Movado Group
MOV
138 hedge funds and large institutions have $487M invested in Movado Group in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 51 reducing their positions, and 28 closing their positions.
3.28% more ownership
Funds ownership: 89.95% → 93.23% (+3.3%)
6% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 51
11% less capital invested
Capital invested by funds: $550M → $487M (-$63M)
12% less funds holding
Funds holding: 156 → 138 (-18)
24% less call options, than puts
Call options by funds: $379K | Put options by funds: $496K
50% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$17.9M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$15.9M |
| 3 |
RA
Royce & Associates
New York
|
+$13.1M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$7.79M |
| 5 |
Millennium Management
New York
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$20.4M |
| 2 |
JP Morgan Chase
New York
|
-$15.4M |
| 3 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
-$13.3M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$12.4M |
| 5 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$12.1M |
MOV Hedge Fund Activity: Q4 2014 in Review
138 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q4 2014, worth a combined $487M — down 11% from $550M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MOV and 14 opened new positions — a net loss of 14 holders — while 51 trimmed existing stakes and 48 added.
The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $17.9M. The largest seller was Luther King Capital Management (LKCM), exiting entirely with an estimated $20.4M sold.
- 138 institutional investors held Movado Group (MOV) as of Q4 2014, down from 156 in Q3 2014.
- Funds reported $487M of Movado Group stock for Q4 2014, down 11% quarter-over-quarter.
- 14 funds opened new Movado Group positions in Q4 2014 and 28 closed out, a net change of -14 holders.
- The largest Movado Group buyer in Q4 2014 was Epoch Investment Partners, an estimated $17.9M added.
- The largest Movado Group seller in Q4 2014 was Luther King Capital Management (LKCM), an estimated $20.4M sold.
Based on aggregated 13F filings for Q4 2014.