Movado Group
MOV
141 hedge funds and large institutions have $384M invested in Movado Group in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 53 increasing their positions, 50 reducing their positions, and 24 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 50
2% more capital invested
Capital invested by funds: $376M → $384M (+$7.49M)
0.6% more ownership
Funds ownership: 92.54% → 93.13% (+0.6%)
7% less funds holding
Funds holding: 152 → 141 (-11)
42% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 24
50% less call options, than puts
Call options by funds: $695K | Put options by funds: $1.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$12.6M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$9.75M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.23M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$4.04M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$14.1M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.22M |
| 3 |
Millennium Management
New York
|
-$2.66M |
| 4 |
JP Morgan Chase
New York
|
-$1.51M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$1.43M |
MOV Hedge Fund Activity: Q2 2017 in Review
141 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q2 2017, worth a combined $384M — up 2% from $376M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MOV and 14 opened new positions — a net loss of 10 holders — while 50 trimmed existing stakes and 53 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $12.6M. The largest seller was Royce & Associates, cutting an estimated $14.1M.
- 141 institutional investors held Movado Group (MOV) as of Q2 2017, down from 152 in Q1 2017.
- Funds reported $384M of Movado Group stock for Q2 2017, up 2% quarter-over-quarter.
- 14 funds opened new Movado Group positions in Q2 2017 and 24 closed out, a net change of -10 holders.
- The largest Movado Group buyer in Q2 2017 was Janus Henderson Group, an estimated $12.6M added.
- The largest Movado Group seller in Q2 2017 was Royce & Associates, an estimated $14.1M sold.
Based on aggregated 13F filings for Q2 2017.