Movado Group
MOV
163 hedge funds and large institutions have $342M invested in Movado Group in 2016 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 52 increasing their positions, 57 reducing their positions, and 27 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 57
1.7% less ownership
Funds ownership: 95.32% → 93.62% (-1.7%)
2% less funds holding
Funds holding: 167 → 163 (-4)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
19% less capital invested
Capital invested by funds: $423M → $342M (-$81.6M)
57% less call options, than puts
Call options by funds: $261K | Put options by funds: $604K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.26M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.77M |
| 3 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
+$5.3M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$4.43M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$8.38M |
| 2 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$7.71M |
| 3 |
JP Morgan Chase
New York
|
-$5.46M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.41M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.7M |
MOV Hedge Fund Activity: Q2 2016 in Review
163 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q2 2016, worth a combined $342M — down 19% from $423M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of MOV and 24 opened new positions — a net loss of 3 holders — while 57 trimmed existing stakes and 52 added.
The largest buyer was Deutsche Bank, adding an estimated $6.26M. The largest seller was Brandywine Global Investment Management, cutting an estimated $8.38M.
- 163 institutional investors held Movado Group (MOV) as of Q2 2016, down from 167 in Q1 2016.
- Funds reported $342M of Movado Group stock for Q2 2016, down 19% quarter-over-quarter.
- 24 funds opened new Movado Group positions in Q2 2016 and 27 closed out, a net change of -3 holders.
- The largest Movado Group buyer in Q2 2016 was Deutsche Bank, an estimated $6.26M added.
- The largest Movado Group seller in Q2 2016 was Brandywine Global Investment Management, an estimated $8.38M sold.
Based on aggregated 13F filings for Q2 2016.