capital invested by funds: $1.37B → $1.35B (-$19.1M)
3% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 31
2% less funds holding
Funds holding: 163 → 160 (-3)
19% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 64
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$54.8M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$46.8M |
| 3 |
FAM
Fred Alger Management
New York
|
+$18.8M |
| 4 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$17.5M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
-$58.1M |
| 2 |
RA
Royce & Associates
New York
|
-$52.4M |
| 3 |
CCI
Columbus Circle Investors
|
-$15.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$14.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.5M |
GIII Hedge Fund Activity: Q1 2014 in Review
160 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in G-III Apparel Group (GIII) for Q1 2014, worth a combined $1.35B — down 1.4% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GIII and 30 opened new positions — a net loss of 1 holder — while 64 trimmed existing stakes and 52 added.
The largest buyer was Invesco, adding an estimated $54.8M. The largest seller was Scopia Capital Management, exiting entirely with an estimated $58.1M sold.
- 160 institutional investors held G-III Apparel Group (GIII) as of Q1 2014, down from 163 in Q4 2013.
- Funds reported $1.35B of G-III Apparel Group stock for Q1 2014, down 1.4% quarter-over-quarter.
- 30 funds opened new G-III Apparel Group positions in Q1 2014 and 31 closed out, a net change of -1 holder.
- The largest G-III Apparel Group buyer in Q1 2014 was Invesco, an estimated $54.8M added.
- The largest G-III Apparel Group seller in Q1 2014 was Scopia Capital Management, an estimated $58.1M sold.
Based on aggregated 13F filings for Q1 2014.