Movado Group
MOV
155 hedge funds and large institutions have $766M invested in Movado Group in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 55 increasing their positions, 58 reducing their positions, and 16 closing their positions.
116% more call options, than puts
Call options by funds: $1.58M | Put options by funds: $729K
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
3% more funds holding
Funds holding: 151 → 155 (+4)
4% more capital invested
Capital invested by funds: $738M → $766M (+$28.3M)
0.39% more ownership
Funds ownership: 89.36% → 89.75% (+0.39%)
5% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$14.4M |
| 2 |
JP Morgan Chase
New York
|
+$13.4M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$5.61M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$5.09M |
| 5 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
+$4.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$16.6M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$10.1M |
| 3 |
SCM
Sigma Capital Management
Stamford,
Connecticut
|
-$6.71M |
| 4 |
Select Equity Group
New York
|
-$5.8M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$5.04M |
MOV Hedge Fund Activity: Q1 2014 in Review
155 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q1 2014, worth a combined $766M — up 3.8% from $738M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MOV positions and 16 closed out — a net gain of 5 holders — while 55 added to existing stakes and 58 trimmed.
The largest buyer was Luther King Capital Management (LKCM), opening a new position worth an estimated $14.4M. The largest seller was Wells Fargo, cutting an estimated $16.6M.
- 155 institutional investors held Movado Group (MOV) as of Q1 2014, up from 151 in Q4 2013.
- Funds reported $766M of Movado Group stock for Q1 2014, up 3.8% quarter-over-quarter.
- 21 funds opened new Movado Group positions in Q1 2014 and 16 closed out, a net change of +5 holders.
- The largest Movado Group buyer in Q1 2014 was Luther King Capital Management (LKCM), an estimated $14.4M added.
- The largest Movado Group seller in Q1 2014 was Wells Fargo, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2014.