Movado Group
MOV
146 hedge funds and large institutions have $417M invested in Movado Group in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 45 increasing their positions, 64 reducing their positions, and 34 closing their positions.
2.4% less ownership
Funds ownership: 95.17% → 92.77% (-2.4%)
6% less capital invested
Capital invested by funds: $441M → $417M (-$24.4M)
14% less funds holding
Funds holding: 169 → 146 (-23)
30% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 64
38% less call options, than puts
Call options by funds: $1.18M | Put options by funds: $1.92M
59% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$10.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.88M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.62M |
| 4 |
Walleye Capital
New York
|
+$2.47M |
| 5 |
Goldman Sachs
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
-$14.3M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.76M |
| 3 |
BlackRock
New York
|
-$3.28M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$2.66M |
| 5 |
Millennium Management
New York
|
-$2.15M |
MOV Hedge Fund Activity: Q1 2023 in Review
146 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q1 2023, worth a combined $417M — down 5.5% from $441M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of MOV and 14 opened new positions — a net loss of 20 holders — while 64 trimmed existing stakes and 45 added.
The largest buyer was First Trust Advisors, adding an estimated $10.4M. The largest seller was Tributary Capital Management, exiting entirely with an estimated $14.3M sold.
- 146 institutional investors held Movado Group (MOV) as of Q1 2023, down from 169 in Q4 2022.
- Funds reported $417M of Movado Group stock for Q1 2023, down 5.5% quarter-over-quarter.
- 14 funds opened new Movado Group positions in Q1 2023 and 34 closed out, a net change of -20 holders.
- The largest Movado Group buyer in Q1 2023 was First Trust Advisors, an estimated $10.4M added.
- The largest Movado Group seller in Q1 2023 was Tributary Capital Management, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2023.