SecurityMOV / Movado Group, Inc.
InstitutionDeutsche Bank Ag\
Shares230,987
Value $ 11,156,000
Related MOVAA / Movado Group, Inc.

Deutsche Bank Ag\ reports 2.44% decrease in ownership of MOV / Movado Group, Inc.

August 14, 2018 - Deutsche Bank Ag\ has filed a 13F-HR form disclosing ownership of 230,987 shares of Movado Group, Inc. (NYSE:MOV) with total holdings valued at $11,156,000 USD as of June 30, 2018. Deutsche Bank Ag\ had filed a previous 13F-HR on May 15, 2018 disclosing 236,773 shares of Movado Group, Inc. at a value of $9,090,000 USD. This represents a change in shares of -2.44 percent and a change in value of 22.73 percent during the quarter.

Other investors with positions similar to Deutsche Bank Ag\ include Millennium Management Llc, Ameriprise Financial Inc, Bank of New York Mellon Corp, Tiaa Cref Investment Management Llc, Lsv Asset Management, and Prudential Financial Inc.

Movado Group, Inc. has declared a standard industrial code (sic) of 3873 which is the "Watches, Clocks, Clockwork Operated Devices, and Parts" industry. Deutsche Bank Ag\'s top industries are "Fishing hunting and trapping" (sic 09), "Forestry" (sic 08), and "Legal Services" (sic 81).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR MOVADO GROUP COM 624580106 43.34 230,987 -2.44 11,156 22.73 -251 2,317 25.49
2018-03-31 13F-HR MOVADO GROUP COM 624580106 35.29 236,773 -18.93 9,090 -3.32 -1,952 1,640 17.44
2017-12-31 13F-HR MOVADO GROUP COM 624580106 30.09 292,072 -5.22 9,402 9.00 -484 1,260 14.61
2017-09-30 13F-HR MOVADO GROUP COM 624580106 26.62 308,151 -11.58 8,626 -1.93 -1,074 904 10.28
2017-06-30 13F-HR MOVADO GROUP COM 624580106 25.09 348,500 12.54 8,796 13.88 974 98 1.26
2017-03-31 13F-HR MOVADO GROUP COM 624580106 26.84 309,669 -0.33 7,724 -13.51 -28 -1,179 -13.20
2016-12-31 13F-HR MOVADO GROUP COM 624580106 25.11 310,703 2.51 8,931 37.25 191 2,233 34.32
2016-09-30 13F-HR MOVADO GROUP COM 624580106 21.57 303,095 -6.95 6,507 -7.83 -488 -65 -0.92
2016-06-30 13F-HR MOVADO GROUP COM 624580106 24.59 325,719 363.29 7,060 265.05 6,281 -1,155 -59.72
2016-03-31 13F-HR MOVADO GROUP COM 624580106 26.58 70,306 39.12 1,934 49.23 525 113 8.69
2015-12-31 13F-HR MOVADO GROUP COM 624580106 25.71 50,537 -9.89 1,296 -10.31 -143 -6 -0.45
2015-09-30 13F-HR MOVADO GROUP COM 624580106 26.45 56,082 -32.38 1,445 -35.78 -710 -95 -4.21
2015-06-30 13F-HR MOVADO GROUP COM 624580106 27.81 82,940 3.87 2,250 -1.10 86 -111 -4.87
2015-03-31 13F-HR MOVADO GROUP COM 624580106 28.40 79,851 64.77 2,275 65.82 892 11 0.84
2014-12-31 13F-HR MOVADO GROUP COM 624580106 30.63 48,461 61.95 1,372 39.15 568 -182 -18.44
2014-09-30 13F-HR MOVADO GROUP COM 624580106 37.29 29,923 -23.25 986 -39.25 -338 -299 -18.42
2014-06-30 13F-HR MOVADO GROUP COM 624580106 43.58 38,989 -30.84 1,623 -36.77 -758 -186 -7.26
2014-03-31 13F-HR MOVADO GROUP COM 624580106 56,376 2,567


CUSIP: 624580106