G-III Apparel Group
GIII
181 hedge funds and large institutions have $1.38B invested in G-III Apparel Group in 2016 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 83 increasing their positions, 54 reducing their positions, and 51 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 54
1% less call options, than puts
Call options by funds: $5.62M | Put options by funds: $5.68M
12% less funds holding
Funds holding: 205 → 181 (-24)
35% less capital invested
Capital invested by funds: $2.13B → $1.38B (-$744M)
45% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 51
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$43.7M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$24.1M |
| 3 |
WM
WS Management
Jacksonville,
Florida
|
+$23.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$18.9M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$32.5M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$32.4M |
| 3 |
Jennison Associates
New York
|
-$31.3M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$25.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$20.5M |
GIII Hedge Fund Activity: Q3 2016 in Review
181 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in G-III Apparel Group (GIII) for Q3 2016, worth a combined $1.38B — down 35% from $2.13B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of GIII and 28 opened new positions — a net loss of 23 holders — while 54 trimmed existing stakes and 83 added.
The largest buyer was Bank of New York Mellon, adding an estimated $43.7M. The largest seller was Royce & Associates, exiting entirely with an estimated $32.5M sold.
- 181 institutional investors held G-III Apparel Group (GIII) as of Q3 2016, down from 205 in Q2 2016.
- Funds reported $1.38B of G-III Apparel Group stock for Q3 2016, down 35% quarter-over-quarter.
- 28 funds opened new G-III Apparel Group positions in Q3 2016 and 51 closed out, a net change of -23 holders.
- The largest G-III Apparel Group buyer in Q3 2016 was Bank of New York Mellon, an estimated $43.7M added.
- The largest G-III Apparel Group seller in Q3 2016 was Royce & Associates, an estimated $32.5M sold.
Based on aggregated 13F filings for Q3 2016.