Movado Group
MOV
157 hedge funds and large institutions have $706M invested in Movado Group in 2014 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 64 increasing their positions, 44 reducing their positions, and 26 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 44
12% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 26
1% more funds holding
Funds holding: 155 → 157 (+2)
1.16% more ownership
Funds ownership: 89.75% → 90.9% (+1.2%)
7% less capital invested
Capital invested by funds: $758M → $706M (-$51.8M)
25% less call options, than puts
Call options by funds: $417K | Put options by funds: $554K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$27.8M |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$12.2M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$11M |
| 4 |
JP Morgan Chase
New York
|
+$8.71M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$38.7M |
| 2 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$15.9M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$8.3M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$6.07M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$4.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NCCM
176
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$237K | -5,200 | Closed |
|
|
SC
177
Sumit Capital
New York
| – | -$226K | -4,971 | Closed |
|
|
PCM
178
Prelude Capital Management
New York
| – | -$141K | -3,100 | Closed |
|
|
SFU
179
Stonehage Fleming (UK)
London,
United Kingdom
| – | -$91K | -1,990 | Closed |
|
|
QT
180
Quantbot Technologies
New York
| – | -$63K | -1,400 | Closed |
|
|
SCA
181
SAC Capital Advisors
Stamford,
Connecticut
| – | -$47K | -1,033 | Closed |
|
|
BCM
182
Basso Capital Management
Stamford,
Connecticut
| – | -$41K | -897 | Closed |
|
|
WEC
183
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$1.78K | -39 | Closed |
|
184
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$121 | +3 | New |
|
MOV Hedge Fund Activity: Q2 2014 in Review
157 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q2 2014, worth a combined $706M — down 6.8% from $758M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new MOV positions and 26 closed out — a net gain of 3 holders — while 64 added to existing stakes and 44 trimmed.
The largest buyer was Royce & Associates, adding an estimated $27.8M. The largest seller was Wells Fargo, cutting an estimated $38.7M.
- 157 institutional investors held Movado Group (MOV) as of Q2 2014, up from 155 in Q1 2014.
- Funds reported $706M of Movado Group stock for Q2 2014, down 6.8% quarter-over-quarter.
- 29 funds opened new Movado Group positions in Q2 2014 and 26 closed out, a net change of +3 holders.
- The largest Movado Group buyer in Q2 2014 was Royce & Associates, an estimated $27.8M added.
- The largest Movado Group seller in Q2 2014 was Wells Fargo, an estimated $38.7M sold.
Based on aggregated 13F filings for Q2 2014.