Movado Group
MOV
185 hedge funds and large institutions have $570M invested in Movado Group in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 53 increasing their positions, 69 reducing their positions, and 10 closing their positions.
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
17% more capital invested
Capital invested by funds: $488M → $570M (+$82.4M)
6% more funds holding
Funds holding: 174 → 185 (+11)
1.79% less ownership
Funds ownership: 92.96% → 91.17% (-1.8%)
23% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 69
52% less call options, than puts
Call options by funds: $1.34M | Put options by funds: $2.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.26M |
| 2 |
Renaissance Technologies
New York
|
+$3.89M |
| 3 |
Goldman Sachs
New York
|
+$2.89M |
| 4 |
Two Sigma Investments
New York
|
+$2.14M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$5.07M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.38M |
| 3 |
RA
Royce & Associates
New York
|
-$4.12M |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$3.57M |
| 5 |
Millennium Management
New York
|
-$1.76M |
MOV Hedge Fund Activity: Q1 2018 in Review
185 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q1 2018, worth a combined $570M — up 17% from $488M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MOV positions and 10 closed out — a net gain of 12 holders — while 53 added to existing stakes and 69 trimmed.
The largest buyer was Driehaus Capital Management, adding an estimated $4.26M. The largest seller was Norges Bank, cutting an estimated $5.07M.
- 185 institutional investors held Movado Group (MOV) as of Q1 2018, up from 174 in Q4 2017.
- Funds reported $570M of Movado Group stock for Q1 2018, up 17% quarter-over-quarter.
- 22 funds opened new Movado Group positions in Q1 2018 and 10 closed out, a net change of +12 holders.
- The largest Movado Group buyer in Q1 2018 was Driehaus Capital Management, an estimated $4.26M added.
- The largest Movado Group seller in Q1 2018 was Norges Bank, an estimated $5.07M sold.
Based on aggregated 13F filings for Q1 2018.