Movado Group
MOV
143 hedge funds and large institutions have $303M invested in Movado Group in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 48 increasing their positions, 53 reducing their positions, and 27 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 53
6.38% less ownership
Funds ownership: 93.62% → 87.24% (-6.4%)
11% less capital invested
Capital invested by funds: $342M → $303M (-$39.2M)
12% less funds holding
Funds holding: 163 → 143 (-20)
70% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 27
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $794K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.77M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$3.01M |
| 3 |
DCCA
D.C. Capital Advisors
New York
|
+$2.24M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.98M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$11.7M |
| 2 |
RA
Royce & Associates
New York
|
-$6.65M |
| 3 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$4.87M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$4.2M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$1.73M |
MOV Hedge Fund Activity: Q3 2016 in Review
143 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q3 2016, worth a combined $303M — down 11% from $342M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of MOV and 8 opened new positions — a net loss of 19 holders — while 53 trimmed existing stakes and 48 added.
The largest buyer was Fidelity Investments, adding an estimated $4.77M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $11.7M sold.
- 143 institutional investors held Movado Group (MOV) as of Q3 2016, down from 163 in Q2 2016.
- Funds reported $303M of Movado Group stock for Q3 2016, down 11% quarter-over-quarter.
- 8 funds opened new Movado Group positions in Q3 2016 and 27 closed out, a net change of -19 holders.
- The largest Movado Group buyer in Q3 2016 was Fidelity Investments, an estimated $4.77M added.
- The largest Movado Group seller in Q3 2016 was Epoch Investment Partners, an estimated $11.7M sold.
Based on aggregated 13F filings for Q3 2016.