MFFAIS.com featured their Quarterly Retail-Jewelry Industry Rundown. Mffais.com compiles the statistics from recent SEC filings by mutual funds and institutions to determine the positions taken and confidence in stocks by professional mutual fund managers and institutional investors.
Highlights included:
* Tiffany Co (TIF) leads industry in number of funds buying shares 41.36% of industry buys
* Seiko Holdings Corp (8050.T) had the highest overall confidence score (relation of funds buying versus fund selling)
* Signet Jewelers Ltd (SIG) had second highest number of funds buying shares 17.26% of industry buys
* Bulgari Spa (BUL.MI) had the second highest overall confidence score (relation of funds buying versus fund selling)
* The top 30 moves by funds in the industry by value of trade shows:
a) 63.33% buys versus 36.66% sells
b) Bulgari Spa (BUL.MI) buys were 20.00% of all activity, 31.57% of number of buys and 81.68% of value of buy trades
c) Signet Jewelers Ltd (SIG) buys were 16.66% of all activity, 26.31% of number of buys and 8.85% of value of buy trades
* When institutions own multiple industry stocks, the most bought industry stock was Tiffany Co (TIF)
* When institutions own multiple industry stocks, the most sold industry stock was Zale Corp (ZLC)
For details of the "Stock Picks of Institutional Investors!", including purchasing history and buying patterns, please visit http://www.mffais.com
