G-III Apparel Group
GIII
178 hedge funds and large institutions have $642M invested in G-III Apparel Group in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 72 reducing their positions, and 42 closing their positions.
24% more capital invested
Capital invested by funds: $516M → $642M (+$126M)
9.6% more ownership
Funds ownership: 79.17% → 88.77% (+9.6%)
1% less call options, than puts
Call options by funds: $5.39M | Put options by funds: $5.43M
11% less funds holding
Funds holding: 200 → 178 (-22)
31% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 72
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
45% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAP
Madison Avenue Partners
New York
|
+$24.7M |
| 2 |
NM
Newtyn Management
New York
|
+$24.1M |
| 3 |
Two Sigma Investments
New York
|
+$3.48M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.28M |
| 5 |
Walleye Capital
New York
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$9.29M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$6.5M |
| 3 |
KHCM
Kettle Hill Capital Management
New York
|
-$6.18M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$6.11M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.82M |
GIII Hedge Fund Activity: Q1 2023 in Review
178 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in G-III Apparel Group (GIII) for Q1 2023, worth a combined $642M — up 24% from $516M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of GIII and 23 opened new positions — a net loss of 19 holders — while 72 trimmed existing stakes and 50 added.
The largest buyer was Madison Avenue Partners, adding an estimated $24.7M. The largest seller was BlackRock, cutting an estimated $9.29M.
- 178 institutional investors held G-III Apparel Group (GIII) as of Q1 2023, down from 200 in Q4 2022.
- Funds reported $642M of G-III Apparel Group stock for Q1 2023, up 24% quarter-over-quarter.
- 23 funds opened new G-III Apparel Group positions in Q1 2023 and 42 closed out, a net change of -19 holders.
- The largest G-III Apparel Group buyer in Q1 2023 was Madison Avenue Partners, an estimated $24.7M added.
- The largest G-III Apparel Group seller in Q1 2023 was BlackRock, an estimated $9.29M sold.
Based on aggregated 13F filings for Q1 2023.