LongUHRSep 2026
The Swatch Group AG
Swatch's luxury-watch profits are depressed as demand in China has not yet recovered. Despite a 1.7% first-half operating margin, sales rose 8.5% at constant exchange rates and…
UHR
Which hedge funds are long UHR?
4 published ideas on The Swatch Group AG across 3 funds — 4 long and 0 short.
The Swatch Group hedge fund investment theses
Each stock pitch below comes from a fund manager's own investor letter, not a 13F filing, so it carries the reasoning behind the portfolio position on The Swatch Group: the full investment thesis, the risks the manager flagged, the conviction level and the time horizon. Positions may have changed since the letter was written.
Funds with a position view
Long theses
LongUHRSep 2026
The Swatch Group AG
Swatch has suffered a prolonged luxury-market slowdown, particularly in China, with first-half operating margins at 1.7%. However, constant-currency revenue increased 8.5%…
LongUHRSep 2026
The Swatch Group AG
Swatch's luxury-watch profits are depressed as demand in China has not yet recovered. Despite a 1.7% first-half operating margin, sales rose 8.5% at constant exchange rates and…
LongUHRAug 2026
The Swatch Group AG
GreenWood's Swatch thesis combines improving watch-industry fundamentals with the potential for significant governance reform. Bearer shareholders gave GreenWood approximately…