Movado Group
MOV
149 hedge funds and large institutions have $431M invested in Movado Group in 2015 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 53 increasing their positions, 54 reducing their positions, and 22 closing their positions.
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
8.09% more ownership
Funds ownership: 83.8% → 91.89% (+8.1%)
2% more funds holding
Funds holding: 146 → 149 (+3)
2% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 54
3% less capital invested
Capital invested by funds: $443M → $431M (-$12M)
44% less call options, than puts
Call options by funds: $615K | Put options by funds: $1.1M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$21M |
| 2 |
Morgan Stanley
New York
|
+$6.65M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$3.44M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.42M |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$7.41M |
| 2 |
ClearBridge Investments
New York
|
-$6.13M |
| 3 |
CAM
Cacti Asset Management
Atlanta,
Georgia
|
-$3.94M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.12M |
| 5 |
MC
Menta Capital
San Francisco,
California
|
-$2.85M |
MOV Hedge Fund Activity: Q2 2015 in Review
149 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q2 2015, worth a combined $431M — down 2.7% from $443M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new MOV positions and 22 closed out — a net gain of 3 holders — while 53 added to existing stakes and 54 trimmed.
The largest buyer was Royce & Associates, adding an estimated $21M. The largest seller was Perkins Investment Management, cutting an estimated $7.41M.
- 149 institutional investors held Movado Group (MOV) as of Q2 2015, up from 146 in Q1 2015.
- Funds reported $431M of Movado Group stock for Q2 2015, down 2.7% quarter-over-quarter.
- 25 funds opened new Movado Group positions in Q2 2015 and 22 closed out, a net change of +3 holders.
- The largest Movado Group buyer in Q2 2015 was Royce & Associates, an estimated $21M added.
- The largest Movado Group seller in Q2 2015 was Perkins Investment Management, an estimated $7.41M sold.
Based on aggregated 13F filings for Q2 2015.