Movado Group
MOV
152 hedge funds and large institutions have $376M invested in Movado Group in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 54 increasing their positions, 40 reducing their positions, and 16 closing their positions.
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
35% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 40
2.89% more ownership
Funds ownership: 89.64% → 92.54% (+2.9%)
2% more funds holding
Funds holding: 149 → 152 (+3)
10% less capital invested
Capital invested by funds: $420M → $376M (-$43.3M)
64% less call options, than puts
Call options by funds: $644K | Put options by funds: $1.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$48.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$8.12M |
| 3 |
JP Morgan Chase
New York
|
+$7.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.75M |
| 5 |
Millennium Management
New York
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.24M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$4.8M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$4.65M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$3.78M |
| 5 |
RA
Royce & Associates
New York
|
-$3.51M |
MOV Hedge Fund Activity: Q1 2017 in Review
152 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q1 2017, worth a combined $376M — down 10% from $420M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MOV positions and 16 closed out — a net gain of 8 holders — while 54 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock, adding an estimated $48.6M. The largest seller was Wells Fargo, cutting an estimated $6.24M.
- 152 institutional investors held Movado Group (MOV) as of Q1 2017, up from 149 in Q4 2016.
- Funds reported $376M of Movado Group stock for Q1 2017, down 10% quarter-over-quarter.
- 24 funds opened new Movado Group positions in Q1 2017 and 16 closed out, a net change of +8 holders.
- The largest Movado Group buyer in Q1 2017 was BlackRock, an estimated $48.6M added.
- The largest Movado Group seller in Q1 2017 was Wells Fargo, an estimated $6.24M sold.
Based on aggregated 13F filings for Q1 2017.