Movado Group
MOV
147 hedge funds and large institutions have $408M invested in Movado Group in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 30 increasing their positions, 72 reducing their positions, and 14 closing their positions.
72% more call options, than puts
Call options by funds: $1.33M | Put options by funds: $773K
66% more capital invested
Capital invested by funds: $246M → $408M (+$162M)
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
6% more funds holding
Funds holding: 139 → 147 (+8)
2.65% less ownership
Funds ownership: 88.91% → 86.25% (-2.7%)
58% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$11.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.12M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$3.4M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.44M |
| 5 |
BlackRock
New York
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$6.21M |
| 2 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
-$4.13M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$3.09M |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
-$3.06M |
| 5 |
Goldman Sachs
New York
|
-$2.64M |
MOV Hedge Fund Activity: Q1 2021 in Review
147 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q1 2021, worth a combined $408M — up 66% from $246M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MOV positions and 14 closed out — a net gain of 9 holders — while 30 added to existing stakes and 72 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $11.3M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $6.21M.
- 147 institutional investors held Movado Group (MOV) as of Q1 2021, up from 139 in Q4 2020.
- Funds reported $408M of Movado Group stock for Q1 2021, up 66% quarter-over-quarter.
- 23 funds opened new Movado Group positions in Q1 2021 and 14 closed out, a net change of +9 holders.
- The largest Movado Group buyer in Q1 2021 was DePrince Race & Zollo Inc (DRZ), an estimated $11.3M added.
- The largest Movado Group seller in Q1 2021 was Manulife (Manufacturers Life Insurance), an estimated $6.21M sold.
Based on aggregated 13F filings for Q1 2021.