Movado Group
MOV
197 hedge funds and large institutions have $762M invested in Movado Group in 2018 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 59 increasing their positions, 67 reducing their positions, and 22 closing their positions.
59% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 22
34% more capital invested
Capital invested by funds: $570M → $762M (+$192M)
6% more funds holding
Funds holding: 185 → 197 (+12)
4.65% more ownership
Funds ownership: 91.17% → 95.82% (+4.7%)
12% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 67
32% less call options, than puts
Call options by funds: $2.81M | Put options by funds: $4.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$10.6M |
| 2 |
BlackRock
New York
|
+$10.1M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$9.23M |
| 4 |
Goldman Sachs
New York
|
+$9.05M |
| 5 |
Millennium Management
New York
|
+$7.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$12M |
| 2 |
RA
Royce & Associates
New York
|
-$9.38M |
| 3 |
JP Morgan Chase
New York
|
-$8.68M |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
-$4.6M |
| 5 |
MCM
Matarin Capital Management
New York
|
-$3.28M |
MOV Hedge Fund Activity: Q2 2018 in Review
197 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q2 2018, worth a combined $762M — up 34% from $570M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MOV positions and 22 closed out — a net gain of 13 holders — while 59 added to existing stakes and 67 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $10.6M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $12M.
- 197 institutional investors held Movado Group (MOV) as of Q2 2018, up from 185 in Q1 2018.
- Funds reported $762M of Movado Group stock for Q2 2018, up 34% quarter-over-quarter.
- 35 funds opened new Movado Group positions in Q2 2018 and 22 closed out, a net change of +13 holders.
- The largest Movado Group buyer in Q2 2018 was Acadian Asset Management, an estimated $10.6M added.
- The largest Movado Group seller in Q2 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $12M sold.
Based on aggregated 13F filings for Q2 2018.