Movado Group
MOV
174 hedge funds and large institutions have $488M invested in Movado Group in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 55 increasing their positions, 57 reducing their positions, and 12 closing their positions.
167% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 12
16% more capital invested
Capital invested by funds: $421M → $488M (+$67.4M)
13% more funds holding
Funds holding: 154 → 174 (+20)
0.95% more ownership
Funds ownership: 92.01% → 92.96% (+0.95%)
1% less call options, than puts
Call options by funds: $2.08M | Put options by funds: $2.09M
4% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.11M |
| 2 |
BlackRock
New York
|
+$2.59M |
| 3 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$2.08M |
| 4 |
RA
Royce & Associates
New York
|
+$1.96M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.6M |
| 2 |
JP Morgan Chase
New York
|
-$1.98M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.7M |
| 4 |
Two Sigma Investments
New York
|
-$1.65M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$1.49M |
MOV Hedge Fund Activity: Q4 2017 in Review
174 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q4 2017, worth a combined $488M — up 16% from $421M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new MOV positions and 12 closed out — a net gain of 20 holders — while 55 added to existing stakes and 57 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $4.11M. The largest seller was Fidelity Investments, cutting an estimated $11.6M.
- 174 institutional investors held Movado Group (MOV) as of Q4 2017, up from 154 in Q3 2017.
- Funds reported $488M of Movado Group stock for Q4 2017, up 16% quarter-over-quarter.
- 32 funds opened new Movado Group positions in Q4 2017 and 12 closed out, a net change of +20 holders.
- The largest Movado Group buyer in Q4 2017 was Driehaus Capital Management, an estimated $4.11M added.
- The largest Movado Group seller in Q4 2017 was Fidelity Investments, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2017.